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Queensland

News Queensland South Australia 

Centuria seeds fund with $62.5m spree

January 28, 2021January 28, 2021 Marc Pallisco

Centuria Capital Group has spent $62.5 million on three warehouse investments to seed an unlisted fixed-term fund. Two of the

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News Queensland 

QIC sells Gold Coast town centre site

January 25, 2021January 25, 2021 Marc Pallisco

Queensland Investment Corporation has sold the balance of the Coomera Town Centre site to a partnership comprising Keylin Group and

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News Queensland Victoria 

Sunland sells townhouse, apartment blocks

January 25, 2021January 29, 2021 Marc Pallisco

Sunland has sold a Carrum Downs townhouse site. The vendor paid $13 million in 2018, immediately proposing a c$100m, 185

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News Queensland 

Dexus secures bedding group to new industrial park

January 22, 2021February 3, 2021 Marc Pallisco

Dexus has secured Bart Group’s James Lane & Sleeping Giant to rent a distribution centre at its Freeman Central industrial

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News Queensland 

Cube, MPG trade hinterland suburb investment

January 21, 2021January 21, 2021 Marc Pallisco

MPG Funds Management is paying $6 million for a Nambour retail investment passed by nearly 20,000 cars a day. One

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News Queensland 

Real estate veteran Max Christmas dies, 81

January 17, 2021January 18, 2021 Marc Pallisco

Gold Coast real estate veteran Max Christmas AM died unexpectedly last month. The ex-lifesaver and builder, who opened his first

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News Queensland 

Trilogy sells Ipswich office for $25m

January 10, 2021January 10, 2021 Marc Pallisco

Aviator Capital is paying $25 million for an Ipswich commercial property comprising a six level office and the town’s historic

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News Queensland 

New Farm office set for refurb after $6.4m sale

January 4, 2021January 11, 2021 Marc Pallisco

A New Farm office and retail investment on the precinct’s biggest block after Merthyr Village Shopping Centre across the road

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News Queensland 

City of Gold Coast settles $20.95m deal for Carrara industrial land

January 4, 2021January 4, 2021 Marc Pallisco

City of Gold Coast has settled a $20.95 million deal for two adjoining Carrara sites on which it will build

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New South Wales News Queensland Victoria Western Australia 

Charter Hall collects $203.75m from 10 car dealerships

December 24, 2020January 3, 2021 Marc Pallisco

Charter Hall has sold 10 car dealerships, winding down two Direct Automotive funds approaching maturity. Nine are trading off-market to

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News Queensland Western Australia 

Primewest wins M/Group management contract for Albany, Hervey Bay malls

December 29, 2020December 29, 2020 Marc Pallisco

Primewest has won an asset management contract for two M/Group shopping centres each side of the country. In Albany, 400

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News Queensland 

Ascendas pays Goodman $70.3m for Crestmead logistics investment

December 24, 2020December 24, 2020 Marc Pallisco

Ascendas Real Estate Investment Trust (Ascendas Reit) is paying Goodman $70.3 million for an unbuilt industrial investment in Crestmead, a

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News Queensland 

QIC offloads Bunnings Robina

December 24, 2020December 24, 2020 Marc Pallisco

QIC – which turns 30 next year – has sold a Bunnings investment in Robina, 10 kilometres south of Surfers

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News Queensland 

GPT sells Woolworths-anchored Stapylton distribution centre for $65.52m

December 24, 2020January 4, 2021 Marc Pallisco

The GPT Group has sold a multi-tenanted Stapylton industrial investment to APN Industria REIT for $65.52 million, reflecting a 5.67

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News Queensland 

Quintessential spends $18.5m on Rocklea industrial asset

December 22, 2020January 11, 2021 Marc Pallisco

Quintessential Equity has spent $18.5 million on a seed asset for its second master fund. The industrial property at 117

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News Queensland 

Oxley warehouse earns $12.1m for Sentinel

December 24, 2020December 24, 2020 Marc Pallisco

Sentinel Property Group has sold an Oxley industrial investment for $12.05 million. It paid $10.4 million for 141 Boundary Road

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News Queensland 

Toowong office earns $25.15m from first-time commercial property investor

December 18, 2020December 18, 2020 Marc Pallisco

An offshore investor with a residential property portfolio – including in Australia at the Gold Coast – has made his

