Star buys building opposite Brisbane Showgrounds
The Huang family’s Star Millennium has snapped up a prominent property opposite Brisbane or the RNA Showgrounds – set to
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Queensland
Stockland sells IOS asset after pre-commitment
Stockland has sold an Industrial Outdoor Storage investment in Brisbane’s south on a funds-through basis. The 8.94 hectare asset, 108
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Sonic banks $445m for laboratory
Sonic Healthcare has sold a landmark Brisbane life science facility with a leaseback. The Sullivans Nicolaides Pathology complex at 24
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Asahi pre-commits to high-tech distribution centre
Asahi Beverages has pre-committed to a 48,500 square metre distribution centre at the Redbank Motorway Estate in Brisbane’s south west.
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Graya buys another Palm Beach block
Graya has quietly snapped up a Gold Coast site beside one it bought in February – to expand a proposed
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Computershare co-founder sells FNQ pub
Computershare co-founder Chris Morris has sold the Julatten Hotel, west of Port Douglas, after four years and a renovation. “This
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Queensland selects partners for first Land Activation Program site
The Queensland government has selected separate parties to deliver more than 450 dwellings in the city’s north – the first
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GPT spends $1.2b on shopping centre stakes
GPT on behalf of the Wholesale Shopping Centre Fund, has agreed to acquire half stakes in two regional malls from
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Property services giant sells HQ with leaseback
A major facilities and property services provider has sold its recently renovated national headquarters with a 10 year leaseback. Executives for
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John Holland Group quits CBD for suburbs
John Holland Group will relocate its Brisbane headquarters from the CBD to a Growthpoint Properties Australia office at Newstead. The
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Redhill snaps up co-living investment
Redhill Hospitality has bought a Queensland co-living investment, to add to a portfolio with New South Wales and Victorian ones.
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Boldstone buys fifth Toowoomba site
Boldstone has snapped up another Toowoomba site with plans for a low density housing estate. The 69 hectare parcel at
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Stockwell consolidates Parmalat factory site in South Brisbane
Local developer Stockwell has acquired the balance of former Paul’s Milk Factory, also known as the Parmalat milk site, consolidating
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LLC providers trade Queensland hinterland site
Land lease community providers have traded a Sunshine Coast Hinterland site. Clifton Lifestyle has paid $15.2 million for the 13.5
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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
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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
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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
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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
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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
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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.
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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
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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
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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
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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
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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
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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
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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 –
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Goodman sells Brisbane warehouse
Goodman has sold a relatively small investment in the Brisbane TradeCoast precinct. The ASX listed developer and investor is banking
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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
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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.
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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,
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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
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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
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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
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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
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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.
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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
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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
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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
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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
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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
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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,
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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
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Deka divests Brisbane office
Deka Immobilien Investments has sold a prominent Brisbane CBD office after six and a half years. Central Plaza II at
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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
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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
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Brookfield offloads Brisbane BTR site
Red & Co has acquired a build to rent apartment development site from Brookfield Asset Management. The 7401 square metre
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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.
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Conquest buys waterfront Whitsundays site
Conquest Group founder Michael Akkawi, via a family office, Cedar Private, has bought his first significant Queensland site – on
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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
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Ascot snares Wagners portfolio
ASX listed Wagners Holding Company has sold three Queensland warehouses with leasebacks. The construction materials supplier banked $43 million for
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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
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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
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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
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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
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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
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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
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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
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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.
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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
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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
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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
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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
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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
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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.
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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
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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
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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
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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
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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
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