Clive Palmer drops $18.5m for Gold Coast penthouse
Clive Palmer has bought another trophy Mermaid Beach property – this time a full floor sub-penthouse in a recently completed
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ESR, Quintessential trade Brisbane office
ESR is crystallising a loss on the sale of a Brisbane office seized through its 2019 takeover of ARA Asset
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Fairfax family sell suburban Sydney pub
The Fairfax family has sold a south Sydney hotel held 27 years. The Regent Hotel at Kingsford (pictured, top) collected
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Six suitors bid for suburban Melbourne medical centre
Six suitors at auction this week pushed the price of a south east Melbourne medical centre to $6.54 million. The
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Not for profits trade ex-Coca Cola bottling factory
Not for profits have traded a former Coca Cola Amatil bottling facility, three kilometres north west of Adelaide. The 9751
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Melbourne’s ex-Foy & Gibson department store sold
Coombes Property has bought Midtown Melbourne, the prominent Bourke Street Mall retail and office complex developed in the 1930s as
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Another Cairns hotel fetches $30m
Another major Cairns hotel has sold off-market. The Bay Village Tropical Retreat curried favour with a Sydney investor for over
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Keysborough office/warehouse trades for $11m
Another major industrial facility at Fraser Property Australia’s Key Estate, in Keysborough, has sold. The $11 million result for the
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Foodie, printer lease Noble Park warehouses
Two tenants have secured a combined 5728 square metres of warehouse space at Noble Park, in Melbourne’s south east. At
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Confidence builds in Melbourne’s metro and fringe office markets: Colliers
Transaction momentum has returned to Melbourne’s metro and inner-fringe office markets, with renewed investor confidence driving a noticable uplift in
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Justin Hemmes buys vacant RSL
Justin Hemmes’ Merivale has bought a Sydney CBD freehold opposite one of its flagship hospitality precincts, continuing a consolidation play
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Robin Khuda’s Onterra snares another warehouse
Robin Khuda’s investment vehicle Onterra has bought an office/warehouse from AsheMorgan. The 2.2 hectare asset, 62 Sandstone Place, Parkinson –
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Petersham pub sold after revamp
Australian Venue Co has bought the freehold going concern to the White Cockatoo Hotel at Petersham from Ray Reilly who
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Journey Beyond snaps up Crocodile Hotel
Journey Beyond has bought what is believed to be the world’s only large-scale crocodile-shaped building, expanding its presence in the
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Stair giant relocates in $12.5m recycling deal
Australia’s largest staircase manufacturer, S&A Stairs, has leased a new headquarters and production facility in Melbourne’s southeast after selling its
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Goodman sells Brisbane warehouse
Goodman has sold a relatively small investment in the Brisbane TradeCoast precinct. The ASX listed developer and investor is banking
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Vicinity pays $400m for Sydney retail investment
Vicinity Centres has agreed to buy a recently completed discount outlet mall, supermarket and large format retail complex in west
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Cadence buys major Melbourne logistics centre
Cadence has bought a major vacant logistics investment in Melbourne’s south east. The developer and asset manager led by Charlie
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Growthpoint sells neighbouring Brisbane Airport leaseholds
Growthpoint has sold neighbouring leasehold investments, one which recently became vacant, in the suburb of Brisbane Airport. The buyer is
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Operator trumps developers for $70m Sydney pub
JDA Collective has quietly bought a Sydney pub from the Yang family which held over 40 years. The freehold going
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Natgen buys apartment site for alternative project
Natgen has bought a permit-ready apartment development site at Labrador, north of Surfers Paradise, with plans for an alternative project.
