Federation takes on Novion to form A$22bn A-REIT | Asia Property

Subscription Enquiries
Editorial Enquiries

This will be the secondary navigation

Federation takes on Novion to form A$22bn A-REIT

Published on February 9th, 2015

Two Australian REITs are merging to create a A$22bn ($17.16bn) vehicle. Federation Centres (previously Centro Properties) is buying Novion Property Group (formerly the CFS Retail Property Trust) in an all-shares…

Not subscribed yet? Click here for full access.

Company Profiles

Keppel Land

With exposure to the weak Singapore market hitting the developer’s share price, its parent company believes a privatisation bid is the best route to expanding the firm across the region...

Companies & People

COMPANIES & PEOPLE

Cassidy Turley lends US muscle to DTZ DTZ has completed the acquisition of US firm Cassidy Turley, giving it a strong US presence for the first time. The global property...

Research

Mumbai tops corporate locations table...

Mumbai offers the best prospects for corporate occupiers, according to DTZ’s 2015 Annual Occupier Outlook. The US remains the most competitive region, although this will change in favour of Asia...

News

PREI’s Laughlin and Theseira given new roles in Asia

Prudential Real Estate Investors is promoting Bennet Theseira to run the Asia Pacific business and making previous incumbent Morgan Laughlin head of Japan. The US-based manager, which recently started to...

News

Investors plan for Sinagapore resi revival

Foreign players seek to avoid stamp duty ahead of expected market revival when cooling measures are lifted Opportunistic investors are targeting Singapore housing in the expectation of a resurgent market,...

Comment

Split decisions on two Asian property empires

For many people in Hong Kong, mistrust of the property-led conglomerates that touch every aspect of their lives is instinctive and often justified. Nonetheless, Li Ka-Shing seems to have come...

News

Li Ka-Shing rejigs empire to sire property giant in Hong Kong...

Hutchison Whampoa and Cheung Kong shake-up will create $389bn property arm Li Ka-Shing is reorganising his business empire in a move that will create a new HK$389bn ($50.1bn) listed property...

Research

Multinationals’ expansion buoys Asia’s office markets

Colliers International expects the year ahead to be broadly positive for Asia’s office sector. The firm said multinational companies were poised to expand in terms of human resources and corporate...

Current Issue