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Queensland

News Queensland Retail 

RAM offloads three small shopping centres

November 9, 2023November 9, 2023 Marc Pallisco

Real Asset Management has divested three small suburban Brisbane shopping centres at or above book value to separate private investors.

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News Queensland Retail 

Fund managers swoop on Bundaberg shopping centre

November 9, 2023November 9, 2023 Marc Pallisco

QIC has sold Bundaberg’s Hinkler Central for $107 million – a modest paper loss on the $110m it paid eight

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News Queensland Retail 

ISPT sells former Broadway on the Mall

October 25, 2023October 25, 2023 Marc Pallisco

ISPT has sold Brisbane’s former Broadway on the Mall, nowadays just known as 170 Queen Street, after 12 years. The

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News Office Queensland 

Two more law firms commit to Waterfront Brisbane

October 23, 2023October 23, 2023 Marc Pallisco

Dexus has secured another couple of law firms to the first of two skyscrapers earmarked for the $2.5 billion Waterfront

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News Queensland Retail 

New Gold Coast mall collects $34m

October 19, 2023October 19, 2023 Marc Pallisco

De Luca Corporation has sold Gold Coast’s brand new Robina Central, which it recently completed with Wright Private Capital. The

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News Queensland Residential 

Green light for Sentinel’s first Queensland project

October 18, 2023October 18, 2023 Marc Pallisco

Sentinel Real Estate, not to be confused with Warren Ebert’s Sentinel Property Group, has won permission to develop its first

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Essential services News Queensland 

Chauvel banks $12m from childcare centre

October 14, 2023October 14, 2023 Marc Pallisco

Chauvel Capital has offloaded a four month old childcare centre in Brisbane’s north Kallangur. The c$12 million result for the

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Land News Queensland Residential 

Lutherans sell Moreton Bay site to developer

October 13, 2023October 13, 2023 Marc Pallisco

The Lutheran Church of Australia Queensland District has sold a cleared, flat Rothwell site near Grace Lutheran College. The 4.5

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Industrial News Queensland 

Mapletree expands Crestmead footprint

October 13, 2023October 13, 2023 Marc Pallisco

Mapletree Investments has secured an 18.6 hectare site to expand by a third a business park which has been taking

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Hotels News Queensland 

Comiskey Group buy hinterland pub, accommodation

October 11, 2023October 11, 2023 Marc Pallisco

The Comiskey Group has snared Eumundi’s historic Imperial Hotel and neighbouring HOLA boutique accommodation complex for a speculated price of

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News Queensland South Australia Victoria 

GPT, QuadReal form another partnership

October 6, 2023October 6, 2023 Marc Pallisco

Three years after establishing a mandate for industrial investments, GPT and Canada’s QuadReal have formed another, for student accommodation. The

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Essential services News Queensland 

Brisbane medical centre fetches $4.6m

October 6, 2023October 6, 2023 Marc Pallisco

An interstate investor has swooped on a small medical and retail centre in Brisbane’s south west Springfield. The single storey

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Land News Queensland Residential 

New Fortune swoops on north Brisbane housing site

September 27, 2023September 28, 2023 Marc Pallisco

New Fortune Group has picked up a permit-ready housing site in a pocket of north Brisbane residents have been seeking

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News Queensland Residential Retail 

David Devine leases unique space for sales suite

September 23, 2023September 23, 2023 Marc Pallisco

David Devine has leased the upper level of the North Burleigh Surf Life Saving Club as a sales suite for

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Industrial News Queensland 

Swedish appliance giant commits to Lytton

September 18, 2023September 19, 2023 Marc Pallisco

Sweden based appliance manufacturing giant Electrolux, which owns brands including Kelvinator, Simpson and Westinghouse, will relocate its Brisbane distribution centre

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News Queensland Residential Retail 

Synergy divests Central Park

September 15, 2023September 15, 2023 Marc Pallisco

Developer Synergy Property Partners has sold an essential services backed commercial investment attached to a 12 unit apartment complex. Central

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News Queensland Western Australia 

