Asset managers trade Perth warehouse
QIC and Fife Capital have sold another co-held industrial investment, this time in Perth. The Welshpool holding, 2-10 Kewdale Road,
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Real Estate News
Stockland buys Melbourne housing estate site
Stockland has bought a permit-ready housing estate site in Melbourne’s north east. The deal for the South Morang parcel –
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United Petroleum co-founder lists Mornington Peninsula retreat
United Petroleum co‑founder Avi Silver has put his Mornington Peninsula retreat on the market. The contemporary Merricks North home on
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Spotlight buys LFR investment
Spotlight Property Group has bought a large format retail investment at Moorabbin Airport. The sale price for the Moorabbin Retail
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Russo buys Brisbane large format retail investment
Russo Investments has quietly bought a large format retail asset, in Brisbane’s north. The 7271 square metre Virginia holding, 2043 Sandgate
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City investors trade small South Coast mall
A Melbourne investor has sold a NSW South Coast shopping centre held five years. Tuross Head Shopping Village at 38-52
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IMG spends $160m for Tamworth pub portfolio
IMG Hotels has acquired five pubs in Tamworth for a combined $160 million. The Longyard Hotel, Southgate Inn, Family Hotel,
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Melbourne institution the Vegie Bar sold before auction
EXCLUSIVE The buildings which since 1988 have accommodated the popular Vegie Bar have sold before auction. The hospitality group buyer
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Developer secures another business to ex-Lunar Drive-In
Racking Supply Australia has consolidated its Melbourne operations to a Dandenong South office/warehouse leased last year initially for its Dexion
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Martin family sell Adelaide shopping centre
The Martin family has sold the Pelican Plaza at Ridgehaven, 15 kilometres north east of Adelaide. The 1.2 hectare asset
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Ex-Ford factory reborn as industrial estate
A chance to own a piece of motoring history has come up, with Pelligra Group beginning to replace the ex-Ford
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Fawkner buys Melbourne HQ from landlord
Fawkner Property has bought the A-grade office it rents for its headquarters. On a double sized block in the part
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Woolworths sells 10 assets to billionaire family
Woolworths Group has sold 10 retail investments in one line – part of a program to recycle real estate capital.
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RSL snaps up $30m hotel
Waverley RSL Sub-Branch has acquired the ibis Melbourne Glen Waverley for more than $30 million, securing a long-term base in
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Investors swoop on $10m childcare centres
Two Sydney childcare centre investments have traded for about $10 million apiece. At St Marys, a five month old, 104
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Flagstone industrial site sold for $15m
Norhart Developments has bought an industrial development site in the Flagstone Priority Development Area at North Maclean. The 20.25 hectare
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Time & Place quietly buys inner-city Melbourne site
Time & Place has bought two modern, low rise offices from separate owners, with plans to replace the amalgamated site
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Toorak apartment owners unite, sell to developer
The owners of six strata titled apartments in Toorak have united to sell the block – including common areas –
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Site of former Enigma Bar changes hands
A prominent corner site in Adelaide CBD’s West End has changed hands. The Manera Building at 167A-173 Hindley Street on
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Strata owners unite, sell block for $130m
Danny Avidan’s Dare Property Group has bought a major waterfront development site – an underutilised block of flats – after
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Offshore investors trade Sydney office
Offshore investors have traded a B-grade Sydney CBD office with development upside for $29 million. Singapore based ST Real Estate
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Malaysian developers trade Sydney apartment site
A Malaysian consortium has acquired a permit-ready development site in Sydney’s Macquarie Park. A vehicle linked to Bursa listed Eco
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HMC swoops on two east coast malls
HMC Capital is buying two east coast malls for a retail fund. South of Sydney, the group has bought the
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Interstate AFL club leases Docklands space
AFL club the Brisbane Lions has leased a prominent ground floor space at an A-grade office opposite Marvel Stadium’s southern
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Australian Unity fund sheds renovated WA mall
Banjo Bond’s Cosgrove Group has acquired the Busselton Central shopping centre from an Australian Unity fund. The neighbourhood mall, 30-35
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Mazen Tabet buys another Melbourne boutique hotel
Mazen Tabet has quietly acquired one of Melbourne’s most luxurious boutique hotels – paying $1.67 million per suite. The freehold
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Offshore hotel investors trade Melbourne site
DoubleDragon Property Corp subsidiary Hotel 101 has bought a permit-ready hotel development site exposed to two Melbourne CBD roads. The
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Collective buys Melbourne growth corridor healthcare investment
EXCLUSIVE Collective Capital has bought an 18-month-old healthcare and wellness investment with development upside in Melbourne’s north. The asset at
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Area 51 to expand into ACT
Marking its entry to the ACT, family entertainment operator Area 51 has signed a long-term lease for a large format
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Industrial heavyweight funds Darlinghurst health initiative
St Vincent’s Hospital Sydney will establish an Urban Health Hub in Darlinghurst supported by a $10 million contribution from the
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Dean Petrie leases showroom for X-Golf club
Dean Petrie has leased another Perth property for an X-Golf club. The membership-only sports entertainment venue business will open at
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Centennial, Terraplex trade Melbourne industrial assets
Terraplex has bought a major four-warehouse industrial investment in Melbourne’s north with plans to sell it down for a profit.
