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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Victoria
Dexus, APN spend $1.5b on airport, warehouses, land
Dexus, in partnership with APN Industria REIT (ADI) – which it now manages – has spent nearly $1.5 billion on
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DMC leases another warehouse
Direct Mail Corporation has leased a new Epping warehouse to accommodate its third party logistics arm. The occupier has signed
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Third time lucky for Jam Factory revamp
An application to redevelop South Yarra’s Jam Factory as a mixed-use village with an end value of $1.5 billion will
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Woolworths sells Greenvale Lakes shopping centre
Woolworths has sold a new Roxburgh Park shopping centre for $27.7 million. The price for Woolworths Greenvale Lakes at 200-230
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Minogue family list Hawthorn office
The Minogue family is selling an A-grade Hawthorn office acquired during construction in 2007. At 108-110 Church Street, the asset
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Avon Court discounted again
Avon Court, in Hawthorn’s prestigious St James Park precinct, has been relisted with a revised price guide. The four-storey property
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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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Footwear giant commits to high-tech warehouse
Munro Footwear Group – which turns 60 next year – has pre-committed to a high-tech distribution centre at Charter Hall’s
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Arden 2.0 at a glance
A revised structure plan affecting Arden, in Melbourne’s inner north west, has been made public for consultation ahead of a
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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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Ex-Aesop HQ earmarked for apartments
Urban is proposing to replace Fitzroy’s recently vacated Aesop headquarters with an eight storey apartment building topped with a 148
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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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Little Projects picks up Richmond site
Neighbouring properties on Brighton Street, Richmond, accrued by late rag trader Geoff Bade, are selling to Little Projects for a
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Billy Brownless adds another pub to portfolio
Former footballer Billy Brownless has added another Geelong pub to his hotel portfolio. The leasehold of the Commun na Feinne,
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Chemist Warehouse execs buy ex-bank to occupy
A former bank beside Richmond Town Hall has been purchased by interests associated with Chemist Warehouse, with plans to occupy.
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Demons sell Bentleigh pub to developer
As part of plans to exit the gambling industry by next August, Melbourne Football Club has sold a Bentleigh pub
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Ingenia buys Carrum Downs, Sunshine Coast sites
Ingenia Communities is paying $10 million for a Carrum Downs seniors housing investment. Protea Village, on 6279 square metres at
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Nu-Pure expands into Centennial estate
Spring water bottler and distributor Nu-Pure has pre-committed to a warehouse at Truganina’s Boundary Industrial Park. The 16,017 square metre
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QIC picks up near-new Craigieburn mall
QIC has picked up the two year old Craigieburn Junction homemaker centre, in Melbourne’s north. The $135 million deal is
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Fishermans Bend sites collecting $100m-plus
Two major Fishermans Bend sites are selling for a total of over $100 million. In the biggest deal, a modern,
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Zagame family sell Reservoir hotel
The Zagame family has sold the freehold of Reservoir’s Edwardes Lake Hotel for $28 million. The deal, with Hotel Property
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Go-ahead for Bellfield social housing project
A $24 million social housing project will replace part of the ex-Banksia La Trobe Secondary College, in Bellfield, following a
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HomeCo goes on $222m shopping spree
Home Consortium (HomeCo) has added six retail investments to its Daily Needs Trust (HDN), which floated last November. Two of
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NPP picks up Pakenham East housing site
National Pacific Properties – an arm of Burbank Group – is paying $48.5 million for a Pakenham East farm with
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Jinding snaps up Kilmore housing block
Jinding Developments has snapped up another site on Melbourne’s outskirts with plans for a low density housing estate. At Quinns
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Aliro acquires Tottenham industrial site
Aliro Group has snapped up a prominent Tottenham industrial site from Cadence with plans for an 84,000 square metre logistics
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HThree swoops on Collins Street office
Vantage Property Investments has sold a Collins Street office for more than twice what it paid in 2015. HThree City
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Stockland doubles down in Geelong
Stockland has purchased its second Armstrong Creek development site in three weeks. The latest property, 529-549 Horseshoe Bend Road, is
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Lucent snares Northcote townhouse site
Lucent is understood to be paying well over $20 million for a former bacon and cured meat manufacturing plant, in
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