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Victoria

Hotels News Victoria 

Near new Melbourne hotel sold, set for rebrand

July 16, 2024July 16, 2024 Marc Pallisco

The Brady family’s Amber Property Group has sold the three year old Sebel Melbourne Ringwood which will now be transformed

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Essential services Industrial News Victoria 

Melbourne council locks up prominent site for park

July 12, 2024July 12, 2024 Marc Pallisco

EXCLUSIVE Another council will invest developer contributions on a locked-up site to repurpose as a park. The City of Melbourne

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News Retail Victoria 

Chemist Warehouse executives buy prominent Melbourne corner

July 12, 2024July 16, 2024 Marc Pallisco

Chemist Warehouse directors have swooped on what is arguably suburban Melbourne’s most prominent commercial corner – at this stage to

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Industrial News Victoria 

MAB wins long battle to develop tip buffer site

July 12, 2024July 19, 2024 Marc Pallisco

On its first attempt with the planning minister, MAB Corporation has won a long battle to develop a prime infill

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Essential services News Victoria 

Melbourne childcare centre to set per place record

July 9, 2024July 25, 2024 Marc Pallisco

A south east Melbourne childcare centre, the delayed construction of which saw a sunset clause come effective for the high

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Industrial News Victoria 

Fund manager boosts south east Melbourne industrial portfolio

July 5, 2024July 9, 2024 Marc Pallisco

EXCLUSIVE RF Corval has quietly purchased an industrial investment on over two acres in the middle ring Melbourne suburb of

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Industrial News Victoria 

Global self storage giant invests again in Australia

July 5, 2024July 9, 2024 Marc Pallisco

EXCLUSIVE Singapore-based Warburg Pincus-backed StorHub has added another Australian asset to its book, this time in Melbourne’s south east. The

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News Retail Victoria 

Hirsch family divest Ballarat supermarket

July 5, 2024July 5, 2024 Marc Pallisco

The Hirsch family has divested another regional asset, this time in Ballarat. The Woolworths at 1203-1205 Howitt Street, Wendouree, collected

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Industrial News Victoria 

Tesla leases enormous site for “graveyard” of unsold cars

July 4, 2024July 4, 2024 Marc Pallisco

EXCLUSIVE A month after it was revealed a “graveyard” of unsold Teslas are sitting at Port Melbourne – the Elon

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Hotels News Victoria 

Julien Moussi to open third pub

July 4, 2024July 4, 2024 Marc Pallisco

Julien Moussi will reopen Hawthorn’s Beehive Hotel, 15 years after it closed as a pub. At 84 Barkers Road, on

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News Office Victoria 

Max Beck, Lindsay Fox lure airline giant to Melbourne

July 4, 2024July 5, 2024 Marc Pallisco

ILG Aviation Australasia, a subsidiary of Delhi based Group Concorde, has chosen a business park being established by billionaires Max

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News Retail Victoria 

Newmark sells out of South Yarra’s Jam Factory

July 3, 2024July 4, 2024 Marc Pallisco

Newmark Capital has quietly sold the balance of South Yarra’s Jam Factory to the co-owners, Qualitas and Gurner, which will

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News Retail Victoria 

Tenant snares Glen Eira shop from landlord

July 1, 2024July 1, 2024 Marc Pallisco

A tenant who three years ago leased one of the more central stores in the Koornang Road, Carnegie, retail strip,

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Industrial News Victoria 

Victorian Livestock Exchange accepts discount on Pakenham site

June 28, 2024June 28, 2024 Marc Pallisco

The Victorian Livestock Exchange is the latest group affected by fading fortunes in Melbourne’s commercial property market, selling a vacant

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News Office Victoria 

Google eying Docklands move

June 27, 2024June 28, 2024 Marc Pallisco

Google is the latest business considering moving its Melbourne CBD headquarters west, eying a $1.2 billion Docklands office nearing completion,

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News Office Victoria 

EY to shift Melbourne HQ

June 27, 2024June 28, 2024 Marc Pallisco

Professional services giant EY will quit the office it pre-committed to 20 years ago for another built during that construction

