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News

News Victoria 

Salta Properties pays $14.75 million for former Telstra building in Richmond

August 4, 2019August 6, 2019 Marc Pallisco

Salta Properties is continuing to landbank office development sites in Melbourne’s inner-east Richmond. This time, it is paying $14.75 million

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News Victoria 

Cricketer Michael Hill list apartment built into historic Elwood mansion

August 5, 2019August 5, 2019 Marc Pallisco

Cricketer Michael Hill (pictured, right) is selling an oversized one bedroom apartment built into converted c1889 mansion Thalassa, in Elwood’s

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News Victoria 

Former CBRE and Colliers International office leasing director Andrew Tracey launches Actum Property

August 4, 2019August 5, 2019 Marc Pallisco

Andrew Tracey is the latest commercial agent to establish his own firm after more than two decades dealing with sophisticated

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New South Wales News 

Sydney’s Ralan Group collapses

August 5, 2019August 5, 2019 Marc Pallisco

Ralan Group is the latest Australian property developer to collapse. The Sydney-based apartment builder is reportedly $500 million in the

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News Victoria 

AFL recruitment veteran sells Bentleigh East home

August 3, 2019February 10, 2021 Marc Pallisco

AFL recruitment veteran John Beveridge (pictured, top) and his wife, Rosa – the parents of Premiership coach, Luke – sold

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News Victoria 

Rare aged care investment for sale in Melton

August 2, 2019June 8, 2020 Marc Pallisco

An aged care investment – rare because, according to the marketing agency, 98 per cent of these properties are owner

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News Victoria 

Pelligra Group buys 20.8 hectare Ravenhall super-site

August 1, 2019August 7, 2020 Marc Pallisco

EXCLUSIVE Pelligra Group has acquired another industrial development site in Melbourne’s west. The diversified builder and investor is paying $25.3

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News 

Musician Gordon ‘Sting’ Sumner splashes $AU96.6 million on New York apartment

August 4, 2019August 4, 2019 Marc Pallisco

Musician Gordon Sumner (pictured, top), otherwise known as Sting, has spent US$65.7 million ($AU96.6 million) on a penthouse within New

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News Victoria 

Port Melbourne site abutting the West Gate Freeway sells for $7.285 million

August 2, 2019August 4, 2019 Marc Pallisco

A high profile Port Melbourne showroom/office, abutting the West Gate Freeway, has sold to an investor for $7.285 million. The

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News 

Mirvac CEO Susan Lloyd-Hurwitz to replace Frasers Property Australia CEO Rod Fehring as GBCA chair

August 2, 2019August 2, 2019 Marc Pallisco

Mirvac chief executive officer and managing director Susan Lloyd-Hurwitz (pictured, top) will take over from Rod Fehring as the Green

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New South Wales News Queensland Victoria 

Ralph Lauren to open four more Australian east coast stores by October

August 2, 2019August 4, 2019 Marc Pallisco

Ralph Lauren has opened its first standalone women’s store, in the Sydney CBD’s historic Queen Victoria Building. The US-based fashion

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News Queensland 

Daisho’s 180 Brisbane skyscraper fully occupied following Employsure lease

August 2, 2019August 4, 2019 Marc Pallisco

Nearly four years after it was completed, Japan’s Daisho has filled a Brisbane CBD office at 180 Ann Street. Workplace

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News South Australia 

Adelaide medical centre King Park Health sells for $8.425 million

August 1, 2019August 1, 2019 Marc Pallisco

A fully-leased healthcare investment in Kings Park, in Adelaide’s exclusive inner-south, has sold for $8.425 million. The multi-tenanted Kings Park

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News Victoria 

Up Property unveils mid-rise office to replace Geelong’s Belcher Arcade

August 1, 2019August 1, 2019 Marc Pallisco

Up Property has unveiled plans for a five-level office in central Geelong,. The commercial building, approved in May, will extend

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News Victoria 

Families Fox, Beck, prepare to build Arc office at Essendon Fields following pre-commitment

August 1, 2019August 14, 2020 Marc Pallisco

A new office is set to take shape at Essendon Fields – a $1 billion-plus village replacing Essendon Airport land,

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New South Wales News 

Caltex considering moving its HQ outside of the Sydney CBD

August 1, 2019August 1, 2019 Marc Pallisco

ASX-listed Caltex is considering relocating its Australian headquarters to an office outside of the Sydney CBD. The petroleum giant is

