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Author: Marc Pallisco

News Office South Australia 

Arcana swoops on suburban Adelaide office

July 5, 2024July 13, 2024 Marc Pallisco

EXCLUSIVE Arcana Capital, led by ex-Queensland premier Campbell Newman, has swooped on a modern office built for the federal government

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Industrial News Victoria 

Fund manager boosts south east Melbourne industrial portfolio

July 5, 2024July 9, 2024 Marc Pallisco

EXCLUSIVE RF Corval has quietly purchased an industrial investment on over two acres in the middle ring Melbourne suburb of

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Industrial News Victoria 

Global self storage giant invests again in Australia

July 5, 2024July 9, 2024 Marc Pallisco

EXCLUSIVE Singapore-based Warburg Pincus-backed StorHub has added another Australian asset to its book, this time in Melbourne’s south east. The

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News Retail Victoria 

Hirsch family divest Ballarat supermarket

July 5, 2024July 5, 2024 Marc Pallisco

The Hirsch family has divested another regional asset, this time in Ballarat. The Woolworths at 1203-1205 Howitt Street, Wendouree, collected

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News Queensland Retail 

Woolworths sell near new Queensland mall

July 5, 2024July 6, 2024 Marc Pallisco

Woolworths’ development arm Fabcot has sold an 11 month old mall in the Caboolture West growth corridor, between Brisbane and

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Industrial News Victoria 

Tesla leases enormous site for “graveyard” of unsold cars

July 4, 2024July 4, 2024 Marc Pallisco

EXCLUSIVE A month after it was revealed a “graveyard” of unsold Teslas are sitting at Port Melbourne – the Elon

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Hotels News Victoria 

Julien Moussi to open third pub

July 4, 2024July 4, 2024 Marc Pallisco

Julien Moussi will reopen Hawthorn’s Beehive Hotel, 15 years after it closed as a pub. At 84 Barkers Road, on

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News Office Victoria 

Max Beck, Lindsay Fox lure airline giant to Melbourne

July 4, 2024July 5, 2024 Marc Pallisco

ILG Aviation Australasia, a subsidiary of Delhi based Group Concorde, has chosen a business park being established by billionaires Max

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News Retail Victoria 

Newmark sells out of South Yarra’s Jam Factory

July 3, 2024July 4, 2024 Marc Pallisco

Newmark Capital has quietly sold the balance of South Yarra’s Jam Factory to the co-owners, Qualitas and Gurner, which will

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Hotels New South Wales News 

Jim Knox turns impressive profit from pub sale

July 3, 2024July 4, 2024 Marc Pallisco

Jim Knox is banking an impressive capital gain flipping Griffith’s The Area Hotel after five years. Another publican, Trent Middleton,

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News Office South Australia 

Centuria quits Adelaide office

July 2, 2024July 2, 2024 Marc Pallisco

Centuria has sold another office, this time in Adelaide. The five level ex-ANR headquarters on 1.93 hectares at 1-25 Richmond

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New South Wales News Queensland Residential 

Northwest breaks even on aged care portfolio sale

July 1, 2024July 3, 2024 Marc Pallisco

EXCLUSIVE Northwest managed Vital Healthcare Property Trust has quietly sold three aged care investments bought in March, 2020, when the country

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News Retail Victoria 

Tenant snares Glen Eira shop from landlord

July 1, 2024July 1, 2024 Marc Pallisco

A tenant who three years ago leased one of the more central stores in the Koornang Road, Carnegie, retail strip,

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Industrial New South Wales News 

Fund managers trade $102m industrial estate

July 1, 2024July 1, 2024 Marc Pallisco

EXCLUSIVE ESR has sold a multi-building business park picked up with its takeover of Propertylink in late 2018. The 5.8

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News Office Queensland 

AU takes another hit with office sale

July 1, 2024July 2, 2024 Marc Pallisco

Australian Unity has sold a suburban Brisbane office for an 11.4 per cent loss on its 2021 outlay but it

