Andrew Forrest earmarks hotel for Indiana teahouse site
A four storey hotel would be developed behind a renovated Indiana teahouse under plans by Andrew and Nicola Forrest’s property
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News
AMP secures ATO to George Street
The Australian Taxation Office has signed a 10 year lease for a third of 255 George Street, which is undergoing
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Gandel family buy Armadale antique store
Tony Gandel – the son of billionaire shopping centre investor John – with his wife, Helen, are paying $6.15 million
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Shaw Fabrics pre-commits to Frasers industrial estate
Frasers Property Industrial has pre-committed a second group, Shaw Fabrics, to Tarneit’s Canvas West business park. The blinds and fabric
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CBD Europcar outlet trades
A strata retail investment forming the ground and basement level of the Franklin Lofts apartment building has sold for a
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Hewitts sell Toorak pad
Lleyton and Bec Hewitt have offloaded their Toorak home after four weeks on the market. The five year old dwelling,
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Officeworks chooses Chadstone for HQ
Wesfarmers owned Officeworks will relocate its headquarters from a collection of Bentleigh East offices – to Chadstone shopping centre. The
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Surry Hills office sells for auction record price
A warehouse converted Surry Hills office has traded for $24 million – a suburb record for a commercial property auction.
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Tarneit apartment site fetches c$13m
A central Tarneit site – opposite a proposed town centre – is trading for a speculated $13 million. Half of
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Investors outlay $13.65m on Langridge Street
A trio of small properties on Langridge Street, Collingwood, have traded for a total of $13.65 million. Closest to the
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Derrimut, Kilsyth warehouses earn $32.35m from private buyers
Local private investors have splashed out over $30 million on mid-size industrial assets each side of the city. In Kilsyth,
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Blackstone snaps up Grosvenor Place half stake
Blackstone has snapped up a half stake in Sydney’s Harry Seidler designed Grosvenor Place. The deal – worth $925 million
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SCA, GIC form $750m retail fund
SCA Property Group (SCP) has established a convenience retail joint venture with GIC. The unlisted vehicle, SCA Metro Convenience Shopping
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QIC offloading Gold Coast mall
IP Generation is speculated to be paying c$200 million for a half stake in both Westfield Helensvale and the neighbouring
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Mirvac picks up outer Sydney housing site
Having recently completed the Crest community at Gledswood Hills, Mirvac has snapped up a low density housing estate site at
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School buys Ascot Vale corner
A prominent Ascot Vale building last occupied by Autobahn and before that, Academic & General Bookstore, has sold for a
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Ampol servos collect $73.5m
Charter Hall has snapped up a 49 per cent stake in another portfolio of Ampol service stations. The 20 assets
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Keppel purchases North Sydney office
Third.i.Group and Phoenix Property Investors have sold an unbuilt North Sydney office to Lendlease, which has flipped it as a
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ESR splashes out on huge Coolaroo site
ESR Australia is paying a speculated price of over $45 million for a Coolaroo industrial investment with immediate development upside.
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Qualitas seeks to float
Qualitas, founded in 2008 by Andrew Schwartz and owned in equal part with backer Trawalla Group, directed by Alan and
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Vicinity secures Box Hill office pre-commitment
Vicinity Centres has pre-committed Hub Australia to a 25 level central Box Hill office. The co-working giant will take 4100
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Pearl swoops on Gold Coast servo, mechanic
Pearl Energy is outlaying $8.75 million on an Ashmore convenience asset. At 519 Olsen Avenue, on the north east corner
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Hawthorn home to Big4 fetches $15m
The Hawthorn office home to Big4 Holiday Parks has sold between local investors. The price for 313-317 Burwood Road –
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Westbridge seeds fund with Broadmeadows warehouse
Holman Industries has sold a major Broadmeadows warehouse with a leaseback. The $15.36 million deal for 125 and 145 Northcorp
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Brix, Costa AM acquire prominent Bayswater warehouse
A partnership comprising Brix Property Group and Costa Asset Management has purchased another infill industrial investment – this time at
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Montalto family snap up strategic block
Floridia Cheese owner the Montalto family has snapped up a Green Wedge zoned block near parcels affected by the Shenstone
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Aliro fills more of ex-Toyota sales HQ
Aliro has secured Australia Post to 12,750 square metres of Toyota’s former Woolooware Bay sales and marketing office, and warehouse,
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Rural Funds buys Queensland cattle stations
Rural Funds Management is paying $68.8 million – some 20 per cent over expectation – for an aggregation of Queensland
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Lifestyle sells Nambucca tourist park, over 55s community
Lifestyle Villages has sold the Nambucca River Tourist Park and adjoining Nambucca Heads Village, at North Macksville, for over $15
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Justin Hemmes buying into another Lorne hotel: sources
Speculation is rife that Justin Hemmes’ Merivale is picking up the leasehold of Lorne’s Grand Pacific Hotel and Apartments. The
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