Dexus announces successful fundraising for its real estate opportunity fund
Australasian real asset manager Dexus announced it has successfully raised more than $300 million for a first close for its second dedicated real estate opportunity fund, putting it on track to raise up to $1 billion in equity.
Eight properties sold under the hammer at CBRE’s National Auction Series
CBRE Managing Director Mark Lafferty highlighted with a further 11 campaigns launching shortly, we continue to see strong results being achieved using the auction platform, driven in part by the diverse buyer pool attracted to the platform and the belief we are close to the peak of the interest...
Private investors the most active buyers in Australia and globally- Knight Frank
Knight Frank’s The Wealth Report 2024 found private investors* were the most active buyers in commercial real estate for the first time in Australia over 2023 and for the third consecutive year globally.
Frasers Property Australia CEO Anthony Boyd promoted to Group Chief Operating Officer
New CEO and other national executive roles filled from within the business. Anthony Boyd to become Frasers Property Limited’s Group COO, Cameron Leggatt to step up as Frasers Property Australia CEO, Emily Wood to take over as EGM Development and John Dawson takes on national operations role. ...
Trio of properties sold in the launch of CBRE’s National Auction Series
Close to $18 million in property has changed hands as part of a new CBRE National Auction Series. CBRE Capital Markets General Manager Adrian Sacco said, “We need to be expansive in our offering given the current market conditions and rising interest rate environment.”
Savills’ Benson Zhou named Commercial Salesperson of the year and CBRE Agency of the year the REIV Awards for Excellence 2022
The C&I Overall Marketing Excellence was awarded to Fitzroys. Quentin Kilian, CEO of the REIV said “The Awards for Excellence recognise the very best and brightest agencies and professionals and their critical role in advancing Victoria’s property sector,”
Construction to begin on Lendlease $1.2b North Sydney Victoria Cross Tower
Tom Mackellar, Managing Director of Development, Lendlease commented, “We know that North Sydney’s CBD is on a path of complete transformation, and connectivity will be key with the introduction of Sydney Metro’s new Victoria Cross Station.”
