Ex-SA Lotteries HQ sells
The former SA Lotteries headquarters in Adelaide’s inner west Marleston has sold to EDP Hotel Group and its retirement village
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Wetherill Park warehouse value multiplies in nine years
A land-rich Wetherhill Park industrial investment with development upside has sold between locals for $25 million. The result for 23
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BetEasy co-founders offer $16m-plus Melbourne home
Ciara Griffiths, the wife of BetEasy co-founder Grant, who died in July, is selling a glamorous Toorak family home. In
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Virgin boss relists Melbourne mansion with a discount
EXCLUSIVE Eighteen months after a failed marketing campaign, Virgin Australia chief executive officer Jayne Hrdlicka has relisted Hawthorn’s dramatic Crossakiel
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James Lane makes “Geechange” to Centuria centre
The Bart family’s James Lane has chosen thriving Geelong for its 29th store – also its first in regional Victoria.
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GIC takes major hit on Sydney mall stake
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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Hong Kong group buys Roxburgh Park mall
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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Parkside home sale smashes Albert Park record
Cashed up Ryco Hydraulics chief executive officer Leigh Morrison has quietly purchased a c1868 Victorian on one of the largest
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Macquarie venture buys out two Melbourne apartment towers
EXCLUSIVE Build to rent outfit Local has bought another entire apartment project off the plan – this time in Box
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Beville family list $25m unrenovated Melbourne mansion
Keith Beville – the son of Leo and Rae, who established the eponymous jewellery chain, originally as a homewares store
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Cabrini sells historic ex-hospital to developer
EXCLUSIVE Cabrini Health is selling a vacant palliative care hospital in leafy Prahran East to boutique Sydney developer Abadeen. The
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Lions midfielder wears loss on Melbourne pad
Josh Dunkley has made a loss on a Port Melbourne terrace held four years. The Brisbane Lions midfielder reaped $1.38
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Mr Donut HQ for sale
This property has now sold and will be repurposed. Follow this link for details. The long time Mordialloc headquarters of
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Victorian syndicate buys Port Adelaide office
A Victorian syndicate has snapped up a modern Port Adelaide Centrelink office off-market. The $9.5 million price or 72 Lipson
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Where will rents grow fastest across Australia’s major cities?
There is no end in sight for rising apartment rents, with five Australian markets likely to record mid to high
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Seven, Wesfarmers commit to new Docklands precinct
Lendlease has secured two office tenants to the $2.9 billion Melbourne Quarter project, taking shape in stages at Docklands. In
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Jamie Durie walks away from $11m Daylesford deal
A consortium including celebrity gardener Jamie Durie, financier, Dominic Labrinos and investment banker, Kim Jacobs, have abandoned plans to buy
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ISPT sells former Broadway on the Mall
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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Dexus snares 120 apartments, launches fund
Dexus has purchased 120 apartments in two new Melbourne buildings for its Real Estate Partnership 1 (DREP1) opportunity fund, which
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Patterson family offer Melbourne car yard, service centre
The family of prominent late car salesman Ronald Patterson has listed a dealership and service centre with short leasebacks in
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Nutella maker shelves Australian hazelnut farm, lists site
Ferrero Group has listed adjoining Riverina farms five years after planting some million hazelnut trees – worth $70m – over
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Stockland fills first warehouse at $2b business park
Stockland has developed its first investment at Truganina’s $2 billion Melbourne Business Park following a pre-commitment by e-commerce giant New
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Two more law firms commit to Waterfront Brisbane
Dexus has secured another couple of law firms to the first of two skyscrapers earmarked for the $2.5 billion Waterfront
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Bank offloads major Porter Davis site
The Commonwealth Bank of Australia has sold a Craigieburn development site until recently controlled by failed home builder Porter Davis.
