Not for profit sells 19 aged care assets
Adelaide based not for profit ACH Group, or Aged Care & Housing, has sold 19 assets to Aspen Group. Worth
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Developer spends $55m for riverfront Melbourne site
An enormous development site abutting the Yarra River in Melbourne’s inner east, with plans for two apartment towers, has sold
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Coronation buying data centre site for apartments
Coronation Property is the second developer this week to pick up a major commercial investment with plans for apartments. The
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New university signs Adelaide’s biggest office lease this year
The new Adelaide University has signed another major lease deal, this time for an office once owned by Dexus, at
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Gibbens divests Newcastle LFR investment
Gibbens Group has trebled its outlay selling a Newcastle Bay large format retail investment after 11 years. The 1.27 hectare
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GemLife buys eight land lease communities
GemLife, which listed on the ASX July 3, has bought land lease community developer Aliria. The $218 million deal includes
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Transport giant leases Melbourne hardstand for parking
McColl’s Transport has leased just over an acre of hardstand on the same street as one of its facilities, to
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Universal, Sue Cameron swap Sydney pubs
The Kospetas family’s Universal Hotels has sold the leasehold to the the Newtown Hotel (pictured, top) to Sue Cameron in
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Civilmart manufacturing plant sold
Baron Vanilla Asset Management has picked up a four year old manufacturing plant built by occupier Rocla, which was later
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Charter Hall sheds Riverina supermarket
Charter Hall has sold a supermarket at Cootamundra, in the Riverina, also the South West Slopes. On 8127 square metres,
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German waste manager secures land to expand
Germany based waste manager Remondis has bought Perth sites opposite each other, to occupy, maybe. The 4.7 hectare industrial amalgamation,
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Grollo family sell popular alpine hotel
The Grollo family has shed a high profile investment from its significant alpine property portfolio. The two level strata titled
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Medical executive buys Melbourne office
Rodney Aziz has bought an office near the headquarters of Family Doctor, his business which in April attracted a $300
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Mandala snaps up hinterland retreat with revamp plan
Mandala Hotels & Resorts has bought a Brisbane hinterland spa and vineyard with plans to convert it to a “world
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Centennial sells distribution centre, winds up fund
Centennial has sold a south Brisbane logistics estate after nearly nine years. The asset manager is banking $19.1 million for
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Co-living giant drops $32m in Sydney
The Living Company – a new Scape brand – has bought an inner south Sydney industrial amalgamation with plans for
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Nick Williams buys Melbourne shops, apartments
Nick Williams, who heads the Hudson Conway business his father, Lloyd, co-created, has snapped up a high-profile mixed-use asset at
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Developer doubles down in Mosman
Abadeen, led by ex-AFL footballer and CBRE agent, Andrew Leoncelli, has purchased another Mosman development site. The holding, neighbouring dwellings
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Receivers sell historic Paddington pub
Receivers have sold another asset once part of the Public Hospitality stable. Paddington’s Three Weeds, formerly known as The Rose,
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ESR divests Eagle Farm warehouse
ESR, which was privatised last week, has shed a relatively small asset. Andrew Northcott’s privately owned investment group, Wattlestone, secured
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Not for profit sells outgoing Sydney HQ
The Australian Foundation for Disability, or Afford, has sold its outgoing Minchinbury headquarters, also the Australian Disability Enterprise supported employment
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Cairns motel fetches $10m
Sydney based Quay Wholesale Fund Services has snapped up the freehold going concern of a modern hotel – outlaying just
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Operator buys high profile bowling alley
Tenpin bowling operator General Public has snapped up an established Melbourne venue being marketed to developers. The Zone Bowling Moorabbin
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Charter Hall sells office turned childcare centre
Charter Hall has sold an office turned childcare centre in Melbourne’s south east for $12.5 million – a low 4.99
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Brisbane town centre site fetches $31m
