Two luxury bathhouse operators secure prime Melbourne sites
Two wellness centre operators have secured prominent inner-city Melbourne sites – a response to a recent surge in demand for
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Oscars pays $54m for west Sydney hotel
Oscars Group has acquired a south west Sydney pub for $54 million. The South Terrace Hotel at 280 South Terrace,
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Holdfast doubles down in Darwin
EXCLUSIVE Holdfast Funds Management, formed mid-last year and chaired by former Vicinity Centres chief executive Grant Kelley, has bought its
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Ascot snares Wagners portfolio
ASX listed Wagners Holding Company has sold three Queensland warehouses with leasebacks. The construction materials supplier banked $43 million for
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GreenFort buys site for modular home estate
GreenFort Capital has bought a major Northern Rivers site with plans for a modular home estate. The Brisbane-based asset manager
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Seven Entertainment banks $25m for CBD site
Seven Group Holdings has sold a central Perth development site for $25 million. The 3,334 square metre parcel, known as
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Ipswich motel fetches record price
Deltine has settled on another regional hospitality investment for the High Yield Fund. The Country Motel Ipswich set it back
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Apartment developer snares neighbouring Drummoyne homes
Central Element is the latest developer to acquire a Sydney site from separate owners. The 1700 square metre holding, 15-21
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Victorian council sells KFC restaurant
EXCLUSIVE A Victorian council has sold a recently renovated high-profile fast-food investment for $4.875 million. The result for the KFC
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Another Melbourne council buys home site for parkland push
EXCLUSIVE A Melbourne council has bought three neighbouring homes near a strip retail precinct, to repurpose for a park. The
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DWS buys swank Sydney office
Funds managed by Germany’s DWS Group have acquired a stake in an A-grade Sydney CBD office – the transaction valuing
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Queensland Officeworks trades for $14.5m
A northern Queensland Officeworks has changed hands following an expressions of interest campaign closing late last year. The Hermit Park
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Council banks $7.8m from residential subdivision
Blacktown City Council has banked $7.82 million for 10 subdivided sites at Cinnamon Gardens estate at Riverstone, west of Sydney.
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Salta to develop harbourfront Docklands site at last
Salta Properties is ready to develop a spectacularly located Docklands site held 17 years. The group has just won permission
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Trilogy sells Mackay warehouse after extension
Trilogy Funds has sold a Mackay industrial investment after eight years, an extension and revamp. The asset manager also renewed
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Green light for $1.1b Melbourne industrial estate
IFM Investors, which in December took over ISPT, has won permission to start replacing a major Melbourne farm with a
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QIC sheds balance of Adelaide industrial portfolio
QIC has sold the last three properties from a portfolio of Adelaide industrial investments listed last year. Local asset manager
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Buckland House set for extension, repurpose
Keppel has secured a warehouse at Chippendale with plans to repurpose it as a co-living investment. Buckland House at 19-21
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Asset managers trade stake in Adelaide’s biggest mall
JY Group is speculated to be in advanced negotiations for a half stake in Adelaide’s largest and only Super Regional
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Deltine buys Coffs Harbour motel
Deltine Capital has bought a fifth asset for the High Yield Motel Fund, which launched in 2023. The waterfront Observatory
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Ghassan Aboud lists trophy hotel
Syrian billionaire Ghassan Aboud has listed one of Brisbane’s most distinctive luxury hotels after five and a half years. The
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Austal leases waterfront Fremantle office
Global shipbuilder Austal has leased the final two floors of the waterfront Marine House in Fremantle, bringing the building to
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School buys ex-noodle house
A retail property in a tightly held Asian hospitality precinct has sold to an adult education provider which plans to
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Guy Grossi sells Melbourne hotel
Recently retired restaurateur Guy Grossi has taken a hit selling a historic Melbourne hotel after three and a half years.
