Propertylink gets $15m valuation boost
Propertylink benefited from a near $15 million boost to valuations, reflecting the strong demand for warehousing and logistics properties.
Propertylink benefited from a near $15 million boost to valuations, reflecting the strong demand for warehousing and logistics properties.
ASX-listed Propertylink Group has sold more properties – two manufacturing warehouses in Rydalmere in Sydney's west for $27.5 million.
Propertylink is in due diligence to buy a $150 million asset from an Asian fund manager.
On a high-traffic corner, the three-level former Skinners Hotel at the corner of Sydney's Hunter and George Streets has sold for $9 million.
Sentinel Property Group is looking to sell off about $50 million in neighbourhood shopping centres in NSW.
Anton Capital and Proprium Capital have made their first purchase since joining investment forces.
Propertylink has stepped up its capital recyling, selling two logistics facilities to Deutsche for $73.1 million.
Vicinity Centres has taken full control of the busy DFO South Wharf in Melbourne through a $141.25 million deal.
Mantra Group has paid a record $28m to secure the management rights to Tim Gurner's FV high-rise development in Brisbane's Fortitude Valley.
Abacus and its partners have sold the World Trade Centre in Melbourne for $267.5 million to a local private investor.
Propertylink and the former Bennelong Group are the latest to offer almost $400 million in commercial real estate for sale.
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