{"id":9175,"date":"2026-05-11T10:11:06","date_gmt":"2026-05-11T10:11:06","guid":{"rendered":"https:\/\/www.europesays.com\/australia\/9175\/"},"modified":"2026-05-11T10:11:06","modified_gmt":"2026-05-11T10:11:06","slug":"roundup-link-reit-said-in-talks-to-sell-sydney-offices-for-362m","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/australia\/9175\/","title":{"rendered":"Roundup: Link REIT Said in Talks to Sell Sydney Offices for $362M"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" aria-describedby=\"caption-attachment-370873\" class=\"size-full wp-image-370873 lazyload\" alt=\"John Saunders, Link Asset Management Limited\" width=\"780\" height=\"487\" src=\"https:\/\/www.europesays.com\/australia\/wp-content\/uploads\/2026\/05\/John-Saunders-Link-REIT-e1750338626120.jpeg\"  data- data-eio-rwidth=\"780\" data-eio-rheight=\"487\"\/><\/p>\n<p id=\"caption-attachment-370873\" class=\"wp-caption-text\">John Saunders, executive director and chief investment officer of Link REIT\u2019s manager<\/p>\n<p>A pair of potential Sydney office deals lead today\u2019s look at real estate headlines from around the region, as local investors look for bargains in the city\u2019s recovering commercial market. Also making the news are some hyperscale data centre lending in Indonesia and a new residential project in Singapore.<\/p>\n<p><a href=\"https:\/\/www.theaustralian.com.au\/business\/property\/commercial\/aware-super-circles-sydney-office-block-as-hong-kong-investor-chases-500m-exit\/news-story\/f4fe7abca070ce1d6ee7589d36287e94\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">Link REIT Said in Talks to Sell 100 Market Street to Aware Super<\/a><\/p>\n<p>Australia\u2019s Aware Super is in talks to acquire 100 Market Street in Sydney\u2019s central business district from Link REIT for more than A$500 million ($362 million), according to media reports.<\/p>\n<p>Link had put the property \u2014 which houses both the corporate regulator ASIC and mall operator Scentre \u2014 on the market in February as it seeks to reinforce its balance sheet. <a href=\"https:\/\/www.theaustralian.com.au\/business\/property\/commercial\/aware-super-circles-sydney-office-block-as-hong-kong-investor-chases-500m-exit\/news-story\/f4fe7abca070ce1d6ee7589d36287e94\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">Read more&gt;&gt;<\/a><\/p>\n<p><a href=\"https:\/\/www.theaustralian.com.au\/business\/property\/commercial\/centuria-launches-countercyclical-office-play-with-450m-purchase\/news-story\/36ac4af64499614ad4888aa7e3092b76\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">Brookfield Close to Selling Half-Stakes in Pair of Sydney Office Towers to Centuria<\/a><\/p>\n<p>Canadian giant Brookfield is said to be near a deal to sell half-stakes in two Sydney World Square office buildings to local fund manager Centuria for A$450 million ($326 million), according to an account in The Australian.\u00a0<\/p>\n<p>Sydney-based Centuria has launched a new city office trust to hold the stakes in 680 George Street and 50 Goulburn Street, after Brookfield put them on the market last year. <a href=\"https:\/\/www.theaustralian.com.au\/business\/property\/commercial\/centuria-launches-countercyclical-office-play-with-450m-purchase\/news-story\/36ac4af64499614ad4888aa7e3092b76\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">Read more&gt;&gt;<\/a><\/p>\n<p><a href=\"https:\/\/d2gr9f68xie3i0.cloudfront.net\/uploads\/media_libraries\/1777973423225-91m72n.pdf\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">Brookfield-Backed DCI Secures $1B BCA Loan for Indonesia Data Centres<\/a><\/p>\n<p>The Indonesian unit of Brookfield-backed DCI Data Centres has obtained a IDR 17 trillion ($976 million) investment credit facility from Bank Central Asia to fund capital expenditure for data centre construction and fulfilment of contracted capacity commitments, according to an announcement late last week.<\/p>\n<p>DCI Indonesia, which has 133 megawatts of operational capacity in the country, is developing a 1-gigawatt campus on Bintan Island near Singapore and has set a goal of developing 2GW. <a href=\"https:\/\/d2gr9f68xie3i0.cloudfront.net\/uploads\/media_libraries\/1777973423225-91m72n.pdf\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">Read more&gt;&gt;<\/a><\/p>\n<p><a href=\"https:\/\/www.businesstimes.com.sg\/property\/frasers-eyes-residential-project-yishun-10-cinema-complex-site-redevelopment-proposal-submitted\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">Frasers Plans Residential Project on Former Mall Site in Singapore\u2019s Yishun<\/a><\/p>\n<p>The site of Yishun 10, a strata-titled retail development recently acquired by Frasers Property, could soon make way for a new residential development under a proposal submitted to Singapore\u2019s Urban Redevelopment Authority.\u00a0<\/p>\n<p>Based on proposed amendments to the Master Plan 2025 gazetted by the agency on Friday, the 3,635 square metre (39,127 square foot) site is being rezoned for residential use with commercial space on the first floor and a plot ratio of three. Analysts estimate the site could yield 20 units. <a href=\"https:\/\/www.businesstimes.com.sg\/property\/frasers-eyes-residential-project-yishun-10-cinema-complex-site-redevelopment-proposal-submitted\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">Read more&gt;&gt;<\/a><\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-05-11\/hong-kong-s-bad-debt-bankers-ramp-up-fire-sales-liquidations\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">Hong Kong Banks Stock Up on Distressed Debt Specialists<\/a><\/p>\n<p>A small group of bankers in Hong Kong is tasked with cleaning up a HK$200 billion ($25.5 billion) pile of soured debt that\u2019s pushed the city\u2019s distressed loan ratio to a two-decade high.