A major site next to the Park Ridge Town Centre, south of Brisbane, has sold for $31 million. The 21.2
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Aviator buys game processing plant
Aviator Capital has purchased a game processing plant and cold storage distribution centre three kilometres west of Ipswich. The 6350
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Corval, Dexus trading technology park investments, land
Dexus Industria REIT – which replaced the APN Industria REIT that merged with Dexus in 2021 – is selling the
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Receivers sell another Jon Adgemis asset
Receivers have moved another asset held by Jon Adgemis’ Public Hospitality Group. The c1888 Town Hall Hotel in Balmain –
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Aware, Barings boost BTR portfolio
Aware Super is teaming with Barings to buy a build to rent complex, under construction, with 366 dwellings. The deal
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Myer sells historic store
Myer Group has sold a historic store with a leaseback. Following a campaign launched last October, which found a buyer
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ISPT sells Blue Mountains shopping centre
ISPT has sold Katoomba Village – in the Blue Mountains – which it bought new from the developer and anchor
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AVC snares waterfront Hervey Bay bar
Australian Venue Co, it is speculated with Charter Hall, has quietly bought the freehold going concern of a popular Hervey
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Bunnings upgrades, upsizes in Melbourne’s south east
Bunnings has renewed and extended its distribution centre tenancy agreement at a Salta estate south east of Melbourne. Following the
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Finbar to buy apartment site from JV partner
Finbar is acquiring the balance of a 1.36 hectare block abutting an apartment project it sold out. The 50 per
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Singapore giant buys historic Melbourne hotel
Singapore based Fragrance Group has snapped up the historic Savoy Hotel on Little Collins Street. Following an off-market deal worth
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Cleanaway sells high-profile Melbourne tip
EXCLUSIVE Cleanaway has sold a high profile Melbourne tip, closed for toxic waste in 2008 after 30 years and now
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Benstead Holdaway buys Banyo warehouse
Brisbane based Benstead Holdaway Private Capital has snapped up an Australia TradeCoast investment off-market. The 8140 square metre Industrial 1
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Ex theological college sold for apartments
West Leederville is set for a twin tower project with a total 240 apartments following a permit-ready site sale to
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Asset manager doubles down in Penrith
ME Investments – established by Marcel Elias, for 18 years until 2022 the owner of the country’s most successful LJ
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Industry association picks up another office
Australian Childcare Alliance is the latest industry group to buy an office to occupy. The not for profit association has
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AsheMorgan, Centuria trade east coast industrial investments
AsheMorgan has bought two leased industrial investments from Centuria. In the biggest deal, the pair traded 40 Decco Drive, Campbellfield,
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Investor swoops on Asahi backed food bowl warehouses
Two warehouses within four kilometres of each other in regional South Australia have sold. One investor swooped on the two
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Asahi to switch HQ within Southbank
Asahi will upgrade from its long time, low rise headquarters at 58 Queens Bridge Street, Southbank, to a skyscraper in
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Region offloads SA Bunnings
Region Group – until late 2022 known as SCA Property Group – is the latest institution to shed a fully-leased
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Steel giant expands in Northgate
Watkins Steel has added another Northgate property to its book. Following an off-market deal, the steel fabricator picked up 103
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Apartments set for Gladesville shopping centre, surrounds
Third I will replace the tired Gladesville Shopping Centre and sites around it – all up 1.4 hectares – with
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Tartak family shed 3M warehouse
Pittwater Industrial has snapped up a fully leased west Sydney investment for $18.25 million – a low 4.71 per cent
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Ex-American Express HQ sells again
The boutique Elizabeth Street building with a ground floor shop beneath four levels of offices, for years part occupied as
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Historic Melbourne House sold, set for refurb
Roxy Pacific has sold the historic Melbourne House, also the former Leo Cussen Centre for Law headquarters, after eight years.
