Skip to content
realestatesource

realestatesource

Commercial and residential property news

  • News
    • A.C.T.
    • New South Wales
    • N.T.
    • Queensland
    • South Australia
    • Victoria
    • Western Australia
  • Sectors
    • Essential services
    • Hotels
    • Industrial
    • Land
    • Office
    • Residential
    • Retail
  • Spotlight
  • About us
  • Advertise

Author: Marc Pallisco

Essential services News Western Australia 

Dexus acquires Bethesda Clinic for healthcare fund

June 1, 2021June 1, 2021 Marc Pallisco

Dexus has acquired a Perth healthcare investment on a funds through basis. The Bethesda Clinic, designed and being delivered by

Read more
National News 

GIC to open Australian office

June 2, 2021June 2, 2021 Marc Pallisco

Singapore sovereign wealth fund GIC will open an Australian office next year. The landmark Chifley Tower, in Sydney – which

Read more
News Retail Victoria 

Oreana buys up more of South Yarra

June 1, 2021October 12, 2021 Marc Pallisco

Local developer Oreana has paid $13.15 million for a row of four shops next to the South Yarra Square arcade

Read more
News Office Victoria 

Scape buys Oxfam HQ for 14-level tower

May 31, 2021January 15, 2023 Marc Pallisco

Oxfam has sold its Carlton headquarters to Scape for $22.11 million. At 130-138 Leicester Street, the four-storey warehouse-converted-office will now

Read more
News Retail Victoria 

Brunswick shops collect $8.25m

May 31, 2021June 1, 2021 Marc Pallisco

Two retail investments with development upside in Brunswick’s Sydney Road sold this week. At #120-124, a double fronted shop neighbouring

Read more
New South Wales News Retail Victoria 

bp, David Jones split

May 29, 2021May 31, 2021 Marc Pallisco

David Jones has ended its food hall partnership with bp after two years. The pair operated 35 dual branded service

Read more
Land News Victoria 

Offshore buyer snaps up 25ha Bangholme block

May 31, 2021May 31, 2021 Marc Pallisco

A Chinese investor – in its second Australian land play – has made a strategic purchase at Bangholme, about 31

Read more
Hotels News Victoria 

Longriver proposes bigger hotel at ex-Theosophical Society HQ

May 28, 2021October 18, 2021 Marc Pallisco

Longriver Group has quietly snapped up two shops neighbouring the former Melbourne Theosophical Society headquarters – allowing it to build

Read more
News Office Victoria 

Architect lists unique city HQ

May 31, 2021May 31, 2021 Marc Pallisco

Architect Omiros Emmanouilides is selling his Melbourne base. The unique property – with a double lock-up garage directly off its

Read more
National News 

Samsung Life acquires 25pc of Savills IM

May 31, 2021May 31, 2021 Marc Pallisco

Samsung Life and its real estate asset management subsidiary Samsung SRA have snapped up a 25 per cent stake in

Read more
Industrial News Queensland 

Ormeau warehouse, servo trades for $23m

May 31, 2021May 31, 2021 Marc Pallisco

Xiao Honh (Jane) Darvezina has paid $23 million for an industrial investment at Ormeau – about 35 kilometres north west

Read more
New South Wales News Retail 

Gym operator pays $11.2m for local bank

May 29, 2021May 29, 2021 Marc Pallisco

A Coogee retail investment, purpose built in 1985 for Commonwealth Bank of Australia, which still occupies, sold for $11.2 million

Read more
New South Wales News Office 

Underutilised Auburn site trades for $13.1m

May 28, 2021June 2, 2021 Marc Pallisco

A Centrelink office on 1870 square metres, walking distance to Auburn station, has traded for $13.06 million, or a 2.69

Read more
Industrial News Victoria 

Charter Hall makes tactical Boronia play

May 28, 2021May 28, 2021 Marc Pallisco

Charter Hall is paying $106 million for a life sciences building on 16.8 hectares in Melbourne’s east Boronia. The vendor,

Read more
Land News Victoria 

Nillumbik council sells townhouse block

May 28, 2021May 28, 2021 Marc Pallisco

Nillumbik Shire Council is banking $4.62 million for a townhouse development site next to Diamond Valley Library. The 4773 square

Read more
Land New South Wales News 

Metro spends c$275m on permit-ready sites

May 27, 2021May 28, 2021 Marc Pallisco

Metro Property is continuing to stock its residential development pipeline, spending c$275 million on two permit-ready Sydney blocks. In the

