Goodman doubles size of business park with $200m deal
Goodman has added a specialised industrial investment to its book following a tactical off-market deal with Qube. The 11.17 hectare
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News
German manufacturer spends $17m for Melbourne base
EXCLUSIVE The Australian arm of Germany based packaging manufacturer Multivac has outlaid $17.25 million for a major office/warehouse near its
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Australia Post banks premium for ex-branch
Australia Post has sold the former Glenroy Post Office, in Melbourne’s north. The $3.3 million achieved at auction for 9-11
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Developer outlays $21m for waterfront apartment block
An under-utilised apartment block overlooking the Swan River, in South Perth, has traded for $21 million. A more luxurious residential
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Lowy family returns to retail sector with major Melbourne mall
The Lowy family is making a return to the retail sector after nearly a decade – via Melton’s biggest mall.
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Spotlight buys homemaker centre from landlord
EXCLUSIVE Spotlight Property Group has picked up a prominent large format retail investment its parent part-leases for an Anaconda store.
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Saracen sells permit-ready Bunnings site
Saracen Properties has sold a major West Perth site permit-ready for a Bunnings based mixed-use project. The 1.01 hectare amalgamation,
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Dexus fund sheds Brisbane office
Dexus is selling an asset on behalf of the Wholesale Australia Property Fund (DWAPF), control of which it seized from
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Inner city Bunnings sells again
One of Brunswick’s biggest commercial investments, spreading just over an acre with three street frontages – 31 metres to busy
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Interstate self-storage group secures Melbourne site
Adelaide based Storage Investments Australia has paid $5.9 million for a growth corridor Melbourne block. The builder, manager and operator
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Interstate investor buys, fills enormous Victorian ex-Spotlight
EXCLUSIVE Properties & Pathways has quietly bought a regional Victorian ex-Spotlight after securing another major retailer to lease it. The
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Bunnings banks $22.5m for near new store
Bunnings Group has quietly sold a near new outlet with a 10 year leaseback. The $22.5 million deal for 140
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Eureka picks up NSW all-age rental village
ASX-listed Eureka Group Holdings has used the proceeds of a capital raising five months ago to secure its second all-age
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Citify buys historic pub with $200m redevelopment plan
A year after negotiations began, Citify has purchased the c1846 Buckingham Arms Hotel, in Adelaide’s inner north east. The 6219
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Vacant west Sydney office/warehouse collects $13.1m
Another prominent Revesby commercial real estate asset is changing hands. The vacant two level office/warehouse on 4256 square metres at
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AsheMorgan, Dexus trade balance of CBD office
AsheMorgan has bought the half of a Sydney CBD office it didn’t control for far less than it purchased the
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Singaporean investor swoops on inner-city site
Singaporean investment house Yi Capital has swooped on a high density apartment site at Kensington, near the University of New
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Harvey Norman chooses Birmingham for UK HQ, store
Harvey Norman is continuing a United Kingdom expansion via Birmingham. The ASX listed retailer this week announced the Gracechurch Shopping
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Developer sells new KFC, car wash
POD Developments has sold an 18 month old convenience retail investment in Brisbane’s south west Richlands. Richlands Marketplace, spreading 1.58 hectares
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New fund manager drops $20m for Melbourne showrooms
Year old asset manager Kinglake Group has made its biggest play yet – picking up a bulky goods investment in
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Amora digs deep for Adelaide Hilton
Amora Hotels & Resorts has snapped up the Adelaide Hilton, which was listed late last year for the first time
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Super Retail Group HQ fetches $56m for Centuria
Centuria has sold a prominent Moreton Bay office developed six years ago for Super Retail Group, which still occupies. The
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Blackstone scoops up another Brisbane business park
Blackstone has added another older business park to its book – choosing Brisbane again. The Arcadia Industrial Estate at Coopers Plains
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Goodman divests ex-Mosaic Brands HQ
Goodman has sold a sprawling Rosebery office – until recently the headquarters for failed fashion retailer, Mosaic Brands. The five
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ASX group sheds mall, pubs via company stake
Fortitudo Group has snapped up five east coast assets from ASX-listed Eumindi Group (EGB) – outlaying $77 million, doubling the
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Jon Adgemis receiver sells historic guesthouse for modest profit
Millbrook Group, as mortgagee in possession, has sold Darlinghurst’s historic Manor House. The unrenovated two level inn with 19 suites
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Arrow splits, sells Brisbane industrial asset
Arrow Capital Partners has ended in the black selling a Brisbane industrial asset held three years. After paying $32.12 million
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Lendlease eyes Sydney office for apartments
Lendlease is believed to be back in negotiations for a prominent CBD office permit-ready for a two-tower residential project. The
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ICD sells slice of $400m Market Square
ICD Property has quietly agreed to sell a piece of its $400 million Market Square project – replacing the Adelaide
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Developers trade ex-Balmain Leagues Club
The dilapidated former Balmain Leagues Club at Rozelle has traded between Asia backed local developers. Following an off-market deal, the
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