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Retail

News Retail South Australia 

IP Generation lines up another landmark mall

April 3, 2024April 4, 2024 Marc Pallisco

Melbourne fund manager IP Generation is believed to buying a half stake in Modbury’s Tea Tree Plaza – the largest

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Essential services News Retail Victoria 

Flagship healthcare fund sheds another asset

March 30, 2024April 2, 2024 Marc Pallisco

Australian Unity sold the biggest of two neighbouring investments offered this week opposite an Epworth hospital, in Melbourne’s inner east

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News Retail Victoria 

Occupier digs deep for prominent Moonee Valley corner

March 29, 2024March 30, 2024 Marc Pallisco

Operators of the popular café who for five years rented Essendon’s prominent ex-ES&S Bank bought it from the landlord Wednesday

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News Retail Victoria 

Council sells prominent car park for museum

March 27, 2024March 28, 2024 Marc Pallisco

A Melbourne council representing a community where over a sixth of the population is Vietnamese is selling a piece of

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News Retail Victoria 

Chris Lock snaring another Melbourne shopping centre

March 27, 2024March 28, 2024 Marc Pallisco

Chris Lock’s IP Generation is buying another under-utilised land rich retail asset, this time a discount factory outlet in the

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New South Wales News Retail 

Melbourne fund manager adds another Bunnings to book

March 25, 2024March 25, 2024 Marc Pallisco

The Sydney investor who three years ago paid $11 million for the then new Bunnings Young, setting a record low

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News Retail Victoria 

Region divests two Victorian shopping centres

March 25, 2024March 25, 2024 Marc Pallisco

Region Group, formerly known as Shopping Centres Australasia Property Group, or SCP, has divested two Victorian shopping centres for sub

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News Retail South Australia Victoria 

Woolworths buys, sells retail assets

March 25, 2024March 27, 2024 Marc Pallisco

Woolworths has quietly bought a Melbourne shopping centre it anchors for some 45 per cent more than the landlord was

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News Residential Retail Victoria 

Developer turns profit in central Box Hill

March 25, 2024March 26, 2024 Marc Pallisco

A developer who between 2021 and 2022 bought two standalone single storey retail investments in central Box Hill has flipped

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News Office Retail Victoria 

A-grade office tower full after ‘history repeats’ retail deal

March 18, 2024March 20, 2024 Marc Pallisco

GMHBA has leased the balance of a near new office it co-owns with Quintessential. The healthcare group will open a

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News Queensland Retail 

Investor snaps up central Indooroopilly pet store

March 18, 2024March 18, 2024 Marc Pallisco

A double fronted retail investment near the billion-dollar plus Indooroopilly Shopping Centre has traded for $4.85 million. Despite the relatively

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New South Wales News Retail 

Developer spends $6.3m for gateway Northern Rivers site

March 13, 2024March 18, 2024 Marc Pallisco

Melbourne developer Cadre, established by Chris and Nick Tyas, has snared a gateway Northern Rivers site with plans for a

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New South Wales News Office Retail 

Childcare boss snares Sydney arcade with development upside

March 10, 2024June 24, 2024 Marc Pallisco

Former Deutsche Bank and Macquarie Bank executive turned Oxanda Education founder, Adrian Fonseca, has snapped up the Roma Arcade in

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News Retail Victoria 

Max Beck, Lindsay Fox attract another car dealer to billion dollar precinct

March 9, 2024March 11, 2024 Marc Pallisco

Zagame Automotive is the latest dealership to commit to Essendon Fields, in Melbourne’s north west. For Audi and Cupra, the

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New South Wales News Retail 

Melbourne fund manager secures another regional mall

March 6, 2024March 6, 2024 Marc Pallisco

Melbourne fund manager Fawkner Property is continuing to boost its regional retail portfolio, this time with another asset from Stockland.

