HMC sheds growth corridor retail investment
HMC Capital, on behalf of the HomeCo Daily Needs REIT, has sold a large format retail investment at Vineyard –
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Author: Marc Pallisco
Charter Hall accepts discount for Canberra office
Charter Hall has sold a Canberra office acquired after the national lockdown. The federal government backed Doris Blackburn Building at
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Singapore fund divests Wollongong mall
Singapore listed Paragon REIT and MA Financial have divested a regional shopping centre for a touch over book value but
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Brutal blow for AU with Melbourne office sale
Australian Unity has sold the final asset from the Office Fund (AOF). The manager is taking a major hit –
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Charter Hall flips childcare centre on sub 5pc yield
Charter Hall is banking a higher than expected price for a suburban Melbourne childcare centre. Licensed for 140, a local
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French government leases swank Melbourne office
The French government has leased an inner-city office for its Consulate General of France in Melbourne. The ninth floor space
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Goodman, Hale trade Brisbane business park
EXCLUSIVE Goodman Group has sold one of its higher profile Brisbane investments off-market. The Banyo South Industrial Estate at 50
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Winx breeder doubles down on Surfers Paradise waterfront
Winx breeder John Camilleri has quietly bought another Surfers Paradise apartment development site. The 1499 square metre waterfront amalgamation –
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State government, bank sign Essendon Fields leases
Two more high profile tenants have leased Essendon Fields offices. In the biggest deal, Ambulance Victoria has committed to 1007
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BBC Studios ANZ to shift HQ
The Australian and New Zealand arm of the British Broadcasting Corporation will switch headquarters within Sydney’s north. BBC Studios has
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Developer accepts major discount for riverside apartment site
R&F Property Australia has sold a riverside West End high density residential site for a major discount on its outlay
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Ex-nightclub trades between developers for a premium
Asia based developers have traded Ringwood’s former Jooce nightclub – nowadays a Genesis gym and Rivers outlet. The 7015 square
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Max Beck, Lindsay Fox commit luxury car dealer to another project
Dutton Wholesale, a division of Dutton Automotive, has struck another major lease deal with billionaire Lindsay Fox and Max Beck
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Occupier buys site after warehouse pre-lease campaign
A major TradeCoast hardstand site once owned by developer and investor Gib Group then fund manager, Fife Capital, has sold
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Melbourne fund manager buys another Sydney office
Forza Capital has bought another office for a single-asset fund. Following an off-market deal, the group is paying $64.5 million for
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StorHub swoops on another Melbourne site
Singapore based StorHub has quietly added another inner city Melbourne site to its portfolio. The fast growing self storage giant
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SsangYong consolidates at Mulgrave
KGM (SsangYong) Australia has consolidated offices and a training facility for the first time in Melbourne – at Mulgrave. The
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Telstra lists another blue-ribbon development site
Telstra has listed for sale an outgoing exchange in bayside Beaumaris. The 1545 square metre near rectangle shaped holding, 126-128
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Fund manager extends Fishermans Bend footprint
An ASX-listed industrial fund has quietly expanded its footprint along a prime stretch of Fishermans Bend – at 480 hectares,
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Melbourne yoghurt factory collects $17.5m
EXCLUSIVE A sophisticated Melbourne manufacturing plant leased to yoghurt maker Chobani has traded for $17.5 million. The result for 453-455
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Marrickville warehouses fetch $24m
Rygrow Properties is selling an industrial investment with alternative use development upside in Sydney’s inner south west Marrickville. Covering 6-10
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Cbus sells strata-titled shopping centre
Cbus Property has sold the two year old strata titled Langston Village, at Epping, in Sydney’s north west. The Melbourne-based
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Exceed buys CBD office to renovate
Exceed Capital has picked up a B-grade Adelaide CBD office to refurbish. For a fund now seeking investors, the group
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Dexus sheds seven servos
Dexus will bank $32.8 million selling seven Queensland service station from the Convenience Retail REIT (DXC), control of which it
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Not for profit divests another Geelong property
A private investor has swooped on a Geelong site prior to the launch of an expressions of interest campaign –
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Vicinity, Nick Andrianakos trade another mall stake
Vicinity Centres has quietly divested another retail asset – this time in Adelaide’s north. The half stake of Elizabeth City
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Salta secures Nando’s to HQ, restaurant
Nando’s has relocated its headquarters within Melbourne’s inner east after striking a 10 year deal with Salta. The South African
