Private schools trade historic campus
The historic Bostock House has traded between two of Geelong’s best-known private schools. Geelong College is believed to be paying
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GIC buys controlling stake in five malls
Singapore sovereign wealth fund GIC has bought a 90 per cent stake in five neighbourhood shopping centres. The $225 million
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Cadence, Fife trade Melbourne industrial sites
EXCLUSIVE Fife Capital has agreed to buy neighbouring sites in a logistics estate taking shape in Melbourne’s outer south east
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ESR spends $52.5m for Melbourne warehouse
Centuria has ended well in the black selling a major Melbourne industrial investment bought nine years ago by Primewest, which
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Sherpa secures second Brisbane site
GreenFort Capital with two offshore investment partners has sold the site it bought four years ago for its maiden build
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Data centre giant buys $350m Melbourne site
The McMullin family has banked an extraordinary capital gain selling a business park site to Blackstone-controlled AirTrunk, which is planning
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Stake in CBD Westfield office fetches $226m
Hong Kong-listed Link REIT has divested a stake in its maiden Australian asset – bought months before the COVID lockdown.
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DoorDash chooses revamped office for HQ
Mirvac, on behalf of China Investment Corporation, and M&G Real Estate, have filled just over 10,000 square metres of a
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Former AFL star’s Melbourne hotel sold
A suburban Melbourne hospitality venue linked to ex-Richmond footballer Kayne Pettifer has sold to an occupier. The former Bungalow Beer
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Ex-Siemens office bought for Chinese car dealership
A Lower North Shore office for years owned and occupied by Siemens has sold to a Chinese EV dealer. The
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Lendlease, Macquarie trade $22m secure storage facility
A seven year old records management and data back-up facility in Perth’s north has traded between heavyweight investment houses. The
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Aviator swoops on another Queensland office
Aviator Capital has boosted its regional portfolio buying an office in the town considered North Queensland’s capital. The dual Brisbane-Sydney
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House of Golf expands with new Melbourne distribution centre
The House of Golf has leased a Melbourne distribution centre. The recently completed building (pictured, right) at 12 Rosebride Place,
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NRL circles $100m Sydney hotel
The National Rugby League is understood to be weighing another significant property acquisition. The code is undertaking due diligence on
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Revelop snares west Sydney Woolworths, 7-Eleven
EXCLUSIVE Revelop has bought a shopping centre nine kilometres west of its Parramatta headquarters following an off-market deal. Prospect Central,
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Dustin Martin, Ralph Carr reoffer historic Melbourne investment
EXCLUSIVE Three time Richmond premiership player Dustin Martin and his long-time manager Ralph Carr are again testing the market with
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Grace Bros store turned hotel changes hands
A hotel built into a c1937 Grace Bros store opposite Broadway Shopping Centre in Sydney’s inner west has sold. A
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Lendlease, pension fund target Japan with $1.1b investment vehicle
Lendlease has teamed with Dutch pension fund manager PGGM to pursue value-add opportunities across Japan’s logistics and office sectors. The
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Roche family sell major coastal Adelaide site
The Roche family has sold one of Adelaide’s largest remaining coastal residential development sites. Brisbane-based Urbex, the property development arm
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JV acquires major free-range poultry operation
One of Australia’s largest free-range broiler chicken farming operations has been bought by a joint venture between poultry infrastructure specialist
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Neighbouring 7-Eleven, Starbucks sell for $10.2m
Nic De Luca has sold neighbouring near-new assets in Brisbane’s inner-north. The convenience retail investment – a 7-Eleven – and
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Deltine lines up ninth motel after seventh buy
Deltine’s High Yield Motel Fund has acquired its seventh asset as it continues an aggressive regional expansion. The four-star Drovers
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Developer lists new high-profile childcare centre
Childcare investor and developer Mark Pernell has listed a new centre in Melbourne’s north. The Eden Academy backed asset at
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High-profile Melbourne warehouses sold in one line
A high-profile retail-warehouse investment beside the enormous Frederick Romberg-designed ETA factory, in Melbourne’s inner-west, has sold to one buyer after
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Brisbane cold store collects $8.2m
A city-fringe cold store investment has sold between private investors, The deceased estate’s 40 Curzon Street, Tennyson, collected $8.2 million
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IFM, UniSuper win approval for $3.9b business park
