Greystar snares five east coast industrial sites
Greystar has established an Australian industrial development pipeline with the purchase of five east coast assets. At 26 Ferndell Street,
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Real Estate News
North Stradbroke Island’s only pub sold after 26 years
Bob Hill has sold North Stradbroke Island’s only hotel to a partnership comprising Good Time Group Holdings and Anthony Moreton
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Charter Hall secures Woolworths to Eastern Creek
Sixteen months after securing development rights to a prime Eastern Creek site owned by the state government’s Western Sydney Parklands
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Office in St Kilda Road’s revered ‘northern precinct’ for lease
An office in St Kilda Road’s most revered pocket – the northern precinct, opposite the Shrine of Remembrance – is
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KWB sells Lytton warehouse with a leaseback
KWB Group, majority owned by ASX listed Joyce Corporation, which also controls Bedshed, has sold a Lytton industrial investment with
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GRESB rates Australian fund managers for ESG
The independent organisation which issues Environmental, Social and Governance rating, the Global Real Estate Sustainability Benchmark, or GRESB, has awarded
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Golden Age kicks off townhouse project after VCAT win
Golden Age Group has launched the marketing campaign for a major Glen Waverley townhouse project after winning a planning battle
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Waterfront pile set to smash Brighton record
The family of late car salesman turned property developer Bruce Terry is readying to list Brighton’s landmark Teychel. With a
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Frasers sells out industrial estate with two small deals
Frasers Property Industrial has sold down a 43 hectare Tarneit industrial site it picked up three years ago. The last
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Developers swap Gosford’s Kibbleplex site
Paul Lederer has sold Gosford’s ex-Kibbleplex Shopping Centre, also once known as Marketplace and Marketown, to Raj and Jai Construction.
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Gurner, Qualitas eye inner Sydney site for BTR project
Gurner and Qualitas are speculated to be buying a landmark Five Dock site with plans for another Build to Rent
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New Brisbane medical centre fetches $8.1m
Limbada Group has snapped up a new Hendra medical centre. On 1953 square metres at 1-3 Zillman Road, the investment
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New plan for untouched Docklands precinct
A consortium comprising the Liberman family’s JGL Investments and Schwartz family office, amongst others, have relaunched plans to replace a
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Office occupancy lifts in September
The number of workers going into the office lifted in most CBDs in September according to the latest Property Council
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Mirvac offloads Southbank office
Marquette Properties has swooped on one of seven buildings in Brisbane’s Southbank – outlaying $104.4 million. Mirvac was the vendor;
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Woolworths picks up Coles-anchored mall
IP Generation has flipped a small Coles-backed shopping centre at Miranda, 16 months after picking it up as part of
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Inchcape quits prominent Melbourne car yard
Inchcape will quit the prominent Docklands dealership occupied since 2002 for Subaru. With the move, early next year, the 1.8
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Hines to build fully electric Melbourne skyscraper
Hines has won permission to replace a low rise Collins Street commercial building, formerly part occupied by 7-Eleven, with a
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Lowe snares prime South Melbourne corner
Lowe Living is the latest developer to snare a major South Melbourne site. The builder is paying a speculated $30
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Victory founder offloads unfinished Toorak mansion
Update: Landream purchased this property at a discount to guide. Read our story here. An unfinished seven bedroom mansion in
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Fund manager lists Warrnambool shopping centre, land
MA Financial, formerly known as Moelis Australia, is selling another shopping centre. The Gateway Plaza at Warrnambool carries $70 million-plus
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Melbourne restaurateur banks premium from Sydney bolthole
Chris Lucas has sold his Potts Point apartment for an undisclosed price, speculated to be about $6 million. Any deal
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Canva spends $120m on unrenovated Sydney office
Canva is speculated to be paying just over $120 million for an unrenovated vacant office up the road from its
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Sentinel sells Canberra shopping centre
Sentinel has sold Tuggeranong Homeworld for $46 million, closing a single asset fund after eight years. On a 2.2 hectare
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Quanta swoops on ex-Flight Centre HQ
Quanta Investment Funds has paid $39 million for a small 14 storey Brisbane office, also a former Flight Centre headquarters.
