QIC sheds Adelaide investment
QIC is selling a major north Adelaide industrial investment after nearly a decade. The 4.57 hectare asset, 281-301 Grand Junction
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Sectors
Centuria takes over $444m agriculture fund
Centuria Capital Group has bought Arrow Funds Management, the responsible entity behind the unlisted Arrow Primary Infrastructure Fund. The off-market
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Asset managers trade $182m homemaker centre
Growthpoint and Blackrock APAC Real Estate have sold a lower north shore homemaker centre after seven years. The asset managers
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Amart founder sells triple supermarket anchored mall
Charter Hall has bought another triple supermarket anchored shopping centre, this time on the Gold Coast. Southport Park Shopping Centre
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Home owners unite, sell to developer
Twelve Rose Bay home owners will each bank over $15 million after banding with neighbours and selling to a developer,
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Developer doubles money on Sunshine Coast block
Henzell Property has sold a waterfront Sunshine Coast development site after four and a half years. The local builder has
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Revelop secures lower north shore mall
Revelop has bought the retail component of a residential-based mixed use project, on Sydney’s lower north shore. Mall 88, completed two
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UniLodge sold to Japan’s Samty
Samty Holdings has agreed to buy a majority stake in UniLodge from Pamoja Capital. The deal, speculated to be worth
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Singapore developer sells boarding house
Singapore’s Unitas Premier has sold The Barker Residence student apartment complex (pictured, top), opposite the University of Sydney’s main campus.
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James Packer, Chapter buy another blue ribbon site
James Packer’s NPACT with Chapter Group have unveiled plans for an outgoing ULR Range Rover and Jaguar car dealership in
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Developer buys mansion dubbed Brighton Town Hall
Lowe Living has swooped on the imposing mansion dubbed Brighton Town Hall. The 3200 square metre holding at 2 Kinane
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Mortgagee sells another Lion project
A mortgagee has sold another incomplete Lion Development Group project – this time in Melbourne’s south east. With six townhouses,
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Historic South Yarra hairdresser trades for $6.2m
The historic building South Yarra building occupied 20 years by the Joey Scandizzo Salon sold at auction yesterday. The $6.151
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Major Hobart CBD office sold
A state government and ANZ bank backed office with development upside has traded in Hobart’s CBD. The 3076 square metre
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Melbourne QSR asset collects $14m
A new quick service retail investment in south east Melbourne has sold for $14 million – a 5.61 per cent
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Southern Highlands IGA sold off-market
The Moss Vale IGA, part of which is fit out with an Australia Post, has sold off-market. At 11-13 Clarence
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Developer buys part-complete Perth project
Griffin Group has swooped on a Como development site – part with foundations laid or 10 townhouses. The 4252 square
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GPT fills more of CBD office under construction
The GPT Group has filled more of the two tower 51 Flinders Lane office complex, under construction in Melbourne’s CBD.
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Lendlease sells Australia Post distribution centre
Lendlease has quietly sold a north Adelaide industrial investment. The 2.3 hectare Australia Post distribution centre, 3-9 Birralee Road, Regency
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Plastic surgeon institute buys base
The Melbourne Institute of Plastic Surgery has bought four strata offices forming the ground floor of an Abbotsford apartment complex,
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Southern hemisphere’s largest hydroponic glasshouse sold
Centuria has significantly boosted the value of its agriculture fund following a $168 million off-market deal for the southern hemisphere’s
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Government banks $7.7m from industrial site
Renewal SA has sold another north Adelaide industrial development site. The 2.9 hectare parcel, Lot 502, or 6, Gidgie Court,
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Mapletree fills chunk of ex-Coles distribution centre
Mapletree has filled the bulk of the ex-Coles Forest Lake Distribution Centre, which it bought for $102 million in 2018
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Melbourne childcare centre fetches $10m
Sydney based asset manager Rethink Investing has swooped on a south east Melbourne childcare centre leased until 2065 with options.
