ART in play for shopping centre stake
SCentre is selling a stake in another shopping centre, this time in Sydney. The 19.9 per cent interest in Westfield
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Retail
QIC buys strata titled Sydney mall
QIC has purchased a strata titled retail investment, part of The Albany apartment complex, at Crows Nest. Over two levels, with 5294
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Oreana divests trio of shops
Oreana has sold three new retail investments, part of the Farm Gate Local shopping centre, in Melbourne’s Clyde North. In
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Bunnings trust selling Melbourne homemaker centre
BWP Trust is speculated to be close to selling one of six assets seized with control of the Newmark Property
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Woolworths buys another supermarket from landlord
EXCLUSIVE Woolworths has bought another supermarket from the landlord, this time in Melbourne’s east. The retailer is paying $16.35 million
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Investor doubles down in Windsor
An investor has outlaid $43.5 million for two neighbouring retail assets in Brisbane’s exclusive Windsor. In the most recent deal,
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Bank turned health hub trades for $8.8m
A second sizeable Caloundra CBD property has sold in as many weeks. The ANZ Business Centre and bank, now a
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Victorian investors trade SA Woolies
Victorian investors have traded a Woolworths-backed shopping centre in South Australia’s second biggest city. The Mount Gambier asset, 145 Commercial
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Moree supermarket sold off-market
A freestanding Woolworths at Moree, a major agricultural centre with an established cotton growing industry, 630 kilometres north west of
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Barwon sells medical centre, gym before auction
Barwon Investment Partners has sold another asset from the Healthcare Property Fund, this time in Adelaide. The fund manager accepted
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Bernardi’s Marketplace Forbes sold with leaseback
The Bernardi family has sold the eponymous Marketplace Forbes with a 10 year initial leaseback. On 8461 square metres at
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Porter family sell outgoing Mitre 10 store
Clover Property Partners, a retail investment fund led by ex-agency directors, Mark Wizel and Lewis Tong, has snapped up a
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Dexus ups stake in Australia’s second biggest mall
Dexus has bought another 25 per cent stake in Westfield Chermside from SCentre Group. The deal is worth $683 million
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AV Jennings sells ex-Bunnings
AV Jennings has sold an ex-Bunnings warehouse after deciding to replace it with 761 apartments. The 2.55 hectare Mixed Use
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KordaMentha sells Woolworths anchored shopping centre
KM Property Funds has sold a modern, Woolworths anchored shopping centre in Adelaide’s north east. The Stables at Golden Grove
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McDonald’s coming back to Puckle Street
EXCLUSIVE McDonald’s is coming back to Moonee Ponds after over three decades. The group is refitting a 435 square metre
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Charter Hall lines up three more malls
Vicinity is speculated to be selling three of its smaller regional shopping centres to Charter Hall for a total c$250
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Billionaire family buy landmark mall, hotel
Forest Endeavour, controlled by the billionaire Lin family, also owners of Shayher Group, has snapped up a landmark Surfers Paradise
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EG sells Gold Coast’s Forum site
EG Funds has sold Surfers Paradise’s prominent Forum complex after deciding against replacing the site with two towers, of 72
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Occupier offloads Perth sites after 30 years
Two properties at the top of Perth’s CBD, owner-occupied for over 30 years by Asian supermarket, Lucky Import and Export,
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Asset managers trade $182m homemaker centre
Growthpoint and Blackrock APAC Real Estate have sold a lower north shore homemaker centre after seven years. The asset managers
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Amart founder sells triple supermarket anchored mall
Charter Hall has bought another triple supermarket anchored mall, this time on the Gold Coast. Southport Park Shopping Centre was
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Revelop secures lower north shore mall
Revelop has bought the retail component of a residential-based mixed use project, on Sydney’s lower north shore. Mall 88, completed two
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James Packer, Chapter buy another blue ribbon site
James Packer’s NPACT with Chapter Group have unveiled plans for an outgoing ULR Range Rover and Jaguar car dealership in
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Historic South Yarra hairdresser trades for $6.2m
The historic building South Yarra building occupied 20 years by the Joey Scandizzo Salon sold at auction yesterday. The $6.151
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Melbourne QSR asset collects $14m
