Fortis buys Collins Street office from receiver
Fortis has made its maiden Melbourne CBD play, picking up an office listed last month by Suleman Group receiver KordaMentha.
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Office
Growthpoint sells Petrie Terrace’s The Barracks
Growthpoint has sold Petrie Terrace’s The Barracks mixed use complex, picked up with its takeover of Fortius Funds Management three
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Trophy warehouse converted office for sale, Melbourne
A warehouse converted office, developed in the late 1880s for bootmaker Charles Trescowthick, who employed more than 250 people, is
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ISPT sells Parramatta office
ISPT has sold a modern Parramatta office with a 28 per cent vacancy. The Barrington at 10 Smith Street is
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Tollman family sell lakeside Melbourne office
South Africa’s Tollman family has sold an office held 14 years opposite Albert Park Lake. The six storey, 1700 square
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Forza flips ex-Salvation Army HQ after revamp
EXCLUSIVE Forza Capital has sold a prominent east Melbourne office after 16 months. The Liechtenstein based Hilti Family Office is
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Diagnostic imaging clinic portfolio fetches $18.6m
Three PRP Diagnostic Imaging backed investments sold at auction yesterday. The priciest, in Hornsby, west of Sydney (pictured, top), traded
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BYD chooses suburban office for HQ
BYD has signed a large suburban office lease deal, at Mulgrave. The China based car maker will occupy a full
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Near new medical centre collects $20m
A year old medical centre beside Blacktown Hospital and Sydney University School of Medicine sold on a sub five per
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Trustee sells Surry Hills office, shop, car parks
Aspen Group paid $8.01 million at auction this week for a strata titled office and shop and a dozen car
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Asset managers trade life sciences facility
Australian Unity has sold a Lower North Shore medical technology, logistics and life sciences facility after 12 years. The three
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Ex-Village Bardon site sold, leased
Pradella has sold a commercial asset until recently known as Village Bardon. The vacant property, 63-65 MacGregor Terrace, Bardon, will
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West Sydney office sells for $7m
An Auburn investment with six office suites over two shops sold for $7 million The result for 3-5 Station Road
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Dementia Australia, MS list major Melbourne sites
Two not for profits listed major Melbourne assets this week. In Hawthorn, Dementia Australia is offering three historic mansions covering
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Government sells north west Sydney site
Sydney Metro has sold a development site beside Tallawong station. The government is banking a speculated $27 million from the
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Kooyong Lawn Tennis Club buys Vision Australia HQ to expand
Postscript: in December, it will be announced this deal isn’t proceeding. Details here. The Kooyong Lawn Tennis Club has quietly
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Servcorp leases penthouse Sydney office
Servcorp has leased the penthouse floor of Parkline Place – Midtown Sydney’s first office in nearly a decade. The co-work
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Peter Spargo lists final piece of mixed use project
Peter Spargo has listed the final piece of a mixed use commercial project in Melbourne’s north. Mickleham Medical, completed last
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Occupier drops $1.6m for showroom, office
A triple storey inner east Melbourne office/showroom has sold for $1.6 million. The Victoria Street, Abbotsford, property, was offered by
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Asset managers trade Melbourne office
AEW has sold its maiden Melbourne investment after six years. The Boston based asset manager is banking just over $170
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Barings buys office, warehouses worth c$425m
Barings is speculated to be spending c$425 million on an A-grade office leasehold and two distribution centres. In the biggest
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Public Transport Authority buys office from landlord
The Public Transport Authority of Western Australia has bought a Perth CBD office from the landlord. The former Sunday Times
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Deluca sells piece of Berrinba Central
Deluca Corporation has sold a two year old office and essential services asset, part of Berrinba Central, in Brisbane’s Logan
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Barwon divests medical-office
Barwon Investment Partners has sold a medical-office asset after four years. The Red Cross headquarters – Humanity Place – at
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Falcon receivers take major hit on Richmond site sale
EXCLUSIVE A receiver for Falcon Capital has sold a major Richmond development site for about $13 million – some $5.4m
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Asset managers trade Sydney business park
Wentworth Capital has added a major investment to an opportunity fund launched last September. The asset manager is paying $152.1
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Infection specialist doubles down at Macquarie Park
Nanosonics – which turns 25 this year – has signed the biggest Macquarie Park lease deal since 2023. The group,
