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Essential services

Essential services News Victoria 

Australian Unity offers Melbourne medical centre

September 21, 2023February 1, 2024 Marc Pallisco

Australian Unity has listed a modernised medical centre at Melbourne’s north east Lower Templestowe. The six storey, 5000 square metre

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Essential services News Queensland Residential 

Private school outbids developers for site

September 12, 2023September 22, 2023 Marc Pallisco

A private school south west of Brisbane has outbid residential developers for a major low density site abutting a campus.

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Essential services News Residential Victoria 

Calvary lists ex-hospital

September 7, 2023September 9, 2023 Marc Pallisco

Calvary Health Care has listed a Parkdale hospital bought as temporary accommodation while it rebuilt a Caulfield South site as

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Essential services News Office Queensland 

Vital, Centuria sell Gold Coast assets

September 6, 2023September 7, 2023 Marc Pallisco

Dexus has added the first asset to its $1.8 billion Healthcare Property Fund since a capital raising two months ago

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Essential services News Victoria 

Hume Partners buys north west Melbourne childcare centre

August 25, 2023August 28, 2023 Marc Pallisco

Hume Partners has secured a childcare centre near the 127.8 hectare former Defence Explosive Factory, also known as the Maribyrnong

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Essential services New South Wales News Queensland 

Barwon spends $124m on healthcare assets

August 11, 2023August 11, 2023 Marc Pallisco

Barwon Investment Partners has added three east coast assets to its Institutional Healthcare Property Fund (BIHPF), which now pips $1.4

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Essential services New South Wales News Retail 

Sydney developers flip new Wollongong fast food restaurants

August 2, 2023August 2, 2023 Marc Pallisco

Sydney based Isaac Property Developments, led by brothers Ben and John Isaac, sold new Wollongong fast food investments yesterday as

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Essential services News Victoria 

Andrews government outbids developers for prime site

July 20, 2023July 22, 2023 Marc Pallisco

EXCLUSIVE The Suburban Rail Loop Authority has snapped up a prominent eastern suburb medical centre offered for the first time

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Essential services News Victoria 

Jeff Xu seeks childcare operator at Box Hill

July 18, 2023March 20, 2024 Marc Pallisco

Jeff Xu’s Golden Age Group is seeking a pre-commitment for the childcare component of its Sky Square project in Box

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Essential services News Queensland Retail 

Asian investor snares inner city shops, day hospital

July 11, 2023July 12, 2023 Marc Pallisco

A two storey strata titled commercial space beneath the 10 level The Wellington Apartment Hotel, in East Brisbane, has sold

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Essential services News Queensland 

Cancer clinic coming to Noosa Heads

July 7, 2023July 7, 2023 Marc Pallisco

Trident Property Advisory and Cancer Care Associates – a service provider – have swooped on a permit-ready development site opposite

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Essential services Industrial News Victoria 

University snaps up two sites near campuses

July 4, 2023July 8, 2023 Marc Pallisco

Monash University has outlaid about $80 million on sites near campuses. In the biggest deal, the group is spending c$50m,

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Essential services News Victoria 

AU swoops on Melton site for hospital

July 3, 2023July 3, 2023 Marc Pallisco

Australian Unity has snapped up a development site near the $900 million Melton Hospital, due for completion in 2029. The

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Essential services News Victoria 

Scouts complete western suburb growth corridor hall

June 28, 2023June 28, 2023 Marc Pallisco

Scouts Victoria has completed a hall on a western suburb growth corridor site acquired for $350,000 in early 2019. The

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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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Essential services News Queensland 

Aveo lists ex-Tanah Merah Village

June 27, 2023June 27, 2023 Marc Pallisco

Aveo Group, which was deregistered from the ASX in 2019 when it was bought for $1.3 billion by Brookfield Asset

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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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Essential services Hotels News Victoria 

Melbourne Symphony Orchestra quietly secures Arts precinct site

June 16, 2023June 23, 2023 Marc Pallisco

EXCLUSIVE The Melbourne Symphony Orchestra has quietly snapped up a prominent site in the heart of Southbank’s Arts precinct until

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Essential services News Residential Victoria 

Not for profit lists piece of Melbourne school

June 14, 2023June 14, 2023 Marc Pallisco

A former piece of Coburg North’s Mercy College has been listed by the Sisters of Mercy. At 742-748 Sydney Road,

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Essential services News Victoria 

Record price paid for Melbourne childcare centre

June 7, 2023June 16, 2023 Marc Pallisco

HMC Capital – the new name for HomeCo – has found buyers for 10 Melbourne childcare centres listed last month.

