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
Read more
Queensland
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
Investors trade another Mercure
Sydney-based investors have traded another Mercure motel – this time in Queensland. The 74 room guesthouse on 4757 square metres
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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,
Read more
Alfasi family sell Brisbane base with a leaseback
Alfasi Hire has sold an Australia Trade Coast workshop and storage yard with a leaseback. The Alfasi family business is
Read more
Bank turned health hub trades for $8.8m
A second sizeable Caloundra CBD property has sold in as many weeks. The ANZ Business Centre and bank, now a
Read more
Porter family sell outgoing Mitre 10 store
Clover Property Partners, a retail investment fund led by ex-agency directors, Mark Wizel and Lewis Tong, has snapped up a
Read more
Growthpoint JV buys another asset
Growthpoint has added another investment to the Australian Logistics Partnership, majority owned by TPG Angelo Gordon. The 2.4 hectare Bundamba
Read more
Dexus ups stake in Australia’s second biggest mall
Dexus has bought another 25 per cent stake in Westfield Chermside from SCentre Group. The deal is worth $683 million
Read more
Charter Hall lines up three more malls
Vicinity is speculated to be selling three of its smaller regional shopping centres to Charter Hall for a total c$250
Read more
Arcare buys another development site
The Knowles family’s Arcare has bought another development site, this time in Brisbane’s Moreton Bay. The Melbourne-based boutique aged care
Read more
Ausbuild buys another Brisbane site
Ausbuild has bought its second Brisbane development site in as many months. The 2.18 hectare parcel, 260 and 280 Ridley
Read more
Developer drops $12m for Toowoomba block
Boldstone has bought another Toowoomba housing estate site. The Brisbane based builder paid $12.15 million for the four hectare block,
Read more
Billionaire family buy landmark mall, hotel
Forest Endeavour, controlled by the billionaire Lin family, also owners of Shayher Group, has snapped up a landmark Surfers Paradise
Read more
EG sells Gold Coast’s Forum site
EG Funds has sold Surfers Paradise’s prominent Forum complex after deciding against replacing the site with two towers, of 72
Read more
ISPT banks $230m from office stake
ISPT has sold a half interest in a prominent Brisbane’s CBD skyscraper, ending 18 years of sole ownership. Singapore-based Aravest,
Read more
Record price paid for ex-CQU office
A rural office – years ago owner-occupied by Central Queensland University – has sold for the list price. The result
Read more
RM Capital drops $20m on Sunshine Coast offices
RM Capital, the investment management arm of RM Developments, has bought two Sunshine Coast offices. In the biggest deal the
Read more
Amart founder sells triple supermarket anchored mall
Charter Hall has bought another triple supermarket anchored mall, this time on the Gold Coast. Southport Park Shopping Centre was
Read more
Developer doubles money on Sunshine Coast block
Henzell Property has sold a waterfront Sunshine Coast development site after four and a half years. The local builder has
Read more
Mapletree fills chunk of ex-Coles distribution centre
Mapletree has filled the bulk of the ex-Coles Forest Lake Distribution Centre, which it bought for $102 million in 2018
Read more
Council sells ex-golf course
The City of Moreton Bay has sold the Albany Links Golf Course, which closed in 2019. The 7.95 hectare U-shaped
Read more
Tavner family sell Doors Plus portfolio with leasebacks
The Tavner family has sold 12 Doors Plus outlets with leasebacks. The c$30 million deal comes six months since the
Read more
Drake family buys mall from landlord
The owners of independent supermarket chain Drakes have bought Gympie Marketplace from the landlord. The 7888 square metre complex, with
Read more
Greystar profits from industrial on sale
Greystar has sold one of three industrial properties bought in 2022 from Brisbane construction boss Brett Walker. The US investment
Read more
Apartment developer buys South Brisbane site
Sherpa Group has paid $14.9 million for a South Brisbane site. The Gold Coast based developer has already lodged plans
Read more
Bank of Queensland shifts HQ back to town
The Bank of Queensland, which also controls the Virgin Money brand, will move headquarters to the CBD after 10 years
Read more
Hale secures Brisbane, Sydney industrial investments
Hale is buying two more industrial investments. In the biggest deal, the asset manager and developer is in due diligence
Read more
School flips historic homestead after slicing yard
The exclusive Brisbane Boys’ College has sold the historic Goldicott House after slicing off a 6629 square metre chunk to
Read more
Mirvac sells site of flooded shopping centre
Mirvac has sold the site of the Toombul Shopping Centre, damaged in the 2022 floods and never reopened. The asset
Read more
Cadence, CapitaLand trade $102m distribution centre
