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News Office Victoria 

Historic Melbourne House sold, set for refurb

July 4, 2025July 5, 2025 Marc Pallisco

Roxy Pacific has sold the historic Melbourne House, also the former Leo Cussen Centre for Law headquarters, after eight years.

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News Retail Victoria 

ISPT sells ex-Waltons department store

June 30, 2025July 1, 2025 Marc Pallisco

ISPT is taking a hit selling a retail investment in Melbourne’s Bourke Street Mall after nearly 10 years. The six

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News Residential Victoria 

Campaign launched to replace Kew’s ex-VicRoads HQ

April 15, 2025May 6, 2025 Marc Pallisco

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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News Office Victoria 

Salta accepts discount for city office

March 11, 2025March 18, 2025 Marc Pallisco

Salta Properties has finally moved a small CBD office but for far less than hoped. The ex-ASF House, later known

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News Residential Victoria 

London asset manager buys major Melbourne student accommodation complex

March 5, 2025March 11, 2025 Marc Pallisco

M&G Real Estate has swooped on a major student accommodation investment in Melbourne’s inner north. The Unilodge Royal Park or

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News Office Victoria 

Asset managers trade Monash office on double digit yield

March 3, 2025March 4, 2025 Marc Pallisco

Prime Value has divested a major Monash office after 10 years. The asset manager is banking $25.175 million for 700

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Hotels News Retail Victoria 

Justin Hemmes buys council car park with redevelopment plan

February 25, 2025February 27, 2025 Marc Pallisco

Justin Hemmes’ Merivale has snapped up an eight level council car park in Melbourne’s Paris End with plans for a

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News Office Victoria 

Marwood buys Melbourne office at 16pc yield

January 6, 2025January 6, 2025 Marc Pallisco

EXCLUSIVE Abrdn has sold a St Kilda Road office for a dramatic loss on the price it paid 10 years

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Hotels News Victoria 

Sydney pub baron buying another Melbourne site: sources

December 2, 2024February 25, 2025 Marc Pallisco

Billionaire pub baron Justin Hemmes is speculated to be buying another east end Melbourne CBD property with longer term plans

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News Office Victoria 

Collins Street office sold for second time in four years

October 3, 2024October 8, 2024 Marc Pallisco

The historic Collins Street local headquarters for online giant Alibaba has sold for the second time in four years. About

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News Office Victoria 

Fund managers list similar offices with very different price hopes

September 4, 2024September 9, 2024 Marc Pallisco

After a mooted deal earlier this year fell through, Australian Unity has listed a major Melbourne asset – the final

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News Office Victoria 

Ex-Bunnings HQ sells after renovation

August 20, 2024August 20, 2024 Marc Pallisco

Electrical engineering products supplier NHP is buying the ex-Bunnings headquarters, in Hawthorn East, it is understood to occupy. The five

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News Office Retail Victoria 

Fortis snaps up another Melbourne site

August 5, 2024August 7, 2024 Marc Pallisco

KordaMentha has sold the second of two properties seized from Mark Oman’s Residence Company. The double storey warehouse converted office/showroom,

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News Office Retail Victoria 

Daniel Besen, Pask swap permit-ready development site

July 23, 2024July 23, 2024 Marc Pallisco

After receiving approval to replace it with a five level family office (artist’s impression, top), businessman and developer Daniel Besen

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News Retail Victoria 

Hill of Content freehold sold after auction

April 4, 2024June 16, 2025 Marc Pallisco

EXCLUSIVE It should be business as usual – for now – at the city’s oldest bookshop, the Hill of Content,

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News Office Victoria 

Government buys again to protect 101 Collins Street views, light

February 10, 2024February 12, 2024 Marc Pallisco

The owner of Melbourne’s prestigious 101 Collins Street has bought two parts of a neighbouring strata office, in a tactical

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News Office Victoria 

JR Group seals major suburb lease deal

February 8, 2024February 8, 2024 Marc Pallisco

James Richardson Group – which this month listed for sale its unique Abbotsford headquarters, an ex-cordial factory, after five decades

