Industrial assets collect $351m from Centuria
Centuria has snapped up eight fully leased warehouses, boosting the value of its Industrial REIT (CIP) by 10 per cent.
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News
Dexus, APN spend $1.5b on airport, warehouses, land
Dexus, in partnership with APN Industria REIT (ADI) – which it now manages – has spent nearly $1.5 billion on
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Lake Illawarra Hotel trades locally
The Hampton family has sold Windang’s Lake Illawarra Hotel after 36 years. At 198 Windang Road, the former Tooth’s brewery
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DMC leases another warehouse
Direct Mail Corporation has leased a new Epping warehouse to accommodate its third party logistics arm. The occupier has signed
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EG picks up Newcastle industrial estate
EG, for its Private Wealth division, has spent $7.82 million on a Newcastle industrial investment with development upside. On a
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Third time lucky for Jam Factory revamp
An application to redevelop South Yarra’s Jam Factory as a mixed-use village with an end value of $1.5 billion will
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Woolworths sells Greenvale Lakes shopping centre
Woolworths has sold a new Roxburgh Park shopping centre for $27.7 million. The price for Woolworths Greenvale Lakes at 200-230
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Minogue family list Hawthorn office
The Minogue family is selling an A-grade Hawthorn office acquired during construction in 2007. At 108-110 Church Street, the asset
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Avon Court discounted again
Avon Court, in Hawthorn’s prestigious St James Park precinct, has been relisted with a revised price guide. The four-storey property
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Aspen settles on Perth apartment blocks
Aspen Capital has settled on 17 Perth apartment blocks – offloaded by the Buckeridge Group of Companies via a Nomination
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Centuria spends $167m on healthcare assets
Centuria has purchased seven fully leased essential services investments for its Healthcare Property Fund (CHPF). The acquisitions double the number
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Footwear giant commits to high-tech warehouse
Munro Footwear Group – which turns 60 next year – has pre-committed to a high-tech distribution centre at Charter Hall’s
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Quintessential buys back Adelaide office
Quintessential Equity has bought back an Adelaide office it sold in 2008. The Commonwealth Bank building – 100 King William
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Arden 2.0 at a glance
A revised structure plan affecting Arden, in Melbourne’s inner north west, has been made public for consultation ahead of a
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Lendlease, Morgan Stanley seed fund with $430m portfolio
Lendlease and Morgan Stanley Real Estate Investing have acquired five warehouses and three blocks of industrial land which, when developed,
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Westbridge bolsters Brisbane industrial portfolio
A week after paying Centuria $16.1 million for a Wacol warehouse, Westbridge Funds Management has picked up a smaller one
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Charter Hall bids for ALE Property Group
Charter Hall – for its Long WALE REIT (CLW) and a trust managed for Hostplus – has entered a Scheme
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Charter Hall spends $66.9m on warehouses
Charter Hall has added two east coast industrial investments to the Long WALE REIT (CLW). In the biggest deal, the
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Ex-Aesop HQ earmarked for apartments
Urban is proposing to replace Fitzroy’s recently vacated Aesop headquarters with an eight storey apartment building topped with a 148
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Gateway invests in Brisbane, Melbourne
Gateway Capital has picked up two more east coast infill industrial assets. The properties will be held in the Gateway
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Developer swoops on Verona Cinema
The Verona Cinema, in Paddington, is speculated to be selling for $35 million – some 15 per cent over expectation.
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Goodman spends $140m at Clyde
Toplace, directed by local developer Jean Nassif, has sold a Clyde industrial holding to the Goodman Australia Industrial Partnership for
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Little Projects picks up Richmond site
Neighbouring properties on Brighton Street, Richmond, accrued by late rag trader Geoff Bade, are selling to Little Projects for a
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Billy Brownless adds another pub to portfolio
Former footballer Billy Brownless has added another Geelong pub to his hotel portfolio. The leasehold of the Commun na Feinne,
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Chemist Warehouse execs buy ex-bank to occupy
A former bank beside Richmond Town Hall has been purchased by interests associated with Chemist Warehouse, with plans to occupy.
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Demons sell Bentleigh pub to developer
As part of plans to exit the gambling industry by next August, Melbourne Football Club has sold a Bentleigh pub
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Clarence snaps up northern NSW sites
Clarence Property has snapped up two low density residential sites between Byron Bay and the Gold Coast. At Bilambil Heights,
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Hunters Hill childcare centre sells in a day
A Hunters Hill childcare has sold for a speculated $11 million the day after the agency sent the listing to
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Ingenia buys Carrum Downs, Sunshine Coast sites
Ingenia Communities is paying $10 million for a Carrum Downs seniors housing investment. Protea Village, on 6279 square metres at
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Nu-Pure expands into Centennial estate
Spring water bottler and distributor Nu-Pure has pre-committed to a warehouse at Truganina’s Boundary Industrial Park. The 16,017 square metre
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