Andrew Forrest buys Gaia from Olivia Newton-John
Andrew and Nicola Forrest’s Tattarang has purchased the Gaia Retreat & Spa at Brooklet, about 15 kilometres south west of
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New South Wales
JY buys Roselands shopping centre stake
JY Group has paid $167 million for a half-stake in Sydney’s Roselands Shopping Centre. Challenger’s CIP Asset Management was the
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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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Woolworths sells Wollongong mall on tight yield
Woolworths’ construction arm Fabcot has offloaded a modern shopping centre with residential development upside at Bulli, 12 kilometres north of
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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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Equinix, PGIM form $770m data centre partnership
Equinix will develop two xScale data centres at Rosehill after striking a $770 million partnership with PGIM Real Estate –
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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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Event, Laundy trade Bass Hill hotel
Laundy Hotels is paying a speculated $28 million for Rydges Bankstown at Bass Hill, south west of Sydney. On a
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LOGOS, AustralianSuper snare Qantas portfolio
LOGOS, backed by the Abu Dhabi Investment Authority – a partnership known as the LOGOS Australia Logistics Venture (LALV) –
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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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Primewest snaps up Potts Point retail investment
Primewest has purchased the sixth asset for its Daily Needs Retail fund (DNR) – at Potts Point, in Sydney’s inner
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Dexus purchases Moorebank land for logistics park
Dexus and its managed Industria REIT (Industria) – formerly the APN Industria REIT – have picked up a Moorebank industrial
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Jon Adgemis snares Annandale pub
Jon Adgemis has acquired the freehold going concern of Annandale’s Empire Hotel. It is the second pub the businessman has
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Harvest adds Woy Woy Hotel to portfolio
Harvest Hotels has picked up the Central Coast’s Woy Woy Hotel following an off-market deal. The unlisted fund manager is
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Vineyard Hotel sells for c$70m
The Vineyard Hotel, in Sydney’s outer north west, has sold for c$70 million. On 7.69 hectares at 725 Windsor Road,
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Government earns $36m from Longs Lane terraces
After two years, the state government has sold The Rocks’ historic Longs Lane precinct. The leasehold deal for 17 residences
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Billionaire family sell Gosford holding
The Karedis family has sold a Gosford holding permit-ready for a mixed-use complex with two residential buildings, the tallest rising
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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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GPT divests Wollongong Central after 25 years
Haben intends to seed a fund with a Wollongong shopping centre and office it is picking up for just over
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Blackstone sells Warrawong shopping centre
Blackstone has sold Wollongong’s Warrawong Plaza a year after a deal to Panthera Property Group fell through. It has taken
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Sydney bulky goods centre fetches $28m from EG
EG has purchased the priciest property yet for its Private Wealth division – which was launched last September. The fully
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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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Oscars buy into Tamworth pub portfolio
Bill and Mario Gravanis’ Oscars Hotel Group has purchased a half stake in The Pub Group Tamworth portfolio. The balance
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Childcare centre sells at sub three per cent yield
A Central Coast childcare centre has traded for $7.5 million setting a state record low 2.99 per cent yield for
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Link in play for three Sydney shopping centres
Link REIT – Asia’s biggest real estate trust – is in due diligence for a half stake of three Sydney
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Scape, UTS trade accommodation portfolio
Scape is paying the University of Technology Sydney a speculated $95 million for three student housing assets with a total
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Bunnings sells unbuilt South Kempsey store
Bunnings has sold its unbuilt South Kempsey store to a Lowe Group managed syndicate on a funds through basis. The
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Trilogy buys Hexham warehouse
Trilogy Funds Management has picked up a contemporary office/warehouse at Hexham, north west of Newcastle. The 2.98 hectare property, 16
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Investors spend $30.35m on leaseback assets
Six commercial assets offered with leasebacks sold at a portfolio auction event yesterday. The priciest, a Sunbury Ford dealership, collected
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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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