Dexus makes $320m APN bid
Dexus is seeking to acquire APN Property Group for c$320 million. The pair entered a scheme implementation deed yesterday. Shareholders
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Author: Marc Pallisco
Fridcorp, Piety pick up Double Bay’s ex-Ritz-Carlton
Fridcorp and Piety Group have quietly acquired one of Australia’s highest profile hotels – on 3670 square metres in one
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Centuria extends Woolworths’ lease at landmark distribution centre
Centuria Industrial REIT (CIP) has secured Woolworths to a Central Coast logistics centre for five more years. The occupier’s lease
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Colonial offloads Newtown Hotel
Colonial Leisure Group has sold the Newtown Hotel leasehold – marking its exit from the New South Wales pub market.
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Scanlon family sell Sunshine Coast hotel for c$20m
Hotel Property Investments is paying the Scanlon family a speculated $20 million for the Surfair Beach Hotel near Maroochydore. The
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Fortius buys Brisbane office
LaSalle Investment Management is selling a Brisbane CBD office for $210 million. The Chicago group spent $142.15m on 307 Queen
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Flinders Ln home of Kisumè for sale
Businesswoman and philanthropist Helen Sykes is selling a trophy Eastern Core commercial investment after six years and a $5 million
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Alma Doepel barge earmarked for floating hospitality venue ATET
A “floating, open-air oasis” is coming to Docklands. The Alma Doepel barge, at Shed 2, North Wharf Road, has sold
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Bentleigh East bowls club for sale
South Oakleigh Bowls Club is selling its prime Bentleigh East site after winding up. The 5145 square metre parcel at
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EG snaps up riverside Abbotsford office
EG has outlaid $27.3 million for a B-grade office on the banks of the Yarra River, in Abbotsford. The three
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Van Lieshout expands Macgregor holding with $17.5m outlay
Amart Furniture founder John Van Lieshout has spent $17.5 million on a Macgregor large format retail complex. The 1.11 hectare
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Jon Adgemis spends c$17m on Darlinghurst pub
Jon Adgemis’ JAGA Group is paying Oscars Hotels, led by brothers Bill and Mario Gravanis, a speculated $17 million for
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Malatesta, Duncan acquire South Melbourne warehouse
St Ali Coffee owner Salvatore Malatesta (pictured, top), with HydroChem director Nick Duncan, have purchased a small South Melbourne warehouse
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Oreana buys South Yarra Square from 11 parties
Oreana Property Group is paying c$35 million for a South Yarra retail and office complex with plans for a luxury
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Permit ready Tarneit housing block earns $4.5m
A small low-density housing site wedged between larger estates controlled by Dahua and LLT Developments has sold for $4.5 million.
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888 Property divests west Melbourne industrial site
Former VicUrban development director, Michael King and Joe Cairns, via their 888 Property Group, have sold a 15.92 hectare Truganina
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KM purchases Greenway essential services investment
KM Property Funds has paid $9.75 million for an essential services backed investment in Canberra’s south west Greenway. The price
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The Ponds housing site collects $26m
A 2.5 hectare low density housing site in Sydney’s west has sold for $26.035m. The irregular shaped parcel at 54
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Axis sells Brisbane’s ex-Flight Centre HQ
Axis Capital has sold a Brisbane CBD office to a Cromwell fund for $117.5 million – a price which reflects
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ABC lists vacant Elsternwick studio
The Australian Broadcasting Corporation has listed its Elsternwick studio with vacant possession. The 1.17 hectare plot at 8 Gordon Street
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