Japanese Consortium Acquires Stake in Sydney Office Complex

03 Jul 2026 CW Team

Kara Capital has advised a consortium of Japanese corporate investors on the acquisition of a 50 per cent interest in Sydney's World Square office complex, marking another investment by Japanese institutions in Australia's commercial real estate market.

The transaction involves A-Grade office buildings at 680 George Street and 50 Goulburn Street in Sydney's central business district. According to Kara Capital, the acquisition was completed at a valuation representing a 60 per cent discount to the estimated replacement cost, with a capitalisation rate of 7.5 per cent.

The office assets form part of the World Square mixed-use precinct and comprise approximately 67,700 sq m of net lettable area across 45 levels. The buildings are currently 93.4 per cent occupied, with tenants including New South Wales Government departments and other national and multinational organisations.

Kara Capital said the Midtown precinct continues to benefit from improved connectivity through Sydney Metro and light rail infrastructure, while limited future office supply supports the long-term outlook for the market.

The acquisition reflects increasing interest among Japanese corporate investors in Australian office assets as valuations in Sydney and Brisbane stabilise following recent market corrections.

"For Japanese corporate investors, one of the greatest challenges of investing overseas is the information gap," said Nazmi Camalxaman, Managing Director, Kara Capital. "Our mission is to be an honest, transparent, patient and trusted deal sourcing partner for Japanese corporate investors, connecting them with best-in-class managers and highly selective deals so they can invest in Australia with confidence."

Kara Capital said it focuses on supporting Japanese investors by providing market insights and facilitating access to commercial real estate opportunities in Australia.

Real Estate

21 Jul 2026

ANDPL launches AI assistant for Dharavi residents

Adani Navbharat Developers (ANDPL), the special purpose vehicle implementing the Dharavi Redevelopment Project (DRP), has launched Dharavi Didi, a 24x7 AI-powered digital assistant to provide residents with official information on the redevelopment programme.Accessible through video calls, voice calls and WhatsApp, the platform enables residents to obtain information on surveys, eligibility, documentation, rehabilitation and project updates in Hindi, Marathi and English. Support for Tamil, Telugu and Gujarati is planned in the coming months.According to ANDPL, the initiative is intended to imp..

Indobell Secures Domestic Order For Nodulated Wool

Indobell Insulations Limited (Indobell) has disclosed that it has secured a domestic order from Sundaram Brake Linings Limited (Sundaram Brake Linings) for the supply of nodulated wool valued at Rs 48.74 mn. The company submitted the disclosure to BSE Limited on 17 July 2026 under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 and related circulars. The filing identified the purchaser as a domestic entity and described the contract as a standard supply agreement to be fulfilled over a specified timeline. The order carries payment terms of 45 days by..

PTC Secures BrahMos Order For Strategic Missile Subsystem

PTC Industries Limited has received a landmark order from BrahMos Aerospace Private Limited for development, integration and supply of a strategic missile sub-system for the BrahMos programme. The order marks the company’s first major assignment in systems-level integration and represents a strategic move further downstream in the aerospace and defence value chain. The award reflects BrahMos Aerospace's confidence in PTC’s engineering depth, manufacturing discipline, quality systems and execution capability. The development opens a new chapter as PTC transitions from supplying critical mat..