Chinese developer swoops on $79m Melbourne housing site
Dahua Group has paid $78.65 million for a residential development site in Melbourne’s north-west. The deal for the 43.47 hectare
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Goodman fills Port Melbourne’s biggest industrial vacancy in 20 years
EXCLUSIVE Goodman has leased 45,249 square metres across four sheds at its Port Melbourne Industrial Estate, filling a vacancy left
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JB Hi-Fi commits to Charter Hall, Mitsubishi estate, Melbourne
EXCLUSIVE JB Hi-Fi is the first tenant to commit to an industrial estate announced earlier this year by Charter Hall
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24-hour medical centre leased before completion
A GP operator has leased the balance of a medical centre under construction in Melbourne’s north. The group initially pre-committed
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Elanor takes haircut on regional NSW hotel sale
EXCLUSIVE Elanor Investors Group has suffered a hit selling the freehold to a Best Western in regional New South Wales.
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Broome resort collects $8m from fund manager
Mandala is expanding its regional accommodation portfolio in Western Australia, buying the Broome Time Resort near Cable Beach. The freehold
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Developer buys another Sydney Metro site
EXCLUSIVE Sydney Metro has sold another surplus development site – this time beside Sydenham station, in the city’s inner-west. An
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Carmdev buys $21.25m Brisbane industrial site
Carmdev has paid $21.25 million for a development site in the Yatala Enterprise Area. A 12,600 square metre industrial estate
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AVC eyes four more Perth pubs
Australian Venue Co is seeking to buy four Perth hotels – two each from the Night Owl Group and Toucan
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Historic Tamworth Hotel sold
Publican Jim Knox has bought the Tamworth Hotel from Sydney-based investor Daniel Whitten. The freehold at 147 Marius Street cost
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Springvale corner with 12-storey upside for sale
An ANZ-anchored investment – with recently introduced planning controls opening the way for buildings of up to 12 storeys –
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Melbourne warehouse sells for $11.7m after lease renewal
The Property Advisory has sold a Melbourne industrial investment after renewing a lease five years. The fund manager is banking
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Pipeclay Lawson pays $18.3m for industrial investment
Industrial property investor Pipeclay Lawson has paid $18.3 million for a west Sydney concrete plant leased back to construction chemicals
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Wee Hur lines up 12-level Wollstonecraft student housing project
Singapore-listed Wee Hur Holdings has secured an unconditional option to acquire an unusual Sydney development site – a deal we
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Homes NSW plans housing above WestConnex tunnels
Homes NSW is advancing plans to redevelop four vacant sites across Haberfield and Ashfield, including land left over from construction
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AVID trumps Warburg Pincus bid for Ingenia
AVID Property Group has tabled a $2.2 billion takeover proposal for Ingenia Communities, backed by Abu Dhabi sovereign wealth fund
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Australia’s Living sector tops investor wish list: Cushman & Wakefield
Australia’s institutional living sector has emerged as the most sought-after real estate asset class among investors, ranking ahead of office,
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Ausbuild buys outer-north Brisbane housing site
Ausbuild – a 51 per cent stake in which sold last month to Sekisui – has added another residential development
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Centennial, DCP pay $22m for Northern Rivers site
Centennial and Direct Commercial Property have paid $22 million for a major Northern Rivers industrial site. An 18-lot subdivision is
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Chinese car giant expands in south-east Melbourne
Another Chinese car maker has leased a contemporary office in the suburb that has become a hub for the automotive
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Boral, Dexus, Pelligra win rezoning windfall
Dexus has secured an industrial rezoning for three western Melbourne sites as it advances plans to develop land around its
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Doyles puts 141-year Sydney institution on market
The Doyle family is selling its historic waterfront restaurant and adjoining land at Watsons Bay, ending a five-generation association with
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South-east Perth industrial site sells for $11m
A south-east Perth industrial site has sold for $11 million off-market after being held by one family for decades. Spanning
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Council eyes c$25m state-owned site
A Melbourne council is pushing to acquire a vacant site from the cash-strapped Labor government, to expand a park and
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Garda sells down portfolio to focus on lending
Charter Hall is set to acquire six Brisbane industrial properties for $300 million. The seller is Garda Property Group which
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Willer pays $16.2m for Perth industrial investment
Willer Property has paid $16.15 million for a south Perth industrial property part-leased to ASX-listed marine and defence product manufacturer
