Waterfront Williamstown shops trade for $1.5m
Two more Williamstown properties – part of the estate of prominent local plumber, philanthropist John Edmund, or JE Patterson, OAM,
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Real Estate News
Sekisui House sells office on second attempt
Sekisui House has sold an A-grade office, part of its master-planned West Village project, in Brisbane’s West End. Greenhouse at
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News Corp print press sells for $27m
The only News Corp Australia print press for Queensland and northern New South Wales newspapers and magazines has sold. WOTSO
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Occupier sells Eltham offices with leaseback
An unusual Eltham office – with two modernised standalone buildings – has sold to a local investor for just over
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Large format retail investment fetches $23m
A two year old large format retail investment south of Perth has sold to a local family office. Anchored to
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Two new border town QSR assets sell
Two restaurants near the New South Wales/Victoria border, recently completed on part of an ex-petrol station, have sold for a
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Brookfield, Cbus fill more of luxe Perth office
Law firm Lavan has leased a piece of the new Premium grade Nine The Esplanade, overlooking Elizabeth Quay, in Perth.
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Mapletree sells another major office
Singapore based Mapletree Investments, a subsidiary of Temasek Holdings, has sold another Australian office. The nine level A-grade building, 78
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Receivers sell ex-Noah’s Backpackers
Receivers have sold arguably the highest profile property in the portfolio of bankrupt hospitality entrepreneur Jon Adgemis’ Public Hospitality Group.
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Melbourne council buys road for park
A small park in Melbourne’s inner east will be extended after the local council bought a chunk of a neighbouring
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BWP sells vacant Bunnings store
BWP Trust, which predominantly invests in Bunnings backed real estate, has sold a vacant north east Perth store. The 1.84
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Centuria buys Bunnings-backed homemaker centre
Centuria has confirmed the purchase of a Bunnings backed homemaker centre in Melbourne’s south east. As we reported December, the
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Church sells two Perth offices
The Christian Brothers has sold two West Perth office investments to local groups. In the bigger deal, 16 Ord Street
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Major border town land lease community for sale
A major land lease community – permit ready to add 139 more sites – has hit the market at Mulwala.
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Charter Hall banks eight figures for childcare centre
Another Sydney childcare centre has sold for an eight figure sum, this time on the Upper North Shore. The $11.5
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Developer spends $318.5m for housing estate site
Singapore listed Ho Bee Land has picked up a master-planned housing estate site in Brisbane’s outer north. The 181.36 hectare
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Townhouses to replace ex-Moreton Bay bowls club
Actum Property Group has swooped on the former Deception Bay Club, also known as the Bowls Club, with plans to
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Abedians buy back Mermaid Waters site
Gold Coast father and developers, Soheil and Sabha Abedian, via Abedian & Co, have bought back a piece of a
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Private school buys ‘Underbelly’ mansion
EXCLUSIVE A 14 room mansion on 1455 square metres in Moonee Ponds’ exclusive Ardmillan Road has sold to private school
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Woolworths sells shopping centre with leaseback
Woolworths’ development arm Fabcot has sold a four year old shopping centre 25 kilometres south of Cairns’ CBD. Gubuda-Gordonvale collected
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Troubled developer sheds balance of housing estate site
Risland Australia, the local arm of beleaguered Chinese developer, Country Garden, has sold the balance of a south west Sydney
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Sydney childcare centres fetch eight figures
Two Sydney childcare centres have sold for eight figure sums. In the bigger deal, a new 130-place complex at 120
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Argus flips Brisbane growth corridor homemaker centre
Argus has sold an outer north Brisbane homemaker centre bought five years ago – as the country was adjusting to
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Poulakis family sell historic Customs House
The Poulakis family, former owner of luxury male fashion retailer Harrolds, has sold Melbourne’s historic Customs House. The six level
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Inchcape banks $26.4m from dealerships
Inchcape Australia has sold Plantation Capital two major Brisbane dealerships with leasebacks. In the priciest deal – just – 247-249
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Robin Khuda snares two more luxury apartment sites
Robin Khuda is buying two more sites for his recently launched boutique residential development company, Ondas. In Sydney’s Mosman, the
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Investors trade another Mercure
Sydney-based investors have traded another Mercure motel – this time in Queensland. The 74 room guesthouse on 4757 square metres
