James Packer takes hit on LA mansion sale
James Packer has sold a Beverly Hills mansion – five weeks since buying a replacement twice the price, at Bel
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Frasers finds buyer for Melbourne CBD office
Frasers Property Australia has found a buyer for a CBD office held a decade. The 22 level 357 Collins Street
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Fitzroy church leased, set for repurpose
The historic St Marks Church of England Hall in tree-lined George Street, Fitzroy, is set to be repurposed. Operators of
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Racing club leases office near track
The Moonee Valley Racing Club is amongst a swag of tenants to recently commit to the ex-Australian Taxation Office near
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ESR, Up secure major industrial tenants
JOST Australia – a subsidiary of Germany’s JOST-Werke – will relocate its local headquarters within Melbourne’s west. The supplier of
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Dexus opportunity fund backs over-55s resort apartments
A Dexus opportunity fund which co-invests, co-develops and has a credit arm targeting projects traditional sources could be reluctant –
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Life science developer settles on Alexandria amalgamation
Life science real estate developer and investor Kurraba has settled on the 5351 square metre Alexandria amalgamation it intends to
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Real estate agency founder sells Geelong shopping centre
EXCLUSIVE A consortium including a co-founder of commercial real estate agency Burgess Rawson has sold a neighbourhood Geelong shopping centre.
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Coles moves forward with leafy east Melbourne store, apartments
Coles Group is moving ahead with a mixed-use complex it will anchor the supermarket component of, in Melbourne’s exclusive east
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Sunrise co-host records major windfall from apartment sale
Sunrise co-host Edwina Bartholomew and her husband, journalist turned hotelier Neil Varcoe, have sold their recently refreshed apartment in Woollahra’s
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Mulpha banks $85.5m for Gold Coast mall
Mulpha International Bhd has sold the Capri on Via Roma convenience and lifestyle entertainment complex after three years. The Malaysia-backed
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Melbourne businessman trebles outlay selling prominent resort
Moose Toys chief executive officer Paul Solomon is recording a major windfall selling Miami’s Nalu resort after eight years and
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Cadence banks $12.8m from Melbourne site
Charlie Buxton’s Cadence Property Group has quietly sold an industrial development site in an outer south east Melbourne growth corridor.
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Timeless buys neighbouring Brisbane industrial sites
Timeless Property has swooped on two serviced, benched and retained sites at Goodman Group’s Redbank Motorway Estate. All up covering
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BHP razing ‘world’s toughest pub’ for park
BHP is razing the outback hotel once described as the world’s toughest pub, for a park. The mining giant paid
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SAP secures another NSW retirement village
Brisbane based SAP Capital, headed by Sid Gupta and behind the Easy Living Villas brand, has quietly bought another retirement
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Part vacant service centre fetches $9.7m
The Oasis Service Centre in Brisbane’s Slacks Creek has sold for the second time in two years. On 6004 square metres,
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US apartment developers quietly trade prominent Fitzroy site
Two US based developers and investment houses have quietly traded Fitzroy’s outgoing Streamline Press plant. Pembroke Group will now replace
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Elanor, Heitman shedding major Melbourne mall
Charter Hall is making another play for a major Victorian shopping centre, this time in south east Melbourne’s Mulgrave. The
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Investor buys office for NT’s first voco hotel
Prominent Territory developer John Halikos has purchased Darwin’s rundown Health House and pre-committed IHG Hotels & Resorts to operate it
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Godfreys buys HQ from landlord
Godfreys Commercial – acquired last year with Godfreys by Future Innovation Holdings – has purchased its west Melbourne headquarters from
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G’day Group sublets waterfront holiday park
G’day Group has sub-let the Bargara Beachfront Holiday Park (pictured, top) near Bundaberg. The Adelaide-based ASX listed group won a
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Adelaide Hills Dan Murphy’s trades on 5.1pc yield
Endeavour Group has sold an eight year old Dan Murphy’s at Mount Barker, the largest town in the Adelaide Hills.
