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Industrial New South Wales News 

Kemps Creek industrial park first to receive top green rating

June 8, 2023June 14, 2023 Marc Pallisco

A $1 billion industrial estate in Sydney’s west has become the country’s first to be awarded the highest rating from

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Land News Residential Victoria 

Oreana snares riverfront housing estate site

May 17, 2023May 18, 2023 Marc Pallisco

EXCLUSIVE Oreana Property Group has bought a low density housing estate site at Wyndham Vale, a growth corridor suburb 31

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Industrial New South Wales News 

Toll pre-commits to its largest Australian distribution centre

May 3, 2023May 3, 2023 Marc Pallisco

Toll Group has pre-committed to what will be its biggest Australian distribution and fulfilment centre. Covering 10.8 hectares – or

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Industrial News Victoria 

Austrans lease warehouse beside intermodal terminal

April 29, 2023April 29, 2023 Marc Pallisco

Austrans – which for six months in 2017 was owned by Qube – has leased a major warehouse under construction

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Industrial News Queensland 

Isuzu snares wrecking yard from Centennial

April 18, 2023April 19, 2023 Marc Pallisco

Centennial has sold a former wrecking yard at Stapylton to Brisbane Isuzu which plans to occupy. In the Yatala Enterprise

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Industrial News Queensland Victoria 

National Tiles signs up for two distribution centres

April 17, 2023April 17, 2023 Marc Pallisco

Frasers Property Industrial has pre-committed National Tiles – a tenant client since late 2016 – to two east coast distribution

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National News 

Bob Johnston to quit GPT

February 11, 2023February 14, 2023 Marc Pallisco

The GPT Group chief executive officer and managing director, Bob Johnston (pictured, top), will retire by the end of the

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News Residential Retail Victoria 

McDonald’s sells growth corridor town centre site

February 8, 2023February 14, 2023 Marc Pallisco

EXCLUSIVE After slicing a corner for itself, McDonald’s has sold the balance of a site earmarked, with another across the

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Industrial News Victoria 

Leather carer to develop distribution centre

February 3, 2023February 3, 2023 Marc Pallisco

Shoe and leather care product maker Waproo will develop a distribution centre on a Truganina site it just acquired for

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New South Wales News Residential 

Atlassian, Dexus, Toga partner for homelessness initiative

February 3, 2023February 3, 2023 Marc Pallisco

Part of the city’s former Adina Sydney Central hotel will be converted into short term accommodation for at-risk youths and

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Industrial New South Wales News Office Queensland South Australia Victoria 

Dexus sells five more properties

December 23, 2022December 23, 2022 Marc Pallisco

Dexus has concluded another round of disposals – including an East Melbourne office for $213.7 million. Two Brisbane warehouses and

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Industrial News Victoria 

Industrial developer secures Dandenong South drive-in

December 13, 2022December 15, 2022 Marc Pallisco

Local heavyweight Pellicano has swooped on a major south east Melbourne industrial development site, outlaying a speculated $40 million. The

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Hotels New South Wales News 

Capsule hotel collects $13.5m

November 26, 2022November 29, 2022 Marc Pallisco

One of a handful of Australian capsule hotels – built into a small seven storey Haymarket building – is speculated

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New South Wales News Office 

AMP, HB+B divest Chippendale office

November 24, 2022November 24, 2022 Marc Pallisco

AMP Capital and HB+B Property have divested a Chippendale office for an impressive capital gain. At 55-59 Regent Street, the

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Industrial News Victoria 

Occupiers spend over $18m in Truganina

November 23, 2022November 24, 2022 Marc Pallisco

Occupiers have swooped on two Truganina industrial assets. In the biggest deal, Success Logistics paid $13.5 million for a 5061

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Industrial News Victoria 

Braeside warehouses trade with a leaseback

November 17, 2022November 17, 2022 Marc Pallisco

Food packaging manufacturer Caspak has sold its new Braeside headquarters with a five year leaseback. The two connected buildings, offered

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Industrial New South Wales News Queensland Retail 

Dexus banks $377m from Sydney, Brisbane investments

November 10, 2022November 16, 2022 Marc Pallisco

Dexus has sold four major east coast investments. In the biggest deal, the group is banking $118.5 million from Gateway

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Industrial News Queensland 

CEVA to establish Queensland HQ

November 6, 2022November 6, 2022 Marc Pallisco

CEVA Logistics has pre-committed to another ESR business park, this time, Berrinba’s Gilmore Industrial Estate, 25 kilometres south of Brisbane.

