Deltine adds $12.2m asset to motel fund
Deltine Capital has acquired a Central Queensland asset for $12.2 million, taking its High Yield Motel Fund’s reported value beyond
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Queensland
Ausbuild buys another Brisbane housing site
Ausbuild, since September majority owned by Japan’s Sekisui House, has bought a Logan Reserve low-density residential development site. The 2.02
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Gold Coast office value jumps 83pc in three years
A Gold Coast office leased to ASX-listed education group NextEd has sold for $15.25 million. The three-level building at 56
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Fund manager picks up $23m Brisbane gym, medical centre
Benstead Holdaway has snapped up a Goodlife-anchored healthcare investment in Brisbane, held 20 years. The 8942 square metre property at
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Joel Parkinson cashes in on Rainbow Bay apartment sale
Joel Parkinson has turned a $6.85 million apartment purchase into a $15.36m sale, six years on. The surfing champion and
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Metro snaps up final stage of Brisbane’s Brickworks Park
Metro Property Development has acquired the final residential stage of Brisbane’s Brickworks Park. The seller was Singapore-backed CDL Australia. The
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Operators trade historic Rockhampton hotel
Rockhampton’s historic Criterion Hotel has changed hands for the first time in 35 years. Waymark Hotels Group is the buyer.
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Charter Hall secures site for AFP’s new Brisbane base
EXCLUSIVE Don O’Rorke has stitched together three inner-city Brisbane blocks, won approval for a 10-level office, secured the Australian Federal
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Carmdev buys $21.25m Brisbane industrial site
Carmdev has paid $21.25 million for a development site in the Yatala Enterprise Area. A 12,600 square metre industrial estate
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Ausbuild buys outer-north Brisbane housing site
Ausbuild – a 51 per cent stake in which sold last month to Sekisui – has added another residential development
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Garda sells down portfolio to focus on lending
Charter Hall is set to acquire six Brisbane industrial properties for $300 million. The seller is Garda Property Group which
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Mathieson, Perich expand into new markets
Pub and property investor Bruce Mathieson is backing an $800 million development outside Brisbane, while the Perich family prepares to
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Spotlight buys $30m site beside Dreamworld
Spotlight Property Group has paid $30 million for a prominent block beside Dreamworld. A retail centre is planned for part
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Rodeo turns visitors into property buyers: agent
The annual rodeo and campdraft are introducing prospective buyers to the Southern Downs, with some visitors returning to purchase rural
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Alceon, Mirvac trade $124m Brisbane office
Alceon has struck a $124 million deal for Mirvac’s 410 Ann Street office complex in Brisbane. An upgrade of the
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Logistics giant sells distribution centre with a leaseback
Allegro Funds-backed Team Global Express has sold a sprawling Brisbane industrial investment with a 10-year leaseback. The $44 million result
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Maroochydore op shops sold, set for 18-level apartment towers
Cleighton Clark has bought two neighbouring Maroochydore op shops with plans for 18-level apartment complexes, 23 metres over the height
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Brisbane retail centre sells for $7.3m
A fully-leased neighbourhood retail centre in Brisbane’s west has changed hands after 23 years. Windermere Village at 21 Goggs Road,
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Regional Queensland medical centre trades for $11m
A purpose-built medical centre 210 kilometres west of Brisbane has sold for $10.8 million – a 7.3 per cent yield.
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Union buys former union HQ
EXCLUSIVE The former Queensland headquarters of the Australian Liquor, Hospitality and Miscellaneous Workers’ Union has quietly sold to another union.
