Interstate school buys Gold Coast office
A Melbourne based education group has outlaid a speculated $15 million for a modern Varsity Lakes office it will part
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Queensland
ESR fills first speculative Queensland project
ESR Australia has leased its first speculative Queensland project – at Willawong, south of Brisbane. The 12,800 square metre building
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EG, Invesco trade stake in Brisbane mall
EG is paying Invesco $215 million for a half stake in Brisbane’s Grand Plaza shopping centre. The off market deal
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Gurner secures second Gold Coast apartment site
Gurner, with financier MaxCap Group, has picked up a second Gold Coast development site, this time at Burleigh Heads. The
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GreenFort chooses South Brisbane for maiden BTR project
Investment manager GreenFort Capital, in a new partnership with Canada’s BentallGreenOak and Partners Group, of Switzerland, has entered the Australian
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Centuria, GIC acquire West Village retail component
Three commercial components of the $1.1 billion West Village complex, which is replacing Peter’s Ice Cream factories at West End,
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Frasers picks up Brisbane housing estate site
Frasers Property Australia has secured another housing estate site, this time at New Beith, about 47 kilometres south of Brisbane.
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Peet snares balance of $3.4b Brisbane project
Peet Limited has snared full control of Brisbane’s $3.4 billion Flagstone City. The developer already controlled a half interest in
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ISPT picks up another Coolum Beach shopping centre
ISPT has purchased another small shopping centre at Coolum Beach, on the Sunshine Coast. Coolum Park at 21 South Coolum
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Investors buy Adelaide, Brisbane, Sydney malls
Three metropolitan malls have sold in deals totaling $344.5 million. In Brisbane, YFG Shopping Centres is paying Blackstone subsidiary 151
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AMP snares balance of Macquarie Centre, Pacific Fair
AMP has taken full control of the Gold Coast’s Pacific Fair and Macquarie Centre in Sydney after striking a $760
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HPI offloads Acacia Ridge Hotel
Hotel Property Investments has banked a major capital gain from a Brisbane pub held since 2019. The Acacia Ridge Hotel
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Dexus fund purchases two more Brisbane servos
Dexus has swooped on two modern petrol stations north and south of Brisbane. At Chandler, the group is spending $11.7
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RAM buys ex-Virgin HQ for unlisted fund
Real Asset Management has picked up an inner-city office park for its Diversified Property Fund. The Bowen Hills asset, 56
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SC Capital makes maiden Brisbane investment
In its maiden Brisbane deal, SC Capital has picked up a Stapylton industrial investment with immediate development upside. The 3.7
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Forza picks up another Brisbane office
Forza Capital has paid $41 million for a B-grade Brisbane office with plans for an uber-green overhaul. The asset, 200
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Eureka bids for Whitsunday seniors accommodation complex
ASX-listed Eureka Group Holdings is buying a short-stay accommodation complex at Bowen, in the Whitsunday region. The deal is conditional
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SCA, GIC form $750m retail fund
SCA Property Group (SCP) has established a convenience retail joint venture with GIC. The unlisted vehicle, SCA Metro Convenience Shopping
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QIC offloading Gold Coast mall
IP Generation is speculated to be paying c$200 million for a half stake in both Westfield Helensvale and the neighbouring
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Pearl swoops on Gold Coast servo, mechanic
Pearl Energy is outlaying $8.75 million on an Ashmore convenience asset. At 519 Olsen Avenue, on the north east corner
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Rural Funds buys Queensland cattle stations
Rural Funds Management is paying $68.8 million – some 20 per cent over expectation – for an aggregation of Queensland
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East coast childcare centres collect c$50m
Four childcare centres offered as part of a bulk auction event sold today for a total of nearly $41 million.
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Gold Coast pubs fetch $60m
Investors have outlaid $60.2 million on two Gold Coast pubs. In the priciest deal, the Ganim family is banking $38m
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Shayher buying offices in Brisbane, Sydney
Taiwan backed Shayher Group is outlaying over $600 million on east coast office investments. In the biggest deal, the group
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Dexus snaps up Narangba warehouse
Dexus has paid $44.5 million for an industrial investment in Brisbane’s north Narangba. The price for 9 Boron Street reflects
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Australian Unity snares three aged care investments
Australian Unity is paying $93.65 million for three Queensland aged care investments. The leaseback deal is with McKenzie Aged Care,
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Bunnings sells unbuilt Hervey Bay store
Bunnings has sold an unbuilt Hervey Bay store to New Zealand’s Cook Property Group. The $58.6 million price for the
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Cadence flips Redbank site for massive premium
Cadence Property Group has offloaded a Redbank industrial site for $17 million. The sale of 36-48 River Road to an
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Fawkner picks up another Queensland shopping centre
Fawkner Property has snapped up another shopping centre from Stockland. Stockland Cairns, on 11.13 hectares at Earlville, is costing $146
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Centuria divests $22.8m healthcare portfolio
RAM Asset Management has picked up two more medical centres from Centuria Healthcare. On the Gold Coast, the investments include
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