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News Queensland 

Stockland invests $193m on 700ha Ripley Valley site

December 18, 2020December 19, 2020 Marc Pallisco

Okeland Communities – which is supported by Cotswold Investments, chaired by Gavin Bunnings, whose family established the eponymous hardware chain

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New South Wales News Queensland 

Stockland sells Baulkham Hills centre to Mintus for $141.25m

December 15, 2020December 16, 2020 Marc Pallisco

Stockland has exchanged a couple of major shopping centres. In Sydney, it sold Stockland Baulkham Hills to Mintus for $141.25

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News Queensland 

Prime sells Molendinar’s Crestwood Plaza for $17.6m

December 14, 2020December 14, 2020 Marc Pallisco

Following failed campaigns in 2018 and last year, Prime Space Projects has sold Crestwood Plaza at Molendinar, eight kilometres west

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News Queensland 

Ochre Health sells new Caloundra hub for $15.3m with a leaseback

December 12, 2020December 12, 2020 Marc Pallisco

Ochre Health has sold a new Caloundra medical centre with a leaseback for $15.3 million. The 1964 square metre double

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N.T. New South Wales News Queensland 

Charter Hall spends $319.4m for Long WALE REIT

December 9, 2020December 9, 2020 Marc Pallisco

Charter Hall has spent $309.6 million on two east coast investments for its Long WALE REIT (CLW). The trust will

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News Queensland Victoria 

Allianz, Charter Hall pay Aldi $281.4m for two more distribution centres

December 7, 2020January 21, 2021 Marc Pallisco

EXCLUSIVE Aldi has sold two more near-new distribution centres with leasebacks to a partnership comprising Allianz Real Estate and Charter

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New South Wales News Queensland Victoria Western Australia 

GIC paying Mirvac, NRMA c$600m for 11 Travelodge hotels, brand

December 7, 2020December 7, 2020 Marc Pallisco

Singaporean sovereign wealth fund GIC, advised by Salter Brothers, is paying more than $600 million for 11 Travelodge inns including

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News Queensland 

Potter to replace Bundall ice skating rink with industrial estate

December 6, 2020December 6, 2020 Marc Pallisco

The Potter Group is paying $2.8 million for an ice skating rink two kilometres south west of Surfers Paradise with

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New South Wales News Queensland Victoria 

HomeCo spends $163m on seven assets – six to seed HealthCo REIT

December 4, 2020December 4, 2020 Marc Pallisco

Home Consortium is spending $163 million on seven east coast investments. Six, worth $131m, are essential services backed and will

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News Queensland 

Kerching rings up $12.6m from Sandstone Point Village

December 4, 2020December 4, 2020 Marc Pallisco

Kerching Capital has sold Sandstone Point Village – a modern shopping centre in Brisbane’s outer north – for $12.6 million.

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News Queensland 

Banyo distribution centre investment collects $6.1m

December 8, 2020December 8, 2020 Marc Pallisco

A distribution centre near Brisbane Airport has sold for $6.1 million. Based on the net yield – 6.3 per cent

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News Queensland 

GM Property pays $10.4m for Wacol industrial investment

December 3, 2020December 3, 2020 Marc Pallisco

Perth investor, developer and manager GM Property, has paid $10.4 million – reflecting a six per cent net passing yield

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News Queensland 

Pacific Optics to consolidate at Yatala Central factory with a basketball court

November 30, 2020November 30, 2020 Marc Pallisco

Pacific Optics Pty Ltd will consolidate three south east Queensland facilities after leasing a factory under construction at Frasers Property

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News Queensland 

Barwon Investment Partners sells Newmarket medical centre for $11.4m

November 30, 2020November 30, 2020 Marc Pallisco

Medical fund manager Barwon Investment Partners has banked $11.4 million from a purpose-built healthcare facility in Brisbane’s inner-north Newmarket. The

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News Queensland South Australia Western Australia 

Primewest spends $17.5m on childcare centres for new income fund

November 26, 2020November 27, 2020 Marc Pallisco

EXCLUSIVE Primewest is acquiring three childcare centres for a new fund. In the priciest deal, it is paying $7.25 million

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A.C.T. New South Wales News Queensland Victoria 

