Vale Metricon co-founder Mario Biasin
Mario Biasin, who co-founded Metricon Homes in 1976, died this morning, aged 71. He was understood to have been suffering
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Sentinel spends $20.9m for maiden SA asset
Sentinel Property Group is paying $20.9 million for its maiden South Australian investment – the five level office component of
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Ex-rugby player shares in $10m pub spoil
Co-host of SEN Sydney’s Drive show, former rugby player, Bryan Fletcher, is part of a syndicate banking c$10 million from
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Feros swoops on Wagga Wagga pub
The Feros Group is outlaying close to $10 million for the Red Steer Hotel Motel, five kilometres north of Wagga
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Offshore developer acquires Junction Village block
An offshore developer has snapped up a permit-ready low density housing site at burgeoning Junction Village. Known as 41S Craig
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ISPT appoints new CEO
Chris Chapple (pictured, top) will replace Daryl Browning as ISPT chief executive officer at an as-yet-undisclosed date, expected to be
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Health giant leases ex-Bauer HQ
Monash Health has leased the 2000 square metre Oakleigh office occupied for most of the last three decades as Bauer
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ISPT digs deep for another Sunshine Coast mall
ISPT has acquired another mid-size Sunshine Coast shopping centre, this time for $30.5 million. The fully leased Caloundra Village, 20
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Mirvac swoops on lakeside Melbourne block
One of two undeveloped Queens Road sites – dubbed by agents as the street’s “missing teeth” – has sold for
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MAB snares 45ha Melbourne employment site
MAB Corporation has snapped up three adjoining Thompsons Road, Cranbourne East, sites with plans for a $400 million logistics park.
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Redcape divests Cremorne hotel for $39m
MA Financial backed Redcape has sold Cremorne’s Minskys Hotel after two decades. The freehold going concern for the asset, which
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Woolworths lists NSW South Coast asset
Woolworths has listed another near-new mall it anchors, this time on the NSW South Coast. The Bomaderry Shopping Centre, on
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Sydney hotel sells for record $530m
The recently refurbished Hilton Sydney has sold for c$530 million, a record price for an Australian hotel. Baring Private Equity
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Gravanis brothers buying Casino Canberra
Aquis Entertainment has entered an agreement to sell Casino Canberra to Bill and Mario Gravanis’ Oscars Hotels. The $52 million
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Sentinel lines up another Mackay asset
Warren Ebert’s Sentinel Property Group has entered negotiations for the Caneland Central shopping centre, in Mackay. Worth a speculated $350
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Ausgrid reaps $180m from inner south Sydney block
Ausgrid has sold a 2.86 hectare Zetland site to Deicorp which is planning a mixed use but predominantly residential development.
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Charter Hall expands Minto holding again
Charter Hall, on behalf of the Prime Industrial Fund, has quietly purchased another holding on Minto’s Airds Road. The 1.34
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Kumho doubles down in Sydney
Kumho Tyres will more than double the size of its Sydney distribution centre and storage facility, with the pre-commitment of
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HMC sells HomeCo Knoxfield
HMC Capital, the new name for HomeCo, has sold a Masters-converted large format retail investment at Melbourne’s east Knoxfield for
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Dexus offloads old servos to fund new ones
Dexus, as manager for the Convenience Retail REIT (DXC), has sold two older style Queensland service stations with plans to
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Developers snap up Mornington Village Shopping Centre
Angelo Property Group and Rathstation Group will team for another development after snapping up the Mornington Village Shopping Centre. The
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Education groups buy, rent Melbourne offices
Education groups have committed to two Melbourne office spaces. At South Morang, the Insight Institute of Further Studies has leased
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Cashed up exec snares historic Tarana Hotel
Businessman Byram Johnston and his wife, Deborah, are paying a speculated $5 million for the freehold going concern of the
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BFX spends again in Melbourne’s east
BaiFuXin Family Office (BFX) has picked up another east Melbourne development site. At 812-816 Glenferrie Road, Hawthorn, with a 14
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Nolan consolidates to Dandenong South HQ
Nolan Group will consolidate several south east locations, including its Dingley Village headquarters, to a Dandenong South office/warehouse (artist’s impression,
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Grollo family sell another suburban Melbourne office
The Grollo family has offloaded another trophy Melbourne investment as part of plans to meet Grocon debt repayment requirements. The
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Melbourne investor buying Gold Coast’s Palazzo Versace
Shakespeare Property Group, which with a sister company, Prime Value Asset Management, is led by Melbourne based investor Yak Yong
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AU divest another Parramatta office
Australian Unity has sold a Parramatta office for $87.25 million – a 4.5 per cent premium on its December, 2021,
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La Trobe chooses partner for $5b university development
La Trobe University has chosen Plenary – a partner it has worked with before – to deliver mixed-use product and
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Regional Victorian Bunnings fetches $18m
A Bunnings investment at Swan Hill, near the New South Wales border, has sold for just over $18 million reflecting
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