Church makes tactical $55m Central Coast warehouse play
The Seventh-Day Adventist Church has outlaid $55 million for a 6.5 hectare Central Coast industrial asset behind the manufacturing plant
Read more
Industrial
Metals giant outlays $88m in Pinkenba
Sentinel Property Group has banked $88 million – a significant capital gain on the $48.5m it outlaid in October, 2017
Read more
Goodman secures another Alexandria site
Goodman Group has purchased another Alexandria bulky goods complex from Greg Karedis and Peter Cortis-Jones’ Arkadia. The 3.438 hectare Alexandria
Read more
MAB snares 45ha Melbourne employment site
MAB Corporation has snapped up three adjoining Thompsons Road, Cranbourne East, sites with plans for a $400 million logistics park.
Read more
Charter Hall expands Minto holding again
Charter Hall, on behalf of the Prime Industrial Fund, has quietly purchased another holding on Minto’s Airds Road. The 1.34
Read more
Kumho doubles down in Sydney
Kumho Tyres will more than double the size of its Sydney distribution centre and storage facility, with the pre-commitment of
Read more
Nolan consolidates to Dandenong South HQ
Nolan Group will consolidate several south east locations, including its Dingley Village headquarters, to a Dandenong South office/warehouse (artist’s impression,
Read more
Endeavour, Warakirri acquire Tasmanian vineyard, business
The recently listed Endeavour Group has teamed with Warakirri Asset Management to acquire the real estate and business of Tasmanian
Read more
Burson leases Preston showroom
Burson Auto Parts has leased a modern Preston office/industrial building for a store. The Bapcor brand is paying starting annual
Read more
Government buys West End site for Olympic broadcast centre
The state government has snapped up a prominent waterfront West End industrial site with plans to convert it to the
Read more
Silk expands in Melbourne’s west
Silk Contracts Logistics has rented a second west Melbourne warehouse from Frasers Property Industrial. The 12,726 square metre facility, under
Read more
Hines enters Australian industrial sector with $211.5m portfolio
Hines has entered the Australian industrial sector snaring four east coast investments, some with development upside, from fund manager Pipeclay
Read more
Coombes acquires maiden industrial asset
After investing in cinemas, offices, shops, residential and land, Coombes Property Group has acquired its first industrial asset, opposite Sydney
Read more
RMA leases Mickleham warehouse
Dexus is the latest landlord to be rewarded for building a large warehouse on a speculative basis, securing a lease
Read more
Centennial outlays $24m on Brisbane warehouses
Centennial has outlaid $23.7 million for two more Brisbane industrial investments. At Pinkenba, near Brisbane Airport, the fund manager and
Read more
BlackRock, NashCap JV outlay $120m for Sydney industrial park
Urban Logistics Co, a joint venture between BlackRock Real Estate Assets and NashCap, has paid $120 million for the Kirby
Read more
Assembly snaps up two more Melbourne industrial investments
Lowy family backed Assembly Funds Management and Cadence Property Group have snared two more Melbourne industrial investments for the Assembly
Read more
Maribyrnong warehouses earn $20m from developer
Another industrial property around the Highpoint Shopping Centre will make way for a major apartment complex, after selling to a
Read more
Federal Budget 2022-23: how will it affect Australia’s key property sectors?
This is an excerpt of a Colliers Research report republished with permission. To download the full document, follow this link.
Read more
Spotswood coach depot trades at 1.99pc yield
A Spotswood coach depot once owned by AAT Kings Tours has sold for $6.4 million reflecting a low 1.99 per
Read more
DHL snaps up Western Sydney Aerotropolis site
DHL is paying fund manager Roberts Jones over $140 million for a 24 hectare industrial development site abutting the Western
Read more
Prestons warehouse trades at record low 3.35pc yield
A warehouse under construction at Prestons has sold to Pittwater Industrial for $58.255 million reflecting a record low yield for
Read more
Early Settler, CEVA pre-commit to major Melbourne warehouses
Two major south east Melbourne industrial pre-commitments have been signed this month. In the biggest deal, Early Settler will occupy
Read more
Consortium swoops on Kensington’s Younghusband site
ASX-listed Irongate Group, local construction firm Built and Canada’s Ivanhoé Cambridge are paying $60 million for Kensington’s Younghusband site. The
Read more
Sector continues push into industrial land market at Altona
Sector Property Group is continuing to push into industrial land subdivision, launching its second major project this month. HQ Altona,
Read more
Macquarie snares full control of Cubbie Station
China based textile group Shandong Ruyi has exited the landmark Cubbie Station near Dirranbandi – selling its 51 per cent
Read more
Amazon chooses Melbourne for first Australian sort centre
Amazon will open its first Australian sort centre at Goodman Group’s Amaroo Business Park, in Craigieburn. The 15,600 square metre
Read more
Winning Group commits to $200m industrial estate
Winning Group is the first tenant to pre-commit to a Wacol industrial estate being delivered by LOGOS, KKR and Mubadala
Read more
Andrew Forrest spends $70m on East Kimberley cattle stations
Andrew and Nicola Forrest, via their diversified agribusiness, Harvest Road, have picked up a portfolio of East Kimberley cattle stations.
Read more
Bob Ell banks major capital gain at Milperra
Bob Ell’s Leda Holdings has banked a substantial capital gain from an older-style Milperra industrial investment held for four years.
Read more