Institutional Real Estate Asia Pacific Feb 2017: Sydney Beckons Investors: The Landmark Circular Quay Tower Project

Shanghai-based Ping An Real Estate Co and Tokyo-based Mitsubishi Estate Asia have been secured by Lendlease Corp as development partners for its A$1.5 billion Circular Quay Tower project in Sydney.

Emerge Capital Partners has been involved in plans for this project since 2014. "The interest from the institutional capital markets in Japan and China is evidence of the ongoing appetite for high-quality, premium commercial real estate in Australia's key gateway cities." said Nathan Parris, partner, Emerge Capital Partners, in a statement about the deal.

Source: Institutional Real Estate Asia Pacific, February 2017

Source: Institutional Real Estate Asia Pacific, February 2017