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Castlerock, Corval trade government backed office
Castlerock has quietly snapped up a modern Perth office anchored to two state government departments. The seven level building, Workzone
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Clarence lines up SEQ aged care homes for new fund
Clarence Property has lined up four seed assets – paying $90.2 million – for an aged care fund. On the
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Pitch Golf chooses Melbourne for maiden Australian venue
Pitch Golf – promising to be the only modern Australian golf club offering technology-enabled practice bays alongside a bar and
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Centuria banks $200m from industrial assets
Centuria has sold four investments on behalf of the Industrial REIT (CIP). In the priciest deal, a cold storage facility
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AFL temporarily shifts HQ
The AFL will temporarily relocate its headquarters while AFL House at Marvel Stadium undergoes redevelopment. Staff are expected to move
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Furniture warehouse sold for school
Warakirri College has bought the Brescia Furniture showroom in Cabramatta, with plans to convert it to a secondary school. The mixed
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Tyas family’s Cadre completes maiden Tassie project
The Tyas Family Office backed Cadre has completed its maiden Tasmanian project – a large format retail complex near Formby Road
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Brisbane office/warehouse sold with a leaseback
National print business Ultra Labels has sold its Brisbane headquarters with a leaseback. The group banked $16.5 million for 65
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Albion site sold for apartments
Lantona has snapped up a site near Crosby Park at Albion with plans for two apartment towers. The 5600 square
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Offshore developer eyes $50m Sydney supersite
Co-living investment giant Wee Hur Holdings has lined up a lower north shore supersite. The 2944 square metre Nicholson Street
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National Storage taken private and offshore in record deal
In the priciest take-private of an ASX-listed real estate investment trust, offshore giants Brookfield and GIC have bought National Storage
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Supply constraints accelerate demand for new healthcare assets: CBRE
Australia’s healthcare leasing market is emerging as one of the most resilient and tightly held real estate sectors, underpinned by
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Lucky family banks over $20m for Melbourne farm
Avid Property Group – which last August bought AV Jennings – has quietly snared a farm beside a housing estate
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Chemist Warehouse co-founder doubles down at Mt Eliza
Chemist Warehouse co-founder Mario Verrocchi has dug deep for an 18 hectare farm beside his Morning Star estate at Mount
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Brisbane growth corridor site sold for subdivision
Kingsmede has snapped up a Brisbane growth corridor site and applied for a 22-lot subdivision, and super-block. The 3.34 hectare
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Centuria sheds Cleanaway depot after five years
EXCLUSIVE Centuria has quietly sold a Perth maintenance depot occupied by Cleanaway, which sold it years ago with a leaseback. The
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Agnew Group doubles down in Moruya
Agnew Group, behind the Hive Hotel brand, has swooped on the Moruya Waterfront Hotel Motel. The freehold going concern hit
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Taisei Kanko sells Cairns’ ex-Holiday Inn
Cairns’ former Holiday Inn, now the Harbourside Hotel, has sold. The local arm of the construction and hospitality division of
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Mahil Group buys Royal Hotel Nundah
Lotana Property Investment has sold the c1888 Royal Hotel Nundah to the Mahil Group. Also recently trading as the Royal
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Prominent Gold Coast servo fetches $10m
A busy Gold Coast service station once owned by the Lowe family, which founded Independent Fuel Suppliers, now owned by
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QIC sells Chatswood gym
QIC has settled on the sale of a gym in Chatswood’s industrial precinct. The 6491 square metre holding, 350 Eastern
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Redcape snaps up Central Coast hotel
The Thomas family has sold the freehold going concern to another popular hotel, this time to the Redcape Hotel Fund.
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Dual supermarket investment fetches $39m
Private venture capitalist Looop has sold the bulk of an outskirt Melbourne shopping centre it delivered 10 years ago. The
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Permit-ready Frankston apartment site trades off-market
A sprawling low rise healthcare complex with a rooftop car park opposite Frankston Library has quietly sold for $9.1 million.
