Nuveen buys major Sydney industrial investment
EXCLUSIVE Nuveen – which until 2021 owned a third of Myer’s Bourke Street Mall, Melbourne, building – has bought a
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Melbourne toy factory trades for $10.7m
A south east Melbourne warehouse, leased since last year to one of the country’s largest toymakers, has sold off-market. A
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Alkimos shopping centre fetches $33m
Another major shopping centre has sold in Perth’s coastal Alkimos. Trinity Village courted favour with Harmony Property Investments, the capital
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Australian Unity sells prominent medical centre
April Group and MaxCap have settled on the purchase of Sydney’s RPAH Medical Centre. The five storey complex near Royal
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Council lists site after slicing piece for park
A major apartment complex at the west end of Bell Street might be back on the cards with the local
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Developer sells office built 40 years ago
A prominent Northern Territory office has been sold by the developer which built it 40 years ago. Satepak House at
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Asset manager turns profit selling Sunshine Coast office
Rhodes Asset Management has sold a sprawling Sunshine Coast office held six years. The Brisbane based fund manager banked $7.5
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Developer swoops on New Farm shops, dwelling
Griffith Group has paid $14.5 million for an apartment development site in Brisbane’s inner east New Farm. The amalgamated holding
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Launceston’s QV Tower sold
A state government anchored medical and office facility with longer term development upside in East Launceston has sold. The fully
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Australian Unity suffers major hit on office sale
Australian Unity has sold a vacant Brisbane office on its second attempt. The last asset from the Australian Unity Office
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Adelaide asset managers trade Perth shopping centre
Harmony Property Investments, the capital partner of MRS Property, has bought a modern shopping centre in a Peet housing estate
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Demian reclaims ex-James Hardie factory from Abacus
Abacus Property Group is selling an enormous ex-James Hardie factory back to Sydney developer Charlie Demian. The ASX-listed group paid
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End of an era as Presentation Sisters sell historic convent, school
The Presentation Sisters have sold an inner city Melbourne convent and school held more than 150 years. The 1.89 hectare
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Brooki Bakehouse founder lists historic Brisbane home
Brooki Bakehouse founder Brooke Bellamy and husband, Justice, have listed Camp Hill’s historic Litchaton after 20 months. The property is
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Mirvac locks student accommodation giant to ex-Sydney Fish Market
Mirvac has secured student accommodation operator Scape, controlled by The Living Company, for a 26 storey tower at its $1 billion-plus
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Centuria sells Melbourne shed held two years
Centuria has sold a west Melbourne warehouse bought in mid-2023 for a Starwood Capital Group mandate. Despite being tenanted then
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Iwan Sunito pays $125m for inner west site
Iwan Sunito is boosting his post Crown Group pipeline, with his private investment vehicle One Global Capital acquiring a major
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New owner for popular Chippendale hotel
The Kanellos family has sold the leasehold to Chippendale’s historic Rose Hotel, 10 months after launching a campaign to divest
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Wentworth buys Darling Harbour Novotel, Ibis
The Abu Dhabi Investment Authority has sold Sydney’s Novotel and Ibis hotels on Darling Harbour to local asset manager Wentworth
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Nick Scali buys Melbourne showroom leased to rival
Nick Scali has quietly bought a two level building in the heart of a popular inner city Melbourne showroom precinct.
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Developer swoops on parkside Hawthorn office
Sydney based apartment developer Abadeen has swooped on a Hawthorn office covering 1300 square metres. The Pharmacy Guild of Australia
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Ramsay lists enormous ex-hospital in blue ribbon Grace Park
Another leafy east Melbourne site until recently used for essential services has hit the market with a chance it could
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Leyton sells SA’s best performing Nando’s drive through restaurant
Leyton Property has sold a new Adelaide quick service retail investment in two parts. The priciest – South Australia’s best
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McNee, Spotlight swap Melbourne assets in unusual deal
Vicland founder Bill McNee has acquired a $65 million South Yarra development site from Spotlight Property Group after Spotlight bought
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Ausbuild snaps up permit-ready townhouse site
Ausbuild has snapped up a two hectare townhouse site in Brisbane’s northern growth corridor while Abri Property has shed an
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Westbridge buys another Queensland medical centre
Westbridge Funds Management has acquired its second Queensland healthcare investment, paying $18.4 million for the Hermit Park Medical Centre in
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Operators trade $196m feedlot
Privately owned processor Australian Meat Group has agreed to acquire the Killara Feedlot near Quirindi in north-west New South Wales
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Bunnings sold, set for repurpose
BWP Trust has sold an ex-Bunnings outlet at Port Kennedy, in Perth’s outer south. About 40 per cent of the
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Victorian truck stop sells for $21.3m
Fawkner Property has sold a sprawling quick service retail investment in a popular holiday spot near the Victoria/New South Wales
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Centennial sells seed asset
Centennial has sold one of its four seed investments. The asset manager is banking $54.5 million for the eight level
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Mitsubishi buys into luxury Brisbane apartment project
Mitsubishi Estate Asia Pte Ltd has acquired a stake in a Brisbane luxury apartment project being developed by McNab Group.