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Mackay childcare centre trades at 5.8pc yield
An Imagine Childcare and Kindergarten backed essential services investment in Mackay’s north Andergrove has sold. The $6.45 million result for
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Asset managers trade Perth warehouse
QIC and Fife Capital have sold another co-held industrial investment, this time in Perth. The Welshpool holding, 2-10 Kewdale Road,
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Stockland buys Melbourne housing estate site
Stockland has bought a permit-ready housing estate site in Melbourne’s north east. The deal for the South Morang parcel –
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United Petroleum co-founder lists Mornington Peninsula retreat
United Petroleum co‑founder Avi Silver has put his Mornington Peninsula retreat on the market. The contemporary Merricks North home on
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Spotlight buys LFR investment
Spotlight Property Group has bought a large format retail investment at Moorabbin Airport. The sale price for the Moorabbin Retail
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Russo buys Brisbane large format retail investment
Russo Investments has quietly bought a large format retail asset, in Brisbane’s north. The 7271 square metre Virginia holding, 2043 Sandgate
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City investors trade small South Coast mall
A Melbourne investor has sold a NSW South Coast shopping centre held five years. Tuross Head Shopping Village at 38-52
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IMG spends $160m for Tamworth pub portfolio
IMG Hotels has acquired five pubs in Tamworth for a combined $160 million. The Longyard Hotel, Southgate Inn, Family Hotel,
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Melbourne institution the Vegie Bar sold before auction
EXCLUSIVE The buildings which since 1988 have accommodated the popular Vegie Bar have sold before auction. The hospitality group buyer
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Developer secures another business to ex-Lunar Drive-In
Racking Supply Australia has consolidated its Melbourne operations to a Dandenong South office/warehouse leased last year initially for its Dexion
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Martin family sell Adelaide shopping centre
The Martin family has sold the Pelican Plaza at Ridgehaven, 15 kilometres north east of Adelaide. The 1.2 hectare asset
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Ex-Ford factory reborn as industrial estate
A chance to own a piece of motoring history has come up, with Pelligra Group beginning to replace the ex-Ford
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Fawkner buys Melbourne HQ from landlord
Fawkner Property has bought the A-grade office it rents for its headquarters. On a double sized block in the part
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Woolworths sells 10 assets to billionaire family
Woolworths Group has sold 10 retail investments in one line – part of a program to recycle real estate capital.
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RSL snaps up $30m hotel
Waverley RSL Sub-Branch has acquired the ibis Melbourne Glen Waverley for more than $30 million, securing a long-term base in
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Investors swoop on $10m childcare centres
Two Sydney childcare centre investments have traded for about $10 million apiece. At St Marys, a five month old, 104
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Flagstone industrial site sold for $15m
Norhart Developments has bought an industrial development site in the Flagstone Priority Development Area at North Maclean. The 20.25 hectare
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Time & Place quietly buys inner-city Melbourne site
Time & Place has bought two modern, low rise offices from separate owners, with plans to replace the amalgamated site
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Toorak apartment owners unite, sell to developer
The owners of six strata titled apartments in Toorak have united to sell the block – including common areas –
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Site of former Enigma Bar changes hands
A prominent corner site in Adelaide CBD’s West End has changed hands. The Manera Building at 167A-173 Hindley Street on
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Strata owners unite, sell block for $130m
Danny Avidan’s Dare Property Group has bought a major waterfront development site – an underutilised block of flats – after
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Offshore investors trade Sydney office
Offshore investors have traded a B-grade Sydney CBD office with development upside for $29 million. Singapore based ST Real Estate
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Malaysian developers trade Sydney apartment site
A Malaysian consortium has acquired a permit-ready development site in Sydney’s Macquarie Park. A vehicle linked to Bursa listed Eco
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HMC swoops on two east coast malls
HMC Capital is buying two east coast malls for a retail fund. South of Sydney, the group is paying $71.5
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Interstate AFL club leases Docklands space
AFL club the Brisbane Lions has leased a prominent ground floor space at an A-grade office opposite Marvel Stadium’s southern
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Australian Unity fund sheds renovated WA mall
Banjo Bond’s Cosgrove Group has acquired the Busselton Central shopping centre from an Australian Unity fund. The neighbourhood mall, 30-35
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Mazen Tabet buys another Melbourne boutique hotel
Mazen Tabet has quietly acquired one of Melbourne’s most luxurious boutique hotels – paying $1.67 million per suite. The freehold
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Offshore hotel investors trade Melbourne site
DoubleDragon Property Corp subsidiary Hotel 101 has bought a permit-ready hotel development site exposed to two Melbourne CBD roads. The
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Collective buys Melbourne growth corridor healthcare investment
EXCLUSIVE Collective Capital has bought an 18-month-old healthcare and wellness investment with development upside in Melbourne’s north. The asset at
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Area 51 to expand into ACT
Marking its entry to the ACT, family entertainment operator Area 51 has signed a long-term lease for a large format
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Industrial heavyweight funds Darlinghurst health initiative
St Vincent’s Hospital Sydney will establish an Urban Health Hub in Darlinghurst supported by a $10 million contribution from the
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Dean Petrie leases showroom for X-Golf club
Dean Petrie has leased another Perth property for an X-Golf club. The membership-only sports entertainment venue business will open at
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Centennial, Terraplex trade Melbourne industrial assets
Terraplex has bought a major four-warehouse industrial investment in Melbourne’s north with plans to sell it down for a profit.