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News Office Victoria 

Garda sells final Melbourne office

November 24, 2023November 25, 2023 Marc Pallisco

Garda Property Group has sold its last Melbourne office as it seeks to become an industrial focused landlord. The ASX-listed

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News Residential Victoria 

Cabrini sells historic ex-hospital to developer

October 27, 2023October 27, 2023 Marc Pallisco

EXCLUSIVE Cabrini Health is selling a vacant palliative care hospital in leafy Prahran East to boutique Sydney developer Abadeen. The

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News Office Residential Victoria 

Gurner, GIC buy Iloura Plaza

September 28, 2023September 29, 2023 Marc Pallisco

Tim Gurner, backed by GIC, has secured St Kilda Road’s high profile Iloura Plaza with plans to replace it with

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News Office Victoria 

Daniel Besen lists permit-ready office site

September 20, 2023November 15, 2023 Marc Pallisco

Daniel Besen – the son of Sussan co-founder, developer and philanthropist, Marc, and Eva, who died two years ago, has

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News Office Victoria 

Ronen family list prominent ex-Stitches building

September 19, 2023September 19, 2023 Marc Pallisco

The high profile ex-Stitches building in Cremorne, a warehouse converted office more recently occupied by MYOB, has been listed by

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News Office Victoria 

Michael Coppel sells corner city building

September 17, 2023September 18, 2023 Marc Pallisco

A partnership including music promoter Michael Coppel has sold a B-grade corner office for c$35 million – the upper end

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News Retail Victoria 

Local secures Cremorne bike dealership, gym

August 22, 2023August 23, 2023 Marc Pallisco

A local occupier has picked up a warehouse converted collector motorbike dealership, café and F45 gym, in a development hotspot

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Hotels News Office Residential Victoria 

Demolition plan back on agenda for century old Melbourne building

August 16, 2023July 4, 2025 Marc Pallisco

Roxy Pacific has listed the city’s Melbourne House, which turns a century this year, after deciding against plans to replace

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News Office Victoria 

Music promoter lists underutilised CBD office

July 22, 2023July 24, 2023 Marc Pallisco

A Melbourne CBD office co-owned by concert promoter Michael Coppel has hit the market with $30-$35 million price hopes. The

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Essential services Industrial News Victoria 

University snaps up two sites near campuses

July 4, 2023July 8, 2023 Marc Pallisco

Monash University has outlaid about $80 million on sites near campuses. In the biggest deal, the group is spending c$50m,

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Essential services Hotels News Victoria 

Melbourne Symphony Orchestra quietly secures Arts precinct site

June 16, 2023June 23, 2023 Marc Pallisco

EXCLUSIVE The Melbourne Symphony Orchestra has quietly snapped up a prominent site in the heart of Southbank’s Arts precinct until

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News Office Victoria 

Zagame family bank premium for riverfront office

May 8, 2023May 10, 2023 Marc Pallisco

Harry the Hirer owner Rick Jamieson has purchased a warehouse converted office on the banks the Yarra River, in Abbotsford,

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Hotels News Residential Victoria 

Eden on the Park sold for BTR project

April 21, 2023April 26, 2023 Marc Pallisco

Home – the Build to Rent platform established by Daniel Grollo Group and backed by Singapore sovereign wealth fund GIC

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News Retail Victoria 

Richmond investments once owned by Wayne Carey for sale

January 31, 2023February 16, 2023 Marc Pallisco

Neighbouring Richmond retail investments once owned by Wayne Carey are for sale. The two properties – a Red Rooster and

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News Office Retail Victoria 

Trophy Queenscliff marina for sale

January 13, 2023January 15, 2023 Marc Pallisco

A consortium including ex-Nufarm director Doug Rathbone has listed the 12 year old Queenscliff Harbour. Covering approximately 4.8 hectares of

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News Office Residential Victoria 