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Industrial News Victoria 

Victorian Livestock Exchange accepts discount on Pakenham site

June 28, 2024June 28, 2024 Marc Pallisco

The Victorian Livestock Exchange is the latest group affected by fading fortunes in Melbourne’s commercial property market, selling a vacant

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News Office Victoria 

Google eying Docklands move

June 27, 2024June 28, 2024 Marc Pallisco

Google is the latest business considering moving its Melbourne CBD headquarters west, eying a $1.2 billion Docklands office nearing completion,

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News Office Victoria 

EY to shift Melbourne HQ

June 27, 2024June 28, 2024 Marc Pallisco

Professional services giant EY will quit the office it pre-committed to 20 years ago for another built during that construction

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News Office Victoria 

Barristers’ Chambers buy another office from landlord

June 26, 2024June 30, 2024 Marc Pallisco

EXCLUSIVE Charter Hall has sold an under-utilised Melbourne legal precinct office to Barristers’ Chambers Limited, the biggest occupier, prior to

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New South Wales News Office 

Cbus secures Sydney office in bittersweet deal

June 26, 2024June 27, 2024 Marc Pallisco

Cbus has secured the half stake it didn’t control of a prime Sydney office. In what could be considered a

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Industrial News Victoria 

Another shoemaker shifts HQ across town

June 26, 2024June 26, 2024 Marc Pallisco

Urban Shoemakers will shift its base to a piece of the ex-CMI Music and Audio headquarters, now a small business

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Industrial News Western Australia 

Fund managers trade Canning Vale warehouse

June 24, 2024June 24, 2024 Marc Pallisco

Harmony Property Investments has bought another Canning Vale asset. The 1.53 hectare holding with a 5642 square metre office/warehouse at

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New South Wales News Queensland Victoria 

HMC divests childcare centres

June 24, 2024June 24, 2024 Marc Pallisco

HMC Capital has sold two modern childcare centres held less than four years. In the biggest deal, the manager is

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News Retail Victoria 

New bank chooses Collins Street for flagship

June 24, 2024June 26, 2024 Marc Pallisco

A 15 month old member-owned bank has leased a prime store in Melbourne’s financial district for its flagship state branch.

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News Queensland Retail 

Region sells lemonade factory turned mall

June 24, 2024June 24, 2024 Marc Pallisco

Region Group has sold West End’s Soda Factory shopping centre after 10 years and a renovation. The 5253 square metre

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News Retail South Australia 

SCentre usurps IP Generation for Adelaide mall stake

June 24, 2024July 6, 2024 Marc Pallisco

SCentre has teamed with Barrenjoey Capital Partners for a half stake in Adelaide’s Tea Tree Plaza and adjoining Tea Tree

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News Queensland Residential 

Liven snares another LLC site

June 24, 2024June 24, 2024 Marc Pallisco

GreenFort Capital and Gaw Capital have secured a second site for their over-50s land lease business, Liven Communities. The amalgamation

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New South Wales News Office 

ASX commits to swank Martin Place HQ

June 20, 2024June 20, 2024 Marc Pallisco

The Australian Securities Exchange will move its headquarters to Investa and Manulife’s 39 Martin Place, due for completion next quarter

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Essential services News Victoria 

Aged care provider sells controversial medical centre

June 20, 2024June 20, 2024 Marc Pallisco

Lyndoch Living, which has just been bought by Respect Group, has sold a controversial three level healthcare centre it developed

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News Office Victoria 

Mirvac sheds two Melbourne offices

June 19, 2024June 24, 2024 Marc Pallisco

Mirvac has moved two Melbourne CBD offices – one for a major loss on the 2018 outlay. In the biggest

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New South Wales News Office 

Barings picks up North Sydney office

June 19, 2024June 20, 2024 Marc Pallisco

Barings has added another significant investment to its book, this time an A-grade North Sydney office. The US-based asset manager

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Industrial News Victoria 

Cadence exits another industrial site in the black

June 19, 2024July 4, 2024 Marc Pallisco

Cadence Property Group is celebrating another windfall selling a major Melbourne industrial development site shortly after settlement. The 4.4 hectare