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Gallaghers buy Neutral Bay’s Oaks Hotel
Patrick and Angela Gallagher have bought the Oaks Hotel in Neutral Bay, ending about five decades of ownership by the
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Healthcare giant leases bulk of ex-Target HQ
Leaf Corporation has secured a tenant for the bulk of Target’s former headquarters, in North Geelong. Barwon Health has signed
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Row of Lower North Shore shops sell for $33m
EXCLUSIVE Developers Harry and Jilla Vakili have sold a row of shops with significant development upside on Sydney’s Lower North
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Outgoing Tennis Australia boss lists waterfront home
Outgoing Tennis Australia boss Craig Tiley and wife, Alicia, are selling the beachfront home for which they paid a suburb
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Toyota dealer spends $25m for Adelaide sites
Northpoint Toyota has snapped up two adjoining inner-Adelaide industrial properties – only one which was for public sale. The popular
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Turnkey hospital for sale, Melbourne
A turnkey hospital and consulting hub – ready to operate with all necessary clinical infrastructure, including theatres, recovery bays, labs,
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Recently retired Footscray Hospital set to be razed
Development Victoria will begin demolishing the recently vacated Footscray Hospital in the second half of 2026, with an update on
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Guildford Bell home listed with $17.5m hopes
One of Victoria’s most significant modernist homes has returned to market – Seccull House, designed by revered architect Guilford Bell.
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Developer pays $15m for Toowoomba farm
A farm surrounded by housing estates in Toowoomba’s north has sold for $15.15 million. The 11.01 hectare, irregularly shaped Highfields
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Centuria, Morgan Stanley shed Melbourne warehouse
Centuria and Morgan Stanley have sold a multi-tenanted industrial investment in Melbourne’s north. The 1.77 hectare asset, 40 Scanlon Drive,
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CFMG snaps up Gold Coast housing estate site
CFMG Capital – formerly known as Custodian Funds Management Group – has swooped on another housing estate site, this time
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Fife in the black after Brisbane warehouse sale
Fife Capital has sold a Brisbane warehouse for $35 million. The Acacia Ridge investment, 55 Bellrick Street, is speculated to
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Sherpa outlays $19m for Gold Coast block
Christie Leet’s Sherpa Group has settled on the priciest of two Palm Beach development sites bought late last year. The
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Sorrento shops snapped up before auction
A triple fronted retail property on Sorrento’s Ocean Beach Road has sold before auction. The late 19th century limestone building
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Boral, Mirvac permitted to develop ex-quarry
Mirvac has won state government approval to replace a former clay quarry and brickworks in Melbourne’s south-east, seven years after
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Forza in play for Myer Melbourne building
Forza Capital is understood to be pursuing the landmark Myer store on the Bourke Street Mall – a deal which
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Impact sells green Collingwood office
The Liberman family backed Impact Investment Group has sold a four and a half year old Collingwood office for c$110 million.
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Precept spends $21m for Brisbane office
Precept Property Partners is speculated to be paying $21 million for a Brisbane CBD office marketed for its value-add upside.