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Gallaghers buy Neutral Bay’s Oaks Hotel
Patrick and Angela Gallagher have bought the Oaks Hotel in Neutral Bay, ending about five decades of ownership by the
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Healthcare giant leases bulk of ex-Target HQ
Leaf Corporation has secured a tenant for the bulk of Target’s former headquarters, in North Geelong. Barwon Health has signed
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Row of Lower North Shore shops sell for $33m
EXCLUSIVE Developers Harry and Jilla Vakili have sold a row of shops with significant development upside on Sydney’s Lower North
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Outgoing Tennis Australia boss lists waterfront home
Outgoing Tennis Australia boss Craig Tiley and wife, Alicia, are selling the beachfront home for which they paid a suburb
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Toyota dealer spends $25m for Adelaide sites
Northpoint Toyota has snapped up two adjoining inner-Adelaide industrial properties – only one which was for public sale. The popular
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Turnkey hospital for sale, Melbourne
A turnkey hospital and consulting hub – ready to operate with all necessary clinical infrastructure, including theatres, recovery bays, labs,
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Recently retired Footscray Hospital set to be razed
Development Victoria will begin demolishing the recently vacated Footscray Hospital in the second half of 2026, with an update on
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Guildford Bell home listed with $17.5m hopes
One of Victoria’s most significant modernist homes has returned to market – Seccull House, designed by revered architect Guilford Bell.
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Developer pays $15m for Toowoomba farm
A farm surrounded by housing estates in Toowoomba’s north has sold for $15.15 million. The 11.01 hectare, irregularly shaped Highfields
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Centuria, Morgan Stanley shed Melbourne warehouse
Centuria and Morgan Stanley have sold a multi-tenanted industrial investment in Melbourne’s north. The 1.77 hectare asset, 40 Scanlon Drive,
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CFMG snaps up Gold Coast housing estate site
CFMG Capital – formerly known as Custodian Funds Management Group – has swooped on another housing estate site, this time
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Fife in the black after Brisbane warehouse sale
Fife Capital has sold a Brisbane warehouse for $35 million. The Acacia Ridge investment, 55 Bellrick Street, is speculated to
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Sherpa outlays $19m for Gold Coast block
Christie Leet’s Sherpa Group has settled on the priciest of two Palm Beach development sites bought late last year. The
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Sorrento shops snapped up before auction
A triple fronted retail property on Sorrento’s Ocean Beach Road has sold before auction. The late 19th century limestone building
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Boral, Mirvac permitted to develop ex-quarry
Mirvac has won state government approval to replace a former clay quarry and brickworks in Melbourne’s south-east, seven years after
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Forza in play for Myer Melbourne building
Forza Capital is understood to be pursuing the landmark Myer store on the Bourke Street Mall – a deal which
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Impact sells green Collingwood office
The Liberman family backed Impact Investment Group has sold a four and a half year old Collingwood office for c$110 million.
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Precept spends $21m for Brisbane office
Precept Property Partners is speculated to be paying $21 million for a Brisbane CBD office marketed for its value-add upside.
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Charter Hall sells regional Victorian shopping centre
Charter Hall has sold the Lansell Square shopping centre, in Bendigo’s south west. The off-market deal with an Asia based
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MA Financial snaps up another marina
MA Financial has agreed to buy the Gold Coast City Marina and Shipyard – one of the largest diversified marina
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Brady banks $36m for boutique Melbourne hotel
EXCLUSIVE Brady Group has sold a three year old boutique hotel in Melbourne’s inner east – banking $30.6 million or
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Keneco buys $27m site for Kennards Hire
Keneco, born out of Kennards Hire and predominantly investing in product leased to the group, has paid $27.2 million for a
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Developer secures final pieces of Dianella Broadcast Precinct
Nigel Satterley has bought the ex-Channel 9 and Network 10 broadcast sites in Perth’s inner north from media entrepreneur Bruce
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