Vicinity, Nick Andrianakos trade another mall stake
Vicinity Centres has quietly divested another retail asset – this time in Adelaide’s north. The half stake of Elizabeth City
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South Australia
Whitmore seeds LFR fund with Adelaide asset
EXCLUSIVE Whitmore Property, for a fund now calling on investors, has picked up a new large format retail asset at
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Trilogy fund quits only Adelaide asset
Trilogy has sold a north Adelaide industrial investment after six years. The fund manager finished in the black following the
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Adelaide billionaire buys another mall
Nick DiMauro has bought another major shopping centre, this time in his home town of Adelaide. Arndale Shopping Centre is
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Fund manager sells government-backed asset
EXCLUSIVE Dexus has broken even on the sale of a major north Adelaide healthcare investment held eight years. The GP
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Jinding adds more rural sites to book
Two months after acquiring Warden Park, in Broadford, Jinding has added three more regional sites to its book – spending
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SCentre, Barrenjoey buy another Adelaide mall stake
SCentre and Barrenjoey Private Capital have teamed again for a stake in an Adelaide shopping centre. The 50 per cent
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Pepsico commits to Adelaide warehouse
Charter Hall has secured Pepsico to Adelaide’s Edinburgh Logistics Park. The Smith’s Snackfood Company parent has signed up for a
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Charter Hall sells Adelaide office
Charter Hall has quietly sold an A-grade Adelaide CBD office after an unsuccessful public marketing campaign early last year. The
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MA Financial sells Adelaide medical centre, office
MA Financial has divested a north Adelaide health hub acquired with its buyout of Ascot Capital Limited assets three years
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Arcana swoops on suburban Adelaide office
EXCLUSIVE Arcana Capital, led by ex-Queensland premier Campbell Newman, has swooped on a modern office built for the federal government
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Centuria quits Adelaide office
Centuria has sold another office, this time in Adelaide. The five level ex-ANR headquarters on 1.93 hectares at 1-25 Richmond
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SCentre usurps IP Generation for Adelaide mall stake
SCentre has teamed with Barrenjoey Capital Partners for a half stake in Adelaide’s Tea Tree Plaza and adjoining Tea Tree
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HMC sells homemaker centre after four years
Accord Property, created nine years ago by developer and Harmony Group founder Joe Walker with valuer and ex-Aspen executive, Lachy
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Victorian snares Kingdom Hall converted childcare centre
A Jehovah’s Witnesses Kingdom Hall replaced three years ago with a childcare centre, in Adelaide’s north east Golden Grove, has
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Occupiers unite for double fronted Adelaide warehouse
Operators of two businesses teamed to buy a double fronted warehouse in Adelaide’s inner east, to occupy. The Kent Town
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Merlino locks up another Adelaide industrial site
Merlino Development Group has snapped up a major north Adelaide industrial investment to repurpose as a small warehouse project. The
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Fund manager takes hit on Adelaide distribution centre
Straits Real Estate has accepted an 18 per cent discount to the December, 2023, book value, for an inner-city distribution
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IP Generation lines up another landmark mall
Melbourne fund manager IP Generation is believed to buying a half stake in Modbury’s Tea Tree Plaza – the largest
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Woolworths buys, sells retail assets
Woolworths has quietly bought a Melbourne shopping centre it anchors for some 45 per cent more than the landlord was
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Developer plans 35 Port Adelaide office/warehouses
A prominent Port Adelaide industrial site will make way for 35 office/warehouses after selling to a developer off-market. The 1.4
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Quintessential secures electricity giant to ex-CBA HQ
Quintessential has secured another tenant to the ex-Commonwealth Bank of Australia headquarters, which is undergoing a swank refurbishment. Electricity giant
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Charter Hall banks premium for Vic, SA malls
Charter Hall has quietly sold two shopping centres after 10 years. In the biggest deal, the manager, on behalf of
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Adelaide council rents out newly acquired site
Maverick Campers and Caravans has leased a former car yard just acquired by the City of Prospect for $8.3 million.
