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Western Australia

Hotels News Western Australia 

Christie family divests $57m motel portfolio

May 31, 2024May 31, 2024 Marc Pallisco

John Christie has sold two motels held over 30 years in Perth’s inner east Riverdale. In the biggest deal, Singapore

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News Retail Western Australia 

Woolworths secures growth corridor site

May 29, 2024May 30, 2024 Marc Pallisco

Cedar Woods is celebrating a “significant” value uplift selling a shopping centre development site at its best performing housing estate

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News Retail Western Australia 

Vicinity snares stake in landmark Perth mall

May 21, 2024May 21, 2024 Marc Pallisco

Vicinity Centres is believed to be in advanced negotiations for a half stake in Perth’s enormous Lakeside Joondalup Shopping Centre,

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News Retail Western Australia 

Vicinity lists its smallest mall

May 16, 2024May 16, 2024 Marc Pallisco

Vicinity Centres is selling its smallest mall by value – in Perth’s exclusive Victoria Park, diagonally adjacent to the Burswood

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News Retail Western Australia 

Centuria picks up another Mandurah mall

May 7, 2024May 7, 2024 Marc Pallisco

Centuria has snapped up Halls Head Central – its third major shopping centre at Mandurah, 75 kilometres south of Perth.

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News Retail Western Australia 

Banjo Bond doubles down in Perth CBD

April 18, 2024April 19, 2024 Marc Pallisco

Banjo Bond’s Cosgrove Group has snapped up adjoining CBD retail assets from JJ Leach, which developed them a decade ago

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News Retail Western Australia 

Vicinity sheds another Perth mall

April 16, 2024April 16, 2024 Marc Pallisco

Vicinity is selling another sub regional Perth shopping centre, this time in the north east. Maddington Central is speculated to be

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News Residential Western Australia 

Council sells ex-operations centre to developer

April 15, 2024April 16, 2024 Marc Pallisco

The City of Subiaco has sold an ex-operations centre to local developer Cedar Woods which will nearly double the size

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Industrial News Victoria Western Australia 

Centuria locks in Melbourne, Perth industrial tenants

April 4, 2024April 4, 2024 Marc Pallisco

Centuria has secured tenant clients on long leases for two warehouses each side of the country. In the biggest deal,

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News Retail Western Australia 

Coles offloads near-new Perth mall

February 8, 2024February 8, 2024 Marc Pallisco

Coles has sold another neighbourhood shopping centre with a part leaseback, this time in Perth’s Brabham. The result for Whiteman

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Industrial News Western Australia 

Hitachi doubles down in south Perth

February 6, 2024February 6, 2024 Marc Pallisco

Hitachi Construction Machinery Australia will expand its Western Australian operation, buying a 5.2 hectare block next to a $60 million

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New South Wales News Office Retail Victoria Western Australia 

Melbourne’s GPO for sale as part of $600m portfolio

October 16, 2023October 25, 2023 Marc Pallisco

ISPT has listed Melbourne’s GPO as part of a portfolio also with the neighbouring The Strand, a regional Western Australian

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News Residential Western Australia 

Perth site bought for new student accommodation mandate

October 11, 2023October 11, 2023 Marc Pallisco

Fund manager Australian Unity with UniLodge and MaxCap have formed a $1 billion student accommodation mandate. To be seeded with

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News Retail Western Australia 

Vicinity takes major hit on Perth mall

September 20, 2023September 20, 2023 Marc Pallisco

Four years after listing it with $650 million price hopes and 18 months since a $530m deal to Elanor Investors

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News Office Western Australia 

Lithium group shifts HQ across state

September 14, 2023September 26, 2023 Marc Pallisco

EG Funds has lured an ASX-listed lithium group from Adelaide to Perth’s 2 Mill Street. The tenant is paying a

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News Retail Western Australia 

Australian Unity sells mall after 12 years

September 14, 2023September 14, 2023 Marc Pallisco

Locus Property Group and Security Capital Australia have snapped up a neighbourhood shopping centre at Woodvale, north of Perth, for