Read more
New South Wales News Retail 

Neil Perry rents CBD food court for Hope Delivery

May 28, 2021May 28, 2021 Marc Pallisco

Revered chef Neil Perry has rented a food court space at Stockland Piccadilly, in Pitt Street, for his Hope Delivery

Read more
News Office Queensland 

ESR, Goldman Sachs selling State Law Building

May 26, 2021May 27, 2021 Marc Pallisco

ESR and Goldman Sachs are understood to have sold a government-backed Brisbane CBD office to Hines. The State Law Building

Read more
Industrial New South Wales News Victoria 

Mirvac lists c$150m industrial portfolio

May 26, 2021July 5, 2021 Marc Pallisco

Mirvac has listed three east coast industrial investments – one attached to a development site. The portfolio could sell for

Read more
Hotels News Victoria 

Quest hotel to replace Collingwood ex-suit factory

May 24, 2021May 27, 2021 Marc Pallisco

The Ascott Limited has committed to a second Collingwood hotel in as many years. In the latest deal, for its

Read more
Hotels New South Wales News 

Merivale drops c$13.5m for prime Byron Bay corner

May 25, 2021May 27, 2021 Marc Pallisco

Merivale Group has acquired Byron Bay’s former Cheeky Monkey’s bar and backpackers, and neighbouring Thai Sabai massage parlour, for a

Read more
News Office Victoria 

Hub Australia, 1R commit to Industry Lanes

May 25, 2021May 27, 2021 Marc Pallisco

Hub Australia has committed to 3000 square metres at a Richmond office being developed by Abacus Property Group and Salta

Read more
Industrial New South Wales News 

Goodman secures Australia Post to Port Air

May 24, 2021May 27, 2021 Marc Pallisco

In a major lease deal, Goodman has secured Australia Post to two warehouses at Botany’s Port Air Industrial Estate. The

Read more
Land News Residential Victoria 

Stockland buys in Beveridge: sources

May 23, 2021May 27, 2021 Marc Pallisco

Stockland is continuing to build its Melbourne residential development pipeline, with speculation it is paying Ouson Group $125 million for

Read more
New South Wales News Office 

Double Bay office sets auction record

May 23, 2021May 27, 2021 Marc Pallisco

A Double Bay office developed by Greater Union six years ago – replacing the Vogue Theatre – has sold for

Read more
Industrial New South Wales News 

Lendlease spends $130.1m on Best & Less warehouse

May 24, 2021May 27, 2021 Marc Pallisco

Lendlease is paying $130.1 million – a price which reflects a 3.62 per cent yield – for an Eastern Creek

Read more
Essential services News Retail South Australia 

AQR snaps up six SA service stations

May 23, 2021May 27, 2021 Marc Pallisco

APN Funds Management has acquired another six service station for its Convenience Retail REIT (AQR). The South Australian properties were

Read more
News Residential Retail Victoria 

Green light for Piedimonte’s Fitzroy North redevelopment

May 21, 2021May 28, 2021 Marc Pallisco

The Piedimonte family has been granted permission to replace its Fitzroy North supermarket and eight neighbouring sites with a mixed-use

Read more
News Office Victoria 

Hickory secures Goldfingers for office

May 20, 2021January 12, 2023 Marc Pallisco

Hickory has quietly snapped up the former Goldfingers strip club – and won approval to build a 22 storey office

Read more
New South Wales News Office 

Ord Minnett returns to Grosvenor Place

May 26, 2021May 27, 2021 Marc Pallisco

Ord Minnett will move back to the Harry Seidler designed Sydney office it quit 16 years ago. The wealth manager

Read more
Industrial News Western Australia 

Perron sells Welshpool investment

May 29, 2021May 29, 2021 Marc Pallisco

Perron Group has sold a Welshpool industrial investment to an owner occupier. The 1.12 hectare property with 4099 square metres

Read more
Essential services Land News Victoria 

Ryman acquires Essendon site for $165m village

May 21, 2021June 2, 2021 Marc Pallisco

Ryman Healthcare has picked up a small Essendon retirement village with plans for a full-service one. The sizeable 1.8 hectare

Read more
Hotels News Queensland 

HPI, AVC snare five more Queensland pubs

May 24, 2021May 27, 2021 Marc Pallisco

A fortnight after paying the Scanlon family $10.45 million for Marcoola’s Surfair Beach Hotel, ASX-listed Hotel Property Investments has acquired

