Green Street Acquires Australian Property Journal to Expand Global Reach of Green Street News
Green Street, the leading provider of trusted commercial real estate intelligence and unbiased insights, has acquired Australian Property Journal – Australia’s premier publication for commercial property and residential real estate covering REITs, investment sales, and leasing transactions – to expand its global Green Street News offering. The growth of Green Street News into Australia will enable Green Street to continue its mission to empower the global commercial real estate community.
“This expansion marks the latest major milestone in Green Street News' growth and Green Street's overall mission to empower the global Commercial Real Estate community. We are breaking ground not only in a new country, but on a new continent to provide the most actionable insights to ourconsumer base of high-level CRE professionals. We've assembled an incredible team of journalists with a fast-paced breaking news workflow to bring our readers not only the best market intelligence, but the biggest scoops that they'll be able to read here before anywhere else."
– Jeff Stuek, Chief Executive Officer at Green Street
Australian Property Journal, published since 2003, covers the four core property sectors of office, industrial, retail and residential, as well as hotels and tourism, planning, legal and regulatory, rural and agribusiness, healthcare, aged care and retirement, and student accommodation. Comprehensive coverage is provided across all the major territories of Sydney, Melbourne, Perth, Adelaide, Brisbane, Hobart, and Canberra.
Nelson Yap, founder, owner, and lead journalist for Australian Property Journal, will join a new team of local journalists including Larry Schlesinger, Su-Lin Tan and Layton Holley. The team brings over 60 years of journalism experience with proven track records of breaking exclusives in the UK, South Africa, Hong Kong, Singapore, and across the Australian continent. Green Street will rebrand Australian Property Journal to Green Street News Australia which will bring global-level insights into the local investment strategies for subscribers.
Yap said: “After more than two decades of creating the leading online property publication in Australia, I am elated that Australian Property Journal has been acquired by Green Street, the world’s largest CRE publisher. As Australia’s oldest digital property news publication and first online member of the Australian Press Council, Australian Property Journal has built a reputation of breaking property news.
"Green Street will grow the publication on a global scale, which is a vote of confidence for the Australian media industry and will create jobs in journalism. Our new team of journalists will deliver the latest breaking news to inform and empower the global CRE community.”
Larry Schlesinger, Managing Editor for Green Street News Australia, also added: “I am delighted to be leading Green Street News’ expansion into the Australian market. We have assembled a fantastic team of real estate journalists who have decades of combined experience, and I am confident we will become the leading source of exclusive commercial real estate news in Australia for our subscribers.”
Green Street News Australia will bring global-level insights into the local investment strategies of subscribers. To learn more about the Green Street News Australia expansion visit greenstreetnews.com.
Australian Property was advised by Ted McDonnell, of McDonnell Advisory; along with David Leggatt and Andrew Du of Blue Rock Law. Green Street was advised by MinterEllison on the acquisition.
About Green Street
Green Street is the leading provider of actionable commercial real estate research, news, data, analytics, and advisory services in the U.S., Canada, and Europe. For nearly 40 years, Green Street has delivered unparalleled intelligence and trusted data on the public and private real estate markets, helping investors, banks, lenders, and other industry participants optimize investment and strategic decisions. The firm delivers exclusive market information, conclusion-driven insights, and predictive analytics through a SaaS platform. To learn more, please visitwww.greenstreet.com.
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