IFM Investors and UniSuper have been given the green light to build an industrial estate opposite the entrance to the
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Apartment site finds new life in data centre boom
ASX-listed Macquarie Technology Group has agreed to pay $240 million for a Sydney data centre campus site. The deal for
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Fleetwood buys another Pilbara asset
Fleetwood Ltd has bought another Pilbara worker’s accommodation investment. The ASX-listed group paid the developer and occupier, engineering giant, Bechtel,
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ESR secures padel club to Sydney warehouse
One of the world’s fastest-growing sports has driven an unlikely Sydney industrial lease. Place of Padel has committed to the
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Developer pays $15.6m for Adelaide site
MRS Property has sold a Klemzig residential development site. Actually two neighbouring holdings, 24-46 Boucaut Avenue and 67-75 Windsor Grove
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Arcare buys another Melbourne site
Aged care accommodation operator Arcare has bought another Melbourne development site. The Knowles family-controlled group is speculated to have paid
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Melbourne quarantine facility reopens as flash hotel
An inner-city Melbourne hotel linked to one of Victoria’s biggest quarantine outbreaks has reopened under an international brand – six
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Samdoo pays $29m for Brisbane hotel
A South Korean-backed investor has boosted its Australian hotel portfolio with a prominent city fringe Brisbane asset. Samdoo Corporation has
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M&G pays $440m for stake in two logistics estates
M&G Real Estate bought a 49.9 per cent stake in two east coast logistics estates from Stockland. The London based
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Perth data centre, office trades for $13.1m
Baron Property Group has sold a 15 year old data centre and office investment off-market. The $13.13 million result for
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Boldstone buys Gold Coast commercial site
Boldstone has picked up a Gold Coast site with plans for a commercial mixed-use project (artist’s impression, right). The 6072
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Riverlee fills more of Melbourne health hub
Riverlee has filled more of a suburban Melbourne medical centre being built speculatively. Four Corners Medical has committed to 450
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Melbourne office sold for BYD dealership
Car dealership executive Darren Bourke has bought a vacant suburban Melbourne office with plans to repurpose and relet it as
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Neighbour snaps up historic Melbourne church
St Mary’s Coptic Orthodox Church has bought an inner-city Melbourne church less than two years after redeveloping its nearby campus.
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Repurposed Moonee Ponds Theatre sold
EXCLUSIVE A historic cinema concealed behind a nondescript retail façade in Melbourne’s north-west has changed hands. The ex-Moonee Ponds Theatre,
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EdTech group shifts HQ within Hawthorn
Education technology – or EdTech – group, Compass, is relocating its headquarters within Hawthorn. The company, responsible for amongst other
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M&G sells boutique Melbourne hotel
M&G Real Estate has sold an inner-city Melbourne hotel held just over 10 years. A Singapore trust managed by the
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Singapore giant buys maiden Perth industrial investments
Singapore-listed industrial landlord AIMS APAC REIT has made its first Western Australian acquisition – outlaying $42.7 million. The REIT’s Australian
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Serenitas buys another LLC site
Serenitas – owned by Mirvac, Pacific Equity Partners and Tasman Capital Partners – has acquired a land lease community site
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Historic Queensland cattle station sells for $70m
One of Queensland’s largest and most historically significant cattle stations has changed hands for $70 million. Nappa Merrie, a 727,700
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Sam Arnaout banks $500m for NSW hotel portfolio
MA Financial-backed Redcape Hospitality has struck Australia’s largest freehold going-concern hotel deal, acquiring a portfolio of nine New South Wales
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Melbourne asset manager sells city fringe Adelaide office
Peak Equities has sold a north Adelaide office/warehouse bought six years from Spotlight Group with an unusual leaseback. The Melbourne
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Centennial snaps up outer Sydney industrial sites
Centennial, with Pirrama Capital Partners, has snapped up an industrial site beside the St Marys Intermodal Terminal, on Lee Holm
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Melbourne Centrelink sells for $14.5m
An inner-city Melbourne Centrelink with significant development upside has sold for $14.5 million off-market. The result for 75 Moore Street,
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Brisbane Centrelink flipped after repurpose
An ex-Centrelink bought and repurposed last year as a medical centre and offered fully let has been flipped for $10.1
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Stockland bulks size of Brunswick project
Stockland is seeking to almost double the number of apartments planned for a Brunswick timber yard it bought in 2020.