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News Office Victoria 

Barristers’ Chambers buy another office from landlord

June 26, 2024June 30, 2024 Marc Pallisco

EXCLUSIVE Charter Hall has sold an under-utilised Melbourne legal precinct office to Barristers’ Chambers Limited, the biggest occupier, prior to

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Industrial News Victoria 

Another shoemaker shifts HQ across town

June 26, 2024June 26, 2024 Marc Pallisco

Urban Shoemakers will shift its base to a piece of the ex-CMI Music and Audio headquarters, now a small business

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New South Wales News Queensland Victoria 

HMC divests childcare centres

June 24, 2024June 24, 2024 Marc Pallisco

HMC Capital has sold two modern childcare centres held less than four years. In the biggest deal, the manager is

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News Retail Victoria 

New bank chooses Collins Street for flagship

June 24, 2024June 26, 2024 Marc Pallisco

A 15 month old member-owned bank has leased a prime store in Melbourne’s financial district for its flagship state branch.

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Essential services News Victoria 

Aged care provider sells controversial medical centre

June 20, 2024June 20, 2024 Marc Pallisco

Lyndoch Living, which has just been bought by Respect Group, has sold a controversial three level healthcare centre it developed

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News Office Victoria 

Mirvac sheds two Melbourne offices

June 19, 2024June 24, 2024 Marc Pallisco

Mirvac has moved two Melbourne CBD offices – one for a major loss on the 2018 outlay. In the biggest

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Industrial News Victoria 

Cadence exits another industrial site in the black

June 19, 2024July 4, 2024 Marc Pallisco

Cadence Property Group is celebrating another windfall selling a major Melbourne industrial development site shortly after settlement. The 4.4 hectare

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News Retail Victoria 

Hansen family list trophy Melbourne retail portfolio

June 19, 2024July 4, 2025 Marc Pallisco

The Hansen family is selling down the last pieces of a prominent building in Melbourne’s retail heart – ending a

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News Office Victoria 

Fund managers swap Melbourne office for dramatic discount

June 17, 2024June 19, 2024 Marc Pallisco

AFIAA has recorded a dramatic loss selling a major Melbourne CBD office it bought in August, 2017 – a property

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Industrial News Victoria 

Occupier swipes major industrial site from developer

June 17, 2024June 19, 2024 Marc Pallisco

An occupier has swooped on an irregular shaped Clayton South industrial asset four days ahead of the close of an

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News Residential Victoria 

PDG secures another inner-city site

June 15, 2024September 2, 2025 Marc Pallisco

PDG has bought a triple fronted high density residential development site on Melbourne’s inner north west fringe. The 1597 square

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News Residential Victoria 

Stephen, Jo Silvagni finally move Balwyn North home

June 15, 2024June 17, 2024 Marc Pallisco

EXCLUSIVE Former AFL player Stephen Silvagni and television personality, Jo Silvagni, have finally moved their Balwyn North family home. The

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News Retail Victoria 

Developer buying historic Melbourne boot factory

June 14, 2024June 17, 2024 Marc Pallisco

One of the most under-utilised and arguably highest character properties in what has become Collingwood’s commercial epicentre is selling to

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Essential services News Victoria 

Not for profit lists enormous inner city childcare centre for lease

June 14, 2024March 28, 2025 Marc Pallisco

Melbourne City Mission has listed the second of its two early learning centres for lease – part of a move

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News Retail Victoria 

High end restaurateur makes two more Melbourne property plays

June 12, 2024June 12, 2024 Marc Pallisco

Chris Lucas has made two more Melbourne CBD property plays. In the east end, the restaurateur is is paying about

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Industrial News Victoria 

Import spike drives another car storage lease deal

June 11, 2024June 11, 2024 Marc Pallisco

A car import spike at Port Melbourne has driven another major industrial lease deal. This time, inventory and distribution management

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Industrial News Retail Victoria 

Brunetti leases building for first “cake consulting boutique”

