trending Market Intelligence /marketintelligence/en/news-insights/trending/DcMYAvB7phXCTt3e3x976A2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Brookfield taps JLL, Cushman for sale of half-stake in A$800M Australian project

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Real Estate

Real Estate Solutions Overview


Brookfield taps JLL, Cushman for sale of half-stake in A$800M Australian project

Brookfield Property Partners LP appointed JLL and Cushman & Wakefield to oversee its divestment of a 50% stake in an A$800 million office development planned at Elizabeth Quay precinct in Perth, Australia, The Australian reported.

The market-bound 30-story project that will span 52,000 square meters is intended to be the headquarters of Chevron Australia Pty. Ltd., according to the publication.

The Australian arm of the oil and gas company awarded the contract for the development to Brookfield Property in 2018 after it decided to vacate the Investa Property Group and Eureka's QV1 building in the city.

The Canadian commercial real estate company, which eventually won the tender, competed with LendLease Group and GDI Property Group to secure the deal, the March 11 report added.