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US takeover looms for National Storage

US takeover looms for National Storage

The country’s largest self-storage operation, the National Storage REIT, appears likely to be taken over by US giant Public Storage, with shares in the target trust jumping to close to the bid price of its $1.9 billion proposal. Read more

Kaufland prepares to sell-off supermarket sites

Kaufland prepares to sell-off supermarket sites

German hypermarket chain Kaufland is looking to sell off a slab of its property empire as it hastens its exit from Australia, with the company asking real estate agencies for advice on disposing of nine key sites along the eastern seaboard. Read more

Newtown property back on market three years after breaking price record

Newtown property back on market three years after breaking price record

Newtown’s largest residential landholding is on the market less than three years after it broke the then suburb record. Read more