Brisbane storage giant doubles down in Melbourne’s leafy east
National Storage has bought a block neighbouring a major near-new facility in Melbourne’s leafy east. The Brisbane based buyer snared
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Greystar makes biggest Asia Pacific investment
Singapore sovereign wealth fund GIC with SGX listed Wee Hur Holdings have banked $1.6 billion from seven Australian purpose-built student
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Fund manager sheds small Sunshine Coast mall
Westbridge Funds Management has quietly sold a Sunshine Coast IGA-backed retail investment after nine years. On behalf of the Diversified
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Row of Sydney shops fetch $30m
A row of shops in north west Sydney has sold for $29.8 million – a blended 2.09 per cent yield.
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Ex-Southern Cross Care HQ sells again
The parkside former headquarters of not for profit Southern Cross Care has sold for the second time in four years.
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NSW, Vic governments sells development sites
The New South Wales government has sold five adjoining lots just off the Great Western Highway at Stanmore. The 1080
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Morry Schwartz lists Collingwood pub with apartment permit
Morry Schwartz is selling a prominent Collingwood pub after failing to win approval to replace the airspace with an eight
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Hometown secures two more land lease communities
Hometown Australia – the local arm of US-based all age communities operator, Hometown America – has snapped up two more
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South African billionaire, US operator bid for $2b storage business
South African billionaire Nathan Kirsch with US-listed Public Storage are seeking to buy out Abacus Storage King. The non-binding proposal
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Amart founder sells Sunshine Coast estate for record price
Billionaire businessman John Van Lieshout and his wife Linda have sold a sprawling Sunshine Coast hinterland estate for over $12
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Mormon church, Canada super fund buy farms
An investment arm of Utah based Church of Jesus Christ of Latter-day Saints, commonly known as the LDS Church or
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Ex-NRL player leases sprawling Melbourne property for new venture
A new luxury car dealership launched earlier this year by Maas Group founder Wes Maas, an ex South Sydney player,
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Mantzis Group swoops on historic Melbourne office
Dexus has sold a heritage Collins Street office, acquired through its acquisition of AMP Capital’s real estate and domestic infrastructure
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ESR offloading another business park
Hong Kong listed JD.com Inc is buying an 18 month old fully let business park in Brisbane’s south west. The 18.2
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Laundy led consortium sheds permit-ready pub site
Laundy Hotels with the Cottle and Wearn families have shed an outer south west Sydney site permit-ready for a large
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Redcape snaps up Maeva pub portfolio, 128 EGMs
Redcape has added four Sunshine Coast pubs and 128 electronic gambling machines to its book via a deal for Maeva
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Blackstone, Investa trading stake in $1.85b office
Blackstone is reportedly selling its stake in Sydney’s landmark Grosvenor Place. The speculated potential $1.35 billion deal, with Oxford Properties-backed
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Alta swoops on Albert Park Lake site
Alta Property, led by ex-Fridcorp co-owner and joint chief executive officer, Nigel Givoni, has swooped on an inner-city office with
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Heavyweight asset managers seal Perth office, industrial lease deals
Brookfield Properties and Cbus have secured a tenant for a third of a new Perth CBD office, practical completion of
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Wolfdene secures another Perth growth corridor site
Melbourne developer Wolfdene has quietly purchased another Perth growth corridor housing estate site. The nine hectare tract, covered by the East
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Southern Highlands, Yorke Peninsula pubs find buyers
Buyers have swooped on two established regional hospitality assets, on the Yorke Peninsula in South Australia and in New South
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Kokoda snares Melbourne site for maiden office
Kokoda Property has chosen an inner-city Melbourne site for its maiden office (artist’s impressions, right and below). The 854 square
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Local operator snaps up ex-Coles
Drakes Supermarket founder and managing director Roger Drake has made a sentimental property play, at Mount Gambier. The executive’s retail
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Port of Brisbane cements major lease deal
Port of Brisbane has renewed Cement Australia to a 9.17 hectare piece of Bulwer Island, at Pinkenba. The deal is
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Country’s largest member-owned bank profits from ex-HQ sale
EXCLUSIVE Teachers Mutual Bank, for decades known as the Teachers Credit Union, has sold its former national headquarters, in Sydney.