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Essential services News Queensland Retail 

Fund managers trade south Brisbane medical centre

June 7, 2023June 7, 2023 Marc Pallisco

Centuria has sold a commercial investment incorporating the prominent Logan Central Medical Centre, in Brisbane’s south, to Properties & Pathways.

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Essential services News Victoria 

Healthcare group leases ready-to-go theatre

June 3, 2023June 3, 2023 Marc Pallisco

Springboard Healthcare Services has leased a day stay hospital at Springvale. The new entity, formed by a group of health

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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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Essential services News Victoria 

Uniting Church sells kindergarten, tennis courts

May 8, 2023May 9, 2023 Marc Pallisco

The Uniting Church has sold two more Melbourne assets – one for less than the highest offer. In the biggest

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Essential services News South Australia 

AU, Dexus invest again in Adelaide healthcare

May 4, 2023May 8, 2023 Marc Pallisco

Australian Unity has snapped up the city’s prominent Newmarket Hotel and adjoining ex-HQ Complex nightclub with plans to develop a

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Essential services New South Wales News Office Queensland 

Centuria banks premium from Sydney, Gold Coast assets

April 24, 2023April 25, 2023 Marc Pallisco

Centuria has sold an historic inner city Sydney office and a Gold Coast childcare centre for a premium to book

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A.C.T. Essential services News 

Canberra Hospital tower tops out

April 4, 2023April 4, 2023 Marc Pallisco

The helipad of a nine level building under construction – the centrepiece of the Canberra Hospital extension – served as

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Essential services News Queensland Retail 

Waterford West medical, retail centre sells again

April 4, 2023April 6, 2023 Marc Pallisco

A Waterford West medical and retail complex has sold to a private investor for the second time in three years.

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Essential services News Retail Victoria 

Designs, details released for $300m Greenline project

April 3, 2023April 5, 2023 Marc Pallisco

The City of Melbourne has released final designs for its four kilometre linear park, Greenline. Set to replace the Yarra

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Essential services News Queensland Residential 

Palaszczuk government buys vacant aged care homes

April 2, 2023April 2, 2023 Marc Pallisco

The Department of Housing and Human Services has snapped up two ex-nursing homes to repurpose for social housing. In the

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Essential services News Queensland 

Green light for redesigned vertical aged care, retirement home

March 31, 2023March 31, 2023 Marc Pallisco

Brisbane City Council has approved an amended plan by Australian Unity to develop a vertical aged care complex with three

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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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Essential services News Victoria 

Ex-Burwood Hill Aged Care home sold

March 26, 2023March 27, 2023 Marc Pallisco

An offshore investor has snapped up Burwood’s former Trinity Manor aged care facility, and standalone dwellings either side of it,

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Essential services New South Wales News 

School secures north west Sydney campus

March 24, 2023March 24, 2023 Marc Pallisco

The Anglican Schools Corporation, for its vocational training arm, which it has been investing more heavily in for over a

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Essential services News Victoria 

Premier opens Australia’s largest ‘continuum of care’ model retirement village

March 16, 2023March 17, 2023 Marc Pallisco

Ryman Healthcare has added a five level apartment complex to the Nellie Melba Retirement Village, in Melbourne’s south east Wheelers

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Essential services News Victoria 

Macedon Ranges aged care home trades to Maiestas Care

March 11, 2023May 8, 2023 Marc Pallisco

The Warrina Aged Care facility in New Gisborne, about 55 kilometres north west of Melbourne, has sold as a going

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Essential services News Office Victoria 

Ashmark doubles down in Port Melbourne

March 10, 2023March 12, 2023 Marc Pallisco

Education group Ashmark Investments has snapped up a Port Melbourne showroom abutting another it bought just before the national COVID

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Essential services Hotels Land News Office Retail Victoria 

Cushman & Wakefield establish Victorian investment sales team Melbco

March 8, 2023March 9, 2023 Marc Pallisco

The fourth quarter of the calendar year is traditionally the busiest for commercial real estate staff changes but few could

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Essential services News Residential Victoria 

Council snares $18m apartment site for park

February 21, 2023February 25, 2023 Marc Pallisco

EXCLUSIVE Merri-bek City Council has quietly snapped up a prominent inner north Melbourne site until recently earmarked for a major

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Essential services New South Wales News Office 

AU sells office, lists hospital

February 20, 2023February 21, 2023 Marc Pallisco

Australian Unity, on behalf of the Office Fund (AOF), has sold its second Macquarie Park office in three months. The