June 11, 2024June 13, 2024 Marc Pallisco

EXCLUSIVE Banco Group has secured one of Melbourne’s highest profile cake and desert makers to a near new food focused

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Industrial News Retail Victoria 

Brunetti owner buys cafe, factory from landlord

June 11, 2024June 13, 2024 Marc Pallisco

EXCLUSIVE Brunetti Oro owner Yuri Angele has bought a sizeable inner north restaurant and commercial kitchen from his landlord of

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News Office Victoria 

Developer swoops on landmark Richmond block

June 6, 2024June 11, 2024 Marc Pallisco

Larry Kestelman has bought the prominent Venus Packaging factory in Richmond – just outside the Cremorne boundary – as an

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News Retail Victoria 

McDonald’s returns to old ground for biggest Melbourne store

June 5, 2024June 5, 2024 Marc Pallisco

EXCLUSIVE After in 2017 being displaced from its spectacularly located 9-11 Swanston Street store – compulsorily acquired to construct the

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Industrial News Victoria 

Repco parent fills new Melbourne industrial estate

June 5, 2024June 26, 2025 Marc Pallisco

Centennial has filled the first stage an industrial park completed last year in Melbourne’s inner west Tottenham. Repco parent GPC

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Industrial News Victoria 

JBS leases chunk of Brooklyn distribution centre

June 5, 2024June 5, 2024 Marc Pallisco

JBS Foods has committed to a chunk of Centennial’s Brooklyn Distribution Park, west of Melbourne. The initial lease term for

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Essential services News Office Victoria 

University signs major post-pandemic office lease deal

June 4, 2024June 5, 2024 Marc Pallisco

Scape has secured a tenant for an office beside its 48 storey Scape Franklin student accommodation tower – both completed

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Industrial News Victoria 

Wallenius Wilhelmsen sells major Australian port

June 4, 2024June 4, 2024 Marc Pallisco

Australia’s largest logistics provider, Qube Holdings, has bought the landmark Melbourne International RoRo & Auto Terminal at Webb Dock, Port

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News Retail Victoria 

Publican swoops on ex-train station first class lounge

June 3, 2024June 7, 2024 Marc Pallisco

EXCLUSIVE Publican and coffee house owner Julien Moussi has snapped up what could be his highest profile property – a

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News Retail Victoria 

Shop on Melbourne’s oldest roundabout sells

May 31, 2024June 3, 2024 Marc Pallisco

An entry level retail investment built on a prominent piece of Melbourne’s first traffic roundabout has traded for $561,000 reflecting

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News Retail Victoria 

Pitard sells new Melbourne gym

May 31, 2024May 31, 2024 Marc Pallisco

A strata titled gym – a 1148 square metre piece of Pitard Group’s recently completed Elsternwick Village Apartments building, in Melbourne’s

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Industrial News Victoria 

Melbourne tip set for $200m business park

May 29, 2024May 29, 2024 Marc Pallisco

Troon Group and MaxCap Group have been given the green light to replace a 10.5 hectare ex-tip over three streets

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Industrial News Victoria 

Barings sells bulk of Cheltenham industrial portfolio

May 29, 2024May 29, 2024 Marc Pallisco

Barings has sold the bulk of a prominent Cheltenham industrial portfolio acquired with its 2022 takeover of Altis Property Partners.

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New South Wales News Retail Victoria 

Rodd & Gunn expands in Sydney, Melbourne

May 28, 2024June 3, 2024 Marc Pallisco

Rodd & Gunn has opened a Sydney flagship at the sandstone 14 Martin Place, originally known as the Colonial Life

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Essential services News Residential Victoria 

Ryman invests again in Ocean Grove

May 27, 2024May 28, 2024 Marc Pallisco

Ryman Healthcare has bought another block abutting its Deborah Cheetham Retirement Village at Ocean Grove. With the $7.8 million deal

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News Residential Victoria 

Melbourne car parks earmarked for affordable housing

May 27, 2024May 28, 2024 Marc Pallisco

The City of Melbourne is considering leasing two car parks to a community housing provider which will secure funding and