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News Retail Victoria 

Hansen family list trophy Melbourne retail portfolio

June 19, 2024July 4, 2025 Marc Pallisco

The Hansen family is selling down the last pieces of a prominent building in Melbourne’s retail heart – ending a

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News Office Victoria 

Fund managers swap Melbourne office for dramatic discount

June 17, 2024June 19, 2024 Marc Pallisco

AFIAA has recorded a dramatic loss selling a major Melbourne CBD office it bought in August, 2017 – a property

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Industrial News Queensland 

RF Corval buys adjoining Brisbane warehouses

June 17, 2024June 17, 2024 Marc Pallisco

EXCLUSIVE RF Corval had bought adjoining Richlands warehouses leased to the one business, ASX listed DGL Group. The 1.05 hectare

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Industrial News Victoria 

Occupier swipes major industrial site from developer

June 17, 2024June 19, 2024 Marc Pallisco

An occupier has swooped on an irregular shaped Clayton South industrial asset four days ahead of the close of an

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News Residential Victoria 

PDG secures another inner-city site

June 15, 2024September 2, 2025 Marc Pallisco

PDG has bought a triple fronted high density residential development site on Melbourne’s inner north west fringe. The 1597 square

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New South Wales News Retail 

MPG doubles down in Dubbo

June 15, 2024June 15, 2024 Marc Pallisco

MPG Funds Management has snapped up another piece of the Dubbo Homemaker Centre. The 850 square metre showroom at 4

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News Residential Victoria 

Stephen, Jo Silvagni finally move Balwyn North home

June 15, 2024June 17, 2024 Marc Pallisco

EXCLUSIVE Former AFL player Stephen Silvagni and television personality, Jo Silvagni, have finally moved their Balwyn North family home. The

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Hotels News Queensland 

NSW publicans buy vacant Cairns hotel

June 15, 2024June 15, 2024 Marc Pallisco

A joint venture between brothers Bill and Mario Gravanis and Tamworth husband and wife, Craig Power and Tierzah Douglas, has

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News Retail Victoria 

Developer buying historic Melbourne boot factory

June 14, 2024June 17, 2024 Marc Pallisco

One of the most under-utilised and arguably highest character properties in what has become Collingwood’s commercial epicentre is selling to

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A.C.T. News Office Queensland 

Centuria takes hit on ACT, Queensland offices

June 14, 2024June 15, 2024 Marc Pallisco

Centuria has sold two A-grade offices – in Canberra and Maroochydore – for losses on 2019 and 2021 purchase prices.

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Essential services News Queensland 

Fund manager divests Logan childcare centre

June 14, 2024June 15, 2024 Marc Pallisco

Clarence Property has sold a childcare centre held three years. Leased to Harmony Early Learning, the outskirt south east Brisbane

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Essential services News Victoria 

Not for profit lists enormous inner city childcare centre for lease

June 14, 2024March 28, 2025 Marc Pallisco

Melbourne City Mission has listed the second of its two early learning centres for lease – part of a move

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Essential services News Queensland Residential 

Fund manager swoops on another SDA investment

June 13, 2024June 17, 2024 Marc Pallisco

Barwon Investment Partners has bought a new NDIS-approved Specialist Disability Accommodation investment for $3.75 million – a 9.1pc fully let

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News Retail Western Australia 

GIC offloads another shopping centre stake

June 13, 2024June 13, 2024 Marc Pallisco

Singapore sovereign wealth fund GIC is selling another half stake in an Australian shopping centre, this time in Perth. JY

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New South Wales News Retail 

Landmark Blacktown mall selling for $900m

June 13, 2024June 14, 2024 Marc Pallisco

Haben, founded in 2009 by father and son Harold and Ben Finger, is teaming with one of the world’s biggest

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Land New South Wales News 

Stockland sells conservation site

June 13, 2024June 13, 2024 Marc Pallisco

Stockland has sold a 63 hectare site adjacent to its Willowdale housing estate, at Denham Court, east of Leppington. At

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Essential services News Western Australia 

