Asset managers trade Melbourne office
AEW has sold its maiden Melbourne investment after six years. The Boston based asset manager is banking just over $170
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Outgoing REA chief downsizes to $9m mini manor
Soon to retire REA Group chief executive officer Owen Wilson and his wife, Leisl, have snapped up the historic Afton,
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Charter Hall lines up another triple supermarket anchored mall
Charter Hall is believed to be buying the landmark Burwood One shopping centre – the home of Australia’s first Kmart,
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Barings eyes office, warehouses worth $425m
Barings is speculated to be spending c$425 million on an A-grade office leasehold and two distribution centres. In the biggest
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Public Transport Authority buys office from landlord
The Public Transport Authority of Western Australia has bought a Perth CBD office from the landlord. The former Sunday Times
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Deluca sells piece of Berrinba Central
Deluca Corporation has sold a two year old office and essential services asset, part of Berrinba Central, in Brisbane’s Logan
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Medical fund manager sheds Brisbane investment
A Healthley fund has sold neighbouring Brisbane essential services investments held eight years. The medical focused asset manager is banking
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Barwon divests medical-office
Barwon Investment Partners has sold a medical-office asset after four years. The Red Cross headquarters – Humanity Place – at
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Falcon receivers take major hit on Richmond site sale
EXCLUSIVE A receiver for Falcon Capital has sold a major Richmond development site for about $13 million – some $5.4m
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US timeshare giant buys Hepburn Springs resort
Florida based hospitality giant Travel & Leisure Co has bought Hepburn Springs’ recently renovated Hotel Bellinzona, now set to be
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Dubai asset manager sells maiden Australian investment
Sidra Capital, which invests in Shari’ah-compliant assets, and 90 North Real Estate Partners, have recorded a modest capital gain from
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First time commercial real estate investor buys preschool
The 10 year old Bingara Gorge Community Preschool has sold to a first time commercial property investor, also a doctor,
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Investor pays cash for residential, commercial asset
A five level strata titled residential and retail investment south of Gladstone has sold for $14.5 million cash. The result
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Leyton spends $27.5m for Adelaide investment
Leyton Funds has bought a major industrial investment in Adelaide’s north. Following an off-market deal, the asset manager outlaid $27.55
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Syndicate sells Quest Albury
A syndicate managed by Paul Lachal for Findex and Alceon Funds Management has would up following the sale of Quest
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Asset managers trade Sydney business park
Wentworth Capital has added a major investment to an opportunity fund launched last September. The asset manager is paying $152.1
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Investor buys McDonald’s from IP Generation “sight unseen”
Chris Lock’s IP Generation, since May owned by MA Financial, has sold a McDonald’s restaurant carved from the Glendale Shopping
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Developer snaps up Seven Hills sites
The largest industrial development site offered in Seven Hills this year – spreading 1.14 hectares – has sold. Sky Grand
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Wellness fund sheds assets worth c$60m
HMC Capital has shed four more assets from the HealthCo Healthcare and Wellness REIT. In the biggest deal, the manager
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Bunnings converted retail centre sells for $8.7m
A Bunnings converted large format retail investment at Warwick, 80 kilometres south of Toowoomba, has sold for $8.65 million. The
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Historic Peter Jackson store sells again
A historic four level Bourke Street building, the ground floor for decades occupied by Peter Jackson, has sold for the
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Infection specialist doubles down at Macquarie Park
Nanosonics – which turns 25 this year – has signed the biggest Macquarie Park lease deal since 2023. The group,
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Designer drops $10m for HQ, showroom
Austrian wine glass designer, Riedel, has quietly purchased a prominent North Sydney building, outlaying $10.3 million. At 1 West Street,
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Industrial developer drops $19m for Sydney site
The owner of plastic bag manufacturer Fresh & Green has sold its south west Sydney base of 24 years to
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Orchard spends $10m on housing estate site
Orchard Property Group has quietly purchased a low density housing estate block at Bellmere – about 55 kilometres north of
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Sydney convenience retail investment sold after 30 years
A prominent convenience retail investment west of Sydney leased to KFC and the Salvos sold at auction last week for
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Receivers sell Wodonga housing estate site
Receivers have sold a low density housing estate site nine kilometres south of Wodonga. The 65 hectare parcel 92 Martins
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Offshore developer swoops on Northbridge hotel
SJD Group Australia has settled on the purchase of the Northbridge Hotel and Village – 15 months after it applied
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Historic Niagara House trades for $10m
The historic Niagara House in Little Bourke Street, part of the Hardware Lane hospitality precinct, sold just after auction Thursday.
