RANZCOG pays $19.6m for Lindsay Fox’s former South Melbourne HQ

Private investor and developer Brendan Sullivan has flipped an inner south Melbourne office nine months after agreeing to buy it. The Royal Australian and New Zealand College of Obstetricians and Gyneacologists is spending $19.6 million on 1 Bowen Crescent, to occupy. Mr Sullivan bought the renovated investment for $17.5m. That vendor, IT entrepreneur and philanthropist

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Ford pre-commits to 8.8ha Mickleham distribution centre; landlords sell it to Dexus for $73.5m

EXCLUSIVE Ford Australia has pre-committed to an 8.8 hectare distribution centre at the Merrifield Business Park, in Melbourne’s north Mickleham. In a twist, the landlords immediately sold the asset to Dexus Australian Logistics Trust for $73.5 million. The car retailer will consolidate several spare parts operations out of Campbellfield, which is about 15 kilometres closer

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