Centuria banks premium from WA medical centres

June 13, 2024June 13, 2024 Marc Pallisco

Centuria has sold two small Western Australian medical centres acquired three and a half years ago to seed the Healthcare

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Essential services News Queensland 

Another Victorian investor roams interstate for value

June 13, 2024June 14, 2024 Marc Pallisco

A Victorian has swooped on a new, double-backed essential services investment west of Brisbane for $15 million reflecting a 6.56

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News Retail Victoria 

High end restaurateur makes two more Melbourne property plays

June 12, 2024June 12, 2024 Marc Pallisco

Chris Lucas has made two more Melbourne CBD property plays. In the east end, the restaurateur is is paying about

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New South Wales News Office 

Dexus, RF Corval trade Newcastle offices

June 12, 2024June 12, 2024 Marc Pallisco

EXCLUSIVE Dexus has sold two A-grade Newcastle offices acquired following its 2021 takeover of APN. The deal for 26 and

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Industrial News Victoria 

Import spike drives another car storage lease deal

June 11, 2024June 11, 2024 Marc Pallisco

A car import spike at Port Melbourne has driven another major industrial lease deal. This time, inventory and distribution management

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Industrial News Retail Victoria 

Brunetti leases building for first “cake consulting boutique”

June 11, 2024June 13, 2024 Marc Pallisco

EXCLUSIVE Banco Group has secured one of Melbourne’s highest profile cake and desert makers to a near new food focused

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Industrial News Western Australia 

Government buys Australian Marine Complex lot

June 11, 2024June 11, 2024 Marc Pallisco

Engineering equipment and service provider AME has sold a major Australian Marine Complex lot to the state government’s DevelopmentWA. The

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Industrial News Retail Victoria 

Brunetti owner buys cafe, factory from landlord

June 11, 2024June 13, 2024 Marc Pallisco

EXCLUSIVE Brunetti Oro owner Yuri Angele has bought a sizeable inner north restaurant and commercial kitchen from his landlord of

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A.C.T. News Retail 

Region acquires maiden ACT mall

June 6, 2024June 6, 2024 Marc Pallisco

Region Group, formerly known as SCA Property Group, has quietly purchased its first Canberra shopping centre. The deal for Cooleman

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News Office Victoria 

Developer swoops on landmark Richmond block

June 6, 2024June 11, 2024 Marc Pallisco

Larry Kestelman has bought the prominent Venus Packaging factory in Richmond – just outside the Cremorne boundary – as an

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New South Wales News Retail 

Griffith Group exits Wollongong mall in the black

June 6, 2024August 9, 2024 Marc Pallisco

Griffith Group, which turns 10 this year, has sold Wollongong’s Bayview Centre after a three and a half year repositioning.

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News Retail South Australia 

HMC sells homemaker centre after four years

June 5, 2024June 6, 2024 Marc Pallisco

Accord Property, created nine years ago by developer and Harmony Group founder Joe Walker with valuer and ex-Aspen executive, Lachy

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Industrial New South Wales News 

Terry Agnew accepts discount on Byron Bay site

June 5, 2024June 5, 2024 Marc Pallisco

Terry Agnew has sold a major Byron Bay development site for some $20 million less than the price he put

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News Retail Victoria 

McDonald’s returns to old ground for biggest Melbourne store

June 5, 2024June 5, 2024 Marc Pallisco

EXCLUSIVE After in 2017 being displaced from its spectacularly located 9-11 Swanston Street store – compulsorily acquired to construct the

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Industrial New South Wales News 

Pittwater drops another $39m in Sydney

June 5, 2024June 5, 2024 Marc Pallisco

Pittwater Industrial, formed in 2021 by former Urbanest directors Ted Hawkins and Dave Munro, has bought another investment, this time

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Industrial News Victoria 

Repco parent fills new Melbourne industrial estate

June 5, 2024June 26, 2025 Marc Pallisco

Centennial has filled the first stage an industrial park completed last year in Melbourne’s inner west Tottenham. Repco parent GPC