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News Office Victoria 

New Malvern office for sale again

May 24, 2024May 27, 2024 Marc Pallisco

Landis Property’s first commercial project, completed last June in Malvern, footsteps to the Armadale border, is for sale again. The

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News Office Retail Victoria 

‘Australia on Collins’ set for another rename following lease deals

May 21, 2024May 22, 2024 Marc Pallisco

The new owner of the troubled multi-level arcade for years known as Australia on Collins, UBS Asset Management Real Estate

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News Office Victoria 

CommBank backed telco commits to St Kilda Road

May 21, 2024May 21, 2024 Marc Pallisco

Vantage Property Investments has secured a CommBank backed telco to two levels of a St Kilda Road office it bought

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Industrial News Queensland Victoria 

Dexus fund divests Melbourne, Brisbane warehouses

May 15, 2024July 1, 2025 Marc Pallisco

Dexus has shed the value of its Wholesale Australian Property Fund (DWAPF) portfolio some $200 million – about 10 per

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Essential services News Office Victoria 

School snares ex-Qantas office

May 15, 2024May 15, 2024 Marc Pallisco

A North Melbourne corner office built in 1984 for Qantas and extensively renovated 13 years ago has sold to River

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Land News Residential Victoria 

Developer swoops on another Melbourne golf course

May 14, 2024May 17, 2024 Marc Pallisco

An outgoing golf club in Cranbourne North, now a growth corridor suburb, will be replaced with a $1 billion-plus housing

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Essential services News Residential Victoria 

Ryman scoops up four innovation awards

May 13, 2024May 14, 2024 Marc Pallisco

New Zealand listed Ryman Healthcare, which to date in Australia has only invested in Victoria, walked away with four awards

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Industrial New South Wales News Victoria 

Barings, Rest swoop on $780m industrial portfolio

May 8, 2024May 8, 2024 Marc Pallisco

Goodman Group has sold a portfolio of 12 east coast industrial investments to Barings and Rest Super. The $780 million

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Industrial News Victoria 

Centuria adds another glasshouse to book

May 7, 2024May 7, 2024 Marc Pallisco

Centuria has added another major tomato growing facility to its book. The off-market leaseback deal for Victoria’s Katunga Fresh glasshouse,

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News Residential Victoria 

Deague, Speer double money in Portsea

May 4, 2024May 4, 2024 Marc Pallisco

Camilla Speer, the daughter of prominent property developer and investor David Deague, and her husband, Affinity Equity Partners head Nick,

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News Office Victoria 

Glenvill director lists swank Melbourne HQ

May 3, 2024May 3, 2024 Marc Pallisco

Glenvill director Len Warson is selling the swank Cremorne office he designed to better the glamorous Manhattan digs of Harvey

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Hotels News Victoria 

Jazz bar owner sells Melbourne hotel

May 3, 2024September 20, 2024 Marc Pallisco

Bird’s Basement owner and developer Albert Dadon has sold the hotel component of the 10 year old Art on the

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Industrial News Victoria 

ASX fund snaps up Mr Donut HQ to repurpose

May 3, 2024May 7, 2024 Marc Pallisco

The outgoing Mr Donut headquarters has sold to a fund manager which will repurpose the huge manufacturing plant and distribution

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Land News Residential Victoria 

Henley buys final piece of west Melbourne farm

May 1, 2024May 3, 2024 Marc Pallisco

EXCLUSIVE Henley Homes has snapped up the final piece of a farm marketed as one of the last significant low

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Industrial News Victoria 

Mattel commits Barbie, Ken to new Melbourne home

April 24, 2024April 25, 2024 Marc Pallisco

DHL Supply Chain has secured Mattel to one of two standalone office/warehouses it recently pre-committed to in Melbourne. The 31,000

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News Retail Victoria 

United Petroleum founders behind ex-Target store deal

April 24, 2024April 24, 2024 Marc Pallisco

A company once controlled by United Petroleum co-founders Eddie Hirsch and Avi Silver has sold Colac’s ex-Target store. Now a

