Telstra banks $22m from prominent inner-city exchange
Telstra has sold the 1260 square metre balance of a prominent former exchange. The telco banked $22 million from developer,
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New South Wales
April Group, MaxCap pay $117m for medical centre
April Group and MaxCap have confirmed their $117 million acquisition of a prominent medical centre beside Royal Prince Alfred Hospital
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Occupiers trade $23.5m office/warehouse
New York listed direct-selling health and wellness company USANA has sold its long-time Sydney headquarters. Another owner-occupier – relocating from
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BlueScope banks $76m for housing site
EXCLUSIVE Steelmaker BlueScope has struck another surplus land deal – selling a major residential development site. The 31 hectare parcel
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Investa, BGO acquire Dexus offices for $715m
Dexus has sold a three-office portfolio to Investa and Canadian fund manager BGO for $715 million. The deal, mooted by
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GIC buys controlling stake in five malls
Singapore sovereign wealth fund GIC has bought a 90 per cent stake in five neighbourhood shopping centres. The $225 million
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Stake in CBD Westfield office fetches $226m
Hong Kong-listed Link REIT has divested a stake in its maiden Australian asset – bought months before the COVID lockdown.
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DoorDash chooses revamped office for HQ
Mirvac, on behalf of China Investment Corporation, and M&G Real Estate, have filled just over 10,000 square metres of a
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Ex-Siemens office bought for Chinese car dealership
A Lower North Shore office for years owned and occupied by Siemens has sold to a Chinese EV dealer. The
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NRL circles $100m Sydney hotel
The National Rugby League is understood to be weighing another significant property acquisition. The code is undertaking due diligence on
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Revelop snares west Sydney Woolworths, 7-Eleven
EXCLUSIVE Revelop has bought a shopping centre nine kilometres west of its Parramatta headquarters following an off-market deal. Prospect Central,
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Grace Bros store turned hotel changes hands
A hotel built into a c1937 Grace Bros store opposite Broadway Shopping Centre in Sydney’s inner west has sold. A
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IFM, UniSuper win approval for $3.9b business park
IFM Investors and UniSuper have been given the green light to build an industrial estate opposite the entrance to the
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Apartment site finds new life in data centre boom
ASX-listed Macquarie Technology Group has agreed to pay $240 million for a Sydney data centre campus site. The deal for
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ESR secures padel club to Sydney warehouse
One of the world’s fastest-growing sports has driven an unlikely Sydney industrial lease. Place of Padel has committed to the
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M&G pays $440m for stake in two logistics estates
M&G Real Estate bought a 49.9 per cent stake in two east coast logistics estates from Stockland. The London based
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Sam Arnaout banks $500m for NSW hotel portfolio
MA Financial-backed Redcape Hospitality has struck Australia’s largest freehold going-concern hotel deal, acquiring a portfolio of nine New South Wales
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Centennial snaps up outer Sydney industrial sites
Centennial, with Pirrama Capital Partners, has snapped up an industrial site beside the St Marys Intermodal Terminal, on Lee Holm
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Amazon chooses site for 200,000 sqm distribution centre
Amazon has secured a strategic Sydney site to build one of the country’s biggest robotics-enabled fulfilment centres. The US-based online
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Morgan Stanley makes maiden Australian retail play
Morgan Stanley on behalf of its Real Estate Investing arm, has made its maiden Australian retail investment, taking a stake
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Mirvac, Perron sell historic ex-Reader’s Digest HQ
Mirvac and the Perron Group have sold their jointly owned commercial building – the ex-Reader’s Digest HQ – off-market. The
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Assembly, PGIM buy another major shopping centre
The Lowy family backed Assembly Funds Management has teamed with PGIM Real Estate for another shopping centre, this time in
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Asset manager snares growth corridor homemaker centre
Centennial is paying a bullish price for a Sydney growth corridor bulky goods centre which last sold 20 months ago.
