HomeCo buys, sells east coast retail assets
HMC Capital has contracted to buy and sell east coast retail investments on behalf of the HomeCo Daily Needs REIT.
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Retail
Harvey Norman snaps up growth corridor sites
Harvey Norman has snapped up neighbouring sites opposite Manor Lakes Central, in Wyndham Vale. Formerly part of a block known
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Pace sells strata supermarket
Pace Development Group has sold a strata-titled retail investment, part of the apartment-based Pace of Blackburn mixed use complex, east
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Melbourne super giant buys Curtin Exchange
A major super fund has quietly bought a $300 million student accommodation based mixed use investment within Curtin University’s Bentley
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Geraldton QSR investment sells for $10.2m
A prominent quick service retail investment at Mahomets Flats has sold for $10.2 million – a 6.46 per cent net
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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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Former Macquarie executive sells Deception Bay marina
Former Macquarie Bank vice president Andrew Hooper-Nguyen and business partner, Chris Ellis, have sold the former Spinnaker Sound Marina, near
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Townsville large format retail asset sold after 40 years
Unikorn Commercial Property Capital has snapped up a large format retail centre at Townsville offered for the first time since
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Asian investor snaps up waterfront restaurant
An Asian investor has snapped up a prominent former restaurant, overlooking Port Phillip Bay and the city, in the heart
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Asset managers trade outer Perth mall
ISPT has shed another neighbourhood shopping centre from the Retail Australia Property Trust (IRAPT). Brighton Village at Butler, 41 kilometres
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Dexus buys stake in Australia’s second biggest mall
Dexus has bought a quarter stake in Australia’s second biggest shopping centre, outlaying $683 million. The off-market deal affecting Westfield
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Sunshine Coast Woolies collects $13.8m
Interests associated with the state’s Hutchinson Builders have collected $13.75 million from a recently refurbished and relet Woolworths at Maleny,
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Socceroos doctor sells another Woolies
Sports doctor Peter Brukner has sold another supermarket bought with a leaseback from Woolworths’ development arm, Fabcot. Following an off-market
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Brisbane servo fetches $8.6m
Waypoint REIT, formerly Viva Energy REIT, has banked $8.556 million for a prominent service station south of Brisbane. The deal
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Offshore investor buys trophy suburban showroom
A prominent showroom at one of south east Melbourne’s busiest corners has sold to a Chinese investor. Covering 760-770 Stud
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Asset manager buys Bondi Beach shops with development plan
Initium Capital is seeking investors to buy neighbouring Bondi Beach shops covering c1800 square metres with significant medium-term development upside.
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Gibbens divests Newcastle LFR investment
Gibbens Group has trebled its outlay selling a Newcastle large format retail investment after 11 years. The 1.27 hectare Bayside
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Charter Hall sheds Riverina supermarket
Charter Hall has sold a supermarket at Cootamundra, in the Riverina, also the South West Slopes. On 8127 square metres,
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Grollo family sell popular alpine hotel
The Grollo family has shed a high profile investment from its significant alpine property portfolio. The two level strata titled
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Nick Williams buys Melbourne shops, apartments
Nick Williams, who heads the Hudson Conway business his father, Lloyd, co-created, has snapped up a high-profile mixed-use asset at
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Operator buys high profile bowling alley
Tenpin bowling operator General Public has snapped up an established Melbourne venue being marketed to developers. The Zone Bowling Moorabbin
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Brisbane town centre site fetches $31m
A major site next to the Park Ridge Town Centre, south of Brisbane, has sold for $31 million. The 21.2
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Receivers sell another Jon Adgemis asset
Receivers have moved another asset held by Jon Adgemis’ Public Hospitality Group. The c1888 Town Hall Hotel in Balmain –
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Myer sells historic store
Myer Group has sold a historic store with a leaseback. Following a campaign launched last October, which found a buyer
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ISPT sells Blue Mountains shopping centre
ISPT has sold Katoomba Village – in the Blue Mountains – which it bought new from the developer and anchor
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Region offloads SA Bunnings
Region Group – until late 2022 known as SCA Property Group – is the latest institution to shed a fully-leased
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Apartments set for Gladesville shopping centre, surrounds
Third I will replace the tired Gladesville Shopping Centre and sites around it – all up 1.4 hectares – with