OSK snares under-utilised inner-city site

November 29, 2022December 1, 2022 Marc Pallisco

Malaysian developer OSK Property has picked up a low rise office in one of Australia’s most densely populated zones –

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News Retail Victoria 

Developer snaps up Witches in Britches

November 12, 2022November 14, 2022 Marc Pallisco

It will soon be the end of an era at one of West Melbourne’s highest profile intersections, with the Australian

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News Residential Victoria 

Beulah buys warehouses for townhouses

November 3, 2022November 3, 2022 Marc Pallisco

Beulah International has acquired a heritage Brunswick industrial property with plans for 25 carbon neutral townhouses. The 3705 square metre

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News Residential Victoria 

Greystar swoops on two more Melbourne BTR sites

October 24, 2022October 28, 2022 Marc Pallisco

Greystar has purchased two more Melbourne Build to Rent sites. In inner north Fitzroy, the US-based property giant has picked

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News Retail Victoria 

Central Lonsdale St building fetches $32.6m

October 21, 2022October 23, 2022 Marc Pallisco

An under-utilised commercial investment at the busy pedestrian crossing which connects shopping centres Melbourne Central and Emporium Melbourne, has sold

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News Residential Victoria 

Andrews government offload EVO apartments

August 30, 2022September 2, 2022 Marc Pallisco

The Andrews government has sold Parkville’s Evo apartment complex at last. The deal is with Lowy-family backed Assembly Funds Management

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Industrial News Office Victoria 

Toyota sells ex-research centre

August 29, 2022August 30, 2022 Marc Pallisco

Monash University is paying c$66 million for an underutilised commercial site opposite its Clayton campus. The 3.63 hectare Notting Hill

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News Retail Victoria 

Gurner shelves St Kilda hotel

June 27, 2022June 28, 2022 Marc Pallisco

Gurner is selling the St Kilda site purchased two years ago for its maiden Club Maison hotel. The ex-Cushion Lounge

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News Office Victoria 

SLB snaps up ex-Victoria University campus

June 7, 2022June 8, 2022 Marc Pallisco

SLB Developments has invested again in Melbourne, picking up Victoria University’s recently vacated City King campus – a 12 level

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Hotels News Victoria 

Amber snares Abbotsford, Geelong hotel sites

May 23, 2022May 23, 2022 Marc Pallisco

Amber Property Group, a hotel developer backed by former Holden dealer Geoff Brady, has snared two more Victorian sites for

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News Retail Victoria 

Row of Williamstown banks collects c$13m

May 20, 2022May 20, 2022 Marc Pallisco

A row of three Williamstown banks has sold for a speculated c$13 million, which would reflect a 3.5 per cent

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Hotels News Victoria 

Time & Place pockets Hotel Lindrum as development play

March 30, 2022December 3, 2022 Marc Pallisco

Time & Place has purchased the historic Hotel Lindrum as a development play. The high profile six storey building on

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News Office Victoria 

Central Dandenong office fetches $14m with leaseback

March 6, 2022March 6, 2022 Marc Pallisco

IBISWorld Australia chairman and chief executive officer, Justin Ruthven, is paying $14 million for a central Dandenong office with long-term

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News Residential Victoria 

Colin DeLutis lists parkside Brunswick East site

February 24, 2022February 24, 2022 Marc Pallisco

Colin DeLutis is selling a parkside Brunswick East development site acquired in 1977 as part of his Westco Jeans empire.

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News Residential Victoria 

Hines acquires another Melbourne BTR block

February 16, 2022October 23, 2022 Marc Pallisco

Hines has snapped up another Build to Rent site, this time in North Melbourne. The 3068 square metre holding, 36-58

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News Residential Victoria 

Burbank swoops on Camberwell’s Kaydon Court with townhouse plan

December 16, 2021December 17, 2021 Marc Pallisco

A block of older style Camberwell flats – which the local council unsuccessfully tried to have heritage protected earlier this

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News Office Victoria 

Barwon swoops on St Kilda Road tower

December 8, 2021December 9, 2021 Marc Pallisco

Barwon Investment Partners has snapped up 607 St Kilda Road for its Healthcare Property Fund (HPF). The price – c$75