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Industrial News Victoria 

Biggest of Australia’s 12 drive-ins for sale as development site

November 4, 2022December 15, 2022 Marc Pallisco

One of three Melbourne drive-in theatres, and 12 in Australia, is for sale as an industrial development site. The Lunar,

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Industrial New South Wales News 

Gateway WSA site hits the market

November 1, 2022November 1, 2022 Marc Pallisco

An enormous commercial development site opposite the south west boundary of the Western Sydney Airport, at Luddenham, has hit the

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New South Wales News Office 

Council approves $3b Central station project

October 25, 2022November 8, 2022 Marc Pallisco

The City of Sydney has given the green light for two more skyscrapers – of 37 and 35 floors –

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Industrial New South Wales News Queensland Victoria 

Greystar snares five east coast industrial sites

October 20, 2022October 21, 2022 Marc Pallisco

Greystar has established an Australian industrial development pipeline with the purchase of five east coast assets. At 26 Ferndell Street,

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Industrial News Queensland 

Goodyear pre-commits to Brisbane warehouse

October 7, 2022October 8, 2022 Marc Pallisco

Frasers Property Industrial has secured Goodyear, an existing tenant client, as the first pre-commitment at its Vantage Yatala estate, in

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Industrial News Victoria 

Developer snaps up central Truganina site

September 6, 2022September 6, 2022 Marc Pallisco

An industrial developer has acquired a 2.1 hectare central Truganina site for $15 million. The land is one of the

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Hotels New South Wales News 

Ex-Wallaby scores another Sydney pub

August 10, 2022August 10, 2022 Marc Pallisco

Ex Wallaby Bill Young has added to his hotel portfolio – which is entirely in New South Wales – picking

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News Office Queensland 

Bloomberg buys into Newstead

July 13, 2022July 14, 2022 Marc Pallisco

Bloomberg Incorporation Limited has picked up a low-rise mixed-use building at Newstead’s Gasworks precinct, in Brisbane’s inner north east. At

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Industrial News Victoria 

Décor consolidates from two sides of town

July 11, 2022July 11, 2022 Marc Pallisco

Décor will consolidate an office and distribution centre at opposite ends of town to a single Dandenong South base. The plastics

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News Office Queensland 

Chevron HQ fetches $46.5m

July 5, 2022July 5, 2022 Marc Pallisco

RF Corval has offloaded a fully-let Hamilton office picked up on a funds through basis in 2015. The four storey

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Industrial News Victoria 

Developers spend $77m in Cobblebank

June 9, 2022June 11, 2022 Marc Pallisco

Developers have swooped on three major industrial sites in Cobblebank’s Ferris Road. At #54-76, an entity led by Perth based

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Industrial News Victoria 

Nolan consolidates to Dandenong South HQ

May 9, 2022May 9, 2022 Marc Pallisco

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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Industrial News Victoria 

Silk expands in Melbourne’s west

April 26, 2022April 26, 2022 Marc Pallisco

Silk Contracts Logistics has rented a second west Melbourne warehouse from Frasers Property Industrial. The 12,726 square metre facility, under

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Industrial News Victoria 

RMA leases Mickleham warehouse

April 14, 2022April 14, 2022 Marc Pallisco

Dexus is the latest landlord to be rewarded for building a large warehouse on a speculative basis, securing a lease

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Industrial New South Wales News 

Lineage acquires west Sydney site for $250m cold storage warehouse

March 9, 2022March 10, 2022 Marc Pallisco

Lineage Logistics has acquired a seven hectare site within Mirvac’s Aspect Industrial Estate, at Kemps Creek. The Michigan based distribution

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Land News Victoria 

Major south east Melbourne infill site to fetch over $250m

March 3, 2022March 3, 2022 Marc Pallisco

A prominent south east Melbourne retail and commercial investment recently rezoned for a $1 billion-plus mixed-use but predominantly residential “precinct

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News Residential Victoria 

Colin DeLutis lists parkside Brunswick East site

February 24, 2022February 24, 2022 Marc Pallisco

Colin DeLutis is selling a parkside Brunswick East development site acquired in 1977 as part of his Westco Jeans empire.