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New South Wales News Retail 

Revelop, Stockland trade Balgowlah mall

March 4, 2024March 4, 2024 Marc Pallisco

Revelop has snapped up a northern beaches strata shopping centre from Stockland – outlaying $155 million. Now expected to be

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News Retail Victoria 

‘Mum and dad’ retail investments trade on sub 6pc yields

March 4, 2024March 4, 2024 Marc Pallisco

Two modern sub-$3 million strata retail investments each side of Melbourne sold this week – for similar yields. In Glen

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News Retail Victoria 

Cedar Woods sells modern west Melbourne mall

February 28, 2024February 28, 2024 Marc Pallisco

Cedar Woods has sold a 10 year old mall and adjoining mixed use development site for $60 million. Williams Landing

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Essential services Hotels News Residential Retail Victoria 

Landlord lists Brighton pub after major development windfall

February 28, 2024March 4, 2024 Marc Pallisco

The former Marine Hotel – which following a surprise lease break late in 2023, became a rare major development site in ritzy

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New South Wales News Retail 

Fund managers swap Eastgate Bondi Junction

February 21, 2024February 21, 2024 Marc Pallisco

ISPT has sold Sydney’s Eastgate Bondi Junction after 29 years. The trophy retail investment – with specialty tenants producing an

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News Office Retail Victoria 

Reece snares bayside showroom site

February 16, 2024February 19, 2024 Marc Pallisco

Plumbing supplies giant Reece has bought an island site for $7.15 million – the previously reported sale price, three years

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News Retail Victoria 

Dozen offers sees Victorian mall collect c$30m

February 13, 2024February 18, 2024 Marc Pallisco

The Bai Fu Xin family has divested Geelong West’s land rich Pakington Strand after eight years. The Woolworths anchored mall,

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News Retail Western Australia 

Coles offloads near-new Perth mall

February 8, 2024February 8, 2024 Marc Pallisco

Coles has sold another neighbourhood shopping centre with a part leaseback, this time in Perth’s Brabham. The result for Whiteman

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Hotels News Retail Victoria 

Wyndham council buys, lists historic Werribee buildings

February 8, 2024February 8, 2024 Marc Pallisco

Wyndham City Council has bought a historic Werribee theatre for community use and listed for sale a pub investment around

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News Retail Victoria 

Chemist Warehouse owners buy into ritzy Melbourne strip

February 3, 2024February 5, 2024 Marc Pallisco

Executives behind Chemist Warehouse have paid nearly $10 million for a row of three shops with significant development upside in

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News Retail Victoria 

Gurner signs prominent chef to Collingwood

February 2, 2024February 2, 2024 Marc Pallisco

Gurner Group has signed Indian chef Jessi Singh to the ground floor of Collingwood’s E.S Smith apartment complex, due for

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New South Wales News Retail 

Lendlease sells Darling Square retail component

January 31, 2024February 1, 2024 Marc Pallisco

Lendlease has sold a retail component of Haymarket’s $3.4 billion Darling Square. The fully occupied leasehold asset – 44 tenancies

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New South Wales News Retail 

Mintus snares another mall

January 30, 2024February 4, 2024 Marc Pallisco

Mel Hazzouri’s Mintus has bought west Sydney’s Ashfield Mall ending 27 years of ownership for one of its vendors, Abacus

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News Residential Retail Victoria 

Coles digs deep for growth corridor site

January 28, 2024June 11, 2024 Marc Pallisco

EXCLUSIVE Coles Group Property Developments has quietly snapped up a major west Melbourne site zoned in two parts: Town Centre

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National News Office Residential Retail 

Vale Lang Walker

January 28, 2024January 29, 2024 Marc Pallisco

Sydney developer Lang Walker died last night, aged 78. The philanthropist, with a net worth of c$4 billion according to

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National News Retail 

OAM for bulky goods veteran

January 28, 2024January 28, 2024 Marc Pallisco

Ian Robinson – who from 1975 grew a Beacon Lighting outlet in Prahran to a national network with over 125

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News Retail South Australia Victoria 

Charter Hall banks premium for Vic, SA malls

December 13, 2023April 4, 2024 Marc Pallisco

Charter Hall has quietly sold two shopping centres after 10 years. In the biggest deal, the manager, on behalf of

