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Chinese walk from $1bn Grosvenor House deal | Shops in vogue with funds chasing bigger deals
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INVESTMENT
Chinese walk from $1bn Grosvenor Place deal
The Chinese sovereign fund is backing out of the biggest office deal since the pandemic struck, with implications beyond property.
BEN WILMOT
RETAIL
Shops in vogue with funds chasing bigger deals
Big shopping centre deals are firmly back on the agenda and the latest wave of deals signals that their values have avoided a deep plunge in the wake of the pandemic.
By BEN WILMOT
PROPERTY
Homes needed to slow Tasmania price surge
The regional shift popularised during the pandemic has put increased pressure on Tasmania’s housing market and caused both a price surge and tight rental markets.
By MACKENZIE SCOTT
DEVELOPMENT
Raptis opens up about tax affairs
Sunshine State developer Jim Raptis will fight moves by the Australian Tax Office that have led the Federal Court to allow the freezing of more than $83m worth of assets.
By LISA ALLEN
CARE
Expect lower returns from aged-care sector
Investors in the aged-care industry have to accept long-term lower returns as compliance costs rise, one of the industry’s most successful owners claims.
By JOHN STENSHOLT
PORTFOLIO
Dexus portfolio in hot demand
Dexus has attracted strong bidding on the $1.3bn office portfolio it put on the block in August with the four-strong collection of Sydney buildings likely to be split up.
By BEN WILMOT
PROPERTY
Socialite CEO swoops on $43m Toorak mansion
Businessman Sam Gance, the partner of Real Housewives of Melbourne star Janet Roach, has been revealed as the new owner of a record-setting mansion. | SEE INSIDE
By BEN WILMOT, MACKENZIE SCOTT
DEMOGRAPHICS
Megatrends shaping housing demand
It can help to view the grand sweep of history, to see where we’re going.
By BERNARD SALT
Charter Hall’s $100m industrial play
Charter Hall has tipped more than $100m into two industrial properties in Adelaide at yields of less than 5 per cent.
By GIUSEPPE TAURIELLO
Adelaide cancer centre sold for $93m
Vital Healthcare Property Trust has paid $93m for a specialist cancer centre in Adelaide, capping off a busy few days for its Canadian backer.
By GIUSEPPE TAURIELLO
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