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News Queensland Western Australia 

Westbridge reweighs portfolio with Brisbane, Perth deals

September 14, 2023September 14, 2023 Marc Pallisco

Westbridge Funds Management has reweighed its portfolio with two deals. In the biggest transaction, the group is banking $19.3 million

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News Office Western Australia 

Vacant Perth office collects $33m

September 7, 2023September 7, 2023 Marc Pallisco

Cashed up Properties & Pathways investors have bought a 14 year old Perth CBD office from a syndicate including developers

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News Residential Victoria Western Australia 

Barwon boosts disability accommodation portfolio

August 29, 2023September 8, 2023 Marc Pallisco

Barwon Investment Partners has bought three assets for its Disability Accommodation Fund. In Melbourne’s Dandenong, and in Western Australia, at

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News Retail Western Australia 

Bond family buy Perth homemaker centre

August 17, 2023August 17, 2023 Marc Pallisco

Banjo Bond, the son of Primewest founder John and grandson of the late Alan, has snared a Midland homemaker centre

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News Office Western Australia 

Cadds upgrades, upsizes Perth base

August 17, 2023August 17, 2023 Marc Pallisco

Brookfield Properties has secured draft and design consultancy Cadds Group to the third floor of Perth’s Royal Insurance Building. The

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New South Wales News Queensland Retail South Australia Spotlight Victoria Western Australia 

National CBD retail vacancy rate rises

August 10, 2023August 10, 2023 CBRE

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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News Retail Western Australia 

Two buyers swoop on new convenience retail investment

July 26, 2023July 27, 2023 Marc Pallisco

Arise Developments has sold two new neighbouring convenience retail investments – part of a master-planned town centre in the Whiteman

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Industrial News Western Australia 

Transport groups trade Perth depot

July 20, 2023July 20, 2023 Marc Pallisco

Cleveland Freightlines – which closed last December after 45 years – has sold one of two recently listed former depots

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Hotels News Victoria Western Australia 

Far East Consortium list Ritz-Carlton portfolio

July 12, 2023July 13, 2023 Marc Pallisco

Far East Consortium is capitalising on post-COVID demand for Australian hotel investments, listing Ritz-Carltons in Melbourne and Perth. The Hong

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Essential services News Queensland Western Australia 

RAM buys healthcare investments with development plans

June 28, 2023June 28, 2023 Marc Pallisco

Real Asset Management has acquired two healthcare assets with development upside at each end of the country. In the biggest

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Hotels News Western Australia 

Woolworths offers historic Nedlands hotel for lease

June 21, 2023June 21, 2023 Marc Pallisco

Woolworths is offering Nedlands’ historic Captain Stirling hotel for lease, four months after winning a planning battle to develop the

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Essential services News Western Australia 

Hesperia snaps up aged care home, land

June 21, 2023June 22, 2023 Marc Pallisco

Adrian Fini and Ben Lisle’s Hesperia has paid $53 million for an 84 unit independent living complex and neighbouring development

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News Retail Western Australia 

Centuria, Vukelic family trade second mall this year

June 20, 2023June 20, 2023 Marc Pallisco

Centuria has bought another regional Western Australian shopping centre from the Vukelic family. Busselton Boulevard, about 50 kilometres north east

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Essential services News Western Australia 

Westbridge sells Perth medical centre

May 27, 2023May 27, 2023 Marc Pallisco

Westbridge Funds Management has sold the fully leased Cottesloe Medical Centre for $11.8 million – more than double what the

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Hotels News Western Australia 

Grain co-op secures WA motel

May 24, 2023May 24, 2023 Marc Pallisco

Grain growing co-operative CBH Group has purchased the Geraldton Motor Inn, part for employees and contractors who would otherwise find

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Industrial News Western Australia 

