GIC buys into $1.6b Melbourne office project
Charter Hall has sold half a stake in the 555 Collins Street office project to Singapore sovereign wealth fund GIC.
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Victoria
Neometro buys back into Fitzroy
Neometro has snapped up a prominent Fitzroy warehouse with plans for a luxury apartment project. At 450 Gore Street, on
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AU corners gateway Geelong medical centre
A fully leased Corio medical centre neighbouring four vacant dwellings offering immediate development upside, has been snapped up by Australian
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Ryman names village after Bert Newton
Ryman Healthcare has named a retirement village and aged care complex under construction at Highett after late entertainer Bert Newton.
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AVC buys eight Melbourne pubs
KKR-backed Australian Venue Co has purchased eight Melbourne pubs including St Kilda’s Espy or Esplanade Hotel. Sand Hill Road was
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Sapphire by the Gardens tops out
Multiplex has topped out the distinctive Sapphire by the Gardens complex, on a gateway city site near the Royal Exhibition
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Hillbrook completes small disability accommodation complex
Hillbrook Projects has opened a small specialist disability accommodation complex, Arche, in central Werribee. The single storey, three bedroom dwelling
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Collective secures CBD office
Collective Capital has made another counter cyclical play, this time on a Melbourne office. The 11 level, 5200 square metre
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Aged care group leases ex-Gurner HQ
HammondCare has leased a Malvern office recently vacated by Gurner. The not for profit aged care provider, which focuses on
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Fife leases small industrial estate
Fife Capital has leased up a small Port Melbourne light industrial estate prior to completion. The business park, 39 Wharf
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Another art deco attracts marathon auction
Investors snapped up two small commercial properties at the top of town this month. In the biggest deal, two locals
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ICD scoops up infill townhouse site
ICD Land has outlaid over $50 million for a medium density housing block in Melbourne’s west. The 5.295 hectare parcel,
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Roxburgh Park’s ex-Masters sold, set for redevelopment
Self storage giant Kennards has paid $35 million for a former Masters store in Melbourne’s north Roxburgh Park. The off-market
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Woolworths buys Oakleigh car yard
Woolworths’ development arm Fabcot has paid over $37 million for a collection of Oakleigh sites including the prominent Garry &
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Cootes lists Pakenham HQ with development clause
Cootes Quarry Products is selling a central Pakenham logistics asset with a 10 year triple-net leaseback. The 1.42 hectare parcel
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Developer buys Xavier’s Kostka Hall
Jeff Xu has snapped up another redundant school for a medium density project – this time in Brighton. The executive’s
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Huawei opens maiden Melbourne store
Huawei has chosen Vicinity’s The Glen for its maiden Melbourne store. The Chinese technology giant has leased c125 square metres
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Décor consolidates from two sides of town
Décor will consolidate an office and distribution centre at opposite ends of town to a single Dandenong South base. The plastics
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Forza snaps up historic Nicholas Building
A consortium including the Cohen and Smorgon families has sold the city’s historic Nicholas Building after 49 years. The 11
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Controversial Hampton block sold
Launch Corporation has sold a Hampton building block after three years fighting neighbours and Bayside City Council to develop it.
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Prestige developer dodges collapse
Prestige residential developer, Knight Building Group director, Ronen Kavallero, has avoided collapse following a personal insolvency agreement which saw debts
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Universal makes tactical Avalon play
Andrew Sirianni’s Universal Corporation has picked up a major Avalon farm which has been on and off the market for
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SCA offloads Epping North shopping centre
Four small retail investments have sold for a total of over $90 million. In the biggest deal, SCA Property Group
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Billy Hyde tunes out of Travancore
Three neighbouring Travancore showroom/warehouses which for decades accommodated the Billy Hyde Music business have been sold by the founder’s family
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Another inner-city police site sells
Victoria Police Legacy has sold Carlton’s historic Louisa Terrace held for nine years. Within the South Drummond Street precinct –
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Gurner shelves St Kilda hotel
Gurner is selling the St Kilda site purchased two years ago for its maiden Club Maison hotel. The ex-Cushion Lounge
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Scotch adds acre to waterfront Phillip Island pile
Scotch College has extended its 67 year old waterfront Cowes camp site again. In the latest deal, the private school
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Hospitality boss snares ex-AFL House
Hospitality tsar Fab Ippoliti has purchased East Melbourne’s former AFL House. The five level, B-grade office at 120 Jolimont Road,
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School acquires boutique Richmond reception centre
Melbourne Indigenous Transition School has outlaid $6.5 million for a Richmond Hill mansion-turned-reception centre. The c1870 Victorian at 364 Church
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Investors splash out on East Melbourne sites
Three low rise East Melbourne properties have traded for a speculated total of over $45 million. In the most recent
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