A new quick service retail investment in south east Melbourne has sold for $14 million – a 5.61 per cent
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Southern Highlands IGA sold off-market
The Moss Vale IGA, part of which is fit out with an Australia Post, has sold off-market. At 11-13 Clarence
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Council sells ex-golf course
The City of Moreton Bay has sold the Albany Links Golf Course, which closed in 2019. The 7.95 hectare U-shaped
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Tavner family sell Doors Plus portfolio with leasebacks
The Tavner family has sold 12 Doors Plus outlets with leasebacks. The c$30 million deal comes six months since the
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Drake family buys mall from landlord
The owners of independent supermarket chain Drakes have bought Gympie Marketplace from the landlord. The 7888 square metre complex, with
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Chemist Warehouse executives buy another investment
National Retail Group – an affiliated families office established and backed by Chemist Warehouse executives – has bought another commercial
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Woolworths secures Melbourne town centre site
Woolworths has quietly picked up the retail stake in a proposed Melbourne growth corridor mixed use project. Via development arm
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Operator beats developers for beloved Melbourne nursery
EXCLUSIVE Business owners have beaten developers to another infill Melbourne nursery – this time at Warrandyte. The Beasley family offered
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Not for profits trade vacant Melbourne site
The Salvation Army has sold a large standalone warehouse until recently occupied as a store, in Melbourne’s south east. Another
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Asset managers flip Adelaide mall
Greenpool Capital and Qualitas have sold one of two shopping centres co-purchased in 2021, in Adelaide. Local construction boss Richard
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Ex-Sydney Kings HQ leased to club founder’s son
Founder of basketball jersey, footwear and apparel retailer Throwback, Michael Lazaris, has leased a major piece of a heritage listed
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Chris Lucas flips historic building after a year
Chris Lucas has quietly sold the city’s historic Maria George Building. The restaurateur only bought 179-181 Flinders Lane mid-last year,
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HMC sells Sydney Bunnings after five years
HMC Capital is selling a Bunnings investment acquired five years ago from the Canberra Raiders. The asset manager will finish
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Mirvac sells site of flooded shopping centre
Mirvac has sold the site of the Toombul Shopping Centre, damaged in the 2022 floods and never reopened. The asset
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Charter Hall buys Bing Lee distribution centre, store
Charter Hall is buying a distribution centre and large format retail complex offered by Bing Lee with a leaseback. The
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Exceed reweighs portfolio
Exceed Capital has sold its first investment – a retail centre bought in 2017, in Brisbane’s outer south east. The
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Gorman leases neighbouring Melbourne store
Gorman has leased a store next to two it occupies in Melbourne’s Swanston Street. It has also reset a lease
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Unikorn buys retail, childcare investment
Unikorn Capital has bought a Central Coast retail and childcare centre investment. North Wyong Village, with an IGA, six specialty
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New South Coast retail investment fetches $17m
A new South Coast convenience retail investment offered in three parts, sold to one investor. The Nowra complex (pictured, top),
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Gordon Corp sells Morayfield Village
Gordon Corp has sold a Moreton Bay large format retail complex bought five years ago from Kaufland. The Gold Coast
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Developer sells Windsor Exchange
Griffith Group has sold the two year old Windsor Exchange, about 3.5 kilometres north of Brisbane. The large format retail
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Another Noosa shopping centre sells
OzProp has sold a Noosa Heads shopping centre held nine years for a fund. Noosa Junction Plaza at 81 Noosa
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Woolies buys another Coles
Woolworth has quietly picked up a south west Sydney supermarket leased to Coles seven more years. The 2675 square metre
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Asset manager sells IGA-anchored mall
APIL has sold a Joondalup precinct IGA-anchored shopping centre after 12 years. The Perth based asset manager banked $16.88 million
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Modern west Melbourne shopping centre sells
Glen Gala Village Shopping Centre, in Melbourne’s west, has sold for the second time in just over three years. Worth
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Charter Hall fund boosts Bunnings portfolio
Charter Hall has bought four Bunnings outlets for the Retail REIT (CQR) – outlaying a total $151 million. Two were
