Area 51 to expand into ACT
Marking its entry to the ACT, family entertainment operator Area 51 has signed a long-term lease for a large format
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News
Industrial heavyweight funds Darlinghurst health initiative
St Vincent’s Hospital Sydney will establish an Urban Health Hub in Darlinghurst supported by a $10 million contribution from the
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Dean Petrie leases showroom for X-Golf club
Dean Petrie has leased another Perth property for an X-Golf club. The membership-only sports entertainment venue business will open at
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Centennial, Terraplex trade Melbourne industrial assets
Terraplex has bought a major four-warehouse industrial investment in Melbourne’s north with plans to sell it down for a profit.
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Gallaghers buy Neutral Bay’s Oaks Hotel
Patrick and Angela Gallagher have bought the Oaks Hotel in Neutral Bay, ending about five decades of ownership by the
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Healthcare giant leases bulk of ex-Target HQ
Leaf Corporation has secured a tenant for the bulk of Target’s former headquarters, in North Geelong. Barwon Health has signed
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Row of Lower North Shore shops sell for $33m
EXCLUSIVE Developers Harry and Jilla Vakili have sold a row of shops with significant development upside on Sydney’s Lower North
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Outgoing Tennis Australia boss lists waterfront home
Outgoing Tennis Australia boss Craig Tiley and wife, Alicia, are selling the beachfront home for which they paid a suburb
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Toyota dealer spends $25m for Adelaide sites
Northpoint Toyota has snapped up two adjoining inner-Adelaide industrial properties – only one which was for public sale. The popular
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Turnkey hospital for sale, Melbourne
A turnkey hospital and consulting hub – ready to operate with all necessary clinical infrastructure, including theatres, recovery bays, labs,
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Recently retired Footscray Hospital set to be razed
Development Victoria will begin demolishing the recently vacated Footscray Hospital in the second half of 2026, with an update on
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Guildford Bell home listed with $17.5m hopes
One of Victoria’s most significant modernist homes has returned to market – Seccull House, designed by revered architect Guilford Bell.
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Developer pays $15m for Toowoomba farm
A farm surrounded by housing estates in Toowoomba’s north has sold for $15.15 million. The 11.01 hectare, irregularly shaped Highfields
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Centuria, Morgan Stanley shed Melbourne warehouse
Centuria and Morgan Stanley have sold a multi-tenanted industrial investment in Melbourne’s north. The 1.77 hectare asset, 40 Scanlon Drive,
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CFMG snaps up Gold Coast housing estate site
CFMG Capital – formerly known as Custodian Funds Management Group – has swooped on another housing estate site, this time
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Fife in the black after Brisbane warehouse sale
Fife Capital has sold a Brisbane warehouse for $35 million. The Acacia Ridge investment, 55 Bellrick Street, curried favour with
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Sherpa outlays $19m for Gold Coast block
Christie Leet’s Sherpa Group has settled on the priciest of two Palm Beach development sites bought late last year. The
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Sorrento shops snapped up before auction
A triple fronted retail property on Sorrento’s Ocean Beach Road has sold before auction. The late 19th century limestone building
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Boral, Mirvac permitted to develop ex-quarry
Mirvac has won state government approval to replace a former clay quarry and brickworks in Melbourne’s south-east, seven years after
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Forza in play for Myer Melbourne building
Forza Capital is understood to be pursuing the landmark Myer store on the Bourke Street Mall – a deal which
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Impact sells green Collingwood office
The Liberman family backed Impact Investment Group has sold a four and a half year old Collingwood office. ASA Real Estate
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Precept spends $21m for Brisbane office
Precept Property Partners is speculated to be paying $21 million for a Brisbane CBD office marketed for its value-add upside.
