End of an era as Dougherty family sell Grafton hotel
The Dougherty family has sold Grafton’s Clocktower Hotel – built 18 years ago on the site of the Parkview Hotel
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University buys $72.3m office
Edith Cowan University is set to expand its footprint in central Perth, agreeing to buy a five year old office
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Maling Road Post Office repurposed
The former Maling Road Post Office, in Melbourne’s leafy east Canterbury, has been repurposed. The c1908 building at the south
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Nic De Luca lists another piece of Berrinba Central
Deluca Corporation has listed a recently completed healthcare investment, part of Berrinba Central, in Brisbane’s south. The two level asset
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Wolfdene enters industrial sector via two Melbourne sites
Wolfdene has expanded into the industrial sector acquiring two Melbourne sites where it intends to deliver about $330 million worth
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Deka divests Brisbane office
Deka Immobilien Investments has sold a prominent Brisbane CBD office after six and a half years. Central Plaza II at
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Laundy syndicate buys Upper Hunter hotel
The Imperial Hotel Singleton in the Upper Hunter has sold to a syndicate of publicans including Arthur Laundy, Craig Laundy
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Cosgrove buys regional Queensland Harvey Norman
Banjo Bond’s Cosgrove Group has bought a part-revamped large format retail investment 130 kilometres south west of Brisbane. The 7502
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Gold Coast aged care home sold on second attempt
The Gold Coast’s Cotlew Manor has sold after a buyer which bought the property at auction in October failed to
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Brookfield offloads Brisbane BTR site
Red & Co has acquired a build to rent apartment development site from Brookfield Asset Management. The 7401 square metre
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Sentinel records first “nil return” as retail trust winds up
Sentinel Property Group has sold the DFO Cairns shopping centre, with investors in the holding trust losing about $29 million.
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Conquest buys waterfront Whitsundays site
Conquest Group founder Michael Akkawi, via a family office, Cedar Private, has bought his first significant Queensland site – on
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Former JB Hi Fi executive banks $30m for waterfront pile
Former JB Hi Fi executive Richard Bouris and his wife, Alison, have quietly sold a contemporary waterfront home in the
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Holcim sells landmark site with part leaseback
Kinkora Investments has snapped up the first asset for a $500 million Starwood Capital backed mandate. The 12.47 hectare holding,
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Roxy Jacenko lists ex-Sweaty Betty HQ
Public relations entrepreneur Roxy Jacenko is selling the swank terrace converted office which for eight years until 2022 accommodated her
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Kinkora sells high profile Melbourne asset
Kinkora Investments has sold a south east Melbourne office/showroom/warehouse after 21 months. The asset manager until recently known as KM
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TE secures swag of tenants to Queen Street
TE Capital has secured five tenants to a Melbourne CBD office it is renovating near the legal precinct. The Australian
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Billionaire settles on St Ives mall, land
Billionaire publican Sam Arnaout has settled on the purchase of Sydney’s St Ives Shopping Village and 12 adjoining blocks. Worth
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Witches in Britches site closer to being developed
Jinding will shortly know whether it can replace the former Witches in Britches restaurant with a four storey office. The
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Pikos buys three Newstead sites
Pedro Pikos bought three apartment development sites in Brisbane’s inner north east Newstead, outlaying a total c$60 million. The largest
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Why healthcare is leading the next investment cycle: CBRE
CBRE’s Australian Healthcare & Social Infrastructure team says Australia’s commercial property market has entered a period of uncertainty, but the
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Otis leases Fishermans Bend space
Otis Elevator Co. has leased an office/warehouse in the Fishermans Bend employment precinct. The international lift company committed to 854
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Oscars pays $54m for west Sydney hotel
Oscars Group has acquired a south west Sydney pub for $54 million. The South Terrace Hotel at 280 South Terrace,
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Holdfast doubles down in Darwin
EXCLUSIVE Holdfast Funds Management, formed mid-last year and chaired by former Vicinity Centres chief executive Grant Kelley, has bought its
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Ascot snares Wagners portfolio
ASX listed Wagners Holding Company has sold three Queensland warehouses with leasebacks. The construction materials supplier banked $43 million for
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Two luxury bathhouse operators secure prime Melbourne sites
Two wellness centre operators have secured prominent inner-city Melbourne sites – a response to a recent surge in demand for
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GreenFort buys site for modular home estate
GreenFort Capital has bought a major Northern Rivers site with plans for a modular home estate. The Brisbane-based asset manager
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Seven Entertainment banks $25m for CBD site
Seven Group Holdings has sold a central Perth development site for $25 million. The 3,334 square metre parcel, known as
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Ipswich motel fetches record price
Deltine has settled on another regional hospitality investment for the High Yield Fund. The Country Motel Ipswich set it back
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Apartment developer snares neighbouring Drummoyne homes
Central Element is the latest developer to acquire a Sydney site from separate owners. The 1700 square metre holding, 15-21
