News & Insights

Lendlease’s Australian Prime Property Fund Commercial has taken vantage of the request for premier bureau assets with the merchantability of 25 Constitution Avenue, Canberra, for $115.10 million. Although bureau operation occupancy is inactive debased with workers successful lockdown, the lifting of restrictions and precocious vaccination rates person fixed landlords and investors assurance that bureau blocks […]

Bookrunners Credit Suisse and UBS are set to rule off a $356.9 million initial public offering for property owner RAM Essential Services Property Fund. It is understood the brokers told investors the bookbuild would close at 4.30pm on Wednesday, and the deal would be underwritten on Wednesday night. The IPO would see it raise $356.9 million […]

Lendlease’s Australian Prime Property Fund Commercial has taken advantage of the demand for prime office assets with the sale of 25 Constitution Avenue, Canberra, for $115.10 million. Although office tower occupancy is still low with workers in lockdown, the lifting of restrictions and high vaccination rates have given landlords and investors confidence that office blocks […]

Property fund manager Real Asset Management is pitching for $356.9 million at $1 a security for its maiden real estate investment trust float. RAM’s brokers have confidentially kicked off cornerstone meetings this week, telling potential investors the new RAM Essential Services Property Fund would own 33 properties on listing and pay a 5.7 per cent […]

Move over logistics, there’s a new hot young thing in listed property. Essential services – real estate leased to all those things that have stayed open in the past 18 months or so – is now up in lights, and real estate managers and brokers are making hay while it’s fresh in investors’ minds. First […]

Real Asset Management has bought another five healthcare and medical assets for $76 million before the imminent listing of its Essential Services REIT. It will also embark on a $120 million, three-year development program across six assets beginning in October with an emphasis on expanding floor space and revenue, initially across its essential retail portfolio. […]

Real Asset Management is reported to be paying Lendlease $115 million for a recently refurbished, fully leased Canberra office. Located at 19-25 Constitution Avenue, the 5,611sqm site contains a seven level commercial building with 16,679sqm of NLA. Constructed in 1988, the Alan Woods Building is fully occupied by the federal government following a major leasing […]

Canberra’s office sales market is surging toward a record year with Real Asset Management becoming the latest player to buy in, paying Lendlease $115 million for 25 Constitution Avenue. It’s understood the acquisition of the Alan Woods Building was made by RAM’s new Diversified Property Fund, primarily backed by offshore investors, and has received Foreign […]

Australian wealth asset manager, Real Asset Management (RAM), has joined the Responsible Investment Association Australasia (RIAA), a move which followed the firm’s recent appointment as a pay equity ambassador. RAM Australia chief executive, Scott Kelly said becoming a part of the RIAA network was a natural outcome of the company’s mission and beliefs, which were […]