Beck family begins building Mornington Peninsula light industrial estate
Beckdev, led by Becton founder Max Beck with son Ben, has commenced construction of a light industrial estate at Rosebud
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Victoria
Racing club buys ex-RSL, car park
The Melbourne Racing Club’s hospitality arm has bought the ex-Pascoe Vale RSL and rebranded it The Cumberland. Pegasus Leisure Group
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Ground floor Southbank strata fetches $5.2m
A sprawling ground floor commercial space, part of Evolve Developments’ Botanic project in Southbank, has sold. The 517 square metre
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Star Media buys into Australian office fund
Star Media Group Bhd has invested $35.5 million in an Australian office-focused fund targeting exposure to assets in Sydney, Melbourne,
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Siemens, Stack sign Cremorne leases
360 Capital FM Limited and Alfasi Group have secured two more tenants to a five year old Cremorne office. With
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Maling Road Post Office repurposed
The former Maling Road Post Office, in Melbourne’s leafy east Canterbury, has been repurposed. The c1908 building at the south
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Wolfdene enters industrial sector via two Melbourne sites
Wolfdene has expanded into the industrial sector acquiring two Melbourne sites where it intends to deliver about $330 million worth
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Former JB Hi Fi executive banks $30m for waterfront pile
Former JB Hi Fi executive Richard Bouris and his wife, Alison, have quietly sold a contemporary waterfront home in the
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Holcim sells landmark site with part leaseback
Kinkora Investments has snapped up the first asset for a $500 million Starwood Capital backed mandate. The 12.47 hectare holding,
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Kinkora sells high profile Melbourne asset
Kinkora Investments has sold a south east Melbourne office/showroom/warehouse after 21 months. The asset manager until recently known as KM
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TE secures swag of tenants to Queen Street
TE Capital has secured five tenants to a Melbourne CBD office it is renovating near the legal precinct. The Australian
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Witches in Britches site closer to being developed
Jinding will shortly know whether it can replace the former Witches in Britches restaurant with a four storey office. The
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Otis leases Fishermans Bend space
Otis Elevator Co. has leased an office/warehouse in the Fishermans Bend employment precinct. The international lift company committed to 854
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Two luxury bathhouse operators secure prime Melbourne sites
Two wellness centre operators have secured prominent inner-city Melbourne sites – a response to a recent surge in demand for
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Victorian council sells KFC restaurant
EXCLUSIVE A Victorian council has sold a recently renovated high-profile fast-food investment for $4.875 million. The result for the KFC
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Another Melbourne council buys home site for parkland push
EXCLUSIVE A Melbourne council has bought three neighbouring homes near a strip retail precinct, to repurpose for a park. The
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Salta to develop harbourfront Docklands site at last
Salta Properties is ready to develop a spectacularly located Docklands site held 17 years. The group has just won permission
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Green light for $1.1b Melbourne industrial estate
IFM Investors, which in December took over ISPT, has won permission to start replacing a major Melbourne farm with a
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Guy Grossi sells Melbourne hotel
Recently retired restaurateur Guy Grossi has taken a hit selling a historic Melbourne hotel after three and a half years.
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Stockland buys Melbourne housing estate site
Stockland has bought a permit-ready housing estate site in Melbourne’s north east. The deal for the South Morang parcel –
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United Petroleum co-founder lists Mornington Peninsula retreat
United Petroleum co‑founder Avi Silver has put his Mornington Peninsula retreat on the market. The contemporary Merricks North home on
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Spotlight buys LFR investment
Spotlight Property Group has bought a large format retail investment at Moorabbin Airport. The sale price for the Moorabbin Retail
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Melbourne institution the Vegie Bar sold before auction
EXCLUSIVE The buildings which since 1988 have accommodated the popular Vegie Bar have sold before auction. The hospitality group buyer
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Developer secures another business to ex-Lunar Drive-In
Racking Supply Australia has consolidated its Melbourne operations to a Dandenong South office/warehouse leased last year initially for its Dexion
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Ex-Ford factory reborn as industrial estate
A chance to own a piece of motoring history has come up, with Pelligra Group beginning to replace the ex-Ford
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Fawkner buys Melbourne HQ from landlord
Fawkner Property has bought the A-grade office it rents for its headquarters. On a double sized block in the part
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Woolworths sells 10 assets to billionaire family
Woolworths Group has sold 10 retail investments in one line – part of a program to recycle real estate capital.
