2020欧洲杯备用网址

Gary Weiss-backed ARA lifts bid for Cromwell

Gary Weiss-backed ARA lifts bid for Cromwell

ARA Group has today purchased around $61.6 million worth of Cromwell Property Group (ASX: CMW) shares on-market after raising its offer for greater ownership in the Brisbane-headquartered company. Led by corporate raider Dr Gary Weiss (pictured), Singapore-based ARA already had a 24.07 per cent share in Cromwell before its new offer annou...

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Coca-Cola Amatil to offload Brisbane logistics facility

Coca-Cola Amatil to offload Brisbane logistics facility

2020欧洲杯备用网址 Coca-Cola Amatil (ASX: CCL) is looking to sell an industrial property in Brisbane's south on lease-back terms as part of an ongoing strategic review into its assets.  With Savills Australia appointed as the exclusive agency for the sale that will start accepting first round bids in mid-September, Coca-Cola aims to offload it...

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Cromwell seeks link to Chinese billionaire Gordon Tang in ARA's $518m takeover bid

Cromwell seeks link to Chinese billionaire Gordon Tang in ARA's $518m takeover bid

Cromwell Property Group (ASX: CMW) is taking its defence against a hostile takeover bid to a new level as it seeks documents from Singaporean suitor ARA Asset Manager in a bid to nullify the offer. Through its latest manouevre Cromwell aims to establish a link between the group and Chinese billionaire Gordon Tang, which ARA has ...

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Primewest acquires Adelaide industrial property for $22m

Primewest acquires Adelaide industrial property for $22m

Property fund manager Primewest (ASX:PWG) has now lifted the value of its Industrial Income Trust No.3 to $80 million following the purchase of a South Australian distribution centre for $22 million. The high-profile Border Express property in the Northern Adelaide industrial Precinct represents the fifth acquisition for the tru...

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Cromwell grabs suite of DHL logistics assets for $86m

Cromwell grabs suite of DHL logistics assets for $86m

2020欧洲杯备用网址 Cromwell Property Group (ASX: CMW) have partnered with a Korean investment manager to acquire seven DHL logistics properties in Italy for $85.7 million. The acquisition will form the seed portfolio for a new Cromwell European Logistics Fund, targeting core logistics assets in France, Germany and Italy with a gross asset value of $650 to $...

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David Jones to sell Bourke Street Mall property for $121m

David Jones to sell Bourke Street Mall property for $121m

Retailer David Jones has entered a contract to divest its menswear store at 299 Bourke Street Mall in Melbourne to Newmark Capital for $121 million. The deal includes a short-term leaseback while South African-owned David Jones redevelops its flagship store on the opposite side of the mall on 310 Bourke Street, to be transformed...

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NSW cuts stamp duty on new homes worth up to $800,000

NSW cuts stamp duty on new homes worth up to $800,000

2020欧洲杯备用网址 The New South Wales Government will eliminate stamp duty on newly-built homes worth less than $800,000 for new home buyers under new measures aimed at boosting the construction industry, lifting the threshold from its previous level of $650,000. According to a report from Realestate.lexconsulo.com, the median dwelling price in Sydney in...

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Ford distribution centre to be built in Merrifield, Dexus acquires site

Ford distribution centre to be built in Merrifield, Dexus acquires site

2020欧洲杯备用网址 Ford Australia has announced today it will open a new automotive parts distribution centre at Merrifield Business Park in Melbourne in late 2021, joining a network of businesses including Dulux, D'Orsogna and Steritech. Developers MAB and GPC have confirmed the company signed a 10-year pre-lease for a 51,480m2 facility,...

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World's "greenest residential building" proposed for Brisbane

World's "greenest residential building" proposed for Brisbane

Dense landscaping with more than a thousand trees is planned for a green residential development dubbed "The Urban Forest" in South Brisbane. Aria Property Group and Koichi Takada Architects have lodged a development application for the building they claim will be the "greenest residential building in the world". ...

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Chinese developer to acquire Mariners Cove Marina for $28 million

Chinese developer to acquire Mariners Cove Marina for $28 million

The company behind the $1 billion 'Jewel' development in Surfers Paradise has acquired another slice of the Gold Coast from local developer Sunland Group (ASX: SDG). Chinese developer Ridong has acquired Mariners Cove Marina, the retail and marina precinct located on the Southport Spit near Marina Mirage and Palazzo Versace, for $...