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CSR banks $29m from Melbourne warehouse
CSR has sold a major former manufacturing plant held 46 years. The 3.66 hectare holding, 159-171 Wellington Road, Clayton, is
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Government investment arm buys car showrooms
The City of Brisbane Investment Corporation has bought a row of car showroom with a leaseback. The result for 200
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Sentinel invests again in Darwin
Elanor Investors Group has sold Sentinel Property Group two neighbouring large scale assets within the Darwin Business Park at East
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Occupiers trade west Sydney office/warehouse
The owner of joinery business H Dallas has sold its Revesby base of nearly 20 years. The 3816 square metre
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Developer lists $88m Toorak pile
V-Leader founder Andy Zhang and his wife, Miaomiao, have listed adjoining sites in Toorak’s tree-lined Lansell Road after abandoning plans
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Warren Livingstone renovates, sells historic pub
Warren Livingstone has sold McGraths Hills’ Australian Hotel after three years and a major renovation. The publican, sports administrator and
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Solomon Lew buys major office from landlord
Solomon Lew has snapped up a St Kilda Road office with development upside on a double block abutting Fawkner Park,
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Asset managers trade two Victorian healthcare centres
Westbridge Funds Management has seeded a healthcare trust with two Victorian investments worth $22.5 million. The pricier property – the
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Landmark infill industrial asset for sale
A prominent inner west Melbourne industrial estate, with 16 warehouses on 10.1 hectares, was listed for sale this week. With
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Prominent South Melbourne buildings fetch $17m
A prominent retail investment with imminent development upside opposite South Melbourne Market and near that complex’s car park entrance, has
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Nespresso returns to Pitt Street Mall
Seven years after quitting the Pitt Street Mall for George Street – Nespresso is coming back. The coffee retailer will
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Two tenants fill ex-Nolan Group HQ
One of seven south east Melbourne buildings vacated by textiles supplier Nolan Group following its consolidation to one office/warehouse, has
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Reds Group snares Brisbane mall for discount
Paul Freestone’s Reds Group has been revealed as the buyer of Redcliffe’s Bluewater Square, for $32 million. The neighbourhood shopping
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Macquarie arm buys growth corridor LLC site
Peet Limited has sold a piece of a 126 hectare Flagstone housing estate to Macquarie Asset Management backed Millbray, for
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Burnett family sell historic Geelong pub
The Burnett family has sold Geelong’s St Lords Hotel after 45 years. The freehold – 3542 square metres at 3
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Logistics giant leases Sydney intermodal facility
Goodman has quietly secured a tenant for a significant intermodal facility bought for c$200 million in March. The 12.9 hectare
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Redhill secures Dandenong Ranges retreat for a discount
Redhill Hospitality Group has picked up another regional hospitality asset, this time for $6.15 million. The price for the Panorama
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IP Generation flips regional NSW mall
IP Generation has flipped the Imperial Centre Gosford – part of a $300 million portfolio bought four years ago from
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Union sells Carlton HQ
The Australian Services Union has sold its Carlton headquarters of 36 years. The three level office on 1026 square metres
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US giant swoops on Ayers Rock Resort
Ayers Rock Resort will be back in private hands following a c$300 million sale to Journey Beyond, controlled by New
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Irongate buys sixth investment this year
Irongate has snapped up its sixth investment this calendar year. The steel manufacturing plant at Glendenning cost $39 million –
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IP Generation eyes $700m Brisbane mall
Chris Lock’s IP Generation, since mid-year an arm of MA Financial, is eyeing another land-rich shopping centre, this time in
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PARC sheds Fremantle’s Piazza after three years
PARC Developments has sold the biggest of two neighbouring properties bought in 2022, in Fremantle’s South Terrace retail heart. Also
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NSW’s biggest CBA branch sells to Melburnian
A Melbourne investor said to be backed by Asian capital has swooped on New South Wales’ largest Commonwealth Bank of
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Industrial investment fetches $22m with a leaseback
The owner of Design RV has sold a recently completed manufacturing plant with a leaseback. The off-market deal for 5
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Modest capital gain from Quest held nine years
