Core Property | Weekly Industry Updates

Listed Property Trading Metrics

The latest results from listed A-REITs has provided signs that the commercial property market is near a bottom in the property cycle. Some of the key indicators and drivers..

17 Mar 2025

Full Story

Core Property announces the 2024 Property Fund Manager Awards

21 October 2024: Core Property Research have announced the annual Property Fund Manager Awards for 2024. The awards are a recognition of performance and excellence by property..

21 Oct 2024

Full Story

Listed Property Trading Metrics

Core Property has updated the latest trading metrics of key property securities in the Australian market. Activity across the property sector has built up momentum in the second..

28 May 2024

Full Story

April 2024 trading metrics

Core Property has released our latest Trading Metrics Report, which has been updated to include the results from 35 ASX-listed property securites following the..

10 Apr 2024

Full Story

2023 Market Performance

The listed property sector delivered an impressive return of 17.6% for 2023, outperforming the broader S&P/ASX 200 index which delivered a total return of 12.4%. The result..

01 Jan 2024

Full Story

Latest Trading Metrics for Listed Property Securities

Core Property has released our latest Trading Metrics Report, which has been updated to include the results from 34 ASX-listed property securites following the August..

11 Sep 2023

Full Story

April 2023 trading metrics

Core Property's Trading Metrics report provides a review of what is happening in the listed property sector with key trading metrics. Some of the key points in the report..

11 Apr 2023

Full Story

December 2022 performance metrics

The listed A-REITs delivered a weak performance in the 12 months to 31 December 2022. The S&P/ASX 200 A-REIT Accumulation Index delivered a -20.5% total return for the 12..

13 Jan 2023

Full Story

Listed A-REITs Metrics - October 2022

We have reviewed some key trading metrics to see how the listed property securities are performing on a sector-by-sector basis, based on closing prices at 19 October 2022. Some..

20 Oct 2022

Full Story

Listed A-REITs forecast lower earnings due to interest rates

Core Property has reviewed the results from property securities which reported in Week 1 of the August 2022 reporting season. During the week of Monday 1 August – Friday 5..

08 Aug 2022

Full Story

June 2022 performance metrics

The listed A-REITs delivered a weak performance in the 6 months to 30 June 2022. The S&P/ASX 200 A-REIT Accumulation Index delivered a -23.5% total return for the 6-month..

12 Jul 2022

Full Story

Listed A-REITs Trading Metrics - April 2022

We have reviewed some key trading metrics to see how the listed property securities are performing on a sector-by-sector basis. Some of the key findings are summarised below:The..

06 Apr 2022

Full Story

A-REITs outperform in 2021

Listed A-REITs staged a strong comeback in 2021, with the S&P/ASX 200 A-REIT Accumulation Index delivering a total return of 26.1% for the year. A-REITs also..

11 Jan 2022

Full Story

Update on Australian Unity proposed merger

The proposed merger of the Australian Unity Diversified Property Fund (“DPF”) with the Australian Unity Office Fund (ASX: AOF) has been deferred until early..

06 Dec 2021

Full Story

Australian Unity Diversified Property Fund proposed merger

6 December 2021 Update: The vote on the proposed merger has been deferred until early February 2021. The Manager is expected to provide an update to unitholders in..

30 Nov 2021

Full Story

Reporting Season results

During August 2021, the listed property securities reported their results for the June 2021 period. The majority reported full year results for the 12-months period to 30 June..

13 Sep 2021

Full Story

A-REITs Reporting Calendar - August 2021

During August 2021, the listed property securities will be reporting their results for the June 2021 period. The majority will be reporting their full year results for the 12..

02 Aug 2021

Full Story

Valuation expectations for June 2021

Valuation expectations for June 2021 A number of listed REITs have announced valuation movements for the June 2021 period, with indications that overall valuations will remain..

21 Jun 2021

Full Story

Total returns for A-REITs in 2020

A-REIT’s wild ride in 2020 The listed A-REIT sector underperformed against the broader market during 2020, impacted by the uncertainty of COVID-19 on rent collections. The..

