Townsville mall delivers windfall for Oz Prop
Oz Prop Capital has divested the Mountain View Marketplace at Kirwan, in Townsville’s south west, for $7.75 million. The off-market
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Queensland
Dexus swoops on Sunshine Coast dual service centre
Dexus, for its managed Convenience Retail REIT (DXC), has snapped up the Glass House Mountains dual service centre on either
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Charter Hall, PGGM secure inner Brisbane industrial investment with upside
Charter Hall and Dutch pension fund PGGM have outlaid $60 million for a fully leased Bowen Hills industrial investment with
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Marquette, Mercer snap up Brisbane offices
Major fund managers have outlaid over $540 million for two Brisbane CBD offices. In the biggest deal, Marquette Properties, backed
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Clarence swoops on Brisbane industrial site
Clarence Property intends to develop a business park – Heathwood Hub – on a 17 hectare south Brisbane site it
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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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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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Goodna mall collects $10m from syndicate
NATGEN Group has paid $10.1 million for a convenience retail investment in Brisbane’s south west Goodna. The Rededge Shopping Centre,
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Greenpool, Qualitas snap up balance of Runaway Bay
Five weeks after paying Perron Group $128 million for a half stake in Gold Coast’s Runaway Bay Shopping Centre –
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Centuria picks up four investments with development upside
Centuria, for its Industrial REIT (CIP), has spent $129.4 million on four east coast investments with development upside. In the
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Andrew Forrest buys Lizard Island
Andrew and Nicola Forrest’s Fiveight, a subsidiary of Tattarang which holds diversified investments, has snapped up the Lizard Island leasehold
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Ingenia goes on $552m spending spree
Ingenia Communities Group (INA) will launch an equity raising to fund a $552 million spending spree. In the biggest deal
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Charter Hall picks up office, childcare centres
Charter Hall has spent $58.4 million on a trio of assets for its Social Infrastructure REIT (CQE). In the biggest
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Gina Rinehart in play for Great Keppel Island
Gina Rinehart is speculated to be paying $50 million for Great Keppel Island. The transaction, which hasn’t settled, is with
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Genius, Mayfield trade 14 childcare centres
Mayfair Childcare Limited (MFD) today announced the purchase of 14 more investments. The $39.2 million outlay is with Genius Childcare,
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Panthera picks up Gold Coast mall
As part of plans to wind down, Sunland has sold the permit-ready retail component of Mermaid Waters’ The Lanes project.
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Charter Hall bets on Star casino
Star Entertainment Group has sold Charter Hall the Treasury Casino and a neighbouring hotel and car park for $248 million.
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Dexus banking c$1.7b from offices
Dexus is selling six office investments for a speculated total of close to $1.7 billion. Four of the assets –
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Charter Hall buys second Brendale block in a month
A month after paying $32.25 million for a logistics investment in Brendale’s South Pine Road – Charter Hall has snapped
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Barwon buys Brisbane, Canberra healthcare centres
Forza Capital has sold Barwon Investment Partners a South Brisbane healthcare centre for $34.7 million. The Melbourne based vendor paid
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ESR grows Brisbane portfolio with Wacol deal
ESR has added another Brisbane industrial property to its portfolio – this time at Wacol. The prefabrication plant on 7.512
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Not for profits trade South Brisbane studio
Queensland Performing Arts Centre has sold a South Brisbane studio to the St Vincent de Paul Society, which has its
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Phoenix Transport expands in Berrinba
Phoenix Transport has leased a modern Berrinba warehouse held by ARA LOGOS Logistics Trust. The occupier has committed for an
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Cbus, UniSuper strike Australia’s biggest retail deal
Cbus Property and UniSuper have partnered with AMP Capital to acquire stakes in two major shopping centres for a total
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Billbergia offloads Brisbane Skytower commercial component
A commercial portfolio within Brisbane Skytower, the city’s tallest building, has sold to a Sydney investor for $32.846 million. The
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Gateway expands in Acacia Ridge
Gateway Capital has snapped up an industrial investment next door to another it purchased last month. Its newest asset, 149-157
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PGIM picks up another Brisbane office
PGIM Real Estate today confirmed the $54.5 million purchase of 444 Queen Street, in Brisbane’s CBD. The property was offloaded
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SCA embarks on $108m spending spree
SCA Property Group is spending $108.1 million on four shopping centres. In the biggest deal, the group is paying $54.5m
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Ascot offloads industrial, office portfolio
Ascot Capital has sold an $800 million-plus commercial property portfolio. The bulk, 23 logistics investments and an office – all
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Spotlight buys into Hervey Bay with development plan
Bunnings has quietly sold the prime Hervey Bay site it picked up 11 years ago to keep then-rival Masters out.