Read more
Industrial Land National News Office 

Fife spends $200m on Buckeridge portfolio

May 26, 2021September 22, 2021 Marc Pallisco

Fife Capital is reportedly paying $200 million for a portfolio of industrial, office and residential investments. The 39 properties were

Read more
News Office Victoria 

Australia Post quits city for Burnley

May 21, 2021May 27, 2021 Marc Pallisco

Australia Post will relocate its headquarters to Melbourne’s inner east Burnley. A company spokesperson confirmed the move to 480 Swan

Read more
Land News Victoria 

Drouin housing site trades for $14m

May 24, 2021May 27, 2021 Marc Pallisco

A low density housing estate site at Drouin – outside of the Urban Growth Boundary but still accessible to metropolitan

Read more
New South Wales News Office 

Government backed Bowral investment collects $9.5m

May 24, 2021May 29, 2021 Marc Pallisco

A federal government backed office in central Bowral has sold for $9.5 million reflecting a 4.6 per cent passing yield.

Read more
Essential services New South Wales News Queensland 

AU spends $65m on retirement homes, land

May 20, 2021May 27, 2021 Marc Pallisco

Australian Unity is paying $65 million for Greengate’s aged care and retirement living portfolio. The deal includes three modern, operational

Read more
Hotels New South Wales News Retail 

Mercato on Byron, land trades for c$120m

May 19, 2021May 27, 2021 Marc Pallisco

Wingate and Azzura Investments have sold a Byron Bay shopping centre and neighbouring development site for a speculated c$120 million.

Read more
Industrial New South Wales News 

ESR secures two pre-commitments at Horsley Park

May 19, 2021May 27, 2021 Marc Pallisco

ESR has started constructing its $320 million Horsley Logistics Park, in Sydney’s west, after securing two pre-commitments. In the biggest

Read more
Essential services News Queensland 

Australia’s largest regional art gallery opens

May 23, 2021May 27, 2021 Marc Pallisco

Gold Coast’s HOTA Gallery (pronounced ‘hotter’) opened this month. The $60.5 million facility supersedes The Art Gallery of Ballarat as

Read more
Hotels News Victoria 

Historic Lorne Hotel sells to Merivale

May 19, 2021May 27, 2021 Marc Pallisco

Merivale has made its second Victorian acquisition – this time on the Surf Coast. The hospitality group is paying the

Read more
Essential services News Victoria 

Premium architect designs waterfront Sorrento aged care complex

May 19, 2021May 29, 2021 Marc Pallisco

Australian Aged Care Group Pty Ltd is proposing a luxury low rise complex opposite Sorrento’s front beach. The $50 million

Read more
Industrial News Queensland 

GARDA spends $30m to treble industrial pipeline

May 20, 2021May 27, 2021 Marc Pallisco

GARDA Property Group is spending $30 million on three Brisbane industrial sites with plans for 128,000 square metre of product

Read more
Land News Victoria 

Officer block earns $25m from developer

May 23, 2021June 30, 2021 Marc Pallisco

Parklea director Andrew Facey with Premier Building Group’s Greg Kilner have sold a low-density housing block in Melbourne’s south east

Read more
Hotels New South Wales News 

North Coast offloads Moonee Beach Tavern

May 20, 2021May 27, 2021 Marc Pallisco

North Coast Hotel Group is banking a speculated $22 million from Moonee Beach Tavern, about 15 kilometres north of Coffs

Read more
Hotels New South Wales News 

Harvest buys Dubbo’s Milestone Hotel

May 20, 2021May 27, 2021 Marc Pallisco

Unlisted pub fund Harvest Hotels is spending a speculated $15 million on Dubbo’s Milestone Hotel. The purchaser already owns regional

Read more
News Office Victoria 

Southern Cross Austereo relocates within South Melbourne

May 20, 2021May 27, 2021 Marc Pallisco

Southern Cross Austereo will relocate its studio within South Melbourne. The media group has signed a 10-year lease for 3000

Read more
Hotels New South Wales News 

Merivale snaps up historic Leichhardt pub

May 18, 2021May 27, 2021 Marc Pallisco

Merivale has acquired the freehold going concern interest in Leichhardt’s historic Norton’s Irish Pub, for $24 million. It is the

Read more
Land News Office Victoria 

Richmond’s ex-ARL HQ for sale

May 18, 2021March 11, 2023 Marc Pallisco

Associated Retailers Limited’s former inner-city headquarters is for sale with two redevelopment schemes. The half acre site, at the south