Iris Capital pays AccorInvest c$180m for distressed iProsperity portfolio

November 26, 2020November 26, 2020 Marc Pallisco

Sydney publican Sam Arnaout is paying AccorInvest c$180 million for 17 Ibis hotels. Twelve are in the purchaser’s home state

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News Queensland 

Elanor seeds fund with $80.2m Woolloongabba healthcare, office asset

November 26, 2020November 26, 2020 Marc Pallisco

Elanor Investors Group (ENN) will seed its third fund in three months with a Woolloongabba mixed-use commercial investment costing $80.2

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News Queensland Victoria 

Mirvac unveils projects in Brisbane, Brunswick and Doncaster

November 25, 2020November 27, 2020 Marc Pallisco

Sydney based Mirvac has unveiled three projects of varying budgets in the capitals north and south of it. In Melbourne’s

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News Queensland 

QICGRE sells Marsden shopping centre to new HomeCo trust for $48m

November 25, 2020November 25, 2020 Marc Pallisco

Home Consortium managed HomeCo Daily Needs REIT, which listed this week, is paying QIC Global Real Estate $48 million for

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News Queensland 

Bowen Hills amalgamation collects $10.2m

November 25, 2020November 25, 2020 Marc Pallisco

A portfolio of seven neighbouring Bowen Hills properties has sold for $10.23 million. The offering spreads 3276 square metres within

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News Queensland 

Forza Capital pays Mirvac $86.8m for Brisbane CBD office

November 23, 2020November 23, 2020 Marc Pallisco

Forza Capital has picked up a B-grade Brisbane CBD office for $86.75 million. The deal for 340 Adelaide Street, with

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News Queensland 

Mackay West Shopping Centre sells for $10.4m

November 23, 2020November 23, 2020 Marc Pallisco

A Brisbane investor seeking an IGA-anchored retail asset found one, 970 kilometres north in Mackay, and paid $10.4 million. Mackay

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New South Wales News Queensland Victoria 

ESR buys 11 Propertylink investments for $302.5m

November 20, 2020November 23, 2020 Marc Pallisco

ESR Australia is buying out one of its managed funds – the Propertylink Australian Industrial Partnership II (PAIP II) –

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News Queensland Victoria 

HPI spends $63.3m on three east coast gaming assets

November 19, 2020November 19, 2020 Marc Pallisco

Hotel Property Investments is paying $63.3 million for three east coast gaming venues. In the priciest deal the group is

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News Queensland 

Dexus, Canada pension fund list c$300m 10 Eagle St

November 19, 2020April 6, 2021 Marc Pallisco

Postscript: this property sold in April, 2021. Read our story here. The day it announced a half share sale in

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New South Wales News Queensland South Australia Victoria 

LWHP pays $353m for six Bunnings investments

November 17, 2020November 20, 2020 Marc Pallisco

Charter Hall managed Long WALE Hardware Partnership (LWHP) – which includes Telstra Super and VFMC as partners – has paid

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New South Wales News Queensland Victoria 

Centuria spends $171.1m on cold storage portfolio

November 17, 2020November 18, 2020 Marc Pallisco

Centuria Industrial REIT (CIP) has spent $171.1 million on three Australian east coast cold storage investments. The deal is being

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News Queensland 

Peter Bond relists Dunk Island

November 16, 2020November 18, 2020 Marc Pallisco

Dunk Island – which has had a swag of high-profile owners including Qantas – is for sale again. Off Mission

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News Queensland 

RT Health banks $7.15m from vacant Brisbane CBD office

November 11, 2020November 11, 2020 Marc Pallisco

RT Health has sold a renovated heritage commercial asset in Brisbane’s financial precinct. The purchaser, an investor, is paying $7.15

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News Queensland 

Morningside factoryettes reap $9.8m off-the-plan

November 13, 2020November 13, 2020 Marc Pallisco

Nine premium quality factoryettes under construction at the entrance of Morningside’s Colmslie Business Park have sold for a total of

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News Queensland 

Syndicate pays $17.75m for Acacia Ridge’s ex-Mitre 10 regional distribution centre

November 10, 2020November 10, 2020 Marc Pallisco

A syndicate is paying $17.75 million for an Acacia Ridge industrial property with plans to demolish an office and further