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Council buys former Jeep dealership
The City of Prospect has outbid apartment and office developers for a former Jeep car yard. The 5552 square metre
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Engineering firm upgrades to ex-Telstra HQ
Quintessential has secured another tenant for the CBD’s former Telstra House, which it bought a year ago and is now
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Ex-SA Lotteries HQ sells
The former SA Lotteries headquarters in Adelaide’s inner west Marleston has sold to EDP Hotel Group and its retirement village
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Victorian syndicate buys Port Adelaide office
A Victorian syndicate has snapped up a modern Port Adelaide Centrelink office off-market. The $9.5 million price or 72 Lipson
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Australian Unity sells trophy office after three years
Following a tumultuous post-COVID backdrop, especially depressing demand for offices – made worse by a building boom in some markets
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GPT, QuadReal form another partnership
Three years after establishing a mandate for industrial investments, GPT and Canada’s QuadReal have formed another, for student accommodation. The
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Former Barossa Valley school sells for accommodation
The former Marananga Primary School, in the heart of South Australia’s Barossa Valley, has sold for $800,000 to a developer
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Fund manager swoops on TV’s ‘Drover’s Run’
Salter Brothers has snapped up the 91 hectare Kingsford The Barossa estate once owned by Channel Nine and used as
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Emmett, MA Financial trade $50m industrial park
EXCLUSIVE Having just divested neighbouring Darlinghurst pubs for a $6 million loss on its 2020 outlay for its Taylor Square
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Homes, aged care set for The Dunes back nine site
Brisbane developer Metacap is planning to replace a 170 hectare Port Hughes site – until a decade ago earmarked to
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RF CorVal spends $34.5m for industrial fund
EXCLUSIVE RF CorVal has added a couple of assets to its two year old Industrial Infill Trust (RIIT). In Adelaide’s
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National CBD retail vacancy rate rises
While Australia’s CBD retail vacancy rate rose in the first half of the year current enquiry levels suggest the market
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Hans Ehmann buys CBD office
Local developer Hans Ehmann, part of the family which holds car and caravan dealerships, fleet management and leasing, and smash
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SA government flags residential eviction, notice changes
Tenants will no longer be evicted without reason under changes proposed by the Malinauskas government this week. Renters would also
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Charter Hall, Telstra Super offload Adelaide mall
FRP has completed its $85 million purchase of Torrensville’s Brickworks Marketplace. The deal with the Charter Hall managed Retail REIT
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Salter settles on maiden SA asset
Acquisitive Melbourne based fund manager Salter Brothers has settled on its $154 million purchase of Adelaide’s Sofitel – its first
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AU, Dexus invest again in Adelaide healthcare
Australian Unity has snapped up the city’s prominent Newmarket Hotel and adjoining ex-HQ Complex nightclub with plans to develop a
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Coles sell pub, shops to fund manager
Coles has sold Adelaide’s historic Hamstead Hotel and six neighbouring shops, one standalone, leased to First Choice Liquor, to fund
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Renewal SA sell site for BTR project
The Australian arm of US based investment manager Sentinel Real Estate Corporation has snared a site in Adelaide’s Bowden for
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Greg Maitland lists another Adelaide pub
Greg Maitland is continuing to reweigh his Adelaide pub portfolio offering the historic Republic Norwood freehold, in the inner east.
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Salter Brothers behind Adelaide hotel deal
Salter Brothers is speculated to be paying c$150 million for the first 5-star hotel developed in Adelaide for 33 years.
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Centennial fills Adelaide distribution centre
Centennial has found two tenants to fill the ex-Custom Coaches manufacturing and maintenance plant, which it is repurposing as a
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John Platten offloads historic Adelaide home
Brownlow medallist and four time premiership player John ‘The Rat’ Platten and his wife, Leanne, have sold their home in
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Fortitude concludes pub portfolio sale
Fortitude Investment Partners, with brands including Aquila shoes, Birch & Waite mayonnaise and text book producer Origo Education, has sold
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Campbelltown mall sold after six decades
A Campbelltown shopping centre with development upside has traded between private investors. With a supermarket tenancy – leased to Romeo’s
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Charter Hall snares two pubs, bottle shops
Charter Hall has added two north east Adelaide pubs to its book. In Highbury and Golden Grove, the assets are
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Dexus sells five more properties
Dexus has concluded another round of disposals – including an East Melbourne office for $213.7 million. Two Brisbane warehouses and
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Centuria spends $70m on another tomato farm
Centuria has added a second hydroponic tomato growing facility to its six month old Agriculture Fund (CAG) – this time
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Warakirri adds NSW, SA wineries to farm fund
