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Western Australia

News Residential Western Australia 

Aspen spends $45m for WA sites

April 2, 2025April 3, 2025 Marc Pallisco

EXCLUSIVE Land lease, living, lifestyle, over-55 community and tourist accommodation provider, Aspen Group, has bought a major Ravenswood block, south

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Industrial News Western Australia 

Centuria, ESR trade Perth warehouses

March 27, 2025April 1, 2025 Marc Pallisco

ESR Australia is selling two adjoining Perth warehouses – branded one business park – to Centuria for an opportunity fund

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News Retail Western Australia 

GDI banks $164m from Perth IKEA

March 27, 2025June 20, 2025 Marc Pallisco

GDI has sold Perth’s only IKEA, at Innaloo, after just over seven years. The ASX-listed group, which held the asset,

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News Retail Western Australia 

Perth growth corridor mall sells again

March 19, 2025March 19, 2025 Marc Pallisco

A land rich shopping centre in a north east Perth growth corridor has sold for the second time in three

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News Residential Western Australia 

Developer outlays $21m for waterfront apartment block

March 17, 2025March 19, 2025 Marc Pallisco

An under-utilised apartment block overlooking the Swan River, in South Perth, has traded for $21 million. A more luxurious residential

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News Retail Western Australia 

Saracen sheds permit-ready Bunnings site

March 17, 2025March 19, 2025 Marc Pallisco

Saracen Properties has shed a major West Perth site permit-ready for a Bunnings based mixed-use project, planned with the land

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Industrial News Western Australia 

MacLachlan family sell Australia’s biggest sheep station…again

March 5, 2025March 6, 2025 Marc Pallisco

The MacLachlan family has found another buyer for Australia’s largest sheep station after billionaire Andrew Forrest’s Fortescue Metals withdrew a

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Essential services News Office Western Australia 

Australian Unity banks $47m from medical centre

February 12, 2025February 13, 2025 Marc Pallisco

Australian Unity has sold another asset from its flagship Healthcare Property Trust. The 4996 square metre facility in Perth’s ritzy

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Hotels News Western Australia 

Far East checks out of Perth hotel

December 22, 2024December 23, 2024 Marc Pallisco

Singapore listed Far East Orchard, part of the Far East Organisation empire, has sold the freehold going concern to the

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Essential services News Western Australia 

Theatre turned medical centre collects $9.1m

December 20, 2024December 20, 2024 Marc Pallisco

The historic Beacon Theatre in Fremantle, now a high quality, fully leased medical centre, has traded between private investors. The

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News Retail Western Australia 

Arise, Barings seal record LFR deal

December 18, 2024December 19, 2024 Marc Pallisco

Barings Real Estate Australia has paid $74 million for Joondalup Square – a record this year for a large format

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News Office Western Australia 

Perth office fetches $75m from Indonesian investment manager

December 9, 2024December 9, 2024 Marc Pallisco

RF Corval has sold a Perth CBD office after nearly six years. Worth $75 million, the fund manager and developer

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New South Wales News Retail Western Australia 

Woolworths buys, sells anchored malls

December 5, 2024December 6, 2024 Marc Pallisco

Woolworths has bought and sold shopping centres it anchors east and west of the country. In a significant deal, the

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News Retail Western Australia 

Banjo Bond fills chunk of homemaker centre

December 5, 2024December 5, 2024 Marc Pallisco

Cosgrove Group has filled a major vacancy at a north east Perth homemaker centre (pictured, top) bought last April. 4WD

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Essential services News Western Australia 

RAM takes hit with medical centre sale

November 28, 2024November 28, 2024 Marc Pallisco

Real Asset Management has suffered a loss selling a South Lake healthcare investment after two and a half years. The

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New South Wales News Queensland Victoria Western Australia 

Thai developer strikes major housing estate portfolio deal

November 12, 2024November 14, 2024 Marc Pallisco

The country’s home building landscape is set for another major change with Bangkok-controlled Supalai Australia Holdings, in partnership with Stockland,

