Frasers Property Australia has struck a leasing deal with Pinnacle Hardware for a 12,300 square metre facility, about 30 kilometresRead more
Real Estate Management Group (RAM) has established a medical property fund and acquired a Queensland asset for $11.25 million. TheRead more
It may be third time lucky for Starwood Capital in its attempt to buy the Australian Unity Office Fund. FollowingRead more
Popular and renovated Brisbane hotel The Wickham (pictured, top) has sold off-market to a Sydney investor for $14 million. TheRead more
Vicinity Centres has sold 11 shopping centres spread across Victoria, New South Wales, Queensland and Western Australia, for a totalRead more
Interests associated with the Cohen family, founders of vacuum cleaner chain, Godfreys, have pocketed $27.64 million from the sale ofRead more
Altis Property Partners has sold two large-format retail assets on Australia’s east coast for a total of $282.4 million. TheRead more
Tytec Logistics Pty Ltd has leased a major warehouse in the outer western Brisbane suburb of Swanbank for 10 years.Read more
Not for profit community organisation YMCA has paid $1.75 million for a former aged care facility in Ipswich, in south-eastRead more
Charter Hall is paying $22 million for a hotel and retail asset on 1.1 hectares of land in Waterford West,Read more
Queensland Investment Corporation is preparing to offer a portfolio of assets worth more than $2 billion on Australia’s east coast.Read more
Crown Development Group has paid $35 million for a 1.25 hectare development site in Brisbane’s inner west. The acquisition ofRead more
Downer EDI Limited is proving to be a valuable tenant for AMP Capital. The infrastructure, mining and rail giant hasRead more
Manchester-based retailer JD Sports has swooped on a prominent Brisbane CBD space until recently occupied by Topshop and Topman. TheRead more
Dexus is paying $188 million for three industrial development sites on Australia’s east coast. The biggest property by area, inRead more
Global supermarket giant Kaufland appears to be continuing to snare prominent Australian sites – this time in Burleigh Heads onRead more
HOMES which promise to provide “the most advanced eco-friendly design elements ever built in Australia” is being launched on the Sunshine Coast in Queensland.
The Coolum Residences will include photovoltaic roof tiles, insulated windows, wall ventilation and energy monitoring systems.
An announcement about the proposal and the developer – Japan’s largest home builder, Sekisui House, is copied below:Read more
THE federal Labor government’s carbon tax has been blamed for a spike in rates, to be passed on by Australia’s largest council next financial year.
Brisbane Lord Mayor Graham Quirk said the average ratepayer will face an increase of $54.62 per annum – reflecting a 4.5 per cent jump.
Mr Quirk said this rate could have limited to $31.48 a year (representing 2.6 per cent) if the carbon tax was removed.Read more
SENTINEL Property Group has paid $15.6 million for the Northpoint Homemaker Centre in Mackay, Queensland.
The purchase is the second bulky goods complex acquired by the group in the state after it paid $25.75 million last December for The Zone complex at Rothwell.
The Mackay investment occupies a 29,191 square metre site, and has 11,407 square metres of net lettable retail area. It is leased to ten retailers including the listed Super Retail Group and The Good Guys.
The vendor according to the AFR which reported the deal was the 360 Capital Retail Fund.Read more
HALF a billion has been invested around Brisbane’s Queen Street Mall this year.
ISPT has been the biggest player, spending $100 million refurbishing the Wintergarden Shopping centre which included building a colourful thatched façade. The Melbourne based company also purchased a half share of the Myer Centre for $366 million, and invested another $60 million on the Broadway on the Mall complex.
Toward the casino the Blackstone owned Balad is selling 60 Queen Street for an expected price of between $30 million – $40 million.
The Brisbane City Council is looking to replicate Melbourne’s successful laneway retail concept with the Burnett Lane complex.Read more