Warakirri Asset Management has added two major assets to its Farmland Fund (WFF), which launched last April. Grande Junction, in
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AU bolsters SA aged care presence with $220m deal
Australian Unity’s flagship Healthcare Property Trust (AUHPT) has snapped up nine South Australian aged care investments with a 20 year
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Ensign divests major Adelaide laundromat with a leaseback
Ensign Services has sold a major Dudley Park industrial investment with a 30 year leaseback. The laundry service provider is
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Fund managers swoop on two Adelaide offices
Two Adelaide offices which hit the market in July have found buyers. In the biggest deal, Harmony Property Investments, controlled
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Quintessential expands footprint in ‘Adelaide’s best location’
Quintessential Equity is paying $73 million for Adelaide’s Telstra House, with plans for a green focused redevelopment. The purchase of
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AU spends on essential services investments
Australian Unity has scooped up a swag of small essential services investments. For its Speciality Disability Accommodation Fund, the group
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Charter Hall, FRP trade another asset
Charter Hall, on behalf of its Retail REIT, and Telstra Super, have sold Torrensville’s Brickworks Marketplace after eight years. The
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Marprop acquires maiden Adelaide asset
Marprop Real Estate Investors has outlaid $69.4 million for a recently renovated Adelaide CBD office. The former Statewide House at
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Centennial offloads first Adelaide asset
Centennial Property Group has sold the student accommodation complex which was its first Adelaide investment eight years ago. The University
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One small step, one giant leap: MPG portfolio hits a billion
MPG Funds Management has boosted the value of its Essential Services Property Trust (MESPT) – until recently known as the
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Primewest adds six vineyards to agriculture fund
Centuria managed Primewest has added six South Australian vineyards to the Agricultural Trust No 1 (PWAT1). The $8.2 million off-market
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Charter Hall fund swaps industrial for convenience retail
Charter Hall’s $4.3 billion Retail REIT (CQR) has sold its stake in its only industrial asset and reinvested funds into
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Harvest makes first Adelaide play
Harvest Hotels has snared two venues north and south of Adelaide – its first play outside of New South Wales
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Wine distribution centre flipped for $121m
Munich family office AM alpha has flipped an Adelaide wine distribution centre after 14 months. The group is banking $121
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Centuria, SCA trade five small malls
SCA Property has snapped up five small neighbourhood shopping centres from Centuria subsidiary Primewest. The $180 million deal has been
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VIMG punts on Australia’s largest vacant distribution centre
Sydney fund manager VIMG has snapped up a vacant, land rich industrial asset, 60 kilometres south east of Adelaide. The
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Centuria boosts industrial pipeline
Centuria, on behalf of the Industrial REIT (CIP), has bought and sold an east coast warehouse, and boosted its industrial
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Gurner, Kennard to redevelop ex-Adelaide Mail Centre
Sam Kennard is seeking to redevelop the former Adelaide Mail Centre into a $1.25 billion mixed-use village with a hotel,
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Sentinel spends $20.9m for maiden SA asset
Sentinel Property Group is paying $20.9 million for its maiden South Australian investment – the five level office component of
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Petrol tsar spends c$135m on Adelaide mall
Melbourne investor Nick Andrianakos is paying over $135 million for a half stake of the Colonnades – the country’s fourth
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Primewest lists $200m shopping centre portfolio
Primewest has listed four neighbourhood shopping centres and Tyne Square, in the Perth CBD, on behalf of a matured fund.
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Parkstone swoops on two more Woolworths backed malls
Adelaide fund manager Parkstone has spent over $40 million for two more Woolworths backed retail investments. In its home town,
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Cromwell swoops on Adelaide office
Cromwell has picked up another CBD office for its Diversified Property Fund, this time in Adelaide. Chesser House at 91-97
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Endeavour purchases Empire Hotel
The recently listed Endeavour Group, formerly known as ALH, has paid $11.5 million for the freehold going concern of Kilburn’s
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CBA commits to landmark Adelaide office
The Commonwealth Bank of Australia has leased 1600 square metres within the Entrepreneur and Innovation Centre, set to be the
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Coles sells Victor Harbor store
Coles has sold a three year old Victor Harbor retail investment to Adelaide businessman Andrew Gwinnett. The 2.4 hectare asset,
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Investors buy Adelaide, Brisbane, Sydney malls
Three metropolitan malls have sold in deals totaling $344.5 million. In Brisbane, YFG Shopping Centres is paying Blackstone subsidiary 151
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‘Booze Brothers’ sell down hotel portfolio
Veteran publicans Adrian and Leon Saturno, known in industry circles as ‘the Booze Brothers’, have retired after selling their last
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