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OUE buys Salesforce Tower stake
In its maiden Australian acquisition, OUE Real Estate Investment Trust is buying a 19.9 per cent stake in Sydney’s Salesforce
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Aljasser expands Truganina footprint
Middle Eastern backed developer Aljasser Group has quietly bought another Truganina industrial site. The 5.52 hectare rectangle shaped block, 185
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Melbourne investors trade vacant Adelaide office
Alternative investment house Wingate – since mid-last year owned by CapitaLand – with IP Generation founder, Chris Lock, have taken
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Kinglake buys Northern Rivers LFR investment
Two year old Melbourne based retail focused asset manager Kinglake Group has bought another property. The refurbished bulky goods investment
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Corval sheds Perth investment
Corval has sold a Perth industrial investment held just over four years. The Sydney based asset manager finished in the
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Student accommodation provider buys site for maiden Adelaide project
Renewal SA has sold the former Royal Adelaide Hospital Chest Clinic site and an adjoining parcel at 274-275 North Terrace
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Harmony sells Adelaide office
Harmony Property Investments has sold a fully leased Adelaide office bought in late 2020, as most of the country exited
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Spotlight pays $185m for trophy Melbourne office
Spotlight Property Group, controlled by the Fried and Fraid families, has snapped up a trophy new Melbourne office from developer
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Kmart anchors new Melbourne shopping centre
EXCLUSIVE Kmart will anchor a shopping centre within Gill Family Corp’s 171 hectare St Germain, in Melbourne. The store is
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Site chosen for Australia’s first Trump Tower
The family office of US President Donald Trump has struck a deal for its first Australian Trump Tower, reviving plans
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Chunk of Shepparton’s retail centre for sale
A prominent shopping plaza in the heart of Shepparton, Victoria’s fifth biggest town, has hit the market. Harris Scarfe Plaza
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Six bidders contest Sorrento shop
The first shop to be auctioned along Sorrento’s Ocean Beach Road in four years sold. Six bidders competed for the
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Riverlee locks radiology giant to health hub
Lumus Imaging has committed to a major space within a health hub under construction in Melbourne’s north. The radiology provider
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Camberwell office fetches $22m
Peak Equities has sold a prominent Camberwell Junction office held nine years. The leasehold for 250 Camberwell Road traded to
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Regional Victorian servos trade for $12.6m
Two new regional Victorian service station investments have sold. At Benalla, a 7-Eleven also with a Smokin Joe’s, traded for
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Coles buys into $1.1b housing estate
Coles Group has bought a prominent town centre site at south west Brisbane’s Everleigh estate, which is about a third
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Metro swoops on housing estate site
Luke Hartman’s Metro has swooped on a Logan growth corridor site opposite Mirvac’s $1.1 billion Everleigh estate. Spanning two hectares
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Melbourne growth corridor Dan Murphy’s, Nido sells for $18m
A new Nido childcare centre and Dan Murphy’s bottle shop in Melbourne’s Pakenham growth corridor has sold for $18.05 million.
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German pension fund divests east coast shopping centres
Germany’s biggest pension fund, also the primary administrator for the country’s public sector, has quietly sold three east coast shopping
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Another law firm upgrades city digs
Baker McKenzie is the second law firm to commit to a premium-grade Sydney office under construction. The group is understood
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HMC Capital sells two Queensland HomeCo assets
HMC Capital has settled the sale of HomeCo Bundall on the Gold Coast for $41.5 million. The 1.65 hectare site
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IFM sells ex-Myer Centre stake
IFM Investors has sold the majority stake in Brisbane’s Uptown, formerly the Myer Centre, seized when it took over ISPT
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Site chosen for Sydney’s first AC Hotels by Marriott
Sydney’s first AC Hotels by Marriott will open on six podium floors of a 55 storey tower replacing the Polding
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JG King to shift HQ within Port Melbourne
EXCLUSIVE JG King Homes will shift its headquarters within Port Melbourne, choosing one ex-GM Holden base for another. The builder
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Andrew Lazarus buys another Sydney growth corridor pub
Andrew Lazarus has bought another Sydney growth corridor pub from a long-time owner-operator, this time outlaying a speculated $25 million.
