Megan Gale and Shaun Hampson spend $805k on Daylesford weekender

Model and businesswoman Megan Gale with fiancé, ex-Carlton and Richmond footballer Shaun Hampson, has spent $805,000 for weekender Dollywood Daylesford, north west of Melbourne. The 1940s modernist weatherboard at 82 Central Springs Road purchased from former Geelong player Marcus Baldwin and his wife, Eloise Fox, will be both occupied and rented out, the incoming owners

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Abbotsford plot opposite brewery earns $8.3m from land banker

An Abbotsford industrial property with significant development upside opposite Carlton & United Breweries’ main plant traded for $8.3 million – 20 per cent over guide – at a socially-distanced on-site/online auction on Wednesday. On 2520 square metres, 53-59 Church Street and 4-6 Mayfield St were offered by the family of Australian chief science officer, Alan

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

Sydney publican Sam Arnaout is paying AccorInvest c$180 million for 17 Ibis hotels. Twelve are in the purchaser’s home state amongst them Ibis Sydney Airport (pictured, top), Ibis Budget Sydney Olympic Park and Ibis Newcastle. Three are in metropolitan Melbourne including a 230-room inn near Queen Victoria Market. There is one in each of Brisbane

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ESR buys 11 Propertylink investments for $302.5m

ESR Australia is buying out one of its managed funds – the Propertylink Australian Industrial Partnership II (PAIP II) – for $302.5 million. The deal will see 11 east coast assets transferred to another ESR Australia trust, ESR Australia Logistics Partnership (EALP): 12A Rodborough Road, Frenchs Forest, NSW 98 Kurrajong Avenue, Mount Druitt, NSW 2

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LWHP pays $353m for six Bunnings investments

Charter Hall managed Long WALE Hardware Partnership (LWHP) – which includes Telstra Super and VFMC as partners – has paid $353 million for a portfolio of six metropolitan Bunnings stores. Five are in the east coast capitals of Sydney (Bonnyrig and Caringbah), Melbourne (West Footscray) and Brisbane (Underwood and Virginia). The other is in Adelaide’s

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Centuria spends $171.1m on cold storage portfolio

Centuria Industrial REIT (CIP) has spent $171.1 million on three Australian east coast cold storage investments. The deal is being struck on a blended 5.62 per cent yield. All properties are occupied, to either national or international businesses. One of them was acquired as a leaseback. The portfolio’s Weighted Average Lease Expiry is 6.4 years.

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CSL backed vaccine maker Seqirus pre-commits to landmark Melbourne Airport shed

Melbourne Airport Corporation has pre-committed CSL-backed cell-based vaccine and antivenom manufacturing group Seqirus to what will be one of Australia’s largest industrial properties – nearly 1.5 times the size of Rialto Towers. The key factor for the tenant was location – specifically, the ability it will provide to quickly fly out supplies all day every

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