RAM buys office after hospital conversion deal
Real Asset Management has settled on a four-building Nundah property it agreed to purchase during the early stages of construction
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Charter Hall flips under-utilised industrial site
Charter Hall has sold a 4.84 hectare industrial investment with the potential to be replaced wih a residential based project,
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Barings, Rest swoop on $780m industrial portfolio
Goodman Group has sold a portfolio of 12 east coast industrial investments to Barings and Rest Super. The $780 million
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Centuria picks up another Mandurah mall
Centuria has snapped up Halls Head Central – its third major shopping centre at Mandurah, 75 kilometres south of Perth.
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Centuria adds another glasshouse to book
Centuria has added another major tomato growing facility to its book. The off-market leaseback deal for Victoria’s Katunga Fresh glasshouse,
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Deague, Speer double money in Portsea
Camilla Speer, the daughter of prominent property developer and investor David Deague, and her husband, Affinity Equity Partners head Nick,
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Glenvill director lists swank Melbourne HQ
Glenvill director Len Warson is selling the swank Cremorne office he designed to better the glamorous Manhattan digs of Harvey
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Jazz bar owner sells Melbourne hotel
Bird’s Basement owner and developer Albert Dadon has sold the hotel component of the 10 year old Art on the
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ASX fund snaps up Mr Donut HQ to repurpose
The outgoing Mr Donut headquarters has sold to a fund manager which will repurpose the huge manufacturing plant and distribution
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Point Piper showpiece to smash Australian house price record
Four months after listing his London base, adjoining apartments covering four floors in Knightsbridge’s 55 Hans Place, with c$96 million
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Toyota Finance chooses Harry Seidler office for HQ
Toyota Finance Australia will relocate its headquarters from the lower north shore to the CBD, near The Rocks. The 52
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Henley buys final piece of west Melbourne farm
EXCLUSIVE Henley Homes has snapped up the final piece of a farm marketed as one of the last significant low
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Addenbrooke sells Alexandria site with development scheme
The O’Neil family’s Addenbrooke has sold a prime Alexendria site two and a half years ago the subject of a
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Clarence divests near-new childcare centre
Clarence Property has sold a Brisbane growth corridor childcare centre it completed early last year. The 154-place asset at Ripley,
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Fund manager buys house to expand prominent medical centre
Eleven months after buying the high-profile Logan Medical Centre, Properties & Pathways has bought a three bedroom home on a
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Council sells office after winding down investment arm
The City of Logan has sold the headquarters of its for-profit investment arm, Invest Logan, which it decided to wind
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Feros brothers buy another inner city pub
Dean and John Feros have bought another historic inner city pub to occupy. The freehold going concern of Paddington’s Unicorn
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Melbourne fund manager scoops up NSW mall
Stockland is selling Chris Lock’s IP Generation a regional New South Wales shopping centre it developed 28 years ago. Worth
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Mattel commits Barbie, Ken to new Melbourne home
DHL Supply Chain has secured Mattel to one of two standalone office/warehouses it recently pre-committed to in Melbourne. The 31,000
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United Petroleum founders behind ex-Target store deal
A company once controlled by United Petroleum co-founders Eddie Hirsch and Avi Silver has sold Colac’s ex-Target store. Now a
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Sydney investor buys regional retail hub
Blackfox Property, for a trust now seeking investors, has bought the prominent Shepparton Retail Hub – where 95 per cent
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Offshore investor secures regional processing and distribution hub
One of four primary processing and distribution hubs operated by Cleanaway in Victoria’s north east has sold to an offshore
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Jerry Schwartz swoops on another resort
Elanor Investors Group (ENN) is banking a 25 per cent premium quietly selling a Blue Mountains tourist accommodation complex after
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Investors spend $18.8m on healthcare assets
Two metropolitan healthcare investments sold this month on vastly different yields. In Melbourne, the Dandenong nursing home recently known as
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Fund managers reap major windfall from Masters converted homemaker centre
Sydney fund managers Argus Property Partners with Kaipara Property Group, which also develops, have sold a Masters converted homemaker centre
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Occupiers unite for double fronted Adelaide warehouse
Operators of two businesses teamed to buy a double fronted warehouse in Adelaide’s inner east, to occupy. The Kent Town