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Industrial News Victoria 

Panel beater leases ex-Mazda distribution centre

February 23, 2022February 24, 2022 Marc Pallisco

Charter Hall has secured collision repair and parts provider AMA Group to the Somerton Logistics Estate in Melbourne’s north. The

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National News 

WBHO calls in administrator for Probuild

February 23, 2022February 24, 2022 Marc Pallisco

Probuild has told its national workforce to down tools, with its parent, Johannesburg listed Wilson Bayly Holmes-Ovcon Limited (WBHO), putting

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Land News Victoria 

Developers snap up two outer Melbourne commercial sites

December 14, 2021December 15, 2021 Marc Pallisco

Developers have outlaid about $80m for two commercial development sites in Melbourne’s outer suburbs. In the biggest deal, Sydney builder

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Industrial News Office Victoria Western Australia 

Irongate invests $156m in Perth, Melbourne

December 10, 2021March 2, 2023 Marc Pallisco

Irongate (IAP) is paying $26 million for a business park in Perth’s Bibra Lake. The deal for 16 Aspiration Court

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Industrial News Victoria 

Panel maker leases warehouse in ‘CBD of the north’

December 9, 2021December 9, 2021 Marc Pallisco

Creative Composites, which manufactures panels for recreational vehicles (RVs) and the construction industry, has leased an Epping warehouse about to

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Essential services National News 

Ampol servos collect $73.5m

December 1, 2021December 1, 2021 Marc Pallisco

Charter Hall has snapped up a 49 per cent stake in another portfolio of Ampol service stations. The 20 assets

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Industrial News Victoria 

Dandenong South warehouse sells for $20m

November 15, 2021November 15, 2021 Marc Pallisco

A land rich Dandenong South industrial investment has sold for c$20 million reflecting a 3.25 per cent yield. Despite its

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A.C.T. News Office 

Irongate offloads Canberra office

November 5, 2021November 7, 2021 Marc Pallisco

Investec Australia Property Fund managed Irongate Group (IAP) has sold a Canberra office leased to the Attorney General department after

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New South Wales News Office Queensland 

Dexus banking c$1.7b from offices

October 27, 2021October 30, 2021 Marc Pallisco

Dexus is selling six office investments for a speculated total of close to $1.7 billion. Four of the assets –

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Industrial News Queensland 

Phoenix Transport expands in Berrinba

October 24, 2021October 26, 2021 Marc Pallisco

Phoenix Transport has leased a modern Berrinba warehouse held by ARA LOGOS Logistics Trust. The occupier has committed for an

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Industrial News Victoria 

Goodman secures kombucha maker to Power Park

October 20, 2021October 20, 2021 Marc Pallisco

Goodman has secured Remedy Drinks – Australia’s largest kombucha maker – to its 52 hectare Power Park Industrial Estate, in

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Land News Victoria 

Yarraville’s Bradmill site sells again

September 7, 2021October 30, 2021 Marc Pallisco

Frasers Property Australia in partnership with Irongate Group is paying a speculated $225 million for Yarraville’s former Bradmill site and

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Land New South Wales News 

State government banks c$135m from Macquarie Park blocks

August 29, 2021August 30, 2021 Marc Pallisco

Landmark Group is paying Landcom more than $135 million for a 1.85 hectare high-density residential development site in Macquarie Park.