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Land News Residential Western Australia 

Major Melbourne developers buy Perth site for maiden project

October 29, 2024October 30, 2024 Marc Pallisco

EXCLUSIVE Prominent private Melbourne developers Oreana Group and Wolfdene have scooped up a major north east Perth site for a

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Industrial News Queensland Western Australia 

Westbridge buys, sells industrial assets

October 21, 2024October 22, 2024 Marc Pallisco

Perth based Westbridge Funds Management has quietly traded in two industrial deals. In the priciest, the group, on behalf of

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Essential services News Western Australia 

Record paid for WA childcare centre

October 10, 2024October 10, 2024 Marc Pallisco

HMC Capital has divested an inner north east Perth childcare centre for $7.2 million – a record for an asset

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Industrial News Western Australia 

PTA buys another site

September 19, 2024September 19, 2024 Marc Pallisco

Three weeks after acquiring a Bayswater site for its electric bus fleet, the Public Transport Authority of Western Australia has

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Industrial New South Wales News Queensland Victoria Western Australia 

ESR sells stake in $3.2b industrial fund

September 17, 2024September 17, 2024 Marc Pallisco

ESR Australia has sold a stake in a $3.2 billion industrial fund held with the Abu Dhabi Investment Authority, with

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News Office Western Australia 

Pharmaceutical society sells vacant office

September 12, 2024September 21, 2024 Marc Pallisco

The Pharmaceutical Society of Western Australia has sold a small Perth office until late last year leased to ally, the

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Industrial News Western Australia 

Government buys site for electric bus fleet

August 30, 2024September 3, 2024 Marc Pallisco

The state government has bought a major north east Perth industrial site to repurpose as a charging depot for its

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News Retail Western Australia 

Hawaiin, QIC trade mall stake

August 22, 2024August 22, 2024 Marc Pallisco

Hawaiin has acquired the half stake it didn’t control of Perth’s Claremont Quarter. QIC was the seller, the off-market deal,

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Industrial News Western Australia 

Fund manager snares Perth data centre

July 30, 2024July 30, 2024 Marc Pallisco

Centuria has bought a 15 year old Perth data centre for the Industrial REIT (CIP). The two storey facility on

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Hotels News Western Australia 

Bond family buy back historic hotel

July 16, 2024July 16, 2024 Marc Pallisco

Centuria has sold a historic Fremantle hotel picked up following its Primewest takeover three years ago. In a twist, the

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News Retail Western Australia 

Pilbara Coles finds buyer

July 9, 2024July 10, 2024 Marc Pallisco

EXCLUSIVE A Pilbara region Coles – the only full line supermarket within a 275 kilometre radius – has traded between

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Industrial News Western Australia 

Fund managers trade Canning Vale warehouse

June 24, 2024June 24, 2024 Marc Pallisco

Harmony Property Investments has bought another Canning Vale asset. The 1.53 hectare holding with a 5642 square metre office/warehouse at

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News Retail Western Australia 

GIC offloads another shopping centre stake

June 13, 2024June 13, 2024 Marc Pallisco

Singapore sovereign wealth fund GIC is selling another half stake in an Australian shopping centre, this time in Perth. JY

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Essential services News Western Australia 

Centuria banks premium from WA medical centres

June 13, 2024June 13, 2024 Marc Pallisco

Centuria has sold two small Western Australian medical centres acquired three and a half years ago to seed the Healthcare

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Industrial News Western Australia 

Government buys Australian Marine Complex lot

June 11, 2024June 11, 2024 Marc Pallisco

Engineering equipment and service provider AME has sold a major Australian Marine Complex lot to the state government’s DevelopmentWA. The

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News Retail Western Australia 

Elanor, Vicinity divest Pilbara mall

June 4, 2024June 5, 2024 Marc Pallisco

A triple anchored shopping centre in Western Australia’s Pilbara has sold to Melbourne fund manager Fawkner Property for a touch

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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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