Shadow bank lenders are seeing a rise in demand as the traditional banks tighten their loan books to ward against major defaults in commercial property.
Centuria Capital has secured a $500 million institutional investment mandate on behalf of a US private investment firm.
Listed asset manager MA Financial has expanded its platform with the acquisition of the d’Albora marina portfolio worth $225 million.
Industrial property owners will likely be the standout performers in the reporting season which kicks off in earnest next week for the Australian real estate investment trust sector.
The ASX-listed diversified fund manager has a market value of $1.56 billion,and has a focus on agriculture,capital lending and healthcare real estate.
Billionaire veteran private developer Bob Ell’s Leda Holdings is adding to his recent deals and taking advantage of the booming demand for warehouse space in Sydney’s south with the sale of a large holding offering development potential.
A $75 million private hospital will be built in Melbourne’s east,as Centuria Capital builds a $1.7 billion portfolio in the booming healthcare sector.
Office landlords are breathing a sigh of relief that capital cities are coming back to life after the lockdowns from the global pandemic with data showing that skyscrapers are filling up again.
Private developers Mathieson Property and PWD are the latest entrants into the booming multibillion-dollar healthcare property sector with the proposed $135 million Camperdown Modern facility.
Fund management group Centuria Capital has expanded its presence in the fast-growing healthcare and education real estate sector,inking a $250 million partnership to develop the Cudgen Connection precinct on the NSW Tweed Coast.
Mall landlords are seeking out new ways to entice shoppers back to physical stores through new offerings of interactive and food-based retailers that have proven to be internet-proof.