Charter Hall secures QLS to west Sydney industrial park
QLS Logistics has signed a 10 year lease for an industrial facility Charter Hall is constructing in Sydney’s west. The
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Author: Marc Pallisco
Coles, Primewest trade Byford property again
Coles Group has sold a four year old shopping centre to Primewest – the group it bought the land to
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Dexus acquires Northern Beaches hospital
Breckenridge Funds Management has sold a Warriewood sub-acute rehabilitation clinic to Dexus, which will hold it in the Healthcare Property
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Revelop picks up Latrobe Valley shopping centre
Revelop has snapped up a small shopping centre in Victoria’s Latrobe Valley. West Place, in Churchill, contains 4703 square metres
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St Leonards office stake switches between Centuria funds
Centuria, on behalf of its Office REIT (COF), is paying $68 million for the half-share of a St Leonards office
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HealthCo REIT soars on debut
Home Consortium’s HealthCo Healthcare & Wellness REIT (HCW) listed today. Units in the fund closed at $2.32 – or 16
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Charter Hall finds partner for Australia Post HQ
Charter Hall has found an investment partner – Victorian Funds Management Corporation – to hold a Richmond office pre-committed to
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State government buys $60.5m site for freeway
The Palaszczuk government is paying $60.5 million for a high-density apartment site it intends to use for an infrastructure project.
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Isaac swoops on Cranebrook block
Convenience retail developer Isaac Property has swooped on a site in Sydney’s outer west Cranebrook. The 1.49 hectare parcel, 1
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Developer snaps up Newtown Jets HQ
The Marrickville warehouse home to the Newtown Rugby League Football Club has sold for $38 million. The buyer is understood
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Regis grows aged care pipeline
Regis Healthcare has paid $14.15 million for a Belrose aged care site. The 2.145 hectare parcel, 181 Forest Way, was
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Trilogy adds Sunshine Coast warehouse to portfolio
Trilogy Funds Management is paying $22.05 million for a Coolum Beach industrial investment. The price for 15-17 Dacmar Road reflects
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Creative Cubes leases Carlton ex-supermarket
Co-work outfit Creative Cubes has leased nearly 2000 square metres at Banco Group’s Lygon Court. The Carlton venue will be
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Rodd & Gunn choose CBD for HQ
Rodd & Gunn will relocate its national headquarters to Melbourne’s historic Manchester House. The high end clothing and accessories retailer
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Triumph spends $5.3m for HQ
Triumph Furniture has spent $5.3 million on an East Lidcombe showroom, warehouse and office which will dub as its headquarters.
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Shane Crawford lists Brighton ‘paddock’
Shane Crawford is selling the Brighton family home he bought 12 years ago as a renovation rescue. At 44 St
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Another Glen Waverley high rise planned
Plans have been lodged for a 21 storey apartment complex near The Glen shopping centre. The proposal would contain 147
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Blacktown hotel sells for $25m
Bob McGhee has sold Blacktown’s Adam’s Tavern after three decades. The hotel and bottle shop on 1867 square metres at
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UNSW sells student accommodation complex
The University of New South Wales has sold a student accommodation complex and childcare centre opposite its Kensington campus. The
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Ex-Eve nightclub earmarked for skyscraper
The Catalfamo family has teamed with Gurner to replace a prominent, low-rise Southbank hostel – once home to Eve nightclub
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Fragrance picks up historic London Court
The c1937 London Court, in Perth, has sold for the first time in 71 years. Singapore-based Fragrance Group is the
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Prahran Market block fetches $11.4m from Beulah
Beulah has swooped on a prominent corner site opposite Prahran Market. The 1132 square metre Activity Centre 1 zoned parcel
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Assembly enters Dandenong South industrial market
Assembly Funds Management has entered the Dandenong South industrial market, picking up two warehouses from private investor David Feldman. The
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Baron Vanilla buys warehouses, shopping centre
Baron Vanilla Management is outlaying $49.45 million for four assets earmarked for two trusts. In the biggest deal, the manager
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Telstra lists central Box Hill site
Telstra has listed another surplus site expected to wind up in the hands of a residential developer. The 902 square
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Fawkner spends $162.5m on Mackay mall
Fawkner Property is paying $162.5 million for Mackay’s Mount Pleasant Centre. The deal with Vicinity Centres, which manages the asset
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Charter Hall buys South Guildford warehouses, land
Charter Hall has spent $50.75 million on two modern South Guildford warehouses and a c8354 square metre development site which
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Aspen acquires regional retirement village
Aspen is paying Gannon Lifestyle Communities $6.01 million for the part-developed Wodonga Gardens Retirement Estate. The 8.8 hectare property, 2
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Waugh picks up Waterloo pub
Ashton Waugh has purchased Waterloo’s Grosvenor Hotel with refurbishment plans. The triple storey property on 304 square metres at 153
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Edible Blooms doubles Sydney office occupancy
Edible Blooms has leased a Beaconsfield office previously occupied by Stylerunner. The online hamper business is paying a speculated annual
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Collective snaps up assets in Albury, Canberra
Findex has sold a Bunnings-converted-retail investment at Albury, near the New South Wales/Victoria border. The Albury Convenience Centre at 618
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Laverton North sale a windfall for Qanstruct director
GPT is paying $72.5 million for a newly leased Laverton North industrial investment. The deal is a major windfall for
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State government banks c$135m from Macquarie Park blocks
Landmark Group is paying Landcom more than $135 million for a 1.85 hectare high-density residential development site in Macquarie Park.