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Ex-Bunnings HQ listed after revamp
Agent turned investor Anthony Wilson has listed another asset, this time in Hawthorn East’s commercial precinct. About $30 million is
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Troubled developer sells balance of Melbourne housing estate
Chinese developer Country Garden, trading in Australia as Risland, has sold the balance of the landmark Windermere housing estate, in
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Ex-Melbourne school set for redevelopment
Golden Age Group has been permitted to redevelop Box Hill South’s former St Leo’s College, with a medium density residential
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New Gold Coast mall collects $34m
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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Epping hospital fetches $76m
Northwest Healthcare Properties has sold the Epping Private Hospital & Medical Centre it invested $12 million to fit out five
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Green light for Sentinel’s first Queensland project
Sentinel Real Estate, not to be confused with Warren Ebert’s Sentinel Property Group, has won permission to develop its first
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Developers buy InterContinental Double Bay
A consortium comprising local investor Mervyn Basserabie, Allen Linz, director of Rebel Property Group and Capit.el Group’s Eduard Litver, have
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Melbourne’s GPO for sale as part of $600m portfolio
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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Ex-Cats coach scores windfall from home sale
Shaun Grigg has sold his renovated Newtown family home before auction. The recently retired Cats assistant coach and his wife,
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First time Chinese investor snares Melbourne supermarket
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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Bryan Dorman lists town centre mall, sites
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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Chauvel banks $12m from childcare centre
Chauvel Capital has offloaded a four month old childcare centre in Brisbane’s north Kallangur. The c$12 million result for the
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Lutherans sell Moreton Bay site to developer
The Lutheran Church of Australia Queensland District has sold a cleared, flat Rothwell site near Grace Lutheran College. The 4.5
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Eagers pick up $245m dealership portfolio
In a move expected to boost the turnover of its Victorian business by two thirds, Eagers Automotive has bought 13
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Mapletree expands Crestmead footprint
Mapletree Investments has secured an 18.6 hectare site to expand by a third a business park which has been taking
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Flight Centre executives divest new Epping warehouse
Industrial-only investment manager Cabot Properties has snapped up another north Melbourne asset, this time in Epping. Following a leaseback deal
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Jonathan Brown lists Melbourne pile with vineyard
Former Brisbane Lions captain turned breakfast radio co-host, Jonathan Brown, and his wife, Kylie, are selling Canterbury’s c1908 Heyford ahead
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Perth site bought for new student accommodation mandate
Fund manager Australian Unity with UniLodge and MaxCap have formed a $1 billion student accommodation mandate. To be seeded with
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Former Atlas Assurance Building fetches $30m
Lawyer Adrian Abrahams has sold Collins Street’s former Atlas Assurance Building – in what is expected to be the first
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Aware swoops on new Canberra mall, apartments
Aware Super has added another build to rent asset to its book – this time in Canberra’s exclusive Dickson. With
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Comiskey Group buy hinterland pub, accommodation
The Comiskey Group has snared Eumundi’s historic Imperial Hotel and neighbouring HOLA boutique accommodation complex for a speculated price of
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Ex-Bunnings sells for record price
The former Bunnings Wollongong has sold to Sydney outfit Level 33 for $40 million – a record high for a
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Dore sells Stanmore’s Salisbury
Ged Dore and his wife Trish Larkin have sold Stanmore’s Salisbury Hotel after nearly a decade. The pair are banking
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Fannie Bay Village trades for first time in generations
A local family has sold an unusual investment, the Fannie Bay Village – a row of 11 standalone buildings on
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Australian Unity sells trophy office after three years
Following a tumultuous post-COVID backdrop, especially depressing demand for offices – made worse by a building boom in some markets
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Garda realises major loss on Melbourne offices
ASX-listed Garda Property Group has sold two Burnley offices for a major loss on their June 30 valuation and an
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DeMangos brothers divest east Melbourne office
Brother Kon and Stan DeMangos, who established building company Stankon Group in 1974, have sold a sprawling double storey office
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Lions star lists ex-Melbourne base
Brisbane Lions midfielder Josh Dunkley has listed his former Port Melbourne home. The sportsman can expect about $1.275-$1.375 million for
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GPT, QuadReal form another partnership
