Investa, Manulife spend c$800m on Sydney CBD office
Macquarie Group Limited has sold an undeveloped Sydney office to a 50:50 venture comprising Investa Commercial Property Fund and Manulife.
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Author: Marc Pallisco
Cube, MPG trade hinterland suburb investment
MPG Funds Management is paying $6 million for a Nambour retail investment passed by nearly 20,000 cars a day. One
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Dandenong South warehouses on 3.9ha collect $15.5m
An investment in Dandenong South – considered Melbourne’s most exclusive industrial region outside of the inner-city – has sold for
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Landream reweights Melbourne CBD portfolio
Landream has purchased a permit-ready development site near the Queen Victoria Market and top tip of Melbourne’s CBD. The deal
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W Property snaps up Old Fitzroy Hotel
The Pasfield family has sold Woolloomooloo’s Old Fitzroy Hotel after 20 years. The purchaser is W Property, directed by Michael
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Corrs Chambers Westgarth commits to Sydney CBD office
Corrs Chambers Westgarth has signed a 15 year rental agreement for nearly 10,000 square metres at Quay Quarter Tower, under
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The Agency ‘purported administration’ ended by federal court
A “purported administration” entered into by The Agency’s biggest shareholder yesterday will end on February 1 following federal court orders.
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Interstate investor acquires Tecoma childcare asset
A renovated childcare centre in Tecoma, on the foothills of Melbourne’s Dandenongs Ranges, has sold for $4.4 million to an
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Redcape buys Emu Plains hotel
ASX listed Redcape Hotel Group has purchased another western Sydney venue, this time at Emu Plains. The O’Donoghues Hotel at
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Quintessential sells Port Adelaide industrial investment
Quintessential Equity has sold a Port Adelaide industrial investment to Auckland syndicate Silverfin Capital. The $17.6 million deal reflects a
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Melbourne median house price approaches $1m
The median price for a Melbourne house reached a record high $941,000 last month – a surge of 9.5 per
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Hospitality stalwart sells Alexandria hotel
Adella Wright-Young has sold Alexandria’s Camelia Grove Hotel after 38 years. The three level venue was reported to have traded
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Former Bunnings Palmerston sold, set for retrofit
Another ex-Bunnings has sold to a developer intending to retrofit it as an industrial estate. Two Palmerston Circuit, Palmerston, 20
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Local family buys National Farmers Federation HQ
Canberra business owners and property investors the Cataldo family has paid $7.71 million for an office in the city’s parliamentary
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Big Mouth shuts after 27 years, building re-rents
Big Mouth has shut after 27 years and the Acland Street property it occupied has been re-rented. In a deal
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The Agency enters administration
Postscript: The federal court has reversed this decision. Read our story here. The Agency has been placed into voluntary administration
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Surry Hills blocks collect $33m from developer
Two neighbouring low-rise Surry Hills commercial buildings, leased to amongst others, a backpackers and takeaway restaurants, have sold to a
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Docklands’ Cow up a Tree site to be replaced
Development Victoria is calling on the private sector to help replace a key Docklands site opposite Marvel Stadium with a
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Suburban Melbourne office snapped up for wellness centre
Spiritgrow Josef Kryss Centre will build a mediation space and community hall on the site of a Caulfield North office
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Neighbouring Wetherill Park warehouses trade for $8.75m
An occupier is paying $8.75 million-ex GST for neighbouring Wetherill Park warehouses. Spreading over 8300 square metres, 4 and 5
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