Westbridge reweighs portfolio with Brisbane, Perth deals

September 14, 2023September 14, 2023 Marc Pallisco

Westbridge Funds Management has reweighed its portfolio with two deals. In the biggest transaction, the group is banking $19.3 million

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News Queensland Retail 

RAM pockets premium from neighbourhood mall

September 13, 2023September 13, 2023 Marc Pallisco

Real Asset Management has banked a 14 per cent capital gain offloading a small suburban Brisbane shopping centre after five

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Essential services News Queensland Residential 

Private school outbids developers for site

September 12, 2023September 22, 2023 Marc Pallisco

A private school south west of Brisbane has outbid residential developers for a major low density site abutting a campus.

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Hotels News Queensland 

Tilley & Wills invest again in Brisbane

September 9, 2023September 9, 2023 Marc Pallisco

Simon Tilley and Nick Wills have secured a second Queensland investment in three years – again choosing Brisbane’s inner city.

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Essential services News Office Queensland 

Vital, Centuria sell Gold Coast assets

September 6, 2023September 7, 2023 Marc Pallisco

Dexus has added the first asset to its $1.8 billion Healthcare Property Fund since a capital raising two months ago

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News Queensland Residential 

Habitat swoops on another Maroochydore site

September 6, 2023September 6, 2023 Marc Pallisco

Habitat Development Group has acquired another Maroochydore site for a high density residential project. At 2 Millwell Road East (shaded,

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News Queensland Retail 

Investor nails Gold Coast hardware store

September 6, 2023September 6, 2023 Marc Pallisco

A Gold Coast Total Tools outlet has quietly sold off-market to a syndicate of local investors. The Coomera store at

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Industrial News Queensland 

MADAD offloads ex-PMP Print plant

August 30, 2023August 30, 2023 Marc Pallisco

MADAD Investments has sold a former Alliance Paper plant – now a cleared block – for $17.06 million to an

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Industrial News Queensland 

Gold Coast warehouses sell prior to completion

August 30, 2023August 30, 2023 Marc Pallisco

Two near equal sized office/warehouses – all up offering 3318 square metres – in south east Queensland’s fastest growing residential

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Hotels News Queensland 

Star Hotels snares two assets from Redcape

August 30, 2023August 31, 2023 Marc Pallisco

Redcape Hotel Group has sold two of three Queensland pubs listed from July, when manager MA Financial announced it would

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Industrial News Queensland 

Hines lands tenant for speculative Gold Coast warehouse

August 28, 2023August 28, 2023 Marc Pallisco

Hines has secured an occupier to a new Gold Coast cold storage facility. Melbourne headquartered Auscool Logistics has taken the

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News Office Queensland 

Stadia secures ex-union HQ on high yield

August 26, 2023August 28, 2023 Marc Pallisco

Stadia Capital has swooped on a B-grade office – until seven years ago owned by the Australian Workers Union –

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Hotels News Queensland 

Mulpha picks up Port Douglas hotel

August 25, 2023August 25, 2023 Marc Pallisco

Mulpha is believed to be buying Port Douglas’ Sheraton Grand Mirage, developed by Christopher Skase in 1987. The Malaysia based

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Hotels News Queensland 

Invictus boosts Australian hotel portfolio

August 23, 2023August 24, 2023 Marc Pallisco

Nine months after entering the Australian market with plans to build a c$500 million hospitality portfolio, Singapore’s Invictus Developments, backed

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Industrial News Queensland 

Lang Walker, Aliro trade major Brisbane industrial site

August 11, 2023August 11, 2023 Marc Pallisco

Lang Walker has sold a 21 hectare piece of Bundamba’s Citiswich Business Park to another Sydney investor, fund manager Aliro,

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Essential services New South Wales News Queensland 

Barwon spends $124m on healthcare assets

August 11, 2023August 11, 2023 Marc Pallisco

Barwon Investment Partners has added three east coast assets to its Institutional Healthcare Property Fund (BIHPF), which now pips $1.4

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New South Wales News Queensland Retail South Australia Spotlight Victoria Western Australia 

