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South Australia

Hotels News South Australia 

‘Booze Brothers’ sell down hotel portfolio

December 17, 2021January 4, 2022 Marc Pallisco

Veteran publicans Adrian and Leon Saturno, known in industry circles as ‘the Booze Brothers’, have retired after selling their last

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News Retail South Australia 

Beacon snaps up another outlet from landlord

December 15, 2021December 15, 2021 Marc Pallisco

Beacon Lighting Group has purchased another property it rents – this time at Modbury. The large format retail asset on

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News Office South Australia 

Telstra commits to landmark Adelaide office

December 15, 2021December 15, 2021 Marc Pallisco

Telstra will relocate its Adelaide headquarters to Charter Hall’s 60 King William Street. The 10 year deal is for 6000

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Industrial News South Australia Victoria 

Proterra banks $360m from SA, Vic farms

December 12, 2021December 12, 2021 Marc Pallisco

Proterra Investment Partners has banked over $360 million selling 49 farms to 23 local buyers. The price for the Corinella

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News Office South Australia 

Pelligra invests again in South Australia

December 6, 2021December 9, 2021 Marc Pallisco

Three weeks after backing the construction of a Kangaroo Island golf course, resort and residential community, Pelligra has acquired an

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New South Wales News Queensland Retail South Australia Victoria 

SCA, GIC form $750m retail fund

December 2, 2021December 2, 2021 Marc Pallisco

SCA Property Group (SCP) has established a convenience retail joint venture with GIC. The unlisted vehicle, SCA Metro Convenience Shopping

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Essential services New South Wales News South Australia Victoria 

Centuria boosts healthcare fund value 20pc with four acquisitions

November 26, 2021November 26, 2021 Marc Pallisco

Centuria has picked up four more assets for its Healthcare Property Fund (CHPF). In Melbourne’s Mount Waverley, the manager is

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Essential services News South Australia 

NorthWest commits Calvary to Playford health precinct

November 24, 2021November 24, 2021 Marc Pallisco

NorthWest Healthcare Properties will start constructing the balance of its $165 million Playford health precinct, opposite the Lyell McEwin Hospital

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Essential services News South Australia 

Cancer Council sells inner-city lodge

November 23, 2021November 23, 2021 Marc Pallisco

Cancer Council SA has sold the second of two redundant inner-Adelaide accommodation complexes listed in March. In the latest deal,

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Industrial News South Australia 

QIC spends $13.4m on former Futuris factory

November 17, 2021November 17, 2021 Marc Pallisco

Queensland Investment Corporation has swooped on an Adelaide warehouse for years occupied by Futuris Automotive Interiors. The fund manager is

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Essential services News South Australia Victoria 

Investors outlay $45m on childcare centres

November 11, 2021November 12, 2021 Marc Pallisco

Childcare centres worth close to $45 million traded at a bulk auction event today. The priciest, at Wantirna South in

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Essential services News Queensland South Australia Victoria 

Genius, Mayfield trade 14 childcare centres

November 1, 2021November 1, 2021 Marc Pallisco

Mayfair Childcare Limited (MFD) today announced the purchase of 14 more investments. The $39.2 million outlay is with Genius Childcare,

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News Office South Australia 

Adelaide office collects $167m from Centuria, MA Financial

October 27, 2021October 27, 2021 Marc Pallisco

Centuria has teamed with MA Financial to acquire Adelaide’s Grenfell Centre, also known as The Black Stump. The $166.6 million

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News Residential South Australia 

Sir Don Bradman’s getaway for sale

October 24, 2021October 24, 2021 Marc Pallisco

An Adelaide Hills getaway purchased in 1959 by Sir Donald Bradman is for sale by his former daughter-in-law, Judith Bradsen.