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Designer drops $10m for HQ, showroom
Austrian wine glass designer, Riedel, has quietly purchased a prominent North Sydney building, outlaying $10.3 million. At 1 West Street,
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Solomon Lew buys major office from landlord
Solomon Lew has snapped up a St Kilda Road office with development upside on a double block abutting Fawkner Park,
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Asset managers trade two Victorian healthcare centres
Westbridge Funds Management has seeded a healthcare trust with two Victorian investments worth $22.5 million. The pricier property – the
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Union sells Carlton HQ
The Australian Services Union has sold its Carlton headquarters of 36 years. The three level office on 1026 square metres
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Not for profit, SC Capital find Parramatta tenants
Vision Australia has found a tenant to let its former Enfield Centre at Parramatta. Another not-for-profit, Life Without Barriers, will
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ASX listed car dealer buys Southport amalgamation
Motor industry interests snapped up separate Gold Coast properties this month. In the biggest deal, ASX listed Autosports Group Limited
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Avive chooses site for maiden SA hospital
Australia’s only psychiatrist owned and operated mental health group, Avive Health, has pre-committed to a 60 bed private hospital –
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Family offices trade Chapel Street ‘huts site’
Family offices have traded South Yarra’s ‘Chapel Lane huts’ site, actually in Chapel Street, permit ready for a seven level
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Desane strikes sale, lease deals at Lane Cove West
Desane Group Holdings has leased and sold near neighbouring office/warehouses in the Lane Cove West industrial estate. The group is banking
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Barwon divests regional medical centre
Barwon Investment Partners has sold another regional Western Australian asset from the Healthcare Property Fund. The group is effectively breaking
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Government buys police station from landlord
Property and Development NSW, which manages the state’s real estate portfolio, has snapped up a suburban Sydney police station from
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Mitsubishi buys into $2b Darling Harbour project
Mitsubishi Real Estate has bought a half stake in a $2 billion apartment, office and retail complex, at Darling Harbour.
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Government sells CBD building with development restriction
The owner of landmark skyscraper 101 Collins Street has sold a low rise building behind it after adding a covenant
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Yamaha HQ trades between asset managers
Clarence Property Group has snapped up Yamaha Motors Australia’s state headquarters and distribution centre. The $42 million deal for the
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Developer picks up underutilised Brisbane office
Will Griffin and Steve Jones, founders of OneFin, are the latest asset managers to buy into Fortitude Valley’s St Pauls
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Not for profits trade major inner-city office
Recruitment agency Maxima, which last month lost federal funding resulting in the need to end many disability training services, has
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Singapore asset manager buys Monash University campus
The GPT Group is selling another Docklands asset from its Wholesale Office Fund. The Monash University Docklands campus, built in
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Dandenong court building let, sold renovated
Private investors have traded one of two Victorian Family Law courts and the only one out of Melbourne’s CBD. The
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ADCO sells HQ with a leaseback
Quanta Investment Funds has bought another commercial property for a single asset fund. The two building office complex, 23 Graham
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Marquette, QIC trade Brisbane office
QIC has sold one of six Queens Wharf properties acquired from the state government for $561.9m, in 2023. The David
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Not for profit sells Brisbane office
An independent not-for-profit has old a suburban Brisbane office after almost exactly 20 years. The National Association of Testing Authorities,
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Bell Street set for healthcare hub
A healthcare centre will be developed at a Bell Street, Coburg, site, near the border with Pascoe Vale South, after
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Two north Sydney offices sold
Two prominent north Sydney offices have sold. In the biggest deal, 205 Pacific Highway, St Leonards – one of five
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Blackstone banks $75m from Sydney warehouse
Two major Eastern Creek commercial properties have traded. In the biggest deal, Blackstone has sold a warehouse acquired six years
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Social infrastructure fund reweighs portfolio
Charter Hall has announced a handful of property deals for its Social Infrastructure REIT (CQE). In the biggest direct trade,
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Occupiers trade Newcastle office/warehouse
Not for profit employment and skill trainer Novaskill has sold its west Newcastle headquarters with a 12 month leaseback. The
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Church spends $97m on city office