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Charter Hall sells regional Victorian shopping centre
Charter Hall has sold the Lansell Square shopping centre, in Bendigo’s south west. The off-market deal with an Asia based
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MA Financial snaps up another marina
MA Financial has agreed to buy the Gold Coast City Marina and Shipyard – one of the largest diversified marina
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Brady banks $36m for boutique Melbourne hotel
EXCLUSIVE Brady Group has sold a three year old boutique hotel in Melbourne’s inner east – banking $30.6 million or
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Keneco buys $27m site for Kennards Hire
Keneco, born out of Kennards Hire and predominantly investing in product leased to the group, has paid $27.2 million for a
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Developer secures final pieces of Dianella Broadcast Precinct
Nigel Satterley has bought the ex-Channel 9 and Network 10 broadcast sites in Perth’s inner north from media entrepreneur Bruce
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POD sells Richlands Plaza
POD Developments has found a buyer for a Woolworths anchored shopping centre listed last quarter in Brisbane’s south west. Richlands
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Developer appointed to replace ex-water tank site
Development Victoria has awarded PDG the tender to develop a major apartment tower and park in Melbourne’s north east. The
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Charter Hall, Fife land industrial pre-commitments
Charter Hall has pre-committed Amazon to a multi-level automated distribution centre at the Flagstone Logistics Estate in North Maclean. As
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New business leases ex-Hill of Content bookshop
EXCLUSIVE A two month old consumer electronics retailer – now seeking supply chain partners – has leased the former Hill
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Adelaide office, childcare centre trades for $22m
A 60 place childcare centre and sprawling vacant office in Adelaide’s south Bedford Park has sold. The 2.85 hectare irregular
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Aoyuan suffers dramatic loss on Sydney site sale
The state government has acquired a major west Sydney land bank for a fraction of the price the embattled vendor
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ESR quietly sells $38m gym
ESR Australia has sold a Northern Beaches investment seized with its takeover of Propertylink Group in 2019. The Virgin Active
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Glenn Piper buys Port of Airlie
Glenn Piper has extended his reach into the Whitsundays, paying $20.75 million for the Port of Airlie, including the Cruise
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Annerley boosts healthcare portfolio
Annerley Group has bought another major healthcare investment, this time in the Mid North Coast heartland of Port Macquarie. The
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Greenacre shops fetch $14m
A row of six commercial properties all up covering 1810 square metres, in central Greenacre, has sold. The buyers of
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NAK Hair founders flip Brisbane mansion after a year
NAK Hair founders Anthony and Angela Rigney have flipped the distinctive inner north east Brisbane mansion known as Riverview Palace
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Melbourne toy factory trades for $10.7m
A south east Melbourne warehouse, leased since last year to one of the country’s largest toymakers, has sold off-market. A
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Nuveen buys major Sydney industrial investment
EXCLUSIVE Nuveen – which until 2021 owned a third of Myer’s Bourke Street Mall, Melbourne, building – has bought a
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Alkimos shopping centre fetches $33m
Another major shopping centre has sold in Perth’s coastal Alkimos. Trinity Village courted favour with Harmony Property Investments, the capital
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Australian Unity sells prominent medical centre
April Group and MaxCap have settled on the purchase of Sydney’s RPAH Medical Centre. The five storey complex near Royal
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Council lists site after slicing piece for park
A major apartment complex at the west end of Bell Street might be back on the cards with the local
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Developer sells office built 40 years ago
A prominent Northern Territory office has been sold by the developer which built it 40 years ago. Satepak House at
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Asset manager turns profit selling Sunshine Coast office
Rhodes Asset Management has sold a sprawling Sunshine Coast office held six years. The Brisbane based fund manager banked $7.5
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Developer swoops on New Farm shops, dwelling
Griffith Group has paid $14.5 million for an apartment development site in Brisbane’s inner east New Farm. The amalgamated holding
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Launceston’s QV Tower sold
A state government anchored medical and office facility with longer term development upside in East Launceston has sold. The fully
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Australian Unity suffers major hit on office sale
Australian Unity has sold a vacant Brisbane office on its second attempt. The last asset from the Australian Unity Office
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Adelaide asset managers trade Perth shopping centre
Harmony Property Investments, the capital partner of MRS Property, has bought a modern shopping centre in a Peet housing estate
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Demian reclaims ex-James Hardie factory from Abacus
Abacus Property Group is selling an enormous ex-James Hardie factory back to Sydney developer Charlie Demian. The ASX-listed group paid
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End of an era as Presentation Sisters sell historic convent, school
The Presentation Sisters have sold an inner city Melbourne convent and school held more than 150 years. The 1.89 hectare
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Brooki Bakehouse founder lists historic Brisbane home
Brooki Bakehouse founder Brooke Bellamy and husband, Justice, have listed Camp Hill’s historic Litchaton after 20 months. The property is
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Mirvac locks student accommodation giant to ex-Sydney Fish Market
Mirvac has secured student accommodation operator Scape, controlled by The Living Company, for a 26 storey tower at its $1 billion-plus
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Centuria sells Melbourne shed held two years
Centuria has sold a west Melbourne warehouse bought in mid-2023 for a Starwood Capital Group mandate. Despite being tenanted then
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Iwan Sunito pays $125m for inner west site
Iwan Sunito is boosting his post Crown Group pipeline, with his private investment vehicle One Global Capital acquiring a major
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New owner for popular Chippendale hotel
The Kanellos family has sold the leasehold to Chippendale’s historic Rose Hotel, 10 months after launching a campaign to divest
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Wentworth buys Darling Harbour Novotel, Ibis
The Abu Dhabi Investment Authority has sold Sydney’s Novotel and Ibis hotels on Darling Harbour to local asset manager Wentworth
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Nick Scali buys Melbourne showroom leased to rival
Nick Scali has quietly bought a two level building in the heart of a popular inner city Melbourne showroom precinct.
