LISTED PROPERTY, REITS, UNLISTED FUNDS
Macquarie’s offer still not sweet enough
MACQUARIE Group has sweetened its bid for the Charter Hall Office REIT by 4 cents per unit to $2.43, but the independent ...
IOF hangs up on Melbourne office buy
THE Investa Office Fund has decided not to go ahead with the $210 million purchase of a 50% interest in the Telstra ...
Mirvac teams up with Aviva
MIRVAC Group has formed a strategic relationship with global asset manager Aviva, to sell five industrial properties into the Aviva Investors Australian Logistics Property Trust. ... Full story
SQM downgrades AMP Capital Global Property Securities Fund
SQM Research has downgraded the AMP Capital Global Property Securities Fund from a rating of 4 ½ stars to 4 stars. ... Full story
QIC Aussie unlisted fund completes $1.72bn raising
QIC Global Real Estate has successfully raised more than $1.72 billion in capital over the past 18 months for the QIC Property Fund, in one of the largest capital raisings by an Australian unlisted property fund. ... Full story
GPT takes industrial & office management in house
GPT Group is planning to internalise the management of its fully owned industrial and office property assets. ... Full story
Banker appointed as Centro chairman
CENTRO Properties Group and Centro Retail Trust have appointed banker Bob Edgar as chairman of the new Centro Fund. ... Full story
Goodman keeps expanding in China
GOODMAN has bolstered its development pipeline in China by securing two new land sites in Kunshan. ... Full story
Trinity to buyback 10% of securities
TRINITY Limited is putting the proceeds from recent assets sales to use, by announcing an on-market buy-back program of up to 10% ordinary securities. ... Full story
Charter Hall office refinances debt
THE Charter Hall Office REIT has refinanced its $365 million Australian Commercial Mortgage Backed Security facility, which matured last week. ... Full story
A property fund for the average Joe & Jane
PUBLIC offer superannuation fund, TIC Retirement Plan, has established a new residential property fund aimed at average-income earners. ... Full story
Dexus shines a new light on sustainability
DEXUS Property Group has leased a 513,588 sqm rooftop space at an industrial property in Perris, California to Southern California Edison for the creation of the largest individual rooftop solar project in the United States. ... Full story
Australand secures new $550m debt facility
DIVERSIFIED property group Australand has secured a new $550 million unsecured syndicated bank facility with the first tranche of $247.5 million maturing in March 2015 and the second tranche of $302.5 million maturing in September 2016. ... Full story
Lend Lease keeps kicking goals
LEND Lease is on a roll this week, yesterday it secured the Adelaide Oval redevelopment project and a $174 million contract to rollout the NBN in Western Australia. ... Full story
Stockland secures long term funding
STOCKLAND has secured an additional $US60 million ($A56 million) of 10 year US Private Placement debt. ... Full story
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