Foreign Commercial Investment News

Hong Kong-listed Far East Consortium has bought two lots in the Perth City Link project, with plans for a $219 million mixed-use development including a hotel and apartments. This article originally appeared on theaustralian.com.au/property.

Forget about baby formulas or ­vitamins, Australian homes could be the next hot commodity on China’s e-commerce market, particularly on WeChat, the popular Chinese chat app. This article originally appeared on theaustralian.com.au/property.

An Asian investor has snapped up the Woolworths-anchored Reedy Creek Village Shopping Centre, on the southern end of the Gold Coast, for $20.5 million.

Just a week after WA Premier Colin Barnett was on hand to turn the first sod at its $400 million mixed-use project, the Hong Kong-listed Far East Consortium has put The Ritz-Carlton Perth on the block. This article originally appeared on theaustralian.com.au/property.

Asian investor interest in Queensland’s leisure and tourism sector has been solidified with China Capital Investment Group’s $25 million acquisition of the perpetual lease of South Molle Island.

The United States has re-emerged as a dominant player in Australia’s commercial property market, eclipsing China as the biggest foreign investor in 2016.

Investors came hard for a KFC outlet in suburban Melbourne but many sat on their hands at a quiet Burgess Rawson investment auction on Wednesday.

Foreign investors have continued pouring money into Australian commercial property, pushing the market to record highs.

Middle Eastern and European pension funds continue to flock to Australian real estate with the Swiss, Swedish and Dutch in particular looking at alternate property classes in which to invest. This article originally appeared on theaustralian.com.au/property.