Mirvac eyes stakes in two east coast offices
Mirvac is in advanced negotiations to buy half-stakes in two Premium grade east coast CBD office towers. The interests in
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Kinglake buys ex-Coles
Kinglake Group has bought a Coles converted large-format-retail investment in Bass Coast’s largest town. Anchored to Anglicare, with a Cheap
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Vacant Brisbane office trades for $38m
A vacant South Brisbane office opposite the Mater precinct, previously operating as a specialised medical facility, has traded between private
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Blundy buys back Bras N Things, adds three more major brands
Brett Blundy is returning to familiar retail territory, acquiring an Australian apparel and homewares portfolio including Bras N Things –
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Blackstone weighs AirTrunk asset spin-off
Blackstone is considering introducing new investors into AirTrunk’s operating assets including a landmark facility in Melbourne. With partner Canada Pension
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South Brisbane Queenslander to be razed for apartments
A South Brisbane Queenslander is set to make way for apartments after selling to Zhen Chen’s Skyhold. The dwelling on
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Valmorbida resets King & Godfree site with Karen Martini
A collection of new venues is replacing the former King & Godfree format under owner Jamie Valmorbida. Today, Karen Martini
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Footscray Hospital consulting suites near full
The commercial healthcare component at the new Footscray Hospital is nearing full occupancy. Imaging Associates is the latest group to
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Buchanan family sell two family homes to developer
Chapter Two has expanded its Mango Hill pipeline – buying two adjoining family homes on acreage from long-time local landowners
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Telstra lists spectacularly located exchange with 12 level scheme
Telstra has listed one of its best-located outgoing Melbourne exchanges – capturing bay and city views. The irregular-shaped 974 square
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Guzman y Gomez fetches $5.2m for Brix, Costa
Brix Property Group and Costa Asset Management have sold down another piece of a major Melbourne development. The month-old Guzman
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JDA exits Gold Coast Tavern
Joe Irvin has added another east coast pub to his book. The Irvin Hotel Group director is paying close to
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First wave of Barbeques Galore showrooms hit leasing market
The first wave of Barbeques Galore showrooms are returning to the leasing market. First cabs off the rank are two
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Telstra banks $22m from prominent inner-city exchange
Telstra has sold the 1260 square metre balance of a prominent outgoing exchange. The telco banked $22 million from developer,
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Aston widens employee ownership in succession move
Aston Commercial has expanded its shareholder base. Increasing his equity holding is executive director Marc Hayden who started as a
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Cremorne’s newest office reaches practical completion
One of the last major office developments expected in Cremorne before the end of the decade has reached practical completion.
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Dexus sells another CBD office
Dexus has struck the Brisbane CBD’s priciest office sale. Subject to Foreign Investment Review Board approval, 480 Queen Street, will
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Fortis buys Brisbane office for apartments
Fortis has bought an inner-city Brisbane office with plans to replace it with an apartment tower. The 2386 square metre
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April Group, MaxCap pay $117m for medical centre
April Group and MaxCap have confirmed their $117 million acquisition of a prominent medical centre beside Royal Prince Alfred Hospital
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Gordon Corp, Bruce Mathieson buy $50m town centre site
Tim Gordon has teamed with pub and retail billionaire Bruce Mathieson to buy one of the last major town centre
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Major health hub coming to Melbourne’s west
A major new healthcare hub is set to open in Melbourne’s west following a lease to a national operator. The
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Developer buys another Stones Corner apartment site
Gardner Vaughan Group has secured an apartment development site in Brisbane’s inner south-east. Permit-ready for 226 dwellings, 75-85 Cleveland Street,
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Charter Hall, BGRE fill more of all-electric Melbourne office
Charter Hall and BGRE – the new name for Brookfield Properties – have sealed three more lease deals at an
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Cedar Woods buys small site to expand housing estate
Cedar Woods has bought a Burpengary site to expand its sell-out Sage housing estate. The parcel at the corner of
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Melbourne lifestyle centre fetches $32m
A prominent homemaker centre with high density residential development upside, eight kilometres from Melbourne’s CBD, has sold, for $32 million.
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McDonald’s starts work on controversial outlet
McDonald’s has begun construction of a suburban Melbourne store, three months after it was approved by the Victorian Civil and
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Occupiers trade $23.5m office/warehouse
New York listed direct-selling health and wellness company USANA has sold its long-time Sydney headquarters. Another owner-occupier – relocating from
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Australia Post breaks ground on biggest SA investment
Australia Post has broken ground on its biggest investment in South Australia – a $500 million parcel super hub, at
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Occupier pays $20m for investment leased to Thiess
A future owner-occupier has paid $20 million for a large industrial investment leased to Thiess in Brisbane. The deal for
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BlueScope banks $76m for housing site
EXCLUSIVE Steelmaker BlueScope has struck another surplus land deal – selling a major residential development site. The 31 hectare parcel
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Developer sells $300m Melbourne shopping centre portfolio
Oreana has sold three unbuilt shopping centres as part of a four-property portfolio, in Melbourne, with an end value of
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Investa, BGO acquire Dexus offices for $715m
Dexus has sold a three-office portfolio to Investa and Canadian fund manager BGO for $715 million. The deal, mooted by
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Not for profit pays $10.4m for accommodation assets
Cura Housing has bought two specialist disability accommodation assets as a four-property portfolio marketed across Queensland and Victoria split between
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Ipswich shopping centre trades for $24m
A neighbourhood shopping centre in south east Queensland’s booming Ipswich corridor has sold. Winston Glades Shopping Centre at Flinders View
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Australian Unity sells office with two redevelopment permits
A former government-owned office in Ipswich has traded again. Australian Unity was the seller this time, exiting 59 East Street,
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Perron sells Westfield Airport West stake
Perron Group has quietly sold its half stake in the triple-supermarket anchored Westfield Airport West, north west of Melbourne. The
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Daniel Grollo declared bankrupt
Former Grocon chief executive Daniel Grollo has been declared bankrupt, almost six years after the collapse of the construction empire
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Paul Lederer sells another ex-Elanor office
Paul Lederer’s LDR Capital has sold another asset from the former Elanor Commercial Property Fund after taking control of the
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Developer lists sprawling inner-city shopping centre
Adio Property director Michael Bonadio has listed a prominent shopping centre with significant development upside about six kilometres from town.
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Not-for-profit, for-profit trade Melbourne site
Villa Maria Catholic Homes has sold an infill Melbourne aged care home site held for six years. The not-for-profit secured
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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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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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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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