Ronald McDonald House Charities buys Melbourne apartment block
EXCLUSIVE McDonald’s has dug deep for an apartment block to expand a Ronald McDonald House about to turn 40. The
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Fitzroy North warehouse quietly sold, fast tracked for redevelopment
JMSN, led by Sam Jamieson, son of Harry the Hirer founder, Rick, with the Liberman family backed Monark Property Partners,
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Hamilton Island sold for $1.2b
The Oatley family has sold Hamilton Island Enterprises for c$1.2 billion. Subject to Foreign Investment Review Board approval, New York
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Asset managers trade ex-Flight Centre HQ
Cromwell has sold a prominent underutilised Brisbane CBD office after nearly five years. The asset manager is taking a haircut
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Perdaman snares sixth asset
APIL, or Australian Property Investments Limited, has sold another asset, this time at Subiaco. The Subiaco Square office and retail
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Outgoing NBN HQ selling for $600m
Dexus is selling a major Sydney office after a second attempt. The 35 level tower, completed in 2019 at 100
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GPT seeds mandate with $47m student accommodation complex
The GPT Group has snapped up a warehouse converted student accommodation complex to seed a value-add mandate with an offshore
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School buys ex-piano factory with development permit
Singapore listed Optimus Holdings, until 2020 know as KLW Holdings, a diversified group also known in Asia for manufacturing doors,
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RAAFWA sells HQ to developer
The Royal Australian Air Force Association of Western Australia has sold its sprawling headquarters, also the Central Support Office, in
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Developer swoops on nursery
An industrial developer has picked up the Andreasens Green nursery on the Gold Coast’s outskirts, for $35.2 million. The 12.6
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GDI banks premium from UGL factory
GDI Property Group has sold a major Perth industrial investment. Covering 3.8 hectares across neighbouring sites, 5 and 15 Wood
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‘Summer Spotlight’ portfolio to reap $100m
A top four agency has again launched a marketing campaign over the new year period for a portfolio of social
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Aged care giants trawl new territory for assets
Two heavyweight retirement living accommodation providers bought major assets this month – each venturing into new territory. The largest property
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UniSuper, Fife trade $204.5m industrial portfolio
UniSuper has picked up three Brisbane industrial investments for a total $204.5 million. From Alan Fife’s Fife Capital, the group
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Kooyong Lawn Tennis Club shelves expansion plan
EXCLUSIVE The Kooyong Lawn Tennis Club has shelved plans to buy the 1.64 hectare Vision Australia office opposite its east
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Asset managers trade Brisbane medical centre
Dexus has sold a modern Clayfield medical centre after five years. The asset manager is taking a hit on the
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ART in play for shopping centre stake
SCentre is selling a stake in another shopping centre, this time in Sydney. The 19.9 per cent interest in Westfield
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QIC buys strata titled Sydney mall
QIC has purchased a strata titled retail investment, part of The Albany apartment complex, at Crows Nest. Over two levels, with 5294
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Centuria sheds Sydney office
Centuria has sold a Lower North Shore office purchased in 2006, when it was part of the Over Fifty Group
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Arcana swoops on B-grade city office
Arcana Capital has bought a Brisbane CBD office for about the same price it sold for 20 years ago. At
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Student accommodation giant buys Sydney site
Scape has picked up a permit-ready student accommodation site in Sydney’s inner south. The 2017 square metre State Significant Development
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Oreana divests trio of shops
Oreana has sold three new retail investments, part of the Farm Gate Local shopping centre, in Melbourne’s Clyde North. In
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Charter Hall bags another trophy Melbourne pub
In Victoria’s priciest pub deal this year, Charter Hall has snapped up the city’s Garden State Hotel, behind 101 Collins
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Bunnings trust selling Melbourne homemaker centre
BWP Trust is speculated to be close to selling one of six assets seized with control of the Newmark Property
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Woolworths buys another supermarket from landlord
EXCLUSIVE Woolworths has bought another supermarket from the landlord, this time in Melbourne’s east. The retailer is paying $16.35 million
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Dexus to co-develop landmark Boral site
Dexus will co-develop a landmark Melbourne site owned by Boral after a deal with Logos early last year didn’t proceed.
