Investa eyes pair of Dexus offices
Investa is understood to be in negotiations for a pair of east coast offices – a c$700 million outlay. The
Read more
Queensland
Boutique developer swoops on riverside Brisbane block
A second apartment site on the river in St Lucia has sold in a week – this one trading immediately
Read more
Dexus offloads Brisbane industrial estate
Dexus has sold a Brisbane industrial investment held just shy of 11 years. Corval with Japanese capital partner Kanden Realty
Read more
Ex-civic centre closer to redevelopment
The City of Gold Coast is seeking to sell the Nerang Administration Precinct and partner with the private sector to
Read more
Third Cairns hotel sells in five weeks
A third major Cairns hotel has traded in five weeks. The 10-level Acacia Court Hotel at 223-227 The Esplanade, on
Read more
Bottega snaps up waterfront apartment site
Bottega House has bought two neighbouring standalone homes on the Brisbane River with plans for a 15 storey apartment complex.
Read more
Billionaire buys Flight Centre, Virgin HQ
Billionaire Paul Lederer has agreed to buy the Southpoint office tower in Brisbane’s South Bank to seed a wholesale property
Read more
Developer swoops on neighbouring inner-Brisbane buildings
An under-utilised inner city commercial investment – two neighbouring office and retail buildings – has changed hands for the first
Read more
Ten level Telstra exchange sold, set for redevelopment
Cbus Property has bought Brisbane’s Edison Telephone Exchange, developed by the federal government in 1963. Sold by Telstra in 2019
Read more
Clive Palmer drops $18.5m for Gold Coast penthouse
Clive Palmer has bought another trophy Mermaid Beach property – this time a full floor sub-penthouse in a recently completed
Read more
ESR, Quintessential trade Brisbane office
ESR is crystallising a loss on the sale of a Brisbane office seized through its 2019 takeover of ARA Asset
Read more
Another Cairns hotel sold
Another major Cairns hotel has sold off-market. The Bay Village Tropical Retreat curried favour with a Sydney investor for a
Read more
Robin Khuda’s Onterra snares another warehouse
Robin Khuda’s investment vehicle Onterra has bought an office/warehouse from AsheMorgan. The 2.2 hectare asset, 62 Sandstone Place, Parkinson –
Read more
Goodman sells Brisbane warehouse
Goodman has sold a relatively small investment in the Brisbane TradeCoast precinct. The ASX listed developer and investor is banking
Read more
Growthpoint sells neighbouring Brisbane Airport leaseholds
Growthpoint has sold neighbouring leasehold investments, one which recently became vacant, in the suburb of Brisbane Airport. The buyer is
Read more
Natgen buys apartment site for alternative project
Natgen has bought a permit-ready apartment development site at Labrador, north of Surfers Paradise, with plans for an alternative project.
Read more
Clarence lines up SEQ aged care homes for new fund
Clarence Property has lined up four seed assets – paying $90.2 million – for an aged care fund. On the
Read more
Brisbane office/warehouse sold with a leaseback
National print business Ultra Labels has sold its Brisbane headquarters with a leaseback. The group banked $16.5 million for 65
Read more
Albion site sold for apartments
Lantona has snapped up a site near Crosby Park at Albion with plans for two apartment towers. The 5600 square
Read more
Brisbane growth corridor site sold for subdivision
Kingsmede has snapped up a Brisbane growth corridor site and applied for a 22-lot subdivision, and super-block. The 3.34 hectare
Read more
Taisei Kanko sells Cairns’ ex-Holiday Inn
Cairns’ former Holiday Inn, now the Harbourside Hotel, has sold. The local arm of the construction and hospitality division of
Read more
Mahil Group buys Royal Hotel Nundah
Lotana Property Investment has sold the c1888 Royal Hotel Nundah to the Mahil Group. Also recently trading as the Royal
Read more
Prominent Gold Coast servo fetches $10m
A busy Gold Coast service station once owned by the Lowe family, which founded Independent Fuel Suppliers, now owned by
Read more
Charter Hall lines up another Queensland mall
Laurence Lancini has sold a Capricorn Coast shopping his company developed 10 years ago. The 2.8 hectare Yeppoon Central is
Read more
Scifleet family sell sprawling car pre-delivery centre
The Scifleet family, which controls several south east Queensland Toyota car dealerships, has sold a sprawling outer north Brisbane property
Read more
Linfox signs major industrial lease deal
Arrow Capital Partners has filled a last mile logistics investment in Brisbane’s south west Heathwood. Linfox will move into 17,925
Read more
Natgen buys light industrial estate site
Natgen has bought a Gold Coast growth corridor site with plans for a light industrial estate. Actually two neighbouring properties,
Read more
Hot Tomato House sold after revamp
The Gold Coast office home to radio station Hot Tomato 102.9 FM has sold after a $2 million capital expenditure
Read more
Gold Coast medical centre collects $7.8m
A home converted medical centre with demolition clauses attached to the rental agreements has sold for $7.75 million. Also a
Read more
Nick Politis sells Gold Coast pub after a decade
A partnership including Nick Politis has sold Treetops Tavern after a decade. The large format hotel in Burleigh Waters traded
Read more
Government banks $9.6m for industrial site
Oly Homes has settled on neighbouring sites within the Sunshine Coast Industrial Park, being subdivided by the state government. The
Read more
Coles sells another new shopping centre
Coles Group Property Developments has sold another new Gold Coast supermarket with a leaseback – this time at Varsity Lakes.
