Infratil Ltd has conditionally sold its 50% interest in the Australian National University’s purpose-built student accommodation concession to 2 AMP Capital Ltd funds after failing to broaden the platform.
Securities - overseas
Brisbane-based ASX-listed Cromwell Property Group completed an $A228 million ($NZ242.5 million) capital-raising at the start of this month intended largely to contribute to its share in a 23-property investment by the European trust it launched in 2017.
Singaporean property giants CapitaLand Ltd & AscendasSingbridge Pte Ltd announced their intention to merge their interests yesterday.
The Goodman Property Trust’s sale of its interest in the owner of the VXV property portfolio Along Fanshawe St in Auckland, Wynyard Precinct Holdings Ltd, went unconditional last week.
Sydney-based Goodman Group and the Canada Pension Plan Investment Board (CPPIB) have lifted their investment in their Chinese logistics property partnership by 54% and given them the capacity to double the portfolio to 5 million m².
GPT brings Australian office zero emissions target closer – Singaporean media-based company buys UK student accommodation portfolio