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Clarence sells Brisbane growth corridor Woolies
EXCLUSIVE Clarence Property has sold the second of two south east Queensland shopping centres acquired from Canute Investments six years
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Northwest lists medical centres opposite Box Hill Hospital
Northwest Healthcare Properties Australia controlled REIT, the Vital Healthcare Property Trust, is selling two essential services investments opposite Box Hill
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Gina Rinehart’s Hancock Prospecting proposes $250m business hub
Hancock Prospecting, owned by Australia’s richest person, Gina Rinehart, is seeking to build a $250 million office and serviced apartment
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Hong Kong’s richest person banks $33m from Victorian farms
Hong Kong’s richest person, Li Ka-shing, is banking just over $33 million from a major Goulburn Valley aggregation growing, amongst
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Last two blocks sold in Melbourne industrial estate
The last two blocks at Plus Property’s Axiom Estate in Melbourne’s west are selling. A combined $22.7m is being achieved
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Family sells farm surrounded by housing estates
An offshore developer has swooped on a high-profile rural property surrounded by housing estates at Hammond Park – now a
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Mick Fanning sells Gold Coast house ahead of auction
Championship surfer Mick Fanning and his partner, Breanna Randall, have sold their former waterfront Bilinga family home ahead of an April
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Sentinel snares Brisbane office for new fund
Sentinel Property Group has swooped on a Fortitude Valley investment for a new fund targeting offices in Brisbane Olympic Games
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Gurner, HR Legal choose lux new South Yarra office for HQ
Alfasi Group has secured four tenants to a South Yarra office completed in December on a site for years owner-occupied
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Region doubles outlay with Sydney mall sale
Region Group has doubled its outlay selling a Woolworths-anchored west Sydney mall after 11 years. Greystanes Shopping Centre has collected
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Mirvac sells shops within Nine HQ redevelopment
Mirvac has sold two prominent shops within its $800 million residential-based redevelopment of the ex-Nine studio, at Willoughby. One investor
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Prominent Townsville car yard sells on third attempt
A prominent car yard a kilometre from the Townsville town centre has sold on its third attempt since 2022. Covering
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UK giant leases Harry Seidler’s only hotel for lux brand
ISPT has committed IHG Hotels and Resorts to the only guesthouse completed by revered architect Harry Seidler. The c1986 25
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Frasers, Morgan Stanley seed industrial venture with eight assets
Frasers Property Industrial – controlled by Thai billionaire Charoen Sirivadhanabhakdi – today announced its first Australian capital partnership, choosing Morgan
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Lindsay Fox, Max Beck prepare to develop prominent piece of Essendon Fields
EXCLUSIVE The operators of Essendon Fields, owned by billionaire Lindsay Fox and Max Beck, replacing land around Essendon Airport, are
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Ex-AFL star moves Melbourne hotel
EXCLUSIVE AFL star turned property developer Jose Romero has moved a contemporary suburban Melbourne hotel. The Punthill Essendon North at
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Engineers Australia, Flybuys choose replacement HQs
Two high profile brands will move Melbourne CBD headquarters to 181 William Street, part of the two-tower CBW complex (pictured,
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Aged care providers trade $50m Melbourne village
Andrew Philip has sold the last asset held by RCA Villages, which he created in 2008 after holding senior positions
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Australian Unity sells dwellings around aged care home
Australian Unity has sold three dwellings either side of its Infinite Care – Southaven aged care complex, at Padstow Heights.
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Waugh snares North Sydney pub off-market
John Azar has sold North Sydney’s Union Hotel on his second attempt. The publican is breaking even on the deal,
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Wittner enters administration
Footwear retailer Wittner has entered administration. Established in 1912 and with over 20 standalone outlets, 25 department store concessions and
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April Group secures Hunters Hill hospital
Asset manager April Group has picked up the Hunters Hill Private Hospital from Australian Unity’s Healthcare Property Trust. The deal
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Westbridge sheds last asset from diversified fund
Westbridge Funds Management has sold the final asset from the Diversified Property Trust delivering unitholders a 156.6 per cent net
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Major Sunshine Coast warehouse trades off-market
EXCLUSIVE A major Sunshine Coast manufacturing, research and logistics base, purpose built three years ago to occupy by Quik Corp,
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EY renews anchor tenancy in distinctive Sydney tower
EY has renewed it anchor tenancy at Sydney’s distinctive 200 George Street. The 25,850 square metre deal runs until December,
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Display goods group to consolidate in Melbourne’s south east
SJ Display Group will consolidate from two locations to an office/warehouse being developed speculatively by Frasers Property Industrial, in Melbourne’s
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Melbourne transport company commits to Brisbane Markets
Brisbane Markets Limited, owner and manager of the 77 hectare fresh food market and business park, at Rocklea, has filled
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Occupiers drop $11.9m for Malaga warehouses
Two sizeable vacant warehouses a couple of hundred metres from each other at Malaga, 10 kilometres north of Perth, have
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Cladding group expands at Tullamarine
Frasers Property Industrial has filled part of a business park in Melbourne’s north west Tullamarine prior to it being vacated.