01 Feb 2021

Full Story

From the umbra to the penumbra of COVID-19

It has been a calamitous eight months globally since the onset of the pandemic with just about every country facing severe headwinds. Nations across continents have responded in..

24 Nov 2020

Full Story

August 2020 Reporting Season: Yielding to the pressure

The listed property securities have confirmed their distributions for the period ending 30 June 2020 (apart from GPT Group, which will confirm distributions as part of its..

31 Jul 2020

Full Story

Explaining the mismatch

Investment markets have been on a rollercoaster ride following the outbreak of the COVID-19 virus. The S&P/ASX200 in Australia reached its 12-month peak on 20 February 2020..

09 Jun 2020

Full Story

Vicinity’s capital raising highlights risk to retail valuations

Over the past two months, the listed A-REIT’s have announced $2.8 billion of capital raisings to support their balance sheets as the early effects of the COVID19 pandemic..

03 Jun 2020

Full Story

Looking for the new normal

The spread of the Coronavirus (COVID-19) has significantly impacted ASX listed securities over the past few months. From its peak on 20 February, the ASX listed market has..

07 Apr 2020

Full Story

First week of A-REIT reporting season throws a few surprises

In the first week of February 2020, listed A-REITs commenced reporting their latest results which were mostly in line with, or above previous guidance. The two main points..

07 Feb 2020

Full Story

Fortius buys, A-REITs continue to announce quarterly updates

Fortius Fund Management has acquired Cammeray Square Centre, for $39.05M. The property of 6,815sqm is anchored by a refurbished Harris Farm Markets, 15 specialty retailers, a 1..

04 Nov 2019

Full Story

Quarterly updates from Listed A-REITs

During the week quarterly updates were announced from Stockland (ASX: SGP), Vicinity Centres (ASX: VCX), Dexus (ASX: DXS) and Mirvac (ASX: MGR).SGP announced results slightly..

28 Oct 2019

Full Story

Primewest and Elanor looking to ASX listing

Following the successful listing of Home Consortium (ASX: HMC) on the 14 October 2019, Primewest and Elanor Investors have announced proposed new ASX listings.Primewest released..

21 Oct 2019

Full Story

Home Consortium lists, Investec busy acquiring and selling

Home Consortium (ASX: HMC) listed on the ASX on 14 October 2019. HMC consists of 30 large format retail centres valued at $925M which were purchased from the former Masters..

14 Oct 2019

Full Story

GARDA busy with acquiring, raising and internalising

GARDA Diversified Property Fund (ASX: GDF) announced three significant transactions; including an acquisition, an equity raising and an internalisation proposal.GDF announced the..

30 Sep 2019

Full Story

Lowy Family Group backs new property fund

The Lowy Family Group, the private company of Sir Frank Lowy and his sons David, Peter and Steven, has injected $75M as the cornerstone investor from new fund manager Assembly..

16 Sep 2019

Full Story

Centuria wins healthcare mandate for $500M

Centuria Capital Group (ASX: CNI) continues to grow its funds management opportunities with the announcement of a new $500M institutional mandate for healthcare properties. The..

09 Sep 2019

Full Story

AOF to proceed with takeover from Charter Hall and Abacus

The Australian Unity Office Fund (ASX: AOF) looks set to be acquired by CHAB Office Trust, following the release of a Scheme Implementation Agreement (SIA) to proceed with the..

02 Sep 2019

Full Story

Cromwell set to acquire 400 George St, Brisbane for $525M

Following its recent $407.5M capital raising, Cromwell Property Group (ASX: CMW) has exchanged contracts to acquire 400 George Street, Brisbane, an A-grade office tower for $524..

26 Aug 2019

Full Story

Charter Hall buys into Telstra exchanges

Amidst Charter Hall Group’s (ASX: CHC) recent acquisition spree, CHC has announced a new managed partnership where CHC will acquire 49% interest in a Telstra Exchange..