National CBD retail vacancy rate rises

August 10, 2023August 10, 2023 CBRE

While Australia’s CBD retail vacancy rate rose in the first half of the year current enquiry levels suggest the market

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Industrial News Queensland 

L’Oréal commits to second Australian distribution centre

August 8, 2023August 8, 2023 Marc Pallisco

With its only Australian distribution centre, in Melbourne, nearing capacity, L’Oréal Groupe has pre-committed to a second, in Brisbane. The

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News Queensland Retail 

Sunshine Coast mall bought with revamp plan

August 5, 2023August 5, 2023 Marc Pallisco

Hamill Group founders Daniel and Kylee Burke have snapped up a shopping centre seven kilometres west of Noosa Heads. Poinciana

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News Office Queensland Residential Retail 

IJ Capital swoops on ex-Woolies with bigger development plan

August 1, 2023August 3, 2023 Marc Pallisco

Ray White Capital and State Development Corporation have sold a central Toowong site permit-ready for a $450 million project to

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News Queensland Residential 

Stockland boosts Queensland LLC portfolio

July 27, 2023July 27, 2023 Marc Pallisco

Stockland has picked up five more Queensland properties for its land lease community arm, Halcyon. The assets – four development

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News Office Queensland 

Council buys timeshare giant’s Gold Coast HQ

July 21, 2023July 21, 2023 Marc Pallisco

The City of Gold Coast has bought a modern 12 level Bundall office for its investment portfolio. On 4161 square

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Industrial News Queensland 

Archerfield Speedway to become tip

July 18, 2023July 18, 2023 Marc Pallisco

Scrap metal king and racehorse owner Ron Walness has sold the recently closed Archerfield Speedway he established 44 years ago.

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Industrial News Queensland 

Four more tenants sign up to TradeCoast Central

July 18, 2023July 18, 2023 Marc Pallisco

Four groups including the state government have signed leases for speculatively built industrial properties at TradeCoast Central, replacing the ex-Eagle

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News Queensland Residential 

Brookfield, Citiplan buy another student accommodation site

July 13, 2023July 18, 2023 Marc Pallisco

Plans for a 91 storey build to sell apartment tower overlooking Brisbane’s City Botanic Gardens have been shelved with the

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Essential services News Queensland Retail 

Asian investor snares inner city shops, day hospital

July 11, 2023July 12, 2023 Marc Pallisco

A two storey strata titled commercial space beneath the 10 level The Wellington Apartment Hotel, in East Brisbane, has sold

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News Queensland Retail 

Centa, OzProp trade Brisbane mall

July 11, 2023July 11, 2023 Marc Pallisco

OzProp has purchased the 18 year old Rothwell Central from Centa Property Group for $41 million – reflecting a seven

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Essential services News Queensland 

Cancer clinic coming to Noosa Heads

July 7, 2023July 7, 2023 Marc Pallisco

Trident Property Advisory and Cancer Care Associates – a service provider – have swooped on a permit-ready development site opposite

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New South Wales News Queensland Retail Victoria 

Ampol, Mirvac strike EV charging station deal

July 4, 2023July 5, 2023 Marc Pallisco

Ampol has advanced plans to create 300 AmpCharge electric vehicle charging stations across 100 sites after striking a deal with

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Industrial News Queensland 

Former World Expo ’88 site sells

June 30, 2023June 30, 2023 Marc Pallisco

A Goodna warehouse used to store dismantled modular buildings for Brisbane’s 1988 World Expo has sold to an investor who

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Essential services News Queensland Western Australia 

RAM buys healthcare investments with development plans

June 28, 2023June 28, 2023 Marc Pallisco

Real Asset Management has acquired two healthcare assets with development upside at each end of the country. In the biggest

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Essential services News Queensland 

Aveo lists ex-Tanah Merah Village

June 27, 2023June 27, 2023 Marc Pallisco

Aveo Group, which was deregistered from the ASX in 2019 when it was bought for $1.3 billion by Brookfield Asset

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Industrial News Office Queensland Victoria 

