Australia’s commercial property markets remained remarkably buoyant through 2021, with a slew of significant deals despite the uncertainty.
, the September deal included Jandakot Airport and the sprawling Jandakot City industrial estate – 49 properties and plenty of development potential.Dexus chief executive Darren Steinberg said it’s a sign of things to come: “As we move forward from here,” he said, “we’ll still be a very large owner and operator of office buildings, but our balance sheet will be further diversified as we grow our holdings in industrial and healthcare. We’re doing all this with our third-party capital partners.
, raised $250 million in mid-December from new and existing investors, giving it more financial firepower for further acquisitions.No industry has done it tougher than travel through the never-ending saga of COVID-19, and within that space, CBD hotels have been among the worst impacted. As a result, the expectation was for a slow year in terms of big transactions, but the opposite has been true with theIn a sign of the times, demand has been underpinned in the main by an appetite for residential and build-to-rent conversions as owners sell out of the sector.the $315 million sale of Sydney landmark, the Sofitel Wentworth
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