Real Estate

Commercial property fund Elanor Funds Management has hit back at "factually incorrect" claims made by Lederer Group as part of a $285 million takeover bid.

Star Entertainment has reached an agreement with its Queen's Wharf partners to sell its 50 per cent stake in the Brisbane entertainment venture.

Developer Goldfields Group has purchased the Quality Resort in Western Australia's Sorrento Beach in a $31 million off-market sale.

A former EY partner accused by the ATO of promoting a tax avoidance scheme over property developments has told a trial judge the commissioner has "overreached".

Invesco’s global real estate business will acquire retirement village operator and owner RetireAustralia for $845 million.

With plans to transform it into a mixed-use estate, Queensland developer Vitale Property Group has partnered with Metrics Credit Partners to acquire a large-scale industrial site on the Gold Coast.

Gilbert + Tobin has strengthened its real assets team with the appointment of a partner recruited from global asset manager Blackstone.

Dexus Industria REIT has entered option agreements to sell its 13 Brisbane Technology Park properties for a net $155.5 million.

German car hire company SIXT has sued Darwin International and Alice Springs airports for $1.9 million, alleging its lease arrangements with the airports did not allow for rent reductions. 

Centuria Capital has snapped up the Port Adelaide Distribution Centre for $216 million, calling it a "rare opportunity" surrounded by a host of positive economic indicators.