Pellicano banks $20m selling down bulky goods investment
Pellicano Group has sold the last of five subdivided assets created out of a Sunshine Coast bulky goods centre it
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Pellicano applies for $225m BTR project
Two major developers have applied to construct Queensland Build to Rent projects. In Robina, 10 kilometres south of Surfers Paradise,
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Lightning Source pre-commits to Pellicano’s Innovation Park
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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Pellicano’s Surfnplay Aqua Park no longer a joint venture
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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Pellicano sells Ravenhall industrial investment for $17 million
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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Pellicano pays c$11 million for high-profile Fitzroy office
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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Pellicano and Camlen Property Group sell unbuilt Ringwood office for $28.3 million
Pellicano and Camlen Property Group have sold an office investment they are yet to build in Ringwood. A Macau-based private
Read morePellicano Sells Notting Hill Office Warehouses
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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Amazon spends big for ex-Harness Racing Victoria site
EXCLUSIVE Amazon Corporate Services has paid $60.5 million – 150 per cent more than what the vendor paid two years
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Party supplies giant rents ex-Woolworths distribution centre
London stock exchange listed IG Design Group, holding the local licence to sell, amongst other brands, Barbie, Disney, Marvel, Thomas
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Cabrini arm consolidates Melbourne accommodation
EXCLUSIVE Cabrini Healthcare, which has a significant technology arm behind several brands, will consolidate its Assistive Living Technologies & Equipment
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Invictus boosts Australian hotel portfolio
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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KM creates first single asset trust with Melbourne warehouse
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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Asian investor snares inner city shops, day hospital
A two storey strata titled commercial space beneath the 10 level The Wellington Apartment Hotel, in East Brisbane, has sold
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Aveo lists ex-Tanah Merah Village
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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Milwaukee leases ex-Toyota research centre
Milwaukee Tool – which turns 100 next year – has leased the former Toyota Technical Centre at Notting Hill. The
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Sofitel Brisbane Central fetches $178m
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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Karim family snap up another east coast hotel
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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Iveco sells landmark Melbourne production plant
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 developer secures Dandenong South drive-in
Local heavyweight Pellicano has swooped on a major south east Melbourne industrial development site, outlaying a speculated $40 million. The
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Biggest of Australia’s 12 drive-ins for sale as development site
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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Toyota sells ex-research centre
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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Trilogy lands Sunshine Coast investment
The biggest Sunshine Coast property sale this year – and the second worth over $20 million since 2021 – has
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Frasers fills Berrinba estate
National Tyre & Wheel has signed a 10 year lease for a 21,017 square metres warehouse at the Berrinba Logistics
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Nolan consolidates to Dandenong South HQ
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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Underutilised city office trades on 1.6pc yield
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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Amazon chooses Melbourne for first Australian sort centre
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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Trilogy offloads Costa’s Ravenhall HQ
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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Dandenong South warehouse sells for $20m
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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Assembly enters Dandenong South industrial market
Assembly Funds Management has entered the Dandenong South industrial market, picking up two warehouses from private investor David Feldman. The
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