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News

News Queensland Retail 

Sunshine Coast LFR asset sells off-market

June 20, 2025June 20, 2025 Marc Pallisco

Melbourne’s Dimmick family has nearly doubled its outlay on a Sunshine Coast large format retail investment held 15 years. The

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News Office Retail Victoria 

Asian investors trade CBD building

June 20, 2025June 20, 2025 Marc Pallisco

A small but prominent CBD property, on the corner of King Street and Flinders Lane, has traded between Asia based

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News Retail Western Australia 

Commonwealth Bank sells eight ex-branches

June 20, 2025June 20, 2025 Marc Pallisco

The Commonwealth Bank of Australia has sold eight ex-Bankwest branches – reaping a total $6.195 million. Two of the assets

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News Queensland Retail 

Arcana quietly sells Redland Bay mall

June 20, 2025June 20, 2025 Marc Pallisco

Arcana Capital has sold a small but dominant Redland Bay shopping centre after eight years. The asset manager, led by

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News Retail Western Australia 

IKEA buys store from landlord

June 20, 2025June 20, 2025 Marc Pallisco

Swedish retailer IKEA has bought its fastest growing Australian store from the landlord. The off-market $163.75 million deal for the

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News Office Residential Victoria 

Developer swoops on ex-Victoria Police building

June 19, 2025June 20, 2025 Marc Pallisco

Centurion has swooped on an under-utilised Melbourne CBD office – the 1960s ex-Victorian Police Association headquarters – with plans for

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News Residential Victoria 

Apartment developer buys prominent Melbourne factory

June 19, 2025June 20, 2025 Marc Pallisco

It is the end of a 104 year era in Melbourne industrial circles, with Cedar Woods snapping up the spectacularly

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New South Wales News 

Car park station collects $40.5m

June 19, 2025June 19, 2025 Marc Pallisco

Andrew Richardson has sold a nine level Sydney CBD car park station on his second attempt. The developer behind Sheraton

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News Retail Victoria 

Neighbouring city shops fetch $9.1m

June 19, 2025June 19, 2025 Marc Pallisco

Neighbouring shops at the top of town sold this month for a combined $9.1 million. The deal for 423-425 Elizabeth

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News Office South Australia 

Church buys city fringe office to occupy

June 19, 2025June 19, 2025 Marc Pallisco

The Catholic Archdiocese of South Australia has snapped up a prominent inner south Adeliade office for Catholic Education South Australia.

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Industrial News Victoria 

Jenera pre-commits to Melbourne business park

June 19, 2025June 19, 2025 Marc Pallisco

Terre Property Partners has pre-committed major machine and fabricated component manufacturer Jenera to just over half its Kilsyth Connect Business

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New South Wales News Residential 

Government sells Sydney site

June 19, 2025June 19, 2025 Marc Pallisco

Transport for NSW has sold a development site in Sydney’s south. The state government will bank $1.9 million following an

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News Retail Western Australia 

Yanchep essential services investment trades on 6.8pc yield

June 19, 2025June 19, 2025 Marc Pallisco

A gym and childcare centre investment, part of a master-planned community at Yanchep, 50 kilometres north of Perth, sold for

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Industrial News South Australia 

Floor giant buys warehouse which was for lease

June 17, 2025June 17, 2025 Marc Pallisco

Carpet Call has bought a prominent north Adelaide warehouse recently being marketed for lease in pieces as the Inner North

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A.C.T. News Office 

Canberra office sold off-market

June 17, 2025June 17, 2025 Marc Pallisco

A modern Canberra office carrying a 68 per cent vacancy rate has sold off-market. The six storey, 5467 square metre

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News Office Residential Victoria 

Salta boosts development pipeline $900m

June 16, 2025June 20, 2025 Marc Pallisco

Salta has boosted its Melbourne development pipeline to the tune of $900 million, this month winning approval to build three

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News Office Victoria 

Hong Kong giant buying another high profile Melbourne office

June 16, 2025June 17, 2025 Marc Pallisco

Dexus is believed to be shedding another modern office. The speculated $260 million deal for Melbourne’s Flinders Gate, developed five