Three years after establishing a mandate for industrial investments, GPT and Canada’s QuadReal have formed another, for student accommodation. The
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Footballer sets record with home sale
Chris Grant has sold a luxury family home on Williamstown’s The Strand – smashing the suburb record set in November,
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Brisbane medical centre fetches $4.6m
An interstate investor has swooped on a small medical and retail centre in Brisbane’s south west Springfield. The single storey
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Elanor doubles down in Mulgrave
Elanor Investors Group is believed to be paying c$200 million for adjoining Mulgrave industrial assets. Covering 23.23 hectares and hugging
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Melbourne chosen for Australia’s first Hyatt House
Australia’s first Hyatt House will open on the lower four levels of a 19 storey building under construction on Kings
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Lendlease divests Port Macquarie’s biggest mall
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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Charter Hall sells Australia’s first skyscraper
Charter Hall has sold Orica House – Australia’s first skyscraper – seven months after it hit the market. The 19
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Former Barossa Valley school sells for accommodation
The former Marananga Primary School, in the heart of South Australia’s Barossa Valley, has sold for $800,000 to a developer
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Fund manager swoops on TV’s ‘Drover’s Run’
Salter Brothers has snapped up the 91 hectare Kingsford The Barossa estate once owned by Channel Nine and used as
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The Block producers buy Phillip Island resort
EXCLUSIVE After making the surprise move to shelve a Daylesford site for the next series of The Block, Channel Nine
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Auction house pays $20m for stately Toorak mansion
EXCLUSIVE Former lord mayor Gary Singer and his husband, Geoffrey Smith, have purchased a 47 bedroom Toorak mansion for their
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Gurner, GIC buy Iloura Plaza
Tim Gurner, backed by GIC, has secured St Kilda Road’s high profile Iloura Plaza with plans to replace it with
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Harry Triguboff snares site from receiver
Harry Triguboff has bought a permit-ready apartment development site at Castle Hill, west of Sydney. The nonagenarian, via his Meriton
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Woolworths meets market with leaseback sale
Woolworths’ development arm Fabcot has sold a three year old neighbourhood shopping centre at Bomaderry, on the New South Wales
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Salter proposes skyscraper over historic Collins Street buildings
Salter Brothers is planning a 32 storey skyscraper (artist’s impression, right) above an InterContinental neighbouring Rialto Towers. The fund manager
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New Fortune swoops on north Brisbane housing site
New Fortune Group has picked up a permit-ready housing site in a pocket of north Brisbane residents have been seeking
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Five:Am founder lists $50m Melbourne mansion
Five:Am creator David Prior and his wife Sallie have listed their family home in the street often touted as Melbourne’s
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Hedge fund manager spends c$15m in Armadale
Prestige car dealer Bobby Zagame has sold his fully renovated Armadale mansion for a speculated $15 million. The buyer of
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Ex-deputy lord mayor flips historic Eildon mansion
After snapping up Toorak’s Darnlee mansion, Smith & Singer directors, former deputy lord mayor Gary Singer and his husband, Geoffrey
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Landcom sells south west Sydney site to developer
Landcom has sold a major Jannali site zoned C2 – limiting development outcomes to recreation and tourism – for a
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Vale Hanbiao Liu
BEKL founder and chairman Hanbiao Liu died on Saturday. The executive – the L in BEKL, a developer and investment
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Emmett, MA Financial trade $50m industrial park
EXCLUSIVE Having just divested neighbouring Darlinghurst pubs for a $6 million loss on its 2020 outlay for its Taylor Square
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Builder upgrades HQ on Porter Davis collapse
One of the 15 builders shortlisted by Porter Davis receivers Grant Thornton as able to assist deserted home buyers –
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David Devine leases unique space for sales suite
David Devine has leased the upper level of the North Burleigh Surf Life Saving Club as a sales suite for
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Virtical snares Darlinghurst pubs for a discount
MA Financial has made a loss divesting adjoining Darlinghurst pubs bought in late 2020 – ahead of what was a
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Collette Dinnigan lists luxury beach house
Designer Collette Dinnigan and her husband, prestige real estate agent, Bradley Cocks, have listed the luxury beachfront Rosedale home rebuilt
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Australian Unity offers Melbourne medical centre
Australian Unity has listed a modernised medical centre at Melbourne’s north east Lower Templestowe. The six storey, 5000 square metre
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Homes, aged care set for The Dunes back nine site
Brisbane developer Metacap is planning to replace a 170 hectare Port Hughes site – until a decade ago earmarked to
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