Hale snaps up major Melbourne business park
EXCLUSIVE Six weeks after raising $800 million for an opportunistic fund targeting last mile logistics investments, Hale Capital Partners has
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Melbourne asset manager flips car yard after six months
Melbourne asset manager Plantation Capital has banked an impressive capital gain flipping one of two car yard investments bought six
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Growthpoint eyes Greensborough Plaza
Blackstone is understood to be close to selling Greensborough Plaza, marking its exit from the Australian retail sector. It could
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Toll warehouse fetches $11m
The Scaffidi family has sold a former Hoepners Transport facility held five years. Nowadays occupied by Toll Transport, the 1.33 hectare
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Exceed lines up Sydney Olympic Park office
Exceed Capital has entered negotiations to buy a Sydney Olympic Park office leasehold from Charter Hall. The six level building
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Neighbouring Landsdale sites trade for $33.5m
Neighbouring Landsdale industrial properties including one housing the 70 year old Bill’s Machinery business, with its famous red and white
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University, law firm establish on-campus office
A Melbourne law firm has established an on-campus office within RMIT. The first partnership of its type for the university’s
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Melbourne’s north enters a new industrial recalibration: Colliers
Melbourne’s northern industrial corridor is entering a new stage of market evolution, with more than $515 million in large-format land
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Eureka spends $14.1m on Victorian holiday villages
Brisbane based land lease community focused Eureka Group Holdings has bought two Victorian assets. The priciest, Frenchview Lifestyle Village at
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Nick Politis buys Sydney’s Chopard store
The Australian Federal Police has sold a prominent Sydney CBD retail property seized under proceeds-of-crime laws. Nick Politis bought 119
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Arthur Laundy doubles down in Woy Woy
Harvest Hospitality has sold the Woy Woy Hotel after five years and a renovation. The group is in the black
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Australia Post opens Brisbane’s largest air and speed parcel hub
Australia Post has opened its largest air and speed distribution centre, spanning 78,000 square metres. Capable of processing 250,000 parcels
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Charter Hall buys sprawling Sydney car dealership
Charter Hall has snapped up a large-format automotive retail asset in Sydney’s south. The Kirrawee properties, 499-511 Princes Highway and
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Aliro, Goodman trade two industrial investments
Aliro Group has picked up two west Sydney industrial investments from Goodman, outlaying $438 million. The deal includes at Pemulwuy,
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Key worker housing asset collects $45m from Singapore investor
Centurion Corporation Limited has entered the key worker housing market with neighbouring assets in Western Australia’s Pilbara. Velocity Village (pictured,
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Food and beverage convenience centre trades for $7.05m
A Brisbane private investor has sold a small neighbourhood shopping centre in the city’s north after nine years. The 3349
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Perth convenience centre sold in pieces
Two parcels from a subdivided convenience retail project in Perth’s north-east have sold for a combined $10.05 million following a
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Marprop divests AFP office, training facility
Marprop has sold a Canberra office and training facility held five years. The asset manager banked $86 million for the
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Beck family begins building Mornington Peninsula light industrial estate
Beckdev, led by Becton founder Max Beck with son Ben, has commenced construction of a light industrial estate at Rosebud
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Centuria, Quanta trade another healthcare asset
Quanta is buying another medical centre investment from Centuria, this time in New South Wales at the Victorian border. The
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Newcastle warehouse leased, sold
A warehouse in Newcastle’s west has leased and sold in quick succession. Australia Post will move into the 2135 square
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Time & Place, James Packer buy row of homes for apartments
Time & Place with James Packer’s NPACT has settled on five neighbouring Mosman homes with plans for a nine level
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Adelaide industrial site fetches $15m
Realside has acquired an industrial development site near the RAAF Base Edinburgh, north of Adelaide. The 4.368 hectare property, 34-50
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Racing club buys ex-RSL, car park
The Melbourne Racing Club’s hospitality arm has bought the ex-Pascoe Vale RSL and rebranded it The Cumberland. Pegasus Leisure Group
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Sam Arnaout sells hotel with redevelopment permit
Sam Arnaout has sold a regional New South Wales motel after obtaining a permit to replace it with a nine
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Ground floor Southbank strata fetches $5.2m
A sprawling ground floor commercial space, part of Evolve Developments’ Botanic project in Southbank, has sold. The 517 square metre
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Prominent South Hurstville pub sells
Francis Venues has sold Kings Head Tavern after 18 months. The South Hurstville pub collected $40 million from operator Parras
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Charter Hall builds position in Abacus Group
Charter Hall Group has bought a 5.837 per cent interest in Abacus Group. The deal – enough to require a
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Ipswich housing, childcare centre site fetches $15m
SKF Development has acquired a 3.02 hectare site at Collingwood Park in Brisbane’s west. Stage 11 of the Forest View
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Paul Gedoun picks up another Rainbow Bay site
S&S Projects has swooped on three neighbouring Coolangatta properties with plans for its biggest apartment complex. The local group, founded
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Star Media buys into Australian office fund
Star Media Group Bhd has invested $35.5 million in an Australian office-focused fund targeting exposure to assets in Sydney, Melbourne,
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Swiss training clinic leases prominent Mosman corner
Kieser has committed to a flagship hub – choosing Sydney’s affluent Mosman. The strength training clinic – established in 1967
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Ex-Cue Clothing warehouse sold
The Levis family has sold an inner south Sydney industrial property formerly used by its Cue Clothing brand, which it
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Sydney shopping centre sold out of receivership
A neighbourhood shopping centre permit-ready for an extension in Sydney’s south west growth corridor has traded out of receivership for
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Siemens, Stack sign Cremorne leases
360 Capital FM Limited and Alfasi Group have secured two more tenants to a five year old Cremorne office. With
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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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