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Malaysia’s richest person sells Surfers Paradise hotel, marina
EXCLUSIVE Malaysia’s richest person, 101 year old Robert Kuok, has sold the Vibe Hotel Gold Coast and Surfers Pavilion after
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Aspen spends $45m for WA sites
EXCLUSIVE Land lease, living, lifestyle, over-55 community and tourist accommodation provider, Aspen Group, has bought a major Ravenswood block, south
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Equipment rental giant to consolidate at Brisbane Airport
United Rentals – the world’s largest equipment rental company – will consolidate two Brisbane container yards to an uber-green one,
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Avid buys AV Jennings
US-based Proprium Capital Partners, for its local managed arm Avid, has made a $365 million takeover bid for home builder
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Transport group doubles down in Melbourne’s west
Calleja Group has quietly bought a site next to one of its two Melbourne truck transfer stations. The 8920 square metre
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Private school shelves junior campus plan, lists blue ribbon site
EXCLUSIVE Korowa is selling a large blue ribbon Melbourne site after deciding against developing a junior school and childcare centre there.
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Roche family sell major Encounter Bay block
EXCLUSIVE The billionaire Roche family has parted with an Encounter Bay housing estate site after obtaining a permit for a
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Lutherans buy replacement HQ
After selling its sprawling North Adelaide headquarters last year, the Lutheran Church in Australia has tipped part of the proceeds
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Coles Cowes trades on 4.7pc yield
A 14 year old Coles in central Cowes has traded between private Melbourne investors. The $23.75 million achieved for 114-122
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Centuria Bass, Plenary appoint chiefs
In his 20th year with Plenary Group, Paul Crowe has been appointed chief executive officer. As part of a planned
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Council buys Bondi Beach apartment block
Waverley Council has used developer contributions to purchase a 1940s block of flats in trendy Bondi Beach. The $8.55 million
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Brisbane investor snares Newcastle hospital
Northwest Healthcare has sold the Toronto Private Hospital, south west of Newcastle, to Axon Capital. The three level, 105 bed
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Logistics giant banks $21m from ex-Sydney base
IMEX Shipping has sold its former west Sydney headquarters to the occupier of five years. The $21.1 million sale of
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Japanese investment giants trade stake in Sydney’s tallest office
MEC Global Partners Asia is believed to be buying a minor stake in Sydney’s landmark Salesforce tower, which carried a
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Coronation fills BTR tower
Coronation Property and its build to rent division, Nation, have filled a major investment in Sydney’s west Parramatta. The Charlie
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Occupier secures warehouse converted office for a discount
An occupier has swooped on a warehouse converted office for $185,000 less than the vendor paid five years ago. Absolute
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Woolworths-backed distribution centre trades on 6.5pc yield
A cold storage investment at Devonport – Tasmania’s third biggest city – leased until at least 2036 to a Woolworths
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T2 to reopen flagship store after swank revamp
T2, owned since 2022 by CVC Capital Partners, is readying to reopen its flagship store after a swank renovation. A
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Legal bigwig lists one of two Walsh Street homes
Australia’s highest paid legal chief executive officer, Gavin MacLaren, is selling a South Yarra home after upsizing in the street.
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Tattarang unveils maiden Queensland Akubra store
Andrew and Nicola Forrest’s investment vehicle, the new owner of Akubra, has chosen the heart of Brisbane’s CBD for that
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HIA buys another HQ
The Housing Industry Association has snapped up another office to occupy, this time in Melbourne. The official body of the
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Not for profit lists major apartment site
Villa Maria Catholic Homes, or VMCH, has listed for sale a park side block permit-ready for a multi-level aged care
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Melbourne City Mission divests historic Hartnett House
Melbourne City Mission has sold its second last childcare centre after bowing out of operating in the sector. Hartnett House
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Former La Luna restaurant sold
The Carlton North building which for 26 years until August accommodated celebrity chef Adrian Richardson’s popular La Luna sold this
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Occupier scoops up north Adelaide industrial sites
Porter Group has snapped up adjoining Adelaide properties to occupy. The Regency Park holdings, 19 and 21 Opala Street, abutting
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Trophy historic bank for sale
A historic ex-State Savings Bank on arguably the best corner in a thriving suburban Melbourne shopping village, is for sale for
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North Lakes gym sells after extension, reno
Keymax Property Group has sold a recently extended and revamped gym investment at North Lakes, north of Brisbane. The 2411
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Centuria, ESR trade Perth warehouses
ESR Australia is selling two adjoining Perth warehouses – branded one business park – to Centuria for an opportunity fund