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Mastercard bunkers down at St Leonards
Singapore listed UOL Group Limited has renewed the anchor tenant to a St Leonards office bought seven years ago. Following
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Warehouse converted office fetches $25m
A swank warehouse converted office with ground floor retail in inner south Sydney has sold off-market. On 571 square metres
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Aldi pre-commits to landmark Melbourne distribution centre
Aldi has pre-committed to a landmark 102,000 square metre high-tech distribution centre in Melbourne. Charter Hall on behalf of the
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Local operator leases ex-Guardian childcare centre
A local childcare centre operator has leased a longstanding facility last occupied by Guardian in bayside Melbourne. The 94 place
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Salta sells major Melbourne industrial investment
EXCLUSIVE Salta Properties has sold a major warehouse in Melbourne’s west. The 1.82 hectare property, 29-35 Taras Avenue, near the
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Southern Cross Care sells inner city site
Southern Cross Care WA has sold an inner west Perth site previously permitted for a six storey aged care and
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Growth corridor childcare centre trades off-market
Accord Property has sold another near new childcare centre, this time in Perth’s outer south. The 96 place Buttercups Early
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Griffith spends $9m for QSR investment, land
Griffith Group has bought a service station and Beefy’s restaurant at Ningi, near Bribie Island. The 7000 square metre V-shaped
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Centennial closes fund with Sydney industrial asset
Centennial has bought the final asset for its $780 million Enhanced Value Partnership (EVP), managed for Brookfield. The 2.05 hectare Wetherill
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Centuria eyes World Square stake
Centuria Capital Group is in due diligence for a half stake in Sydney’s World Square office complex. The interest was
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Sentinel flips Mackay office after refurb, relet
Unitholders in a Sentinel trust have turned a healthy profit selling a Mackay office after just over two years and
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Sivasli doubles down on Toorak Road
Diversified developer Sivasli, behind projects in Geelong with James Packer’s NPACT, has acquired two Toorak Village freeholds in a strategic
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CFMG buys Rochedale town centre site
CFMG Capital has paid $30 million for a mixed-use development site at Rochedale, 11 kilometres south east of Brisbane’s CBD.
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RM acquires Sunshine Coast light industrial site
RM Developments has bought a light industrial site, at Cooroy, on the Sunshine Coast – while a Melbourne developer has
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Girls’ school buys neighbouring sites from government
The Monte Sant’ Angelo Mercy College has snapped up two offices beside its North Sydney campus. The deal with the
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Developer buys another Kingsford Smith Drive site
Frank Developments has picked up the Queensland Racing Integrity Commission headquarters of a decade, opposite Breakfast Creek and the Brisbane
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Wentworth snaps up ex-MLC Centre
Wentworth Capital has bought North Sydney’s ex-MLC headquarters. On behalf of a fund, it is speculated to be paying just
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Charter Hall, Mitsubishi to build Melbourne logistics investment
Charter Hall has teamed with Japan’s Mitsubishi Estate Asia to develop a 41,000 square metre industrial and logistics investment in
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Standalone Salvos store sold off-the-plan
Brix Property Group has sold an undeveloped building at the Armstrong Creek Town Centre after pre-committing the Salvation Army for
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EVT sells Rydges Geelong
ASX-listed EVT – formerly Event & Hospitality Management – has settled on the sale of a high-profile Geelong hotel. The
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Centuria fund boosts data centre portfolio
Centuria has spent $60.2 million on two data centre assets and unveiled plans for a new one – all on
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PGIM buy major Melbourne data centre site
PGIM’s recently launched Global Data Centre Fund has bought its first Melbourne site and is lining up another. The US
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Australia Post distribution centre sold in Hobart
An Australia Post distribution centre in Hobart’s north west Derwent Park has traded between private investors. The 3954 square metre
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Gold Coast Rent a Shed trades for $9.4m
A Rent a Shed on Gold Coast’s Burleigh Heads has sold to a local developer The $9.4 million deal for
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