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News Retail Victoria 

Sydney investor buys regional retail hub

April 24, 2024April 24, 2024 Marc Pallisco

Blackfox Property, for a trust now seeking investors, has bought the prominent Shepparton Retail Hub – where 95 per cent

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Industrial News Victoria 

Offshore investor secures regional processing and distribution hub

April 24, 2024April 24, 2024 Marc Pallisco

One of four primary processing and distribution hubs operated by Cleanaway in Victoria’s north east has sold to an offshore

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Essential services News Queensland Victoria 

Investors spend $18.8m on healthcare assets

April 24, 2024April 24, 2024 Marc Pallisco

Two metropolitan healthcare investments sold this month on vastly different yields. In Melbourne, the Dandenong nursing home recently known as

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Hotels News Residential Victoria 

Developer digs deep for ex-Marine Hotel

April 19, 2024April 23, 2024 Marc Pallisco

The Buxton family’s retirement living arm has snapped up Brighton’s former Marine Hotel, behind the Church Street shops, for a

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News Residential Victoria 

Telstra sells historic Melbourne post office to developer

April 18, 2024April 24, 2024 Marc Pallisco

Up Property has bought one of the highest character commercial properties in Armadale – where it is headquartered – as

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Essential services News Victoria 

Investors chase growth corridor childcare centre

April 16, 2024April 16, 2024 Marc Pallisco

A third major Melbourne childcare centre has sold in as many weeks on a low yield. The two year old

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New South Wales News Residential Victoria 

Billionaire, millionaire snap up trophy estates

April 16, 2024April 16, 2024 Marc Pallisco

Two trophy estates – one worth two and a half times the other – have found buyers high profile in

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News Retail Victoria 

Billionaire fashion house owners buy ex-Church of Scientology HQ

April 12, 2024April 15, 2024 Marc Pallisco

The billionaire owners of fashion powerhouse Chanel have quietly bought the c1923 ex-Royal Bank of Australia building, in Melbourne’s exclusive

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News Retail Victoria 

Rich List family sell supermarket in 24 hours

April 12, 2024April 13, 2024 Marc Pallisco

A Smorgon family arm will bank just over $21 million from a Woolworths-backed mall held for over 50 years in

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Industrial News Victoria 

Kennards expands historic Melbourne holding

April 12, 2024April 12, 2024 Marc Pallisco

Kennards Self Storage has quietly bought three small warehouses – all up covering 712 square metres – abutting one of

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Hotels News Victoria 

Ex-footballer buys historic pub from landlord

April 12, 2024April 16, 2024 Marc Pallisco

EXCLUSIVE Three years after buying the leasehold to the inner-city pub then known as the Robert Burns Hotel, Julien Moussi

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News Office Victoria 

Trophy Maples department store for lease after renovation

April 11, 2024April 18, 2024 Marc Pallisco

A unique trophy office – in terms of character, fit-out and location – has hit the rental market after a major

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News Retail Victoria 

Walker secures tenants access to world’s largest digital art gallery

April 5, 2024April 5, 2024 Marc Pallisco

Walker Corporation has secured tenants at its $3 billion Collins Square project access to The LUME – the world’s biggest

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News Retail Victoria 

Hill of Content freehold sold after auction

April 4, 2024June 16, 2025 Marc Pallisco

EXCLUSIVE It should be business as usual – for now – at the city’s oldest bookshop, the Hill of Content,

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Industrial News Victoria Western Australia 

Centuria locks in Melbourne, Perth industrial tenants

April 4, 2024April 4, 2024 Marc Pallisco

Centuria has secured tenant clients on long leases for two warehouses each side of the country. In the biggest deal,

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Hotels News Victoria 

Offshore investor doubles down in East Melbourne

April 4, 2024April 5, 2024 Marc Pallisco

The Birches Serviced Apartments complex, diagonally adjacent to East Melbourne’s Powlett Reserve tennis courts, sold this week for $11.6 million

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