Dexus-held trust acquires two industrial properties for AUD173.5 million
Dexus Australian Logistics Trust, of which Australian REIT Dexus holds a 51% interest in, has exchanged contracts to acquire two…
APN Conveninence Retail acquires Brisbane Airport Link Service Centre
APN Convenience Retail REIT has agreed to acquire Brisbane Airport Link Service Centre in Queensland. The property is being acquired…
APN Convenience Retail REIT faces 6.6 million-unit sell-down
APN Convenience Retail REIT (AQR) has received advice of an impending sell-down from one of its significant unitholders. The REIT,…
Dexus disposes 45 Clarence Street for AUD530 million
Australia-listed REIT, Dexus, has conditionally exchanged contracts to sell 45 Clarence Street, Sydney. The sale will realise net proceeds of…
Arena REIT meets upper range of distribution guidance for FY2020
Arena REIT has declared a distribution of 6.85 Australian cents for the six months ending 30 June. The distribution is…
COVID-19 widens dichotomy between office REITs on tenant-asset mix criteria
COVID-19 has accelerated the adoption of remote working practices, and this will eventually lead to a drastic reduction in demand…
GPT Group sees 8.8% slide in value of retail portfolio in wake of COVID-19
The GPT Group has suffered an 8.8% slide in the value of its retail properties as valued at 31 May…
Charter Hall teams up with Allianz for AUD648 million acquisition
Charter Hall Group has teamed up with Allianz Real Estate to acquire the AUD648 million (USD449 million) portfolio of ALDI…
National Storage REIT to issue 30.7 million new units after upsize option
National Storage REIT is issuing approximately 30,789,784 new units following the close of its security purchase plan (SPP). The SPP…
Arena REIT to raise up to AUD60 million via equity fundraising
Arena REIT is undertaking a fully underwritten AUD50 million institutional placement at an issue price of AUD2.28 per new unit.…