19 Aug 2019

Full Story

Charter Hall keeps buying in Sydney, August reporting season begins

Charter Hall Group (ASX: CHC) continues to grow with the announcement of two major acquisitions that will bolster its funds under management (FUM) by over $2.2 billion.Firstly..

12 Aug 2019

Full Story

Charter Hall looking to add to its industrial portfolio

Amidst increasing attention in the industrial sector, Charter Hall is looking to acquire the Crestmead Distribution Centre in Queensland. The property is occupied by Metcash as a..

05 Aug 2019

Full Story

Abacus raising $275M for strategic opportunities

Abacus Property Group (ASX: ABP) has announced a capital raising of $275M through a 100% underwritten institutional placement of $250M and a non-underwritten security purchase..

29 Jul 2019

Full Story

Centuria acquires again in Adelaide

Centuria Capital Group (ASX: CNI) has acquired 100% interest in an A-grade office and carpark property in Adelaide’s core CBD precinct from Lendlease’s Australian..

22 Jul 2019

Full Story

Charter Hall moves on Telstra HQ in Melbourne

Charter Hall Group (ASX: CHC) has formed a partnership with Charter Hall Prime Office Fund (CPOF) and the Public Sector Pension Investment Board (PSP Investments) to acquire a..

15 Jul 2019

Full Story

AOF receives higher offer

Australian Unity Office Fund (ASX: AOF) has received a higher indicative takeover offer of $3.04 per unit from CHAB Office Trust, the joint venture between Abacus Property Group ..

08 Jul 2019

Full Story

Scentre Group disposes of Sydney CBD towers

Scentre Group (ASX: SCG) announced the sale of its Sydney CBD office towers to Blackstone for $1.52B. The office towers, located at 100 Market St and 77 & 85 Castlereagh St..

01 Jul 2019

Full Story

GPT undertakes $800M capital raising

The A-REIT sector remains active with GPT Group (ASX: GPT) announcing an $850M capital raising to increase its holding in the office towers at Darling Park 1 & 2 in Cockle..

24 Jun 2019

Full Story

ESR and Frasers to develop Nissan HQ site

Asia based logistics and real estate platform, ESR has partnered up with Frasers Property Australia in a 50:50 Joint Venture. This partnership will see Frasers Property to..

17 Jun 2019

Full Story

Aus Unity Office Fund under takeover, RBA cuts cash rate

The Australian Unity Office Fund (ASX: AOF) has received an unsolicited, indicative non- binding all cash takeover offer for all its securities at a price of $2.95 per security..

10 Jun 2019

Full Story

Mirvac raising $825M for continued growth

Mirvac (ASX: MGR) is undertaking a $825M capital raising in order to fund its continued growth. Capitalising on a strong share price, MGR announced that it has raised 90% ($750M)..

03 Jun 2019

Full Story

Centuria buys into Heathley

Centuria looks to continue its strong growth with the announcement that it will take a majority interest in the Heathley property funds management platform. The acquisition is..

27 May 2019

Full Story

Perron buys into Westfield Burwood; Industrial properties in high demand

Scentre Group (ASX: SCG) announced that it will sell a 50% interest in its Westfield Burwood Shopping Centre in NSW to Perron Group for $575M. Perron Group is a privately-owned..

20 May 2019

Full Story

Retail site at 130 Queen St, Brisbane to be sold by Smorgon family

Marquette Properties are expected to acquire prime Brisbane retail property at 130 Queen Street, Brisbane from the Smorgon family. Currently in exclusive due diligence, this..

13 May 2019

Full Story

Dexus acquires 80 Collins for $1.476 billion

Dexus (ASX: DXS) announced it will acquire the 80 Collins St precinct in Melbourne for $1.476B from QIC Global Real Estate. DXS will own 75% with the unlisted Dexus Wholesale..

06 May 2019

Full Story

Cromwell walks away from RDI takeover

Cromwell Property Group (ASX: CMW) has walked away from its planned takeover of UK based RDI REIT PLC. Cromwell had previously announced that it was in talks to acquire RDI and..

