Bill Votsaris buys historic ex-Geelong Post Office with $20m boutique hotel plan

The 130-year old former Geelong Post Office will be converted into a boutique hospitality complex after selling to town local Bill Votsaris for a speculated $4.3-$4.5 million. City of Greater Geelong offered 83 Ryrie Street for sale or lease seven months ago as part of a two stage process which followed community engagement sessions regarding

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LOGOS, Ivanhoe Cambridge pay Growthpoint $50.2m for Broadmeadows logistics site

Growthpoint Properties Australia has decided against redeveloping a 25 hectare Broadmeadows distribution centre vacated in February by Woolworths – instead selling it to a joint venture partnership which will. LOGOS Group and Ivanhoe Cambridge are paying $50.2 million for 120 Northcorp Boulevard, in a deal scheduled to settle in 10 days. The incoming owners have

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

Cromwell Funds Management, on behalf of the Cromwell Property Trust T12, has sold a seven year old cold storage investment in South Australia’s Direk, to New York based investment bank Moelis. The Rand Transport Distribution Centre is trading for $63.05 million – or 18.96 per cent over book value. The vendor acquired 26-34 Caribou Drive,

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