Cromwell votes against Investa proposal
IOF's single largest shareholder has voted its entire holding against a proposed partial internalisation of the office fund's management platform.
Nick Lenaghan writes on real estate specialising in commercial, residential, business. Based in Melbourne, Nick has more than 15 years experience as a journalist.
IOF's single largest shareholder has voted its entire holding against a proposed partial internalisation of the office fund's management platform.
South Africa's Investec Australia Property Fund is focusing its buying activity on Sydney's suburban office markets.
Singapore's Aspial is moving ahead on its plan to spin off its Australian and Malaysian property development business.
In a $275m deal, Singapore's ARA is poised to buy a prized Pitt Street tower, partly owned by the Duke of Westminster
Cromwell could make a fast exit from Investa Office Fund if it fails to fund a fresh takeover tilt: JP Morgan.
Singapore's Mapletree looking to buy a landmark St Kilda Road property in Melbourne in a deal worth close to $150 million.
GPT has increased its exposure in its $3.8 billion unlisted shopping centres fund after finalising a withdrawal window.
Charter Hall Long WALE REIT has bolstered its retail exposure, buying a Bunnings outlet at South Mackay for $28.5 million.
Cromwell looks to its second "Alan Bond" style deal as it sharpens pencil on Investa takeover.
Melbourne Lord Mayor Robert Doyle warns the success of high-rise residential is crowding out much-needed commercial space.
Mirvac has launched its development of a $750 million-plus premium office tower on Melbourne's Collins Street that will incorporate the stun...
New Zealand's Ryman plans to build a $100 million retirement village in at Geelong, Victoria's second biggest city.
The national housing market has shrugged off forecasts of an imminent decline, as overall volumes and clearance rates rose this week.
City planners have backed a twin-tower hotel and apartment complex in central Melbourne by a Malaysian developer.
Cromwell could launch a sweetened bid for Investor Office Fund within a fortnight as the takeover battle comes to a head.
Energy giant Exxon will divest a portfolio of properties after selling off its Melbourne HQ for $160 million.
More first-home buyers are dumping their ambition to become owner-occupiers in order to become property investors.
South Africa's Redefine Properties has said it will not fund Cromwell's $3 billion offer to buy out Investa Office Fund.
Singapore's Aspial has booked more than $1 billion in sales from two Melbourne apartment towers.
There is a sharply diverging performance between Westfield's flagship malls and its regional shopping centres.
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