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Elanor sells Queensland shopping centre, reports growth
Elanor Investors Group (ENN) has sold Moranbah Fair Shopping Centre after four years. The deal, with Sentinel, is worth $28
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Federal government seeks Melbourne office
The federal government has quietly issued a major Melbourne office leasing requirement. The Commonwealth is seeking between 20,000-25,000 square metres
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Dexus in c$1b play for Perth airport, industrial estate
In what would be its first operational infrastructure investment, Dexus is speculated to be paying more than $1 billion for
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Malvern shops smash reserve
A local investor has paid $11 million – 32 per cent over guide – for two adjoining shops in Glenferrie
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Martin Strode sells Fitzroy Aldi
Martin Strode is understood to be banking close to $14 million for a supermarket on the ground floor of a
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Howler trades for $4m
The warehouse-converted Brunswick bar occupied by Howler has sold for $4 million. The price for 16 Michael Street – two
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Customs House Hotel sold
The c1873 Customs House Hotel, in Williamstown, has traded for $5.85 million. On a 1100 square metre Commercial 1 zoned
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Skylife expands Cremorne office development site
Skylife Group has acquired a Cremorne office development site neighbouring three others it held on the road. The latest property,
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Ryman downsizes Mount Eliza retirement village plan
Ryman Healthcare has substantially downsized the scale of a proposed aged care and retirement living community at Mount Eliza’s Moondah
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Carina retail investment collects $12.5m
A Carina retail investment – 97 per cent occupied by health and medical groups – has sold for $12.5 million.
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Ned Kelly boosts regional pub portfolio
Ned Kelly has added Casino’s Tattersalls Hotel to his regional pub portfolio. At 136 Barker Street, the c1859 double storey
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Kerri-Anne Kennerley sells Woollahra home for record price
Veteran television show host Kerri-Anne Kennerley has sold her Woollahra home for a speculated price of more than $22 million
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Cold storage portfolio collects $51m
PTG Land has banked $51 million from a portfolio of four fully-leased Brisbane cold storage investments. The deal includes two
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Elwood home trades for record price
A waterfront home in Elwood has sold for a speculated $9.4 million – smashing the previous suburb record. The deal
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Pelligra buys baseball team, plots home base
Pelligra has snapped up the Adelaide Giants licence and is now seeking to build a home ground. The baseball team
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Crane company buys Pinkenba warehouse
Borger Cranes has snapped up a vacant Pinkenba industrial property. The 1.31 hectare site, with 27 car parks at 119
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MA picks up Bundaberg shopping centre
MA Financial has purchased another shopping centre, this time in Queensland. Stockland Bundaberg at 115-119 Takalvan Street, Avoca, is costing
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Green light for Windsor station hotel
After four years, SMA Projects has been granted approval to develop a hotel over rail lines at Windsor station. The
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McPhee industrial portfolio collects $186m
Dexus is paying McPhee Transport director Jay McPhee $186 million for four new, fully leased distribution centres. Three are in
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Dexus spends $123m in Kemps Creek
Dexus has entered a put and call option deed for a 30 hectare Kemps Creek industrial development site. The holding
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Mintus acquires Gladesville business park with upside
Mintus has snapped up a gateway Sydney business park with short and medium term development upside. The diversified investor is
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Cbus, Galileo partner for lux North Sydney apartments
Cbus Property, with Galileo Group as minority partner, is purchasing one of North Sydney’s last low-scale residential blocks with plans
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V-Leader snaps up permit-ready South Yarra block
V-Leader is paying a speculated $22 million for South Yarra’s distinctive Hotel Claremont. The 906 square metre site, 189 Toorak
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Charter Hall purchases another Bunnings
Charter Hall is spending $48.8 million – about 10 per cent over guide – for a Bunnings investment in an
