Foreign Commercial Investment News

Call them Sydney’s own twin towers. This article originally appeared on theaustralian.com.au/property.

Boston-based investment manager AEW Capital Management is looking to enter the local market with the purchase of a B-grade tower in Sydney’s Clarence St for close to $170 million. This article originally appeared on theaustralian.com.au/property.

Eager investors have splurged more than $12 billion on office space in Sydney and Melbourne alone in one year as the cash splash on Australian commercial property continues.

A Chinese theme park operator has unveiled plans to build a $400 million theme park on the Gold Coast. This article originally appeared on theaustralian.com.au/property.

Indonesia’s billionaire Halim family is taking on another billionaire, James Packer, in the race to develop one of the nation’s first ultra luxury six-star hotels. This article originally appeared on theaustralian.com.au/property.

The Lend Lease-managed fund APPF Commercial has acquired the first commercial tower in the $2 billion Melbourne Quarter project for more than $250 million. This article originally appeared on theaustralian.com.au/property.

Singapore-backed developer Frasers has won exclusive development rights for a site in the Western Sydney Parklands and plans to build a 50,0000sqm shopping mall. This article originally appeared on theaustralian.com.au/property.

The Queensland government is sounding out the market for interest in another regional casino ­resort, following the withdrawal of the multi-billion-dollar Aquis development. This article originally appeared on theaustralian.com.au/property.

China’s Han’s Group is emerging as the next major player in the Sydney CBD, lodging a development application for a $500 million mixed use development with one of the tallest buildings in the city. This article originally appeared on theaustralian.com.au/property.