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Opportunity fund snaps up another east coast asset
Centuria has bought another industrial property for a counter-cyclical fund backed by $50 million from wholesale investors. At 26 Redfern
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Developer digs deep for ex-Marine Hotel
The Buxton family’s retirement living arm has snapped up Brighton’s former Marine Hotel, behind the Church Street shops, for a
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Centuria divests two west Sydney malls
Centuria has sold two west Sydney neighbourhood shopping centres picked up when it took over Primewest – all up for
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Shakespeare invests again in Sydney
Shakespeare Property Group has swooped on a historic Darling Harbour hotel for a fund now seeking wholesale backers. The Melbourne
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Redcape, Patrick Gallagher negotiate hotel double-deal
Redcape has sold Patrick Gallagher Fairfield’s Crescent Hotel – where over 90 per cent of income is derived from electronic
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Telstra sells historic Melbourne post office to developer
Up Property has bought one of the highest character commercial properties in Armadale – where it is headquartered – as
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Banjo Bond doubles down in Perth CBD
Banjo Bond’s Cosgrove Group has snapped up adjoining CBD retail assets from JJ Leach, which developed them a decade ago
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Investors chase growth corridor childcare centre
A third major Melbourne childcare centre has sold in as many weeks on a low yield. The two year old
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Merlino locks up another Adelaide industrial site
Merlino Development Group has snapped up a major north Adelaide industrial investment to repurpose as a small warehouse project. The
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Billionaire, millionaire snap up trophy estates
Two trophy estates – one worth two and a half times the other – have found buyers high profile in
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Vicinity sheds another Perth mall
Vicinity is selling another sub regional Perth shopping centre, this time in the north east. Maddington Central is speculated to be
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Fund managers trade Brisbane riverfront office
EXCLUSIVE Centuria is selling Exceed Capital a fully leased office with development upside on the banks of the Brisbane River,
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Council sells ex-operations centre to developer
The City of Subiaco has sold an ex-operations centre to local developer Cedar Woods which will nearly double the size
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School beats developers to prime Brisbane site
An entity associated with Queensford College has beaten high rise developers to a prime property in the city’s North Quarter.
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Melbourne fund manager secures enormous dairy farm
Prime Dairy, an agricultural fund manager held by Prime Value Asset Management, is paying $15 million for a north west
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Fund manager takes hit on Adelaide distribution centre
Straits Real Estate has accepted an 18 per cent discount to the December, 2023, book value, for an inner-city distribution
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Billionaire fashion house owners buy ex-Church of Scientology HQ
The billionaire owners of fashion powerhouse Chanel have quietly bought the c1923 ex-Royal Bank of Australia building, in Melbourne’s exclusive
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Rich List family sell supermarket in 24 hours
A Smorgon family arm will bank just over $21 million from a Woolworths-backed mall held for over 50 years in
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Kennards expands historic Melbourne holding
Kennards Self Storage has quietly bought three small warehouses – all up covering 712 square metres – abutting one of
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Region takes haircut on Tasmanian mall
Region Group has sold a Woolworths anchored shopping centre north of Launceston for $14 million – a slight drop on
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Ex-footballer buys historic pub from landlord
EXCLUSIVE Three years after buying the leasehold to the inner-city pub then known as the Robert Burns Hotel, Julien Moussi
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Trophy Maples department store for lease after renovation
A unique trophy office – in terms of character, fit-out and location – has hit the rental market after a major
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Victorian snares high yielding regional investment
A near-new homemaker centre 130 kilometres south west of Brisbane sold six months after hitting the market for a yield
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Centennial locks tyre group to Oxley
Centennial has found a tenant for a chunk of a major Oxley industrial investment bought in two parts, from different
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Cupra makes it a dozen in Australia
Cupra has opened a second sales garage in Brisbane and committed to another, in south west Sydney, bringing the number
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Walker secures tenants access to world’s largest digital art gallery
Walker Corporation has secured tenants at its $3 billion Collins Square project access to The LUME – the world’s biggest
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Hill of Content freehold sold after auction
EXCLUSIVE It should be business as usual – for now – at the city’s oldest bookshop, the Hill of Content,
