Woolworths secures Melbourne town centre site
Woolworths has quietly picked up the retail stake in a proposed Melbourne growth corridor mixed use project. Via development arm
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Billionaires lease entire new Melbourne office
INT.RE – the name since last year for Icon Developments – with Kajima Group and Zagame Property has secured a
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Chemist Warehouse executives buy another investment
National Retail Group – an affiliated families office established and backed by Chemist Warehouse executives – has bought another commercial
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Operator beats developers for beloved Melbourne nursery
Business owners have beaten developers to another infill Melbourne nursery – this time at Warrandyte. The Beasley family offered Beasley’s
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ESR banks $26.5m from industrial investment
ESR Group has quietly sold neighbouring modernised warehouses in Melbourne’s south east. The asset manager banked $26.5 million for the
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Occupier pays $26m for west Sydney warehouse
A local owner occupier has outlaid $26.1 million for a west Sydney industrial property tenanted until June. The price for
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Ex-Sydney Football Club director buys $33m office
Six months after selling Surfers Paradise’s Cavill Lane retail and entertainment complex, Phil Wolanski has bought an inner city Sydney
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Not for profits trade vacant Melbourne site
The Salvation Army has sold a large standalone warehouse until recently occupied as a store, in Melbourne’s south east. Another
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Developer buys apartment block for emergency housing
The philanthropic arm of Dubai based development giant Arada has paid $3.4 million for a south west Sydney apartment block
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Chemist Warehouse co-founder spends $80m on neighbouring knockdowns
Chemist Warehouse co-founder, Jack Gance, and his wife, Evelynne, have bought neighbouring knockdowns in one of Melbourne’s most exclusive streets.
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KordaMentha sells sprawling Adelaide office
KordaMentha Funds Management has sold one of two modern offices bought from Growthpoint in 2019 for a fund. The asset
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Operators trade $77m Sydney hotel
Marcello Colosimo has sold a sprawling Sydney pub bought in early 2022 as a restaurant and converted. Marlow Hotel Group,
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Coles backed pub, bottle shop fetches $20.5m
An inner city Adelaide hotel investment has sold for $20.5 million following a renovation. Also with a Liquorland bottle shop,
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Asset managers flip Adelaide mall
Greenpool Capital and Qualitas have sold one of two shopping centres co-purchased in 2021, in Adelaide. Local construction boss Richard
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Greystar profits from industrial on sale
Greystar has sold one of three industrial properties bought in 2022 from Brisbane construction boss Brett Walker. The US investment
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Council pays $17m for adjoining offices
Burwood Council has bought two neighbouring vacant west Sydney offices from UniSuper, which inherited them merging in 2022 with Catholic
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Ex-Sydney Kings HQ leased to club founder’s son
Founder of basketball jersey, footwear and apparel retailer Throwback, Michael Lazaris, has leased a major piece of a heritage listed
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Laundy family sell West Gosford pub after a decade
The Laundy family has more than tripled its outlay selling West Gosford’s Settler’s Tavern after a decade. The buyer, Damian
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Apartment developer buys South Brisbane site
Sherpa Group has paid $14.9 million for a South Brisbane site. The Gold Coast based developer has already lodged plans
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Bank of Queensland shifts HQ back to town
The Bank of Queensland, which also controls the Virgin Money brand, will move headquarters to the CBD after 10 years
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Castle adds another Melbourne pub to book
The five year old Mona Castle Group, previously known as Castle Group Hospitality, has added another inner city pub to
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Developer snares Northern Beaches block following policy change
Inca Property Group has swooped on a Mona Vale apartment block recently approved for a higher density project. Offered as
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Chris Lucas flips historic building after a year
Chris Lucas has quietly sold the city’s historic Maria George Building. The restaurateur only bought 179-181 Flinders Lane mid-last year,
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Time & Place snare prominent inner-city site
Time & Place has snapped up a prominent inner city Melbourne office/warehouse for a new arm. The asset manager and
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Centennial sells Melbourne distribution centre after three years
Centennial has sold a south east Melbourne distribution centre acquired three years ago with a leaseback. Now vacant, 20-50 Waterview
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Receiver sells another APH asset
Receivers for Australian Property Holdings, which collapsed late last year, have sold a sprawling office in Melbourne’s east. The 2314