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Apartment developer buys neighbouring Mosman homes, land
Owners of four standalone homes and a vacant block in Sydney’s east have united and sold to a developer. The
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Mid North Coast land lease community collects $24.5m
Hampshire Property has quietly purchased an over 55s land lease community on the Mid North Coast. Spreading 8.25 hectares with
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Neighbouring investors unite, sell in Hoppers Crossing
A local investor has swooped on neighbouring large format retail investments near Hoppers Cross station, in Melbourne’s west. The 1.2
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Laundy family buy Riverina pub
Laundy Hotels has picked up a Riverina pub from the family which established it in 1978. The Ashmont Inn Hotel
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Quanta buys two investments for single asset funds
Quanta Investment Funds has settled on two Queensland investments for fully subscribed single asset funds. For the Quanta Chermside Medical
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Pittwater spends $53m for business park
Pittwater Industrial has picked up a fully let Brisbane business park. On 2.39 hectares with 24 units containing 13,165 square
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Schiavello family buy another Bunnings
EXCLUSIVE The Schiavello family has bought another Melbourne Bunnings – this time outlaying $49.5 million. The 3.92 hectare outlet at
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SKS buys apartment block to refurbish, sell down
SKS Group has picked up the 18 year old Kings View apartment complex to refurbish and sell down. The 10
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Gold Coast shopping centre fetches $15.5m
Rededge Partners has sold Gold Coast growth corridor shopping centre held 12 years. BMK Invest, represented by Rethink Investing, has
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Orion offloads laboratory with leaseback
Orion Laboratories, trading as Evaris Pharma but until recently, Perrigo Australia, has sold a high-tech manufacturing plant with a long
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Vacant Genius Childcare centre fetches $7.8m
A former Genius Childcare centre in Adelaide’s north has sold to a fast growing Sydney operator. Bright Steps paid $7.843
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Clarence sheds Brisbane office with high rise permit
Clarence Property has sold an inner-city Brisbane office after obtaining a redevelopment permit for a 27 storey apartment building. The
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Mirabella family buys Knoxfield investment
Arrow Capital Partners has sold an east Melbourne office/warehouse held four and a half years. The Knoxfield investment, 11 Kingston
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IP Generation sells Sunraysia’s biggest shopping centre
EXCLUSIVE IP Generation has sold the Sunraysia district’s biggest shopping centre off-market. The asset manager, since mid-last year owned by
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Coles buys Melbourne supermarket off rival
Coles has settled on the off-market deal for an outgoing Leo’s supermarket in Melbourne’s south east. The multi-level property, 2
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State government buys aged care home to repurpose
The Rockliff government has bought a north west Hobart aged care home to repurpose as a mental health facility. The
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Trilogy buys, sells modern investments
Trilogy Funds has bought a new purpose-built investment near Darwin International Airport for the Industrial Property Trust. Part of the
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Council swoops on Rouse Hill land
The Hills Shire Council has bought a commercial mixed use development site in its municipality. The 1.84 hectare Rouse Hill holding,
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EG flips Brisbane industrial investment
EG Funds has sold an industrial investment bought on a funds through basis five years ago. The asset manager has
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Mackay industrial investment trades for $19.5m
OzProp has sold a modern Mackay industrial investment occupied by two Michelin businesses. The 2.15 hectare Paget property, 217 Farrellys
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Strada divests Gold Coast Bulletin HQ
Strada Group, led by Scott Barlow and the major owner of Sydney Football Club, has sold an office with development
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Developers trade beachfront apartment site
Gary Dempsey has sold a high density residential development site in Perth’s exclusive Scarborough. The 3549 square metre amalgamation, 202
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New Bendigo childcare centre sells
A childcare centre built on land until COVID earmarked for an apartment complex, south west of Bendigo, has sold. The
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Ronald McDonald House Charities buys Melbourne apartment block
EXCLUSIVE McDonald’s has dug deep for an apartment block to expand a Ronald McDonald House about to turn 40. The
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Hamilton Island sold for $1.2b
The Oatley family has sold Hamilton Island Enterprises for c$1.2 billion. Subject to Foreign Investment Review Board approval, New York
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Asset managers trade ex-Flight Centre HQ
Cromwell has sold a prominent underutilised Brisbane CBD office after nearly five years. The asset manager is taking a haircut
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Perdaman snares sixth asset