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New South Wales News 

WeWork speculated to be leasing an entire Sydney CBD office tower

August 2, 2019August 4, 2019 Marc Pallisco

WeWork – a nine-year old start up established in New York, and now Manhattan’s biggest office occupier – is reportedly

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News Queensland 

Charter Hall buying Crestmead Distribution Centre from Blackstone for $183.6 million

August 1, 2019April 28, 2020 Marc Pallisco

Charter Hall is paying Blackstone $183.6 million for the Crestmead Distribution Centre, about 29 kilometres south of Brisbane. The cold

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News Victoria 

Low-rise building in high-rise Southbank street listed with permit

August 1, 2019August 1, 2019 Marc Pallisco

A Southbank property which was four years ago the subject of an 81-storey redevelopment application is for sale. Permitted, now,

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News Victoria 

Maidstone supersite collects $25.5m

July 31, 2019February 20, 2021 Marc Pallisco

A Mixed Use-zoned site in Melbourne’s inner-west Maidstone is selling to a local family investment group for $25.5 million. The

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News Victoria 

Kilsyth industrial investment sells for $7.025 million

July 30, 2019July 30, 2019 Marc Pallisco

A Kilsyth industrial asset occupying a two hectare site with development upside has sold for $7.025 million. A high net

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News Victoria 

Sam Bramham leases Kew restaurant

July 30, 2019February 21, 2021 Marc Pallisco

Paralympian swimmer, sports media commentator, author and businessman, Sam Bramham has rented a property in Melbourne’s ritzy east fit out

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News Victoria 

LBA Capital snares long-vacant, former MFB office, in Moonee Ponds

July 29, 2019September 18, 2019 Marc Pallisco

Development will take place – finally – at the site of a Moonee Ponds office acquired by the Melbourne Fire

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News Victoria 

Pask Group buys Mickleham farm held by family for 84 years

July 29, 2019July 29, 2019 Marc Pallisco

A lucky farming family has struck a windfall playing the long game. Queensland developer Pask Group has acquired about a

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News 

Designers Domenico Dolce and Stefano Gabbana list Stromboli villa

July 29, 2019July 29, 2019 Marc Pallisco

A villa built on volcanic rocks in Stromboli, an island off the north coast of Sicily, has been listed for

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News Victoria 

Pace Development Group buying major Fitzroy site for $20 million

July 26, 2019July 26, 2019 Marc Pallisco

An enormous Fitzroy block – zoned Commercial 1 and with three street frontages – has found its way into the

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News Victoria 

Horse stud with connection to Holmes à Court family hits market

July 29, 2019July 29, 2019 Marc Pallisco

Ridgeview Park in Muskerry, about 155 kilometres north of the Melbourne CBD, is for sale. The 104 hectare horse stud

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News Western Australia 

Singaporean investor pays Woolworths $27.3 million for Banksia Grove shopping centre

July 29, 2019July 29, 2019 Marc Pallisco

A Singaporean investor is paying Woolworths $27.3 million for the recently constructed Banksia Grove shopping centre in Perth’s north. The

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A.C.T. News 

IOOF pays Doma Group $52.5 million for modern Newcastle office

July 29, 2019July 29, 2019 Marc Pallisco

IOOF Investment Management is paying $52.5 million for a two year old office in Newcastle. The seven-level asset at 18

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New South Wales News 

Artarmon childcare centre fetches $14.8 million

July 26, 2019July 26, 2019 Marc Pallisco

A childcare centre in Artarmon, about nine kilometres north-west of the Sydney CBD, has sold for $14.8 million. The deal

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N.T. News 

Billionaire sheikh lists 462,800 hectare Alice Springs cattle station

July 25, 2019October 11, 2019 Marc Pallisco

Billionaire sheikh, United Arab Emirates-based oil industry mogul Hamad bin Hamdan Al Nahyah, is selling the enormous Idracowra cattle station,

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News Victoria 

Former Wantirna Heights School sells to Oz Property Group for $9.7 million

July 26, 2019July 29, 2019 Marc Pallisco

EXCLUSIVE The former Wantirna Heights School, in Melbourne’s east, has sold for $9.71 million. Victoria’s Department of Education listed the