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Hale secures Brisbane, Sydney industrial investments
Hale is buying two more industrial investments. In the biggest deal, the asset manager and developer is in due diligence
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School flips historic homestead after slicing yard
The exclusive Brisbane Boys’ College has sold the historic Goldicott House after slicing off a 6629 square metre chunk to
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Farm bought for $167,000 sold to developer for $70m
A syndicate has bought an enormous Melbourne farm with plans for a data centre. The 21 hectare site, 185 Brookville
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HMC sells Sydney Bunnings after five years
HMC Capital is selling a Bunnings investment acquired five years ago from the Canberra Raiders. The asset manager will finish
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Mirvac sells site of flooded shopping centre
Mirvac has sold the site of the Toombul Shopping Centre, damaged in the 2022 floods and never reopened. The asset
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Cadence, CapitaLand trade $102m distribution centre
EXCLUSIVE CapitaLand Ascendas REIT has quietly sold a major Brisbane industrial investment held a decade. Charlie Buxton’s Cadence Property Group
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Charter Hall eyes Bing Lee distribution centre, store
Charter Hall is believed to be in due diligence for a distribution centre and large format retail complex offered by
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Hometown sells Shoalhaven caravan park
The local arm of US based all age communities operator, Hometown, has sold a Shoalhaven region caravan park picked up
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Interstate investor swoops on Melbourne warehouses
An interstate investor has picked up a Melbourne industrial asset with two tenants on new five year leases with options.
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Mansion dubbed Brighton Town Hall for sale
The imposing four storey mansion dubbed Brighton Town Hall by locals is for sale again. Goldman Sachs co-head of Investment
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Occupiers trade $18m strata office
CareSuper has banked $17.8 million for the bulk of a five storey inner-city Melbourne building. The vendor seized control of
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Exceed reweighs portfolio
Exceed Capital has sold its first investment – a retail centre bought in 2017, in Brisbane’s outer south east. The
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Cromwell buys into Straits industrial portfolio
ASX listed Cromwell has bought a 19.9 per cent stake in Straits Real Estate’s Australian industrial portfolio. The $47.6 million
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Queensland Quest trades for $14.2m
Another Quest backed investment has sold, this time at Ipswich. The 4-star serviced apartment complex at 57-63 Warwick Road was
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Gorman leases neighbouring Melbourne store
Gorman has leased a store next to two it occupies in Melbourne’s Swanston Street. It has also reset a lease
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Agent turned asset manager buys west Sydney warehouse
Real estate agency owner turned asset manager, Marcel Elias, has bought a high-profile Eastern Creek office/warehouse for a mandate. The
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Unikorn buys retail, childcare investment
Unikorn Capital has bought a Central Coast retail and childcare centre investment. North Wyong Village, with an IGA, six specialty
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Singapore group buys, rebrands Brisbane hotel
The Jaleel family’s JD Property has bought its fourth Australian hotel – outlaying $34 million. The 4-star George Williams in
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New South Coast retail investment fetches $17m
A new South Coast convenience retail investment offered in three parts, sold to one investor. The Nowra complex (pictured, top),
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Gordon Corp sells Morayfield Village
Gordon Corp has sold a Moreton Bay large format retail complex bought five years ago from Kaufland. The Gold Coast
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Inner city Adelaide motel fetches $12.4m
A contemporary motel investment in Adelaide’s inner south east has sold on a second attempt. The Osmond Motel at 232
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Stu Horner buys Lismore pub, bottle shop
A fortnight since selling an interest in Rockhampton’s Gracemere Hotel, Stuart Horner has bought Lismore’s Goonellabah Tavern, commonly known as
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Council sells newly formed block
Brisbane City Council has sold a block of land created from a Moggill Road realignment, at Indooroopilly. The 4637 square
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Not for profit banks $24m from site
The Endeavour Foundation has sold a Toowoomba estate bequeathed to it. The 8.55 hectare rectangle shaped holding, 542-558 Hume Street,
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Two Guardian childcare centres for sale
Two Melbourne Guardian childcare centres have hit the market – weeks after three Goodstart backed assets in Queensland traded on
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Perth asset manager buys maiden Mackay sites
Baron Vanilla has bought maiden Mackay properties outlaying a total $35 million. The biggest, 25 John Vella Drive, Paget, set
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Developer sells Windsor Exchange
Griffith Group has sold the two year old Windsor Exchange, about 3.5 kilometres north of Brisbane. The large format retail