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Essential services News Queensland Victoria 

Ex-Lanzer surgeries for lease

February 18, 2023February 18, 2023 Marc Pallisco

Two day hospitals owned and once occupied by retired ‘celebrity’ cosmetic surgeon Daniel Lanzer are for lease. The biggest property,

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Essential services News Victoria 

Suleman offers new medical centre for lease

February 14, 2023February 14, 2023 Marc Pallisco

Local developer and investor Suleman Group, led by Sam Suleman, has completed a medical centre in the heart of Melbourne’s

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Essential services News Office Victoria 

Barwon Health leases office for research facility

February 2, 2023February 3, 2023 Marc Pallisco

Barwon Health has leased a chunk of the Geelong Private Medical Centre at 73-79 Little Ryrie Street. The essential services

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Essential services News Office Residential Victoria 

Riverlee approved to develop $2b Epping village

February 1, 2023February 2, 2023 Marc Pallisco

Nearly two years since turning the first sod at its New Epping project – for 151 affordable and social housing units

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Essential services News Queensland Retail 

Theatre companies trade iconic playhouse

February 1, 2023February 1, 2023 Marc Pallisco

Dan and Fiona Kennedy’s Ad Astra has picked up Petrie Terrace’s Brisbane Arts Theatre from the association which built it

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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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Essential services News Office Victoria 

Another school buys city fringe building to occupy

January 31, 2023January 31, 2023 Marc Pallisco

The pair behind the Southern Cross Education Institute has purchased a three storey West Melbourne home/office to repurpose for training.

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Essential services New South Wales News 

Aged care group snares permit-ready Carlingford site

February 3, 2023February 6, 2023 Marc Pallisco

A Melbourne based healthcare group has snapped up a permit-ready aged care site at Carlingford, north west of Sydney. The

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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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A.C.T. Essential services News 

Ice hockey stadium set for Greenway

January 19, 2023January 19, 2023 Marc Pallisco

The ACT government will contribute $16 million to construct a 3600 seat stadium (artist’s impression, top) set to house the

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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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Essential services News Victoria 

Green light for Ryman’s Moondah redevelopment

January 4, 2023January 5, 2023 Marc Pallisco

The Victorian Civil and Administrative Tribunal has granted Ryman Healthcare permission to redevelop Mount Eliza’s landmark Moondah estate as a

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Essential services News Victoria 

AU buys Alphington site for hospital

December 30, 2022January 6, 2023 Marc Pallisco

EXCLUSIVE Australian Unity has purchased a prominent Alphington ex-nursing home for an 85-bed acute care hospital it has pre-leased to

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Essential services News South Australia 

AU bolsters SA aged care presence with $220m deal

December 13, 2022December 14, 2022 Marc Pallisco

Australian Unity’s flagship Healthcare Property Trust (AUHPT) has snapped up nine South Australian aged care investments with a 20 year

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Essential services News Victoria 

Council buys ex-secondary school for park

December 10, 2022December 10, 2022 Marc Pallisco

Yarra Ranges Shire has concluded the purchase of Kilsyth’s former Pembroke Secondary College Cambridge campus from the Department of Treasury

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Essential services New South Wales News Queensland Western Australia 

Healius sells Montserrat Day Hospitals

December 9, 2022November 8, 2025 Marc Pallisco

Healthcare provider Healius is selling its Montserrat Medical Services business – which includes the management of eight hospitals and three

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Essential services News Retail Victoria 

Medical group buys vacant Seaford bank

December 5, 2022December 5, 2022 Marc Pallisco

ONA Medical has picked up a recently vacated Westpac branch, at Seaford, to occupy. The standalone building on 892 square

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Essential services News Victoria 

Local outbids townies for Geelong medical centre

November 26, 2022November 26, 2022 Marc Pallisco

A Geelong investor acquired a local essential services asset at auction last Friday, outbidding four Melburnians. The South Barwon Medical

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Essential services News Victoria 

Summerset makes it seven in Australia

November 16, 2022November 17, 2022 Marc Pallisco

Summerset Group Holdings has snapped up its seventh Australian property, at Drysdale, east of Geelong, for a speculated $35 million.