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Nick Politis sells heritage Brisbane building
Nick Politis has sold Brisbane’s historic Heckelmanns building after nearly 10 years. The Sydney Roosters chairman is banking $19.4 million
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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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Government sells five town centre sites
Development WA has sold five small town centre sites, all up covering 1.07 hectares, part of the Wellard housing estate,
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Occupier buys Flinders Lane shop
Cha Cheng Group has bought the ground floor retail space within a historic building, in the prime section of Flinders
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Lendlease, NPP shed southern hemisphere’s largest single storey mall
Fawkner Property is buying Erina Fair – the southern hemisphere’s largest single storey shopping centre. The deal, with Lendlease and
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MAB sells new large format retail complex
MAB Corporation has sold another piece of its Element Park estate, in Melbourne’s outer south east. The new Clyde North
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University sells ex-Mitre 10
The University of Tasmania has sold another site until recently earmarked for student accommodation. The school is understood to be
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Investors drop $12.5m for Hungry Jack’s restaurants
Investors dug deep to secure two regional Hungry Jack’s restaurants this month. In the biggest deal, a 14 month old
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Inner Brisbane apartment site trades for $22m
A prominent site at the east edge of Newstead’s Longland Street commercial precinct sold off-market this month to a local
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Interstate investor buys Canberra LFR complex
A large format retail complex with 150 car parks, in Canberra’s south east, settled to an interstate investor this month.
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Interstate investor buys Bunnings pre-auction
A Perth investor has bought Horsham Bunnings following a pre-auction offer reflecting a six per cent passing yield. The 9592
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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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Medical centre beside hospital for sale, Melbourne
A sprawling medical centre sharing part of a roofline with Macquarie Health’s Melbourne Eastern Private Hospital, is for sale. Also
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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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Chemist Warehouse executives buy historic Adelaide building
Chemist Warehouse executives have snapped up another high profile property, this time in Adelaide’s Rundle Mall. Via the National Retail
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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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Iconic Melbourne nightclub for sale again
Prahran’s historic ‘Revolver building’ is for sale again. Developed in 1914, part of Chapel Street’s Colosseum complex – the four
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NextGen sells enormous suburban ‘country club’
EXCLUSIVE NextGen has sold a sprawling suburban Melbourne ‘country club’ on its second attempt. The 1.1 hectare facility, part of
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99 Bikes portfolio offered with a leaseback
Postscript: these properties sold for a combined $17.25 million at auction. Eight more 99 Bikes stores are being offered with
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Dan Murphy’s sold with a leaseback
Endeavour Group has sold a five year old Dan Murphy’s with a leaseback. A Victorian private investor paid $9.4 million
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InterContinental Hotel site approved for redevelopment
The state government’s Sydney Eastern City Planning Panel has approved the redevelopment of Double Bay’s InterContinental Hotel site, at 33
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Growth corridor car yard, land fetches $20.4m
A major car yard and undeveloped tract at Vineyard, near the McGraths Hill border, has sold for $20.4 million. The
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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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Properties & Pathways sell piece of homemaker centre
Properties & Pathways has sold an Ipswich large format retail investment held nine years. Part of the Booval Homemaker Centre,
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Coles buys another town centre site
Coles has quietly snapped up another town centre site, this time at Tahmoor, in New South Wales’ Macarthur region. The
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Government appoints developer for $100m project
The Crisafulli government has appointed Ignite Projects to develop a gateway Gold Coast site, at The Spit. Branded The Isles,
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Charter Hall lines up another triple supermarket anchored mall
Charter Hall is buying the landmark Burwood One shopping centre – the home of Australia’s first Kmart, opened 1969. For
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