The new vehicle will hold six assets including two data centres under construction
Phil Pearce was the driving force behind ESR growing to a $29bn business in Australia. Now he's been tasked with running the global business.
Phil Pearce has been appointed president of ESR, while Brett Robson is chair of the board
The decision comes amid the sluggish B-grade office market and strong demand for high-end apartments
The property is expected to attract strong demand from institutional investors
Rising construction costs have scuttled a development partnership
The Dan Murphy’s outlet sold on a sharp yield
The pureplay residential land lease community developer is the new kid on the block
A second property nearby sold on nearly the same yield, reflecting strong interest from private money