29 Apr 2019

Full Story

Bakehouse Quarter sells for $380M

BlackWall Limited (ASX: BWR) announced it has settled the sale of Bakehouse Quarter in North Strathfield NSW to Yuhu Group for $380M. After striking a deal to sell the site two..

22 Apr 2019

Full Story

Elanor enters strategic partnership with Rockworth

Elanor Investors Group (ASX: ENN) announced that it has entered a strategic partnership with Singaporean based group, Rockworth Capital Partners. Rockworth is now the largest..

15 Apr 2019

Full Story

Adelaide’s Westfield Marion up for sale

Lendlease is looking to sell its 50% stake in Westfield Marion, in Adelaide SA. The super-regional centre, which is co-owned by the Lendlease Australian Prime Property Fund..

08 Apr 2019

Full Story

Charter Hall Retail REIT acquires Rockdale Plaza for $142M

Charter Hall Retail REIT (ASX: CQR) announced the acquisition of Rockdale Plaza for $142M reflecting a cap rate of 6.25%. The convenience plus asset continues to underpin CQR..

01 Apr 2019

Full Story

PropertyLink delists following ESR takeover

Propertylink Group (ASX: PLG) was suspended and delisted from the ASX on 21 March 2019 as a result of its acquisition by ESR Real Estate (Australia). The delisting follows ESR..

25 Mar 2019

Full Story

Dexus takes control of the MLC Centre

GPT Group (ASX: GPT) has announced the sale of its 50% stake in the MLC Centre in Sydney NSW to its co-owner, Dexus, for $800M.Currently the ASX listed Dexus (ASX: DXS) owns 25..

18 Mar 2019

Full Story

Office market heading for a busy few months

Whilst there has been a lot of noise regarding the residential property market, the commercial property sector is heading for a busy fourth quarter with many transactions..

11 Mar 2019

Full Story

Primewest remains active in the Perth office market

Primewest continues to place their bets on the Perth Office market, with the acquisition of an $86M office building from US giant, Blackstone. The tower was initially purchased..

04 Mar 2019

Full Story

ESR moves closer to acquiring Propertylink

ESR Real Estate looks well placed to complete its takeover of Propertylink Group (ASX: PLG) having announced today that it has received acceptances for 80.19% of securities under..

25 Feb 2019

Full Story

Week two of earnings season

With earnings season well underway, the second week of earnings provided mixed results across the multiple property sectors. The companies that reported this week were GPT, CLW..

18 Feb 2019

Full Story

Centuria looking to sell the Zenith in Chatswood

Centuria has announced its intention to place the Zenith, at 821 Pacific Highway Chatswood NSW on the market with price expectations of over $400M. The property consists of two A..

11 Feb 2019

Full Story

AMP consolidates at the Connect Corporate Centre

AMP’s unlisted property fund, the AMP Capital Wholesale Australian Property Fund has entered into binding agreements with the Goodman Group (ASX: GMG) to acquire Stage 3 of..

04 Feb 2019

Full Story

Vicinity valuations fall by $37M

Vicinity Centres (ASX: VCX) announced revaluations on 38 of its 62 directly owned retail properties as at 31 December 2018. The overall portfolio is expected to decline by $37M..

29 Jan 2019

Full Story

Charter Hall continues to expand its office portfolio

Charter Hall announced the acquisition of two prominent Sydney office buildings, 10 and 12 Shelley St, in Sydney’s King Street Wharf precinct, for $804M from Canadian..

21 Jan 2019

Full Story

REITs prepare for reporting season

Welcome to our first weekly update for 2019. The S&P/ASX200 property sector closed the year out with a -2.11% return for the 12 months to December 2018, which was ahead of..

14 Jan 2019

Full Story

Frasers Property to purchase Stockland’s The Grove

Stockland Group (ASX: SGP) have announced an update on the sale of The Grove Estate. Still in the due diligence stage, Frasers Property Australia is expected to purchase the 167-..