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Industrial News Victoria 

Makita buys Melbourne distribution centre site

August 16, 2021August 17, 2021 Marc Pallisco

Makita has purchased a six hectare Truganina site with plans for a distribution and service centre. The land forms part

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Land News Victoria 

Mirvac expands at Clyde North

August 10, 2021August 11, 2021 Marc Pallisco

Mirvac is understood to be paying c$70 million for a low-density housing site at Clyde North. The 30 hectare irregular

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Industrial New South Wales News 

NextDC spends $124m for data centre plot

July 29, 2021July 29, 2021 Marc Pallisco

NextDC has acquired another west Sydney block for a data centre. The 12.4 hectare parcel – until recently part of

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New South Wales News Office 

Atlassian HQ to open by 2026

July 20, 2021July 21, 2021 Marc Pallisco

Atlassian will retain a stake in its next headquarters, construction of which will start next year. As speculated 10 months

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News Residential Victoria 

ISPT tries again to replace Kingswood Golf Club

July 8, 2021July 9, 2021 Marc Pallisco

ISPT is a step closer to replacing Dingley Village’s Kingswood Golf Club with a housing estate (artist’s impression, top) –

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New South Wales News Office 

Macquarie Park office/showroom collects $55m

July 4, 2021July 6, 2021 Marc Pallisco

RF Corval has sold a Macquarie Park office for $55 million. The deal, with Charter Hall for its Deep Value

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Industrial News Victoria 

CIL picks up ex-Furniture Galore HQ

June 30, 2021July 19, 2021 Marc Pallisco

Furniture Galore has sold its outgoing headquarters – which also includes a showroom and warehouse – to Centennial Industrial and

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Industrial News Queensland Victoria 

Ascendas banks $125.1m from three logistics investments

June 4, 2021June 6, 2021 Marc Pallisco

Ascendas Reit has agreed to sell three east coast industrial investments for a total of $125.1 million. The disposals –

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Industrial New South Wales News 

Lendlease spends $130.1m on Best & Less warehouse

May 24, 2021May 27, 2021 Marc Pallisco

Lendlease is paying $130.1 million – a price which reflects a 3.62 per cent yield – for an Eastern Creek

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News Victoria 

Permit ready Tarneit housing block earns $4.5m

May 6, 2021May 7, 2021 Marc Pallisco

A small low-density housing site wedged between larger estates controlled by Dahua and LLT Developments has sold for $4.5 million.

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New South Wales News Victoria 

LOGOS completes $330m estate with H&M warehouse

April 29, 2021April 29, 2021 Marc Pallisco

Two years after breaking ground, LOGOS has completed its seventh and final building at the Marsden Park Logistics Estate. The

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New South Wales News Queensland South Australia Victoria Western Australia 

ESR spends $3.8b on Australian logistics portfolio

April 18, 2021October 25, 2021 Marc Pallisco

ESR Australia is paying $3.8 billion – the highest price outlaid in one line for a collection of Australian property

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New South Wales News 

Techtronic Industries commits to landmark Sydney shed

April 7, 2021April 28, 2021 Marc Pallisco

Techtronic Industries (TTI) has pre-committed to a 73,920 square metre distribution centre at Sydney’s Orchard Hills. The group is the

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News Victoria 

Beauty brand commits to Clayton factory

March 3, 2021March 8, 2021 Marc Pallisco

Wellness business BWX will expand in Melbourne, committing to a manufacturing plant at south east Clayton. The occupier was considering

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News Victoria 

Tabcorp collects $9.6m from redundant warehouse

February 4, 2021February 4, 2021 Marc Pallisco

Tabcorp has banked $9.6 million from a former gaming warehouse in Dandenong South. The ASX-listed entertainment group paid $6m for

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New South Wales News 

Government approves $1b-plus west Sydney industrial park

January 26, 2021January 27, 2021 Marc Pallisco

NSW planning and public spaces minister Rob Stokes has approved the first stage of a $1 billion-plus Orchard Hills industrial

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News Victoria 

Dandenong South warehouses collect $15.5m

January 21, 2021July 25, 2024 Marc Pallisco

An investment in Dandenong South – considered Melbourne’s most exclusive industrial region outside of the inner-city to rent or buy

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New South Wales News 

Investa, Manulife spend c$800m on Sydney CBD office

January 21, 2021January 22, 2021 Marc Pallisco

Macquarie Group Limited has sold an undeveloped Sydney office to a 50:50 venture comprising Investa Commercial Property Fund and Manulife.