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Victorian council sells KFC restaurant
EXCLUSIVE A Victorian council has sold a recently renovated high-profile fast-food investment for $4.875 million. The result for the KFC
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Another Melbourne council buys home site for parkland push
EXCLUSIVE A Melbourne council has bought three neighbouring homes near a strip retail precinct, to repurpose for a park. The
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DWS buys swank Sydney office
Funds managed by Germany’s DWS Group have acquired a stake in an A-grade Sydney CBD office for $182 million. DWS
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Queensland Officeworks trades for $14.5m
A northern Queensland Officeworks has changed hands following an expressions of interest campaign closing late last year. The Hermit Park
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Council banks $7.8m from residential subdivision
Blacktown City Council has banked $7.82 million for 10 subdivided sites at Cinnamon Gardens estate at Riverstone, west of Sydney.
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Salta to develop harbourfront Docklands site at last
Salta Properties is ready to develop a spectacularly located Docklands site held 17 years. The group has just won permission
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Trilogy sells Mackay warehouse after extension
Trilogy Funds has sold a Mackay industrial investment after eight years, an extension and revamp. The asset manager also renewed
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Green light for $1.1b Melbourne industrial estate
IFM Investors, which in December took over ISPT, has won permission to start replacing a major Melbourne farm with a
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QIC sheds balance of Adelaide industrial portfolio
QIC has sold the last three properties from a portfolio of Adelaide industrial investments listed last year. Local asset manager
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Buckland House set for extension, repurpose
Keppel has secured a warehouse at Chippendale with plans to repurpose it as a co-living investment. Buckland House at 19-21
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Asset managers trade stake in Adelaide’s biggest mall
JY Group is speculated to be in advanced negotiations for a half stake in Adelaide’s largest and only Super Regional
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Deltine buys Coffs Harbour motel
Deltine Capital has bought a fifth asset for the High Yield Motel Fund, which launched in 2023. The waterfront Observatory
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Ghassan Aboud lists trophy hotel
Syrian billionaire Ghassan Aboud has listed one of Brisbane’s most distinctive luxury hotels after five and a half years. The
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Austal leases waterfront Fremantle office
Global shipbuilder Austal has leased the final two floors of the waterfront Marine House in Fremantle, bringing the building to
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School buys ex-noodle house
A retail property in a tightly held Asian hospitality precinct has sold to an adult education provider which plans to
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Guy Grossi sells Melbourne hotel
Recently retired restaurateur Guy Grossi has taken a hit selling a historic Melbourne hotel after three and a half years.
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Mackay childcare centre trades at 5.8pc yield
An Imagine Childcare and Kindergarten backed essential services investment in Mackay’s north Andergrove has sold. The $6.45 million result for
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Asset managers trade Perth warehouse
QIC and Fife Capital have sold another co-held industrial investment, this time in Perth. The Welshpool holding, 2-10 Kewdale Road,
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Stockland buys Melbourne housing estate site
Stockland has bought a permit-ready housing estate site in Melbourne’s north east. The deal for the South Morang parcel –
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United Petroleum co-founder lists Mornington Peninsula retreat
United Petroleum co‑founder Avi Silver has put his Mornington Peninsula retreat on the market. The contemporary Merricks North home on
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Spotlight buys LFR investment
Spotlight Property Group has bought a large format retail investment at Moorabbin Airport. The sale price for the Moorabbin Retail
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Russo buys Brisbane large format retail investment
Russo Investments has quietly bought a large format retail asset, in Brisbane’s north. The 7271 square metre Virginia holding, 2043 Sandgate
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City investors trade small South Coast mall
A Melbourne investor has sold a NSW South Coast shopping centre held five years. Tuross Head Shopping Village at 38-52
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IMG spends $160m for Tamworth pub portfolio
IMG Hotels has acquired five pubs in Tamworth for a combined $160 million. The Longyard Hotel, Southgate Inn, Family Hotel,
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Melbourne institution the Vegie Bar sold before auction
EXCLUSIVE The buildings which since 1988 have accommodated the popular Vegie Bar have sold before auction. The hospitality group buyer
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Developer secures another business to ex-Lunar Drive-In
Racking Supply Australia has consolidated its Melbourne operations to a Dandenong South office/warehouse leased last year initially for its Dexion
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Martin family sell Adelaide shopping centre
The Martin family has sold the Pelican Plaza at Ridgehaven, 15 kilometres north east of Adelaide. The 1.2 hectare asset
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Ex-Ford factory reborn as industrial estate
A chance to own a piece of motoring history has come up, with Pelligra Group beginning to replace the ex-Ford
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Fawkner buys Melbourne HQ from landlord
Fawkner Property has bought the A-grade office it rents for its headquarters. On a double sized block in the part
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Woolworths sells 10 assets to billionaire family
Woolworths Group has sold 10 retail investments in one line – part of a program to recycle real estate capital.
