Lendlease buying $150m industrial portfolio
Lendlease, on behalf of its Australian Prime Property Fund, is picking up a $150 million industrial portfolio from Mirvac and
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Victoria
Green light for Melton Hospital
The state government will compulsorily acquire a Melton South site for a 24 hour public hospital. Minister for Health and
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Robert Burns Hotel to rebrand after selling to ex-footballer
The Robert Burns Hotel will be rebranded Hotel Collingwood after being snapped up by Julien Moussi’s Only Hospitality Group. The
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Gurner plots apartments, Club Maison at Prahran
Gurner has partnered with a Prahran property owner to deliver a residential complex and Club Maison boutique hotel. The eight
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The Hour Glass snaps up more of prime Collins Street
The Hour Glass has acquired its second prime Collins Street investment in six months. The Singapore listed retailer and landlord
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Spiritgrow lists Caulfield North office
Spiritgrow is selling a sizeable Caulfield North office it had intended to repurpose as a community hall, synagogue and headquarters.
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JB LEDs collects $10.75m from office/warehouse
Lighting group JB LEDs has sold a developer its Cheltenham office/warehouse. The 1.1 hectare amalgamation, 10 (pictured, top) and 20
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Coles, Pace sell supermarkets
Two supermarket backed investments have sold for a total of $52.45 million. In the biggest deal, DeGroup is paying $33.3
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Golden Age, Hampton proceed with strata office projects
Two strata office towers are set to take shape at each end of the CBD. In the east, Jeff Xu’s
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Medibank commits to Melbourne Quarter Tower
Lendlease has secured Medibank to 25 per cent of Melbourne Quarter Tower – set to be Docklands’ tallest building. The
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MA spends $54.5m on Bendigo hotel
MA Hotel Management, a private entity of ASX-listed MA Financial Group – until recently known as Moelis Australia – is
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Telstra rings in $3m from Melbourne sites
Telstra has sold two Melbourne development sites. In the south east, the group is banking $2.2 million – more than
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Japara offloads Mornington Peninsula aged care home
Japara has sold a Capel Sound nursing home to a China based investor. The $8.25 million deal for Capel Sands
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Brendan Sullivan pockets premium from Vermont sell down
Brendan Sullivan is on track to pocketing a profit selling down a Vermont business park he acquired in late 2019.
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APN buys industrial, sells office investments
APN has picked up two warehouses for its Industria REIT. In the biggest deal, the manager is paying $24.1 million
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GPT, QuadReal snap up two more east coast projects
A joint venture comprising GPT and Vancouver-based QuadReal has acquired two east coast investments. In Melbourne, the partnership, GPT QuadReal
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CIL picks up ex-Furniture Galore HQ
Furniture Galore has sold its outgoing headquarters – which also includes a showroom and warehouse – to Centennial Industrial and
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APH moves forward with hotels at Box Hill, Hawthorn
APH will replace its Hawthorn headquarters with a seven storey hotel after securing a pre-commitment from Accor. The 87 room
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Central Equity spends c$80m on Victorian housing sites
Central Equity has acquired two Victorian low-density housing sites. At Deanside, 25 kilometres west of Melbourne, the group has spent
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Occasio buys into Mernda Town Centre
Occasio Projects has picked up the Mernda Town Centre development from Woolworths. The 26.4 hectare property includes a shopping centre,
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Gary Morgan buys Fitzroy bar
Gary Morgan has purchased a warehouse-converted Fitzroy bar. The Roy Morgan Research owner and Lord Mayor candidate paid $5.082 million
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Celtic Club buys South Melbourne pub
The Celtic Club has paid $5.3 million for South Melbourne’s Limerick Arms Hotel. The three storey pub at 364-368 Clarendon
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Ex-YWCA hotel, office for sale
The Jasper Hotel – built by the Young Women’s Christian Association in 1975 as a hostel and office – is
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Eastridge office for sale
United Property Fund Limited is selling a piece of the 21.4 hectare Eastridge village, in Melbourne’s east. The property –
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Mirvac readies to replace ex-Melbourne Convention Centre
Mirvac has launched a leasing campaign for an office on the site of the former Melbourne Convention Centre. The Civic,
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Fishermans Bend Innovation Precinct unveiled for ex-GMH site
The state government has committed an initial $179.4 million to develop the ex-General Motors Holden site as the Fishermans Bend
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Offshore developer snaps up Balaclava block
An Asia based developer is paying $5.35 million for neighbouring Balaclava warehouses with plans for a mixed-use project. The 1158
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Gandel, Vicinity unveil another Chadstone office
Gandel Group and Vicinity Centres have unveiled a third major office at Chadstone – The Fashion Capital. Due for completion
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Yarraville servo trades for eight figure sum
A Shell-backed service station which recently replaced a Beaurepaires in Melbourne’s inner west Yarraville has traded for $10.9 million. Elite
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Investors outlay $34m on childcare centres
Six childcare centres sold for a total of $33.992 million at a bulk auction event today. The priciest, at 322-328
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