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Goodyear pre-commits to Brisbane warehouse
Frasers Property Industrial has secured Goodyear, an existing tenant client, as the first pre-commitment at its Vantage Yatala estate, in
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Ex-football club president fills Preston building
Former Carlton Football Club president Mark Lo Giudice has filled the prominent Preston building he bought last November, with a
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Philanthropic group list Gothic Melbourne office
The historic Donkey Wheel House, next door to Fragrance Group’s Premier Tower, known locally as the Beyonce building, is for
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Laundy family invests in Casula
Arthur Laundy has snared the vacant Hunts Hotel Liverpool, at Casula, for a speculated $42 million. The 2.142 hectare B6
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Outgoing Cartier flagship store sold
Charter Hall and Wyllie Group, on behalf of a fund for wholesale investors in which they will each hold a
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LaSalle snaps up landmark homemaker centre
AsheMorgan is banking a significant capital gain offloading Casula’s Crossroads Centre after three years for $282 million. LaSalle Asset Management
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SLMC secures another Victorian shopping centre
A partnership between Sim Lian Group and the listed Metro Holdings Limited, both from Singapore, has snapped up Shepparton Marketplace
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Developers move on three Gold Coast projects
Developers – one backed by royalty – are proceeding with plans for two Gold Coast apartment towers and a hotel.
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Gurner opens Queensland office
Gurner has opened its first Queensland office, at Brisbane. The developer has chosen a property familiar to it – 156
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Centuria turns sod for Kew hospital
Centuria Capital Group executives yesterday attended a sod cutting ceremony for a four storey hospital on the site of the
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Melbourne’s hottest suburban office markets
An urban to suburban office trend is happening. For a number of reasons, including the need to entice staff back
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Restaurateurs fork out for Double Bay retail
Top Spring Australia has sold three ground floor retail tenancies within the Ode apartment complex, set to replace the Double
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Tom Burstall, Sigrid Thornton list distinctive Melbourne home
Postscript: this property sold to one buyer on December 9, 2022, for $3.8115 million with $2.382m attributed to the larger
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Koo Wee Rup farm trades after a week
An investor paid $5.75 million, reflecting a 6.2 per cent yield, to secure a small Koo Wee Rup agricultural asset
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Balwyn’s landmark The Connault for sale
Landmark Balwyn estate The Connault, formerly known as Mary’s Mount and before that, Idylwylde, is for sale. The historic property
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Clarence divests Gold Coast mall
Clarence Property has sold the Ormeau Marketplace, in the northern Gold Coast, after three years. The Lennox Head fund manager
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Centennial, HMC trade ex-Masters outlet
HMC Capital, the new name for HomeCo, has sold an ex-Masters store at North St Marys, after deciding against converting
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Altis seals first WA deal
Altis Property Partners is the latest investment house to venture interstate, picking up an industrial holding at Hazelmere, north east
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Continental supermarket expands in the south east
Market Europa has leased its third store, a former Vintage Cellars within Mount Waverley’s strata owned Pinewood Shopping Centre. The
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JY, Vicinity team again for mall
JY Group has purchased a half stake in another mall – this time in Sydney’s north west Carlingford. The interest
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Slice of ex-Eastern Golf Course for sale
Next Generation has listed a country club style investment, in Doncaster, with a 15 year leaseback. Built in and around
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Melissa Caddick’s Dover Heights home listed for $9m-plus
NB: This property has now sold. Read our story here. Receivers have listed Melissa Caddick’s Dover Heights home with $9-$10
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Marprop acquires maiden Adelaide asset
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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Sentinel, Stronghold boost Queensland portfolios
Sentinel has acquired its 10th Townsville asset – an industrial development site at Stuart. The six hectare block within Mendi
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NorthWest strikes Brisbane, Melbourne deals
GIC and NorthWest Healthcare Properties have purchased Kippa-Ring’s Peninsula Hospital from Healthscope. As part of the leaseback deal, the landlords
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Aniko buys Gold Coast block for $1b project
George Mastrocostas’ Aniko Group has snapped up a Mermaid Beach development site with plans for a multi-tower, residential based mixed
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School secures Fishermans Bend office
A warehouse converted office at the eastern end of Fishermans Bend, closest to the Melbourne Convention and Exhibition Centre, has
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Charter Hall lines up another Canberra office
Charter Hall is believed to be making another Canberra play, this time for a Braddon office about to be vacated
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Developer snares Gold Coast timeshare complex
Over a thousand owners of a tired 62-unit Broadbeach timeshare complex have sold the site for $45.0017 million to a
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Centuria, MA partner again for office
Centuria has teamed with MA Financial to acquire a Perth CBD office listed 13 months ago. The buyers will each
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Centennial offloads first Adelaide asset
Centennial Property Group has sold the student accommodation complex which was its first Adelaide investment eight years ago. The University
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Hoppers Crossing bulky goods centre fetches $100m
A Bunnings outlet and Amart store built a decade ago on the site of a Telstra Operations Centre, at Hoppers
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Charter Hall, Doma trade another office
Doma and Kenyon Investments have sold a fully leased Barton office to Charter Hall on a funds through basis. The
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Brookfield divests Carrington St offices
Brookfield has offloaded two small offices just refurbished as part of the $2 billion Brookfield Place project. In the biggest
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Pooled fund allows access to booming non-bank lending market
Supra Capital has launched a pooled fund, offering wholesale investors an alternative option for investing in Australia’s booming non-bank lending
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Sun sets on North Sydney office
Singapore based Sun Venture is continuing to invest outside its home state, purchasing a North Sydney office for c$150 million.