Andrew Forrest buying Australia’s biggest sheep station

April 29, 2023May 1, 2023 Marc Pallisco

Andrew and Nicola Forrest are seeking to buy Australia’s biggest sheep station – part to utilise for green energy infrastructure

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Essential services New South Wales News Queensland Victoria Western Australia 

HMC snares $1.2b hospital portfolio

March 29, 2023March 30, 2023 Marc Pallisco

HMC Capital has picked up a portfolio of 11 hospitals, seven which will be held by two trusts. The $1.2

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News Office Western Australia 

Developers sell Victoria Park office after 34 years

March 27, 2023March 28, 2023 Marc Pallisco

An office leased to Services Australia in Perth’s inner south east Victoria Park has been sold by the developers –

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Industrial News Western Australia 

Andrew and Nicola Forrest buy another WA mango farm

March 11, 2023March 11, 2023 Marc Pallisco

Andrew ‘Twiggy’ Forrest and his wife, Nicola, via their Harvest Road Group, are paying a speculated $2.6 million for the

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Industrial New South Wales News Western Australia 

Adbri divests two more blocks

March 2, 2023March 2, 2023 Marc Pallisco

Adbri has offloaded two more assets surplus to its needs. In the biggest deal, the group has banked $57 million

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News Retail Western Australia 

IP Generation snares mall stake below valuation

February 6, 2023February 7, 2023 Marc Pallisco

Chris Lock’s IP Generation has snapped up a half stake in south west Perth’s Rockingham Centre for $180 million. The

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Essential services News Western Australia 

Fund manager acquires another aged care investment

January 31, 2023January 31, 2023 Marc Pallisco

Fund manager Baron Vanilla has swooped on a West Leederville aged care investment – outlaying $12 million. Emerald Life, on

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Industrial News Western Australia 

Inghams commits to east Perth warehouse

January 29, 2023January 30, 2023 Marc Pallisco

ASX listed poultry supplier Inghams Group has committed to a temperature-controlled distribution centre at LOGOS’ Hazelmere Logistics Estate, east of

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News Queensland Western Australia 

Arcana snaps up Brisbane, Perth offices

January 25, 2023January 25, 2023 Marc Pallisco

Arcana Capital, co-directed by former Queensland premier Campbell Newman, has acquired two modern offices for a trust now seeking investors.

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Essential services News Retail Western Australia 

Camillo mall sells to fund manager owners

January 23, 2023January 23, 2023 Marc Pallisco

Mina and Scott O’Neill, who head investment house Rethink, have snapped up a retail and essential services investment at Camillo

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News Retail Western Australia 

Health fund divests two small regional assets

January 19, 2023January 19, 2023 Marc Pallisco

Not for profit health fund HBF has sold two more regional Western Australian retail properties after deciding to vacate. At

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Essential services News Office Western Australia 

Essential services groups trade Kalgoorlie building

January 16, 2023January 17, 2023 Marc Pallisco

Care organisation Goldfields Individual & Family Support Association Inc has snapped up a central Kalgoorlie commercial asset to part-occupy. On

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Industrial News Western Australia 

Endeavour’s fine wine business racks up another vineyard

January 14, 2023January 16, 2023 Marc Pallisco

Endeavour Group is buying one of Margaret River’s five founding wineries for a speculated $19 million. Cape Mentelle, on over

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News Retail Western Australia 

Fund manager bags Margaret River Coles

January 11, 2023January 11, 2023 Marc Pallisco

The Vukelic family has sold one of two Western Australian malls listed last October. The Margaret River Shopping Centre –

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Hotels News Western Australia 

Chip Eng Seng sell Mandurah hotel, buy Maldives resort

December 24, 2022December 24, 2022 Marc Pallisco

Chip Eng Seng – which is being taken over by Singaporean billionaires Celine and Gordon Tang – has sold Mandurah’s

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News Retail Western Australia 