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RSL snaps up $30m hotel
Waverley RSL Sub-Branch has acquired the ibis Melbourne Glen Waverley for more than $30 million, securing a long-term base in
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Time & Place quietly buys inner-city Melbourne site
Time & Place has bought two modern, low rise offices from separate owners, with plans to replace the amalgamated site
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Toorak apartment owners unite, sell to developer
The owners of six strata titled apartments in Toorak have united to sell the block – including common areas –
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HMC swoops on two east coast malls
HMC Capital is buying two east coast malls for a retail fund. South of Sydney, the group is paying $71.5
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Interstate AFL club leases Docklands space
AFL club the Brisbane Lions has leased a prominent ground floor space at an A-grade office opposite Marvel Stadium’s southern
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Mazen Tabet buys another Melbourne boutique hotel
Mazen Tabet has quietly acquired one of Melbourne’s most luxurious boutique hotels – paying $1.67 million per suite. The freehold
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Offshore hotel investors trade Melbourne site
DoubleDragon Property Corp subsidiary Hotel 101 has bought a permit-ready hotel development site exposed to two Melbourne CBD roads. The
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Collective buys Melbourne growth corridor healthcare investment
EXCLUSIVE Collective Capital has bought an 18-month-old healthcare and wellness investment with development upside in Melbourne’s north. The asset at
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Centennial, Terraplex trade Melbourne industrial assets
Terraplex has bought a major four-warehouse industrial investment in Melbourne’s north with plans to sell it down for a profit.
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Healthcare giant leases bulk of ex-Target HQ
Leaf Corporation has secured a tenant for the bulk of Target’s former headquarters, in North Geelong. Barwon Health has signed
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Outgoing Tennis Australia boss lists waterfront home
Outgoing Tennis Australia boss Craig Tiley and wife, Alicia, are selling the beachfront home for which they paid a suburb
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Turnkey hospital for sale, Melbourne
A turnkey hospital and consulting hub – ready to operate with all necessary clinical infrastructure, including theatres, recovery bays, labs,
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Recently retired Footscray Hospital set to be razed
Development Victoria will begin demolishing the recently vacated Footscray Hospital in the second half of 2026, with an update on
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Guildford Bell home listed with $17.5m hopes
One of Victoria’s most significant modernist homes has returned to market – Seccull House, designed by revered architect Guilford Bell.
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Centuria, Morgan Stanley shed Melbourne warehouse
Centuria and Morgan Stanley have sold a multi-tenanted industrial investment in Melbourne’s north. The 1.77 hectare asset, 40 Scanlon Drive,
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Sorrento shops snapped up before auction
A triple fronted retail property on Sorrento’s Ocean Beach Road has sold before auction. The late 19th century limestone building
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Boral, Mirvac permitted to develop ex-quarry
Mirvac has won state government approval to replace a former clay quarry and brickworks in Melbourne’s south-east, seven years after
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Forza in play for Myer Melbourne building
Forza Capital is understood to be pursuing the landmark Myer store on the Bourke Street Mall – a deal which
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Impact sells green Collingwood office
The Liberman family backed Impact Investment Group has sold a four and a half year old Collingwood office for c$110 million.
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Charter Hall sells regional Victorian shopping centre
Charter Hall has sold the Lansell Square shopping centre, in Bendigo’s south west. The off-market deal with an Asia based
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Brady banks $36m for boutique Melbourne hotel
EXCLUSIVE Brady Group has sold a three year old boutique hotel in Melbourne’s inner east – banking $30.6 million or
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Keneco buys $27m site for Kennards Hire
Keneco, born out of Kennards Hire and predominantly investing in product leased to the group, has paid $27.2 million for a
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Developer appointed to replace ex-water tank site
Development Victoria has awarded PDG the tender to develop a major apartment tower and park in Melbourne’s north east. The
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New business leases ex-Hill of Content bookshop
EXCLUSIVE A two month old consumer electronics retailer – now seeking supply chain partners – has leased the former Hill
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Melbourne toy factory trades for $10.7m
A south east Melbourne warehouse, leased since last year to one of the country’s largest toymakers, has sold off-market. A
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Council lists site after slicing piece for park
A major apartment complex at the west end of Bell Street might be back on the cards with the local
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End of an era as Presentation Sisters sell historic convent, school
The Presentation Sisters have sold an inner city Melbourne convent and school held more than 150 years. The 1.89 hectare
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Centuria sells Melbourne shed held two years
Centuria has sold a west Melbourne warehouse bought in mid-2023 for a Starwood Capital Group mandate. Despite being tenanted then
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Nick Scali buys Melbourne showroom leased to rival
Nick Scali has quietly bought a two level building in the heart of a popular inner city Melbourne showroom precinct.