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News Queensland Retail 

Haben buys balance of Queensland shopping centre

December 13, 2023December 13, 2023 Marc Pallisco

Harold and Ben Finger’s Haben has quietly snapped up the half-stake interest it didn’t control in Stockland Townsville. Also including

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News Retail Victoria 

New Fishermans Bend supermarket trades for $17.5m

December 1, 2023December 2, 2023 Marc Pallisco

Andrew Rettig’s R.Corporation has sold a strata titled supermarket on the ground and mezzanine floor of the conspicuous R.Iconic, in

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News Retail Victoria 

Rebel chooses Melbourne for biggest store

December 1, 2023December 13, 2023 Marc Pallisco

Rebel Sport has opened its biggest store – spreading 3600 square metres over two floors with a basketball court –

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News Retail Victoria 

Fund manager swoops on Melbourne Aldi

December 1, 2023December 5, 2023 Marc Pallisco

MPG Funds Management has snapped up its second investment in a week – a near new Aldi, on the ground

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News Retail Victoria 

Vella family leases showroom on ex-Aldi site

November 30, 2023November 30, 2023 Marc Pallisco

The Vella family has leased a new Mildura showroom for its 27th 4WD Supacentre. Established in Sydney 11 years ago

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News Retail Victoria 

Melbourne bulky goods complex fetches $67.5m

November 26, 2023November 26, 2023 Marc Pallisco

HMC Capital has sold a HomeCo complex in Melbourne’s east ahead of settling on a pricier retail investment, north west

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News Retail Victoria 

Malaysian investors snare Surf Coast mall

November 26, 2023November 27, 2023 Marc Pallisco

Chris Lock has sold Torquay Village after two and a half years for a $10 million premium. The buyer, a

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News Retail South Australia 

Adelaide council rents out newly acquired site

November 24, 2023November 24, 2023 Marc Pallisco

Maverick Campers and Caravans has leased a former car yard just acquired by the City of Prospect for $8.3 million.

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News Queensland Retail 

Investor multiplies return from inner Brisbane car yard

November 23, 2023November 23, 2023 Marc Pallisco

An investor who last year bought a Newstead car yard facing imminent vacancy has re-leased it following a refurbishment for

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Essential services News Retail South Australia 

Council buys former Jeep dealership

November 14, 2023November 14, 2023 Marc Pallisco

The City of Prospect has outbid apartment and office developers for a former Jeep car yard. The 5552 square metre

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New South Wales News Retail 

Southern Highlands Aldi fetches $12.35m

November 14, 2023November 14, 2023 Marc Pallisco

A five year old Aldi in central Moss Vale sold between private investors last week. The $12.35 million result for

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News Retail Victoria 

Bill McNee to sell high profile Melbourne corner

November 13, 2023December 14, 2023 Marc Pallisco

Bill McNee has listed a double storey investment with development upside at arguably suburban Melbourne’s highest profile intersection. Occupied since

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News Queensland Retail 

RAM offloads three small shopping centres

November 9, 2023November 9, 2023 Marc Pallisco

Real Asset Management has divested three small suburban Brisbane shopping centres at or above book value to separate private investors.

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News Queensland Retail 

Fund managers swoop on Bundaberg shopping centre

November 9, 2023November 9, 2023 Marc Pallisco

QIC has sold Bundaberg’s Hinkler Central for $107 million – a modest paper loss on the $110m it paid eight

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New South Wales News Retail 

NZ fund manager sells down Bondi Beach arcade for a premium

November 9, 2023November 9, 2023 Marc Pallisco

Ben Cook is the latest investor to profit from selling down an inner-city retail investment. The New Zealander’s Cook Property

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News Retail Victoria 

James Lane makes “Geechange” to Centuria centre

November 2, 2023November 3, 2023 Marc Pallisco

The Bart family’s James Lane has chosen thriving Geelong for its 29th store – also its first in regional Victoria.