EXCLUSIVE CapitaLand Ascendas REIT has quietly sold a major Brisbane industrial investment held a decade. Charlie Buxton’s Cadence Property Group
Read more
Exceed reweighs portfolio
Exceed Capital has sold its first investment – a retail centre bought in 2017, in Brisbane’s outer south east. The
Read more
Queensland Quest trades for $14.2m
Another Quest backed investment has sold, this time at Ipswich. The 4-star serviced apartment complex at 57-63 Warwick Road was
Read more
Singapore group buys, rebrands Brisbane hotel
The Jaleel family’s JD Property has bought its fourth Australian hotel – outlaying $34 million. The 4-star George Williams in
Read more
Gordon Corp sells Morayfield Village
Gordon Corp has sold a Moreton Bay large format retail complex bought five years ago from Kaufland. The Gold Coast
Read more
Council sells newly formed block
Brisbane City Council has sold a block of land created from a Moggill Road realignment, at Indooroopilly. The 4637 square
Read more
Not for profit banks $24m from site
The Endeavour Foundation has sold a Toowoomba estate bequeathed to it. The 8.55 hectare rectangle shaped holding, 542-558 Hume Street,
Read more
Perth asset manager buys maiden Mackay sites
Baron Vanilla has bought maiden Mackay properties outlaying a total $35 million. The biggest, 25 John Vella Drive, Paget, set
Read more
Developer sells Windsor Exchange
Griffith Group has sold the two year old Windsor Exchange, about 3.5 kilometres north of Brisbane. The large format retail
Read more
Another Noosa shopping centre sells
OzProp has sold a Noosa Heads shopping centre held nine years for a fund. Noosa Junction Plaza at 81 Noosa
Read more
Prominent Brisbane pub fetches $50m
The Farquar family has sold the Caxton Hotel freehold going concern after 28 years. The Brisbane pub is believed to
Read more
Hotel owner quietly buys neighbouring sites
Singh Enterprises has quietly snapped up sites either side of the Mercure Spring Hill, which it bought last year. The
Read more
Charter Hall fund boosts Bunnings portfolio
Charter Hall has bought four Bunnings outlets for the Retail REIT (CQR) – outlaying a total $151 million. Two were
Read more
Nick Politis sells heritage Brisbane building
Nick Politis has sold Brisbane’s historic Heckelmanns building after nearly 10 years. The Sydney Roosters chairman is banking $19.4 million
Read more
Growthpoint sells Petrie Terrace’s The Barracks
Growthpoint has sold Petrie Terrace’s The Barracks mixed use complex, picked up with its takeover of Fortius Funds Management three
Read more
Perth caravan park, Queensland Mercure find buyers
ASX listed Eureka Villages has swooped on another caravan park, this time in outer south east Perth. Hillside Garden Village
Read more
Developer buys $40m growth corridor block
Ausbuild is the latest developer to buy a Logan growth corridor block. The local outfit has outlaid $40 million off-market
Read more
Hotelier makes it 10 in Queensland
Sean and Dan O’Hara have sold the Gracemere Hotel, south of Rockhampton, after two years. The brother’s O’Hara Hotel Group,
Read more
Toowoomba motel, cabins sold after 30 years
A sprawling suburban Toowoomba hotel and caravan park has sold to an operator. The two hectare Jeffery’s Motel in Kearneys
Read more
Redcape buys historic Brisbane pub
Redcape Hospitality has snapped up the c1864 Plough Inn in South Brisbane’s South Bank. The 89 year leasehold deal is
Read more
Investors drop $12.5m for Hungry Jack’s restaurants
Investors dug deep to secure two regional Hungry Jack’s restaurants this month. In the biggest deal, a 14 month old
Read more
Inner Brisbane apartment site trades for $22m
A prominent site at the east edge of Newstead’s Longland Street commercial precinct sold off-market this month to a local
Read more
Asset managers trade near new Brisbane industrial investment
Fife Capital and QIC have sold a two year old industrial investment in Brisbane’s north Geebung. The 3.5 hectare asset, 405
Read more
AsheMorgan flips industrial investment
AsheMorgan has sold one of three properties acquired as a portfolio early last year from CapitaLand. An occupier bought 77
Read more
Ex-Village Bardon site sold, leased
Pradella has sold a commercial asset until recently known as Village Bardon. The vacant property, 63-65 MacGregor Terrace, Bardon, will
Read more
99 Bikes portfolio offered with a leaseback
Postscript: these properties sold for a combined $17.25 million at auction. Eight more 99 Bikes stores are being offered with
Read more
Quanta secures Warwick warehouse
Quanta has quietly bought a recently refurbished and let industrial investment in Warwick’s Morgan Park. The 2.17 hectare property, 56
Read more
Properties & Pathways sell piece of homemaker centre
Properties & Pathways has sold an Ipswich large format retail investment held nine years. Part of the Booval Homemaker Centre,
Read more
Government appoints developer for $100m project
The Crisafulli government has appointed Ignite Projects to develop a gateway Gold Coast site, at The Spit. Branded The Isles,
Read more