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Developer swoops on parkside Hawthorn office
Sydney based apartment developer Abadeen has swooped on a Hawthorn office covering 1300 square metres. The Pharmacy Guild of Australia
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Ramsay lists enormous ex-hospital in blue ribbon Grace Park
Another leafy east Melbourne site until recently used for essential services has hit the market with a chance it could
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Leyton sells SA’s best performing Nando’s drive through restaurant
Leyton Property has sold a new Adelaide quick service retail investment in two parts. The priciest – South Australia’s best
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McNee, Spotlight swap Melbourne assets in unusual deal
Vicland founder Bill McNee has acquired a $65 million South Yarra development site from Spotlight Property Group after Spotlight bought
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Ausbuild snaps up permit-ready townhouse site
Ausbuild has snapped up a two hectare townhouse site in Brisbane’s northern growth corridor while Abri Property has shed an
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Westbridge buys another Queensland medical centre
Westbridge Funds Management has acquired its second Queensland healthcare investment, paying $18.4 million for the Hermit Park Medical Centre in
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Operators trade $196m feedlot
Privately owned processor Australian Meat Group has agreed to acquire the Killara Feedlot near Quirindi in north-west New South Wales
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Bunnings sold, set for repurpose
BWP Trust has sold an ex-Bunnings outlet at Port Kennedy, in Perth’s outer south. About 40 per cent of the
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Victorian truck stop sells for $21.3m
Fawkner Property has sold a sprawling quick service retail investment in a popular holiday spot near the Victoria/New South Wales
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Centennial sells seed asset
Centennial has sold one of its four seed investments. The asset manager is banking $54.5 million for the eight level
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Mitsubishi buys into luxury Brisbane apartment project
Mitsubishi Estate Asia Pte Ltd has acquired a stake in a Brisbane luxury apartment project being developed by McNab Group.
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OUE buys Salesforce Tower stake
In its maiden Australian acquisition, OUE Real Estate Investment Trust is buying a 19.9 per cent stake in Sydney’s Salesforce
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Aljasser expands Truganina footprint
Middle Eastern backed developer Aljasser Group has quietly bought another Truganina industrial site. The 5.52 hectare rectangle shaped block, 185
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Melbourne investors trade vacant Adelaide office
Alternative investment house Wingate – since mid-last year owned by CapitaLand – with IP Generation founder, Chris Lock, have taken
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Kinglake buys Northern Rivers LFR investment
Two year old Melbourne based retail focused asset manager Kinglake Group has bought another property. The refurbished bulky goods investment
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Corval sheds Perth investment
Corval has sold a Perth industrial investment held just over four years. The Sydney based asset manager finished in the
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Student accommodation provider buys site for maiden Adelaide project
Renewal SA has sold the former Royal Adelaide Hospital Chest Clinic site and an adjoining parcel at 274-275 North Terrace
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Harmony sells Adelaide office
Harmony Property Investments has sold a fully leased Adelaide office bought in late 2020, as most of the country exited
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Spotlight pays $185m for trophy Melbourne office
Spotlight Property Group, controlled by the Fried and Fraid families, has snapped up a trophy new Melbourne office from developer
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Kmart anchors new Melbourne shopping centre
EXCLUSIVE Kmart will anchor a shopping centre within Gill Family Corp’s 171 hectare St Germain, in Melbourne. The store is
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Site chosen for Australia’s first Trump Tower
The family office of US President Donald Trump has struck a deal for its first Australian Trump Tower, reviving plans
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Chunk of Shepparton’s retail centre for sale
A prominent shopping plaza in the heart of Shepparton, Victoria’s fifth biggest town, has hit the market. Harris Scarfe Plaza
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