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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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Clarence buys south west Brisbane shopping centre
Clarence Property has snapped up a south west Brisbane mall developed in the 1980s and renovated 15 years ago. Metro
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Interstate investor swoops on new Dan Murphy’s
A new Dan Murphy’s in Adelaide’s Malvern has sold to an interstate investor. The c2700 square metre holding, 301-305 Unley
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Brisbane growth corridor QSR investment collects $8.2m
Griffith Group is the latest developer to sell a new quick service retail investment at a sub six per cent
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Chemist Warehouse executives snap up Mosman shop
Chemist Warehouse executives have snapped up another prime strip retail property – this time in Mosman. The 398 square metre
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Hill of Content plans record ‘human book chain’ move
Hill of Content staff have unpacked the shelves at its Bourke Street address of 103 year ahead of a move
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Singapore giant swoops on 5-star hotel, shops
Receivers for collapsed developer Crown Group have sold the modern Skye Suites Sydney hotel and ground floor shopping precinct, Our
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Suburban Adelaide mall fetches $10.5m
IGA Supermarket operator Romeo Retail Group has sold a north east Adelaide mall held three years. Modbury Heights Shopping Centre
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Elanor sells Moreton Bay shopping centre
Elanor Investors Group has sold a Moreton Bay shopping centre held by a single asset fund. Bluewater Square at Redcliffe
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IP Generation eyes landmark Sydney mall
IP Generation is eyeing the landmark Top Ryde City shopping centre – with a standalone component extending into the podium
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Charter Hall sells Melbourne growth corridor Bunnings
Charter Hall is quietly selling a major Bunnings warehouse bought near-new in January, 2020. The asset manager is banking $44
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ISPT sells ex-Waltons department store
ISPT is taking a hit selling a retail investment in Melbourne’s Bourke Street Mall after nearly 10 years. The six
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James Packer, Banco swoop on outgoing Leo’s Supermarkets
Developers have swooped on Melbourne’s two Leo’s Fine Food & Wine Supermarkets, set to close at the end of next
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Newmark sheds land beside Warrnambool mall
Newmark Capital has sold two blocks on the eastern side of the Gateway Plaza at Warrnambool, which it bought three
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Coles picks up growth corridor town centre site
Coles Group has snapped up a permit-ready town centre site in Melbourne’s south east. In a deal worth just under
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South Coast mall fetches $10m
A small but popular shopping centre at St Georges Basin on the NSW South Coast has traded between private investors
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Showroom asset filled after off-market deal
The local arm of Austria based power products provider and services supplier, Omicrom Electronics GmbH, has leased a Mill Park
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Global op-shop giant leases prominent long-vacant showroom
Chris Lock’s IP Generation – which is being purchased by MA Financial – has secured a tenant for the prominent
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Indigenous Business Australia divests FNQ mall
A Far North Queensland Coles anchored shopping centre has sold for $34 million. Indigenous Business Australia on behalf of the
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Elanor fund sheds final mall
Elanor Investors Group has sold the last asset from its Property Income Fund. Shopping centre Gladstone Square, 100 kilometres north
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Woolworths secures mixed-use Canberra site
The Suburban Land Agency has awarded Woolworths’ development arm, Fabcot, the tender to develop a mixed-use complex within the master-planned
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Celebrity syndicate buys Barossa Valley winery
A consortium of high-profile sports, media and business identities has quietly bought Barossa Valley’s Bethany Wines. AFL players Izak Rankine
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Developer reaps $13m from servo, pet shop
Landmark Homes & Properties has sold a two year old retail investment in Adelaide’s south. The BP and Petstock on
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Leyton sheds QSR, gym investment
Leyton Property has sold a three year old quick service retail and gym investment in Perth’s south The 7-Eleven, Domino’s
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Sunshine Coast LFR asset sells off-market
Melbourne’s Dimmick family has nearly doubled its outlay on a Sunshine Coast large format retail investment held 15 years. The
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Asian investors trade CBD building
A small but prominent CBD property, on the corner of King Street and Flinders Lane, has traded between Asia based
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Commonwealth Bank sells eight ex-branches
The Commonwealth Bank of Australia has sold eight ex-Bankwest branches – reaping a total $6.195 million. Two of the assets
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Arcana quietly sells Redland Bay mall