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Industrial News South Australia 

Charter Hall spends $102m on Adelaide industrial

October 13, 2021October 14, 2021 Marc Pallisco

Charter Hall has purchased two government backed industrial investments for a total of $102 million. They will be held in

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Essential services News South Australia 

NorthWest outlays $93m on cancer centre

October 13, 2021October 14, 2021 Marc Pallisco

New Zealand listed Vital Healthcare Property Trust – controlled by NorthWest Healthcare Properties Management – has outlaid $92.75m for Adelaide’s

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News Residential South Australia 

Renewal SA appoints developer for Oakden housing project

October 1, 2021October 1, 2021 Marc Pallisco

Renewal SA has chosen Villawood Properties to replace the former Hillcrest Hospital Strathmont Centre and adjoining aged care and mental

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Essential services New South Wales News Retail South Australia Victoria 

Investors spend $30.35m on leaseback assets

September 29, 2021September 29, 2021 Marc Pallisco

Six commercial assets offered with leasebacks sold at a portfolio auction event yesterday. The priciest, a Sunbury Ford dealership, collected

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News Office South Australia 

Quintessential buys back Adelaide office

September 20, 2021September 21, 2021 Marc Pallisco

Quintessential Equity has bought back an Adelaide office it sold in 2008. The Commonwealth Bank building – 100 King William

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Industrial New South Wales News Queensland South Australia Victoria 

Lendlease, Morgan Stanley seed fund with $430m portfolio

September 20, 2021September 20, 2021 Marc Pallisco

Lendlease and Morgan Stanley Real Estate Investing have acquired five warehouses and three blocks of industrial land which, when developed,

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News Office South Australia 

Centuria to build Adelaide CBD office

September 14, 2021September 14, 2021 Marc Pallisco

Centuria will develop a $40 million office on an open-air car park beside an Adelaide CBD commercial investment it picked

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News Office South Australia 

Charter Hall, Centuria trade Port Adelaide office

September 8, 2021September 8, 2021 Marc Pallisco

Centuria will create a single asset unlisted fund with the purchase of a modern Port Adelaide office. Fully leased to

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News South Australia 

Pelligra buys baseball team, plots home base

August 26, 2021August 26, 2021 Marc Pallisco

Pelligra has snapped up the Adelaide Giants licence and is now seeking to build a home ground. The baseball team

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News Retail South Australia 

Charter Hall purchases another Bunnings

August 18, 2021August 18, 2021 Marc Pallisco

Charter Hall is spending $48.8 million – about 10 per cent over guide – for a Bunnings investment in an

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Land News South Australia 

Influencers Church offload slice of Paradise

August 12, 2021August 17, 2021 Marc Pallisco

Influencers Church has sold a 3.26 hectare block abutting its Paradise house of worship. The buyer, Yicorp, formerly known as

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News Retail South Australia 

Con Makris sells another Adelaide shopping centre

August 6, 2021August 7, 2021 Marc Pallisco

Con Makris – South Australia’s richest man – has sold another Adelaide retail investment, this time on the coast. The

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N.T. New South Wales News Queensland Retail South Australia Victoria Western Australia 

Fawkner Property picks up service station portfolio

July 30, 2021July 30, 2021 Marc Pallisco

Waypoint REIT (WPR) has sold 31 service stations to Fawkner Property trusts for a total of $113.9 million. The deal

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Industrial News South Australia Western Australia 

Centuria acquires SA, WA industrial assets

July 20, 2021July 20, 2021 Marc Pallisco

Centuria has boosted the value of its open-ended Diversified Property Fund (CDPF) with two industrial investments. In the biggest deal,

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Essential services News South Australia 

UnitingSA offloads West Croydon nursing home

July 6, 2021July 6, 2021 Marc Pallisco

UnitingSA has offloaded West Croydon’s vacant St Teresa Aged Care complex for a speculated $2.25 million. After a campaign targeting

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Industrial News South Australia 

Munich investor spends $98m on wine distribution centre

June 28, 2021June 28, 2021 Marc Pallisco

In the biggest South Australian industrial sale this year, Munich family office AM alpha is paying $98 million for a

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Hotels New South Wales News South Australia Victoria 

CK Ow lists $1b hotel portfolio

June 3, 2021June 3, 2021 Marc Pallisco

Singapore based Chio Kiat (CK) Ow has listed six Australian and New Zealand hotels – the bulk of his local

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Essential services News Retail South Australia 

AQR snaps up six SA service stations

May 23, 2021May 27, 2021 Marc Pallisco

APN Funds Management has acquired another six service station for its Convenience Retail REIT (AQR). The South Australian properties were

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News South Australia 

Aspen buys outskirt Adelaide retirement village

May 16, 2021May 16, 2021 Marc Pallisco

Aspen Group is paying $2.36 million for a part-developed aged care investment, about 55 kilometres south east of Adelaide. Lewis