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Hotels News Victoria 

Brady picks up apartment complex for hotel

October 27, 2021October 27, 2021 Marc Pallisco

Brady Group has swooped on a recently completed apartment complex with plans to convert it to a hotel. The deal

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Land News Victoria 

Hacer snares ex-Camberwell funeral home

October 10, 2021October 27, 2021 Marc Pallisco

The former Le Pine funeral home and an adjoining office, in Camberwell, have sold for about $25 million to Hacer’s

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News Office Victoria 

Two St Kilda Road offices for sale

October 10, 2021October 10, 2021 Marc Pallisco

Two St Kilda Road offices purchased by separate parties within months of each other in 2012 hit the market this

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News Office Victoria 

Powerbroker lists Laconia House

October 10, 2021October 11, 2021 Marc Pallisco

Helloworld Travel director, former Liberal government treasurer Andrew Burnes, is selling South Melbourne’s historic Laconia Woollen Mills, nowadays known as

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News Retail Victoria 

Journey Beyond sells Eureka Skydeck

July 6, 2021July 7, 2021 Marc Pallisco

RF Corval has purchased Melbourne’s Eureka Skydeck. The c$60 million deal includes the level 88 tourist attraction and the full

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News Office Victoria 

Spiritgrow lists Caulfield North office

July 3, 2021July 5, 2021 Marc Pallisco

Spiritgrow is selling a sizeable Caulfield North office it had intended to repurpose as a community hall, synagogue and headquarters.

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Land News Victoria 

Offshore developer snaps up Balaclava block

June 23, 2021June 25, 2021 Marc Pallisco

An Asia based developer is paying $5.35 million for neighbouring Balaclava warehouses with plans for a mixed-use project. The 1158

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News Office Victoria 

Australia Post sells Fitzroy Business Centre to Piccolo

June 16, 2021June 18, 2021 Marc Pallisco

Australia Post has sold its Fitzroy Business Centre to apartment developer Piccolo. The 1192 square metre site, 371-385 Gore Street,

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News Victoria 

Architect acquires riverside Abbotsford block

March 24, 2021March 26, 2021 Marc Pallisco

A partnership including architect David Carabott has purchased a riverside Abbotsford block permit-ready for a five level office. The 4047

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News Victoria 

Journey Beyond offers Eureka Skydeck

February 24, 2021February 24, 2021 Marc Pallisco

Journey Beyond has listed the 88th and 89th level of Southbank’s Eureka tower – including the Skydeck – with a

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News Victoria 

Church sells four building blocks

February 14, 2021February 15, 2021 Marc Pallisco

The Catholic Archdiocese of Melbourne has sold four metropolitan development sites. The portfolio – residential land in Croydon, Doreen and

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News Victoria 

Bionics Institute sells HQ to high-profile neighbour

January 29, 2021February 3, 2021 Marc Pallisco

The Bionics Institute of Australia has sold its East Melbourne headquarters after close to 30 years. The buyer, the Catholic

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News Victoria 

Sheng Le Group lists 1.5 acre permit-ready Southbank site

October 7, 2020October 8, 2020 Marc Pallisco

Sheng Le Group has listed a 1.5 acre Southbank site stretching about half the east side of Queens Bridge Street

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News Victoria 

Collective Capital spends $20m on Frankston office

May 20, 2020August 30, 2021 Marc Pallisco

Collective Capital has spent c$20 million on a low-rise office on a big block in central Frankston – a bayside

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News Victoria 

AVARI Capital Partners pays $38.5 million for West Melbourne’s Sands and McDougall building

April 29, 2020May 7, 2020 Marc Pallisco

One of three West Melbourne properties until recently earmarked to form part of a mixed-use office and hotel complex has

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News Victoria 

West Melbourne hotel off the cards as developers sell project for a fraction of expectation