Read more
New South Wales News Retail 

Bunnings Young trades at sub-5pc yield

May 18, 2021May 27, 2021 Marc Pallisco

A near new Bunnings outlet at Young – a 375 kilometres drive south west of Sydney – has sold for

Read more
Land News Office Victoria 

Cremorne office site collects $26.9m

May 18, 2021May 27, 2021 Marc Pallisco

Fortis is paying $26.9 million for a Cremorne site opposite Kangan TAFE. The vendor, Tope Lane, recently won permission to

Read more
News Office Western Australia 

Quadrant seeds fund with Midland office

May 19, 2021May 27, 2021 Marc Pallisco

Quadrant Investments will seed a fund – QI Diversified Income Trust No 1 – with a Midland office acquired for

Read more
A.C.T. New South Wales News Office Victoria 

Charter Hall goes on $780m office spending spree

May 18, 2021May 27, 2021 Marc Pallisco

Charter Hall is paying $780 million for four offices – three leased to the government. In the biggest deal, the

Read more
New South Wales News Office 

Sun Property banks sizeable capital gain at Crows Nest

May 19, 2021May 29, 2021 Marc Pallisco

Sun Property has sold the former Warner Music building, in Crows Nest, for $32.25 million. The boutique apartment builder paid

Read more
New South Wales News Office 

Government commits to balance of Macquarie Park office

May 18, 2021May 29, 2021 Marc Pallisco

In another major suburban Sydney office lease deal – Charter Hall has secured the state government to 8600 square metres

Read more
Essential services New South Wales News Queensland Retail 

HomeCo sells retail, buys social infrastructure investments

May 17, 2021May 29, 2021 Marc Pallisco

Home Consortium (HMC; HomeCo) has spent $133.2 million on three more social infrastructure assets to seed its HealthCo REIT. The

Read more
New South Wales News 

Tubbo Station for sale

May 19, 2021May 19, 2021 Marc Pallisco

Tubbo Station, in the New South Wales Riverina region, is for sale with a $40 million-plus guide. The 14,876 hectare

Read more
Land News Victoria 

Carpe buys Eaglemont apartment site

May 16, 2021May 29, 2021 Marc Pallisco

Carpe Group has acquired an Eaglemont family home over two blocks with plans for an apartment project. The 2216 square

Read more
New South Wales News Office 

Centuria secures tech group to South Eveleigh

May 16, 2021May 29, 2021 Marc Pallisco

Centuria has secured SpeeDx to 3000 square metres at South Eveleigh’s Eight Central Avenue. The lease deal is one of

Read more
News Residential Victoria 

Guy Pearce sells Middle Park investment

May 16, 2021May 29, 2021 Marc Pallisco

Actor Guy Pearce has sold a Middle Park investment property after four years. The unrenovated home at 339 Richardson Street

Read more
New South Wales News Office 

Harry Seidler’s first commercial project sold for $23.3m

May 14, 2021May 29, 2021 Marc Pallisco

A Hong Kong family has purchased one of Sydney’s most important offices. The buyer is paying Dynasty Aust Group $23.3m

Read more
Industrial News Victoria 

Glicks sell Clayton South HQ off-market

May 14, 2021May 29, 2021 Marc Pallisco

Glicks Bakery directors have sold the company’s Clayton South headquarters – which also includes a manufacturing plant and distribution centre

Read more
News Retail Victoria 

Harvey Norman snares Clark Rubber at Wodonga

May 17, 2021May 29, 2021 Marc Pallisco

Harvey Norman has secured Clark Rubber to its Wodonga Homemaker Centre, at the Victoria/NSW border. The tenant will join 11

Read more
News Office Queensland 

Silverstone buys underutilised South Brisbane site

May 16, 2021May 29, 2021 Marc Pallisco

Silverstone Developments has paid $11.5 million for a South Brisbane office/warehouse with high rise upside. The purchaser paid cash for

Read more
Industrial News Victoria 

LOGOS, Ivanhoé Cambridge turn sod at Broadmeadows estate

May 15, 2021May 29, 2021 Marc Pallisco

LOGOS and Ivanhoé Cambridge, with Hume City mayor Joseph Haweil, have turned the first sod, marking the start of construction,

Read more
Industrial New South Wales News 

Marque offloads near-new Matraville business park

May 15, 2021May 29, 2021 Marc Pallisco

Marque Property has sold a small, near-new industrial park, near Botany Bay. The uber contemporary estate, The Avenue, at 38