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Logistics group leases 41,000 sqm warehouse
Icehouse Logistics Group, or IHL, has committed to one of the larger buildings at Fraser Property Industrial’s 112 hectare Eastern
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Council sells ex-golf course
The City of Moreton Bay has sold the Albany Links Golf Course, which closed in 2019. The 7.95 hectare U-shaped
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Tavner family sell Doors Plus portfolio with leasebacks
The Tavner family has sold 12 Doors Plus outlets with leasebacks. The c$30 million deal comes six months since the
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University leases office for campus
Monash University will relocate the School of Public Health and Preventative Medicine between Melbourne offices. The group has signed a
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Drake family buys mall from landlord
The owners of independent supermarket chain Drakes have bought Gympie Marketplace from the landlord. The 7888 square metre complex, with
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Chemist Warehouse executives buy another investment
National Retail Group – an affiliated families office established and backed by Chemist Warehouse executives – has bought another commercial
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Woolworths secures Melbourne town centre site
Woolworths has quietly picked up the retail stake in a proposed Melbourne growth corridor mixed use project. Via development arm
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Operator beats developers for beloved Melbourne nursery
EXCLUSIVE Business owners have beaten developers to another infill Melbourne nursery – this time at Warrandyte. The Beasley family offered
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ESR banks $26.5m from industrial investment
ESR Group has quietly sold neighbouring modernised warehouses in Melbourne’s south east to an occupier. The asset manager banked $26.5
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Billionaires lease entire new Melbourne office
INT.RE – the name since last year for Icon Developments – with Kajima Group and Zagame Property has secured a
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Occupier pays $26m for west Sydney warehouse
A local owner occupier has outlaid $26.1 million for a west Sydney industrial property tenanted until June. The price for
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Ex-Sydney Football Club director buys $33m office
Six months after selling Surfers Paradise’s Cavill Lane retail and entertainment complex, Phil Wolanski has bought an inner city Sydney
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Not for profits trade vacant Melbourne site
The Salvation Army has sold a large standalone warehouse until recently occupied as a store, in Melbourne’s south east. Another
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Developer buys apartment block for emergency housing
The philanthropic arm of Dubai based development giant Arada has paid $3.4 million for a south west Sydney apartment block
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Chemist Warehouse co-founder spends $80m on neighbouring knockdowns
Chemist Warehouse co-founder, Jack Gance, and his wife, Evelynne, have bought neighbouring knockdowns in one of Melbourne’s most exclusive streets.
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KordaMentha sells sprawling Adelaide office
KordaMentha Funds Management has sold one of two modern offices bought from Growthpoint in 2019 for a fund. The asset
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Operators trade $77m Sydney hotel
Marcello Colosimo has sold a sprawling Sydney pub bought in early 2022 as a restaurant and converted. Marlow Hotel Group,
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Coles backed pub, bottle shop fetches $20.5m
An inner city Adelaide hotel investment has sold for $20.5 million following a renovation. Also with a Liquorland bottle shop,
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Asset managers flip Adelaide mall
Greenpool Capital and Qualitas have sold one of two shopping centres co-purchased in 2021, in Adelaide. Local construction boss Richard
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Greystar profits from industrial on sale
Greystar has sold one of three industrial properties bought in 2022 from Brisbane construction boss Brett Walker. The US investment
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Ex-Sydney Kings HQ leased to club founder’s son
Founder of basketball jersey, footwear and apparel retailer Throwback, Michael Lazaris, has leased a major piece of a heritage listed
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Council pays $17m for adjoining offices
Burwood Council has bought two neighbouring vacant west Sydney offices from UniSuper, which inherited them merging in 2022 with Catholic
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Laundy family sell West Gosford pub after a decade
The Laundy family has more than tripled its outlay selling West Gosford’s Settler’s Tavern after a decade. The buyer, Damian
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Apartment developer buys South Brisbane site
Sherpa Group has paid $14.9 million for a South Brisbane site. The Gold Coast based developer has already lodged plans
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Bank of Queensland shifts HQ back to town
The Bank of Queensland, which also controls the Virgin Money brand, will move headquarters to the CBD after 10 years
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Castle adds another Melbourne pub to book
The five year old Mona Castle Group, previously known as Castle Group Hospitality, has added another inner city pub to
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Developer snares Northern Beaches block following policy change
Inca Property Group has swooped on a Mona Vale apartment block recently approved for a higher density project. Offered as
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Chris Lucas flips historic building after a year
Chris Lucas has quietly sold the city’s historic Maria George Building. The restaurateur only bought 179-181 Flinders Lane mid-last year,
