This Month
Now is the time to buy commercial property, says this veteran analyst
Veteran real estate research analyst Sameer Chopra says population growth and the high cost of construction will lead to property values surging.
- Larry Schlesinger
- Exclusive
- Soft commodities
AWH lease renewal locks cotton, wool in shed for another 7 years
Transport access is key for the fibre handler, which accounts for 4 per cent of the REIT’s total portfolio.
- Michael Bleby
June
Macquarie joins rush into land lease sector after $2.9b raising
Macquarie Asset Management’s new global fund will invest in a land lease business on the East Coast alongside investments in logistics and rental housing
- Larry Schlesinger
- Exclusive
- Industrial relations
Pay dispute delays construction of 1600 homes
Industrial action by workers at poles and wires company Endeavour Energy is stalling the delivery of 1600 homes and $1.2 billion worth of warehouses in Sydney.
- Campbell Kwan and David Marin-Guzman
- Exclusive
- Commercial real estate
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
Why owner-occupiers beat investors for industrial property
There’s a soft rebound coming in sub-$40 million commercial property as rates ease, but different sectors face their own challenges.
- Michael Bleby
May
- Exclusive
- Commercial real estate
ISPT to put $250m of logistics sites on the market
The super fund investor is trying to turn around its flagship fund by selling three industrial sites. It plans to recycle that capital into larger sites.
- Campbell Kwan
Care A2 Plus lender applies to wind up baby formula minnow
Care A2 Plus faces the prospect of being wound up due to a long-running dispute with a lender who alleged the infant formula manufacturer defaulted on a $2.2 million loan.
- Max Mason and Carrie LaFrenz
Demand for housing and sheds to drive Frasers forward
Frasers’ booming Australian residential and industrial businesses will help drive profits at the Singaporean giant, after they fell at the half-year stage.
- Larry Schlesinger
Goodman warns on China as data centre push gathers speed
Occupancy across Goodman’s China portfolio was 93 per cent over the March quarter, compared with 98 per cent across its overall portfolio.
- Larry Schlesinger
Rest Super, Barings snaffle $780m Goodman industrial portfolio
The Australian super fund and US investment manager have acquired 12 properties in Sydney and Melbourne, leased to the likes of Amazon and Metcash.
- Larry Schlesinger
Americans went all-in on self-storage. That demand is suddenly cooling
One of the reasons for the drop in demand for self-storage units is that people aren’t relocating as much as they did during the pandemic.
- Martha C. White
April
- Exclusive
- Dexus
Batteries to power up warehouse pipeline as big as 40 MCGs
Dexus’ program to install batteries in all its new warehouses will cut its tenants’ energy bills by almost $100,000 a year and reduce their carbon emissions.
- Larry Schlesinger
The Barbie effect: Mattel expands into mega shed
DHL has relocated its Mattel warehouse to a site 20 per cent bigger as the toy maker looks to cater for rising demand for its products after the hit movie.
- Larry Schlesinger
Data centre builders fight infrastructure for heavy cranes
Demand for the heaviest type of crane has pushed up costs at twice the rate of ordinary commercial cranes. And there aren’t enough of them.
- Michael Bleby
AI boom drives $174m data centre deal on 3.6pc yield
Macquarie Technology Group will acquire the Intellicentre Campus at Macquarie Park from Singapore’s Keppel DC REIT as it looks to lift data storage capacity.
- Larry Schlesinger
Warehouse construction to surge again, but no oversupply fears
Warehouse completions fell by almost 1 million square metres last year, but the stabilisation of debt and construction costs will fuel a strong rebound.
- Larry Schlesinger and Michael Bleby
Hale Capital seeks $300m for ‘infill’ warehouse play
Fund manager Hale Capital is seeking $300m of fresh equity to fund a series of warehouse projects in the inner suburbs of Sydney and Melbourne.
- Larry Schlesinger
March
- Exclusive
- Commercial real estate
Cushman & Wakefield taps Noral Wild to lead, deepens alternatives push
The commercial agency’s appointment of a new CEO for Australia and New Zealand signals the trends in commercial property it is aiming to tap.
- Updated
- Michael Bleby
ESR and Frasers snap up $200m industrial site from Rich Listers
The two big industrial developers have joined forces to snap up a 64ha parcel of land in Cranbourne from the Tarascio family’s Salta Properties.
- Larry Schlesinger