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New South Wales News Queensland South Australia Tasmania Victoria Western Australia 

Charter Hall buys $269.4m logistics portfolio off-market

May 3, 2021May 3, 2021 Marc Pallisco

Charter Hall, for its Prime Industrial Fund (CPIF), has purchased 25 cold store and food distribution centres in an off-market

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New South Wales News Queensland South Australia 

Abacus spends $147.7m on shopping centre, self storage

May 3, 2021July 6, 2021 Marc Pallisco

Abacus Property Group is paying a KKR affiliate $103.5 million – book value – for the balance 60 per cent

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News Queensland South Australia 

Irongate buys another two Brisbane assets

April 28, 2021April 29, 2021 Marc Pallisco

Irongate Group (IAP) has acquired two Brisbane industrial investments on a funds-through basis. The properties, in Kingston (pictured, top) and

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News South Australia 

ARA sells Kidman Park cold storage investment

April 27, 2021April 27, 2021 Marc Pallisco

ARA Logos Logistics Trust is selling a Kidman Park cold storage investment for $41.5 million. The 11.92 hectare facility at

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New South Wales News Queensland South Australia Victoria Western Australia 

ESR spends $3.8b on Australian logistics portfolio

April 18, 2021October 25, 2021 Marc Pallisco

ESR Australia is paying $3.8 billion – the highest price outlaid in one line for a collection of Australian property

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News South Australia 

Primewest in $15m Barossa vineyard play

April 12, 2021April 12, 2021 Marc Pallisco

Primewest is speculated to be picking up a collection of South Australian vineyards leased back to Rolf Binder, a business

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News South Australia 

Renewal SA awards contract for Adelaide Botanic Garden office

March 17, 2021March 21, 2021 Marc Pallisco

Renewal SA has awarded Quintessential Equity the contract to build and own a 16-level office overlooking Adelaide Botanic Garden. The

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News South Australia 

Pelligra buys another Adelaide office

March 24, 2021March 24, 2021 Marc Pallisco

Pelligra Group has snapped up an Adelaide CBD office – part of the campus style Citicom complex abutting Hindmarsh Square.

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News South Australia 

Ascot buys Adelaide factory for housing

March 10, 2021March 10, 2021 Marc Pallisco

Ascot Capital is paying $18.8 million for a prominent north Adelaide factory recently rezoned for medium density residential. The vendor,

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News South Australia Victoria 

Pelligra snares Adelaide Arena, Moolap Saltworks

March 6, 2021March 24, 2021 Marc Pallisco

Scouts SA and SA Church Basketball have sold Adelaide Arena – built in 1992 as the Powerhouse but known since

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News South Australia 

Makris sells two Adelaide shopping centres

February 1, 2021February 1, 2021 Marc Pallisco

Makris Group, founded by veteran developer and investor Con Makris, has sold two prominent Adelaide retail assets. In the biggest

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News Queensland South Australia 

Centuria seeds fund with $62.5m spree

January 28, 2021January 28, 2021 Marc Pallisco

Centuria Capital Group has spent $62.5 million on three warehouse investments to seed an unlisted fixed-term fund. Two of the

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News South Australia 

Federal government signs landmark Adelaide office pre-commitment

January 28, 2021December 15, 2021 Marc Pallisco

Services Australia – known until 2019 as the Department of Human Services – has signed one of Adelaide’s biggest office

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News South Australia 

Quintessential sells Port Adelaide industrial investment

January 20, 2021January 20, 2021 Marc Pallisco

Quintessential Equity has sold a Port Adelaide industrial investment to Auckland syndicate Silverfin Capital. The $17.6 million deal reflects a

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News South Australia 

Quintessential commits Visy to 44,000 sqm at Gillman industrial park

January 11, 2021January 11, 2021 Marc Pallisco

Quintessential Equity has sealed its biggest industrial lease deal yet – with Visy, at Port Adelaide Distribution Centre. The tenant

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News South Australia 

Australian Unity pays $48.25m for Osborne’s Centre of Defence, land

December 4, 2020December 4, 2020 Marc Pallisco

Prime Space Projects has sold Osborne’s Centre of Defence – a 10 year old office – with an adjoining tract

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News Queensland South Australia Western Australia 