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Charter Hall sells regional Victorian shopping centre
Charter Hall has sold the Lansell Square shopping centre, in Bendigo’s south west. The off-market deal with an Asia based
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MA Financial snaps up another marina
MA Financial has agreed to buy the Gold Coast City Marina and Shipyard – one of the largest diversified marina
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Brady banks $36m for boutique Melbourne hotel
EXCLUSIVE Brady Group has sold a three year old boutique hotel in Melbourne’s inner east – banking $30.6 million or
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Keneco buys $27m site for Kennards Hire
Keneco, born out of Kennards Hire and predominantly investing in product leased to the group, has paid $27.2 million for a
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Developer secures final pieces of Dianella Broadcast Precinct
Nigel Satterley has bought the ex-Channel 9 and Network 10 broadcast sites in Perth’s inner north from media entrepreneur Bruce
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POD sells Richlands Plaza
POD Developments has found a buyer for a Woolworths anchored shopping centre listed last quarter in Brisbane’s south west. Richlands
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Developer appointed to replace ex-water tank site
Development Victoria has awarded PDG the tender to develop a major apartment tower and park in Melbourne’s north east. The
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Charter Hall, Fife land industrial pre-commitments
Charter Hall has pre-committed Amazon to a multi-level automated distribution centre at the Flagstone Logistics Estate in North Maclean. As
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New business leases ex-Hill of Content bookshop
EXCLUSIVE A two month old consumer electronics retailer – now seeking supply chain partners – has leased the former Hill
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Adelaide office, childcare centre trades for $22m
A 60 place childcare centre and sprawling vacant office in Adelaide’s south Bedford Park has sold. The 2.85 hectare irregular
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Aoyuan suffers dramatic loss on Sydney site sale
The state government has acquired a major west Sydney land bank for a fraction of the price the embattled vendor
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ESR quietly sells $38m gym
ESR Australia has sold a Northern Beaches investment seized with its takeover of Propertylink Group in 2019. The Virgin Active
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Glenn Piper buys Port of Airlie
Glenn Piper has extended his reach into the Whitsundays, paying $20.75 million for the Port of Airlie, including the Cruise
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Annerley boosts healthcare portfolio
Annerley Group has bought another major healthcare investment, this time in the Mid North Coast heartland of Port Macquarie. The
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Greenacre shops fetch $14m
A row of six commercial properties all up covering 1810 square metres, in central Greenacre, has sold. The buyers of
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NAK Hair founders flip Brisbane mansion after a year
NAK Hair founders Anthony and Angela Rigney have flipped the distinctive inner north east Brisbane mansion known as Riverview Palace
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Melbourne toy factory trades for $10.7m
A south east Melbourne warehouse, leased since last year to one of the country’s largest toymakers, has sold off-market. A
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Nuveen buys major Sydney industrial investment
EXCLUSIVE Nuveen – which until 2021 owned a third of Myer’s Bourke Street Mall, Melbourne, building – has bought a
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Alkimos shopping centre fetches $33m
Another major shopping centre has sold in Perth’s coastal Alkimos. Trinity Village courted favour with Harmony Property Investments, the capital
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Australian Unity sells prominent medical centre
April Group and MaxCap have settled on the purchase of Sydney’s RPAH Medical Centre. The five storey complex near Royal
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Council lists site after slicing piece for park
A major apartment complex at the west end of Bell Street might be back on the cards with the local
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Developer sells office built 40 years ago
A prominent Northern Territory office has been sold by the developer which built it 40 years ago. Satepak House at
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Asset manager turns profit selling Sunshine Coast office
Rhodes Asset Management has sold a sprawling Sunshine Coast office held six years. The Brisbane based fund manager banked $7.5
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Developer swoops on New Farm shops, dwelling
Griffith Group has paid $14.5 million for an apartment development site in Brisbane’s inner east New Farm. The amalgamated holding
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Launceston’s QV Tower sold
A state government anchored medical and office facility with longer term development upside in East Launceston has sold. The fully
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Australian Unity suffers major hit on office sale
Australian Unity has sold a vacant Brisbane office on its second attempt. The last asset from the Australian Unity Office
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Adelaide asset managers trade Perth shopping centre
Harmony Property Investments, the capital partner of MRS Property, has bought a modern shopping centre in a Peet housing estate
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Demian reclaims ex-James Hardie factory from Abacus
Abacus Property Group is selling an enormous ex-James Hardie factory back to Sydney developer Charlie Demian. The ASX-listed group paid
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End of an era as Presentation Sisters sell historic convent, school
The Presentation Sisters have sold an inner city Melbourne convent and school held more than 150 years. The 1.89 hectare
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Brooki Bakehouse founder lists historic Brisbane home
Brooki Bakehouse founder Brooke Bellamy and husband, Justice, have listed Camp Hill’s historic Litchaton after 20 months. The property is
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