Australia

Australian Unity rejects lower offer for Brisbane office tower
The Australian Unity Office Fund has knocked back a revised offer from Sumner Capital and Innovate RE

Japanese investors take majority stake in Investa's Sydney CBD project
The investments mark the first foray by the investors into Australia's studio living sector

Avid appoints former Development Victoria executive as Vic general manager
Penny Forrest joins after four years with the state property agency
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Popular Sydney beachside hostel trades at sharp yield
The property earns $1.25m a year and has an average occupancy rate of 79%

North Sydney residential tower project with harbour views valued at nearly $1bn
Developer Aland has unveiled plans for a North Sydney site it purchased for $240m in June

Institutional investor demand for cold storage heats up: Savills
With vacancy near zero, refrigerated warehousing is attracting strong interest from institutional investors, REITs and private equity firms

Sydney warehouse - colonial graveyard included - up for grabs
The Huntingwood property contains the graves of John and Catherine Woods, who died in 1882

Sydney pub buyer revealed, as Charter Hall retail CEO warns of undersupply
Pub sales continue to pick up as investors look to real estate with "fantastic cashflows"

Concord parcel trades at strong pricing amid fierce competition
An inner west Sydney council has offloaded surplus land – and it attracted a buying frenzy
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People
Schroders fund manager to depart
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Residential
Buyer surfaces for building opposite BAE’s sub hub
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Logistics
Senior agents launch logistics advisory firm
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Corporate
Q+A: Hollis CEO sets out European blueprint
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People
Singaporean investor hires MD for student accommodation business
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Retail
British Land buys £45m York shopping park
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Finance
Art Capital confirms partner hire to lead back leverage unit
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Data centres
Plans unveiled for Harlow data centre
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People
Addleshaw Goddard adds partner to London real estate team
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People
JLL names new head of Midlands
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People
Aberdeen’s head of living departs after 18 years
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Corporate
JLL sacks Australia boss Dan Kernaghan after 20 years with the company
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People
Savills hires Eastdil director for corporate finance role
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Logistics
Senior agents launch logistics advisory firm
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Logistics
Indurent seeks to reel in buyer for £130m portfolio
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Opinion
Shah on property: private equity’s constipation looks set to continue
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Hotels & Leisure
New natural lido planned at Canary Wharf
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Residential
German asset manager lines up €80m Dublin deal
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People
Schroders fund manager to depart
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London
Hong Kong investor to offload £100m Mayfair office
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People