Australia

Dexus buys 25% stake in Westfield Chermside for $683m
Scentre Group secures capital for future investments

Mornington Peninsula motel sells at a discount
The sale is expected to be finalised in September once the contract goes unconditional this week
Latest Articles

Nonbank lender repays investors after 'woman of steel's' $175m Perth project failure
Nguyen Le's Nguyen Capital had planned a $175m investment at Le Lake Retreat on Perth's outskirts

Office market turns a corner as vacancies fall, rents rise: Dexus
Signs of recovery are emerging in Australia's office sector

Living Gems' $360m Rockhampton land lease community approved
The Rockhampton Regional Council has signed off on 505 homes in Parkhurst

Receivers list southwest Sydney shopping centre
Newbrook Shopping Village is the only shopping centre in Airds

Super fund offers up triple treat
The Meat Industry Employees Superannuation Fund is selling three properties

Local publicans buy Newcastle watering hole
The Fire Station Hotel in Wallsend has changed hands between locals
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Corporate
Quintain to explore partner options as Riddell comes on board
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Logistics
Almost 330 hectares of London industrial land could help meet residential demand
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Corporate
Trade body merger “is not a smash burger”
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Opinion
Government intervention in retail misses the mark again
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Distress
Watling RE appointed for Godwin portfolio
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Office
Food manufacturer Princes snaps up £57m Royal Liver Building
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Office
Cambridge office take-up reaches 241,000 sq ft in first half
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Office
Office downsizing has “peaked” as occupiers consider expansion
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Investment
PGIM Real Estate to increase investment in second half
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People
CBRE adds senior director to residential capital markets team
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London
Accenture recommits to 250,000 sq ft City HQ
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Corporate
Star JP Morgan banker departs
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Residential
Winner prevails for L&Q’s £1.1bn build-to-rent portfolio
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Retail
Investors shortlisted for £235m Manchester mall stake
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Hotels & Leisure
Buyer found for £150m Hoxton Southwark hotel
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People
Cushman names new UK & Ireland head
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Politics
“Serious legal flaws” in Manchester council’s £42m retail park purchase
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London
EY abandons 500,000 sq ft London office hunt
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Corporate
How Alti’s real estate business came crashing down
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Corporate
Colliers rejigs transactions division
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Corporate