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Barings, Goodman trade west Sydney business park
Barings has settled on another industrial investment from Goodman. The Smithfield Industrial Estate, 28 kilometres west of Sydney, set it
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Investor doubles down in Windsor
An investor has outlaid $43.5 million for two neighbouring retail assets in Brisbane’s exclusive Windsor. In the most recent deal,
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NAB signs year’s biggest office lease deal
National Australia Bank has signed the country’s biggest office lease deal this year, renewing at its Docklands headquarters, held by
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EG buys east Melbourne business park
EG has quietly bought a Melbourne business park for its Private Wealth arm – and is selling a Queensland asset
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Co-living investment sets national unit price record
EXCLUSIVE Another inner-city Sydney co-living investment has sold, this time in Newtown. Following an off-market campaign, Affordable Habits is banking
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Quintessential eyes another Adelaide office
Quintessential is speculated to be eyeing another Adelaide CBD office. The 21 level building, 11 Waymouth Street, completed in 2007,
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Far East Consortium sells Ritz-Carlton stake
Far East Consortium has sold a half stake in Perth’s Ritz-Carlton. The c$100 million deal is with The Generation Essentials
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Alfasi family sell Brisbane base with a leaseback
Alfasi Hire has sold an Australia Trade Coast workshop and storage yard with a leaseback. The Alfasi family business is
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Billionaire sells landmark cattle station
Consolidated Pastoral Company has bought the Beetaloo Station aggregation – next to a cattle station it holds – from billionaire
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Dexus sheds $78m Sydney industrial investment
Dexus has sold another industrial investment seized with its takeover of AMP’s real estate and domestic infrastructure equity business two
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Bank turned health hub trades for $8.8m
A second sizeable Caloundra CBD property has sold in as many weeks. The ANZ Business Centre and bank, now a
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Victorian investors trade SA Woolies
Victorian investors have traded a Woolworths-backed shopping centre in South Australia’s second biggest city. The Mount Gambier asset, 145 Commercial
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Moree supermarket sold off-market
A freestanding Woolworths at Moree, a major agricultural centre with an established cotton growing industry, 630 kilometres north west of
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Avari divests major Melbourne warehouse
Avari Capital Partners has sold a major north Melbourne industrial investment acquired just before COVID. The asset manager is banking
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Modern Perth office/warehouse sells for $15m
An occupier is paying $15 million for a three year old office/warehouse in Perth’s north east. The deal for 17
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Goodman banks $63m from Melbourne site
EXCLUSIVE Goodman has turned an impressive profit selling the ex-Hella headquarters, in Melbourne, after seven years. Veres Property is the
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South west Sydney showroom fetches $29m
A sprawling gym turned showroom in south west Sydney – the site of a high-profile underground murder in 2018 –
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Barwon sells medical centre, gym before auction
Barwon Investment Partners has sold another asset from the Healthcare Property Fund, this time in Adelaide. The fund manager accepted
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Ryman shelves Mornington Peninsula aged care plan, sells site
Ryman Healthcare has quietly sold Mt Eliza’s historic Moondah estate – deciding against replacing the grounds with a high-density aged
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Dymocks sells major Melbourne office
Dymocks Group is close to selling a major Melbourne office held 11 years. Kokoda Property Group is speculated to be
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Blackfox secures modern logistics investment
EXCLUSIVE Blackfox has bought a distribution centre investment at Kooragang, north of Newcastle. The 3.24 hectare SP1 Special Activities zoned
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Plenary fills chunk of Footscray Hospital
Parkwood Green Medical has leased a large piece of a prominent office, part of the Footscray Hospital, nearing completion in
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Lindum, Stamford pick up two rundown Melbourne warehouses
Lindum Property Partners and Stamford Capital Investments have snapped up two neighbouring Melbourne industrial investments with repositioning upside. The blocks,
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Bernardi’s Marketplace Forbes sold with leaseback
The Bernardi family has sold the eponymous Marketplace Forbes with a 10 year initial leaseback. On 8461 square metres at
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Porter family sell outgoing Mitre 10 store
Clover Property Partners, a retail investment fund led by ex-agency directors, Mark Wizel and Lewis Tong, has snapped up a
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Growthpoint JV buys another asset
Growthpoint has added another investment to the Australian Logistics Partnership, majority owned by TPG Angelo Gordon. The 2.4 hectare Bundamba
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Dexus ups stake in Australia’s second biggest mall
Dexus has bought another 25 per cent stake in Westfield Chermside from SCentre Group. The deal is worth $683 million