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Hamton, Hostplus appointed to $7b Arden Central
The state government has chosen Hamton and Hostplus to redevelop land around Melbourne’s new Arden Station, with a $7 billion
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Taiwanese technology group snaps up Sydney warehouse
A Taiwanese technology group has paid $10 million for a two-level Sydney industrial property with an office and showroom component,
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Mathieson, Perich expand into new markets
Pub and property investor Bruce Mathieson is backing an $800 million development outside Brisbane, while the Perich family prepares to
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Assemble rolls out charging stations across 800 BTRTO homes
Assemble Developments is adding electric vehicle charging to more than 800 build-to-rent-to-own homes across two Melbourne projects. The housing group
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Not-for-profit buys $34m aged care home
For Purpose Aged Care Australia has bought a seven-year-old but never occupied facility on Melbourne’s outskirts. The 1.55 hectare property,
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Spotlight buys $30m site beside Dreamworld
Spotlight Property Group has paid $30 million for a prominent block beside Dreamworld. A retail centre is planned for part
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Rodeo turns visitors into property buyers: agent
The annual rodeo and campdraft are introducing prospective buyers to the Southern Downs, with some visitors returning to purchase rural
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Alceon, Mirvac trade $124m Brisbane office
Alceon has struck a $124 million deal for Mirvac’s 410 Ann Street office complex in Brisbane. An upgrade of the
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Growth corridor medical centre listed by receivers
A purpose-built medical centre in Melbourne’s northern growth corridor has been listed for sale by receivers, with a month-to-month tenancy
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Logistics giant sells distribution centre with a leaseback
Allegro Funds-backed Team Global Express has sold a sprawling Brisbane industrial investment with a 10-year leaseback. The $44 million result
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Fashion heavyweights trade $87m Sydney warehouse
White Fox Boutique founders, Daniel and Georgia Contos, have snapped up another major commercial property in Sydney’s inner-south. The pair
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Align lines up $85m Sydney office debut
Melbourne investor Align Property Partners is speculated to be lining up a North Sydney office tower with development upside. for
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Christian Brothers list 150-year-old Parkville estate
The Christian Brothers have put a historic Parkville estate on the market as the religious order moves to realise its
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Receiver sell west Melbourne recycling centre
A heavy industrial property in Melbourne’s west permitted for materials recycling and specialist machinery has sold through receivers. An occupier
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Maroochydore op shops sold, set for 18-level apartment towers
Cleighton Clark has bought two neighbouring Maroochydore op shops with plans for 18-level apartment complexes, 23 metres over the height
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Peet remains in play as Ingenia extends Warburg Pincus talks
Ingenia Communities has given Warburg Pincus broader due diligence access and extended the deadline for agreeing a process deed. The
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Brisbane retail centre sells for $7.3m
A fully-leased neighbourhood retail centre in Brisbane’s west has changed hands after 23 years. Windermere Village at 21 Goggs Road,
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Greater Geelong farm fetches $40m
A 563 hectare landholding on Greater Geelong’s urban fringe has sold for $40 million, along with neighbouring properties connected to
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Developer buys historic ex-Schweppes warehouse
A century old inner-city Sydney property once occupied by Schweppes has sold to a local developer which specialises in the
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Occupiers trade $12m Sydney manufacturing plant
A timber processing facility in western Sydney has sold for more than $12 million. A local business, also a manufacturer,
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Ex-Toyota factory for sale with plans for housing, town centre
A former Toyota-owned site, part of a precinct rezoned for urban renewal in 2018, is for sale. The 5.3 hectare
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Regional Queensland medical centre trades for $11m
A purpose-built medical centre 210 kilometres west of Brisbane has sold for $10.8 million – a 7.3 per cent yield.
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Melbourne Officeworks sells between investors
The Harbig family, whose business interests include property and fashion, has divested a Melbourne Officeworks held for 27 years. The
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Transport for NSW sells another site
Transport for NSW has sold a vacant industrial site abutting Sydney International Airport. The 1467 square metre parcel, 2 Smith
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Union buys former union HQ
EXCLUSIVE The former Queensland headquarters of the Australian Liquor, Hospitality and Miscellaneous Workers’ Union has quietly sold to another union.