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Industrial News Queensland 

JV sells first project to buy second

June 16, 2025June 16, 2025 Marc Pallisco

Centennial and MaxCap Group are using part of the sale proceeds of an east Brisbane business park – their first

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News Retail Victoria 

IP Generation locks Tesla, gym to Brand Smart

June 16, 2025June 16, 2025 Marc Pallisco

IP Generation, in the process of being bought by MA Financial, refit and relet of a 2500 square metre piece

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Industrial News Victoria 

New Hoppers Crossing warehouse trades off-market

June 16, 2025June 16, 2025 Marc Pallisco

An investor has quietly purchased an office/warehouse built in place of seven small industrial units, in Melbourne’s Hoppers Crossing. The

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News Office Queensland 

Asset managers trade modern suburban office

June 13, 2025June 13, 2025 Marc Pallisco

EXCLUSIVE Trilogy Funds has taken a hit selling a modern suburban Brisbane office held eight years. The three level A-grade building

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Industrial News Victoria 

Family sells business’ Northcote HQ to industrial developer

June 13, 2025June 13, 2025 Marc Pallisco

A relatively large inner-city industrial property, held since 1988 by the Rutledge family for its Rutledge Engineering business, has sold

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News Office Queensland 

Tenant pays landlord $7.3m for HQ

June 13, 2025June 16, 2025 Marc Pallisco

A sprawling two level office at 931 Kingsford Smith Drive, Eagle Farm, has traded for $7.225 million. Tangalooma Island Resort

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Industrial News Victoria 

Green light for $2b data centre, AI factory

June 13, 2025June 13, 2025 Marc Pallisco

NextDC has won permission to replace Port Melbourne’s Westgate Park print plant – which for decades until recently produced the

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News Office Victoria 

Barristers’ Chambers sells CBD office

June 13, 2025June 16, 2025 Marc Pallisco

Barristers’ Chambers Limited has sold Douglas Menzies Chambers ahead of a move to 200 Queen Street. The Victorian Bar subsidiary

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Hotels New South Wales News 

New England Pub Company snares outback hotel

June 13, 2025June 13, 2025 Marc Pallisco

Ben Ryan and Mark Neilson’s New England Pub Company has snapped up The Empire Hotel at Cobar, between Dubbo and

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News Retail Victoria 

QSR investment collects $11.8m

June 13, 2025June 13, 2025 Marc Pallisco

Jasbe has sold a recently constructed quick service retail investment with two small warehouses, in Melbourne’s south east. The group

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News Office Tasmania 

Hobart council buys office

June 13, 2025June 13, 2025 Marc Pallisco

Clarence City Council is paying $23.5 million for a Rosny Park office leased to the state government. The deal for

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Essential services News Retail Western Australia 

Syndicates swoop on WA medical centre, QSR investment

June 13, 2025June 13, 2025 Marc Pallisco

Barwon Property Funds has sold the Vasse Medical Centre, near Busselton (pictured, top). Local syndicate Optimus Private Equity is the

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News Queensland Retail 

The Hour Glass sells Brisbane building

June 12, 2025June 12, 2025 Marc Pallisco

Luxury retail giant The Hour Glass has sold one of its Brisbane CBD properties. The two level, 500 square metre

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News Residential Victoria 

Developers move on two sites created by level crossing removal

June 12, 2025June 12, 2025 Marc Pallisco

Two thin rectangle sites recently created from level crossing removals in Melbourne’s south east are set to be developed. In

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Land News Retail Victoria 

Monteleone family sell another piece of Donnybrook

June 11, 2025June 11, 2025 Marc Pallisco

The Monteleone family – founder of Donnybrook Farmhouse Cheesery – is realising an impressive capital gain shedding a block bought

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Industrial News Queensland 

Near new Gold Coast warehouses fetch $49m

June 11, 2025June 11, 2025 Marc Pallisco

A three year old industrial investment with two warehouses, halfway between Surfers Paradise and Brisbane’s CBD but classified Gold Coast,