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New South Wales News Retail 

GIC takes major hit on Sydney mall stake

November 1, 2023November 1, 2023 Marc Pallisco

Vicinity Centres has bought back the 49 per cent interest it sold six years ago in Sydney’s Chatswood Chase, with

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News Retail Victoria 

Hong Kong group buys Roxburgh Park mall

November 1, 2023November 1, 2023 Marc Pallisco

JY Group has purchased Roxburgh Village from Vicinity Centres, with which it co-owns other malls. The 1.14 hectare complex with

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News Queensland Retail 

ISPT sells former Broadway on the Mall

October 25, 2023October 25, 2023 Marc Pallisco

ISPT has sold Brisbane’s former Broadway on the Mall, nowadays just known as 170 Queen Street, after 12 years. The

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News Queensland Retail 

New Gold Coast mall collects $34m

October 19, 2023October 19, 2023 Marc Pallisco

De Luca Corporation has sold Gold Coast’s brand new Robina Central, which it recently completed with Wright Private Capital. The

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New South Wales News Office Retail Victoria Western Australia 

Melbourne’s GPO for sale as part of $600m portfolio

October 16, 2023October 25, 2023 Marc Pallisco

ISPT has listed Melbourne’s GPO as part of a portfolio also with the neighbouring The Strand, a regional Western Australian

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News Retail Victoria 

First time Chinese investor snares Melbourne supermarket

October 14, 2023October 15, 2023 Marc Pallisco

A first time China based investor has picked up a Woolworths supermarket in Melbourne’s east Monbulk for c$14.5 million. The

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News Residential Retail Victoria 

Bryan Dorman lists town centre mall, sites

October 14, 2023October 21, 2024 Marc Pallisco

Regis Healthcare co-founder Bryan Dorman has listed a near new Woolworths anchored mall and two adjoining development sites opposite Mernda

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News Retail Victoria 

Eagers pick up $245m dealership portfolio

October 13, 2023October 14, 2023 Marc Pallisco

In a move expected to boost the turnover of its Victorian business by two thirds, Eagers Automotive has bought 13

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A.C.T. News Residential Retail 

Aware swoops on new Canberra mall, apartments

October 11, 2023October 11, 2023 Marc Pallisco

Aware Super has added another build to rent asset to its book – this time in Canberra’s exclusive Dickson. With

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New South Wales News Retail 

Ex-Bunnings sells for record price

October 11, 2023October 11, 2023 Marc Pallisco

The former Bunnings Wollongong has sold to Sydney outfit Level 33 for $40 million – a record high for a

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N.T. News Office Retail 

Fannie Bay Village trades for first time in generations

October 7, 2023October 7, 2023 Marc Pallisco

A local family has sold an unusual investment, the Fannie Bay Village – a row of 11 standalone buildings on

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New South Wales News Retail 

Lendlease divests Port Macquarie’s biggest mall

October 4, 2023October 5, 2023 Marc Pallisco

Lendlease has offloaded another asset in its open-ended unlisted convenience retail based Sub-Regional Retail Fund. Settlement City, Greater Port Macquarie’s

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New South Wales News Retail 

Woolworths meets market with leaseback sale

September 28, 2023December 13, 2023 Marc Pallisco

Woolworths’ development arm Fabcot has sold a three year old neighbourhood shopping centre at Bomaderry, on the New South Wales

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News Office Residential Retail Victoria 

Ex-deputy lord mayor flips historic Eildon mansion

September 27, 2023September 28, 2023 Marc Pallisco

After snapping up Toorak’s Darnlee mansion, Smith & Singer directors, former deputy lord mayor Gary Singer and his husband, Geoffrey

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News Queensland Residential Retail 

David Devine leases unique space for sales suite

September 23, 2023September 23, 2023 Marc Pallisco

David Devine has leased the upper level of the North Burleigh Surf Life Saving Club as a sales suite for

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News Retail Western Australia 

Vicinity takes major hit on Perth mall

September 20, 2023September 20, 2023 Marc Pallisco

Four years after listing it with $650 million price hopes and 18 months since a $530m deal to Elanor Investors