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Thai developer strikes major housing estate portfolio deal
The country’s home building landscape is set for another major change with Bangkok-controlled Supalai Australia Holdings, in partnership with Stockland,
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MyDeal founder doubles down on Brighton waterfront
MyDeal founder and chief executive officer, Sean Senvirtne, is believed to have snapped up another waterfront Brighton property. The penthouse
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Amart founder picks up Ipswich mall, dwellings
Amart founder, billionaire, John Van Lieshout, has acquired an Ipswich shopping centre and three adjoining residential properties from the family
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Whitmore seeds LFR fund with Adelaide asset
EXCLUSIVE Whitmore Property, for a fund now calling on investors, has picked up a new large format retail asset at
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Developers snap up historic Putney site
The historic Halvorsen Boat Yard, on 1.58 hectares on the banks of the Parramatta River at Putney, has sold two
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Owner of VRC Oaks winner buys Melbourne development site
Yueshang Zhang, the owner of yesterday’s VRC Oaks winner, is quietly buying a Melbourne CBD site until recently the subject
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Lendlease quietly sells Melbourne business park
Lendlease has quietly sold a south east Melbourne business park to agent-turned-investor and developer, Anthony Wilson, who has already started
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Signage group sells Brisbane base with a leaseback
Centennial has made another Brisbane industrial play – this time a purchase. The Sydney based investment manager is paying $13.1
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Brix flicks industrial investment for a premium
Brix Property Group and Costa Asset Management have sold an east Melbourne industrial investment after three years. In a deal
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Developer snares major site near Queen Vic Market
Singapore’s Lim family has sold a six level car park investment near Queen Victoria Market – the city’s priciest development
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Hotel association expands presence in CBD office
The Australian Hotels Association’s New South Wales branch has bought another level of Sydney’s Hudson House. The fourth floor of
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Operator swoops on Selina backpacker portfolio
Fast growing backpacker accommodation provider Bounce is acquiring the local portfolio of Selina Australia, control of which was taken over
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Dexus, CPPIB divest office
Dexus and the Canada Pension Plan Investment Board are selling a Brisbane office acquired in equal share following the 2014
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Building boss sells Brisbane home for record price
BWC Group founder and managing director Brett Walker has quietly sold his family home after three years and a major
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Centuria shelves industrial estate plan, sells site
Centuria has cashed out on a south west Brisbane industrial investment – a year after announcing plans to replace it
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Trilogy fund quits only Adelaide asset
Trilogy has sold a north Adelaide industrial investment after six years. The fund manager finished in the black following the
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Ex-PwC CEO lists historic Melbourne mansion
Former PwC chief executive officer turned Carlton Football Club president Luke Sayers, and his wife, Cate, have listed their family
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Ex-government planning boss spends $200m on Melbourne sites
Ex-VicUrban development director Mike King, via the 888 Property Group company he created in 2011, has bought two major west
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Kogan founder invests again in Toorak
Kogan founder Ruslan Kogan is understood to be buying another Toorak property. The side by side homes on one title
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Planning minister signs off on six building Docklands project
Planning minister Sonya Kilkenny has given Lendlease the green light to develop the last three buildings at its prominent Collins
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Woolworths given green light for $150m mixed-use project
Woolworths has won permission to replace a prominent south east Melbourne office with a supermarket and five storeys of apartments
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Major Melbourne developers buy Perth site for maiden project
EXCLUSIVE Prominent private Melbourne developers Oreana Group and Wolfdene have scooped up a major north east Perth site for a
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Developer doubles down in Wyndham Vale
Oreana Group has quietly acquired another major Wyndham Vale housing estate site. The 29.6 hectare parcel, 160 Hobbs Road (shaded,
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Sass brothers drop $61m for Mornington Peninsula compound
Following three deals in 20 months – the first, off-market – Oreana Property Group founders, Tony and Steven Sass, have
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Quanta bags another Mackay investment
Quanta Investment Funds has snapped up its second Mackay investment this financial year. The two storey office, Tennyson House, at
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PCA replaces president
Charter Hall Office chief executive officer, Carmel Hourigan, was last week appointed the Property Council of Australia’s national president. The
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Townhouse, childcare centre site fetches $13.5m