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Fox family buy golf course from Crown
The Fox family is believed to be buying Heatherton’s Capital Golf Club from Blackstone Group, which acquired it purchasing Crown
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AIRR HQ sells on 5.7pc yield
The rural headquarters of Elders subsidiary the Australian Independent Rural Retailers, sold at auction last month. The $7.5 million result
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Another Noosa shopping centre sells
OzProp has sold a Noosa Heads shopping centre held nine years for a fund. Noosa Junction Plaza at 81 Noosa
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Salvation Army HQ sold
The Salvation Army’s national headquarters, in Melbourne, has been sold by Accord Property. Perth based asset manager Ascot Capital is
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Woolies buys another Coles
Woolworth has quietly picked up a south west Sydney supermarket leased to Coles seven more years. The 2675 square metre
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Asset manager sells IGA-anchored mall
APIL has sold a Joondalup precinct IGA-anchored shopping centre after 12 years. The Perth based asset manager banked $16.88 million
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Melbourne warehouse trades at sub four per cent yield
A warehouse covering a small portion of a 5651 square metre block, in Coburg North, sold for $7.51 million –
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Prominent Brisbane pub fetches $50m
The Farquar family has sold the Caxton Hotel freehold going concern after 28 years. The Brisbane pub is believed to
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Hotel owner quietly buys neighbouring sites
Singh Enterprises has quietly snapped up sites either side of the Mercure Spring Hill, which it bought last year. The
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Green light for towers beside Crown Casino car park
Les Smith has won approval to develop two apartment towers – of 52 and 25 storeys – on a collection
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Family office sells new Adelaide warehouse
Commonwealth government owned Outback Stores has bought an Adelaide distribution centre which hit the market in May for sale or
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ASX listed group consolidates at Broadmeadows
Reliance Worldwide Corporation will consolidate from two distribution centres to another recently completed next door, in Melbourne’s north Broadmeadows. The
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Land lease provider buys Wangaratta site
Over 50s land lease community provider Lincoln Place has snapped up a site permit-ready for a 227-lot subdivision in Wangaratta’s
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Fortis buys Collins Street office from receiver
Fortis has made its maiden Melbourne CBD play, picking up an office listed last month by Suleman Group receiver KordaMentha.
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Modern west Melbourne shopping centre sells
Glen Gala Village Shopping Centre, in Melbourne’s west, has sold for the second time in just over three years. Worth
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Charter Hall fund boosts Bunnings portfolio
Charter Hall has bought four Bunnings outlets for the Retail REIT (CQR) – outlaying a total $151 million. Two were
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Nick Politis sells heritage Brisbane building
Nick Politis has sold Brisbane’s historic Heckelmanns building after nearly 10 years. The Sydney Roosters chairman is banking $19.4 million
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Dexus sells Melbourne warehouses to tenant
Dexus has sold two large adjoining south east Melbourne warehouses to one of the tenants. Dulux Group is paying $40
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Growthpoint sells Petrie Terrace’s The Barracks
Growthpoint has sold Petrie Terrace’s The Barracks mixed use complex, picked up with its takeover of Fortius Funds Management three
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Trophy warehouse converted office for sale, Melbourne
A warehouse converted office, developed in the late 1880s for bootmaker Charles Trescowthick, who employed more than 250 people, is
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ISPT sells Parramatta office
ISPT has sold a modern Parramatta office with a 28 per cent vacancy. The Barrington at 10 Smith Street is
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Publicans trade west Sydney hotel
Vikki Webster has sold the family’s Richard’s on the Park, at Canley Vale. Lewis Hotels, led by John Lewis, is
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Perth caravan park, Queensland Mercure find buyers
ASX listed Eureka Villages has swooped on another caravan park, this time in outer south east Perth. Hillside Garden Village
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Feros family secures border town pub
The Feros family has bought Albury’s Northside Hotel from Harvest Hospitality Group which bought the freehold going concern just after
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Lawson Park Hotel, Regent Theatre sold
Lawson Park Hotel and the neighbouring Regent Theatre at Mudgee, 240 kilometres north west of Sydney, have sold to separate
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Government sells five town centre sites
Development WA has sold five small town centre sites, all up covering 1.07 hectares, part of the Wellard housing estate,
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Occupier buys Flinders Lane shop
Cha Cheng Group has bought the ground floor retail space within a historic building, in the prime section of Flinders
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