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New South Wales News 

Surry Hills blocks collect $33m from developer

January 19, 2021January 19, 2021 Marc Pallisco

Two neighbouring low-rise Surry Hills commercial buildings, leased to amongst others, a backpackers and takeaway restaurants, have sold to a

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News Victoria 

HealthShare Victoria rents Derrimut warehouse from Primewest

December 28, 2020December 28, 2020 Marc Pallisco

HealthShare Victoria – which Jenny Mikakos unveiled three days before resigning as health minister in September – has rented a

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News Queensland 

GPT sells Woolworths-anchored Stapylton distribution centre for $65.52m

December 24, 2020January 4, 2021 Marc Pallisco

The GPT Group has sold a multi-tenanted Stapylton industrial investment to APN Industria REIT for $65.52 million, reflecting a 5.67

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News Queensland 

Pacific Optics to consolidate at Yatala Central factory with a basketball court

November 30, 2020November 30, 2020 Marc Pallisco

Pacific Optics Pty Ltd will consolidate three south east Queensland facilities after leasing a factory under construction at Frasers Property

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News Western Australia 

Andrew Forrest’s Fiveight outlays $55m for Perth CBD office

November 11, 2020November 11, 2020 Marc Pallisco

Credit Suisse is selling a Perth CBD office to Fiveight, one of six business arms managed by Tattarang, the private

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New South Wales News 

CSR sells 8.6ha slice of Horsley Park plant

October 13, 2020July 29, 2021 Marc Pallisco

CSR Limited has sold another piece of its soon-to-close PGH Bricks plant in Horsley Park – for $84.3 million. The

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News Victoria 

Greenvale childcare centre site sells for $2.2m

October 8, 2020October 8, 2020 Marc Pallisco

A permit-ready childcare centre site at the edge of Frasers Property Australia’s Greenvale Gardens housing estate, in Melbourne’s north, has

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News Victoria 

Stockland in c$180m play for Clyde North farm

September 28, 2020September 28, 2020 Marc Pallisco

Stockland is negotiating to buy a 130.7 hectare low density housing site almost next door to one it recently started

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New South Wales News 

Western Sydney Parklands Trust offers Eastern Creek industrial site

September 23, 2020September 26, 2020 Marc Pallisco

Western Sydney Parklands Trust is seeking a development partner, or one to take a ground lease, for all or part

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News Victoria 

Fenner Dunlop’s Belle Banne pre-commits to Salta’s Nexus Industrial Estate

August 4, 2020August 5, 2020 Marc Pallisco

Salta Properties has pre-committed an arm of Fenner Dunlop, the world’s biggest manufacturer of conveyor belting for mining and industrial

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News Victoria 

GPT outlays $34m on Truganina industrial site, seeks pre-commitments

July 15, 2020July 16, 2020 Marc Pallisco

GPT Group has paid $34 million for a farm in Melbourne’s west, with plans for a state-of-the-art industrial estate. The

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New South Wales News 

Pelligra sells Yennora factory to Ascendas REIT for $23.5m

July 5, 2020July 8, 2020 Marc Pallisco

Singapore listed Ascendas REIT is paying $23.5 million on a funds-through basis for a distribution centre in Sydney’s west. The

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News Victoria 

IVE Group pre-commits to second Braeside Industrial Estate warehouse

July 3, 2020July 6, 2020 Marc Pallisco

Sixteen months after pre-committing to a warehouse within Frasers Property Industrial’s Braeside Industrial Estate, in Melbourne’s south east, IVE Group

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New South Wales News 

Singapore’s Peakstone makes Dexus $530m offer for 45 Clarence Street

June 24, 2020June 25, 2020 Marc Pallisco

Singapore based Peakstone is paying Dexus $530 million for a renovated 30-year old building at 45 Clarence Street, at the

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