Dexus banks $373m from Melbourne, Gold Coast investments

June 15, 2023June 15, 2023 Marc Pallisco

Dexus has offloaded Mount Waverley’s landmark Axxess Corporate Park to another fund manager, Gateway Capital. Worth $306.2 million after (c$9m)

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News Queensland Retail 

Wen family snap up another Queensland mall

June 15, 2023June 16, 2023 Marc Pallisco

The Wen family’s Chin Hong Group has acquired its 11th Queensland shopping centre – the Park Ridge Town Centre, in

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News Office Queensland 

Properties & Pathways divest inner city office

June 9, 2023June 14, 2023 Marc Pallisco

Properties & Pathways has offloaded a low-rise Fortitude Valley office fit out as a Torrens University campus. The fund manager

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News Office Queensland 

QIC commits to premium Brisbane office

June 8, 2023June 8, 2023 Marc Pallisco

Queensland Investment Corporation is the latest business to lease a piece of 360 Queen Street, a premium grade office, construction

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Essential services News Queensland Retail 

Fund managers trade south Brisbane medical centre

June 7, 2023June 7, 2023 Marc Pallisco

Centuria has sold a commercial investment incorporating the prominent Logan Central Medical Centre, in Brisbane’s south, to Properties & Pathways.

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News Queensland Retail 

Pellicano banks $20m selling down bulky goods investment

June 4, 2023June 4, 2023 Marc Pallisco

Pellicano Group has sold the last of five subdivided assets created out of a Sunshine Coast bulky goods centre it

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News Queensland Retail 

Lendlease banks $140m from shopping centre

June 1, 2023June 4, 2023 Marc Pallisco

Lendlease has sold another Cairns shopping centre, this time at Smithfield. The 12.4 hectare Smithfield Centre, at the north west

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Hotels News Queensland 

Resort built by Christopher Skase fetches $192m

June 1, 2023June 26, 2023 Marc Pallisco

Arthur Laundy and the Karedis family have bought the Gold Coast’s Sheraton Grand Mirage, developed in the 1980s by late

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News Office Queensland 

Charter Hall, Investa secure another law firm to Brisbane office

May 31, 2023June 4, 2023 Marc Pallisco

Charter Hall and Investa have secured Herbert Smith Freehills to a Premium grade office under construction at 360 Queen Street.

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News Queensland Retail 

Lendlease sells Cairns Central

May 30, 2023June 4, 2023 Marc Pallisco

Lendlease is selling Cairns Central – Far North Queensland’s biggest shopping centre – and the management rights, ending 22 years

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Industrial News Queensland 

Centuria offloads office/warehouse for a premium

May 29, 2023May 29, 2023 Marc Pallisco

Centuria has sold a Willawong office/warehouse for a premium after renewing the sitting tenant, paint and coating specialist Azko Nobel,

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News Queensland Residential 

Pellicano applies for $225m BTR project

May 25, 2023May 27, 2023 Marc Pallisco

Two major developers have applied to construct Queensland Build to Rent projects. In Robina, 10 kilometres south of Surfers Paradise,

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News Queensland Retail 

Woolworths divests another Brisbane shopping centre

May 18, 2023May 18, 2023 Marc Pallisco

Woolworths has sold its fourth Brisbane shopping centre this year. The recently completed asset, Woolworths Mountview, at Redbank Plains, fetched

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News Queensland Retail Victoria 

Woolworths banks $108m from malls

May 10, 2023May 11, 2023 Marc Pallisco

Woolworths has offloaded three east coast malls with leasebacks. In the biggest deal, the supermarket giant is banking $41.8 million

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Hotels News Queensland Residential 

Harry Triguboff secures ‘best site in Brisbane’

May 9, 2023May 10, 2023 Marc Pallisco

Harry Triguboff has snapped up Brisbane’s spectacularly located The Gardens complex with plans for two build to sell residential towers

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News Office Queensland 

Abacus, Charter Hall divest parkside Brisbane office

May 3, 2023May 3, 2023 Marc Pallisco

Abacus Property Group and Charter Hall are selling a Brisbane office after two years. The Brisbane Club Tower at 241

