APN outlays $24.4m on convenience retail
APN Funds Management is outlaying $24.4m on two convenience retail investments. At Riverview, in suburban Brisbane, and Dubbo – 400km
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Retail
Rozelle medical centre set for upsize
A double storey medical centre and two smaller shops covering a prominent 600 square metre corner, at Rozelle, have sold
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Developer snaps up Double Bay Plaza
Top Spring Australia has outlaid $94 million for the prominent Double Bay Plaza. The 1334 square metre site, 19-27 Cross
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Melton Station Square sells after revamp
Another neighbourhood shopping centre has sold, this time in Melton South. Melton Station Square, at the north west corner of
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Third time lucky for Jam Factory revamp
An application to redevelop South Yarra’s Jam Factory as a mixed-use village with an end value of $1.5 billion will
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Woolworths sells Greenvale Lakes shopping centre
Woolworths has sold a new Roxburgh Park shopping centre for $27.7 million. The price for Woolworths Greenvale Lakes at 200-230
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Developer swoops on Verona Cinema
The Verona Cinema, in Paddington, is speculated to be selling for $35 million – some 15 per cent over expectation.
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Chemist Warehouse execs buy ex-bank to occupy
A former bank beside Richmond Town Hall has been purchased by interests associated with Chemist Warehouse, with plans to occupy.
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QIC picks up near-new Craigieburn mall
QIC has picked up the two year old Craigieburn Junction homemaker centre, in Melbourne’s north. The $135 million deal is
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Norton Central trades again
Norton Central, in Leichhardt, has sold for the second time in two years. The c2005 double storey building at 70
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Eastwood retail investment collects $18m
A retail investment in central Eastwood has sold for $18 million. The 1216 square metre complex, 2 Progress Avenue, is
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Stawell servo sells mid-construction
A Stawell service station and truck stop – which is still under construction – has sold for $8 million. The
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Coles, Primewest trade Byford property again
Coles Group has sold a four year old shopping centre to Primewest – the group it bought the land to
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Revelop picks up Latrobe Valley shopping centre
Revelop has snapped up a small shopping centre in Victoria’s Latrobe Valley. West Place, in Churchill, contains 4703 square metres
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Isaac swoops on Cranebrook block
Convenience retail developer Isaac Property has swooped on a site in Sydney’s outer west Cranebrook. The 1.49 hectare parcel, 1
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Fragrance picks up historic London Court
The c1937 London Court, in Perth, has sold for the first time in 71 years. Singapore-based Fragrance Group is the
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Baron Vanilla buys warehouses, shopping centre
Baron Vanilla Management is outlaying a speculated c$60 million for four assets earmarked for two trusts. In the biggest deal,
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Fawkner spends $162.5m on Mackay mall
Fawkner Property is paying $162.5 million for Mackay’s Mount Pleasant Centre. The deal with Vicinity Centres, which manages the asset
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Elanor sells Queensland shopping centre, reports growth
Elanor Investors Group (ENN) has sold Moranbah Fair Shopping Centre after four years. The deal, with Sentinel, is worth $28
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Malvern shops smash reserve
A local investor has paid $11 million – 32 per cent over guide – for two adjoining shops in Glenferrie
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Martin Strode sells Fitzroy Aldi
Martin Strode is understood to be banking close to $14 million for a supermarket on the ground floor of a
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Carina retail investment collects $12.5m
A Carina retail investment – 97 per cent occupied by health and medical groups – has sold for $12.5 million.
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MA picks up Bundaberg shopping centre
MA Financial has purchased another shopping centre, this time in Queensland. Stockland Bundaberg at 115-119 Takalvan Street, Avoca, is costing
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Charter Hall purchases another Bunnings
Charter Hall is spending $48.8 million – about 10 per cent over guide – for a Bunnings investment in an
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Another Campbelltown homemaker centre sells
Canberra based Goodwin & Kenyon Group has sold Homebase Campbelltown for $48.3 million. The off-market deal for the 15 year
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Bayley collects c$22m from south Sydney shopping centre
Bayley Property Group has sold the strata titled Oatley Village Square, in Sydney’s south, for a speculated $22 million. The
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Ex-Volkswagen dealership to become COVID test site
4Cyte Pathology has signed a six month lease for a prominent ex-Volkswagen dealership near Westfield Doncaster. The 8176 square metre
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Art deco cinema sold for apartments
The former Paramount Theatre – once owned by Hoyts and later, the South Hurstville RSL then Civic Video – and
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Mirvac sells Cherrybrook Village for substantial premium
Mirvac has sold the Cherrybrook Village shopping centre, in Sydney’s north west. The price – $132.8 million – reflects a
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Charter Hall buys inner-west Sydney supermarket
Charter Hall has purchased a Coles-backed supermarket at Five Dock for $25.9 million. The vendor, Macquarie Publications, paid $19.66m for the
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