News Articles for Westbridge Funds Management

A Singaporean real estate investment trust has splashed $28 million on a Port Hedland apartment block one week after entering the Pilbara with its first acquisition in Karratha.

The purchases, in South Australia and Queensland, add to the property fund's industrial and medical portfolios.

Matthew McNeilly has called time on the great Australian dream of home ownership, saying he sees no end in sight to rising house prices and rents.

Subiaco-based Westbridge Funds Management has secured naming rights for next year's AusCycling Road National Championships in Perth.

The Subiaco-based property group has acquired a Greenfields asset for $16.25 million, which brings the assets in its medical fund to $38.75 million.

OPINION: Townhouses and villas offer a solution to Perth's housing problems.

A spate of transactions signal a growing confidence in the near-city suburb.

The purchase of two medical centres forms the basis of a new healthcare fund for the Subiaco-based company.

The fund manager is expected to attract more than double what it paid for the South Hedland apartment building.

Developers are dealing with supply shortages, competition from owner-occupiers and infrastructure constraints.

The Subiaco-based syndicator has acquired a large format retail centre in Wagga Wagga.

Subiaco-based Westbridge Funds Management has acquired a manufacturing facility interstate for slightly more than $30 million.

The Subiaco-based fund manager has sold an 809sqm block to a local developer for $2.13 million.

The city's industrial vacancy rates have increased by 0.2 per cent to 1.4 per cent, CBRE data shows.

Local investors have swooped on the industrial building in a $13.65 million deal.

WA's Westbridge Funds Management has divested one of its industrial assets in Victoria, pocketing $30 million from the transaction.

The transaction brings the Subiaco-based syndicator's funds under management to $960 million.

Westbridge Funds Management sold the Baile Road property for $12.3 million.

The Subiaco-based syndicator has purchased two medical centres from Centuria.

Damian Collins says people tend to make more mistakes in a heated property market.

The Subiaco-based fund manager has purchased a $23 million retail centre near Ipswich.

A recent record leasing deal in Welshpool has highlighted the strong trajectory of the sector.

Plans to demolish an existing apartment building to make way for luxury townhomes have been approved by council.

Our weekly appointments wrap includes Steve Fewster, Kerryl Bradshaw, Wendy Attenborough, Trevor Hunt, Marcus Stafford, Kellie Benda, Adel van der Walt, Aaron Harding, Emmanuel Ranga and Helen Hristofski.

The WA-based fund manager will place the $6 million asset within its total return fund.

Property funds are navigating economic headwinds to deliver returns to their investors.

Locus Development Group and Security Capital Australia bought the Woolworths anchored asset and have signalled expansion plans.

Industry experts are calling for an overhaul of construction contracting to attract more builders, as rumours of more tier one builders entering the market gain momentum.

The sale was split between Westbridge Funds Management and an east coast investor.

The West Perth-based property fund has bought a hotel and liquor store for $15 million as part of its first total return fund.

The property fund is planning a $13 million luxury townhouse development across the three adjoining lots.

Recent moves in the industrial property sector show the market should continue to outperform this year.

Three industrial sites in Western Australia have been snapped up this month, with the deals amounting to $40 million.

The Perth fund manager has bought a South Guildford industrial asset and Queensland medical facility for close to $23 million combined.

Apartment developers are facing increasing costs amid tightening margins and constrained supply.

The Southern River asset, anchored by Dan Murphy's, forms part of Westbridge's Diversified Fund No. 4.

The biggest local fund managers developed their reputations decades ago.

The property fund manager purchased the 23,177 square metre site from Perron Group, with the property leased to a Wesfarmers subsidiary.

Westbridge has secured key tenant Sealanes for its Palmyra industrial asset bought for $5.34 million.

Westbridge Funds Management has added a 55,723 square metre site in Welshpool to its portfolio, acquiring the industrial asset for $37 million.