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Conos family list Swanston House
The family of late Greek-Australian restaurateur, Theo Conos, is selling one of its highest profile CBD properties after 38 years.
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Endeavour, Iris snap up regional pubs
Sydney operators swooped on two regional pubs this week. In the priciest deal, Mark Kennedy’s Endeavour Group is outlaying a
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Vantage ventures outside of Victoria
In its maiden deal outside of Victoria, Vantage Property Investments has purchased a warehouse converted office in Brisbane’s inner east
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Malaysian developer doubles down in Melbourne
Gamuda Australia has acquired a St Kilda car rental yard with plans for a major apartment tower. The branch of
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School leases site of Australia’s first RSEA
NECA Education & Careers has leased the Dandenong property which was RSEA Safety’s first store. The school and employment agent
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Collingwood’s newest office complete
RF Corval has opened the Collingwood office it purchased on a funds through basis just before the 2020 lockdown. 71 Gipps Street,
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Developers swoop on Clyde farms
Two low density residential development sites at Clyde have sold to builders familiar with the area. In the biggest deal,
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Coffee roaster expands north
Rosso Coffee has leased the triple fronted North Melbourne warehouse recently vacated by Melbourne Indoor Plants. On Dryburgh Street, which
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Shakespeare invests again in Sydney
Shakespeare Property Group is purchasing Domain House – one of four investment grade freehold offices on Sydney’s Macquarie Street –
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ESR closes out industrial fund with $160m spending spree
ESR Australia has swooped on two land rich industrial portfolios, closing out its Logistics Platform II (EALP II) fund after
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Office occupancy holds firm during end of Omicron wave
Office occupancy numbers have held their ground as the country dealt with the final phase of the latest wave of
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One small step, one giant leap: MPG portfolio hits a billion
MPG Funds Management has boosted the value of its Essential Services Property Trust (MESPT) – until recently known as the
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Central Glen Waverley asset soars at auction
A double storey mixed-use building opposite Glen Waverley station sold at auction last month for $13.335 million – nearly 70
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Ghassan Aboud swoops on Sydney hotel
Ghassan Aboud has added the spectacularly located, unrenovated Sydney Rydges to his local portfolio. The 176 suite hotel at 55
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Council buys Alexandria’s Woolstores
The City of Sydney has swooped on three Alexandria warehouse converted offices, outlaying c$110 million. At 4C-4F Huntley Street, The
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Developer snaps up central Truganina site
An industrial developer has acquired a 2.1 hectare central Truganina site for $15 million. The land is one of the
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Melbourne aged care complexes sell
NorthWest Healthcare Properties is continuing to boost its local portfolio, snapping up one of two retirement homes formerly operated by
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Charter Hall consolidates government to ex-Foxtel HQ
In one of suburban Melbourne’s biggest office lease deals this year, Charter Hall has secured the Department of Agriculture, Water
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Historic Mate’s Centre sold
A Melbourne investor has purchased the Mate’s Centre, at the New South Wales border town of Albury. Developed in 1900
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