17 Dec 2018

Full Story

Charter Hall to expand into agriculture

Charter Hall Long WALE REIT (ASX: CLW) have announced the expansion of their industrial portfolio into chicken farms. The portfolio of 27 agri-logistic assets were acquired for..

10 Dec 2018

Full Story

GIC invests in Dexus’ $2 billion industrial fund

Dexus has announced that it will partner with Singaporean sovereign wealth fund GIC to create a $2 billion unlisted logistics property trust. The Dexus Australian Logistics Trust..

03 Dec 2018

Full Story

Heathley postpones ASX listing

ASX listing for Heathley Healthcare REIT to be put on ice.In a surprise announcement Heathley Asset Management has advised that it has pushed back plans to list a $528M portfolio..

26 Nov 2018

Full Story

Qualitas and Heathley set for ASX listings

Qualitas and Heathley are set to debut on the ASX before year end, with a high yielding debt fund and a healthcare REIT.Qualitas has raised around $230M for what will become..

19 Nov 2018

Full Story

Charter Hall Direct Office Fund acquires QIC’s Mary St tower

Charter Hall continues to tap the Brisbane CBD office market amidst a recovery in occupancy levels. The latest transaction sees Charter Hall’s Direct Office Fund (DOF) as..

12 Nov 2018

Full Story

Cromwell adds to its European portfolio

Real estate investor and manager Cromwell Property Group (ASX: CMW) has extended its exposure within the European commercial property market, supporting acquisitions made by its..

05 Nov 2018

Full Story

Stockland and Mirvac place land sites for sale

The current weakness in the residential property market appears to have impacted Stockland and Mirvac, who have looking to sell major land holdings in Melbourne and Sydney..

29 Oct 2018

Full Story

ESR revises offer for Propertylink

The three-way battle between Propertylink, Centuria and ESR appears to be coming to a close following ESR’s increased takeover offer for Propertylink. Pan-logistics player,..

22 Oct 2018

Full Story

Centuria acquires Hines office properties

Centuria Metropolitan REIT (ASX: CMA) continues to grow with the acquisition of four office properties from Hines Global REIT, a US based global property manager.The properties..

15 Oct 2018

Full Story

Acquisition activity heats up in the listed sector

Acquisition activity in the listed sector has been strong in the past week with deals announced by SCA Property Group (ASX: SCP), Australian Unity Office Fund (ASX: AOF) and Asia..

08 Oct 2018

Full Story

GPT and ISPT list prime retail assets

A number of retail centres in Melbourne, VIC have been placed on the market in the past week. Despite mixed sentiment in the Australian retail market, FY2018 was a record year..

01 Oct 2018

Full Story

Propertylink receives proposal from ESR

The takeover battle between Propertylink (ASX: PLG) and Centuria Industrial REIT (ASX: CIP) intensified over the past week with the emergence of a third player, ESR Real Estate..

24 Sep 2018

Full Story

Propertylink bids for Centuria Industrial

In the past week PLG acquired a 12.3% stake in CIP at $2.99 per unit, before launching a takeover offer for CIP pitched at around $3.04 per unit, valuing CIP at $755M.The offer..

17 Sep 2018

Full Story

Blackstone continues to lead in the race for IOF

The bidding war for Investa Office Fund (ASX: IOF)has heated up in the past week with a new offer of $5.52 per unit being offered by Blackstone Group. The higher price was..

10 Sep 2018

Full Story

Chifley, Collins St and 61 Mary St hit the market

A number of key office towers in Sydney, Melbourne and Brisbane have been placed on the market in the past week. The offerings come off the back of a very strong office market in..

03 Sep 2018

Full Story

Blackstone sweetens offer for IOF and wins support

The battle to acquire Investa Office Fund (ASX: IOF) looks close to finalisation with Blackstone increasing it’s takeover offer for IOF to $5.3485 per unit (being $5.45..

