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News Queensland Retail 

Pellicano banks $20m selling down bulky goods investment

June 4, 2023June 4, 2023 Marc Pallisco

Pellicano Group has sold the last of five subdivided assets created out of a Sunshine Coast bulky goods centre it

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News Queensland Residential 

Pellicano applies for $225m BTR project

May 25, 2023May 27, 2023 Marc Pallisco

Two major developers have applied to construct Queensland Build to Rent projects. In Robina, 10 kilometres south of Surfers Paradise,

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News Victoria 

Lightning Source pre-commits to Pellicano’s Innovation Park

June 16, 2020August 4, 2020 Marc Pallisco

Book printer Lightning Source has pre-committed to Pellicano’s Innovation Park, in Melbourne’s Dandenong South. The Ingram Content Group business will

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News Victoria 

Pellicano’s Surfnplay Aqua Park no longer a joint venture

June 8, 2020June 9, 2020 Marc Pallisco

Pellicano won’t seek to replace Zagame Corporation as joint venture partner to build what would be the largest indoor water

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News Victoria 

Pellicano sells Ravenhall industrial investment for $17 million

January 30, 2020January 30, 2020 Marc Pallisco

EXCLUSIVE The Pellicano family has sold a large, modern and fully leased Ravenhall factory, off-market, for $17 million. The deal

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News Victoria 

Pellicano pays c$11 million for high-profile Fitzroy office

April 9, 2019April 9, 2019 Marc Pallisco

Builder Pellicano is paying a speculated $11 million for a low-rise office and retail building with significant redevelopment potential on

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News Victoria 

Pellicano and Camlen Property Group sell unbuilt Ringwood office for $28.3 million

December 13, 2018 Marc Pallisco

Pellicano and Camlen Property Group have sold an office investment they are yet to build in Ringwood. A Macau-based private

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Victoria 

Pellicano Sells Notting Hill Office Warehouses

November 11, 2007 Marc Pallisco industrial, Pellicano Sells Notting Hill Office Warehouses, Real Estate News, victoria

Melbourne-based developer the Pellicano Group has made more than $8 million from the sale of 17 strata office suites, at a Notting Hill business park.

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Industrial News Victoria 

Amazon spends big for ex-Harness Racing Victoria site

February 8, 2024February 10, 2024 Marc Pallisco

EXCLUSIVE Amazon Corporate Services has paid $60.5 million – 150 per cent more than what the vendor paid two years

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Industrial News Victoria 

Party supplies giant rents ex-Woolworths distribution centre

January 28, 2024January 28, 2024 Marc Pallisco

London stock exchange listed IG Design Group, holding the local licence to sell, amongst other brands, Barbie, Disney, Marvel, Thomas

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Industrial News Victoria 

Cabrini arm consolidates Melbourne accommodation

November 28, 2023November 30, 2023 Marc Pallisco

EXCLUSIVE Cabrini Healthcare, which has a significant technology arm behind several brands, will consolidate its Assistive Living Technologies & Equipment

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Hotels News Queensland 

Invictus boosts Australian hotel portfolio

August 23, 2023August 24, 2023 Marc Pallisco

Nine months after entering the Australian market with plans to build a c$500 million hospitality portfolio, Singapore’s Invictus Developments, backed

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Industrial News Victoria 

KM creates first single asset trust with Melbourne warehouse

August 4, 2023August 5, 2023 Marc Pallisco

KordaMentha arm KM Property Funds will create its first single asset trust with a Dandenong South property purpose-built for the

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Essential services News Queensland Retail 

Asian investor snares inner city shops, day hospital

July 11, 2023July 12, 2023 Marc Pallisco

A two storey strata titled commercial space beneath the 10 level The Wellington Apartment Hotel, in East Brisbane, has sold

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Essential services News Queensland 

Aveo lists ex-Tanah Merah Village

June 27, 2023June 27, 2023 Marc Pallisco

Aveo Group, which was deregistered from the ASX in 2019 when it was bought for $1.3 billion by Brookfield Asset

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News Office Victoria 

Milwaukee leases ex-Toyota research centre

May 5, 2023May 6, 2023 Marc Pallisco

Milwaukee Tool – which turns 100 next year – has leased the former Toyota Technical Centre at Notting Hill. The

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Hotels News Queensland 

Sofitel Brisbane Central fetches $178m

March 23, 2023March 30, 2023 Marc Pallisco

Brookfield has sold Sofitel Brisbane Central on its second attempt. The 5-star hotel is trading to a 50:50 partnership comprising

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Hotels News Queensland 

Karim family snap up another east coast hotel

March 20, 2023March 20, 2023 Marc Pallisco

Indonesia’s Karim family is a step closer to achieving its goal to establish a half a billion dollar east coast

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Industrial News Victoria 

Iveco sells landmark Melbourne production plant

December 19, 2022December 22, 2022 Marc Pallisco

EXCLUSIVE A 12.21 hectare piece of the prominent ex-Iveco factory, at the south east corner of the Princes and South