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Manulife snaps up Masters-turned-logistics investment
Manulife Investment Management has made its first direct Australian real estate investment – a Masters turned distribution centre, in west
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Campaign launched to replace Kew’s ex-VicRoads HQ
EXCLUSIVE Development Victoria has launched a campaign to sell the ex-VicRoads headquarters, near Kew Junction, for a residential project. About
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Council buys Bunnings from Charter Hall
Newcastle City Council has bought a major Bunnings backed warehouse as an investment. The 9437 square metre outlet on 3.8
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Fund managers trade major Adelaide distribution centre
EXCLUSIVE ESR has quietly sold another major industrial investment, this time at Dry Creek, 10 kilometres north of Adelaide. The
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Kelsian sells bus depot portfolio with leasebacks
Kelsian Group – the country’s largest integrated multi-modal transport provider and tourism operator – has sold three Western Australian bus
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Ballet Theatre of Queensland to shift HQ
Ballet Theatre of Queensland – Australia’s oldest dance company – will relocate its headquarters within Stafford. The not for profit
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Williamstown warehouses fetch $9.5m
An interstate investor has swooped on a trio of small Williamstown warehouses offered individually. The properties, A, B and C,
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UBS locks four more tenants to ex-Australia on Collins
Four more tenants have committed to the ex-Australia on Collins shopping centre, also formerly known as St Collins Lane, which
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Taiwanese giant snaps up 5-star Melbourne hotel
Taiwan backed Shayher Group, which has a local office in Brisbane, has outlaid $200 million for another Australian 5-star hotel.
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Not for profit sells vacant aged care home
EXCLUSIVE Mercy Health has sold an inner west Melbourne aged care home it operated until three years ago. Vacant since
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Doma seals Canberra, Newcastle office lease deals
Canberra based developer and investor Doma Property, which turned 50 last year, has sealed four office lease deals. In Newcastle,
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Farmland deal worth $780m falls through
A major sheep station portfolio deal worth $780 million has fallen through. Australian Food and Agricultural Company, previously controlled by
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Up Property swoops on CBD corner office
Up Property has purchased its first Melbourne CBD investment – an office highly exposed to a tree-lined section of Queen
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Chemist Warehouse execs dig deep for Oakleigh store
Executives for Chemist Warehouse, which was listed on the stock exchange February, have picked up another asset occupied by the
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Ryman, DM trade slice of ex-school
Ryman Healthcare has sold a piece of the former Brandon Park Secondary School at Wheelers Hill to a townhouse developer.
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Offshore investor buys inner-city boarding house
An offshore investor has purchased a fully leased, under-utilised boarding house in Sydney’s inner west Ashfield. The three level complex
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Broome clinic sells for second time in four years
A state government backed office and medical centre in Broome’s Cable Beach has sold for the second time in four
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Not for profit to shift HQ within South Melbourne
Southport Community Housing Group will switch its headquarters within South Melbourne. The not for profit has leased a 220 square
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Investor buys Art Deco apartment block
Historic Hunter Lodge, in beach side Tamarama, has sold on a second attempt. The vendor had to accept a discount
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Beyond Bank sells ex-ACT office
Beyond Bank has sold a Mawson office it part occupied for decades. The two level building on 1604 square metres
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Popular German restaurant commits to maiden Melbourne space
Popular Geelong German restaurant Das Bierhaus is coming to Melbourne The operators have chosen a 575 square metre space, the ground
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La Trobe University kicks off $5b rebuild
Construction has started to rebuild La Trobe University’s Bundoora campus as a $5 billion education and innovation hub supported by
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GMH to consolidate in Dandenong South
EXCLUSIVE General Motors Holden Australia and New Zealand will consolidate it local operations to a recently completed warehouse at Dandenong
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EG sheds two Sydney industrial investments
EG Group has settled on the sale two major Sydney industrial investments from the Australian Core Enhanced (ACE) portfolio. In
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Sprawling inner-west industrial investment trades on low yield
An uber-prominent showroom/warehouse in Melbourne’s inner west has traded off-market. The $15.5 million achieved for 79 Sunshine Road and 4
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Suburban Brisbane Sebel trades for $22.4m
Alivio Group has swooped on a near-new Sebel branded hotel in Brisbane’s north east. The four storey, 56 room asset
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Occupier spends $35m for Melbourne industrial site
Saputo Dairy Australia – backed by Canada’s Saputo which in 2018 bought Murray Goulburn Co-operative – has sold another major
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Cromwell, Elanor secure high profile Melbourne office tenants
Cromwell has renewed Metro Trains Limited to nearly a third of its 700 Collins Street office (pictured, top), at Docklands.
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