Commercial and residential property news
EXCLUSIVE Federal government-owned logistics developer National Intermodal has acquired a 170.8-hectare industrial site in south east Queensland’s primary inland freight
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Moonee Valley City Council has refused a planning permit for a 36-townhouse development in Melbourne’s north-west. At the Ordinary Council
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Australia’s top residential builders expanded their combined output by 9.4 per cent in 2025/26, breaking past 70,000 new housing starts
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The Labor government has approved an eight-level Melbourne data centre with almost half the area of the Rialto Towers. US-based
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Black Rhino Group, led by Melbourne’s David Tomsic and wife, Deborah Mathieson-Tomsic, have snapped up a prominent Fraser Coast hotel
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Australia Post has sold three more Adelaide distribution centres offered in March with leasebacks. The biggest asset, neighbouring properties in
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Mulpha Australia has bought into two Sydney hotels, joining the high-profile ownership group that acquired the properties in February for
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West Melbourne-based Avari Capital has picked up another regional asset for an alternative accommodation fund it launched earlier this year.
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Metricon has pushed Sumitomo Forestry Australia Group to the top of Australia’s residential building industry. The consolidated group recorded 8038
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LogiSPACE has settled on the purchase of its maiden asset – a 6.54 hectare industrial site at Chester Hill, near
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An ex-Best Western in Melbourne has sold to a Queensland-based aged care developer following an off-market deal. Now the Tudor
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The city’s ex-Waltons department store – later the four-screen Village City Centre – has been refreshed and rebranded with a
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An Anglican congregation is teaming with developers to build one of Australia’s biggest student accommodation towers behind Adelaide’s oldest church.
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Japanese manufacturing giant Sekisui Chemical has agreed to pay $335 million for a 51 per cent stake in Brisbane builder
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Sydney’s traditional divide between suburbs that stock the pantry and suburbs that dine out is moving west, with a new
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Australia’s changing demographics and growing demand for essential services are putting healthcare and social infrastructure further into the investment spotlight.
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Two land-rich industrial assets in Melbourne’s south-east have sold this week. In Dandenong South, a 1.7-hectare site at 493-497 Frankston
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Leyton Funds has bought an industrial investment in Adelaide’s inner-west. The 2.75ha industrial holding, 75-83 Hardys Road, Underdale, set it
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Sonya Kilkenny has cleared the way for the redevelopment of Melbourne’s former Kingswood Golf Club, with the owner Satterley this
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Warburg Pincus has increased its offer for Ingenia Communities – putting fresh pressure on the listed property group to reconsider
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Hale Capital has sold a Brisbane industrial investment 14 months after buying it from Dexus. At Acacia Ridge, 30 Bellrick
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Perth-based fund manager Acure Asset Management has acquired two North Shore offices to seed an unlisted trust. The pricier property,
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The Catholic Archdiocese of Melbourne has sold another asset – part of a broader sell-down amid its response to historical
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The Carroll government will be forced to pay over $50 million in compensation – including the first solatium awarded to
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The former Port Melbourne Police Station and bluestone lock-up is for lease, nearly three decades after the historic property was sold by the state government.
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Kelsian Group is offloading its K’gari resorts and tourism operations to Journey Beyond as part of its exit from Australian tourism. The deal includes Kingfisher Bay Resort
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Bathla Group’s administration has been extended for another 12 months, giving administrator Teneo more time to work through the collapsed
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Abacus Group has exited Storage King – selling its 19.6 per cent stake for $284.8 million as it focuses on
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Sealing manufacturer James Walker Australia has bought a Sydney commercial building recently vacated after 32 years by Rinnai – also
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Crop nutrition and protection company Tanuki has sold its Toowoomba headquarters with a part-leaseback. The 4.04 hectare holding, 27 Heinemann
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A sprawling pub between the Midway Point and Sorell causeways on Hobart’s Eastern Shore has sold as an investment. The
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Four heritage buildings in a once-satellite town recently absorbed into metropolitan Melbourne have been bought by The Block producer. Buildings
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Amazon has cleared the final planning hurdles for a massive $2.3 billion data centre campus in Sydney’s west. The approval
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Ahrens has sold an inner-city Adelaide office after five years, an extension and swank renovation. The two level building at
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Japanese real estate group Tokyo Tatemono with Switzerland-based UBS Asset Management have teamed with Charter Hall for an investment vehicle
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Transport for NSW has sold a Lower North Shore site until recently earmarked for power infrastructure. The 1270 square metre
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The expanding global luxury market is driving growth for the Australian and New Zealand luxury hotel sector with increasing demand,
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Mecwacare has picked up a Melbourne growth corridor retirement village from the former operator. The not-for-profit paid $5.515 million for
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The Royal Oak Hotel in Sydney’s exclusive Double Bay has sold off-market. The Ryan family is understood to be paying
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Centuria has sold another shopping centre seized with its takeover of Primewest five years ago. Sydney-based Manning Property Partners Group
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Anthropic has signed its first Australian data centre agreement, committing to the first stage of a $31.9 billion hyperscale campus
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Goodman Group has been given the green light to replace a suburban Sydney office with a 135-megawatt data centre. Project
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A housing estate in the planning system for eight years will finally take shape with the site selling to developer
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A group led by property veteran and developer Max Beck has backed the first broadly offered acquisition by Wizel Invest, buying a Woolworths-anchored shopping centre in Melbourne’s outer south-east.