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Opal adds Mooney family’s nursing home to portfolio
Opal HealthCare has taken over a family-owned aged-care home in Sydney’s west. The Canberra Nursing Home, operated through Clendon Care,
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Andrew Roberts gives up outright majority ownership of Corval
Andrew Roberts has sold a 30 per cent stake in Corval Partners, down from 70pc and ending outright majority ownership
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Sam Arnaout buys New Zealand’s first casino
Sam Arnaout has taken Iris Capital into New Zealand outlaying over NZ$100 million (A$81m) for what was the country’s first
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Fife banks $56m for antique market turned warehouse
Fife Capital has sold a distribution centre recently completed on the Hunted Antiques site, in Melbourne. The 4.04 hectare holding,
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Billbergia sells Arncliffe Central retail podium
Billbergia has sold the retail podium at its $253 million Arncliffe Central development in Sydney’s south The 3,718 square metre
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Saatchi & Saatchi space opens after Keiser lease
Keiser Training has leased part of the ground floor of a heritage-listed former cable tram engine house, with another space
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Animal hospital leases ex-Thirsty Camel HQ
Lort Smith Animal Hospital has leased a large strata office around the corner from its recently redeveloped hospital and headquarters.
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Big Bus Tours sells HQ with a leaseback
Global tourism operator Big Bus Tours has sold its Sydney headquarters with a 10-year leaseback. The 2662 square metre holding,
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Gretel Packer plans Minerva Theatre revival
Gretel Packer is planning to restore Sydney’s historic Minerva Theatre as a live performance venue, reversing a hotel redevelopment proposal
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HMC buys Melton shopping centre
HMC Capital has bought a Woolworths-anchored shopping centre in Melbourne’s west for $49 million, less than 18 months after the
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Wyong hotel sold after revamp
Former Lion executives Frank Arangio and his wife, Marney Macqueen, also an actress, with ex-AHA vice president, Pat Gurr, have
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Ramia family puts The Sphinx back on market
The Ramia family has relisted The Sphinx, seeking about $40 million The 15,000 sqm Egyptian-themed hotel and entertainment complex at
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OUE REIT lifts Salesforce Tower stake to 69.9 per cent
OUE REIT is moving to consolidate its ownership of Salesforce Tower – Sydney’s tallest office. The Singapore-listed group has agreed
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Toowoomba pub sold after 40 years
The Bowly family has sold Toowoomba’s Southern Hotel after four decades. Following an off-market campaign, the Kearney Spring property traded
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Chemist Warehouse billionaires secure approval for trophy tower
Chemist Warehouse’s billionaire owners have secured approval for a seven-storey office-based mixed-use building at arguably suburban Melbourne’s highest-profile corner. In
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Taiwanese supplements giant buys $81m Brisbane office
A Taiwan-based health supplements group has paid $81 million for a South Brisbane office – its second Queensland acquisition this
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Prominent Albert Park Village freehold sells after 37 years
Melbourne lawyer and property investor Peter Mitrakas has sold a prominent Art Deco building in Albert Park Village, held 37
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Historic pub, Dan Murphy’s fetches $13.5m
A prominent historic pub and neighbouring Dan Murphy’s in Brisbane’s inner-west have sold for $13.5 million. The result for the
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Brisbane manufacturing plant sells for $17.4m
A sprawling Brisbane industrial investment has sold to Seymour Group. The $17.4 million result for 44-56 Potassium Street, Narangba, reflects
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Sobha Realty buys maiden Australian sites
UAE developer Sobha Realty has acquired residential development sites in Brisbane and on the Gold Coast as it prepares to
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Frasers, Abacus announce leadership changes
Frasers Property has appointed an ESR executive to lead its industrial and logistics business, while Abacus Group managing director Steven
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Ex-Collingwood stars take workspace brand into CBD
Former Collingwood players Nick Maxwell and Paul Tuddenham are taking their uber-luxury workspace business into Melbourne’s CBD – committing to
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Asset managers trade Sydney private hospital
A particularly securely leased strata-titled Northern Beaches hospital has traded between major fund managers, for healthcare trusts. RAM Asset Management
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Salta tops out $500m BTR project
Salta has topped out its $500 million build-to-rent project, Riverline, in Melbourne’s inner-east. Upon completion in about a year, 25
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Eureka sells down Cairns villages, buys into Townsville
Eureka Group Holdings is changing its ownership mix across four North Queensland seniors rental villages. The group has sold down
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Pickleball operator signs 10-year Sydney lease
House of Pickle has signed a 10-year lease for a Botany industrial building. The indoor racquet-sport operator is converting the
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Brutalist office hits market with development upside
One of the Lower North Shore’s most distinctive buildings – beside a new Metro station – is for sale as
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Michael Buxton secures not-for-profit to Melbourne shopping centre
Michael Buxton’s private investment office has secured another charity retailer to its six year old Clyde North Lifestyle Centre, in
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Brisbane warehouse trades for $17m
A Brisbane TradeCoast industrial investment has sold for $16.833 million – a 5.55 per cent net passing yield. The Pinkenba
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