South Korean institution sets aside USD100 million for foreign REITs
A South Korean institutional investor has set aside a USD100 million war chest to acquire REITs listed outside the country,…
Australian REIT secures major anchor tenant despite COVID-19 woes
An ASX-listed REIT has secured a major multinational anchor tenant at its Grade A office property, despite COVID-19 related lockdowns…
Arena REIT upgrades distribution guidance on improved attendance
Arena REIT has upgraded its distribution guidance for its FY2021 to 14.8 Australian cents per security.
Dexus disposes stake in Grosvenor Place at discount for AUD925 million
Dexus has conditionally exchanged contracts to sell a 50% interest in Grosvenor Place, Sydney. The 50% interest comprises 25% owned…
Dexus sells 60 Miller Street for AUD273 million
Dexus has conditionally exchanged contracts to sell its property at 60 Miller Street in North Sydney. The sale will realise…
GPT Group to sell stake in Sydney office tower
Australian REIT, GPT Group, has announced plans to divest its 25% stake in 1 Farrer Place, Sydney. “Farrer Place is…
Dexus reports 23% fall in profit for FY2020
Australia-listed REIT, Dexus, has reported that its net profit after tax was AUD983 million (USD707 million) for FY 2020, down…
Charter Hall Group, Singapore’s GIC team up for stake in Ampol Property Trust
Charter Hall Group has teamed up with Government Investment Corporation (GIC), Singapore’s sovereign wealth fund, to acquire a 49% stake…
Charter Hall Group disposes stake in Waypoint REIT
Charter Hall Group has sold its entire 5% holding in Waypoint REIT. Waypoint REIT is Australia’s largest listed REIT that…
Waypoint REIT sees AUD30 million uplift in portfolio value despite COVID-19
Waypoint REIT has seen an uplift in the valuation of selected properties, despite the COVID-19 pandemic and its resulting economic…