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IHG Hotels & Resorts has added two New South Wales assets to a recently formed partnership with Urban Property Group.
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The state government has found a buyer for a 3.55-hectare Brisbane growth corridor site marketed for its potential to yield
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Dexus has sold a north Brisbane logistics facility for almost double what was paid in 2014. The 1.9 hectare investment,
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GPT has snapped up a Brisbane CBD office for the same $380 million the vendor paid seven years ago, through its value-add partnership backed by US investment house
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Canadian-owned Australian Defence Apparel has leased a major office/warehouse within a business park replacing an ex-Woolworths distribution centre in Melbourne. The
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A Brisbane-based fund manager is buying Tasmania’s only Sebel. The five-level, 49-suite hotel at the south-west corner of St John
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A 1970s Lower North Shore childcare centre, marketed for its potential to yield over 20 apartments in a luxury project,
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Calvary Health Care has won the battle for Healthscope, with a consortium led by the Catholic not-for-profit set to take control of Australia’s second-largest private hospital operator.
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Brisbane’s Beat Megaclub – said to be Australia’s longest-running nightclub – has finally sold. The three neighbouring properties, 669, 671
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Brookfield has agreed to buy a piece of the former Ford manufacturing plant, in Melbourne’s north Broadmeadows. The 11 hectare
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Bathla’s collapse has left a private-credit lender list stretching across more than 40 financiers, alongside $145 million owed to the
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The Prahran Mechanics’ Institute has sold a Chapel Street property held since the 1850s. The PMI Victorian History Library, as
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Sam Arnaout’s Iris Capital has sold the historic Wisemans Inn Hotel, four years after buying it from former Wallabies player Bill Young. The property
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POD Developments has sold a recently completed large-format retail centre in Brisbane’s south west for $33.85 million. Richlands Home &
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Wingate and IP Generation founder Chris Lock have sold a vacant Adelaide CBD office – a deal we mooted seven months ago.
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Stockland has sold two recently completed Sunshine Coast childcare centres. In the biggest deal, Green Leaves Early Learning Birtinya traded for
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Australian-linked groups have bought two major suburban Auckland shopping centre investments. In the biggest deal, the Glasson family has paid c$250.1 million (NZ$308.36m)
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Stockland has applied to build almost twice as many apartments and increase the height of a proposed Brunswick apartment complex,
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Brookfield Asset Management has completed a 40-storey student accommodation tower near Melbourne’s top tip. The 715-room, 1010-bed complex dubbed Market
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An inner-city Melbourne building, subdivided in two and rented separately, has sold as one. The office/warehouse at 51-55 and 57-59
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Sydney’s heritage-listed SS South Steyne, which spent 36 years carrying passengers between Circular Quay and Manly before becoming a floating
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EXCLUSIVE Azure Group has snapped up a south-east Brisbane site offered for the first time in 120 years. The 1.06
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The state government has selected five developers to deliver nearly 2200 apartments across five sites spanning 6.1 hectares at Northshore
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Singapore-listed Mapletree Logistics Trust has sold a major west Melbourne warehouse – nearly 10 years after buying it from Growthpoint.
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A two year old specialist disability accommodation investment in Melbourne’s north-west has sold for $7.32 million. The result for the four-level property, 36A East
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Deltine Capital has taken control of a major chunk of a motel strip in one of Victoria’s best-known regional towns.
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Two prominent occupiers have recommitted to office precincts, east and west of the country. In Sydney, the state government’s eHealth NSW has
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Developer Theo Samaras has bought the seven-level Rundle Place car park from Growthpoint. The Grenfell Car Park, as it is
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Developer Stockwell has completed a new retail centre within the former Boggo Road Gaol precinct, three kilometres from Brisbane’s CBD.
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Griffith Group has sold another commercial piece of a major housing estate ex-footballer Fraser Brown is developing in Melbourne. The
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A sprawling industrial investment beside Merri Creek, in Melbourne’s north, has sold for $19 million. Leased to SPARK Trawalla Logistics
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Colliers office leasing specialist James McMahon shares how repositioning and activating existing CBD assets can improve leasing performance. Melbourne’s CBD
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Colliers flexible workspace specialist Barney Wilson on the changing role of flex and what’s next for the sector. Flexible workspace
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Victoria’s proposed work-from-home laws have been thrown into fresh doubt after constitutional lawyers warned the scheme could be rendered inoperative
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EXCLUSIVE Charter Hall has quietly sold an ex-Suez waste plant after nearly 10 years. The 1.9 hectare holding, 64-84 Waterview
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EXCLUSIVE Entertainment complex operator Harry Kourbeis has bought another tenpin bowling centre in Melbourne’s south-east. The Oz Tenpin and former
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