Megan Gale and Shaun Hampson spend $805k on Daylesford weekender

Model and businesswoman Megan Gale with fiancé, ex-Carlton and Richmond footballer Shaun Hampson, has spent $805,000 for weekender Dollywood Daylesford, north west of Melbourne. The 1940s modernist weatherboard at 82 Central Springs Road purchased from former Geelong player Marcus Baldwin and his wife, Eloise Fox, will be both occupied and rented out, the incoming owners

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Abbotsford plot opposite brewery earns $8.3m from land banker

An Abbotsford industrial property with significant development upside opposite Carlton & United Breweries’ main plant traded for $8.3 million – 20 per cent over guide – at a socially-distanced on-site/online auction on Wednesday. On 2520 square metres, 53-59 Church Street and 4-6 Mayfield St were offered by the family of Australian chief science officer, Alan

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Primewest spends $17.5m on childcare centres for new income fund

EXCLUSIVE Primewest is acquiring three childcare centres for a new fund. In the priciest deal, it is paying $7.25 million for a 122-place complex in Gold Coast’s Robina. Developed in 2004 and recently refurbished, 60 Investigator Drive (pictured, top, unrenovated) is tenanted to Oxanda Education for 15 years; an agreement with three 10 year options.

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Sentinel proposes 24 level Build to Rent based complex at Scarborough

Sentinel Real Estate has snapped up a block 200 metres from Scarborough Beach for its third Australian Build to Rent complex. Covering 2999 square metres, 194 West Coast Highway and 7-17 Manning Street, Scarborough, were listed for public sale mid-last year. Yesterday, the local arm of the c$A9.6 billion New York based investment house confirmed

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Iris Capital pays AccorInvest c$180m for distressed iProsperity portfolio

Sydney publican Sam Arnaout is paying AccorInvest c$180 million for 17 Ibis hotels. Twelve are in the purchaser’s home state amongst them Ibis Sydney Airport (pictured, top), Ibis Budget Sydney Olympic Park and Ibis Newcastle. Three are in metropolitan Melbourne including a 230-room inn near Queen Victoria Market. There is one in each of Brisbane

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Elanor seeds fund with $80.2m Woolloongabba healthcare, office asset

Elanor Investors Group (ENN) will seed its third fund in three months with a Woolloongabba mixed-use commercial investment costing $80.2 million. Covering 1.54 hectares, it contains a four level, 5-star NABERS energy rated medical facility at 163 Ipswich Road built in 2006 for the state government’s Queensland Health which is on a lease expiring in

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Lendlease finance head Tarun Gupta to replace Mark Steinert as Stockland chief

The board of Australia’s largest listed developer, Stockland, has chosen Tarun Gupta to replace Mark Steinert as managing director and chief executive officer, effective next June. The appointee will move from Lendlease, where he started as a graduate 26 years ago and since 2016 held the group chief financial officer role. His chief executive officer

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Justin Hemmes pays Good Beer Co c$32m for Randwick’s Duke of Gloucester

The Good Beer Co has sold Randwick’s Duke of Gloucester Hotel to Justin Hemmes’ Merivale Group for about $32 million – the latest in a string of eight-figure hospitality sector deals. The purchaser owns the Royal Hotel Bondi, Coogee Pavilion and Woollahra’s Hotel Centennial – all also in Sydney’s east. JLL Hotels & Hospitality Group’s

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