Blackstone offloads Canberra office
Blackstone has sold an A-grade Canberra office it picked up 10 years ago through its $207 million takeover of Valad
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A.C.T.
Elanor sells ex-Belconnen Markets car park
An Elanor Investors Group (ENN) syndicate has sold the Belconnen Markets car park prior to the close of an expressions
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Charter Hall goes on $780m office spending spree
Charter Hall is paying $780 million for four offices – three leased to the government. In the biggest deal, the
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KM purchases Greenway essential services investment
KM Property Funds has paid $9.75 million for an essential services backed investment in Canberra’s south west Greenway. The price
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Investors outlay $59.6m on 11 childcare centres
Investors spent $59.6 million on 11 childcare centres last week. The best performing asset in terms of yield was in
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Suburban Canberra office collects $18.75m
Capital Holdings Group has sold a modern office reportedly at Canberra’s geographic centre. The c2010 Capital Centre at 2-6 Shea
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Investors spend $35m on childcare centres
Six childcare centre investments sold at auction today – making eight for the week. In the biggest revealed deal, a
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Local family buys National Farmers Federation HQ
Canberra business owners and property investors the Cataldo family has paid $7.71 million for an office in the city’s parliamentary
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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
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Elanor pays Vicinity wholesale fund $60m for Queanbeyan shopping centre
Elanor Investors Group today confirmed it acquired Queanbeyan’s Riverside Plaza for $60 million – describing the price as below replacement
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Offshore fund outlays $15.3m for Fyshwick office
An offshore fund is spending $15.3 million on a Fyshwick office which derives 79 per cent of its income from
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Federal government sells Canberra site to Geocon for $24m
The former Werriwa Defence Facility, within cooee of Australia’s Parliament House, has sold to Canberra’s largest developer Geocon for $24
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KM Property Funds spends $39.3 million on Bruce office following off market campaign
KM Property Funds, a division of KordaMenta Group, has paid $39.3 million for a contemporary Canberra office following an off-market
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Tranche of 18 service stations net 7-Eleven owners $78.2 million
A portfolio of 18 7-Eleven outlets offered as sale and leaseback investments traded for $78.2 million to separate buyers at
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PCA OMR shows tight vacancy in Sydney, Melbourne
The Property Council of Australia released its twice annual Office Market Report today. The national stock comparison showed vacancy in
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Withers family offers 18 more 7-Eleven service station investments
EXCLUSIVE The Withers family – which controls Australia’s 7-Eleven franchise – is offering another tranche of service stations via a
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Texas owner to close 19 Australian EB Games stores this month
The Dallas-based owner of video entertainment chain EB Games intends to close 19 of its 300-plus Australian stores by the
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Timezone, Kingpin owner TEEG opens 300th venue with plans for 50 more next year
The Entertainment & Education Group (TEEG) – the largest operator of family entertainment venues in the Asia Pacific – has
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Charter Hall Retail REIT sells five east coast investments – three to Lascorp
Melbourne-based specialist retail investor and developer Lascorp is paying Charter Hall Retail Management Limited, as responsible entity for Charter Hall
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Centuria pays $256 million for Canberra’s Nishi building
Centuria Metropolitan REIT (CMA) is paying $256 million for the Nishi building, an A-grade commercial complex in Canberra’s gentrifying Civic
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Withers family banks $77.9 million from sale of 15 7-Eleven outlets
Melbourne’s Withers family today sold a national portfolio of 7-Eleven outlets for a total of $77.915 million. The 15 properties,
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iProsperity, ZACD Group buy AccorInvest portfolio of 23 hotels for $212.6 million
iProsperity Group (iPG) and Singapore-based fund manager ZACD Group have acquired a portfolio of 23 hotels from AccorInvest for $212.6
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IOOF pays Doma Group $52.5 million for modern Newcastle office
IOOF Investment Management is paying $52.5 million for a two year old office in Newcastle. The seven-level asset at 18
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Centuria pays $35 million for Canberra’s Optus Centre
Centuria’s Diversified Property Fund is paying $35 million for Canberra’s Optus Centre. The office was sold by Melbourne-based Quintessential Equity
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ACT government lists commercial site in Monash
The ACT government’s Suburban Land Agency has listed a 1.05 hectare site in Monash, about 22 kilometres south-west of central
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Uniting Church pays $8.155 million for Canberra’s Woden Centre
The Uniting Church of Australia has paid $8.155 million for The Woden Centre in Canberra. The four-level complex, once known
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Real I.S. pays $29 million for Canberra’s Maddocks House
Hedley Property Investments has sold a Canberra office to German fund manager, Real I.S. for $29 million. The 22-year old
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Third time lucky for Starwood Capital with $480 million bid for Australian Unity Office Fund
It may be third time lucky for Starwood Capital in its attempt to buy the Australian Unity Office Fund. Following
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Ousted PM Malcolm Turnbull lists Canberra penthouse for sale
The month after being replaced as the leader of the federal Liberal Party, Malcolm Turnbull is selling his Canberra penthouse.
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AXA Investment Managers acquiring four hotels on Australia’s east coast for a speculated $330 million
Paris-based AXA Investment Managers is continuing a national real estate spending spree, entering due diligence to buy four hotels on
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