APIL, or Australian Property Investments Limited, has sold another asset, this time at Subiaco. The Subiaco Square office and retail
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Private school buys ex-piano factory with development permit
EXCLUSIVE Singapore listed Optimus Holdings, until 2020 known as KLW Holdings, a diversified group also renown in Asia for manufacturing
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Fitzroy North warehouse quietly sold, fast tracked for redevelopment
JMSN, led by Sam Jamieson, son of Harry the Hirer founder, Rick, with the Liberman family backed Monark Property Partners,
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Outgoing NBN HQ selling for $600m
Dexus is selling a major Sydney office after a second attempt. The 35 level tower, completed in 2019 at 100
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GPT seeds mandate with $47m student accommodation complex
The GPT Group has snapped up a warehouse converted student accommodation complex to seed a value-add mandate with an offshore
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RAAFWA sells HQ to developer
The Royal Australian Air Force Association of Western Australia has sold its sprawling headquarters, also the Central Support Office, in
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Developer swoops on nursery
An industrial developer has picked up the Andreasens Green nursery on the Gold Coast’s outskirts, for $35.2 million. The 12.6
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GDI banks premium from UGL factory
GDI Property Group has sold a major Perth industrial investment. Covering 3.8 hectares across neighbouring sites, 5 and 15 Wood
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‘Summer Spotlight’ portfolio to reap $100m
A top four agency has again launched a marketing campaign over the new year period for a portfolio of social
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Aged care giants trawl new territory for assets
Two heavyweight retirement living accommodation providers bought major assets this month – each venturing into new territory. The largest property
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UniSuper, Fife trade $204.5m industrial portfolio
UniSuper has picked up three Brisbane industrial investments for a total $204.5 million. From Alan Fife’s Fife Capital, the group
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Kooyong Lawn Tennis Club shelves expansion plan
EXCLUSIVE The Kooyong Lawn Tennis Club has shelved plans to buy the 1.64 hectare Vision Australia office opposite its east
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Asset managers trade Brisbane medical centre
Dexus has sold a modern Clayfield medical centre after five years. The asset manager is taking a hit on the
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ART in play for shopping centre stake
SCentre is selling a stake in another shopping centre, this time in Sydney. The 19.9 per cent interest in Westfield
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QIC buys strata titled Sydney mall
QIC has purchased a strata titled retail investment, part of The Albany apartment complex, at Crows Nest. Over two levels, with 5294
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Centuria sheds Sydney office
Centuria has sold a Lower North Shore office purchased in 2006, when it was part of the Over Fifty Group
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Arcana swoops on B-grade city office
Arcana Capital has bought a Brisbane CBD office for about the same price it sold for 20 years ago. At
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Student accommodation giant buys Sydney site
Scape has picked up a permit-ready student accommodation site in Sydney’s inner south. The 2017 square metre State Significant Development
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Oreana divests trio of shops
Oreana has sold three new retail investments, part of the Farm Gate Local shopping centre, in Melbourne’s Clyde North. In
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Charter Hall bags another trophy Melbourne pub
In Victoria’s priciest pub deal this year, Charter Hall has snapped up the city’s Garden State Hotel, behind 101 Collins
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Bunnings trust selling Melbourne homemaker centre
BWP Trust is close to selling one of six assets seized with control of the Newmark Property REIT (NPR) early
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Woolworths buys another supermarket from landlord
EXCLUSIVE Woolworths has bought another supermarket from the landlord, this time in Melbourne’s east. The retailer is paying $16.35 million
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Dexus to co-develop landmark Boral site
Dexus will co-develop a landmark Melbourne site owned by Boral after a deal with Logos early last year didn’t proceed.
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Barings, Goodman trade west Sydney business park
Barings has settled on another industrial investment from Goodman. The Smithfield Industrial Estate, 28 kilometres west of Sydney, set it
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Investor doubles down in Windsor
An investor has outlaid $43.5 million for two neighbouring retail assets in Brisbane’s exclusive Windsor. In the most recent deal,
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NAB signs year’s biggest office lease deal
National Australia Bank has signed the country’s biggest office lease deal this year, renewing at its Docklands headquarters, held by
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EG buys east Melbourne business park
EG has quietly bought a Melbourne business park for its Private Wealth arm – and is selling a Queensland asset
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