April 24, 2020April 24, 2020 Marc Pallisco

A trio of Melbourne businessman have shelved plans to build a hotel at the Melbourne CBD’s north west tip following

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News Victoria 

CostaFox pays $28 million for Southbank’s historic Tea House

March 5, 2020March 7, 2020 Marc Pallisco

CostaFox is paying $28 million for one of Melbourne’s most distinctive commercial properties – The Tea House, at 28 Clarendon

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News Victoria 

Strata owners band, list Abbotsford office with rooftop Skipping Girl sign

February 13, 2020February 13, 2020 Marc Pallisco

The four storey strata titled Abbotsford office upon which the iconic Skipping Girl neon sign was built in 1970 is

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News Victoria 

Ocean Sky International buys Mount Waverley office for $21.83 million

January 9, 2020January 9, 2020 Marc Pallisco

Singapore’s listed Ocean Sky International is paying $21.83 million for a fully-let, four-storey office in Melbourne’s Mount Waverley. The deal

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News Victoria 

University of Melbourne pays Australian Red Cross c$46 million for Carlton offices

December 18, 2019December 18, 2019 Marc Pallisco

The University of Melbourne outbid 17 groups – a mix including private and institutional heavyweights – to acquire two neighbouring

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News Victoria 

Pace Development Group sells near-complete Collingwood office for $31.6 million

December 4, 2019December 5, 2019 Marc Pallisco

Pace Development Group is banking $31.6 million from the sale of a compact office investment it is completing the construction

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News Victoria 

Brendan Sullivan pays $17.8 million for mostly vacant inner south Melbourne office built by and for Lindsay Fox

November 6, 2019January 30, 2020 Marc Pallisco

Private investor Brendan Sullivan has purchased his second office in four months. At 1 Bowen Crescent in Melbourne, which is

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News Victoria 

Hengyi lists historic former CUB HQ in Abbotsford

November 1, 2019November 2, 2019 Marc Pallisco

EXCLUSIVE Chinese developer Hengyi is offering for sale the curved warehouse-converted-office in Abbotsford which was until recently the headquarters of

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News Victoria 

Roosters chairman Nick Politis buys Hawthorn East commercial building for $11.2 million

October 25, 2019October 26, 2019 Marc Pallisco

High profile car dealer Nick Politis, also the chairman of NRL team Sydney Roosters, acquired an eastern Melbourne commercial building

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News Victoria 

Australian Red Cross offers c$40 million former Carlton HQ

October 24, 2019October 24, 2019 Marc Pallisco

The Australian Red Cross (ARC) is following through on a national property divestment program – this time listing two adjoining

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News Victoria 

Naomi Milgrom spends $95m on office

October 24, 2019February 15, 2021 Marc Pallisco

Sussan Group chief executive officer Naomi Milgrom is paying a speculated $95 million for a Cremorne office next to another

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News Victoria 

Orion more than doubles outlay with $52 million Swann House deal

October 15, 2019October 15, 2019 Marc Pallisco

Orion International Group has sold the historic Swann House office in the Melbourne CBD for $52 million. The sale price

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News Victoria 

Zagame Corporation pays $55 million for Hawthorn office to create battle-axe shaped super-site

October 4, 2019October 10, 2019 Marc Pallisco

Robert and Victor Zagame Junior – who run the hospitality empire established in 1971 by their late father, Victor Zagame

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News Victoria 

Pace Development Group to sell new Collingwood office

September 30, 2019 Marc Pallisco

Pace Development Group is continuing to reweight its portfolio, this week listing for sale an office still under construction in

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News Victoria 

Lechte family’s former Francis Hotel – now Club Retro – back on the market

September 19, 2019September 20, 2019 Marc Pallisco

A historic Art Deco building owned for 63 years until 2011 by members of the wealthy Lechte family is for

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News Victoria 

Hong Kong family pays Salta Properties c$30 million for Dulux HQ in Clayton

September 4, 2019September 10, 2019 Marc Pallisco

A Hong Kong based family has made its first foray into the Australian commercial property market, paying Salta Properties about

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