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News Victoria 

Caltex Winchelsea sells for $6.6 million

July 26, 2019July 26, 2019 Marc Pallisco

A developer has offloaded a Caltex service station about 37 kilometres south-west of Geelong. The newly completed Winchelsea outlet is

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News Victoria 

Partner sought to replace prominent Richmond sites

July 25, 2019February 13, 2021 Marc Pallisco

Two neighbouring Richmond properties creating a 5433 square metre C-shaped super-site, have hit the market giving prospective joint venture partners

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News Victoria 

151 Property leases Wetherill Park manufacturing facility

July 24, 2019July 24, 2019 Marc Pallisco

A global producer and distributor in the lubricants industry has leased a western Sydney distribution centre investment, set to be

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New South Wales News 

Microsoft leases North Sydney’s tallest office as Australian HQ

July 23, 2019December 6, 2020 Marc Pallisco

Microsoft will relocate its Australian headquarters to what is set to be North Sydney’s tallest building – Winten Property Group’s

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News Spotlight Victoria 

Melbourne healthcare property: a snapshot

July 22, 2019February 14, 2021 Marc Pallisco

With a population of nearly five million, growing at more than 125,000 annually; changing demographics and new living habits –

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News Victoria 

Mulpha paying Blackstone $160 million for Melbourne’s Brimbank Shopping Centre

July 18, 2019July 18, 2019 Marc Pallisco

Malaysia-based Mulpha is reportedly in due diligence to buy the Brimbank Shopping Centre, in Melbourne’s north-west, for about $160 million.

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News Victoria 

Aged care provider Japara spends c$10 million in Brighton

July 17, 2019September 9, 2019 Marc Pallisco

EXCLUSIVE Retirement living provider Japara has outlaid a speculated $10 million for two development sites abutting its Elanora Aged Care

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News Victoria 

Capital Alliance starts building 40-storeys in Fishermans Bend

July 16, 2019July 16, 2019 Marc Pallisco

Seven years since 250 hectares of Fishermans Bend land was controversially rezoned Capital City by the former planning minister, Matthew

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News Victoria 

Owner-occupier outlays $5.75 million on Collingwood HQ

July 16, 2019July 16, 2019 Marc Pallisco

A Sydney-based financial services business has outlaid $5.75 million on a Melbourne headquarters, in Collingwood. The renovated and extended period

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News Victoria 

George Ters lists central Footscray site

July 12, 2019July 12, 2019 Marc Pallisco

EXCLUSIVE Private investor George Ters is selling a large and permit-ready development site adjacent to the Footscray train station. The

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News Victoria 

Grollo family list Mt Buller’s new Kooroora Hotel

July 12, 2019July 12, 2019 Marc Pallisco

EXCLUSIVE Rino Grollo is selling the hotel component of a mixed-use project under construction in Mt Buller. The 24-suite Kooroora

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News Victoria 

Stockland sells Tooronga Village to Newmark Capital for c$64 million

July 9, 2019July 10, 2019 Marc Pallisco

EXCLUSIVE Stockland has sold shopping centre Tooronga Village, in Melbourne’s Glen Iris, for a speculated price of about $64 million.

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News Victoria 

Zagame family offers prominent Abbotsford office for lease after swank refurbishment

July 5, 2019July 5, 2019 Marc Pallisco

EXCLUSIVE Five months after paying the Australian Education Union Victorian division $21 million for one of Abbotsford’s highest character buildings,

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New South Wales News Queensland Victoria 

Frasers Logistics & Industrial Trust spends $125.5 million on three Australian east coast investments

July 4, 2019July 4, 2019 Marc Pallisco

Frasers Logistics & Industrial Trust is paying subsidiaries of Frasers Property Australia $125.5 million for three investments on Australia’s east

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News Victoria 

Goldfields snaps up strategic Melbourne farm for c$110 million

June 28, 2019July 14, 2021 Marc Pallisco

EXCLUSIVE Goldfields is readying to push Melbourne’s suburban sprawl outwards after snapping up a strategic site in the outer south-east.

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New South Wales News 

My Kitchen Rules leases Bellevue Hill mansion

June 25, 2019February 19, 2021 Marc Pallisco

Producers of Network Seven’s reality TV show My Kitchen Rules have leased a modern home in Sydney’s east for a

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News Victoria 

Mirvac cements deal with Boral to develop quarry spreading across two Melbourne suburbs

June 25, 2019June 25, 2019 Marc Pallisco

Mirvac will develop a 1700-lot housing estate on a Boral quarry which spreads across two suburbs, Wantirna South and Scoresby,

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News Victoria 

Golden Age to sell interest in unbuilt East Melbourne office Victoria Place: reports

June 24, 2019June 26, 2019 Marc Pallisco

Developer Golden Age is seeking to sell its half-share in an unbuilt East Melbourne office, Victoria Place, according to reports.