Arcana Capital has sold a small but dominant Redland Bay shopping centre after eight years. The asset manager, led by
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IKEA buys store from landlord
Swedish retailer IKEA has bought its fastest growing Australian store from the landlord. The off-market $163.75 million deal for the
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Neighbouring city shops fetch $9.1m
Neighbouring shops at the top of town sold this month for a combined $9.1 million. The deal for 423-425 Elizabeth
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Yanchep essential services investment trades on 6.8pc yield
A gym and childcare centre investment, part of a master-planned community at Yanchep, 50 kilometres north of Perth, sold for
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IP Generation locks Tesla, gym to Brand Smart
IP Generation, in the process of being bought by MA Financial, refit and relet of a 2500 square metre piece
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QSR investment collects $11.8m
Jasbe has sold a recently constructed quick service retail investment with two small warehouses, in Melbourne’s south east. The group
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Syndicates swoop on WA medical centre, QSR investment
Barwon Property Funds has sold the Vasse Medical Centre, near Busselton (pictured, top). Local syndicate Optimus Private Equity is the
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The Hour Glass sells Brisbane building
Luxury retail giant The Hour Glass has sold one of its Brisbane CBD properties. The two level, 500 square metre
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Monteleone family sell another piece of Donnybrook
The Monteleone family – founder of Donnybrook Farmhouse Cheesery – is realising an impressive capital gain shedding a block bought
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Albert Dadon sells another piece of Art on the Park
Ubertas Group, owned by businessman and professional musician Albert Dadon, also the ex son-in-law of the late Marc and Eva
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Designer picks up Melbourne bank turned showroom
Richard Munao, director of boutique furniture and light designer, Cult, has snapped up a prime Melbourne city fringe investment. The
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Costco sells ex-Docklands store
Costco has sold its Docklands store after upsizing to a larger one west of town. The surprise off-market deal with
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Interstate asset managers trade Victorian homemaker centre
Acure Asset Management has sold a regional Victorian large format retail investment after seven and a half years. Shepparton Home
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Mosman’s Sheridan building sells
Investors have traded a historic, two storey fully leased Mosman asset. The $11.5 million result for 623-625 Military Road, at
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AsheMorgan lines up Brisbane, Perth shopping centres
AsheMorgan is understood to be in advanced negotiations for two major shopping centres each side of the country. In the
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Investor swoops on Seddon’s “best retail asset”
A particularly securely leased strip retail investment in Melbourne’s inner-west has sold for $6.25 million. The deal for the Happy
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Centuria sheds two NSW malls
Centuria has sold two more assets held by small funds. Primewest Belmont Citi Centre, south of Newcastle, will exchange for
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Ex-Macquarie boss buys Surfers Paradise retail, entertainment complex
Boston Global Group, established by ex-Macquarie chief Bill Moss and co-run with daughter Natalie Cooney, has teamed with The Property
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Amart founder sells showroom turned AEC office
EXCLUSIVE Amart founder, billionaire, John Van Lieshout, has sold an outer northern Brisbane showroom turned temporary office, leased until December to
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Victorian car yard portfolio fetches $34.5m
A Plantation Capital managed fund has snapped up the third and last property in a portfolio of neighbouring regional Victorian
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Reading sells major retail, entertainment complex
Reading Group has sold the Cannon Park Entertainment Precinct at Thuringowa Central, in Townsville’s south west. The cinema, ten pin
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Andrew and Nicola Forrest permitted to replace Perth mall
The Fiveight investment vehicle co-owned by Andrew and Nicola Forrest has won approval to replace the site of Perth’s ex-Carillon
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MA Financial snaps up IP Generation
MA Financial Group is buying Chris Lock’s seven year old asset management business IP Generation. In the surprise deal, worth
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Asset manager buys Canberra growth corridor retail investment
Elanor Investors Group has sold a five year old retail investment opposite the Belconnen Fresh Food Market. The two neighbouring
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Lululemon to switch flagship Perth store
Lululemon will open a flagship West Australian store on the ground level of a Cbus Property office – abutting the
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WA syndicator buys Ballarat health and LFR hub
HMC Capital has sold a prominent essential services focused large format retail centre in Ballarat’s Wendouree, off-market. On behalf of
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