Asia Pacific
Australia, Ayers Rock
The Ayers Rock Resort has been sold for A$300 million (circa US$300 million) to the Indigenous Land Corporation. The resort is the country’s largest accommodation asset, and the sale represents one of Australia’s largest-ever single asset hotel transactions.
Australia, Brisbane
Westscheme, a A$3.2billion (US$3.2 billion) superannuation fund, has disposed of its ownership interests in Brisbane Square for A$300 million (US$300 million) to the Charter Hall Core Plus Office Fund and Telstra Super. The price of this ‘A’ grade commercial office tower located in the CBD reflected a 6.6% yield.
read more click here: http://www.joneslanglasalle.com/Pages/Global-Market-Perspective-real-estate-transactions.aspx
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