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Hotels News Office Queensland Residential Retail 

Kokoda picks up riverfront block for $1.75b project

May 1, 2023May 1, 2023 Marc Pallisco

Kokoda Property has bought the Riverside Coal Transport Company headquarters at Teneriffe – Brisbane’s priciest suburb – for a $1.75

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News Queensland Retail 

Haben buys stake in FNQ mall

April 26, 2023April 27, 2023 Marc Pallisco

Another asset forming part of the AMP Shopping Centre Fund – the management of which was recently taken over by

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Essential services New South Wales News Office Queensland 

Centuria banks premium from Sydney, Gold Coast assets

April 24, 2023April 25, 2023 Marc Pallisco

Centuria has sold an historic inner city Sydney office and a Gold Coast childcare centre for a premium to book

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New South Wales News Queensland Victoria 

MA Financial swoops on 10 marinas

April 24, 2023April 24, 2023 Marc Pallisco

MA Financial has snapped up 10 marinas – the majority in New South Wales – for a trust it is

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Hotels News Queensland 

Lindeman Island sold at a loss

April 18, 2023April 18, 2023 Marc Pallisco

Well Smart Group has picked up Queensland’s Lindeman Island with plans to refurbish and reopen the former Club Med as

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Industrial News Queensland 

Isuzu snares wrecking yard from Centennial

April 18, 2023April 19, 2023 Marc Pallisco

Centennial has sold a former wrecking yard at Stapylton to Brisbane Isuzu which plans to occupy. In the Yatala Enterprise

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Industrial News Queensland 

Aramex pre-commits to Brisbane Airport

April 18, 2023April 19, 2023 Marc Pallisco

Dubai based logistics giant Aramex, formerly known here as Fastway Couriers, has pre-committed to a major distribution centre (artist’s impression,

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Industrial News Queensland Victoria 

National Tiles signs up for two distribution centres

April 17, 2023April 17, 2023 Marc Pallisco

Frasers Property Industrial has pre-committed National Tiles – a tenant client since late 2016 – to two east coast distribution

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Essential services News Queensland Retail 

Waterford West medical, retail centre sells again

April 4, 2023April 6, 2023 Marc Pallisco

A Waterford West medical and retail complex has sold to a private investor for the second time in three years.

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Essential services News Queensland Residential 

Palaszczuk government buys vacant aged care homes

April 2, 2023April 2, 2023 Marc Pallisco

The Department of Housing and Human Services has snapped up two ex-nursing homes to repurpose for social housing. In the

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Essential services News Queensland 

Green light for redesigned vertical aged care, retirement home

March 31, 2023March 31, 2023 Marc Pallisco

Brisbane City Council has approved an amended plan by Australian Unity to develop a vertical aged care complex with three

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Industrial News Queensland 

Patio maker consolidates to Richlands

March 31, 2023March 31, 2023 Marc Pallisco

Garda has secured the Ausdeck Group to a three hectare office headquarters and distribution centre at south west Brisbane’s Richlands.

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Essential services New South Wales News Queensland Victoria Western Australia 

HMC snares $1.2b hospital portfolio

March 29, 2023March 30, 2023 Marc Pallisco

HMC Capital has picked up a portfolio of 11 hospitals, seven which will be held by two trusts. The $1.2

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Hotels News Queensland 

Sofitel Brisbane Central fetches $178m

March 23, 2023March 30, 2023 Marc Pallisco

Brookfield has sold Sofitel Brisbane Central on its second attempt. The 5-star hotel is trading to a 50:50 partnership comprising

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News Queensland Retail 

Lendlease offer biggest mall in FNQ

March 22, 2023March 22, 2023 Marc Pallisco

Lendlease is selling Far North Queensland’s only regional shopping centre and the management rights which, between 2007-2011, it fought former

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Hotels News Queensland 

Karim family snap up another east coast hotel

March 20, 2023March 20, 2023 Marc Pallisco

Indonesia’s Karim family is a step closer to achieving its goal to establish a half a billion dollar east coast

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