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Clarence buys south west Brisbane shopping centre
Clarence Property has snapped up a south west Brisbane mall developed in the 1980s and renovated 15 years ago. Metro
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Double Bay neighbours band, bank $50m from apartment developer
Business chiefs – and long time Double Bay neighbours – Alexandra Oliver and Geoffrey Kimpton have banded to sell their
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Interstate investor swoops on new Dan Murphy’s
A new Dan Murphy’s in Adelaide’s Malvern has sold to an interstate investor. The c2700 square metre holding, 301-305 Unley
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Community housing provider snares permit-ready site
ASX listed Finbar has sold a piece of The Springs estate, at Rivervale, to a community housing provider. The 3809
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Brisbane growth corridor QSR investment collects $8.2m
Griffith Group is the latest developer to sell a new quick service retail investment at a sub six per cent
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Supra Capital expands national presence with new Sydney office
As property developers and investors navigate an evolving real estate landscape, the need for reliable, tailored finance solutions has never
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Chemist Warehouse executives snap up Mosman shop
Chemist Warehouse executives have snapped up another prime strip retail property – this time in Mosman. The 398 square metre
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Hill of Content plans record ‘human book chain’ move
Hill of Content staff have unpacked the shelves at its Bourke Street address of 103 year ahead of a move
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Mirvac sells riverfront apartment development site
Mirvac has sold a waterfront Newstead development site off-market. The 9368 square metre holding, 47 Skyring Terrace, found favour with
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Singapore giant swoops on 5-star hotel, shops
Receivers for collapsed developer Crown Group have sold the modern Skye Suites Sydney hotel and ground floor shopping precinct, Our
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Investor buys ex-Hamilton Motor Inn
Epoca Constructions has sold the former Hamilton Motor Inn – now emergency accommodation rented to the Queensland government. The incoming
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Suburban Adelaide mall fetches $10.5m
IGA Supermarket operator Romeo Retail Group has sold a north east Adelaide mall held three years. Modbury Heights Shopping Centre
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Leyton swoops on south Adelaide investment
Leyton Funds has snapped up another asset – this time at Melrose Park, in its hometown of Adelaide. The two
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Good Beer Co snares Sydney growth corridor pub
John Azar’s Good Beer Co has swooped on a north west Sydney growth corridor pub completed in late 2020 –
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Elanor sells Moreton Bay shopping centre
Elanor Investors Group has sold a Moreton Bay shopping centre held by a single asset fund. Bluewater Square at Redcliffe
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IP Generation eyes landmark Sydney mall
IP Generation is eyeing the landmark Top Ryde City shopping centre – with a standalone component extending into the podium
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Charter Hall sells Melbourne growth corridor Bunnings
Charter Hall is quietly selling a major Bunnings warehouse bought near-new in January, 2020. The asset manager is banking $44
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Kennards buys NZ self storage giant
Kennards Self Storage has picked up 13 New Zealand centres via the winning offer for operator National Mini Storage, which
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ESR sells TradeCoast warehouse
ESR – set to be privatised Friday – has nearly doubled its outlay selling a Pinkenba warehouse investment after eight
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Operators trade Mornington Peninsula retirement community
IP-Living has swooped on a profitable aged care facility on 3.65 hectares on the Mornington Peninsula. Baptist Village Vaxter, with
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Quintessential sells Rocklea warehouses for major profit
Quintessential has sold a fully leased Brisbane industrial park. The asset manager is banking $35 million for 117 Grindle Road,
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Perth asset manager buys Melbourne warehouses
Westbridge Funds Management has swooped on an industrial investment in Melbourne’s north Thomastown. The 7600 square metre asset, 62 Northgate
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ProTen buys Golden Plains poultry farm
Corporate chicken grower ProTen – which it was today announced is being bought by KKR on behalf of Aware Super
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Cadence, Stockland trade $170m industrial portfolio
Stockland has sold a portfolio of east coast industrial investments. The Keywest Distribution Centre and Altona Distribution Centre in Melbourne
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ISPT sells ex-Waltons department store
ISPT is taking a hit selling a retail investment in Melbourne’s Bourke Street Mall after nearly 10 years. The six
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Gina Rinehart buys another NSW farm
Gina Rinehart, has picked up another major New England pastoral asset. The 5003.5 hectare Wirribilla grazing farm, 20 kilometres south
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Barings locks footwear giant to spec warehouse
Barings has secured footwear giant Accent Group to part of a distribution centre built speculatively in Melbourne. The tenant, behind
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Not for profit sells ex-nursing home to developer
The St Vincent de Paul Society of Queensland has sold New Farm’s ex-Palm Lodge aged care home after relocating residents
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Kingsmede doubles down in Salisbury
Fourteen months after securing a multi-building Salisbury industrial investment from Dexus, Andrew Potter’s Kingsmede has bought the property next door.
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Arcana divests Mackay medical centre
Arcana has sold a North Mackay medical centre in the first week of an expressions of interest campaign. Courts Corner
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Australian Unity sells Adelaide medical centre, car park
Australian Unity has sold another asset from its Healthcare Property Trust. The group is reaping a speculated $9.65 million for
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