Mirvac spends $523m on Sydney and Melbourne assets | Asia Property

Subscription Enquiries
Editorial Enquiries

This will be the secondary navigation

Mirvac spends $523m on Sydney and Melbourne assets

Published on January 4th, 2014

Mirvac Group is to spend A$552m ($523m) on the Harbourside Shopping Centre in Sydney and two office buildings in Melbourne. Australian real estate investment trust Mirvac will acquire the shopping…

Not subscribed yet? Click here for full access.

Diary

Dalian Wanda magnate turns profile-raising into high art

Dalian Wanda chairman Wang Jianlin hit the headlines after spending $28.2m of his company’s money on Picasso painting Claude et Paloma at a Christie’s auction in New York last week....

Market Talk

Success of our fund-raising efforts

“The Success of our fund-raising efforts is a vote of great confidence in our successful track record of returns for our investors and in our unique investment strategy – opportunistic...

Market Talk

Seven buyers for every Seller

“We Reckon that there are roughly seven buyers for every seller In the RegIon and they are a broad-based set, but mainly from wIthIn the RegIon” Alastair Hughes, chief executive...

Companies & People

Baring hires Lai from Invesco

Baring Private Equity Asia has hired Malcolm Lai to join its real estate team. Lai left Invesco Real Estate, where he was head of construction, in April and will have...

News

India’s Tata seeks domestic backers for INR6bn fund

Tata Realty and Infrastructure has launched a INR6bn ($97m) property fund. The fund, launched in conjunction with Tata Asset Management, will invest in income-generating assets and is targeting domestic investors....

Companies & People

Blackstone opens singapore office

Blackstone Group has opened an office in Singapore, its eighth in Asia Pacific. The office has 35 staff across the private equity, real estate and tactical opportunities segments. The firm...

Research

AsiaProperty Capital Raising Update

India’s IDFC launched its second infrastructure fund in September, with an equity target of $1bn 

News

Vacancies hit Mumbai shops

More than half of Mumbai’s shopping centres have significant vacant space, according to the Associated Chamber of Commerce and Industry of India. A big problem is that malls are built by...

News

Brooke takes charge of CBRE consulting arm

CBRE has moved Greater China head Chris Brooke to a new regional role in its consulting business. Brooke will relocate from Beijing to the company’s Asia Pacific headquarters in Hong...

Current Issue