Tuesday, 27th November 2018
$2 Billion Property Trust Created (AFR)
Australian Real Estate Investment Trust Dexus has announced a deal with Singaporean wealth fund GIC to form an unlisted logistics property trust with assets from the Australian fund manager’s portfolio.
Waverley Gardens Shopping Centre Sells for $178 Million (AFR)
ASX-listed Investor group Eleanor has partnered with real estate investment trust Heitman to acquire the $178 million Waverley Gardens Shopping Centre from real estate powerhouse Blackstone. The asset located in Melbourne’s south-east, is the first significant acquisition of a joint fund set up between Eleanor and Heitman.
Country Fire Authority Lease (AFR)
Victoria Country Fire Authority has put pen to paper on a 5900m² office/warehouse lease at 16 Dalmore Drive, Scoresby VIC 3179 for a net annual rent of $90/m² ($531,000).