Mar 08 2017Add to Favorites
Carolyn Cummins, The Sydney Morning Herald
Investors are seeking a foothold in the booming Sydney office market with new assets worth more than $500 million up for grabs as the owners take advantage of the high demand.
One of the latest sales, as first revealed by Fairfax Media last year, is 20 Bridge Street, Sydney, the home of the Australian Securities Exchange, which has had unsolicited offers of up to $250 million and suggestions are it could reap as much as $325 million in the current strong market.
SOURCE: The Sydney Morning Herald
The changing and competitive retail environment is driving transaction activity for shopping centres, as owners refine their portfolios, adjust their exposure to different states and asset types and seek greater diversification to improve their long-term risk-return profile.
More private investors will have access to individual, first mortgage secured loans, which produce a monthly income, via an online platform launched by Balmain Private.
In November 2017, real estate investment manager and advisory group, Ashe Morgan, closed its capital raising for its recent purchase of the Health and Forestry buildings in Brisbane adding to the assets it now manages on behalf of its investors.
Australia / Brisbane
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