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Toll signs Melbourne, Brisbane office lease deals
Toll Group, which sold to Allegro Funds in 2021, has leased two city offices. In the most significant deal, in
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Brookfield sells Brisbane site after shelving BTR proposal
Brookfield has sold the prominent Portside Wharf retail and entertainment complex, ending a 22 year association. The fund manager is
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Chinese truck maker expands in Melbourne
Sinotruk Australia has leased another Melbourne property, this time at Dandenong South. The Chinese truck maker has chosen 1/47-63 Remington
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Charter Hall eyes Geelong mall
Chris Lock’s IP Generation is realising another profit selling a Geelong region asset after a renovation. This time, the 18.6 hectare
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GDI banks $164m from Perth IKEA
GDI has sold Perth’s only IKEA, at Innaloo, after just over seven years. The ASX-listed group, which held the asset,
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Maurizio Terzini sells Jacksons on George, quits Icebergs
A consortium including restaurateur Maurizio Terzini and hotelier, Michael Broome, has sold Circular Quay’s 18 month old Jacksons on George
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Casino owner sells Melbourne site once mooted for Trump Tower
Blackstone has sold the prominent riverfront Melbourne site mooted nearly 20 years ago to be Australia’s first Trump Tower. The
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HMC snares west Sydney mall
Woolworths has flipped a western Sydney shopping centre acquired in December via a pre-emptive rights deal. The on-sale to HMC
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Coles to retire two liquor brands, boost another
Coles will retire two liquor brands to focus on a third – a move hoped will better take on Dan
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WOTSO leases ex-WeWork office
WOTSO has signed a major North Sydney lease. The flexible workspace provider has taken 2100 square metres at 50 Miller
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Greek association buys major suburban office for clubhouse
After recently selling a Bayswater base of 41 years, the Greek Club Palesviaki Enosis of Melbourne has reinvested proceeds on
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Not for profits trade aged care homes, retirement village
Presbyterian Aged Care has sold its last aged care home – part of a portfolio also with two retirement villages,
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BGH sells vacant Melbourne day hospital
BGH Capital, which this month sold its Laurent Bakery Group for $650 million delivering a 300 per cent return since
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Wesfarmers wellness arm rents another new distribution centre
EXCLUSIVE Australian Pharmaceutical Industries – a Wesfarmers arm from 2022 – has signed a 15 year lease for a distribution
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Only Australian Comme des Garçons for sale
The local outlet of Tokyo and Paris headquartered Comme des Garçons is for sale. The two level strata space –
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Stadia buys Brisbane office in two parts
Stadia Capital is the latest investment house to secure a Brisbane CBD office in two parts. The Sydney based asset
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German manufacturing giant doubles down in Melbourne
EXCLUSIVE Another Germany based manufacturing giant has bought a Melbourne property to expand – this time in the south east.
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Gym franchisee drops $15m for Upper North Shore buildings
A major Anytime Fitness franchisee has spent nearly $15 million on two double storey standalone buildings to occupy, on Sydney’s
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Hampshire buys another Queensland asset
Sydney based over-55s accommodation provider Hampshire Villages Australia, which turns 20 next year, has acquired a second Queensland asset in
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Gold Coast deal sees Local become Australia’s biggest BTR provider
Local has become the country’s biggest build to rent provider following an off-market deal for the seven hectare Smith Collective
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Estia snaps up two more aged care homes
Estia Health, which was acquired less than two years ago by Boston-based Bain Capital, has added two more aged care
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NSW government releases six more lots for developers
The state government will release six more sites to residential developers – part of the $6.6 billion Building Homes for
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Lendlease chief banks $13m from home
Lendlease chief executive officer Tony Lombardo and his wife, lawyer, May Chen, have sold Elizabeth Bay’s historic Keadue. Despite needing
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South Sydney amalgamation collects $21m
A south Sydney amalgamation containing a two level mechanic and three standalone dwellings has sold following a campaign targeting high
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John Potter buys Australia TradeCoast site
John Potter has snapped up an Australia TradeCoast site for a small strata industrial project. The ex-workshop at 344 Fison
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Another law firm upgrades city digs
Another major law firm is upgrading a headquarters – this time in Brisbane’s CBD. HWL Ebsworth Lawyers has pre-committed to
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German social club sells landmark Melbourne site
German association Club Tivoli-Deutscher Verain – Victoria’s oldest ethnic club – has sold its inner-city Melbourne base of 36 years.
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