This Month
- Exclusive
- Commercial property finance
‘It’s a bit of a golden age of private credit’
Fund manager Nuveen, which has done a $400 million deal with Singapore’s sovereign wealth fund, says high returns are possible – and the risks aren’t bad, either.
- Michael Bleby
- Opinion
- Business People of the Year
Greg Goodman turns his company into a data centre powerhouse
The billionaire’s push to meet the booming demand for data storage lands him a place on the 2024 The Australian Financial Review Business People of the Year list.
- Larry Schlesinger
- Exclusive
- Commercial real estate
James Packer behind $110m deal for Surry Hills heritage building
An investment company ultimately owned by James Packer is partnering with developer Time & Place on plans for a $500m inner-Sydney development.
- Larry Schlesinger
November
AUKUS subs project to drive $40b logistics, housing boom: report
The building and maintenance of nuclear submarines in Adelaide and Perth is expected to create demand for 1 million square metres of warehouse space and 24,500 homes.
- Larry Schlesinger
- Opinion
- Chanticleer
The next three property shortages have already started
Charter Hall boss David Harrison says the supply shortages and lack of developer confidence we’re seeing in the housing market are playing out across the property sector.
- James Thomson
- Investigation
- Mining
The $45m MinRes property deal – with the Ellisons on the other side
Investors in the iron ore and lithium miner would have had no idea that MinRes’ joint venture partner in a big Perth real estate play was the company’s founder.
- Neil Chenoweth and Mark Di Stefano
Goodman suffers first strike against pay despite 75pc return
The industrial powerhouse suffered a 34 per cent protest vote against its remuneration report despite reporting “truly outstanding” FY24 results.
- Larry Schlesinger and Campbell Kwan
Developers aren’t building apartments – and it’s getting worse
The mix of housing projects coming on stream in the next few years has changed. Apartment construction now looks weaker than even six months ago.
- Michael Bleby
The property giant that will soon build more data centres than sheds
The launch of a number big turnkey data centre projects next year – including in Sydney and Paris – will ramp up the value of Goodman’s global workbook.
- Larry Schlesinger
Industrial boom nearing an end as rental growth stalls, vacancies rise
New research suggests the e-commerce-led surge that turned the humble shed into the hottest commercial real estate asset is over.
- Larry Schlesinger
Sydney deals lift self-storage operator’s Aussie portfolio to $420m
StorHub, backed by Warburg Pincus, has acquired three self-storage facilities for over $110 million, expanding the number of sites it owns to 11.
- Larry Schlesinger
October
CBRE chases Burgess Rawson as big auction delivers $66m bonanza
Global real estate giant CBRE is in hot pursuit of portfolio auction specialist Burgess Rawson, which showed its value via a blockbuster auction event.
- Larry Schlesinger
Fund manager Garda more than doubles money on $114m industrial sale
Garda Property Group has spent $51m all up on a 25ha site in Brisbane’s northern suburbs that logistics giant ESR has agreed to buy for $114m.
- Larry Schlesinger
This developer cracked the Young Rich List by making warehouses sexy
Oscar Ledlin has tapped into the Instagram generation to build his fast-growing commercial property empire, but there have been falls along the way.
- Larry Schlesinger
- Opinion
- Opinion
Goodbye Sydney: warehouse owners priced out of town
The resulting transport and storage charges will flow on to the cost of living in Sydney, even to the cost of building a new home.
- Updated
- Robert Harley
Why investors eye offices in Sydney, Brisbane – but not Melbourne
A pick-up in commercial transactions over the first three quarters points to a stronger year, but it’s not a uniform improvement.
- Michael Bleby
September
From Supercheap to Salvos, retail assets earn investors’ favour
More than half of the 22 properties offered at commercial property auctions this week were passed in, but big brand retail assets sold well.
- Larry Schlesinger
Power crisis is as big as Australia’s housing crisis: Charter Hall
The lack of reliable energy is already hitting industrial property assets and will hit harder as investment ramps up in data centres, the industry warns.
- Michael Bleby
August
- Exclusive
- Rich Listers
Rich Listers double down on industrial with $800m logistics plans
Brothers Andrew and Michael Buxton have spent almost $150m buying adjoining sites in south-east Melbourne where they are planning an $800m logistics estate.
- Larry Schlesinger
Lendlease, Warburg Pincus in $1.8b life sciences buy
As it goes through a messy turnaround, Lendlease needs to convince investors it is on the right track. This deal aims to do that.
- Michael Bleby