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Charter Hall sells Queensland mall off-market
Charter Hall has sold Mackay’s recently refurbished Sydney Street Markets to Augustine Property, off market. The $43.5 million price falls
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Glenn Piper, Harvest Hotels swoop on pubs
Bruce Gordon’s WIN Corporation has sold its second asset in a month – the Scarborough Hotel, the City of Wollongong’s
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Centuria locks in Melbourne, Perth industrial tenants
Centuria has secured tenant clients on long leases for two warehouses each side of the country. In the biggest deal,
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Offshore investor doubles down in East Melbourne
The Birches Serviced Apartments complex, diagonally adjacent to East Melbourne’s Powlett Reserve tennis courts, sold this week for $11.6 million
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Vinfast relists ex-GMH proving ground
Vinfast has relisted the landmark ex-General Motors Holden Lang Lang Proving Ground. The campaign comes two and a half years
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Lemon Baxter director retires after 33 years
Now when Chris Curtain describes his mood as the usual “never better”, one might believe it, with the real estate
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IP Generation lines up another landmark mall
Melbourne fund manager IP Generation is believed to buying a half stake in Modbury’s Tea Tree Plaza – the largest
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Singapore fund manager doubles down on Australian social infrastructure
Singapore fund manager Cambridge RE Partners has bought its second local investment, three months after its first. Port Macquarie’s Hastings
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Melbourne Airport locks in another pre-commitment
Melbourne Airport has secured Toll Group to another facility – this one for its healthcare arm. The 10,000 square metre
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Forza sells ex-CUB car park
EXCLUSIVE Forza Capital has turned a profit selling an ex-Carlton & United Breweries car park on the banks of the
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Mirvac takes hit on Sydney office stake
Mirvac has sold a half stake in a recently renovated Sydney office for a nine per cent discount to book
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Melbourne council buys century old estate
A Melbourne council is spending c$12 million on a century old home covering nearly an acre of established gardens, it
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Receivers sell ‘Big Thing’ tourist attraction
Receivers have sold one of Australia’s ‘Big Thing’ tourist attractions – at Normanton, in Queensland’s Carpentaria – to a NDIS-approved
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Flagship healthcare fund sheds another asset
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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Occupier digs deep for prominent Moonee Valley corner
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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Prize city fringe office or residence for sale
A spectacularly located, land rich property – a historic manse converted office, 260 metres from the Melbourne CBD grid –
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Lease assigned for major car storage facility
A landmark vehicle storage facility spreading 8.68 hectares across two Melbourne streets has been assigned between providers. The 18 month
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Aware, Goodman trade uber-green Melbourne business park
EXCLUSIVE A south east Melbourne industrial estate containing the first warehouses registered with a v1 classification under the Green Building
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Council sells prominent car park for museum
A Melbourne council representing a community where over a sixth of the population is Vietnamese is selling a piece of
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Ex-Southern Cross Austereo site sold for a loss
Charter Hall and QuadReal have taken a hit on a riverside Brisbane CBD site bought three years ago with major
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Chris Lock snaring another Melbourne shopping centre
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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Melbourne fund manager adds another Bunnings to book
The Sydney investor who three years ago paid $11 million for the then new Bunnings Young, setting a record low
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Retirement village giant opens “fastest selling” Australian facility in Melbourne
Ryman Healthcare has opened its eighth Australian facility – also its fastest selling – on part of a former Melbourne
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Region divests two Victorian shopping centres
Region Group, formerly known as Shopping Centres Australasia Property Group, or SCP, has divested two Victorian shopping centres for sub
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Woolworths buys, sells retail assets
Woolworths has quietly bought a Melbourne shopping centre it anchors for some 45 per cent more than the landlord was
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John Singleton sells unique Sydney office
Annie Todd, the former wife of Atlassian co-founder Mike Cannon-Brookes, has secured one of inner Sydney’s most unique offices from
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Developer turns profit in central Box Hill
A developer who between 2021 and 2022 bought two standalone single storey retail investments in central Box Hill has flipped
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