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Brookfield fills more of Melbourne business park
Brookfield Properties has secured two more occupiers to a business park in Melbourne’s south east growth corridor. Third-party logistics operator
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Singapore giants trade $277m Melbourne industrial portfolio
ESR has agreed to buy five Melbourne logistics assets from Frasers Property Industrial – a long-time co-investment partner. For the
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Paul Lederer, Stadia trade Brisbane offices
LDR Capital, on behalf of the Capital Partners Fund, has sold two suburban Brisbane offices to Stadia Capital. The $65.5
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Hickory buys notorious waste dump
An industrial site which became one of Victoria’s largest illegal waste dumps has sold. Construction giant Hickory is believed to
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Amazon chooses site for 200,000 sqm distribution centre
Amazon has secured a strategic Sydney site to build one of the country’s biggest robotics-enabled fulfilment centres. The US-based online
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Mirvac sells St Kilda Road office
Mirvac has suffered another hit selling an office, this one in Melbourne’s city fringe. The ASX-listed developer is banking $130
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Morgan Stanley makes maiden Australian retail play
Morgan Stanley on behalf of its Real Estate Investing arm, has made its maiden Australian retail investment, taking a stake
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Ex-Courtney & Patterson dealership sold
Marwood Property has bought its second Melbourne development site in a week – this time in the north east. The
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Historic college conversion sold
Precept Property Partners has acquired a landmark heritage commercial complex in the heart of Ipswich on behalf of a private
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Australia Post sells distribution centre with a leaseback
Australia Post has sold the first asset from a $400 million-plus logistics portfolio listed in April. Pittwater Industrial has secured
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Mirvac, Perron sell historic ex-Reader’s Digest HQ
Mirvac and the Perron Group have sold their jointly owned commercial building – the ex-Reader’s Digest HQ – off-market. The
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Assembly, PGIM buy another major shopping centre
The Lowy family backed Assembly Funds Management has teamed with PGIM Real Estate for another shopping centre, this time in
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Brisbane western growth corridor retail centre sells for $12.7m
Buyer’s agency Rethink Investing has bought a large-format retail centre in Brisbane’s western growth corridor. The eight year old asset,
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Telstra sells Melbourne exchange to developer
Telstra has sold another outgoing telephone exchange to a developer. The ASX-listed telco is reaping about $1.7 million, sources say,
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Sporting Globe owner buys historic Melbourne pub
EXCLUSIVE The Francis family’s 35 year stewardship of one of Melbourne’s better-known suburban gaming hotels has come to an end,
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DOMA quietly snaps up controversial skyscraper site
DOMA Group has bought a Brisbane CBD development site where a proposed 91-storey apartment tower was abandoned after engineering constraints
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CDC Property Consultancy merges with US-based Nova Group GBC
CDC Property Consultancy has merged with Minneapolis-based Nova Group GBC, adding environmental advisory capabilities to a business to date focused
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Asset manager snares growth corridor homemaker centre
Centennial is paying a bullish price for a Sydney growth corridor bulky goods centre which last sold 20 months ago.
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Mitsubishi’s MEC grows industrial portfolio
Goodman has divested another major logistics asset, this time in Sydney. Mitsubishi Estate’s investment management arm MEC Global Partners Asia
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Operator buys train station turned restaurant
The Big Easy Group has bought a heritage protected train station turned restaurant listed last year for sale or lease.
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Gandels drop $17m for property neighbouring sculpture park
John and Pauline Gandel have expanded their Point Leo holding on Victoria’s Mornington Peninsula. The couple are paying $16.75 million,
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Melbourne day hospital sold
The strata-titled Sir John Monash Private Hospital at Clayton has sold. The $7.65 million result for suites 15-21, occupying part
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Macquarie-backed LogiSPACE buys maiden Queensland asset
Unison Projects has sold adjoining industrial development sites to Macquarie Asset Management-backed LogiSPACE – banking a major profit after three
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Perth office trades for $6.8m
A prominent East Perth office has traded between investors for $6.75 million. The four level building at 130 Royal Street on
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Inner-city Melbourne warehouse fetches $11m
A major inner-city Melbourne industrial investment has traded for about $11 million. Spanning 5760 square metres, or 1.42 acres, 44
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Investors shift gears to automotive real estate: CBRE
With more than 21.6 million registered vehicles and net overseas migration of approximately 300,000 people annually, Australia’s automotive services sector
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Developer sells ex-HQ
Luxury apartment developer John Blackburne has sold an inner-city office held for 33 years and once occupied as the headquarters
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Developer buys high-profile Melbourne Officeworks
Officeworks’ days at 231 Kings Way in South Melbourne are numbered with the landlord selling the site to a developer.
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Gina Rinehart sells 22,700ha farm
A major cattle aggregation linked to Gina Rinehart’s pastoral interests has changed hands. Prominent Queensland Wagyu producer Laird Morgan and
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