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National News Residential 

Average Australian house pips $1m for the first time

June 10, 2025June 10, 2025 Marc Pallisco

Australia’s mean house price – not to be confused with the less statistically reliable median used in most real estate

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News Retail Victoria 

Albert Dadon sells another piece of Art on the Park

June 10, 2025June 12, 2025 Marc Pallisco

Ubertas Group, owned by businessman and professional musician Albert Dadon, also the ex son-in-law of the late Marc and Eva

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New South Wales News Residential 

Blackstone finally moves One Barangaroo penthouse

June 10, 2025June 10, 2025 Marc Pallisco

Blackstone is understood to be selling the One Barangaroo Crown Residences penthouse inherited with its $8.9 billion buy-out of Crown

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News Retail Victoria 

Designer picks up Melbourne bank turned showroom

June 10, 2025June 10, 2025 Marc Pallisco

Richard Munao, director of boutique furniture and light designer, Cult, has snapped up a prime Melbourne city fringe investment. The

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National News 

CBRE eats up Burgess Rawson

June 10, 2025June 10, 2025 Marc Pallisco

CBRE is buying smaller Melbourne-based, national commercial real estate agency rival Burgess Rawson. The deal, speculated late last year to

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News Residential Victoria 

Dean Montgomery offers historic homestead after major renovation

June 10, 2025June 10, 2025 Marc Pallisco

Developer and property investor Dean Montgomery has listed the historic St Albans Stud after 15 years and a major renovation.

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Industrial News Victoria 

Door giant to consolidate in Melbourne

June 10, 2025June 13, 2025 Marc Pallisco

Dormakaba Australia will consolidate three business units – Ezi Roll Doors Australia, Danmar Garage Doors and Gilderol Garage Doors –

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Hotels New South Wales News 

Historic Flour Mill Hotel sold

June 10, 2025June 11, 2025 Marc Pallisco

A local operator has bought Wagga Wagga’s c1890 Flour Mill Hotel with plans for a major revamp. The sale of

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Hotels News Victoria 

First Australian Hyatt House taking bookings

June 10, 2025June 10, 2025 Marc Pallisco

Thirteen years after Chicago based Hyatt Hotels Corporation launched the Hyatt House brand – it is set to open in

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Industrial News South Australia 

NZ syndicator flips Port Adelaide warehouse

June 10, 2025June 10, 2025 Marc Pallisco

Auckland based asset manager Silverfin Capital has sold an industrial investment purchased from Quintessential four and a half years ago.

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Hotels News Queensland 

Downie family sell outback pub

June 10, 2025June 10, 2025 Marc Pallisco

The Downie family has sold the freehold to Hughenden’s Royal Hotel. The 6222 square metre holding, 19-23A Moran Stret, was

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Essential services News Victoria Western Australia 

Childcare centre portfolio fetches $38.5m

June 10, 2025June 10, 2025 Marc Pallisco

A Middle East investor purchased the priciest childcare centre in a portfolio sold from February to mid-March. The 120-place complex

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Essential services News Retail Victoria 

Costco sells ex-Docklands store

June 6, 2025June 6, 2025 Marc Pallisco

Costco has sold its Docklands store after upsizing to a larger one west of town. The surprise off-market deal with

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Industrial News Office Residential Victoria 

Local developer secures another Barwon River site

June 6, 2025June 6, 2025 Marc Pallisco

Local developer Cam Hamilton has picked up another historic factory on the banks of the Barwon River in Newtown. The

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News Office South Australia 

Centennial snares Adelaide office for discount

June 5, 2025June 5, 2025 Marc Pallisco

Centennial has snapped up an Adelaide CBD office from the Raptis family. The $50.5 million deal for 63 Pirie Street

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Industrial News South Australia 

Goodyear assigns Adelaide warehouse lease

June 5, 2025June 6, 2025 Marc Pallisco

Goodyear Tire & Rubber Co has found a tenant to take over the lease of a logistics facility in Adelaide’s

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Land News Residential Victoria 

Footballer turned developer drops $250m for kale farm

June 4, 2025June 6, 2025 Marc Pallisco

Footballer turned developer Fraser Brown has snapped up a major farm quickly being encroached upon by housing estates, in Melbourne’s