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Industrial News Victoria 

Industrial developer secures Dandenong South drive-in

December 13, 2022December 15, 2022 Marc Pallisco

Local heavyweight Pellicano has swooped on a major south east Melbourne industrial development site, outlaying a speculated $40 million. The

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Industrial News Victoria 

Biggest of Australia’s 12 drive-ins for sale as development site

November 4, 2022December 15, 2022 Marc Pallisco

One of three Melbourne drive-in theatres, and 12 in Australia, is for sale as an industrial development site. The Lunar,

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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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Industrial News Queensland 

Trilogy lands Sunshine Coast investment

July 28, 2022July 28, 2022 Marc Pallisco

The biggest Sunshine Coast property sale this year – and the second worth over $20 million since 2021 – has

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Industrial News Queensland 

Frasers fills Berrinba estate

June 16, 2022June 16, 2022 Marc Pallisco

National Tyre & Wheel has signed a 10 year lease for a 21,017 square metres warehouse at the Berrinba Logistics

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Industrial News Victoria 

Nolan consolidates to Dandenong South HQ

May 9, 2022May 9, 2022 Marc Pallisco

Nolan Group will consolidate several south east locations, including its Dingley Village headquarters, to a Dandenong South office/warehouse (artist’s impression,

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News Office Victoria 

Underutilised city office trades on 1.6pc yield

April 26, 2022April 30, 2022 Marc Pallisco

A low-rise office with significant development upside near the State Library has sold for c$12.9 million. The deal for 152-156

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Industrial News Victoria 

Amazon chooses Melbourne for first Australian sort centre

March 18, 2022March 18, 2022 Marc Pallisco

Amazon will open its first Australian sort centre at Goodman Group’s Amaroo Business Park, in Craigieburn. The 15,600 square metre

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News Office Victoria 

Trilogy offloads Costa’s Ravenhall HQ

February 11, 2022February 11, 2022 Marc Pallisco

Trilogy Funds has sold a modern Ravenhall office held for eight years. The three storey building at 271-279 Robinsons Road,

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Industrial News Victoria 

Dandenong South warehouse sells for $20m

November 15, 2021November 15, 2021 Marc Pallisco

A land rich Dandenong South industrial investment has sold for c$20 million reflecting a 3.25 per cent yield. Despite its

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Industrial News Victoria 

Assembly enters Dandenong South industrial market

September 1, 2021April 4, 2022 Marc Pallisco

Assembly Funds Management has entered the Dandenong South industrial market, picking up two warehouses from private investor David Feldman. The

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News Residential Victoria 

Piccolo extends Fitzroy holding

August 13, 2021August 13, 2021 Marc Pallisco

Piccolo Developments has quietly snapped up two properties abutting a Fitzroy site it acquired from Australia Post last month. The

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News Victoria 

Centuria buys Dandenong South industrial park

April 30, 2021April 30, 2021 Marc Pallisco

Centuria Industrial REIT (CIP) has purchased a Dandenong South business park on a funds-through basis. The $88.8 million project (impression,

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News Victoria 

Baby Bunting rents ex-car dealership

March 31, 2021March 31, 2021 Marc Pallisco

Baby Bunting has rented the ex-Hawthorn BMW dealership. The 1332 square metre standalone building at 693-695 Burwood Road, Hawthorn East,

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News Victoria 

Dandenong South office/warehouse trades for $17.9m

March 24, 2021March 24, 2021 Marc Pallisco

A modern Dandenong South industrial investment is selling for $17.86 million to an as yet undisclosed institution. Th 2.62 hectare

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News Victoria 

Hardware group buys gateway Tullamore block

March 5, 2021March 11, 2021 Marc Pallisco

Pinnacle Hardware, which manufactures DIY and home storage products, has snapped up three sites abutting the northern entrance to ESR’s

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News Victoria 

Aesop’s outgoing Fitzroy HQ sells for c$7.9m

September 25, 2020September 25, 2020 Marc Pallisco

EXCLUSIVE The outgoing Fitzroy headquarters of luxury skincare brand Aesop has traded for a speculated $7.85 million – valuing the

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News Victoria 

Schwartz Media proposes eight floor HQ at Collingwood’s British Crown Hotel

September 25, 2020September 26, 2020 Marc Pallisco

EXCLUSIVE Morry Schwartz has paid $5.15 million ex-GST for Collingwood’s vacant British Crown Hotel with plans for a sustainable eight

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News Victoria 

V/Line leases another west Melbourne warehouse for depot

August 7, 2020August 11, 2020 Marc Pallisco

V/Line has signed another industrial lease deal in Melbourne’s west, this time in Ravenhall. The 2500 square metre facility with

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New South Wales News 

Amazon trebles Australian occupancy with robotic Kemps Creek warehouse

June 30, 2020July 1, 2020 Marc Pallisco

Amazon today trebled its Australian industrial occupancy, announcing the pre-commitment of an automated fulfilment centre in Sydney’s west. Amazon Robotics,