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Mitsubishi’s MEC grows industrial portfolio
Goodman has divested another major logistics asset, this time in Sydney. Mitsubishi Estate’s investment management arm MEC Global Partners Asia
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BYD expands in Melbourne, Sydney
Chinese car giant BYD has expanded again, committing to additional space at a Melbourne industrial estate (pictured, right) acquired late
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Kingsmede sells Sydney growth corridor site
Andrew Potter’s Kingsmede has sold a Sydney growth corridor housing estate site. The 3.05 hectare R2 Low Density Residential holding,
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Graya reaps major Byron Bay windfall
An off-market Byron Bay land flip has delivered Queensland developer Graya a substantial windfall, while expanding a Chemist Warehouse-linked family’s
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Coles sells small Sydney arcade
Coles has sold an Upper North Shore retail property after 20 years. The part vacant Turramurra Arcade at 1259 Pacific
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Soul Patts takeover triggers $2.65b industrial deal
Goodman Group and its largest property fund are spending about $2.65 billion to acquire interests in industrial property partnerships held
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Lake Macquarie mall sold after extension
A Lake Macquarie shopping centre has sold after being extended across the road. Wyee Village East and West collected a
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Department of Defence $3b portfolio sell-down begins
The first of 67 Department of Defence sites listed for sale last quarter – a public land portfolio worth over
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Freecity approved to build $330m village
Freecity Group has been permitted to develop an apartment based mixed-use project (artist’s impression, top), 43 kilometres north west of
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Agency buys landmark office for HQ
One of the country’s largest real estate agencies has bought the top two floors of Australia’s first Art Deco skyscraper
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GPT spends $1.2b on shopping centre stakes
GPT on behalf of the Wholesale Shopping Centre Fund, has agreed to acquire half stakes in two regional malls from
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Cromwell fund suffers hit on office sale
Cromwell Property Group has agreed to sell a Queanbeyan office for a loss on what it paid in 2019. On
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Redcape picks up historic Sydney pub
MA Financial-backed Redcape Hospitality has acquired Woolloomooloo’s Frisco Hotel from Queensland-based Sun Group. The heritage-listed three level hotel set it
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Botany warehouses fetch $11.2m
An industrial investment neighbouring the enormous ex-Standard Knitting Mills factory, at Botany, has sold. The two warehouses, 36-38 Sir Joseph
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Operators trade Peakhurst Hotel
John Feros’ JDA Collective has sold the Peakhurst Hotel after 10 years and a renovation. The freehold going concern fetched
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IKEA sells waterfront warehouse
IKEA has banked an impressive capital gain selling its waterfront Rhodes warehouse, bought in the years following the Global Financial
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Australian Unity buys Casa Capace SDA portfolio
Australian Unity, for the Specialist Disability Accommodation Fund, has bought the Casa Capace specialist disability accommodation portfolio lifting assets under
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South Bondi Hotel sold again
Two ex-Public Hospitality pubs have sold out of receivership for a combined c$80 million. Clime Asset Management and Singapore-based Vantage
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Government sheds North Sydney mixed-use site
A development site earmarked for a mixed-use project adjoining Victoria Cross Metro Station in North Sydney has traded for a
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Investa eyes pair of Dexus offices
Investa is understood to be in negotiations for a pair of east coast offices – a c$700 million outlay. The
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Ex-hospital with repurpose upside for sale
A sprawling rehabilitation and mental health hospital in suburban Wollongong has been listed for sale after closing in March. The
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Goodman expands Botany footprint
Goodman has expanded its Botany holding buying 3 and 5-7 Hale Street from interests associated with the occupier. The sites
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Squash courts sold for childcare centre
The Willoughby Squash Club – the last indoor racquet sports centre on Sydney’s lower north shore – has sold following
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West Sydney warehouses fetch $16m
An industrial asset with two buildings – one leased for five years – has sold to an occupier. The Girraween
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Revelop buys trio of Sydney malls
Revelop has expanded its Sydney retail holdings with the acquisition of three neighbourhood shopping centres – two anchored to Coles,
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Offshore investor flips Sydney showroom
A Chinese investor is banking a $2 million profit selling a south Penrith industrial investment after two years. The Reece
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Developers trade permit-ready apartment site
Local developer Bathla has sold a Sydney growth corridor site permit-ready for six four-storey apartment buildings. The group is banking
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Parramatta office fetches $9m after refurb
A compact three level office in Parramatta’s Justice Precinct has sold off-market. The 672 square metre building with basement car
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Historic ice cream cone factory flipped after repurpose
An inner-city ice cream cone factory recently converted into a co-living complex has sold to an offshore investor for $10.425
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Not for profit buys Woolloomooloo development site
A major not for profit has swooped on a 1960s Woolloomooloo office listed with a controversial permit for a five
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Jon Adgemis receivers sell Potts Point hotel again
Oscars Group has bought a Potts Point guesthouse after a deal late last year to Tom Wallace’s Millinium Capital didn’t proceed.
