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One of the key men behind a push for a Kelly Slater Surf Ranch at Coolum West says a wave park proposal in Glass House Mountains will have no impact on their project ambitions. World Surf League and Kelly Slater Wave Co Asia Pacific general manager Andrew Stark said the viability of the Coolum West project, and the willingness of World Surf League and Consolidated Properties to proceed was not affected at all by a recent proposal to the south. In late-December, 2020, the Daily revealed a development application had been lodged with Sunshine Coast Council for an estimated $30 million surf ...

Oxford Properties Buys 4 Life Sciences Buildings Posted on 01/12/2021 Oxford Properties Group, the real estate unit of Ontario Municipal Employees Retirement System, acquired four life sciences assets totaling 415,000 square feet, and developable land for US$ 276 million, with anticipated follow on investments of US$ 500 million in the assets. The acquisitions come as part of Oxford’s strategy to build a life sciences business in an asset class. Oxford intends to deploy an additional US$ 500 million of capital into these investments through development of new biotech space and converting ex...

13 Must Reads for the CRE Industry Today (Jan. 13, 2021) Some REITs have been buying their own shares, according to Dow Jones Newswires. New York restaurant owners file a new lawsuit against Governor Cuomo over shifting regulations, reports Eater New York. These are among today’s must reads from around the commercial real estate industry. Big Real Estate Firms Turn Buyers of Their Own Shares“Some publicly traded real-estate companies have found a buyer for their shares, despite empty offices, deserted hotels and reeling shopping malls -- the companies themselves. Real-estate owners, i...

Oxford Properties Group, the real estate investment arm of OMERS, has acquired four life sciences assets totaling 415,000 square feet and developable land for $276 million.

KUALA LUMPUR: AmInvestment Bank Research does not expect to see earnings surprises for the property sector over the next 12 to 18 months although companies with overseas exposure are expected to perform better.