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Sydney developers head to Melbourne for BTR projects

Sydney developers head to Melbourne for BTR projects
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M&G Jumps Into Australia Multifamily Residential Market

M&G Real Estate has expanded its Asia Pacific rental residential investments into Australia with a partnership with local developer Novus.

New south walesDavid southonJason goldsworthyAsia pacificAdam hirstBerg richardAsia property fundAliro groupUnited kingdom basedNovus build to rent trustEden bergAustralian financial reviewDown under

M&G Real Estate commits $340m to Australian asset manager Novus

The investment will provide capital for the Novus Build-to-Rent Trust seeded with the 173-home residential scheme in Melbourne.

Hong kongNew south walesSouth koreaJason goldsworthyAdam hirstAsia property fundAliro groupMg asia property fundUnited kingdom based mg investmentsNovus build to rent trustAsia pacific

Charter Hall co-founder snaps up Sydney logistics site

Aliro has paid $61 million for two adjoining industrial sites in Chipping Norton in western Sydney that are well suited to last-mile logistics development.

Chipping nortonNew south walesDaniel wiseBryan jenningsJason goldsworthyAdam hirstAliro group industrial value fundCommercial bankstownMoorebank intermodalIndustrial market monitor