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News Office Victoria 

Fraser Brown lists swank new office

June 4, 2025June 6, 2025 Marc Pallisco

Former Carlton footballer Fraser Brown, now the second generation leader of family business, Brown Property Group, has listed for sale

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News Queensland Residential 

Metrics secures another apartment site

June 4, 2025June 6, 2025 Marc Pallisco

Metrics Credit Partners has bought another high density residential site, this time partnering with Odus. The pair are paying Melbourne

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News Retail Victoria 

Interstate asset managers trade Victorian homemaker centre

June 4, 2025June 6, 2025 Marc Pallisco

Acure Asset Management has sold a regional Victorian large format retail investment after seven and a half years. Shepparton Home

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Industrial News Western Australia 

US promoting giant secures site for arena

June 4, 2025June 5, 2025 Marc Pallisco

Live Nation has purchased a tired cold storage facility to repurpose as an arena. The Northbridge Music Hall, as it

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News Queensland Residential 

ASX-listed giant buys tourist park for growing sector

June 3, 2025June 3, 2025 Marc Pallisco

The country’s largest provider of affordable seniors housing is continuing to push into the all-age rental community sector, with a

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Hotels News Western Australia 

ZACD quits strata hotel in the black

June 3, 2025June 3, 2025 Marc Pallisco

Hong Kong listed, Singapore based investment manager, ZACD, has sold a strata titled West Perth hotel after eight years. The

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Essential services National News 

Boom year for Australian childcare centre sales

June 3, 2025June 3, 2025 Marc Pallisco

The number of childcare centre sales is up – with deals worth $205 million clocked this year. The rise in

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Industrial News Office South Australia 

Packaging giant to consolidate at Regency Park

June 3, 2025June 3, 2025 Marc Pallisco

Detmold Group will consolidate 240 staff from eight Adelaide locations to an uber-green headquarters set to be constructed from this

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News Residential Victoria 

Jack Merlo sells unrenovated Toorak pile

June 2, 2025June 2, 2025 Marc Pallisco

Jack Merlo has sold another Toorak pile, this one unexpectedly. The $14.9 million result for 11 Robertson Street is a

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New South Wales News Residential 

Not for profit sells outgoing aged care home

June 2, 2025June 2, 2025 Marc Pallisco

Brisbane Water Legacy, more recently known as Central Coast NSW Legacy, has sold a c1964 retirement village at Gosford. The

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Essential services News Residential Victoria 

Lutheran Homes buy first assets outside SA

June 2, 2025June 2, 2025 Marc Pallisco

The Lutheran Church of Australia’s Victorian division has sold two retirement living community and aged care homes to Adelaide based

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Industrial New South Wales News 

RF Corval buys Cordina poultry investments with leasebacks

June 2, 2025June 3, 2025 Marc Pallisco

RF Corval has bought two New South Wales industrial investments from Cordina Group with leasebacks. At Girraween, the asset manager

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New South Wales News Residential 

AirTrunk founder buys luxury apartment site

June 2, 2025June 2, 2025 Marc Pallisco

AirTrunk founder Robin Khuda, who last year banked $670 million following the $24 billion sale of the data centre business

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National News 

Ponzi scheme feared as auditor appointed for Melbourne asset manager

June 2, 2025June 4, 2025 Marc Pallisco

A Supreme Court ordered forensic auditor will investigate a Melbourne based asset manager spruiking a return on luxury apartment developments,

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Essential services News Victoria 

Childcare to replace Glenroy’s historic Glenlyn

June 2, 2025June 2, 2025 Marc Pallisco

A childcare centre operator has leased a c1888 historic Glenroy home, part of James Chapman’s Forest Hills Estate. Mindchamps will

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New South Wales News Retail 

Mosman’s Sheridan building sells

June 2, 2025June 2, 2025 Marc Pallisco

Investors have traded a historic, two storey fully leased Mosman asset. The $11.5 million result for 623-625 Military Road, at