Primewest spends $17.5m on childcare centres for new income fund

November 26, 2020November 27, 2020 Marc Pallisco

EXCLUSIVE Primewest is acquiring three childcare centres for a new fund. In the priciest deal, it is paying $7.25 million

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New South Wales News Queensland South Australia Victoria 

LWHP pays $353m for six Bunnings investments

November 17, 2020November 20, 2020 Marc Pallisco

Charter Hall managed Long WALE Hardware Partnership (LWHP) – which includes Telstra Super and VFMC as partners – has paid

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News South Australia 

Charter Hall spends $103m on SA Emergency Services Command Centre

November 11, 2020November 11, 2020 Marc Pallisco

Charter Hall Social Infrastructure Limited is paying $103 million for an Adelaide fringe office under construction and majority leased to

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News South Australia 

HomeCo settles on $27.25m Parafield retail investment

November 9, 2020November 9, 2020 Marc Pallisco

Home Consortium has settled on the purchase of a four year old shopping centre near Adelaide’s Parafield Airport (control tower

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News South Australia 

Leyton spends $5.3m on Melrose Park industrial asset

November 9, 2020November 9, 2020 Marc Pallisco

Leyton Funds has spent $5.3 million on a corporate style industrial investment in Adelaide’s Melrose Park. The group is picking

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New South Wales News South Australia 

Harmony outlays $54.6m on assets in Adelaide, Marsden Park

November 4, 2020November 4, 2020 Marc Pallisco

MRS managed Harmony Property Group has acquired a Sydney industrial investment and settled on an office in Adelaide, its home

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News South Australia 

Charter Hall pays $51m for neighbouring Adelaide offices

November 4, 2020November 5, 2020 Marc Pallisco

Charter Hall has paid 1835 Capital $51 million for neighbouring Adelaide CBD offices rented to the state government. The price

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News South Australia 

Dexus, DHPF pay $446.2m for Australian Bragg Centre

October 20, 2020May 4, 2021 Marc Pallisco

Dexus and its managed Healthcare Property Fund are paying $446.2 million for a medical investment under construction in Adelaide’s CBD.

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News South Australia 

Renewal SA purchases two Kaufland sites for affordable, social housing

October 5, 2020October 6, 2020 Marc Pallisco

Renewal SA has purchased two inner-Adelaide development sites from German retailer Kaufland. In Forestville (pictured, top) and Prospect, the government

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News South Australia 

Adelaide’s ex-Calvary Wakefield set for health, medical refurb

September 29, 2020February 11, 2021 Marc Pallisco

Pelligra Group has paid Cromwell $30 million for Adelaide’s recently vacated Calvary Wakefield Hospital with plans to fit it out

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News South Australia 

Prime lists Osborne Naval Shipyard offices and development site

September 23, 2020September 23, 2020 Marc Pallisco

Prime Space Projects has listed a prominent 2.5 hectare investment with development upside at the Osborne Naval Shipyard precinct, about

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News South Australia 

Winning Group expands at ISPT’s Charles Sturt Industrial Estate

September 12, 2020September 12, 2020 Marc Pallisco

Winning Group has expanded in Adelaide, taking space within ISPT’s Charles Sturt Industrial Estate in Woodville. The online appliance retailer

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News South Australia 

Singaporean family pays $47.2m for Adelaide CBD office

August 26, 2020August 26, 2020 Marc Pallisco

Local syndicate Southern Cross Investment Group has sold National Australia Bank’s Adelaide CBD headquarters to a Singaporean family for $47.2

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News South Australia 

Cromwell sells Direk distribution centre for $63.05m – 19pc over book value

August 24, 2020August 25, 2020 Marc Pallisco

Cromwell Funds Management, on behalf of the Cromwell Property Trust T12, has sold a seven year old cold storage investment

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News South Australia 

Nick Scali to build Adelaide flagship after investing $6.6m on Keswick site

August 11, 2020August 11, 2020 Marc Pallisco

Nick Scali Limited – which last week told investors to expect a 50-60 per cent rise in profits for the

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News South Australia 

Con Makris to bank $200m from City Cross, North Adelaide Village

August 3, 2020August 4, 2020 Marc Pallisco

South Australia’s wealthiest person, Con Makris, is selling two Adelaide shopping centres. Via Makris Group, the Greek Australian property developer

