Woolworths sells apartment development site
Mosaic Property Group has bought an inner city Brisbane site permit-ready for a 16 level, residential based mixed-use project. Woolworths’
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Sectors
Texan alternatives giant backs industrial
Growthpoint will deliver a special distribution while reducing it gearing following the sale of an 80 per cent stake in
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Dexus, Marquette to repurpose office tower at last
Marquette Properties has called in Dexus to almost fully fund – and pay for a repurpose – of a Brisbane
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Growthpoint moves more industrial off books
Growthpoint has quietly sold its 15.1 per cent holding in the Dexus Industria REIT (DXI). The $131.7 million deal –
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AFIAA lists unique Flinders Street office
AFIAA has listed another mid-size, west-end CBD office for sale. Also unique – being on the south side of Flinders
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Collins Street office sold for second time in four years
The historic Collins Street local headquarters for online giant Alibaba has sold for the second time in four years. About
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Stake in landmark mall sells for discount
Vicinity Centres is on track to divesting some $250 million in assets this financial year, starting with a half-stake in
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Australia’s largest home builder quietly sold
Japanese giant Sumitomo Forestry Group will become Australia’s biggest residential builder after quietly making the major business play for Metricon
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Brisbane convenience retail deal suffers two hits
A small suburban Brisbane convenience retail investment has sold for a $50,000 drop on what it cost six years ago. The
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Legal precinct building fetches $6.9m
The former PRD House, in Melbourne’s Legal precinct, has sold to a local investor. The six storey 978 square metre
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Luxury car dealer outbids developers for inner-city site
Luxury car dealer Srecko Lorbek has snapped up a prominent inner-city site for a showroom. The recently vacated Beaurepaires at
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Jinding adds more rural sites to book
Two months after acquiring Warden Park, in Broadford, Jinding has added three more regional sites to its book – spending
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Newsreader lists Southern Tablelands farm
Channel Seven newsreader Mark Ferguson has listed a Southern Tablelands sheep and cattle station after a decade. Hazeldean at Crookwell
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Cremorne deal defies downturn
A deal between occupiers this week points to Commercial 2 zoned office values in uber-trendy Cremorne holding out against a
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Acure fund makes maiden NSW investment
Acure Asset Management has added another Quest to a hospitality fund launched last year. The 4.5 star motel at Dubbo
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Regis drops $103.5m on aged care villages
Two of the state’s bigger aged care accommodation providers have traded two Mornington Peninsula investments. The Village Glen Capel Sound,
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Myer family list trophy Melbourne estate
The Myer family has made the surprise decision to part with one of the city’s most significant estates. Cranlana, on
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Offshore investor snaps up trophy ex-bank
A Singaporean investor outbid five suitors at auction this week for one of inner-city Melbourne’s most distinctive strip retail buildings.
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Supercars Championship owner sells east Melbourne asset
Supercars Championship and Tickford Racing owner Rod Nash has offloaded an outer east Melbourne office and industrial investment – permit
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AU lists Melbourne council office turned medical centre
Australian Unity is selling one of its most secure yet under-utilised assets – a former council office turned medical centre
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Food processing plant fetches $32m for Nufarm
Nufarm – established by Max Fremder in 1956 absorbing another name, The New Zealand Farmers Fertiliser Company Limited, formed in
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Stephen Silvagni sells hotel on second attempt
A consortium including ex-AFL player Stephen Silvagni has sold an 86 year old inner-city pub on its second attempt. The
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School swoops on adjoining offices
EXCLUSIVE The Al Noori Muslim School has snapped up two adjoining suburban Sydney offices – only one which was being
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Virtical accepts major discount for pub
Virtical has offloaded a Sydney CBD pub for a major loss on its outlay 13 months ago. Until recently directed
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Greek club takes hit on Melbourne office sale
The Hellenic Club of Canberra is reweighing its commercial property portfolio, three months after acquiring a major ACT site on
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Growthpoint, ISPT trading renovated Canberra office
Growthpoint is buying a Canberra office for a single asset trust calling on investors. Developed in 1986, refurbished in 2022
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PTA buys another site
Three weeks after acquiring a Bayswater site for its electric bus fleet, the Public Transport Authority of Western Australia has
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Fugitive developer site sold for $80m
A major north west Sydney site until recently controlled by fugitive developer Jean Nassif’s Toplace has been sold by an
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ESR sells stake in $3.2b industrial fund
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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Sivasli buys second regional Victorian school
EXCLUSIVE Sivasli has swooped on another Victorian ex-school with plans for a medium density housing estate. The 7.3 hectare Corio
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