The Catholic Archdiocese of Sydney has snapped up a B-grade office diagonally adjacent to St Mary’s Cathedral. The 15 level
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CQU signs whole building lease, Melbourne
Central Queensland University has leased the recently vacated Bendigo Bank headquarters at Docklands. The school has committed to 120 Harbour
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C&G sells Adelaide medical centre, library
Commercial & General has sold a near new medical centre and council-backed library at West Lakes. The Ngutungka complex at
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Strata owners unite, sell Armadale investment
The owners of eight strata units in a prominent office and retail investment in the ritzy High Street, Armadale, commercial
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Quintessential snaps up Fortitude Valley office
Quintessential has settled on its purchase of a Fortitude Valley office from ISPT’s Core Fund. Green Square North at 515
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Charter Hall fund buys, sells assets
Charter Hall has struck some deals for its Long WALE REIT (CLW), an update of which it provided to the
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Forza buys another Sydney office
Forza Capital has swooped on another high yielding Sydney office. The Melbourne asset manager led by Ashley Wain is paying
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Landlord sells Melbourne office to tenant
EXCLUSIVE Accord Property Group has sold a prominent suburban Melbourne office to the not-for-profit occupier for $22.6 million. The five
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Keppel moves riverfront Brisbane’s office
Keppel Capital has sold a city fringe Brisbane office on its second attempt in as many years. The John Oxley
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AsheMorgan, Dexus trading Brisbane office
Dexus is speculated to be selling another major office, this time in Brisbane’s CBD. The AM60 complex at 42-60 Albert
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Garda sells trophy Cairns office
Garda Property Group has nearly completed the sale of a trophy North Queensland office. The deal for the Cairns Corporate
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MEX founder sells swank Brisbane office
EXCLUSIVE Nine months since selling MEX Maintenance Software to Silversmith Capital Partners, Steven Ninnes has sold its headquarters. The executive
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Ex-Melbourne IVF HQ sold
Henkell Brothers has sold a prominent city fringe building for years until May home to Melbourne IVF. The three level,
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BlackRock, Wentworth drop $200m for Sydney business park
BlackRock and Wentworth Capital have bought a third property for a $1.5 billion Life Sciences platform announced last year. The
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Leyton sheds Adelaide medical centre
Adelaide asset manager Leyton Properties has sold a medical centre after four years, a major renovation and a new round
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BlackRock, Cromwell trade office stake
BlackRock has snapped up the 50 per cent stake it didn’t control of a north Sydney office investment with development
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Victorian Electoral Commission leases suburban office
The Victorian Electoral Commission will take over the lease of a prominent suburban Melbourne office/warehouse previously occupied by the Australian
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Developer spends $55m for riverfront Melbourne site
An enormous development site abutting the Yarra River in Melbourne’s inner east, with plans for two apartment towers, has sold
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Coronation buying data centre site for apartments
Coronation Property is the second developer this week to pick up a major commercial investment with plans for apartments. The
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New university signs Adelaide’s biggest office lease this year
The new Adelaide University has signed another major lease deal, this time for an office once owned by Dexus, at
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Medical executive buys Melbourne office
Rodney Aziz has bought an office near the headquarters of Family Doctor, his business which in April attracted a $300
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Asset manager doubles down in Penrith
ME Investments – established by Marcel Elias, for 18 years until 2022 the owner of the country’s most successful LJ
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Industry association picks up another office
Australian Childcare Alliance is the latest industry group to buy an office to occupy. The not for profit association has
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Asahi to switch HQ within Southbank
Asahi will upgrade from its long time, low rise headquarters at 58 Queens Bridge Street, Southbank, to a skyscraper in
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Ex-American Express HQ sells again
The boutique Elizabeth Street building with a ground floor shop beneath four levels of offices, for years part occupied as
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Historic Melbourne House sold, set for refurb
Roxy Pacific has sold the historic Melbourne House, also the former Leo Cussen Centre for Law headquarters, after eight years.
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Australian Unity sells Adelaide medical centre, car park
Australian Unity has sold another asset from its Healthcare Property Trust. The group is reaping a speculated $9.65 million for
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