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News Retail Victoria 

Brunetti commits to popular retail strip

September 20, 2023September 21, 2023 Marc Pallisco

Pasticceria Brunetti Classico is expanding with operator Fabio Angele leasing a 345 square metre space within Giancorp’s Penny Lane project,

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News Retail Victoria 

Coles buys supermarket on suburb’s biggest commercial block

September 20, 2023September 27, 2023 Marc Pallisco

Coles is buying a supermarket at the top of a small bayside retail strip from its landlord which has held

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News Queensland Residential Retail 

Synergy divests Central Park

September 15, 2023September 15, 2023 Marc Pallisco

Developer Synergy Property Partners has sold an essential services backed commercial investment attached to a 12 unit apartment complex. Central

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News Retail Western Australia 

Australian Unity sells mall after 12 years

September 14, 2023September 14, 2023 Marc Pallisco

Locus Property Group and Security Capital Australia have snapped up a neighbourhood shopping centre at Woodvale, north of Perth, for

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News Retail Victoria 

Forza directors divest north east Melbourne gym

September 14, 2023September 14, 2023 Marc Pallisco

Four directors of fund manager Forza Capital have sold a gym in Melbourne’s north east Lilydale for $8.91 million –

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News Queensland Retail 

RAM pockets premium from neighbourhood mall

September 13, 2023September 13, 2023 Marc Pallisco

Real Asset Management has banked a 14 per cent capital gain offloading a small suburban Brisbane shopping centre after five

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News Retail Victoria 

Chemist Warehouse executives buy store occupied by rival

September 9, 2023September 12, 2023 Marc Pallisco

Chemist Warehouse executives have bought another High Street style shop, it is speculated to occupy, this time in Melbourne’s east

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News Office Retail Victoria 

Chris Lucas quietly snares Melbourne building from landlord

September 7, 2023September 7, 2023 Marc Pallisco

EXCLUSIVE Chris Lucas has snared the historic Melbourne building, the lower levels of which house his Japanese restaurant Kisume, for

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News Retail Victoria 

Vicinity sells another Broadmeadows asset

September 6, 2023September 6, 2023 Marc Pallisco

Vicinity Centres has sold its second Broadmeadows investment since June. The 3.35 hectare Broadmeadows Homemaker Centre at 1185-1197 Pascoe Vale

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News Queensland Retail 

Investor nails Gold Coast hardware store

September 6, 2023September 6, 2023 Marc Pallisco

A Gold Coast Total Tools outlet has quietly sold off-market to a syndicate of local investors. The Coomera store at

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New South Wales News Retail 

City investors trade regional NSW mall

September 2, 2023September 2, 2023 Marc Pallisco

The Parkes Arbour Shopping Centre – listed in February 60 per cent vacant – has sold for $8.9 million. The

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News Retail Victoria 

South Melbourne’s Emerald Hill Terraces sold down

September 2, 2023September 2, 2023 Marc Pallisco

South Melbourne’s c1887 Emerald Hill Terraces has sold down, returning the owners, Podco and Terraplex, both company’s owned by Anthony

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News Retail Victoria 

Lindsay Fox, Max Beck lure luxury car dealership to Essendon

September 2, 2023September 5, 2023 Marc Pallisco

Dutton One will open its 17th dealership within a prominent warehouse abutting the Tullamarine Freeway, part of the $1 billion-plus

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News Retail Victoria 

Werdiger family divest Melbourne showroom

September 2, 2023September 2, 2023 Marc Pallisco

The Werdiger family has sold a prominent showroom in Melbourne’s east Nunawading held for 24 years. Backed by Super A-Mart,

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News Retail Victoria 

Merri-bek, Hume walkway shops sell

August 31, 2023August 31, 2023 Marc Pallisco

Four small shops – also high profile entry-level commercial real estate investments – in popular local retail hubs north of

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New South Wales News Retail 

Australia’s first KFC for sale

August 24, 2023August 27, 2023 Marc Pallisco

The west Sydney site which housed Australia’s first KFC in 1968 is for sale. Now a convenience retail investment, 272-274

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