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Aviator offloads Ashgrove health hub
Aviator Capital has sold the Ashgrove medical centre which was its maiden Brisbane investment four years ago. The Highpoint Wellness
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Cromwell acquires another Brisbane office
ISPT has sold one of two major offices listed mid-year. The Brisbane asset, 100 Creek Street, is trading for $184.7
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HealthCo spends $200m on essential services assets
HealthCo’s Health and Wellness REIT (HCW) has announced a series of acquisitions increasing its portfolio value 20 per cent to
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Vicinity acquires Harbour Town stake
Lendlease has sold its half stake in Gold Coast’s Harbour Town shopping centre for $358 million. Vicinity Centres is the
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ID_Land expands to Queensland
ID_Land is speculated to be paying $70 million for the balance of the Waterlea estate in Walloon, west of Ipswich.
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Charter Hall picks up Imperial Hotel
Charter Hall has spent $6.618 million for the Imperial Hotel at Beenleigh, about 35 kilometres south east of Brisbane. The
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Greenpool, Qualitas acquire stake in Gold Coast mall
Greenpool Capital and Qualitas have snapped up a half-stake of Gold Coast’s Runaway Bay Centre. The $128 million price reflects
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Arrow spends $50m on Brisbane industrial sites
Arrow Capital Partners is spending $50 million on three Brisbane industrial sites. The deal includes 14 hectares at the Citiswich
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Supra Capital expands interstate
Melbourne based Supra Capital has opened a Brisbane office. The alternative lender, whose board includes Melbourne Cricket Club president Michael
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MPG picks up Ballina, Bendigo offices
MPG Funds Management has announced it acquired four regional investments for $53.25 million on a blended 6.25 per cent yield.
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Two small malls sell in Queensland
MPG Funds Management is paying $13 million for Sarina Village Shopping Centre, 40 kilometres south of Mackay. The deal for
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ESR expands industrial estate with $17.7m deal
ESR Australia has paid $17.65 million for a seven hectare Berrinba industrial development site. The block abuts the group’s Gilmore
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Aliro strikes deals in Geebung, Laverton North
Aliro Group has snapped up Pickles Auctions’ Geebung office/warehouse, and a neighbouring industrial property, as a value-add play. The $67.75
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Bunnings lists Hervey Bay store
Bunnings is offering another unbuilt outlet – this time in Hervey Bay. The hardware chain can expect about $55 million
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APN outlays $24.4m on convenience retail
APN Funds Management is outlaying $24.4m on two convenience retail investments. At Riverview, in suburban Brisbane, and Dubbo – 400km
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Charter Hall picks up Toyota forklift factory
Charter Hall is paying $21 million for a modern Larapinta property occupied by Toyota Material Handling. The 7094 warehouse, office
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Industrial assets collect $351m from Centuria
Centuria has snapped up eight fully leased warehouses, boosting the value of its Industrial REIT (CIP) by 10 per cent.
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Centuria spends $167m on healthcare assets
Centuria has purchased seven fully leased essential services investments for its Healthcare Property Fund (CHPF). The acquisitions double the number
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Lendlease, Morgan Stanley seed fund with $430m portfolio
Lendlease and Morgan Stanley Real Estate Investing have acquired five warehouses and three blocks of industrial land which, when developed,
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Westbridge bolsters Brisbane industrial portfolio
A week after paying Centuria $16.1 million for a Wacol warehouse, Westbridge Funds Management has picked up a smaller one
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Charter Hall spends $66.9m on warehouses
Charter Hall has added two east coast industrial investments to the Long WALE REIT (CLW). In the biggest deal, the
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Gateway invests in Brisbane, Melbourne
Gateway Capital has picked up two more east coast infill industrial assets. The properties will be held in the Gateway
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