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Laminex manufacturing plant sold to developer
Forza Capital has acquired the prominent Laminex manufacturing plant at Cheltenham with plans to repurpose buildings for commercial use and
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Charter Hall lines up another Queensland mall
Laurence Lancini has sold a Capricorn Coast shopping his company developed 10 years ago. The 2.8 hectare Yeppoon Central is
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Built, Wesfarmers form housing venture
Built and Wesfarmers have formed a 50:50 joint venture targeting Australia’s housing supply, focusing on offsite apartment manufacturing. To be
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Pep Rocca sells park front Adelaide office, car parks
Pep Rocca has sold a park front Adelaide office and 140 strata titled car parks in an adjoining complex. The four
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Scifleet family sell sprawling car pre-delivery centre
The Scifleet family, which controls several south east Queensland Toyota car dealerships, has sold a sprawling outer north Brisbane property
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Sonic expands Macquarie Park footprint, plans state significant project
Stockland has quietly sold a Macquarie Park office to neighbour Sonic Healthcare which has just applied to replace the amalgamation
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Linfox signs major industrial lease deal
Arrow Capital Partners has filled a last mile logistics investment in Brisbane’s south west Heathwood. Linfox will move into 17,925
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Union buys North Melbourne office, car park
The Rail, Tram and Bus Industry Union Victorian division will shift headquarters within the city’s inner north. The group has
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Carpe doubles down in South Melbourne
Tim Campbell and Stuart Kacir’s Carpe Group – which turns 10 this year – has scooped up neighbouring South Melbourne
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Solotel buys Sydney pub from landlord
Elliot Solomon has bought a popular inner city pub from his landlord of nearly 20 years. The Court House Hotel
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Greystar sheds maiden industrial asset
Greystar has quietly sold one of four industrial assets which marked its entry into the local sector in 2022. The
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Blackstone, Fife trade DHL distribution centre
Blackstone is selling a modern logistics facility in Sydney’s outer west, to Fife Capital The result for 78 Templar Road,
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Kinkora buys another IOS investment
EXCLUSIVE Kinkora Investments, the new name for KM Property Funds, has picked up an industrial outdoor storage site beside the
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Natgen buys light industrial estate site
Natgen has bought a Gold Coast growth corridor site with plans for a light industrial estate. Actually two neighbouring properties,
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Church sells former Emmanuel College
The Catholic church has sold the former Emmauel College campus, opposite the Botanic Gardens in Bromfield Street, Warrnambool. Also exposed
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West Melbourne hobby farm fetches $180m from developers
Stamford Capital and Citius have snapped up a major industrial and residential development site in Melbourne’s west. The 58.9 hectare
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St Kilda’s Prince of Wales sold
Grant Smillie has bought St Kilda’s landmark Prince of Wales Hotel with plans to revitalise. The leasehold was held by
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Ex-Public Transport Union HQ sells
The city’s ex-Public Transport Union headquarters in Chinatown has sold. Nowadays a boutique office known as LM House, 333-337 Sussex
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Hot Tomato House sold after revamp
The Gold Coast office home to radio station Hot Tomato 102.9 FM has sold after a $2 million capital expenditure
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Dandenong South warehouse trades for $28m
Sydney investors have sold a major Melbourne industrial investment. The Dandenong South asset, 41-53 Monash Drive, changed hands for $27,955,000.
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Zimbler toy factory sells off-market
An inner-city Melbourne factory for years occupied by toy maker and distributor Zimbler as its local headquarters has sold off-market.
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Gold Coast medical centre collects $7.8m
A home converted medical centre with demolition clauses attached to the rental agreements has sold for $7.75 million. Also a
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Nick Politis sells Gold Coast pub after a decade
A partnership including Nick Politis has sold Treetops Tavern after a decade. The large format hotel in Burleigh Waters traded
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Modern SDA investment trades for $7.9m
A three year old specialist disability accommodation investment in Sydney’s south west has sold. The $7.85 million result for the
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Centurion buys another key worker accommodation asset
A six level key worker accommodation complex developed in eight days using pre-fabricated modules, has sold for $28.55 million. Singapore
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Developer buys back Mosman post office
Sun Property Group has bought back a Mosman post office and neighbouring Indian restaurant, sold in 2024. The local developer
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Government banks $9.6m for industrial site
Oly Homes has settled on neighbouring sites within the Sunshine Coast Industrial Park, being subdivided by the state government. The
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Prahran pet shop sold for apartments
Little Projects has bought a pet shop in Prahran’s High Street with plans for apartments. At the south west corner
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Coles sells another new shopping centre
Coles Group Property Developments has sold another new Gold Coast supermarket with a leaseback – this time at Varsity Lakes.
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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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