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News Victoria 

Swisse Wellness backer Michael Saba tries again to sell Clifton Hill retail asset

June 21, 2019June 28, 2019 Marc Pallisco

Swisse Wellness investor Michael Saba is trying again to sell a large retail asset with development upside in Clifton Hill’s

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News Victoria 

Steller’s Caulfield East HQ for rent “immediately”

June 20, 2019June 22, 2019 Marc Pallisco

EXCLUSIVE Steller’s Caulfield East headquarters is for rent. The developer, which is winding down in high-profile circumstances, only recently moved

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News Victoria 

Ozmosis’ Port Melbourne HQ for lease ahead of Torquay move

June 20, 2019June 20, 2019 Marc Pallisco

EXCLUSIVE Rip Curl Group is sub-letting a contemporary Port Melbourne office occupied by its surf, fashion and skate brand, Ozmosis.

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News Victoria 

Gus Cooper, Michael Gannon lodge office, plaza proposal

June 20, 2019February 11, 2021 Marc Pallisco

Developers Gus Cooper and Michael Gannon have applied to replace one of Cremorne’s largest industrial properties with two offices and

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News Victoria 

Tradelink leases Laverton North warehouse

June 20, 2019June 20, 2019 Marc Pallisco

Tradelink Supplies, which is controlled by the ASX-listed Fletcher Building Limited, has leased a Laverton North industrial property. Tradelink is

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News Victoria 

Southern Indoor Bowls Club fetches $10.26 million from developer

June 18, 2019June 19, 2019 Marc Pallisco

The Southern Indoor Bowls Club in Melbourne’s Caulfield South has sold for $10.26 million – more than $1 million over

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News Victoria 

Landlord offers Moorabbin warehouse for rent after Steller goes MIA

June 18, 2019June 28, 2019 Marc Pallisco

While executives winding down the troubled Steller business return calls to the agents who are marketing their properties for sale

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New South Wales News 

Coogee apartment fetches $1.325 million from Wallaby Bernard Foley

June 16, 2019June 16, 2019 Marc Pallisco

Rugby player and Commonwealth Games silver medallist Bernard Foley has paid $1.325 million for an apartment in Sydney’s beach-side suburb

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New South Wales News 

John Symond withdraws Double Bay investment from sale

June 16, 2019February 19, 2021 Marc Pallisco

Aussie founder John Symond has withdrawn a Double Bay investment property from sale after four months. The London-based businessman was

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New South Wales News 

John Landerer lists Vaucluse mansion

June 16, 2019February 14, 2021 Marc Pallisco

John Landerer, the founder of commercial law firm Landerer and Company has listed his Sydney home with a $60 million-plus

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News Victoria 

Bourke Street strata office sells for $6.975 million – a Melbourne record

June 14, 2019June 14, 2019 Marc Pallisco

EXCLUSIVE Melbourne’s largest strata office sale has taken place. The $6.975 million deal for level 11 and the rooftop of

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News Victoria 

Frasers, ESR, buy ex-Peters ice cream HQ from Charter Hall and pre-commit Nissan to an office which is now for sale

June 14, 2019June 14, 2019 Marc Pallisco

EXCLUSIVE Joint venture partners Frasers Property Australia (FPA) and ESR are paying Charter Hall $14.5 million for a 4.67 hectare

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News Victoria 

Campbellfield industrial property sells to owner-occupier for $7 million

June 14, 2019June 14, 2019 Marc Pallisco

An enormous Campbellfield industrial property with development upside has sold to an owner-occupier in the building sector for $7 million.

