Owners inject $30m to rest Metricon viability speculation
For the second time in as many weeks, Metricon is hosing down speculation the suicide of its co-founder Mario Biasin
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News
Rob Sinclair beats developers to Abbotsford amalgamation
E&S Trading co-owner Rob Sinclair snapped up neighbouring Abbotsford properties on Wednesday for $6.9 million. In the biggest deal, the
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Brighton shops sold as part of agent estate
A portfolio of Bay Street, Brighton, shops accrued by late local real estate agent Tom Chapman, sold this week for
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Longriver offloads vertical retail site
Longriver Group has sold the city’s Wilder House after winning approval to replace the 280 square metre block with a
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David Marriner sells Hook Island Lodge
Glenn Piper has snapped up the leasehold to the cyclone-damaged Hook Island Lodge from a company part owned by Melbourne
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HThree investing again on Collins Street: sources
Eight months after making its maiden Australian investment – a mid-rise office on Melbourne’s Collins Street – HThree City is
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Elanor lines up c$530m Perth mall
Elanor Investors Group (ENN) is in advanced negotiations for north east Perth’s Midland Gate. The speculated $530 million deal with
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Church makes tactical $55m Central Coast warehouse play
The Seventh-Day Adventist Church has outlaid $55 million for a 6.5 hectare Central Coast industrial asset behind the manufacturing plant
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Boeing leases a third of Brisbane office
Boeing has pre-committed to a Brisbane office being renovated by Dexus. The aviation group has signed up for 12,000 square
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Gurner rents Sydney office from Roxy Jacenko
Following the purchase of sites at Alexandria and Parramatta, Tim Gurner (pictured, top) will open a Sydney base for his
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VCAT approves $500m Northcote Plaza development
The Victorian Civil and Administrative Tribunal has given Time & Place the green light to replace part of the Northcote
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Cromwell sells Brisbane HQ to Melbourne fund manager
Cromwell has sold a modernised Brisbane office for $108.5 million – an 8.1 per cent premium after adjustments to its
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Metals giant outlays $88m in Pinkenba
Sentinel Property Group has banked $88 million – a significant capital gain on the $48.5m it outlaid in October, 2017
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Merivale spends c$200m on adjoining Sydney buildings
Justin Hemmes’ Merivale is picking up four adjoining historic Sydney CBD buildings from Kirk Tsihlis’ TrueGreen Group, which spent two
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Ryman scoops inner-north block for $350m mixed-use village
Ryman Healthcare will develop its biggest Australian project yet on an inner north Melbourne site (shaded red, top) purchased for
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Amber snares Abbotsford, Geelong hotel sites
Amber Property Group, a hotel developer backed by former Holden dealer Geoff Brady, has snared two more Victorian sites for
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Carsales founders bank $60.25m from office
A syndicate including carsales.com.au founders Greg Roebuck and Wal Pisciotta has sold a Mount Waverley office to the $6.7 billion
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Dustin Martin, Ralph Carr buy, lease in Richmond
AFL footballer Dustin Martin and his manager, Ralph Carr, have added a sixth adjoining Butler Street, Richmond, property to their
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Endeavour snaps up Darwin beach pub
The recently listed Endeavour Group has snapped up Darwin’s Beachfront Hotel. On 7000 square metres at 342 Casuarina Drive, Rapid
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Metricon slams collapse rumours, asserts growth
Speculative media reports linking the suicide of Metricon co-founder Mario Biasin to a potential company collapse have forced acting managing
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Row of Williamstown banks collects c$13m
A row of three Williamstown banks has sold for a speculated c$13 million, which would reflect a 3.5 per cent
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Natgen seeds fund with Inverell mall
Brisbane based fund manager National & General Group, or Natgen, will seed its first interstate trust with a regional New
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Hines picks up third Australian BTR block
Hines has acquired its priciest Australian Build to Rent site yet, at South Melbourne. The 3366 square metre parcel covering
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Little Collins Street Deco fetches $8.45m
Lawyer Peter Vodicka has sold a small Little Collins Street investment held for 26 years. An as yet undisclosed private
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Barwon secures Princess Alexandra Hospital car park
Barwon Investment Partners, as manager for the Healthcare Property fund, has snapped up a multi-level car park and medical centre
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Hawks, Feldman bank record $85m for hotel
Bill and Mario Gravanis are paying $85 million for Caroline Springs’ WestWaters Hotel & Entertainment Complex. The lakeside asset is
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Stockland buys into Curlewis
Stockland has invested again around Geelong, picking up a Curlewis farm with plans for a Land Lease Community and traditional
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Royal Freemasons sell Armstrong Creek site
Royal Freemasons Homes of Victoria has sold a prominent Armstrong Creek site held for five years. At 45-67 Central Boulevard,
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Goodman secures another Alexandria site
Goodman Group has purchased another Alexandria bulky goods complex from Greg Karedis and Peter Cortis-Jones’ Arkadia. The 3.438 hectare Alexandria
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Vale Metricon co-founder Mario Biasin
Mario Biasin, who co-founded Metricon Homes in 1976, died this morning, aged 71. He was understood to have been suffering
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