Today
‘Private AI’ surge powers Equinix’s $240m data centre expansion
The surge in AI use adds to existing drivers for data centre demand, including cloud computing and increasing consumption of streaming services and social media.
- 1 hr ago
- Nick Lenaghan
Yesterday
Super funds fall short on unlisted asset valuations: APRA
Super funds are not revaluing their $650 billion unlisted asset portfolios enough, potentially hitting the prices paid by customers and their returns, APRA has warned.
- Hannah Wootton
- Exclusive
- Office
Mirvac set to sell two office towers at discounts of more than 20pc
Pricing for the latest deals on the office towers in Sydney and Melbourne – worth close to half-a-billion dollars in total - shows just how far values have fallen.
- Campbell Kwan and Nick Lenaghan
Poor energy-efficient properties becoming stranded in Europe
More than half of 250 European commercial real estate portfolio managers surveyed acknowledge that more than 30 per cent of their assets are stranded.
- Frances Schwartzkopff
This Month
Buyers snap up ageing and empty office buildings for deep discounts
Bargain hunting in the US office sector might just be the tip of the iceberg, more a sign of quick deal-making than an indication that prices have hit rock bottom.
- Matthew Goldstein
- Exclusive
- Industrial
More cold sheds needed to supply veg and meds
Australia will have to ramp up its construction of cold storage sheds to service the food supply needs of our booming population, says CBRE.
- Larry Schlesinger
German billionaire bags $17m cattle farm, Chinese tycoon into cotton
Cathrina Claas-Muehlhaeuser has bought Tuwinga in the NSW Liverpool plains, while investor Jacky Cheung has emerged as the buyer of a big NSW cotton farm.
- Larry Schlesinger
- Opinion
- Private equity
Why things are looking up for private markets and dealmaking
Turmoil and uncertainty are a constant in asset management. But things are starting to turn for deal makers as money is finally being put to work.
- Katrina King
- Opinion
- Property Observed
‘Eyes wide open’: How to ride the private credit boom
Private credit for commercial real estate has never been stronger. It’s also running into trouble. “All of us need to be eyes wide open and alert. It is real estate and it is credit. Let’s not misprice the risks.”
- Robert Harley
Restaurateur Chris Lucas to bring midas touch to $1b Cbus office tower
The property group is collaborating with the Melbourne restaurant king on the design of the hospitality precinct below its $1billion office tower at 435 Bourke St.
- Larry Schlesinger
Ultra-wealthy are betting on San Francisco’s comeback
Forget the gloomy forecasts of a doom loop. Powered by an AI boom and rebounding real estate demand, the city has halted population decline and is adding jobs.
- Karen Breslau and John Gittelsohn
- Opinion
- Property investment
How the ultra-wealthy are preparing for a property uptick
When Rich Listers hit go on commercial real estate projects, it’ll be a sign that we’re close to a market turnaround.
- Sam Tamblyn
Shaun Bonett’s Prezzee has a costly run-in with Amazon
The gift card payments group controlled by the billionaire has had to stop selling the popular vouchers in the US, undermining a key revenue stream.
- Primrose Riordan
ISPT to raise $250m for big push into small malls
ISPT head of funds management Matthew Brown says recent transactions have given the platform confidence that values are near the bottom of the cycle.
- Larry Schlesinger
Restaurants and pickleball in, bookstores out: shopping centres rebound
Shopping malls that survived the purge signed up tenants that would draw more shoppers and give them more reason to linger.
- Joe Gose
Great opportunity in hotels, but build-to-rent a ‘catchy title’: Pridham
Andrew Pridham says early in the recovery cycle is when you want to be buying alternative assets like accommodation and pubs, but returns are too low in build-to-rent.
- Larry Schlesinger
- Exclusive
- Retail property
Region Group ends two-year drought with $74m mall deal
The country’s biggest owner of suburban malls has made its first acquisition in two years after buying Canberra’s Cooleman Court centre from Mirvac.
- Larry Schlesinger
Lendlease taps interest for $1.8b ‘tallest’ timber tower in Sydney
The global developer is moving swiftly on its radical restructure. Chief Tony Lombardo has fronted investors with plans for the world’s tallest hybrid tower.
- Nick Lenaghan and Hannah Wootton
Global banks start targeting a new breed of real estate risk
At issue are the carbon emissions of buildings and the expected cost of upgrades needed to stay on the right side of new green regulations.
- Frances Schwartzkopff and Gautam Naik
Billions in CBD office tower sales to test valuations
The slew of assets being offered off-market comes as listed property giants gain confidence that the office sector disruption is finally bottoming out.
- Campbell Kwan