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News Queensland 

Servco sells EG another car showroom, maintenance centre with a leaseback

November 2, 2020November 2, 2020 Marc Pallisco

EG Funds Management is paying Servco $13.6 million for the Downtown Toyota car showroom and maintenance centre in Brisbane’s inner

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News Queensland 

Elanor buys Woolloongabba healthcare investment for $37m

October 28, 2020October 28, 2020 Marc Pallisco

Elanor Investors Group (ENN) has paid $37 million for the Woolloongabba Community Health Centre in Brisbane’s inner south. The asset

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News Queensland 

EADP spends c$90m on Acacia Ridge industrial asset, plans premium redevelopment

October 20, 2020October 20, 2020 Marc Pallisco

ESR Australia Development Partnership (EADP) is paying c$90 million for an 18 hectare industrial investment it classifies a development site

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News Queensland 

Pinkenba industrial investment trades for $9.4m

October 16, 2020October 16, 2020 Marc Pallisco

A modern office/warehouse opposite Brisbane Airport has sold for $9.414 million reflecting a 5.8 per cent yield. On 1.1 hectares,

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News Queensland 

Clarence spends $8.8m on another Murarrie industrial investment

October 13, 2020October 15, 2020 Marc Pallisco

Clarence Property Corporation has paid $8.8 million for an office/warehouse in Brisbane’s Murarrie – the suburb it acquired its first

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News Queensland 

Cadence pays $10.5m for vacant Redbank industrial investment, plans rejuvenation, re-let

October 13, 2020October 15, 2020 Marc Pallisco

Cadence Property Group has paid $10.5 million for a south west Brisbane industrial property it plans to upgrade while offering

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News Queensland 

Mater buys office, flips it with a leaseback to CQE for $122.5m

October 9, 2020November 20, 2020 Marc Pallisco

An office under construction in Newstead has sold twice on the same day to wind up in the hands of

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News Queensland 

Ormeau logistics investment picks up $43m from Centuria

October 6, 2020October 7, 2020 Marc Pallisco

Centuria Property Fund No 2 has purchased a $43 million Ormeau logistics investment for one of its trusts. The deal

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News Queensland 

Breezway HQ in Coorparoo collects $12.5m from Centuria

September 30, 2020September 30, 2020 Marc Pallisco

A high quality industrial asset in Coorparoo is exchanging to Centuria Industrial REIT for $12.5 million. Tenanted until 2028 to

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News Queensland 

Capalaba Officeworks sells to Sydney investor for $8.4m sight unseen

September 29, 2020September 29, 2020 Marc Pallisco

A Brisbane bulky goods asset leased to Officeworks has sold to a Sydney investor for $8.425 million sight unseen. The

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News Queensland 

Hastings Deering sells Willawong industrial site for $41.5m

September 28, 2020September 28, 2020 Marc Pallisco

Major Caterpillar distributor Hastings Deering has sold a Brisbane industrial development site for $41.5 million. The Willawong property at 182

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News Queensland 

Ghassan Aboud pays Deague c$75m for Brisbane’s Fantauzzo hotel; flags rebrand

September 24, 2020September 25, 2020 Marc Pallisco

Ghassan Aboud has purchased his first Brisbane guesthouse – the new Fantauzzo Art Series Hotel, beneath and beside the Story

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News Queensland 

Minyama office investment collects $6.35m

September 24, 2020September 24, 2020 Marc Pallisco

A Minyama office has sold for the second time in two years – for an $835,000 profit. The double storey

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News Queensland 

APN pays Denmac $27.5m for three Queensland service stations

September 18, 2020September 18, 2020 Marc Pallisco

Denmac Nominees has sold three near-new Queensland service stations to APN Convenience Retail REIT (AQR) for a total of $27.5

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News Queensland 

Alceon sells new Robina office for $41.3m

September 15, 2020September 15, 2020 Marc Pallisco

Alceon has pre-sold a Gold Coast office earmarked for part of a site acquired from the local council early last

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News Queensland 

Cloncurry region cattle station Nardoo collects $35m from producer

September 13, 2020September 13, 2020 Marc Pallisco

Sam Daniels, a member of one of Queensland Gulf’s biggest cattle producing families, outbid 10 suitors on Friday to pick

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New South Wales News Queensland Victoria 