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Toowoomba pub sold after 40 years
The Bowly family has sold Toowoomba’s Southern Hotel after four decades. Following an off-market campaign, the Kearney Spring property traded
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Taiwanese supplements giant buys $81m Brisbane office
A Taiwan-based health supplements group has paid $81 million for a South Brisbane office – its second Queensland acquisition this
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Historic pub, Dan Murphy’s fetches $13.5m
A prominent historic pub and neighbouring Dan Murphy’s in Brisbane’s inner-west have sold for $13.5 million. The result for the
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Brisbane manufacturing plant sells for $17.4m
A sprawling Brisbane industrial investment has sold to Seymour Group. The $17.4 million result for 44-56 Potassium Street, Narangba, reflects
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Sobha Realty buys maiden Australian sites
UAE developer Sobha Realty has acquired residential development sites in Brisbane and on the Gold Coast as it prepares to
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Eureka sells down Cairns villages, buys into Townsville
Eureka Group Holdings is changing its ownership mix across four North Queensland seniors rental villages. The group has sold down
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Brisbane warehouse trades for $17m
A Brisbane TradeCoast industrial investment has sold for $16.833 million – a 5.55 per cent net passing yield. The Pinkenba
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AVC strikes three-asset hotel swap deal
Australian Venue Co has traded two pub leaseholds for a freehold – all in Queensland. Helliwell will take full ownership
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Brisbane industrial investment flipped after 20 months
Lindum Property Partners and Stamford Capital Investments have sold a Brisbane industrial asset – 20 months after acquiring it. The
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Developer swoops on Morayfield amalgamation
Fairland has paid $22 million for a Brisbane growth corridor housing estate site. Actually two separated but nearby blocks –
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Gina Rinehart buys Brisbane HQ for One Nation
Gina Rinehart has bought a Brisbane office with the politically ascendant One Nation set to part-occupy. As we reported in
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Centuria sells investment after leasing campaign
Centuria has sold a multi-building industrial investment after initially appointing agents to lease two tenancies. The relatively small property, 43
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Not-for-profit sells sensitive Story Bridge site
Brisbane Ethnic Community Radio 4EB has sold part of its Kangaroo Point headquarters in a development-sensitive area beside the Story
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Dexus, Westbridge trade $43m medical centre
EXCLUSIVE Dexus has sold a three-building mixed-use essential services investment four years after acquiring, upgrading and fully leasing it. Through
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Quanta sells-down maiden asset
Two Yamanto convenience investments have sold for a combined $9.655 million after a subdivision strategy that Quanta Investment Funds began
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Garda sells IOS investment after unexpected vacancy
Garda Property Group has agreed to sell a major Brisbane industrial site, with almost all proceeds to repay debt. The
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Redcape sells two pubs to one operator
MA Financial-managed Redcape Hospitality has sold two Townsville pubs. The Hermit Park Hotel and The Sun Hotel in Mundingburra collected
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AVC snares two Queensland hotels
Australian Venue Co has bought two prominent Central Queensland hospitality leaseholds off-market. In Rockhampton City, the group is taking control
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Not for profit buys South Brisbane office
Micah Projects has bought a South Brisbane office building. The not-for-profit outlaid $9,500,854 for 6 Cordelia Street. On 911 square
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Government-owned developer buys intermodal site from mortgagee-in-possession
EXCLUSIVE Federal government-owned logistics developer National Intermodal has acquired a 170.8-hectare industrial site in south east Queensland’s primary inland freight
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Mathieson heirs extend Queensland buying spree
Black Rhino Group, led by Melbourne’s David Tomsic and wife, Deborah Mathieson-Tomsic, have snapped up a prominent Fraser Coast hotel
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Hale flips Brisbane industrial asset after 14 months
Hale Capital has sold a Brisbane industrial investment 14 months after buying it from Dexus. At Acacia Ridge, 30 Bellrick
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K’gari resorts sold for $145.8m
Kelsian Group is offloading its K’gari resorts and tourism operations to Journey Beyond as part of its exit from Australian tourism. The deal includes Kingfisher Bay Resort
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Brisbane investor buys land-rich Toowoomba asset
Crop nutrition and protection company Tanuki has sold its Toowoomba headquarters with a part-leaseback. The 4.04 hectare holding, 27 Heinemann
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Charter Hall, Tokyo Tatemono, UBS AM strike logistics pact
Japanese real estate group Tokyo Tatemono with Switzerland-based UBS Asset Management have teamed with Charter Hall for an investment vehicle
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Centuria sells Queensland shopping centre
Centuria has sold another shopping centre seized with its takeover of Primewest five years ago. Sydney-based Manning Property Partners Group
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Anthropic signs first Australian data centre deal
Anthropic has signed its first Australian data centre agreement, committing to the first stage of a $31.9 billion hyperscale campus
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Homecorp pays $30m for housing estate site
A housing estate in the planning system for eight years will finally take shape with the site selling to developer
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State finds buyer for Brisbane growth corridor housing site
The state government has found a buyer for a 3.55-hectare Brisbane growth corridor site marketed for its potential to yield
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Dexus doubles money on Brisbane logistics sale
Dexus has sold a north Brisbane logistics facility for almost double what was paid in 2014. The 1.9 hectare investment,
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GPT buys $380m office for US-backed partnership
GPT has snapped up a Brisbane CBD office for the same $380 million the vendor paid seven years ago, through its value-add partnership backed by US investment house
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End of an era as developer buys Australia’s longest-running nightclub
Brisbane’s Beat Megaclub – said to be Australia’s longest-running nightclub – has finally sold. The three neighbouring properties, 669, 671
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New LFR centre fetches $34m
POD Developments has sold a recently completed large-format retail centre in Brisbane’s south west for $33.85 million. Richlands Home &
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Stockland banks $21m for childcare centres
Stockland has sold two recently completed Sunshine Coast childcare centres. In the biggest deal, Green Leaves Early Learning Birtinya traded for
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Developer lands Brisbane site after 120-year hold
EXCLUSIVE Azure Group has snapped up a south-east Brisbane site offered for the first time in 120 years. The 1.06
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State hands Northshore Hamilton contracts to five developers
The state government has selected five developers to deliver nearly 2200 apartments across five sites spanning 6.1 hectares at Northshore
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Brisbane gaol precinct gets new retail centre
Developer Stockwell has completed a new retail centre within the former Boggo Road Gaol precinct, three kilometres from Brisbane’s CBD.