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News South Australia 

Renewal SA seeks partner for Lot Fourteen innovation centre

July 30, 2020March 17, 2021 Marc Pallisco

Renewal SA is seeking a development and investment partner to replace part of the seven hectare former Royal Adelaide Hospital

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New South Wales News South Australia Victoria 

O-I Australia sells Charter Hall three warehouse investments for $214m

July 16, 2020July 25, 2020 Marc Pallisco

Owens-Illinois Australia has offloaded three warehouses with long leases to Charter Hall funds for a total of $214 million. The

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News South Australia 

Herbalife rents inner east Adelaide office

May 4, 2020May 5, 2020 Marc Pallisco

Herbalife will rent the first floor space of an inner east Adelaide commercial building vacated by prestige property broker Williams

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News South Australia 

Con Makris banks c$35 million selling Adelaide’s Newton Village Shopping Centre to Revelop

March 25, 2020April 1, 2020 Marc Pallisco

Parramatta based Revelop – a boutique developer and investor directed by Charbel Hazzouri and Anthony El-Hazouri – is paying one

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News Queensland South Australia Victoria 

Kaufland lists nine assets from its Australian development pipeline

February 27, 2020March 1, 2020 Marc Pallisco

A month after making the shock announcement that it wouldn’t open in Australia after four years of planning – German

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A.C.T. New South Wales News Queensland South Australia Victoria Western Australia 

PCA OMR shows tight vacancy in Sydney, Melbourne

February 6, 2020February 4, 2021 Marc Pallisco

The Property Council of Australia released its twice annual Office Market Report today. The national stock comparison showed vacancy in

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A.C.T. New South Wales News Queensland South Australia Victoria Western Australia 

Texas owner to close 19 Australian EB Games stores this month

January 9, 2020January 9, 2020 Marc Pallisco

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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National New South Wales News Queensland South Australia Victoria 

Scape pays $2 billion for Urbanest’s Australian student accommodation portfolio

December 14, 2019December 14, 2019 Marc Pallisco

Scape Australia is paying $2 billion for a portfolio of student accommodation units in Sydney, Melbourne, Brisbane and Adelaide. The

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News Queensland South Australia 

Centuria spends $236.2 million on Arnott’s factories in Brisbane and Adelaide

December 12, 2019December 12, 2019 Marc Pallisco

Centuria Industrial REIT (CIP) is paying $236.2 million for two Arnott’s factories, in Brisbane and Adelaide. The sale-and-leaseback agreements come

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News South Australia 

ICD Property to build 35-storey tower as part of $400 million Central Market Arcade redevelopment

December 6, 2019December 6, 2019 Marc Pallisco

City of Adelaide has appointed ICD Property as partner for the $400 million Central Market Arcade redevelopment. Council held a

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News South Australia 

Centuria buys Edinburgh logistics facility for $19.5 million

December 4, 2019December 12, 2019 Marc Pallisco

Centuria Industrial REIT (CIP) has settled on the $19.5 million purchase of an Adelaide logistics facility. The 6.5 hectare property

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News South Australia Western Australia 

Charter Hall resets leases with Coles for distribution centres in Adelaide, Perth

November 26, 2019August 30, 2022 Marc Pallisco

EXCLUSIVE In a surprise and strategic move, Charter Hall Group and Coles have extended tenancy terms for major distribution centres

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News South Australia Western Australia 

Mair buys Adelaide, Perth investments

November 13, 2019February 9, 2026 Marc Pallisco

Mair Property Funds (MPF) has spent $27.55 million on commercial assets in Adelaide and Perth – its fourth and fifth

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News South Australia 

APPF sells Westfield Marion half-stake to Singapore’s SPH REIT for $670 million – the year’s highest priced shopping centre deal

November 7, 2019November 8, 2019 Marc Pallisco

Lendlease-managed Australian Prime Property Fund (APPF) Retail has sold a half share of Adelaide’s Westfield Marion for $670 million –

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News South Australia 

Moelis Australia sells Adelaide’s Hollywood Plaza Large Format Retail complex for $12.95 million

October 1, 2019October 1, 2019 Marc Pallisco

Moelis Australia Asset Management has sold a homemaker centre in Adelaide’s north. The Hollywood Plaza Large Format Retail complex is

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