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Stockland turns sod at Sydney apartment site
Stockland today turned the first sod, representing the start of construction, at a Sydney project marking its return to apartment
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Bondi Beach neighbours unite, sell to developer
Local apartment developer Rafi Assouline has bought what was marketed as Bondi Beach’s largest amalgamation (pictured, right) – 14 properties
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Fairfax family sell suburban Sydney pub
The Fairfax family has sold a south Sydney pub held 27 years. Thomas Hotels has paid $42 million for The
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Justin Hemmes buys vacant RSL
Justin Hemmes has bought a Sydney CBD freehold opposite one of its flagship hospitality precincts, continuing a consolidation play around
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Petersham pub sold after revamp
Australian Venue Co has bought the freehold going concern to the White Cockatoo Hotel at Petersham from Ray Reilly who
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Vicinity pays $400m for Sydney retail investment
Vicinity Centres has agreed to buy a recently completed discount outlet mall, supermarket and large format retail complex in west
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Operator trumps developers for $70m Sydney pub
JDA Collective has quietly bought a Sydney pub from the Yang family which held over 40 years. The freehold going
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Centuria banks $200m from industrial assets
Centuria has sold four investments on behalf of the Industrial REIT (CIP). In the priciest deal, a cold storage facility
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Furniture warehouse sold for school
Warakirri College has bought the Brescia Furniture showroom in Cabramatta, with plans to convert it to a secondary school. The mixed
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Offshore developer eyes $50m Sydney supersite
Co-living investment giant Wee Hur Holdings has lined up a lower north shore supersite. The 2944 square metre Nicholson Street
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Agnew Group doubles down in Moruya
Agnew Group, behind the Hive Hotel brand, has swooped on the Moruya Waterfront Hotel Motel. The freehold going concern hit
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QIC sells Chatswood gym
QIC has settled on the sale of a gym in Chatswood’s industrial precinct. The 6491 square metre holding, 350 Eastern
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Redcape snaps up Central Coast hotel
The Thomas family has sold the freehold going concern to another popular hotel, this time to the Redcape Hotel Fund.
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Sonic expands Macquarie Park footprint, plans state significant project
Stockland has quietly sold a Macquarie Park office to neighbour Sonic Healthcare which has just applied to replace the amalgamation
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Solotel buys Sydney pub from landlord
Elliot Solomon has bought a popular inner city pub from his landlord of nearly 20 years. The Court House Hotel
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Greystar sheds maiden industrial asset
Greystar has quietly sold one of four industrial assets which marked its entry into the local sector in 2022. The
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Blackstone, Fife trade DHL distribution centre
Blackstone is selling a modern logistics facility in Sydney’s outer west, to Fife Capital. The result for 78 Templar Road,
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Ex-Public Transport Union HQ sells
The city’s ex-Public Transport Union headquarters in Chinatown has sold. Nowadays a boutique office known as LM House, 333-337 Sussex
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Modern SDA investment trades for $7.9m
A three year old specialist disability accommodation investment in Sydney’s south west has sold. The $7.85 million result for the
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Developer buys back Mosman post office
Sun Property Group has bought back a Mosman post office and neighbouring Indian restaurant, sold in 2024. The local developer
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Exceed lines up Sydney Olympic Park office
Exceed Capital has entered negotiations to buy a Sydney Olympic Park office leasehold from Charter Hall. The six level building
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Nick Politis buys Sydney’s Chopard store
The Australian Federal Police has sold a prominent Sydney CBD retail property seized under proceeds-of-crime laws. Nick Politis bought 119
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Arthur Laundy doubles down in Woy Woy
Harvest Hospitality has sold the Woy Woy Hotel after five years and a renovation. The group is in the black
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Charter Hall buys sprawling Sydney car dealership
Charter Hall has snapped up a large-format automotive retail asset in Sydney’s south. The Kirrawee properties, 499-511 Princes Highway and
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Aliro, Goodman trade two industrial investments
Aliro Group has picked up two west Sydney industrial investments from Goodman, outlaying $438 million. The deal includes at Pemulwuy,
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Centuria, Quanta trade another healthcare asset
Quanta is buying another medical centre investment from Centuria, this time in New South Wales at the Victorian border. The
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