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Asset managers trade two south-west Brisbane industrial estates
ESR is selling two south-west Brisbane industrial estates to asset manager CapPru for $73.8 million. The priciest investment, 57-101 Balham
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Celebrity gardener joins $180m Gold Coast project
Bastion Group has submitted plans for a 30-storey terracotta-coloured apartment tower on the Gold Coast. Dubbed Surfer, the $180 million
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Two-storey office sold for 20-level apartment tower
A Brisbane developer has bought a two-storey office with plans for a 20-level apartment tower. TRK Group, founded by the
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Outdoor products distributor doubles Brisbane footprint, again
Urban Direct has doubled its Brisbane footprint – again. The Perth-based outdoor and home-improvement products distributor has leased a 3167
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Frank lines up fourth Teneriffe project
Frank Licastro has lodged his fourth development application in Teneriffe – Brisbane’s priciest suburb measured by median value. Via Frank
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Charter Hall confirms $192m in industrial deals
Charter Hall has confirmed the purchase of three Brisbane industrial investments for a total of $192.4 million. The two priciest
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Brisbane boatbuilding facility trades off-market
Another waterfront asset in Brisbane’s Australia TradeCoast precinct has sold. Offered with a leaseback, the Murarrie asset, 39 Rivergate Place,
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Ormed sells town centre after adding Aldi
Ormed Investments has sold a Gold Coast town centre after more than two decades and an overhaul that included adding
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API sells Spring Hill HQ to Gina Rinehart
The Australian Post-Tel Institute (Queensland) has sold its long-held Spring Hill headquarters with a part-leaseback. API Leisure & Lifestyle, as
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NRL buys QRL headquarters from Centuria
Following an off-market deal, the Australian Rugby League Commission has added another inner-city Brisbane investment to its fast-growing portfolio. The
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MA, Vicinity trade retail investments worth $169m
MA Financial has confirmed the purchase of two east coast retail investments. Vicinity is the seller. As realestatesource.com.au reported last
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Wahlburgers shuts four Australian outlets
Four of six Australian Wahlburgers restaurants have shut leaving Mark Wahlberg’s burger chain with two local sites. The closures include
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Forza sells Spring Hill office
Forza Capital has sold an inner-city Brisbane office held nearly five years on behalf of a single-asset fund. The Melbourne-based
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ART buys another Westfield shopping centre stake
Australian Retirement Trust has agreed to buy into a second Westfield shopping centre. The 50 per cent interest in Westfield
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Zerra files plans for $31b data centre campus
A 725-hectare cattle station in Queensland’s Western Downs is being lined up for one of Australia’s biggest digital infrastructure developments,
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Government sells sprawling asset with a leaseback
EXCLUSIVE Australia Post has sold a third asset from a $400 million-plus portfolio offered in March with a leaseback. Developer
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Australia Post sells $70m distribution centre with a leaseback
EXCLUSIVE Australia Post has sold a second distribution centre offered in March as part of a $400 million-plus portfolio with
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Vicinity clears another asset in premium push
Vicinity has sold a Brisbane shopping centre held since 1998. In reporting today, the group said it will bank $120
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CPG, CVS sell Ipswich shopping centre
Don O’Rorke’s Consolidated Properties Group and the Liberman-family backed CVS Lane Capital Partners have sold another south-east Queensland shopping centre.
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Abedians buy Gold Coast apartment site
EXCLUSIVE The family behind Sunland and the luxury ex-Palazzo Versace hotel has added another development site to its Gold Coast
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Charter Hall swoops on two malls and a Bunnings
Charter Hall is breaking up a south east Queensland retail portfolio assembled by Consolidated Properties Group and CVS Lane Capital
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Mintus buys Brisbane shopping centre for $62.5m
Mintus has snapped up a south Brisbane shopping centre on 4.1 hectares. The private investment firm is paying $62.5 million
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Urquhart expands Brisbane site for food market
Brisbane-based private investor Stuart Urquhart has quietly snapped up a low-rise office beside another he bought in January – shelving
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