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News Queensland Residential 

Developers swap high profile north Brisbane ex-church

June 2, 2025June 2, 2025 Marc Pallisco

A Brisbane site until COVID owned by New Covenant Pentecostal Church has traded between local developers – but seeking different

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Hotels New South Wales News 

Waugh, Raffens trade back NSW hotel

May 29, 2025June 1, 2025 Marc Pallisco

Following an unusual but not unheard of deal, a consortium led by Ashton Waugh has sold a regional New South

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News Queensland Retail Western Australia 

AsheMorgan lines up Brisbane, Perth shopping centres

May 29, 2025May 29, 2025 Marc Pallisco

AsheMorgan is understood to be in advanced negotiations for two major shopping centres each side of the country. In the

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Hotels News South Australia 

Oscars Group buys three Adelaide hotels

May 29, 2025May 30, 2025 Marc Pallisco

Oscars Group, led by brother Bill and Mario Grasvanis, has made an impressive entrance to South Australia – snaring three

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Essential services Land News Residential Victoria 

Country council readies to sell eight sites

May 29, 2025May 29, 2025 Marc Pallisco

The City of Greater Bendigo is readying to sell eight sites deemed surplus to needs. The portfolio includes former tennis

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Land News Residential Victoria 

Developer swoops on Melton farm

May 29, 2025May 29, 2025 Marc Pallisco

An established developer has snapped up a low density housing estate site at Deanside, one of 11 suburbs created by

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Land News Victoria 

Liberman family, TW Projects buy regional housing estate site

May 29, 2025May 29, 2025 Marc Pallisco

TW Projects backed by Monark Property Partners has snapped up a major housing estate site not far outside Melbourne’s urban

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Industrial News Tasmania 

Interstate syndicate buys Tassie truck dealership, workshop

May 29, 2025May 29, 2025 Marc Pallisco

An interstate syndicate has snapped up a north Hobart truck dealership and service centre. The Tas Hino yard at 1/94

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News Retail Victoria 

Investor swoops on Seddon’s “best retail asset”

May 29, 2025May 29, 2025 Marc Pallisco

A particularly securely leased strip retail investment in Melbourne’s inner-west has sold for $6.25 million. The deal for the Happy

Read more
Hotels New South Wales News 

Glenn Piper boosts pub portfolio

May 29, 2025May 29, 2025 Marc Pallisco

Glenn Piper has added another regional New South Wales pub to his book. The Bermagui Beach Hotel and neighbouring Beachview

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Essential services New South Wales News Queensland Tasmania Victoria 

Investors drop $35m on childcare centres

May 29, 2025May 29, 2025 Marc Pallisco

Investors have spent close to $35 million on childcare centre investments in recent weeks. In the biggest deal, a 110

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Industrial Land News Queensland Residential 

Mackay assets fetch $51.5m

May 29, 2025May 29, 2025 Marc Pallisco

Two major Mackay properties – one residential, the other industrial – traded for a total $51.5 million this month. In

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National News Office Spotlight 

How a ‘great withdrawal’ will help drive Australia’s office market recovery: CBRE

May 29, 2025May 29, 2025 CBRE

Swathes of office space are set to be removed from CBDs across the country in the next five years in

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Hotels New South Wales News 

Byron Bay’s Beach Hotel changes hands again

May 28, 2025May 29, 2025 Marc Pallisco

MA Financial has quietly sold Byron Bay’s Beach Hotel to a minority shareholder of the entity which has owned it

Read more
  • ← Previous

Recent Posts

  • Sunshine Coast LFR asset sells off-market June 20, 2025
  • Asian investors trade CBD building June 20, 2025
  • Commonwealth Bank sells eight ex-branches June 20, 2025
  • Arcana quietly sells Redland Bay mall June 20, 2025
  • IKEA buys store from landlord June 20, 2025
  • Developer swoops on ex-Victoria Police building June 19, 2025
  • Apartment developer buys prominent Melbourne factory June 19, 2025
  • Car park station collects $40.5m June 19, 2025
  • Neighbouring city shops fetch $9.1m June 19, 2025
  • Church buys city fringe office to occupy June 19, 2025
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