Charter Hall's Prime Office Fund and Direct Office Fund have extended their joint venture with the exchange of contracts with Dexus Property to buy the office tower at 105 Phillip Street, Parramatta, Sydney for $229 million.
Carolyn Cummins is Commercial Property Editor for The Sydney Morning Herald.
G8 Education is tapping investors for $100 million through a fully underwritten institutional placement to fund growth opportunities and reduce debt.
Goodman Group has restructured its capital management with a reduction in gearing and amended banking covenants, the group has revealed.
Businessmen and long-time mates Geoff Dixon and John Singleton's Australian Pub Fund has sold the Kinselas hotel at Sydney's busy Taylor's Square.
Race for space is putting pressure on rents as banks, private health insurance services and beauty salons also vie for the limited tenancies.
Mixed-use developments are the new mainstay in the property sector.
Childcare centres are on an upward trajectory in the eyes of investors with more than $200 million worth of asset changing hands in the past year
D&B Duffy has sold a 395 sqm office at 104 Alexander Street, Crows Nest to LAK Investments P/L.
Billionaire property developer Bob Ell is understood to have swooped on a lucrative portfolio of six industrial assets in Western Sydney.
The boomtime at Parramatta has led to the offering of a residential development site in the Parramatta CBD.