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News Queensland 

Amazon commits to Brisbane fulfilment centre

June 14, 2020June 14, 2020 Marc Pallisco

Amazon has committed to a fulfilment centre in Brisbane’s north east Lytton. Cryptically only described as being the size of

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News Victoria 

Amazon Flex to occupy Melbourne Airport Business Park

May 22, 2020May 23, 2020 Marc Pallisco

Amazon Australia has leased a 330 square metre warehouse at Melbourne Airport Business Park in Tullamarine. The space is for

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News Victoria 

Former Jooce nightclub for sale

March 13, 2020February 12, 2021 Marc Pallisco

Ringwood’s former Jooce nightclub is for sale. Now a prime development site in an activity centre – the local council

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News Victoria 

Chinese investment group spends $6.5 million in Moorabbin

January 9, 2020January 9, 2020 Marc Pallisco

A showroom warehouse in Moorabbin, in Melbourne’s south east, has sold to a Chinese investment group for $6.5 million. The

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News Victoria 

Martin Strode’s SMA Projects lists new Fitzroy supermarket built on the site of theatre The Star Lyric

November 15, 2019November 15, 2019 Marc Pallisco

Developer Martin Strode is selling the strata-titled supermarket on the ground floor of an apartment complex which has replaced 1910s

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New South Wales News 

Sydney’s Ralan Group collapses

August 5, 2019August 5, 2019 Marc Pallisco

Ralan Group is the latest Australian property developer to collapse. The Sydney-based apartment builder is reportedly $500 million in the

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News Queensland 

Hyatt returns to Queensland following Woolloongabba lease

May 2, 2019May 2, 2019 Marc Pallisco

Hotel giant Hyatt is returning to Queensland after seven years. The accommodation provider this week committed to part of the

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News Victoria 

Soon-to-be-vacated 7-Eleven HQ in Mount Waverley listed for sale

November 2, 2018July 9, 2019 Marc Pallisco

Four months after it was reported that convenience retailer 7-Eleven was relocating to Melbourne’s inner-city, its long-time suburban headquarters, in

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News Victoria 

Woolworths assigns lease of redundant Home Timber & Hardware distribution centre

September 4, 2018September 4, 2018 Marc Pallisco

Woolworths has assigned the lease of a modern logistics factory in Melbourne – no longer required since the 2016 sale

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News 

“This is just the start”. Amazon makes location of first Australian fulfilment centre official

August 3, 2017August 4, 2017 Marc Pallisco

Cloud computing and e-commerce giant Amazon made news of its first Australian fulfilment centre official this morning. As speculated, the group

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News Victoria 

Amazon chooses Dandenong South for first Australian fulfilment centre

July 21, 2017October 30, 2020 Marc Pallisco

Amazon appears to have chosen Melbourne’s Dandenong South as the location for its Australian fulfilment centre. The electronic commerce and

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Victoria 

Bosch to Move to New 14,000 Square Metre Dandenong Facility

September 14, 2009 Marc Pallisco dandenong, industrial tenant lease, pellicano

BOSCH has leased a 14,000 square metre industrial facility, in the outer south-eastern suburb of Dandenong South.

The technology company will pre-commit to a new office and warehouse building on the corner of Abbotts Road, and Taylors Road at the M2 Industry Park, being developed by Melbourne private development company Pellicano.

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Victoria 

Redevelopment of Kelly Brothers Market Garden Continues

December 10, 2008 Marc Pallisco Real Estate News, Redevelopment of Kelly Brothers Market Garden Continues, victoria

Redevelopment of the former Kelly Brothers market gardens in Dandenong South is continuing, with 10 hectares of newly rezoned industrial land about to be sold to make way for factories.

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Victoria 

Gersh to sell Pipeworks

March 27, 2008February 24, 2021 Marc Pallisco

Pipeworks Market – for years the only place in Victoria to bungy jump – is for sale. The 7.5 hectare

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Victoria 

Leighton Adds to Suburban Strata Office Boom

March 1, 2008 Marc Pallisco institution, Leighton Adds to Suburban Strata Office Boom, LPT, Real Estate News, suburban office, victoria

Melbourne’s strata office building boom looks like continuing into 2008, with heavyweight developer Leighton Properties confirming it will start construction of a 4000 square metre building in south-eastern suburb of Cheltenham.

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Victoria 

Land Values Boom Around Eastlink Freeway

June 30, 2007 Marc Pallisco commercial property, Land Values Boom Around Eastlink Freeway, Real Estate News, victoria

AVERAGE industrial land values in Melbourne’s eastern suburbs increased a staggering 41 per cent in the 2006-07 financial year in anticipation of the opening of the EastLink toll road next year. Industrial land values in the east now average $325 a square metre, up from $230 a square metre this time last year.

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