Winning Group has expanded in Adelaide, taking space within ISPT’s Charles Sturt Industrial Estate in Woodville. The online appliance retailerRead more
ISPT has sold a neighbourhood retail investment in Sydney’s south west for $26.5 million. The Greenacre Shopping Centre, which theRead more
Industry Superannuation Property Trust has pre-committed Sydney-based retailer Winning Group – which owns popular website appliancesonline.com.au – to what willRead more
Australian Unity’s Retail Property Fund has sold its half-share in the Waurn Ponds Shopping Centre, seven kilometres south west ofRead more
Industry Superannuation Property Trust has completed construction of a major office at a historic Melbourne CBD corner. The 16-storey tower,Read more
Charter Hall Retail REIT is paying $74 million for the Campbellfield Plaza shopping centre in Melbourne’s north. The 17,900 squareRead more
Industry Superannuation Property Trust will acquire three Melbourne CBD sites from Victoria University and build a 32-level vertical campus whichRead more
Industry Superannuation Property Trust can expect to bank more than $80 million from the sale of a major shopping centreRead more
Industry Superannuation Property Trust can expect to make between $30 million and $35 million from what might be the most under-utilised property in St Kilda Road.
The Clemenger House office building, at # 474, is spread over two blocks and three streets.
Given the shifting attitude in recent years to convert St Kilda Road offices into high rise apartment skyscrapers, 474 St Kilda Road is expected to arouse interest from residential developers.Read more
INDUSTRY Superannuation Property Trust has sold a Sydney CBD office building to private group, City Freeholds, for $106.1 million.
The 55 Hunter Street building sold on a yield of about 7.5 per cent.
The sale is the latest healthy office transaction in the Sydney CBD. Last month Investa Property Group paid more than $95 million for a half share in 60 Martin Place, while overseas investors are paying $685 million for the luxury Aurora Place.Read more
THE development consortium which bought three low-rise offices on the banks of the Yarra River, is forging ahead with plans to demolish two of the buildings, and replace the space with a $200 million residential village.
Developers Hamton and Industry Superannuation Property Trust have started marketing apartments at 677 – 679 Victoria Street, opposite the Victoria Gardens shopping centre in Abbotsford, at the suburb border of Kew and Hawthorn.
The developers are reported to have paid Becton about $30 million for the office complex late last year, outmuscling traditional property investors sniffing the market out at the time for good bargains.Read more
INDUSTRY Superannuation Property Trust has made $16.75 million from the sale of a prominent office building in Melbourne’s inner easternRead more
INDUSTRY Superannuation Property Trust has sold a freestanding 10-level Melbourne CBD car park for $38 million.
The 522 Flinders Lane property abuts the massive, but vacant 567 Collins Street site, earmarked to become a major office building as soon as owners APN and Leighton can find tenants.
The Flinders Street car park sold on a yield of 7.96 per cent to a private investor who owns another car park, in a Knight Frank led campaign.Read more
A prominent inner-city office business park, put to the market by beleaguered fund manager Becton late last year, has been snapped up by Melbourne-based developers and will make way for apartments.Read more
Industry Superannuation Property Trust is believed to be close to selling its St Helena Marketplace in Melbourne’s north-east, for about $27 million.Read more
Industry Superannuation Property Trust (ISPT), Cbus Property and EPC Partners today announced their joint venture to develop the new $700 million South East Stadium Precinct (SESP) at Docklands in Melbourne.Read more
The Industry Superannuation Property Trust Opportunity Fund has pulled the plug on the redevelopment of the former Deakin University campus in Malvern, and now wants to sell the site for more than $50 million.Read more
ISPT has acquired the 40,429 square metre tower located at 345 Queen Street for a purchase price of $385 million (excluding acquisition costs). The property has 34 upper levels and a 5 level annex building with separate entrance to Queen Street. Parking for 270 cars is provided over 4 basement levels.Read more
Yet another large chunk of office space is about to become available in central Collins Street, with Industry Superannuation Property Trust confirming it will market almost 31,000 square metres of office space at 447 Collins Street, soon to be vacated by financial services giant AXA.Read more
Macquarie Group Limited has sold an undeveloped Sydney office to a 50:50 venture comprising Investa Commercial Property Fund and Manulife.Read more