Regional commercial real estate portfolio sold privately after auctions cancelled

September 11, 2020September 11, 2020 Marc Pallisco

Fifteen east coast commercial properties which were to have been offered at portfolio auctions that were cancelled this quarter because

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News Queensland Victoria 

Centuria Industrial REIT spends $32.5m on assets in Melbourne, Brisbane

September 1, 2020September 30, 2020 Marc Pallisco

Centuria Industrial REIT (CIP) has acquired two commercial investments and settled on the purchase of two more – making for

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News Queensland 

Investec spends $15.6m on Brendale industrial investment

August 18, 2020August 18, 2020 Marc Pallisco

Investec Australia Property Fund (IAP) is paying $15.614 million on a funds through basis for a Brisbane industrial investment. The

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News Queensland 

John Fink buys Stokehouse Q from Frank Van Haandel

August 13, 2020August 13, 2020 Marc Pallisco

John Fink has purchased the Stokehouse Q restaurant in Brisbane’s South Bank from other hospitality heavyweights – Frank and Sharon

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News Queensland 

Mixed use Cavill Ave investment sells for $6.1m

August 14, 2020August 14, 2020 Marc Pallisco

An investment consortium led by a local has paid $6.1 million for one of 17 freestanding properties on Surfers Paradise’s

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New South Wales News Queensland 

LOGOS, TCorp pay Sigma $172m for two distribution centres

August 11, 2020August 12, 2020 Marc Pallisco

A joint venture between New South Wales’ Treasury Corporation (TCorp) and LOGOS – which is majority controlled by Singapore’s ARA

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News Queensland 

Clive Palmer spends $5m to expand Fig Tree Pocket pile

August 11, 2020August 11, 2020 Marc Pallisco

Clive Palmer is spending $5 million to expand his residential holding in Brisbane’s Fig Tree Pocket. The mining magnate paid

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News Queensland 

Dexus healthcare fund buys Clayfield’s College Junction for $36.5m

August 5, 2020May 4, 2021 Marc Pallisco

Dexus managed Healthcare Property Fund – which delivered a high 10.9 per cent return for the year to June 30

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News Queensland 

Palaszczuk government lists office site at Lumina innovation cluster

August 5, 2020August 17, 2020 Marc Pallisco

The Queensland government has listed a commercial development site at its 200 hectare Gold Coast Health and Knowledge Precinct, the

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News Queensland Victoria 

Frasers’ logistics trust buys Melbourne and Thames Valley investments, sells half stake of Brisbane facility

August 4, 2020August 5, 2020 Marc Pallisco

Frasers Logistics & Commercial Trust will pay its parent Frasers Property $91.6 million (S$89.9m) for an industrial investment in Melbourne

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New South Wales News Queensland Victoria Western Australia 

Nationwide Towing & Transport founders sell four industrial investments with a leaseback

August 3, 2020August 4, 2020 Marc Pallisco

The founders of Nationwide Towing & Transport have sold four industrial investments with a leaseback for a speculated total price

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News Queensland 

One owner occupier pays another $8m for modern Meadowbrook factory

August 1, 2020August 1, 2020 Marc Pallisco

One owner occupier is paying another $8 million for a recently constructed Meadowbrook industrial facility. On 1.8 hectares, with c200

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News Queensland 

APN pays $10.5m for Brisbane Airport Link service centre

July 27, 2020July 27, 2020 Marc Pallisco

APN Convenience Retail REIT (AQR) has paid $10.5 million for the Brisbane Airport Link service centre, in Hendra. The deal

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News Queensland 

QUT’s Pilot Plant Research Facility sells for $7m

July 14, 2020July 14, 2020 Marc Pallisco

A Banyo industrial facility leased to Queensland University of Technology as its Pilot Plant Research Facility, part of the school’s

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News Queensland 

CEVA expands at Frasers’ Berrinba Logistics Park

July 14, 2020July 14, 2020 Marc Pallisco

CEVA Logistics has expanded at a Frasers Property Industrial business park in Berrinba, in Brisbane’s south. The occupier has signed

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News Queensland 

Ormeau food processing plant collects $12.2m

July 7, 2020July 7, 2020 Marc Pallisco

A modern food processing plant in the fast-growing corridor between Brisbane and the Gold Coast has sold for $12.2 million.

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