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Developer swoops on parkside Hawthorn office
Sydney based apartment developer Abadeen has swooped on a Hawthorn office covering 1300 square metres. The Pharmacy Guild of Australia
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Ramsay lists enormous ex-hospital in blue ribbon Grace Park
Another leafy east Melbourne site until recently used for essential services has hit the market with a chance it could
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McNee, Spotlight swap Melbourne assets in unusual deal
Vicland founder Bill McNee has acquired a $65 million South Yarra development site from Spotlight Property Group after Spotlight bought
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Victorian truck stop sells for $21.3m
Fawkner Property has sold a sprawling quick service retail investment in a popular holiday spot near the Victoria/New South Wales
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Aljasser expands Truganina footprint
Middle Eastern backed developer Aljasser Group has quietly bought another Truganina industrial site. The 5.52 hectare rectangle shaped block, 185
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Spotlight pays $185m for trophy Melbourne office
Spotlight Property Group, controlled by the Fried and Fraid families, has snapped up a trophy new Melbourne office from developer
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Kmart anchors new Melbourne shopping centre
EXCLUSIVE Kmart will anchor a shopping centre within Gill Family Corp’s 171 hectare St Germain, in Melbourne. The store is
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Chunk of Shepparton’s retail centre for sale
A prominent shopping plaza in the heart of Shepparton, Victoria’s fifth biggest town, has hit the market. Harris Scarfe Plaza
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Six bidders contest Sorrento shop
The first shop to be auctioned along Sorrento’s Ocean Beach Road in four years sold. Six bidders competed for the
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Riverlee locks radiology giant to health hub
Lumus Imaging has committed to a major space within a health hub under construction in Melbourne’s north. The radiology provider
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Camberwell office fetches $22m
Peak Equities has sold a prominent Camberwell Junction office held nine years. The leasehold for 250 Camberwell Road traded to
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Regional Victorian servos trade for $12.6m
Two new regional Victorian service station investments have sold. At Benalla, a 7-Eleven also with a Smokin Joe’s, traded for
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Melbourne growth corridor Dan Murphy’s, Nido sells for $18m
A new Nido childcare centre and Dan Murphy’s bottle shop in Melbourne’s Pakenham growth corridor has sold for $18.05 million.
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German pension fund divests east coast shopping centres
Germany’s biggest pension fund, also the primary administrator for the country’s public sector, has quietly sold three east coast shopping
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JG King to shift HQ within Port Melbourne
EXCLUSIVE JG King Homes will shift its headquarters within Port Melbourne, choosing one ex-GM Holden base for another. The builder
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Aldi pre-commits to landmark Melbourne distribution centre
Aldi has pre-committed to a landmark 102,000 square metre high-tech distribution centre in Melbourne. Charter Hall on behalf of the
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Local operator leases ex-Guardian childcare centre
A local childcare centre operator has leased a longstanding facility last occupied by Guardian in bayside Melbourne. The 94 place
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Salta sells major Melbourne industrial investment
EXCLUSIVE Salta Properties has sold a major warehouse in Melbourne’s west. The 1.82 hectare property, 29-35 Taras Avenue, near the
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Sivasli doubles down on Toorak Road
Diversified developer Sivasli, behind projects in Geelong with James Packer’s NPACT, has acquired two Toorak Village freeholds in a strategic
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Charter Hall, Mitsubishi to build Melbourne logistics investment
Charter Hall has teamed with Japan’s Mitsubishi Estate Asia to develop a 41,000 square metre industrial and logistics investment in
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Standalone Salvos store sold off-the-plan
Brix Property Group has sold an undeveloped building at the Armstrong Creek Town Centre after pre-committing the Salvation Army for
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EVT sells Rydges Geelong
ASX-listed EVT – formerly Event & Hospitality Management – has settled on the sale of a high-profile Geelong hotel. The
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Centuria fund boosts data centre portfolio
Centuria has spent $60.2 million on two data centre assets and unveiled plans for a new one – all on
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PGIM buy major Melbourne data centre site
PGIM’s recently launched Global Data Centre Fund has bought its first Melbourne site and is lining up another. The US
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