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News Victoria 

Cbus Property sells modern warehouse built on ex-Holden plant in Dandenong South

June 13, 2019June 13, 2019 Marc Pallisco

Cbus Property has banked $4.25 million selling a modern warehouse built on part of a former General Motors Holden car

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News Victoria 

Ouson offloads Mount Cottrell block for c$50m

June 12, 2019February 12, 2021 Marc Pallisco

Ouson Group has sold a 61.4 hectare west Melbourne development site. The Mount Cottrell holding, 246-344 Troups Road South, is

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New South Wales News 

Starwood Capital and Arrow Capital Partners spend $438.2 million on Chatswood’s Zenith Centre

June 11, 2019June 11, 2019 Marc Pallisco

Connecticut based Starwood Capital, with New South Wales’ Arrow Capital Partners, have acquired The Zenith Centre in Sydney’s Chatswood, for

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News Victoria 

ISPT hands Melbourne’s 271 Spring Street to Australian Unity

June 10, 2019June 10, 2019 Marc Pallisco

Industry Superannuation Property Trust has completed construction of a major office at a historic Melbourne CBD corner. The 16-storey tower,

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New South Wales News 

Super Retail Group signs $14.8 million lease at Frasers Property Australia’s Rhodes Corporate Park

June 9, 2019June 9, 2019 Marc Pallisco

ASX-listed Super Retail Group is the latest major tenant to rent offices at the Rhodes Corporate Park in suburban Sydney.

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News Victoria 

Melbourne Club trumped as neighbouring buildings fetch $22.35 million, more than twice the expectation

June 8, 2019June 10, 2019 Marc Pallisco

EXCLUSIVE At an extraordinary boardroom auction yesterday contested by some of Victoria’s wealthiest private investors and the prestigious Melbourne Club,

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News Victoria 

Surrey Hills office fetches $5.7 million from owner-occupier

June 7, 2019June 7, 2019 Marc Pallisco

An office with development upside in Melbourne’s Surrey Hills has sold to an owner-occupier for $5.7 million. The double-storey building

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News Victoria 

General Pants Co signs seven year lease at Drystone Industrial Estate

June 7, 2019June 7, 2019 Marc Pallisco

General Pants Co has committed to a seven year lease at Melbourne’s Drystone Industrial Estate, a 90 hectare logistics-focused business

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News Victoria 

Melbourne’s former German Club approved to become a 23-level office

June 7, 2019August 8, 2020 Marc Pallisco

A new boutique office tower is coming to Melbourne’s ‘Paris end’. On Tuesday, City of Melbourne councillors unanimously supported an

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News Victoria 

Prominent Derrimut industrial site trades off-market for c$12 million

June 6, 2019November 10, 2023 Marc Pallisco

A high-profile development site within Melbourne’s Gilbertson Industrial Estate is selling to an owner-occupier for a speculated price of about

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News Victoria 

Peter Spargo sells Merrifield service station off-market for $7.1 million

June 4, 2019June 7, 2019 Marc Pallisco

Developer and investor Peter Spargo has banked $7.1 million from the disposal of a new service station in Melbourne’s burgeoning

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News Victoria 

Mixed-use crisis accommodation and office development, an Australian first

June 4, 2019June 4, 2019 Marc Pallisco

A four-level youth refuge and office has been completed in the Melbourne CBD following a philanthropic contribution by numerous property

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News Victoria 

St Martins Property Group looks to offload $1 billion half share of Melbourne’s Rialto

June 4, 2019June 5, 2019 Marc Pallisco

One of Australia’s most famous and long-standing property partnerships could soon dissolve. Kuwait-backed St Martins Property Group is seeking to

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News Queensland 

Sentinel Property Group pays record $103 million for Brisbane’s Makerston House

June 4, 2019June 4, 2019 Marc Pallisco

Sentinel Property Group is paying $103 million for a B-grade Brisbane CBD office. Makerston House, in the city’s North Quarter,

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News Victoria 

Mirvac spends $333.5 million on Built to Rent complex at Melbourne’s Queen Victoria Market

June 3, 2019November 26, 2020 Marc Pallisco

Mirvac Group is buying a controversial proposed Melbourne apartment tower from PDG Corporation – provided it can substantially up the

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News Victoria 

Salta Properties’ Dulux House expected to trade for c$25 million

May 31, 2019May 31, 2019 Marc Pallisco

Salta Properties has listed an investment-grade suburban Melbourne office. In Clayton, about 19 kilometres south-east of the CBD, Dulux House

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News Victoria 

Nicole Chow sells Leukaemia Foundation HQ in North Melbourne

May 31, 2019May 31, 2019 Marc Pallisco

Nicole Chow’s UAG Group has sold a strata titled medical centre, part of a high-end mixed-use complex with apartments known

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