BHP razing ‘world’s toughest pub’ for park
BHP is razing the outback hotel once described as the world’s toughest pub, for a park. The mining giant paid
Read more
Western Australia
Gina Rinehart’s Hancock Prospecting proposes $250m business hub
Hancock Prospecting, owned by Australia’s richest person, Gina Rinehart, is seeking to build a $250 million office and serviced apartment
Read more
Family sells farm surrounded by housing estates
An offshore developer has swooped on a high-profile rural property surrounded by housing estates at Hammond Park – now a
Read more
Occupiers drop $11.9m for Malaga warehouses
Two sizeable vacant warehouses a couple of hundred metres from each other at Malaga, 10 kilometres north of Perth, have
Read more
Kelsian sells bus depot portfolio with leasebacks
Kelsian Group – the country’s largest integrated multi-modal transport provider and tourism operator – has sold three Western Australian bus
Read more
Broome clinic sells for second time in four years
A state government backed office and medical centre in Broome’s Cable Beach has sold for the second time in four
Read more
Growth corridor Perth mall fetches $30.1m
Locus Property with Security Capital Australia has swooped on a modern shopping centre at Alkimos, on the coast, 45 kilometres
Read more
Not for profit banks $21.6m for ex-HQ, laboratory
Kids Research Institute Australia has sold the Subiaco headquarters it quit seven years ago. The not for profit banked $21.55
Read more
Woolworths sells Bunbury block to developer
Woolworths’ development arm Fabcot has sold a prominent site with three street frontages at Australind, about 160 kilometres south of
Read more
Heavyweight asset managers seal Perth office, industrial lease deals
Brookfield Properties and Cbus have secured a tenant for a third of a new Perth CBD office, practical completion of
Read more
Wolfdene secures another Perth growth corridor site
Melbourne developer Wolfdene has quietly purchased another Perth growth corridor housing estate site. The nine hectare tract, covered by the East
Read more
Aspen spends $45m for WA sites
EXCLUSIVE Land lease, living, lifestyle, over-55 community and tourist accommodation provider, Aspen Group, has bought a major Ravenswood block, south
Read more
Centuria, ESR trade Perth warehouses
ESR Australia is selling two adjoining Perth warehouses – branded one business park – to Centuria for an opportunity fund
Read more
GDI banks $164m from Perth IKEA
GDI has sold Perth’s only IKEA, at Innaloo, after just over seven years. The ASX-listed group, which held the asset,
Read more
Perth growth corridor mall sells again
A land rich shopping centre in a north east Perth growth corridor has sold for the second time in three
Read more
Developer outlays $21m for waterfront apartment block
An under-utilised apartment block overlooking the Swan River, in South Perth, has traded for $21 million. A more luxurious residential
Read more
Saracen sheds permit-ready Bunnings site
Saracen Properties has shed a major West Perth site permit-ready for a Bunnings based mixed-use project, planned with the land
Read more
MacLachlan family sell Australia’s biggest sheep station…again
The MacLachlan family has found another buyer for Australia’s largest sheep station after billionaire Andrew Forrest’s Fortescue Metals withdrew a
Read more
Australian Unity banks $47m from medical centre
Australian Unity has sold another asset from its flagship Healthcare Property Trust. The 4996 square metre facility in Perth’s ritzy
Read more
Far East checks out of Perth hotel
Singapore listed Far East Orchard, part of the Far East Organisation empire, has sold the freehold going concern to the
Read more
Theatre turned medical centre collects $9.1m
The historic Beacon Theatre in Fremantle, now a high quality, fully leased medical centre, has traded between private investors. The
Read more
Arise, Barings seal record LFR deal
Barings Real Estate Australia has paid $74 million for Joondalup Square – a record this year for a large format
Read more
Perth office fetches $75m from Indonesian investment manager
RF Corval has sold a Perth CBD office after nearly six years. Worth $75 million, the fund manager and developer
Read more
Woolworths buys, sells anchored malls