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Essential services New South Wales News Queensland 

HealthCo seals Mater partnership, buys properties

November 15, 2022November 15, 2022 Marc Pallisco

HealthCo has formed a partnership with not-for-profit private hospital operator Mater and struck three property deals. In Brisbane, Mater has

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A.C.T. Essential services News South Australia Victoria 

AU spends on essential services investments

November 8, 2022November 8, 2022 Marc Pallisco

Australian Unity has scooped up a swag of small essential services investments. For its Speciality Disability Accommodation Fund, the group

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Essential services News Office Victoria 

BRC snares prime Arden block for healthcare project

November 4, 2022November 5, 2022 Marc Pallisco

BRC Capital has snapped up a prominent corner site within the Arden urban renewal precinct, to develop a medical centre

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Essential services News Victoria 

Ryman’s Mulgrave project approved

October 29, 2022November 1, 2022 Marc Pallisco

Ryman Healthcare has been given the green light to develop a $200 million retirement village on Mulgrave’s ex-c1963 St Mary’s

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Essential services Industrial National News Office Residential 

GRESB rates Australian fund managers for ESG

October 18, 2022October 19, 2022 Marc Pallisco

The independent organisation which issues Environmental, Social and Governance rating, the Global Real Estate Sustainability Benchmark, or GRESB, has awarded

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Essential services News Queensland 

New Brisbane medical centre fetches $8.1m

October 14, 2022October 15, 2022 Marc Pallisco

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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Essential services News Victoria 

Centuria turns sod for Kew hospital

October 5, 2022October 5, 2022 Marc Pallisco

Centuria Capital Group executives yesterday attended a sod cutting ceremony for a four storey hospital on the site of the

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Essential services News Spotlight 

Continuum of care model needed: Ryman Healthcare

October 3, 2022October 3, 2022 Ryman Healthcare

The Royal Commission into Aged Care Quality and Safety confirmed Australia’s aged care industry is not fit for purpose. The

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Essential services News Residential Victoria 

Balwyn’s landmark The Connault for sale

September 30, 2022October 8, 2022 Marc Pallisco

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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Essential services News Retail Victoria 

Slice of ex-Eastern Golf Course for sale

September 27, 2022September 27, 2022 Marc Pallisco

Next Generation has listed a country club style investment, in Doncaster, with a 15 year leaseback. Built in and around

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Essential services News Queensland Victoria 

NorthWest strikes Brisbane, Melbourne deals

September 25, 2022September 26, 2022 Marc Pallisco

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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Essential services N.T. News Office South Australia Victoria 

One small step, one giant leap: MPG portfolio hits a billion

September 7, 2022September 7, 2022 Marc Pallisco

MPG Funds Management has boosted the value of its Essential Services Property Trust (MESPT) – until recently known as the

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Essential services News Victoria 

Melbourne aged care complexes sell

September 2, 2022September 6, 2022 Marc Pallisco

NorthWest Healthcare Properties is continuing to boost its local portfolio, snapping up one of two retirement homes formerly operated by

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Essential services New South Wales News 

University of Sydney announces biomedical precinct

August 29, 2022September 2, 2022 Marc Pallisco

The University of Sydney will develop a $478 million healthcare building utilising $73m in private donations, including from the Susan

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Essential services News Victoria 

Bombers buy permit-ready medical centre

August 24, 2022August 24, 2022 Marc Pallisco

The Essendon Football Club, which had its chief executive officer Xavier Campbell resign today, has purchased a permit-ready medical centre

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Essential services News Victoria 

Aged care group acquires Ringwood block

August 18, 2022August 18, 2022 Marc Pallisco

The Knowles family’s Arcare has paid $7.5 million for a General Residential zoned site opposite Ringwood Public Golf Course. The

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Essential services News Victoria 

AU corners gateway Geelong medical centre

August 5, 2022August 5, 2022 Marc Pallisco

A fully leased Corio medical centre neighbouring four vacant dwellings offering immediate development upside, has been snapped up by Australian

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Essential services News Victoria 

Ryman names village after Bert Newton

August 3, 2022August 5, 2022 Marc Pallisco

Ryman Healthcare has named a retirement village and aged care complex under construction at Highett after late entertainer Bert Newton.

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Essential services News Victoria 

Hillbrook breaks ground on small disability accommodation complex

August 3, 2022September 30, 2022 Marc Pallisco

Hillbrook Projects has started constructing a small specialist disability accommodation complex, Arche, in central Werribee. The single storey, three bedroom

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Essential services News Queensland 

Wentworth offloads childcare centre, swim school

July 29, 2022July 29, 2022 Marc Pallisco

A childcare centre and swim school investment at Rothwell, north of Brisbane, has sold to a local for $6.975 million,

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Essential services New South Wales News 

Blacktown seniors living project approved

July 22, 2022July 22, 2022 Marc Pallisco

Workers Lifestyle Group, formerly the Blacktown Workers Club Group, has won approval for a seniors living project with an end

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