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Hines buys first Australian Build to Rent site
Hines has chosen Brunswick for its first Australian Build to Rent project. The US-based developer and investor is paying $16.5
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Bardas family list legal precinct office
The Bardas family, which once owned the Sportscraft chain, has listed a prominent office in Melbourne’s legal precinct. At 235
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Hamton proposes Moonee Valley Park’s tallest towers
Hamton is seeking to build the tallest towers yet at its $2 billion Moonee Valley Park, replacing a 7.6 hectare
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Chemcorp offloads HQ with a leaseback
Chemcorp International has sold its Taren Point headquarters with a 12 month leaseback. On 4036 square metres, 7 Box Road
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Bunzl Australasia goes west
ISPT and Aliro have pre-committed Bunzl Australasia to the proposed $200 million Elevation at Greystanes estate, at Pemulwuy, 30 kilometres
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Another Campbelltown homemaker centre sells
Canberra based Goodwin & Kenyon Group has sold Homebase Campbelltown for $48.3 million. The off-market deal for the 15 year
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Paul Little begins Portarlington pub refurb
Paul Little has begun a c$10 million refurbishment of Portarlington’s Grand Hotel. The businessman paid $8.45m for the double storey
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Stockland re-enters Geelong housing market
Stockland has acquired another low-density residential development site, this time at Armstrong Creek, between Geelong and Torquay. The 30.6 hectare
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CostaFox pitches luxury Rippleside project
CostaFox Developments is promising a “luxury project that Geelong has not seen before” on a waterfront Rippleside site picked up
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Bayley collects c$22m from south Sydney shopping centre
Bayley Property Group has sold the strata titled Oatley Village Square, in Sydney’s south, for a speculated $22 million. The
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Roche Group pots another New England hotel
Roche Group has acquired another pub, this time in Uralla, on the Northern Tablelands. The Thunderbolt Inn – developed in
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Aspen snares 17 Perth apartment, unit blocks
Aspen Group has picked up a portfolio of 17 Perth residential investments from interests associated with the Buckeridge Group of
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Centennial outlays $25.85m in Brisbane
Centennial Industrial and Logistics (CIL) has purchased two Brisbane industrial assets from Pipeclay Lawson Limited. The priciest, 141A Boundary Road,
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Mirvac sells Locomotive Workshop stake
Sunsuper is paying $231 million for a 49 per cent stake in South Eveleigh’s Locomotive Workshop. The vendor, Mirvac, will
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Nick Theodossi, Ross Pelligra buy Subaru Docklands site
Nick Theodossi and Ross Pelligra are paying $50.5 million for a major Fishermans Bend car yard with development upside. The
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Redcape proposes to delist
Postscript: shareholders voted to delist on September 10. Redcape Hotel Group directors have proposed to delist with a $247 million
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NextDC extends Melbourne data centre plot
A year after paying CostaFox $21.8 million for a six hectare West Footscray block with plans for a data centre
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ESR locks in logistics group at Truganina
ESR Australia has committed 101 Warehousing to Truganina’s West Industry Park. The deal includes a five year extension on a
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Occupier buys ex-Betts warehouse
Vekta Automation has purchased a Malaga warehouse which was for lease. The 1.27 hectare site at 32 Millrose Drive –
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Centuria snaps up Austereo HQ
Centuria Capital is paying Deague Group $205.1 million for a new South Melbourne office. The price for 101 Moray Street
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Spotlight leases ex-Toyota warehouse
Spotlight Retail Group has leased a Laverton North industrial property last occupied by automotive component manufacturer Toyota Boshoku. The agreement
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Tudor Inn sale sets yield benchmark
ALE Property Group is banking $15.66 million from Cheltenham’s Tudor Inn. The price reflects a net passing yield of 3.79
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Glenvill, Qualitas secure ex-Banksia La Trobe college
The City of Banyule will sell the former Banksia La Trobe Secondary College and adjoining sites to Glenvill Group. The
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