Woolworths has bought and sold shopping centres it anchors east and west of the country. In a significant deal, the
Read more
Banjo Bond fills chunk of homemaker centre
Cosgrove Group has filled a major vacancy at a north east Perth homemaker centre (pictured, top) bought last April. 4WD
Read more
RAM takes hit with medical centre sale
Real Asset Management has suffered a loss selling a South Lake healthcare investment after two and a half years. The
Read more
Thai developer strikes major housing estate portfolio deal
The country’s home building landscape is set for another major change with Bangkok-controlled Supalai Australia Holdings, in partnership with Stockland,
Read more
Major Melbourne developers buy Perth site for maiden project
EXCLUSIVE Prominent private Melbourne developers Oreana Group and Wolfdene have scooped up a major north east Perth site for a
Read more
Westbridge buys, sells industrial assets
Perth based Westbridge Funds Management has quietly traded in two industrial deals. In the priciest, the group, on behalf of
Read more
Record paid for WA childcare centre
HMC Capital has divested an inner north east Perth childcare centre for $7.2 million – a record for an asset
Read more
PTA buys another site
Three weeks after acquiring a Bayswater site for its electric bus fleet, the Public Transport Authority of Western Australia has
Read more
ESR sells stake in $3.2b industrial fund
ESR Australia has sold a stake in a $3.2 billion industrial fund held with the Abu Dhabi Investment Authority, with
Read more
Pharmaceutical society sells vacant office
The Pharmaceutical Society of Western Australia has sold a small Perth office until late last year leased to ally, the
Read more
Government buys site for electric bus fleet
The state government has bought a major north east Perth industrial site to repurpose as a charging depot for its
Read more
Hawaiin, QIC trade mall stake
Hawaiin has acquired the half stake it didn’t control of Perth’s Claremont Quarter. QIC was the seller, the off-market deal,
Read more
Fund manager snares Perth data centre
Centuria has bought a 15 year old Perth data centre for the Industrial REIT (CIP). The two storey facility on
Read more
Bond family buy back historic hotel
Centuria has sold a historic Fremantle hotel picked up following its Primewest takeover three years ago. In a twist, the
Read more
Pilbara Coles finds buyer
EXCLUSIVE A Pilbara region Coles – the only full line supermarket within a 275 kilometre radius – has traded between
Read more
Fund managers trade Canning Vale warehouse
Harmony Property Investments has bought another Canning Vale asset. The 1.53 hectare holding with a 5642 square metre office/warehouse at
Read more
GIC offloads another shopping centre stake
Singapore sovereign wealth fund GIC is selling another half stake in an Australian shopping centre, this time in Perth. JY
Read more
Centuria banks premium from WA medical centres
Centuria has sold two small Western Australian medical centres acquired three and a half years ago to seed the Healthcare
Read more
Government buys Australian Marine Complex lot
Engineering equipment and service provider AME has sold a major Australian Marine Complex lot to the state government’s DevelopmentWA. The
Read more
Elanor, Vicinity divest Pilbara mall
A triple anchored shopping centre in Western Australia’s Pilbara has sold to Melbourne fund manager Fawkner Property for a touch
Read more
Christie family divests $57m motel portfolio
John Christie has sold two motels held over 30 years in Perth’s inner east Riverdale. In the biggest deal, Singapore
Read more
Woolworths secures growth corridor site
Cedar Woods is celebrating a “significant” value uplift selling a shopping centre development site at its best performing housing estate
Read more
Vicinity snares stake in landmark Perth mall
Vicinity Centres is believed to be in advanced negotiations for a half stake in Perth’s enormous Lakeside Joondalup Shopping Centre,
Read more
Vicinity lists its smallest mall
Vicinity Centres is selling its smallest mall by value – in Perth’s exclusive Victoria Park, diagonally adjacent to the Burswood
Read more
Centuria picks up another Mandurah mall
Centuria has snapped up Halls Head Central – its third major shopping centre at Mandurah, 75 kilometres south of Perth.