27 Aug 2018

Full Story

Battle for Investa Office Fund gets messy

The battle for control of Investa Office Fund (ASX: IOF) has taken a new turn with major securityholder Investa Commercial Property Fund (ICPF) indicating that it intends to vote..

20 Aug 2018

Full Story

August reporting season kicks off

The August 2018 reporting season has kicked off with a number of results released in the property sector. Core Property has reviewed the initial set of results in our report..

13 Aug 2018

Full Story

Healthcare REITs continue to attract capital

Healthcare REITs continue to attract strong demand and capital, with news that Canada’s NorthWest Healthcare Properties REIT is looking to establish a $2.0 billion..

06 Aug 2018

Full Story

Charter Hall plans major development in Brisbane

Charter Hall Group (ASX: CHC) has announced the acquisition of three Brisbane CBD office assets for $94.0M which will form the basis of a new major development. The adjacent..

30 Jul 2018

Full Story

Mirvac puts a stamp on the Brisbane office market

Mirvac Group (ASX: MGR) has increased its presence in the Brisbane office market with the announcement that it has secured Suncorp Group (ASX: SUN) as the key tenant for its..

23 Jul 2018

Full Story

Scentre Group buys into Eastgardens with development potential

Scentre Group (ASX: SCG) announced that it will pay $720M to acquire a 50% stake in Westfields Eastgardens, NSW, highlighting the ongoing demand for top performing retail..

16 Jul 2018

Full Story

Perth office market to benefit from Westralia Square valuation

The Perth CBD office market looks set to benefit from a strong 17.9% increase in valuation at the Westralia Square office tower located 141 St Georges Terrace, Perth WA. Owners..

09 Jul 2018

Full Story

Will Blackstone increase its bid for IOF?

The recent Blackstone bid for Investa Office Fund (ASX: IOF) is looking to come under fire as updated valuations, released in the past week, suggest a 10.7% increase in the NTA..

02 Jul 2018

Full Story

June valuations benefit DXS, AOF and PLG

In the past week, a number of ASX listed securities announced valuation updates for June 2018, with gains coming through from continued capitalisation rate compression.Dexus (ASX..

25 Jun 2018

Full Story

Elanor buys WorkZone West from Charter Hall

Elanor Investors Group has announced that it will purchase the A-grade WorkZone West commercial property at 202 Pier St, Perth WA for $125.25M from the Charter Hall Direct..

18 Jun 2018

Full Story

Mirvac moves on 275 Kent Street Sydney

Mirvac Group (ASX: MGR) has taken control of the Westpac headquarters at 275 Kent Street Sydney, highlighting the strength of the Sydney CBD office market. Mirvac has acquired..

11 Jun 2018

Full Story

Vicinity to sell $1.0 billion of retail centres

Retail property continues to headline the market, with the announcement that Vicinity Centres (ASX: VCX) intends to sell up to $1.0B of Sub Regional and Neighbourhood shopping..

04 Jun 2018

Full Story

Investa Office gets bid from Blackstone, Westfield gets yes vote

It’s been an active week for transactions with news today that Investa Office Fund (ASX:IOF) has received a takeover offer from Blackstone priced at $5.25 per unit, a 13..

28 May 2018

Full Story

Charter Hall buying and selling, Westfield gets ready to vote

Charter Hall continues to remain active with a number of transactions announced in the past week, including the purchase of 343 Albert St, Brisbane QLD for $108M on behalf of the..

21 May 2018

Full Story

Zone Q continues to buy, with 55 Clarence St acquisition

Chinese developer and investor Zone Q has announced the acquisition of 55 Clarence Street, Sydney NSW for $255M. The B-grade office building is being purchased from investment..

14 May 2018

Full Story

March quarter updates from Listed A-REIT’s

During the week, a number of listed A-REIT’s provided March quarter operating updates, including Mirvac Group (ASX: MGR), Centuria Metropolitan REIT (ASX: CMA), Centuria..

30 Apr 2018

Full Story

Data is the new black

The data centre market in Australia continues to see strong growth with a new wave of supply to meet increasing demand. In the past week, NextDC (ASX: NXT) announced a $281M..