Read more
News South Australia 

Aspen buys outskirt Adelaide retirement village

May 16, 2021May 16, 2021 Marc Pallisco

Aspen Group is paying $2.36 million for a part-developed aged care investment, about 55 kilometres south east of Adelaide. Lewis

Read more
Essential services News Western Australia 

Elanor acquires another Perth healthcare investment

May 13, 2021May 29, 2021 Marc Pallisco

Elanor Investors Group (ENN) has paid Mair Property Funds $12 million for an Ellenbrook healthcare asset. The Broadway Medical Centre

Read more
News Retail Victoria 

Page Bros quits Seaford after five decades

May 12, 2021June 14, 2021 Marc Pallisco

Page Bros RV has leased the prominent Moorabbin showroom occupied until 2019 by Melbourne’s Cheapest Cars. The 2.12 hectare site,

Read more
Essential services News Victoria Western Australia 

Four more childcare centres deal at sub-5pc yield

May 12, 2021June 14, 2021 Marc Pallisco

A month since Cushman & Wakefield sold a childcare centre for a price reflecting a milestone sub-five per cent yield,

Read more
Land News Victoria 

Melbourne housing sites trade for c$118m

May 12, 2021June 14, 2021 Marc Pallisco

Two low-density residential development sites each side of the city have sold off-market for a total of c$118 million. In

Read more
News Queensland Retail 

Aventus sells Macgregor Home after five years

May 12, 2021June 15, 2021 Marc Pallisco

Stirling Property Funds is acquiring a south Brisbane homemaker centre from Aventus Group. The deal for Macgregor Home at 555

Read more
News Office Victoria 

Bill McNee lists premium South Yarra office

May 12, 2021June 15, 2021 Marc Pallisco

Vicland, headed by Bill McNee, is selling a South Yarra office developed on the former Jam Factory car park. The

Read more
News Queensland Retail 

APN adds six Queensland servos to convenience fund

May 12, 2021June 15, 2021 Marc Pallisco

APN Funds Management has spent $59 million on six Queensland service stations. The deal reflects a blended 5.5 per cent

Read more
Industrial News Victoria 

Trilogy buys Carrum Downs mattress factory

May 12, 2021June 15, 2021 Marc Pallisco

Trilogy Funds Management has snapped up a south east Melbourne office/warehouse off market. The Carrum Downs property, 118 Colemans Road,

Read more
Industrial New South Wales News 

BlueScope warehouse collects $10.4m

May 12, 2021June 15, 2021 Marc Pallisco

A Smithfield warehouse set to be vacated by BlueScope Steel has sold for $10.4 million – nearly 20 per cent

Read more
New South Wales News Office 

Savills purchases $151.5m Mascot office

May 12, 2021June 15, 2021 Marc Pallisco

Savills Investment Management has acquired a second investment in as many months – this time, an office abutting Sydney’s Kingsford

Read more
News 

Dexus makes $320m APN bid

May 12, 2021May 12, 2021 Marc Pallisco

Dexus is seeking to acquire APN Property Group for c$320 million. The pair entered a scheme implementation deed yesterday. Shareholders

Read more
Hotels New South Wales News 

Fridcorp, Piety pick up Double Bay’s ex-Ritz-Carlton

May 10, 2021June 15, 2021 Marc Pallisco

Fridcorp and Piety Group have quietly acquired one of Australia’s highest profile hotels – on 3670 square metres in one

Read more
  • ← Previous
  • Next →

Recent Posts

  • Justin Hemmes to open first Melbourne venue August 25, 2025
  • Mapletree secures site for maiden Australian student accommodation complex August 25, 2025
  • Historic Firehouse Hotel sold August 25, 2025
  • Investor buys office/warehouse off-market August 25, 2025
  • Dandenong court building let, sold August 25, 2025
  • ADCO sells HQ with a leaseback August 25, 2025
  • Occupiers trade Keilor Park office/warehouse August 25, 2025
  • Receivers sell vacant Monbulk Jam Factory August 25, 2025
  • Investors still targeting childcare centres August 25, 2025
  • Developer buys ex-Camden Livestock Selling Centre August 22, 2025
  • About us
  • Contact us
  • Terms and Conditions
  • Privacy Policy

Subscribe to our newsletter


    Copyright © 2025 realestatesource. All rights reserved.
    • Sign in

    Forgot your password?

    Lost your password? Please enter your email address. You will receive mail with link to set new password.

    Back to login

    error: Content is protected !!
    property news delivered
    stay up to date by subscribing to our free newsletter