Read more
Banjo Bond doubles down in Perth CBD
Banjo Bond’s Cosgrove Group has snapped up adjoining CBD retail assets from JJ Leach, which developed them a decade ago
Read more
Vicinity sheds another Perth mall
Vicinity is selling another sub regional Perth shopping centre, this time in the north east. Maddington Central is speculated to be
Read more
Council sells ex-operations centre to developer
The City of Subiaco has sold an ex-operations centre to local developer Cedar Woods which will nearly double the size
Read more
Centuria locks in Melbourne, Perth industrial tenants
Centuria has secured tenant clients on long leases for two warehouses each side of the country. In the biggest deal,
Read more
Coles offloads near-new Perth mall
Coles has sold another neighbourhood shopping centre with a part leaseback, this time in Perth’s Brabham. The result for Whiteman
Read more
Hitachi doubles down in south Perth
Hitachi Construction Machinery Australia will expand its Western Australian operation, buying a 5.2 hectare block next to a $60 million
Read more
Melbourne’s GPO for sale as part of $600m portfolio
ISPT has listed Melbourne’s GPO as part of a portfolio also with the neighbouring The Strand, a regional Western Australian
Read more
Perth site bought for new student accommodation mandate
Fund manager Australian Unity with UniLodge and MaxCap have formed a $1 billion student accommodation mandate. To be seeded with
Read more
Vicinity takes major hit on Perth mall
Four years after listing it with $650 million price hopes and 18 months since a $530m deal to Elanor Investors
Read more
Lithium group shifts HQ across state
EG Funds has lured an ASX-listed lithium group from Adelaide to Perth’s 2 Mill Street. The tenant is paying a
Read more
Australian Unity sells mall after 12 years
Locus Property Group and Security Capital Australia have snapped up a neighbourhood shopping centre at Woodvale, north of Perth, for
Read more
Westbridge reweighs portfolio with Brisbane, Perth deals
Westbridge Funds Management has reweighed its portfolio with two deals. In the biggest transaction, the group is banking $19.3 million
Read more
Vacant Perth office collects $33m
Cashed up Properties & Pathways investors have bought a 14 year old Perth CBD office from a syndicate including developers
Read more
Barwon boosts disability accommodation portfolio
Barwon Investment Partners has bought three assets for its Disability Accommodation Fund. In Melbourne’s Dandenong, and in Western Australia, at
Read more
Bond family buy Perth homemaker centre
Banjo Bond, the son of Primewest founder John and grandson of the late Alan, has snared a Midland homemaker centre
Read more
Cadds upgrades, upsizes Perth base
Brookfield Properties has secured draft and design consultancy Cadds Group to the third floor of Perth’s Royal Insurance Building. The
Read more
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
Read more
Two buyers swoop on new convenience retail investment
Arise Developments has sold two new neighbouring convenience retail investments – part of a master-planned town centre in the Whiteman
Read more
Transport groups trade Perth depot
Cleveland Freightlines – which closed last December after 45 years – has sold one of two recently listed former depots
Read more
Far East Consortium list Ritz-Carlton portfolio
Far East Consortium is capitalising on post-COVID demand for Australian hotel investments, listing Ritz-Carltons in Melbourne and Perth. The Hong
Read more
RAM buys healthcare investments with development plans
Real Asset Management has acquired two healthcare assets with development upside at each end of the country. In the biggest
Read more
Woolworths offers historic Nedlands hotel for lease
Woolworths is offering Nedlands’ historic Captain Stirling hotel for lease, four months after winning a planning battle to develop the
Read more
Hesperia snaps up aged care home, land
Adrian Fini and Ben Lisle’s Hesperia has paid $53 million for an 84 unit independent living complex and neighbouring development
Read more
Centuria, Vukelic family trade second mall this year
Centuria has bought another regional Western Australian shopping centre from the Vukelic family. Busselton Boulevard, about 50 kilometres north east
Read more
Westbridge sells Perth medical centre
Westbridge Funds Management has sold the fully leased Cottesloe Medical Centre for $11.8 million – more than double what the
Read more
Grain co-op secures WA motel
Grain growing co-operative CBH Group has purchased the Geraldton Motor Inn, part for employees and contractors who would otherwise find
Read more
Andrew Forrest buying Australia’s biggest sheep station
Andrew and Nicola Forrest are seeking to buy Australia’s biggest sheep station – part to utilise for green energy infrastructure
Read more
HMC snares $1.2b hospital portfolio
HMC Capital has picked up a portfolio of 11 hospitals, seven which will be held by two trusts. The $1.2
Read more
Developers sell Victoria Park office after 34 years
An office leased to Services Australia in Perth’s inner south east Victoria Park has been sold by the developers –
Read more
Andrew and Nicola Forrest buy another WA mango farm
Andrew ‘Twiggy’ Forrest and his wife, Nicola, via their Harvest Road Group, are paying a speculated $2.6 million for the
Read more
Adbri divests two more blocks
Adbri has offloaded two more assets surplus to its needs. In the biggest deal, the group has banked $57 million
Read more
IP Generation snares mall stake below valuation
Chris Lock’s IP Generation has snapped up a half stake in south west Perth’s Rockingham Centre for $180 million. The
Read more