A Singaporean syndicate has made only a modest capital from a north Adelaide serviced apartment complex held nine years. Quest
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Hale buys $50m Melbourne warehouse to extend
Hale Capital has quietly bought Oakleigh South’s recently vacated Synnex headquarters with plans to extend and repurpose it as a
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Lifestyle sells Ocean Grove block
Aged care and land lease operator Lifestyle Communities has sold an Ocean Grove tract – one of four sites it
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Millinium snares another ex-Jon Adgemis pub
The unwinding of Jon Adgemis’ once significant hospitality empire continues, with receivers selling another pub. The freehold going concern of
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Not for profit, SC Capital find Parramatta tenants
Vision Australia has found a tenant to let its former Enfield Centre at Parramatta. Another not-for-profit, Life Without Barriers, will
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ASX listed car dealer buys Southport amalgamation
Motor industry interests snapped up separate Gold Coast properties this month. In the biggest deal, ASX listed Autosports Group Limited
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Avive chooses site for maiden SA hospital
Australia’s only psychiatrist owned and operated mental health group, Avive Health, has pre-committed to a 60 bed private hospital –
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Gibb Group sells Chep Service Centre
Matthew Gibb has sold a modern CHEP Service Centre north of Adelaide. On 5.6 hectares, 37 Caribou Drive, Direk, collected the
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Developers trade Brisbane housing estate site
CFMG Capital has sold a chunk of Park Ridge’s Birchwood Estate. The 15.75 hectare amalgamation, 95-103, 105-115 and 117-127 Koplock
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Gravanis brothers snap up Barangaroo building
Lendlease has sold a modern mixed-use building overlooking Pyrmont Bay – part of its $10 billion Barangaroo South precinct. The
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Armadale supersite sells between owners
EXCLUSIVE An enormous retail complex and gym in Armadale – one of the exclusive precinct’s largest undeveloped sites – has
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Family offices trade Chapel Street ‘huts site’
Family offices have traded South Yarra’s ‘Chapel Lane huts’ site, actually in Chapel Street, permit ready for a seven level
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Autopact buys two yards from landlord
Major car dealer Autopact has bought two regional New South Wales yards from the landlord at disparate yields blended to
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Volkswagen hunkers down in Melbourne
Volkswagen Group – behind 10 brands including Bentley, Ducati, Lamborghini and Porsche – has renewed its tenancy at a major
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Charter Hall bags unique Sydney mall
Charter Hall has bought one of three triple supermarket anchored Sydney shopping centres. Also with a permit for a multi-building
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Asset manager sells St Lucia Marketplace
Trident Funds Management has sold St Lucia Marketplace – its first retail investment – after just over five and a
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Elizabeth Street shops, apartments sold
A mixed-use building spectacularly located on Elizabeth Street, opposite the GPO, occupied by H&M, diagonally adjacent to Bourke Street Mall,
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Aldi sublets Prestons warehouse
Aldi has secured a national transport company to sublet part of a cold storage and distribution centre in Sydney’s south
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Desane strikes sale, lease deals at Lane Cove West
Desane Group Holdings has leased and sold near neighbouring office/warehouses in the Lane Cove West industrial estate. The group is banking
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Sydney council banks $19.1m for land
The City of Canada Bay has reaped $19.1 million – well over expectation and reserve, according to the agents –
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Manly backpacker sold, set for refurb
The Manly Boardrider backpacker complex has sold as a freehold going concern and will now be refurbished. Able to sleep
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Weave makes maiden Australian accommodation play
Weave Living – backed by KKR and Warburg Pincus – has bought an inner south west Sydney site with plans
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Barwon divests regional medical centre
Barwon Investment Partners has sold another regional Western Australian asset from the Healthcare Property Fund. The group is effectively breaking
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Site chosen for maiden Melbourne Wendy’s store
Flynn Restaurant Group, owner of fast-food chain Wendy’s, which announced earlier this year plans to trade in Australia, has chosen
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Sprawling Perth bar and bistro trades for $5m
A large format hotel north of Perth sold after an Offers to Purchase campaign closing last month. The Alexander Bar
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Country motor inn trades between operators
Redhill Hospitality has shed a regional New South Wales motel, restaurant and bar after eight years. The Crest Motor Inn
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