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RSL snaps up $30m hotel
Waverley RSL Sub-Branch has acquired the ibis Melbourne Glen Waverley for more than $30 million, securing a long-term base in
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Investors swoop on $10m childcare centres
Two Sydney childcare centre investments have traded for about $10 million apiece. At St Marys, a five month old, 104
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Flagstone industrial site sold for $15m
Norhart Developments has bought an industrial development site in the Flagstone Priority Development Area at North Maclean. The 20.25 hectare
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Time & Place quietly buys inner-city Melbourne site
Time & Place has bought two modern, low rise offices from separate owners, with plans to replace the amalgamated site
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Toorak apartment owners unite, sell to developer
The owners of six strata titled apartments in Toorak have united to sell the block – including common areas –
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Site of former Enigma Bar changes hands
A prominent corner site in Adelaide CBD’s West End has changed hands. The Manera Building at 167A-173 Hindley Street on
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Strata owners unite, sell block for $130m
Danny Avidan’s Dare Property Group has bought a major waterfront development site – an underutilised block of flats – after
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Offshore investors trade Sydney office
Offshore investors have traded a B-grade Sydney CBD office with development upside for $29 million. Singapore based ST Real Estate
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Malaysian developers trade Sydney apartment site
A Malaysian consortium has acquired a permit-ready development site in Sydney’s Macquarie Park. A vehicle linked to Bursa listed Eco
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HMC swoops on two east coast malls
HMC Capital is buying two east coast malls for a retail fund. South of Sydney, the group is paying $71.5
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Interstate AFL club leases Docklands space
AFL club the Brisbane Lions has leased a prominent ground floor space at an A-grade office opposite Marvel Stadium’s southern
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Australian Unity fund sheds renovated WA mall
Banjo Bond’s Cosgrove Group has acquired the Busselton Central shopping centre from an Australian Unity fund. The neighbourhood mall, 30-35
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Mazen Tabet buys another Melbourne boutique hotel
Mazen Tabet has quietly acquired one of Melbourne’s most luxurious boutique hotels – paying $1.67 million per suite. The freehold
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Offshore hotel investors trade Melbourne site
DoubleDragon Property Corp subsidiary Hotel 101 has bought a permit-ready hotel development site exposed to two Melbourne CBD roads. The
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Collective buys Melbourne growth corridor healthcare investment
EXCLUSIVE Collective Capital has bought an 18-month-old healthcare and wellness investment with development upside in Melbourne’s north. The asset at
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Area 51 to expand into ACT
Marking its entry to the ACT, family entertainment operator Area 51 has signed a long-term lease for a large format
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Industrial heavyweight funds Darlinghurst health initiative
St Vincent’s Hospital Sydney will establish an Urban Health Hub in Darlinghurst supported by a $10 million contribution from the
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Dean Petrie leases showroom for X-Golf club
Dean Petrie has leased another Perth property for an X-Golf club. The membership-only sports entertainment venue business will open at
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Centennial, Terraplex trade Melbourne industrial assets
Terraplex has bought a major four-warehouse industrial investment in Melbourne’s north with plans to sell it down for a profit.
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Gallaghers buy Neutral Bay’s Oaks Hotel
Patrick and Angela Gallagher have bought the Oaks Hotel in Neutral Bay, ending about five decades of ownership by the
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