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Time & Place snare prominent inner-city site
Time & Place has snapped up a prominent inner city Melbourne office/warehouse for a new arm. The asset manager and
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Centennial sells Melbourne distribution centre after three years
Centennial has sold a south east Melbourne distribution centre acquired three years ago with a leaseback. Now vacant, 20-50 Waterview
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Receiver sells another APH asset
Receivers for Australian Property Holdings, which collapsed late last year, have sold a sprawling office in Melbourne’s east. The 2314
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Hale secures Brisbane, Sydney industrial investments
Hale is buying two more industrial investments. In the biggest deal, the asset manager and developer is in due diligence
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School flips historic homestead after slicing yard
The exclusive Brisbane Boys’ College has sold the historic Goldicott House after slicing off a 6629 square metre chunk to
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Farm bought for $167,000 sold to developer for $70m
A syndicate has bought an enormous Melbourne farm with plans for a data centre. The 21 hectare site, 185 Brookville
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HMC sells Sydney Bunnings after five years
HMC Capital is selling a Bunnings investment acquired five years ago from the Canberra Raiders. The asset manager will finish
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Mirvac sells site of flooded shopping centre
Mirvac has sold the site of the Toombul Shopping Centre, damaged in the 2022 floods and never reopened. The asset
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Cadence, CapitaLand trade $102m distribution centre
EXCLUSIVE CapitaLand Ascendas REIT has quietly sold a major Brisbane industrial investment held a decade. Charlie Buxton’s Cadence Property Group
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Charter Hall eyes Bing Lee distribution centre, store
Charter Hall is believed to be in due diligence for a distribution centre and large format retail complex offered by
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Hometown sells Shoalhaven caravan park
The local arm of US based all age communities operator, Hometown, has sold a Shoalhaven region caravan park picked up
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Interstate investor swoops on Melbourne warehouses
An interstate investor has picked up a Melbourne industrial asset with two tenants on new five year leases with options.
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Mansion dubbed Brighton Town Hall for sale
The imposing four storey mansion dubbed Brighton Town Hall by locals is for sale again. Goldman Sachs co-head of Investment
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Occupiers trade $18m strata office
CareSuper has banked $17.8 million for the bulk of a five storey inner-city Melbourne building. The vendor seized control of
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Exceed reweighs portfolio
Exceed Capital has sold its first investment – a retail centre bought in 2017, in Brisbane’s outer south east. The
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Cromwell buys into Straits industrial portfolio
ASX listed Cromwell has bought a 19.9 per cent stake in Straits Real Estate’s Australian industrial portfolio. The $47.6 million
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Queensland Quest trades for $14.2m
Another Quest backed investment has sold, this time at Ipswich. The 4-star serviced apartment complex at 57-63 Warwick Road was
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Gorman leases neighbouring Melbourne store
Gorman has leased a store next to two it occupies in Melbourne’s Swanston Street. It has also reset a lease
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Agent turned asset manager buys west Sydney warehouse
Real estate agency owner turned asset manager, Marcel Elias, has bought a high-profile Eastern Creek office/warehouse for a mandate. The
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Unikorn buys retail, childcare investment
Unikorn Capital has bought a Central Coast retail and childcare centre investment. North Wyong Village, with an IGA, six specialty
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Singapore group buys, rebrands Brisbane hotel
The Jaleel family’s JD Property has bought its fourth Australian hotel – outlaying $34 million. The 4-star George Williams in
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New South Coast retail investment fetches $17m
A new South Coast convenience retail investment offered in three parts, sold to one investor. The Nowra complex (pictured, top),
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Gordon Corp sells Morayfield Village
Gordon Corp has sold a Moreton Bay large format retail complex bought five years ago from Kaufland. The Gold Coast
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Inner city Adelaide motel fetches $12.4m
A contemporary motel investment in Adelaide’s inner south east has sold on a second attempt. The Osmond Motel at 232
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Stu Horner buys Lismore pub, bottle shop
A fortnight since selling an interest in Rockhampton’s Gracemere Hotel, Stuart Horner has bought Lismore’s Goonellabah Tavern, commonly known as
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Council sells newly formed block
Brisbane City Council has sold a block of land created from a Moggill Road realignment, at Indooroopilly. The 4637 square
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Not for profit banks $24m from site
The Endeavour Foundation has sold a Toowoomba estate bequeathed to it. The 8.55 hectare rectangle shaped holding, 542-558 Hume Street,
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Two Guardian childcare centres for sale
Two Melbourne Guardian childcare centres have hit the market – weeks after three Goodstart backed assets in Queensland traded on
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