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South Australia

Hotels News South Australia 

Salter Brothers behind Adelaide hotel deal

March 23, 2023March 23, 2023 Marc Pallisco

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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Industrial News South Australia 

Centennial fills Adelaide distribution centre

March 13, 2023March 14, 2023 Marc Pallisco

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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News Residential South Australia 

John Platten offloads historic Adelaide home

February 24, 2023February 24, 2023 Marc Pallisco

Brownlow medallist and four time premiership player John ‘The Rat’ Platten and his wife, Leanne, have sold their home in

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Hotels News South Australia 

Fortitude concludes pub portfolio sale

February 19, 2023March 27, 2023 Marc Pallisco

Fortitude Investment Partners, with brands including Aquila shoes, Birch & Waite mayonnaise and text book producer Origo Education, has sold

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News Retail South Australia 

Campbelltown mall sold after six decades

February 1, 2023February 1, 2023 Marc Pallisco

A Campbelltown shopping centre with development upside has traded between private investors. With a supermarket tenancy – leased to Romeo’s

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Hotels News Retail South Australia 

Charter Hall snares two pubs, bottle shops

January 30, 2023January 31, 2023 Marc Pallisco

Charter Hall has added two north east Adelaide pubs to its book. In Highbury and Golden Grove, the assets are

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Industrial New South Wales News Office Queensland South Australia Victoria 

Dexus sells five more properties

December 23, 2022December 23, 2022 Marc Pallisco

Dexus has concluded another round of disposals – including an East Melbourne office for $213.7 million. Two Brisbane warehouses and

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Industrial News South Australia 

Centuria spends $70m on another tomato farm

December 15, 2022December 17, 2022 Marc Pallisco

Centuria has added a second hydroponic tomato growing facility to its six month old Agriculture Fund (CAG) – this time

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Industrial New South Wales News South Australia 

Warakirri adds NSW, SA wineries to farm fund

December 19, 2022December 19, 2022 Marc Pallisco

Warakirri Asset Management has added two major assets to its Farmland Fund (WFF), which launched last April. Grande Junction, in

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Essential services News South Australia 

AU bolsters SA aged care presence with $220m deal

December 13, 2022December 14, 2022 Marc Pallisco

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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Industrial News South Australia 

Ensign divests major Adelaide laundromat with a leaseback

December 12, 2022December 12, 2022 Marc Pallisco

Ensign Services has sold a major Dudley Park industrial investment with a 30 year leaseback. The laundry service provider is

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News Office South Australia 

Fund managers swoop on two Adelaide offices

December 1, 2022December 1, 2022 Marc Pallisco

Two Adelaide offices which hit the market in July have found buyers. In the biggest deal, Harmony Property Investments, controlled

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News Office South Australia 

Quintessential expands footprint in ‘Adelaide’s best location’

November 25, 2022December 22, 2022 Marc Pallisco

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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A.C.T. Essential services News South Australia Victoria 

AU spends on essential services investments

November 8, 2022November 8, 2022 Marc Pallisco

Australian Unity has scooped up a swag of small essential services investments. For its Speciality Disability Accommodation Fund, the group

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News Retail South Australia 

Charter Hall, FRP trade another asset

November 1, 2022November 2, 2022 Marc Pallisco

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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News Office South Australia 

Marprop acquires maiden Adelaide asset

September 25, 2022December 12, 2022 Marc Pallisco

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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News Residential South Australia 

Centennial offloads first Adelaide asset

September 20, 2022September 21, 2022 Marc Pallisco

Centennial Property Group has sold the student accommodation complex which was its first Adelaide investment eight years ago. The University

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Essential services N.T. News Office South Australia Victoria 

One small step, one giant leap: MPG portfolio hits a billion

September 7, 2022September 7, 2022 Marc Pallisco

MPG Funds Management has boosted the value of its Essential Services Property Trust (MESPT) – until recently known as the

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Industrial News South Australia 

Primewest adds six vineyards to agriculture fund

August 29, 2022August 29, 2022 Marc Pallisco

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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Industrial News Retail South Australia 

Charter Hall fund swaps industrial for convenience retail

August 30, 2022August 30, 2022 Marc Pallisco

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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Hotels News South Australia 

Harvest makes first Adelaide play

August 11, 2022February 19, 2023 Marc Pallisco

Harvest Hotels has snared two venues north and south of Adelaide – its first play outside of New South Wales

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Industrial News South Australia 

Wine distribution centre flipped for $121m

August 4, 2022August 4, 2022 Marc Pallisco

Munich family office AM alpha has flipped an Adelaide wine distribution centre after 14 months. The group is banking $121

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News Queensland Retail South Australia Western Australia 

Centuria, SCA trade five small malls

June 20, 2022June 20, 2022 Marc Pallisco

SCA Property has snapped up five small neighbourhood shopping centres from Centuria subsidiary Primewest. The $180 million deal has been

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Industrial News South Australia 

VIMG punts on Australia’s largest vacant distribution centre

June 16, 2022June 16, 2022 Marc Pallisco

Sydney fund manager VIMG has snapped up a vacant, land rich industrial asset, 60 kilometres south east of Adelaide. The

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Industrial New South Wales News South Australia Victoria Western Australia 

Centuria boosts industrial pipeline

June 2, 2022June 3, 2022 Marc Pallisco

Centuria, on behalf of the Industrial REIT (CIP), has bought and sold an east coast warehouse, and boosted its industrial

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News Office Residential Retail South Australia 

Gurner, Kennard to redevelop ex-Adelaide Mail Centre

June 1, 2022June 2, 2022 Marc Pallisco

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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News Office South Australia 

Sentinel spends $20.9m for maiden SA asset

May 16, 2022December 8, 2022 Marc Pallisco

Sentinel Property Group is paying $20.9 million for its maiden South Australian investment – the five level office component of

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News Retail South Australia 

Petrol tsar spends c$135m on Adelaide mall

May 4, 2022May 4, 2022 Marc Pallisco

Melbourne investor Nick Andrianakos is paying over $135 million for a half stake of the Colonnades – the country’s fourth

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News Queensland Retail South Australia Western Australia 

Primewest lists $200m shopping centre portfolio

April 12, 2022April 21, 2022 Marc Pallisco

Primewest has listed four neighbourhood shopping centres and Tyne Square, in the Perth CBD, on behalf of a matured fund.

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New South Wales News South Australia 

Parkstone swoops on two more Woolworths backed malls

April 7, 2022April 7, 2022 Marc Pallisco

Adelaide fund manager Parkstone has spent over $40 million for two more Woolworths backed retail investments. In its home town,

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News Office South Australia 

Cromwell swoops on Adelaide office

April 4, 2022April 4, 2022 Marc Pallisco

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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Hotels News South Australia 

Endeavour purchases Empire Hotel

February 17, 2022February 17, 2022 Marc Pallisco

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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News Office South Australia 

CBA commits to landmark Adelaide office

February 14, 2022February 14, 2022 Marc Pallisco

The Commonwealth Bank of Australia has leased 1600 square metres within the Entrepreneur and Innovation Centre, set to be the

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News Retail South Australia 

Coles sells Victor Harbor store

February 9, 2022February 9, 2022 Marc Pallisco

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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New South Wales News Queensland Retail South Australia 

Investors buy Adelaide, Brisbane, Sydney malls

December 21, 2021January 4, 2022 Marc Pallisco

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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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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