23 Apr 2018

Full Story

Arcadia increases its stake in World Square

In the past week the commercial property market continued to see strong prices being paid for strategic acquisitions. Property fund manager Arcadia acquired a 50% share in the A..

03 Apr 2018

Full Story

Coles Clayton Vic sells for a record 2.57% yield

The first Victorian supermarket offered for sale in 2018 has sold for a record yield of 2.57%. The freestanding Coles at 1389 Centre Rd, Clayton Vic was sold for $17.11M to a..

26 Mar 2018

Full Story

Blackstone selling Adelaide, Charter Hall buying Allianz tower

The battle begins for a prime A-grade office building in the heart of Adelaide.During the week, US private equity and property manager Blackstone announced it is placing 80..

19 Mar 2018

Full Story

Caltex considering selling its petrol stations

During the week Caltex announced it is looking at options for its property assets, which may include a potential ASX listing or trade sale. At it’s full year results..

05 Mar 2018

Full Story

A big week for listed A-REITs

It has been a big week for listed A-REITs as the February reporting season draws to an end, and a batch of results were released. Whilst most A-RETIs maintained their guidance..

26 Feb 2018

Full Story

Asia Pacific Data Centres gets offer for $280M7

The ongoing battle for Asia Pacific Data Centre Group (ASX: AJD) looks likely to reaching a close with AJD finding a potential buyer for the portfolio. AJD announced it has..

19 Feb 2018

Full Story

Reporting season continues, Wollongong Central for sale

In the past week, SCA Property Group (ASX: SCP), Australia Unity Office Fund (ASX: AOF), Centuria Industrial REIT (ASX: CIP), Centuria Metropolitan REIT (ASX: CMA) and Mirvac..

12 Feb 2018

Full Story

Wanda sells, A-REIT reporting season begins

Chinese multinational Dalian Wanda has sold their two development projects in Australia for a combined price of $1.13 billion. The two-tower luxury hotel and apartment..

05 Feb 2018

Full Story

Pro-invest raises $500M for hotels

Pro-invest Group’s has launched its Australian Hospitality Opportunity Fund with a $500M capital raising to support hotel developments and acquisitions. The Fund is the..

22 Jan 2018

Full Story

Centuria continues to acquire in 2018

Welcome to Core Property’s first Weekly newsletter for 2018. We would like to wish our readers a wonderful and prosperous 2018 and look forward to keeping you informed on..

15 Jan 2018

Full Story

Centuria acquires two NSW metropolitan office assets

Centuria Metropolitan REIT (ASX: CMA) has announced the successful acquisitions of two NSW metropolitan office assets for $119.1M. A 100% freehold interest in 77 Market St..

11 Dec 2017

Full Story

Cromwell’s European REIT lists in Singapore

Cromwell Property Group (ASX: CMW) announced that it has successfully listed its Cromwell European Real Estate Investment Trust (CEREIT) on the Singapore Stock Exchange, after..

04 Dec 2017

Full Story

Charter Hall and Folkestone acquisitions for unlisted funds

This week, both Charter Hall and Folkestone announced acquisitions for their unlisted property funds.Charter Hall will acquire 44 Sydney Avenue, Forrest ACT, a 9,950 sqm office..

27 Nov 2017

Full Story

Record office yield for 20 Hunter St Sydney

The Australian office market continues to see record prices being set from sales to overseas investors. In the past week, TH Real Estate announced it had sold 20 Hunter St..

20 Nov 2017

Full Story

Vicinity swaps Chatswood for Sydney, Chester Hill sells on a 3.78% yield

Listed A-REITsVicinity Centres (ASX: VCX) has entered an asset swap whereby it will sell a 49% interest in Chatswood Chase, Sydney in exchange for a 50% interest in 3 of GIC..

13 Nov 2017

Full Story

Office market continues to attract interest

Listed A-REITSInvesta Office Fund (ASX: IOF) signed a non-binding Heads of Agreement with ANZ Wealth for a proposed lease renewal at 347 Kent St, Sydney NSW for five years from..