Read more
Melbourne asset manager flips car yard after six months
Melbourne asset manager Plantation Capital has banked an impressive capital gain flipping one of two car yard investments bought six
Read more
Australia Post opens Brisbane’s largest air and speed parcel hub
Australia Post has opened its largest air and speed distribution centre, spanning 78,000 square metres. Capable of processing 250,000 parcels
Read more
Food and beverage convenience centre trades for $7.05m
A Brisbane private investor has sold a small neighbourhood shopping centre in the city’s north after nine years. The 3349
Read more
Ipswich housing, childcare centre site fetches $15m
SKF Development has acquired a 3.02 hectare site at Collingwood Park in Brisbane’s west. Stage 11 of the Forest View
Read more
Paul Gedoun picks up another Rainbow Bay site
S&S Projects has swooped on three neighbouring Coolangatta properties with plans for its biggest apartment complex. The local group, founded
Read more
Star Media buys into Australian office fund
Star Media Group Bhd has invested $35.5 million in an Australian office-focused fund targeting exposure to assets in Sydney, Melbourne,
Read more
Nic De Luca lists another piece of Berrinba Central
Deluca Corporation has listed a recently completed healthcare investment, part of Berrinba Central, in Brisbane’s south. The two level asset
Read more
Deka divests Brisbane office
Deka Immobilien Investments has sold a prominent Brisbane CBD office after six and a half years. Central Plaza II at
Read more
Cosgrove buys regional Queensland Harvey Norman
Banjo Bond’s Cosgrove Group has bought a part-revamped large format retail investment 130 kilometres south west of Brisbane. The 7502
Read more
Gold Coast aged care home sold on second attempt
The Gold Coast’s Cotlew Manor has sold after a buyer which bought the property at auction in October failed to
Read more
Brookfield offloads Brisbane BTR site
Red & Co has acquired a build to rent apartment development site from Brookfield Asset Management. The 7401 square metre
Read more
Sentinel records first “nil return” as retail trust winds up
Sentinel Property Group has sold the DFO Cairns shopping centre, with investors in the holding trust losing about $29 million.
Read more
Conquest buys waterfront Whitsundays site
Conquest Group founder Michael Akkawi, via a family office, Cedar Private, has bought his first significant Queensland site – on
Read more
Pikos buys three Newstead sites
Pedro Pikos bought three apartment development sites in Brisbane’s inner north east Newstead, outlaying a total c$60 million. The largest
Read more
Ascot snares Wagners portfolio
ASX listed Wagners Holding Company has sold three Queensland warehouses with leasebacks. The construction materials supplier banked $43 million for
Read more
Ipswich motel fetches record price
Deltine has settled on another regional hospitality investment for the High Yield Fund. The Country Motel Ipswich set it back
Read more
Queensland Officeworks trades for $14.5m
A northern Queensland Officeworks has changed hands following an expressions of interest campaign closing late last year. The Hermit Park
Read more
Trilogy sells Mackay warehouse after extension
Trilogy Funds has sold a Mackay industrial investment after eight years, an extension and revamp. The asset manager also renewed
Read more
Ghassan Aboud lists trophy hotel
Syrian billionaire Ghassan Aboud has listed one of Brisbane’s most distinctive luxury hotels after five and a half years. The
Read more
School buys ex-noodle house
A retail property in a tightly held Asian hospitality precinct has sold to an adult education provider which plans to
Read more
Mackay childcare centre trades at 5.8pc yield
An Imagine Childcare and Kindergarten backed essential services investment in Mackay’s north Andergrove has sold. The $6.45 million result for
Read more
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
Read more
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.
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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.
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
Ausbuild snaps up permit-ready townhouse site
Ausbuild has snapped up a two hectare townhouse site in Brisbane’s northern growth corridor while Abri Property has shed an
Read more
Westbridge buys another Queensland medical centre
Westbridge Funds Management has acquired its second Queensland healthcare investment, paying $18.4 million for the Hermit Park Medical Centre in
Read more
Mitsubishi buys into luxury Brisbane apartment project
Mitsubishi Estate Asia Pte Ltd has acquired a stake in a Brisbane luxury apartment project being developed by McNab Group.
Read more
Site chosen for Australia’s first Trump Tower
The family office of US President Donald Trump has struck a deal for its first Australian Trump Tower, reviving plans
Read more
Coles buys into $1.1b housing estate
Coles Group has bought a prominent town centre site at south west Brisbane’s Everleigh estate, which is about a third
Read more
Metro swoops on housing estate site
Luke Hartman’s Metro has swooped on a Logan growth corridor site opposite Mirvac’s $1.1 billion Everleigh estate. Spanning two hectares
Read more
German pension fund divests east coast shopping centres
Germany’s biggest pension fund, also the primary administrator for the country’s public sector, has quietly sold three east coast shopping
Read more
HMC Capital sells two Queensland HomeCo assets
HMC Capital has settled the sale of HomeCo Bundall on the Gold Coast for $41.5 million. The 1.65 hectare site
Read more
IFM sells ex-Myer Centre stake
IFM Investors has sold the majority stake in Brisbane’s Uptown, formerly the Myer Centre, seized when it took over ISPT
Read more
Aldi pre-commits to landmark Melbourne distribution centre
Aldi has pre-committed to a landmark 102,000 square metre high-tech distribution centre in Melbourne. Charter Hall on behalf of the
Read more