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Trio of neighbouring properties in West Melbourne sold for $60m

Trio of neighbouring properties in West Melbourne sold for $60m

2020欧洲杯备用网址 The sale of a West Melbourne office asset is the third in a trio of neighbouring properties to be sold by CBRE, signalling the ongoing confidence in Melbourne's commercial property market. The 383 Spencer Street property is the last of three neighbouring properties sold to high-profile owners and takes the total sales tally to approxi...

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Primewest adds two more shopping centres to its $300m "daily needs" trust

Primewest adds two more shopping centres to its $300m "daily needs" trust

2020欧洲杯备用网址 Property fund manager Primewest has added two shopping centres to its recently launched "daily needs" property trust today, both in New South Wales. The company has acquired two Woolworths-anchored centres from Charter Hall in Pemulwuy and West Ryde NSW, following its recent purchase of the Spring Farm Shopping Centre in the sou...

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Amazon Australia to construct robotic fulfilment centre in Sydney's West

Amazon Australia to construct robotic fulfilment centre in Sydney's West

2020欧洲杯备用网址 Amazon Australia has announced plans to open its first Amazon Robotics fulfilment centre at the Oakdale West Industrial Estate in Western Sydney, targeted for completion by late 2021. The state-of-the-art distribution centre is the latest landmark development for Brickworks (ASX: BKW) and Goodman Group's (ASX: GMG) joint venture at th...

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Two Kaufland properties sold to Woolworths, Aventus

Two Kaufland properties sold to Woolworths, Aventus

2020欧洲杯备用网址 ASX-listed companies are picking up some of the first pieces from the surprise exit of German retailer Kaufland earlier this year, with two of the group's nine sites now sold. Schwarz Group-owned Kaufland reportedly spent $500 million on its now abandoned Australian foray, but a small percentage of that has been regained through the s...

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$220 million Geelong civic project greenlit

$220 million Geelong civic project greenlit

2020欧洲杯备用网址 A $220 million revitalisation project for Geelong has been greenlit today by the Victorian Minister for Planning Richard Wynne. The project, designed by Cox Architecture, will include a new centralised head office for the City of Greater Geelong, a separate building owned and managed by Quintessential Equity, and a 2,600sqm public precinc...

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Atlassian Sydney HQ will be world's tallest hybrid timber tower

Atlassian Sydney HQ will be world's tallest hybrid timber tower

Software giant Atlassian aims to "turbo-charge" Australia's tech economy with the help of a new architecturally progressive precinct at Central Station in Sydney. The NYSE-listed company unveiled plans today for its new headquarters to become the world's tallest hybrid timber building, concocted by the same architecture ...

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Dexus to sell Sydney CBD property for $530m

Dexus to sell Sydney CBD property for $530m

Property trust Dexus (ASX: DXS) has today announced a deal to sell a Sydney office tower to Singapore-based Peakstone for $530 million, with proceeds initially to be used to pay down debt.  The announcement involving conditionally exchanged contracts for 45 Clarence St comes on the same day as a $195 million drop in the value of...

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Mirvac retail property value drops $349m

Mirvac retail property value drops $349m

2020欧洲杯备用网址 The impacts of social distancing requirements due to COVID-19 have taken their toll on real estate group Mirvac (ASX: MGR), slashing the value of its retail property portfolio by $349 million. The preliminary unaudited devaluation represents a 9.9 per cent drop for the group's second-largest property asset class.  In contrast...

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Primewest to begin Stage 2 of $100m Joondalup master plan

Primewest to begin Stage 2 of $100m Joondalup master plan

Property fund manager Primewest (ASX: PWG) is going ahead with the second stage of its $100 million master plan for the City of Joondalup north of Perth. After completing a 10,000 square metre Stage 1 office building early last year, Primewest has now unveiled plans for a 12,000 square metre office building and associated p...

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Melbourne office tower anchored by Domain settles for $50 million

Melbourne office tower anchored by Domain settles for $50 million

2020欧洲杯备用网址 Property portal Domain will anchor a freshly settled $50 million office building in Cremorne, Melbourne. The newly built office tower at 600 Church Street was purchased off-the-plan in 2018 by fund manager Bayley Stuart Capital for $50 million and settled today by ICON Developments. The tower is currently 80 per cent leased and will w...

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