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AV Jennings sells ex-Bunnings
AV Jennings has sold an ex-Bunnings warehouse after deciding to replace it with 761 apartments. The 2.55 hectare Mixed Use
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Kokoda snares trophy hotel from Jon Adgemis receiver
A liquidator for John Adgemis’ Public Hospitality Group has sold a high profile inner-city ex-State Bank, for 30 years a
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Council secures university to woolstore converted office
The City of South Sydney has secured the University of Notre Dame Australia to the ground, first and second level
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KordaMentha sells Woolworths anchored shopping centre
KM Property Funds has sold a modern, Woolworths anchored shopping centre in Adelaide’s north east. The Stables at Golden Grove
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Developer sells new co-living investment
A six storey co-living investment built in place of a commission house, on Sydney’s Lower North Shore, has sold. Botanic
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Robin Khuda buys two Melbourne sites for new business
Airtrunk founder Robin Khuda has snapped up two investments with development upside each side of Melbourne’s CBD. Via a new
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McDonald’s coming back to Puckle Street
EXCLUSIVE McDonald’s is coming back to Moonee Ponds after over three decades. The group is refitting a 435 square metre
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Charter Hall lines up three more malls
Vicinity is speculated to be selling three of its smaller regional shopping centres to Charter Hall for a total c$250
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Arcare buys another development site
The Knowles family’s Arcare has bought another development site, this time in Brisbane’s Moreton Bay. The Melbourne-based boutique aged care
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Fitzroy’s Acme factory sold, set for development
The Jacka family has sold the prominent Fitzroy warehouse converted office since the 1990s home to the Southern School for
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Ausbuild buys another Brisbane site
Ausbuild has bought its second Brisbane development site in as many months. The 2.18 hectare parcel, 260 and 280 Ridley
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Newmark buys VicRoads testing and inspection centre
Newmark Capital has bought a VicRoads testing and inspection centre for a diversified fund it seized control of in June.
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Asset managers trade Victorian tourist park
Equinox has sold one of two Victorian tourist accommodation villages bought in 2019. ASX-listed Eureka Group is the buyer: the
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Developer drops $12m for Toowoomba block
Boldstone has bought another Toowoomba housing estate site. The Brisbane based builder paid $12.15 million for the four hectare block,
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Billionaire family buy landmark mall, hotel
Forest Endeavour, controlled by the billionaire Lin family, also owners of Shayher Group, has snapped up a landmark Surfers Paradise
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Paul Lederer secures major campus-style office
Paul Lederer is buying a major campus style office in Canberra’s geographic centre. The Yaradhang Building on 1.04 hectares at
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EG sells Gold Coast’s Forum site
EG Funds has sold Surfers Paradise’s prominent Forum complex after deciding against replacing the site with two towers, of 72
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Asset manager doubles down in Prestons
Centennial has bought another major Prestons industrial investment. The 1.76 hectare IN3 Heavy Industrial zoned asset, 6 Ash Road, set
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Ex-George Weston Foods plant trades for $40m
A sprawling west Sydney office/warehouse has traded between occupiers for $40 million. Don Watson’s Coldstores has held 213 Newton Road,
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ISPT banks $230m from office stake
ISPT has sold a half interest in a prominent Brisbane’s CBD skyscraper, ending 18 years of sole ownership. Singapore-based Aravest,
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Occupier offloads Perth sites after 30 years
Two properties at the top of Perth’s CBD, owner-occupied for over 30 years by Asian supermarket, Lucky Import and Export,
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Record price paid for ex-CQU office
A rural office – years ago owner-occupied by Central Queensland University – has sold for the list price. The result
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QIC sheds Adelaide investment
QIC is selling a major north Adelaide industrial investment after nearly a decade. The 4.57 hectare asset, 281-301 Grand Junction
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RM Capital drops $20m on Sunshine Coast offices
RM Capital, the investment management arm of RM Developments, has bought two Sunshine Coast offices. In the biggest deal the
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Eldercare buys luxury aged care complex
Eldercare has bought a luxury aged care complex in Adelaide’s inner north west Findon. The $68 million Livewell by Aura
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Not for profit sells prime Tweed Heads site
The Uniting Church of Australia has sold a prominent Tweed Heads site which until a decade ago accommodated a Blue
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Centuria takes over $444m agriculture fund
Centuria Capital Group has bought Arrow Funds Management, the responsible entity behind the unlisted Arrow Primary Infrastructure Fund. The off-market
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