A major south Melbourne site permit ready for 59 townhouses and a childcare centre sold on its second attempt. The
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Flight Centre founder quietly sells Melbourne office
Flight Centre founder Geoff Harris has quietly sold an inner city Melbourne investment. The two storey warehouse converted office at
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Popular public school leases city office for campus
EXCLUSIVE University High School will develop a city campus to complement its Parkville college. In a significant deal for landlord,
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Acquisitive fund manager buys ex-Salvation Army HQ
EXCLUSIVE The family of late businessman, Skilled Engineering founder, Frank Hargrave, has sold the biggest commercial building in Melbourne’s leafy
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Forgettable deal for Virtical as Adelphi sells for a loss
Seventeen months after agreeing to buy Flinders Lane’s Adelphi Hotel for c$25 million ex-GST, receivers for Sydney based Virtical have
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Supercheap Auto sells for premium on second attempt
A prominent northern suburb showroom leased to Supercheap Auto has sold to a Sydney investor for $5.45 million. The off-market
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Gibb Group, Fife snare Sydney industrial investments
Two major industrial deals have been sealed in Sydney. In the biggest, billionaire Bob Ell, via the Leda Holdings he
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ISPT sheds another mall stake
ISPT is selling a half stake interest in another shopping centre – this time in a Melbourne growth corridor. The
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Garda quietly sells significant industrial asset
Garda Property Group has sold an industrial investment worth 22 per cent of its local portfolio. The funds through deal
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Adelaide billionaire buys another mall
Nick DiMauro has bought another major shopping centre, this time in his home town of Adelaide. Arndale Shopping Centre is
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T2 founder sets record with home sale
T2 co-founder Maryanne Shearer is selling a renovated and extended Arts & Crafts style family home opposite Cummings Reserve and
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Ex-Spotless chief lists landmark horse training facility
Former Healthscope and Spotless Group boss, property investor, Bruce Dixon, is selling Macedon Lodge after two years. The executive can expect
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Jane Turner relists historic Melbourne home
Postscript: this home sold for just over $7.5 million. Entertainer Jane Turner and her husband, former Corrs Chambers Westgarth director
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Westbridge buys, sells industrial assets
Perth based Westbridge Funds Management has quietly traded in two industrial deals. In the priciest, the group, on behalf of
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Office with penthouse apartment fetches $8m
An interstate investor has swooped on a contemporary office with a penthouse caretaker’s residence, in Melbourne. The vacant four storey
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Hardware boss reoffers dramatic riverside Melbourne mansion
Sarah Laidlaw, the wife of ex-Mitre 10 chief executive officer, Mark, has listed a dramatic multi-level mansion abutting the Yarra
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Government buys motel for emergency accommodation
The Department of Housing has quietly snapped up an inner-city resort motel investment. The PA Apartments complex at 40 Wolseley
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Fund manager sells government-backed asset
EXCLUSIVE Dexus has broken even on the sale of a major north Adelaide healthcare investment held eight years. The GP
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Healthcare executive sells government archives office
Regis Healthcare founder Bryan Dorman has sold a sprawling office at the Tally Ho business park, in Melbourne’s east. Leased
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Banjo Bond, HMC trade another asset
Cosgrove Group has secured another large format retail investment – this time near Newcastle. HomeCo Warners Bay (pictured, top) is
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Charles Mellick nabs office from receiver
Fortis director and investor Charles Mellick has bought a prominent five level Double Bay office from receivers. The auction result
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Operator rescues popular Irish pub from developers
The on-again-off-again proposal to replace a popular Melbourne Irish pub with an apartment complex is off again. Following a sales
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Developer lists gateway site with fresh ministerial permit
Four months after receiving ministerial approval to replace a gateway Melbourne site with three apartment buildings flanking a supermarket, the
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HIA buys a HQ
The Housing Industry Association has picked up a five year old inner-city office to occupy. The $11.5 million deal for
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Acquisitive fund manager drops $32m in Queensland
EXCLUSIVE Acure Asset Management is quietly buying the biggest building at Varsity Lakes’ Bermuda Point development. For a single asset
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Charter Hall lists Melbourne childcare centre with development upside
Charter Hall is selling a childcare centre developed on a prime piece of a 7500 square metre amalgamation earmarked 13
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Elanor takes major hit on mall sale
Elanor Investors Group has taken a major hit selling a regional New South Wales mall – a seed asset eight
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