Elanor, Stockland trade Perth shopping centre

December 22, 2022January 9, 2023 Marc Pallisco

Elanor Investors Group (ENN) has acquired a Western Australian shopping centre – to upgrade and part sell-down. Riverton Forum, 11

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New South Wales News Retail Western Australia 

FRP, Baron Vanilla snare malls

December 21, 2022December 21, 2022 Marc Pallisco

FRP Capital has snapped up a small shopping centre at Cooma – 105 kilometres south of Canberra – following an

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Essential services New South Wales News Queensland Western Australia 

Healius sells Montserrat Day Hospitals

December 9, 2022December 9, 2022 Marc Pallisco

Healthcare provider Healius is selling its Montserrat Day Hospitals business – which includes the management of eight hospitals and three

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New South Wales News Retail Western Australia 

HMC, Lendlease trade two malls

December 8, 2022December 12, 2022 Marc Pallisco

HMC Capital – the new name for HomeCo – has purchased two of three shopping centres listed by Lendlease in

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Industrial News Queensland Victoria Western Australia 

Properties & Pathways banks $73.5m from industrial portfolio

November 17, 2022November 18, 2022 Marc Pallisco

Properties & Pathways has sold six land rich industrial investments acquired in the two years before the national lockdown. RF

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News Office Western Australia 

Former ‘Bond Tower’ trades for $340m

November 9, 2022November 10, 2022 Marc Pallisco

Lendlease and Realside are picking up one of Perth’s most prominent office skyscrapers – developed in the late 1980s by

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Industrial News Western Australia 

Altis seals first WA deal

September 27, 2022September 28, 2022 Marc Pallisco

Altis Property Partners is the latest investment house to venture interstate, picking up an industrial holding at Hazelmere, north east

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News Office Western Australia 

Centuria, MA partner again for office

September 22, 2022September 23, 2022 Marc Pallisco

Centuria has teamed with MA Financial to acquire a Perth CBD office listed 13 months ago. The buyers will each

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Industrial News Queensland Victoria Western Australia 

ESR closes out industrial fund with $160m spending spree

September 8, 2022September 9, 2022 Marc Pallisco

ESR Australia has swooped on two land rich industrial portfolios, closing out its Logistics Platform II (EALP II) fund after

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News Retail Western Australia 

Westbridge diversifies fund with Perth retail

August 11, 2022August 11, 2022 Marc Pallisco

Westbridge Funds Management has acquired a small south Perth retail investment for the Diversified Fund No 4 (WDF4). The 1.074

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News Retail Western Australia 

Greenpool shops on another mall

July 29, 2022August 1, 2022 Marc Pallisco

Greenpool Capital has purchased its third major retail asset in 17 months, teaming with Savills Investment Management for the Forest

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Industrial News Western Australia 

Charter Hall swoops on $300m Perth business park

July 11, 2022July 12, 2022 Marc Pallisco

Charter Hall is purchasing a half dozen industrial investments and another six under construction, within the ROE Highway Logistics Park,

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Hotels News Western Australia 

Hotel earmarked for Spicer & Detmold site

June 29, 2022June 29, 2022 Marc Pallisco

The Forrest family’s burgeoning development arm Fiveight has applied to replace Fremantle’s former Spicer Building with a six storey hotel.

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Essential services News Queensland Western Australia 

Barwon diversifies into clinical trial class

June 27, 2022June 27, 2022 Marc Pallisco

Barwon Investment Partners has acquired its maiden clinical trial asset as part of a $45 million-plus spending spree for the

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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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Hotels News Western Australia 

AVC near doubles Perth portfolio

June 16, 2022June 16, 2022 Marc Pallisco

Australian Venue Co has added nine pubs to its Perth portfolio. In one negotiation, it has snared all seven venues

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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 Western Australia 

Engineering school spends $6.5m in West Perth

May 29, 2022May 29, 2022 Marc Pallisco

The Engineering Institute of Technology has forked out $6.475 million for neighbouring West Perth offices. The three storey building at

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News Retail Western Australia 

