Interstate investor snaps up Kedron industrial sites
A Sydney investor has purchased a 1.67 hectare amalgamation of industrial properties at Brisbane’s north Kedron. The sites, 531A-537 Gympie
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Queensland
Miami shopping centre earns $9.1m from local
A Gold Coast investor is paying $9.1 million for the Miami Village shopping centre. The price for 110 Mountain View
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Ascendas banks $125.1m from three logistics investments
Ascendas Reit has agreed to sell three east coast industrial investments for a total of $125.1 million. The disposals –
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Ormeau warehouse, servo trades for $23m
Xiao Honh (Jane) Darvezina has paid $23 million for an industrial investment at Ormeau – about 35 kilometres north west
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ESR, Goldman Sachs selling State Law Building
ESR and Goldman Sachs are understood to have sold a government-backed Brisbane CBD office to Hines. The State Law Building
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HPI, AVC snare five more Queensland pubs
A fortnight after paying the Scanlon family $10.45 million for Marcoola’s Surfair Beach Hotel, ASX-listed Hotel Property Investments has acquired
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AU spends $65m on retirement homes, land
Australian Unity is paying $65 million for Greengate’s aged care and retirement living portfolio. The deal includes three modern, operational
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Australia’s largest regional art gallery opens
Gold Coast’s HOTA Gallery (pronounced ‘hotter’) opened this month. The $60.5 million facility supersedes The Art Gallery of Ballarat as
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GARDA spends $30m to treble industrial pipeline
GARDA Property Group is spending $30 million on three Brisbane industrial sites with plans for 128,000 square metre of product
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HomeCo sells retail, buys social infrastructure investments
Home Consortium (HMC; HomeCo) has spent $133.2 million on three more social infrastructure assets to seed its HealthCo REIT. The
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Silverstone buys underutilised South Brisbane site
Silverstone Developments has paid $11.5 million for a South Brisbane office/warehouse with high rise upside. The purchaser paid cash for
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Aventus sells Macgregor Home after five years
Stirling Property Funds is acquiring a south Brisbane homemaker centre from Aventus Group. The deal for Macgregor Home at 555
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APN adds six Queensland servos to convenience fund
APN Funds Management has spent $59 million on six Queensland service stations. The deal reflects a blended 5.5 per cent
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Scanlon family sell Sunshine Coast hotel for $10.45m
Hotel Property Investments is paying the Scanlon family $10.45 million for the Surfair Beach Hotel near Maroochydore. The incoming owner
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Fortius buys Brisbane office
LaSalle Investment Management is selling a Brisbane CBD office for $210 million. The Chicago group spent $142.15m on 307 Queen
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Van Lieshout expands Macgregor holding with $17.5m outlay
Amart Furniture founder John Van Lieshout has spent $17.5 million on a Macgregor large format retail complex. The 1.11 hectare
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Axis sells Brisbane’s ex-Flight Centre HQ
Axis Capital has sold a Brisbane CBD office to a Cromwell fund for $117.5 million – a price which reflects
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Charter Hall buys $269.4m logistics portfolio off-market
Charter Hall, for its Prime Industrial Fund (CPIF), has purchased 25 cold store and food distribution centres in an off-market
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Abacus spends $147.7m on shopping centre, self storage
Abacus Property Group is paying a KKR affiliate $103.5 million – book value – for the balance 60 per cent
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Clarence picks up another Murarrie asset
Clarence Property has paid $18.2 million for its latest Murarrie investment. On 2.3 hectares, the Paringa Industrial Park at 31
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Eagle Farm home of ABB collects $8m
An Eagle Farm property occupied by ABB Australia has sold for $8 million. One Lavarack Avenue contains three warehouses with
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Airlie Beach surf shop trades for $5m
A retail investment with long term development upside in central Airlie Beach sold for $5 million on Friday. The sale
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Blackstone sells Toowoomba shopping centre for $145m
Blackstone has offloaded Toowoomba’s Clifford Gardens shopping centre for $145 million. The price reflects a major drop on the $188.5m
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Office converted childcare centre collects $8.4m
Clarence Property has paid $8.435 million for an office converted childcare centre in Brisbane’s inner west Milton. The three level
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Irongate buys another two Brisbane assets
Irongate Group (IAP) has acquired two Brisbane industrial investments on a funds-through basis. The properties, in Kingston (pictured, top) and
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Yanchep, Moranbah malls collect c$69m
Two small shopping centres – east and west of the country – have sold in deals worth a total of
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HDN outlays $322m for eight retail investments
Home Co Daily Needs REIT (HDN) is acquiring eight retail investments for $322 million. Seven of them are coming from
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ESR spends $3.8b on Australian logistics portfolio
ESR Australia is paying $3.8 billion – the highest price outlaid in one line for a collection of Australian property
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LOGOS, KKR, Mubadala propose $200m Brisbane logistics centre
LOGOS, KKR and Mubadala Investments have formed a partnership to develop Australian east coast logistics centres. The trio has acquired
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Garda sells three Queensland investments
Garda Capital has sold three Queensland assets, pre-committed two new clients and is about to call in valuers to reprice
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