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Industrial News Victoria 

JBS leases chunk of Brooklyn distribution centre

June 5, 2024June 5, 2024 Marc Pallisco

JBS Foods has committed to a chunk of Centennial’s Brooklyn Distribution Park, west of Melbourne. The initial lease term for

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News Retail Western Australia 

Elanor, Vicinity divest Pilbara mall

June 4, 2024June 5, 2024 Marc Pallisco

A triple anchored shopping centre in Western Australia’s Pilbara has sold to Melbourne fund manager Fawkner Property for a touch

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Essential services News Office Victoria 

University signs major post-pandemic office lease deal

June 4, 2024June 5, 2024 Marc Pallisco

Scape has secured a tenant for an office beside its 48 storey Scape Franklin student accommodation tower – both completed

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Industrial News Victoria 

Wallenius Wilhelmsen sells major Australian port

June 4, 2024June 4, 2024 Marc Pallisco

Australia’s largest logistics provider, Qube Holdings, has bought the landmark Melbourne International RoRo & Auto Terminal at Webb Dock, Port

Read more
New South Wales News Residential 

Investors dig deep for older style apartment complexes

June 3, 2024June 3, 2024 Marc Pallisco

Buoyed by a rental shortage and rising replacement costs caused by, amongst other things, inflation and a tradie shortage, investors

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News Retail Victoria 

Publican swoops on ex-train station first class lounge

June 3, 2024June 7, 2024 Marc Pallisco

EXCLUSIVE Publican and coffee house owner Julien Moussi has snapped up what could be his highest profile property – a

Read more
New South Wales News Office 

Toshiba to relocate Australian HQ

June 3, 2024June 4, 2024 Marc Pallisco

Toshiba will relocate its Australian headquarters to a recently completed office in Sydney’s north west. The technology giant won’t move

Read more
New South Wales News Office 

Hyundai department upgrades to green office

June 3, 2024June 4, 2024 Marc Pallisco

Melbourne investment house and developer, Kador Group, has secured Hyundai Capital to a near-new uber green office. The financial services

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Hotels News Western Australia 

Christie family divests $57m motel portfolio

May 31, 2024May 31, 2024 Marc Pallisco

John Christie has sold two motels held over 30 years in Perth’s inner east Riverdale. In the biggest deal, Singapore

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News Retail Victoria 

Shop on Melbourne’s oldest roundabout sells

May 31, 2024June 3, 2024 Marc Pallisco

An entry level retail investment built on a prominent piece of Melbourne’s first traffic roundabout has traded for $561,000 reflecting

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News Retail Victoria 

Pitard sells new Melbourne gym

May 31, 2024May 31, 2024 Marc Pallisco

A strata titled gym – a 1148 square metre piece of Pitard Group’s recently completed Elsternwick Village Apartments building, in Melbourne’s

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Industrial News Victoria 

Melbourne tip set for $200m business park

May 29, 2024May 29, 2024 Marc Pallisco

Troon Group and MaxCap Group have been given the green light to replace a 10.5 hectare ex-tip over three streets

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Industrial News Victoria 

Barings sells bulk of Cheltenham industrial portfolio

May 29, 2024May 29, 2024 Marc Pallisco

Barings has sold the bulk of a prominent Cheltenham industrial portfolio acquired with its 2022 takeover of Altis Property Partners.

Read more
News Retail Western Australia 

Woolworths secures growth corridor site

May 29, 2024May 30, 2024 Marc Pallisco

Cedar Woods is celebrating a “significant” value uplift selling a shopping centre development site at its best performing housing estate

Read more
New South Wales News Retail Victoria 

Rodd & Gunn expands in Sydney, Melbourne

May 28, 2024June 3, 2024 Marc Pallisco

Rodd & Gunn has opened a Sydney flagship at the sandstone 14 Martin Place, originally known as the Colonial Life

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News Office Queensland 

Church, ex-real estate analyst trade Brisbane office

May 28, 2024May 29, 2024 Marc Pallisco

Samford Commercial Investments, led by former CBRE analyst Jacob Fong, has bought a part-vacant CBD office from the Uniting Church.

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