<\/p>\n<p>Lenders including Bank of East Asia and UOB Hong Kong have nearly doubled headcount since 2024, while Bank of China (Hong Kong) and Hang Seng Bank have been building out these squads as they seize a window of opportunity to cut losses and free up money for fresh lending as the rest of the economy rebounds. <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-05-11\/hong-kong-s-bad-debt-bankers-ramp-up-fire-sales-liquidations\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">Read more&gt;&gt;<\/a><\/p>\n<p><a href=\"https:\/\/links.sgx.com\/FileOpen\/ECW-Update%20on%20Legal%20Proceedings.ashx?App=Announcement&amp;FileID=888203\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">SGX-Listed EC World REIT Faces $515M Liability Over Unauthorised Guarantee<\/a><\/p>\n<p>Singapore-listed EC World REIT is facing a potential liability of RMB 3.5 billion ($515 million) after a Hangzhou court ruled that its Hangzhou Beigang Logistics subsidiary was jointly liable under a guarantee covering obligations of sponsor Forchn Holdings Group. The REIT\u2019s manager says it did not authorise Beigang to enter into the guarantee to China Zheshang Bank affiliate Hangzhou Fenhua Investment and that the affixation of its company seal was unauthorised.<\/p>\n<p>The Hangzhou Intermediate Court issued the judgement on 6 May, with the board notified the following day. The board acknowledged that management may have learned of the litigation in late April or earlier and has ordered a review into the disclosure delay. <a href=\"https:\/\/links.sgx.com\/FileOpen\/ECW-Update%20on%20Legal%20Proceedings.ashx?App=Announcement&amp;FileID=888203\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">Read more&gt;&gt;<\/a><\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-05-08\/singapore-cracks-down-on-home-flipping-after-sharp-price-jump?srnd=live-events-v2\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">Singapore Clamps Down on Flat Flippers as Market Booms<\/a><\/p>\n<p>Singapore will add new curbs to discourage the flipping of some homes as the government seeks to ease speculation and boost affordability in the financial hub\u2019s buoyant property market.<\/p>\n<p>Authorities will introduce new measures targeting executive condominiums, Minister for National Development Chee Hong Tat said in a speech Friday. The period for which owners must reside in their apartments will be doubled to 10 years as part of efforts to help first-time homebuyers secure a unit, Chee said. <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-05-08\/singapore-cracks-down-on-home-flipping-after-sharp-price-jump?srnd=live-events-v2\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">Read more&gt;&gt;<\/a><\/p>\n<p><a href=\"https:\/\/www.businesstimes.com.sg\/companies-markets\/s-reit-acquisitions-pick-improved-financing\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">Singapore REIT Transactions Jump on Lower Interest Rates<\/a><\/p>\n<p>Acquisition activity among Singapore REITs has picked up this year, signalling a measured return to growth as financing conditions stabilise.<\/p>\n<p>In the first four months of the year, S-REITs announced 11 acquisition transactions with a total value exceeding S$6.3 billion ($5 billion), already accounting for more than 70 percent of the total acquisition value recorded in the whole of 2025. <a href=\"https:\/\/www.businesstimes.com.sg\/companies-markets\/s-reit-acquisitions-pick-improved-financing\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">Read more&gt;&gt;<\/a><\/p>\n<p>Tune in again soon for more real estate news and be sure to follow <a href=\"https:\/\/x.com\/mingtiandi\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">@Mingtiandi<\/a> on X, or bookmark <a href=\"https:\/\/www.linkedin.com\/company\/mingtiandi\/posts\/?feedView=all\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">Mingtiandi\u2019s LinkedIn page<\/a> for headlines as they happen.<\/p>\n","protected":false},"excerpt":{"rendered":"John Saunders, executive director and chief investment officer of Link REIT\u2019s manager A pair of potential Sydney office&hellip;\n","protected":false},"author":2,"featured_media":9176,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[10493,10494,10495,5174,10496,247,10497],"class_list":{"0":"post-9175","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-sydney","8":"tag-brookfield-asset-management","9":"tag-dci-data-centers","10":"tag-ec-world-reit","11":"tag-frasers-property","12":"tag-link-reit","13":"tag-sydney","14":"tag-weekly-sp"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/posts\/9175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/comments?post=9175"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/posts\/9175\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/media\/9176"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/media?parent=9175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/categories?post=9175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/tags?post=9175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}