Merivale spends c$200m on adjoining Sydney buildings
Justin Hemmes’ Merivale is picking up four adjoining historic Sydney CBD buildings from Kirk Tsihlis’ TrueGreen Group, which spent two
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Real Estate News
Ryman scoops inner-north block for $350m mixed-use village
Ryman Healthcare will develop its biggest Australian project yet on an inner north Melbourne site (shaded red, top) purchased for
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Amber snares Abbotsford, Geelong hotel sites
Amber Property Group, a hotel developer backed by former Holden dealer Geoff Brady, has snared two more Victorian sites for
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Carsales founders bank $60.25m from office
A syndicate including carsales.com.au founders Greg Roebuck and Wal Pisciotta has sold a Mount Waverley office to the $6.7 billion
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Dustin Martin, Ralph Carr buy, lease in Richmond
AFL footballer Dustin Martin and his manager, Ralph Carr, have added a sixth adjoining Butler Street, Richmond, property to their
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Endeavour snaps up Darwin beach pub
The recently listed Endeavour Group has snapped up Darwin’s Beachfront Hotel. On 7000 square metres at 342 Casuarina Drive, Rapid
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Metricon slams collapse rumours, asserts growth
Speculative media reports linking the suicide of Metricon co-founder Mario Biasin to a potential company collapse have forced acting managing
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Row of Williamstown banks collects c$13m
A row of three Williamstown banks has sold for a speculated c$13 million, which would reflect a 3.5 per cent
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Natgen seeds fund with Inverell mall
Brisbane based fund manager National & General Group, or Natgen, will seed its first interstate trust with a regional New
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Hines picks up third Australian BTR block
Hines has acquired its priciest Australian Build to Rent site yet, at South Melbourne. The 3366 square metre parcel covering
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Little Collins Street Deco fetches $8.45m
Lawyer Peter Vodicka has sold a small Little Collins Street investment held for 26 years. An as yet undisclosed private
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Barwon secures Princess Alexandra Hospital car park
Barwon Investment Partners, as manager for the Healthcare Property fund, has snapped up a multi-level car park and medical centre
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Hawks, Feldman bank record $85m for hotel
Bill and Mario Gravanis are paying $85 million for Caroline Springs’ WestWaters Hotel & Entertainment Complex. The lakeside asset is
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Stockland buys into Curlewis
Stockland has invested again around Geelong, picking up a Curlewis farm with plans for a Land Lease Community and traditional
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Royal Freemasons sell Armstrong Creek site
Royal Freemasons Homes of Victoria has sold a prominent Armstrong Creek site held for five years. At 45-67 Central Boulevard,
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Goodman secures another Alexandria site
Goodman Group has purchased another Alexandria bulky goods complex from Greg Karedis and Peter Cortis-Jones’ Arkadia. The 3.438 hectare Alexandria
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Vale Metricon co-founder Mario Biasin
Mario Biasin, who co-founded Metricon Homes in 1976, died this morning, aged 71. He was understood to have been suffering
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Sentinel spends $20.9m for maiden SA asset
Sentinel Property Group is paying $20.9 million for its maiden South Australian investment – the five level office component of
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Ex-rugby player shares in $10m pub spoil
Co-host of SEN Sydney’s Drive show, former rugby player, Bryan Fletcher, is part of a syndicate banking c$10 million from
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Feros swoops on Wagga Wagga pub
The Feros Group is outlaying close to $10 million for the Red Steer Hotel Motel, five kilometres north of Wagga
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Offshore developer acquires Junction Village block
An offshore developer has snapped up a permit-ready low density housing site at burgeoning Junction Village. Known as 41S Craig
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ISPT appoints new CEO
Chris Chapple (pictured, top) will replace Daryl Browning as ISPT chief executive officer at an as-yet-undisclosed date, expected to be
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Health giant leases ex-Bauer HQ
Monash Health has leased the 2000 square metre Oakleigh office occupied for most of the last three decades as Bauer
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ISPT digs deep for another Sunshine Coast mall
ISPT has acquired another mid-size Sunshine Coast shopping centre, this time for $30.5 million. The fully leased Caloundra Village, 20
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Mirvac swoops on lakeside Melbourne block
One of two undeveloped Queens Road sites – dubbed by agents as the street’s “missing teeth” – has sold for
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MAB snares 45ha Melbourne employment site
MAB Corporation has snapped up three adjoining Thompsons Road, Cranbourne East, sites with plans for a $400 million logistics park.
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Redcape divests Cremorne hotel for $39m
MA Financial backed Redcape has sold Cremorne’s Minskys Hotel after two decades. The freehold going concern for the asset, which
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Woolworths lists NSW South Coast asset
Woolworths has listed another near-new mall it anchors, this time on the NSW South Coast. The Bomaderry Shopping Centre, on
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Sydney hotel sells for record $530m
The recently refurbished Hilton Sydney has sold for c$530 million, a record price for an Australian hotel. Baring Private Equity
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Gravanis brothers buying Casino Canberra
Aquis Entertainment has entered an agreement to sell Casino Canberra to Bill and Mario Gravanis’ Oscars Hotels. The $52 million
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