NRL buys two more east coast investments
The NRL has snapped up two more hotels as part of a plan to diversify income streams. In New South
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Real Estate News
Melbourne Racing Club, school seal $195m land deal
The Melbourne Racing Club has quietly struck an agreement to sell a seven hectare parcel, part of the Caulfield Racecourse,
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Perth office fetches $75m from Indonesian investment manager
RF Corval has sold a Perth CBD office after nearly six years. Worth $75 million, the fund manager and developer
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Dexus divests Melbourne container handling hub
EXCLUSIVE Dexus is selling a landmark west Melbourne container handling facility bought after the city’s COVID lockdowns. The seven hectare
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Dustin Martin sells terrace after auction
Footballer Dustin Martin sold an Albert Park investment after auction on Saturday. The three bedroom terrace, 43 Kerferd Road, is
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Fund manager flips ex-Michael Hill HQ
Alceon is reaping an impressive capital gain divesting an east Brisbane office held two and a half years. The two
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Denis Napthine accepts early offer for Melbourne bolthole
Former state premier Denis Napthine and his wife, Peggy, have sold their Melbourne bolthole before auction. The three level terrace
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Woolworths buys, sells anchored malls
Woolworths has bought and sold shopping centres it anchors east and west of the country. In a significant deal, the
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ISPT secures balance of Mornington mall
ISPT has bought the half stake it didn’t control of a Mornington shopping centre. For the ISPT Retail Australia Property
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Union digs deep for city fringe office
EXCLUSIVE The Australian Education Union of Victoria has snapped up a prominent city fringe office to occupy. The South Melbourne
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Banjo Bond fills chunk of homemaker centre
Cosgrove Group has filled a major vacancy at a north east Perth homemaker centre (pictured, top) bought last April. 4WD
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James Packer, Time & Place buy historic warehouse to repurpose
A historic Surry Hills warehouse once occupied by David Jones has sold to James Packer and Time & Place, which
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Brookfield snaps up boutique hotel
Brookfield has quietly snapped up a three year old boutique hotel in Brisbane’s Fortitude Valley. The Canada based asset manager
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Bus making plant turned distribution centre fetches $22m
Centennial has turned an impressive profit selling the ex-Custom Coaches manufacturing plant and repair centre after three years, a repurpose
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Another fast food chain chooses inner east for HQ
Guzman y Gomez is the latest fast food chain to choose Melbourne’s inner east for a base. The Mexican restaurant has
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Red Cross commits to ex-Victoria Police HQ
The Australian Red Cross has signed a major office lease deal in Melbourne’s inner west, where it is familiar. The
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Taverners banks $36m from Melbourne childcare centres
Taverners Group, the investment office of ex-Patrick Corporation co-owner, Peter Scanlon, is banking $35.5 million from the sale of three
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Local brothers snare Luna Park Sydney
Brookfield has sold Luna Park Sydney to Oscars Group, led by local brothers, Bill and Mario Gravanis, which is planning
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Sydney pub baron buying another Melbourne site: sources
Billionaire pub baron Justin Hemmes is speculated to be buying another east end Melbourne CBD property with longer term plans
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Apartment developer doubles down in Coburg
Another piece of Coburg’s former Pentridge Prison – now a master-planned, residential-based mixed use village taking shape in stages –
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Former Lendlease executives snare Melbourne warehouse for apartments
A boutique apartment builder led by former Lendlease development director, Tim Campbell, and development manager, Stuart Kacir, has snapped up
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Tasmania’s first billionaire snatches another Melbourne site
A company owned by Elpinston Group, co-directed by Dale Elphinston, who in 2019 became Tasmania’s first billionaire, has leased a
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Dexus sheds two more offices
Dexus has sold two more east coast offices for a total $443.2 million. In the biggest deal – just –
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RAM takes hit with medical centre sale
Real Asset Management has suffered a loss selling a South Lake healthcare investment after two and a half years. The
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Good Beer Co picks up historic Sydney pub
John Azar’s Good Beer Co has bought Sydney’s Edinburgh Castle Hotel a year after the close of an expressions of
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Victorian public servants in the black following Bunnings disposal
An unlisted fund backed by VFMC – which manages annuity on behalf of 32 Victorian public authorities and related organisations
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HMC sheds growth corridor retail investment
HMC Capital, on behalf of the HomeCo Daily Needs REIT, has sold a large format retail investment at Vineyard –
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Charter Hall accepts discount for Canberra office
Charter Hall has sold a Canberra office acquired after the national lockdown. The federal government backed Doris Blackburn Building at
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Singapore fund divests Wollongong mall
Singapore listed Paragon REIT and MA Financial have divested a regional shopping centre for a touch over book value but
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Brutal blow for AU with Melbourne office sale
Australian Unity has sold the final asset from the Office Fund (AOF). The manager is taking a major hit –
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