06 Nov 2017

Full Story

Australian Unity raises $250M for 30 October 2017 healthcare fund in 2 days

Listed A-REITsA number of A-REITs provided updates to the market at their Annual General Meetings over the past week, including Industria REIT (ASX: IDR), Stockland Group (ASX..

30 Oct 2017

Full Story

Core Property’s Annual Forum, GDI and 23 October 2017 IKEA Perth, Centuria increases

Core Property held its Property Funds Industry Forum 2017 at Noosa Heads, Qld from 15-17 October 2017. The theme of the conference was “Waves of change, oceans of..

23 Oct 2017

Full Story

Accor goes after its Mantra

Listed A-REITsThe Directors of Mantra Group (ASX: MTR) have unanimously supported a $1.2B takeover offer by Accor Hotels. The offer at $3.96 cash per share represents a 22.6..

16 Oct 2017

Full Story

New player for Propertylink, Cromwell 9 October 2017 withdraws from Investa

Listed A-REITsCromwell Property Group (ASX: CMW) has withdrawn from its planned takeover of Investa Office Fund (ASX: IOF) by announcing the sale of its 9.83% stake to Investa..

09 Oct 2017

Full Story

The battle for Propertylink, Centuria triples 2 October 2017 on Spring St property

Listed A-REITsPropertylink Group (ASX: PLG) announced that its Board has rejected a proposed takeover offer from Centuria (ASX: CNI, CIP, CMA) largely on the basis that it..

02 Oct 2017

Full Story

Data centres and healthcare deals

The takeover saga for Asia Pacific Data Centres (ASX: AJD) continues with current tenants NEXTDC (ASX: NXT) announcing that its proposal at $1.87 per unit has lapsed. NXT has so..

25 Sep 2017

Full Story

Acquisition activity heats up in A-REITs

Acquisition activity was strong in the listed A-REIT space with 360 Capital (ASX Code: TGP) confirming its latest $1.95 per unit cash bid in its ongoing negotiations to acquire..

18 Sep 2017

Full Story

APIL Industrial Fund No.1 continues to grow

The APIL Industrial Fund No.1 continues to grow, with the acquisition of its fourth asset, an industrial property located at 30 Brickworks Place, Darra QLD for $9.2M. The..

14 Jul 2020

Full Story

Heathley adds to its portfolio of medical centres

During the week a number of property acquisitions were announced in the healthcare/medical sector with Heathley Asset Management acquiring $135M across three sites in Queensland...

29 Jan 2018

Full Story

Westfield’s deal of a lifetime

Westfield Corporation (ASX: WFD) has announced it has reached an agreement with European listed giants Unibail-Rodamco SE (EURONEXT: UL) for the sale of WFD for $32.8B. Westfield..

18 Dec 2017

Full Story

Retail sales pick up in March quarter

A pickup in retail sales was reported in the March quarter from a number of listed A- REITs. Some key Moving Annual Turnover (MAT) results reported (for comparable stores) for..

07 May 2018

Full Story

Retail property transactions heat up, AJD back on the market

Retail property continues to headline the property market with a number of deals and listings going through in the past week. Stockland Group (ASX: SGP) is looking to sell a 50..

12 Mar 2018

Full Story

Invesco acquires a stake in Grand Plaza shopping centre

Retail shopping centres continue to attract the attention of global fund managers.The latest transaction sees US fund manager Invesco acquiring a 50% stake in the Grand Plaza..

16 Apr 2018

Full Story

REST takes $900M stake in Quay Quarter

AMP Capital has announced the landmark Quay Quarter Tower in Circular Quay, Sydney has begun construction, with REST (the Retail Employees Superannuation Trust) acquiring a one..

09 Apr 2018

Full Story

Weekly News Template

Add text here. Ensure to justify.

01 Dec 2020

Full Story

Weekly Updates

MARKET DATA

Weekly Updates

MARKET DATA

Subscribe for free