Elanor lines up c$530m Perth mall

May 25, 2022May 26, 2022 Marc Pallisco

Elanor Investors Group (ENN) is in advanced negotiations for north east Perth’s Midland Gate. The speculated $530 million deal with

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News Retail Western Australia 

Forrests buy Perth mall with redevelopment plan

May 1, 2022May 2, 2022 Marc Pallisco

Andrew and Nicola Forrest’s Fiveight – a property investment arm of the pair’s Tattarang – has picked up Perth’s Carillon

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Essential services New South Wales News Queensland Western Australia 

Centuria spends $115m for healthcare fund

April 27, 2022April 29, 2022 Marc Pallisco

Centuria has purchased four more investments for its Healthcare Property Fund (CHPF). In the priciest deal, the manager has outlaid

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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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Hotels New South Wales News Victoria Western Australia 

Tasman Holiday Parks swoops on four more assets

March 24, 2022March 24, 2022 Marc Pallisco

Tasman Holiday Parks is on track to double in size by the end of next year, acquiring four more assets

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News Office Western Australia 

ADC adds another suburban Perth office to portfolio

March 23, 2022March 23, 2022 Marc Pallisco

Australian Development Capital has picked up another inner Perth office investment – this time in the west. The refurbished three

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News Residential Western Australia 

Gurner heads west with Nedlands project

March 21, 2022March 21, 2022 Marc Pallisco

Gurner has diversified into another market – Western Australia – teaming with Costa Property Group and Grange Developments on a

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Industrial News Western Australia 

Andrew Forrest spends $70m on East Kimberley cattle stations

March 15, 2022March 16, 2022 Marc Pallisco

Andrew and Nicola Forrest, via their diversified agribusiness, Harvest Road, have picked up a portfolio of East Kimberley cattle stations.

Read more
Land News Western Australia 

Goldfields moves into Western Australia with Margaret River buy

February 17, 2022February 17, 2022 Marc Pallisco

Goldfields has purchased its maiden Western Australian housing estate site at Margaret River. The 47.12 hectare holding, 211 Darch Road,

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Essential services News Western Australia 

Dorado snaps up childcare portfolio for new fund

February 11, 2022February 11, 2022 Marc Pallisco

The investment arm of Dorado Property will establish an early learning fund after paying $18.4 million for four Western Australian

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Essential services News Victoria Western Australia 

Charter Hall outlays $134.3m on childcare centres

December 22, 2021December 22, 2021 Marc Pallisco

Charter Hall Social Infrastructure REIT (CQE) has acquired 21 childcare centres via two portfolio deals. The $134.3 million outlay reflects

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News Western Australia 

GDI picks up two Perth car parks from Perron

December 15, 2021December 15, 2021 Marc Pallisco

GDI Property Group is paying Perron Group $68.5 million for two Perth CBD car park investments with long term development

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Industrial News Office Victoria Western Australia 

Irongate invests $156m in Perth, Melbourne

December 10, 2021March 2, 2023 Marc Pallisco

Irongate (IAP) is paying $26 million for a business park in Perth’s Bibra Lake. The deal for 16 Aspiration Court

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Hotels Industrial News Western Australia 

Andrew Forrest buys farm, hotel and vineyard

December 8, 2021December 8, 2021 Marc Pallisco

Andrew and Nicola Forrest’s Tattarang has outlaid about $50 million for two Western Australia investments. In the biggest deal, the

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Hotels News Retail Western Australia 

Andrew Forrest earmarks hotel for Indiana teahouse site

December 5, 2021December 6, 2021 Marc Pallisco

A four storey hotel would be developed behind a renovated Indiana teahouse under plans by Andrew and Nicola Forrest’s property

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News Office Retail Western Australia 

Lester Group spends $28.5m in Rockingham

November 24, 2021November 24, 2021 Marc Pallisco

Perth based fund manager Lester Group has swooped on a bulky goods/office investment between two of Western Australia’s fastest growing

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