Developers move on three Gold Coast projects
Developers – one backed by royalty – are proceeding with plans for two Gold Coast apartment towers and a hotel.
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School leases site of Australia’s first RSEA
NECA Education & Careers has leased the Dandenong property which was RSEA Safety’s first store. The school and employment agent
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Hines snares Honda sites
EXCLUSIVE Hines, for its Asia Property Partners (HAPP) fund, has purchased two soon-to-be vacated north Melbourne industrial investments from Honda.
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Charter Hall snaps up Collins Place with development plan
Charter Hall has quietly purchased the freehold to the 1.34 hectare Collins Place complex, in Melbourne’s exclusive eastern core, for
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Universal makes tactical Avalon play
Andrew Sirianni’s Universal Corporation has picked up a major Avalon farm which has been on and off the market for
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Investors splash out on East Melbourne sites
Three low rise East Melbourne properties have traded for a speculated total of over $45 million. In the most recent
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Werribee bank trades at record yield
A bank investment with development upside in Werribee’s central commercial precinct has sold for $7.01 million reflecting a 3.75 per
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Cromwell sells Brisbane HQ to Melbourne fund manager
Cromwell has sold a modernised Brisbane office for $108.5 million – an 8.1 per cent premium after adjustments to its
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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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Timperley family bids Byron Bay corner farewell after 90 years
A prominent retail asset in the heart of Byron Bay, held by the Timperley family for some nine decades, has
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GeelongPort sold for c$1.2b
Palisade Investment Partners has made its second major infrastructure purchase in two months – teaming with Spirit Super to acquire
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Telstra commits to landmark Adelaide office
Telstra will relocate its Adelaide headquarters to Charter Hall’s 60 King William Street. The 10 year deal is for 6000
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Qualitas seeks to float
Qualitas, founded in 2008 by Andrew Schwartz and owned in equal part with backer Trawalla Group, directed by Alan and
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Government sells site beside Bolte Bridge for BTR apartments
Development Victoria has sold Samma Property Group and Brightlight a major site at the north east corner of Lorimer Street
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VinFast to sell ex-GMH Lang Lang proving ground
Two months after announcing it would not launch in Australia, VinFast is selling its landmark Lang Lang proving ground. The
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Mirvac proposes Docklands’ tallest apartment tower
Mirvac has applied to construct Docklands’ tallest residential building yet. The 45 level proposal, known in planning circles as Tower
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Tenant buys Ringwood car dealership
The operators of Ringwood Mazda have paid $15 million for the dealership and service centre they have occupied for two
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Fishermans Bend sites collecting $100m-plus
Two major Fishermans Bend sites are selling for a total of over $100 million. In the biggest deal, a modern,
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Creative Cubes leases Carlton ex-supermarket
Co-work outfit Creative Cubes has leased nearly 2000 square metres at Banco Group’s Lygon Court. The Carlton venue will be
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Makita buys Melbourne distribution centre site
Makita has purchased a six hectare Truganina site with plans for a distribution and service centre. The land forms part
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David Feldman sells prominent West Gate servo
Wingate has purchased a convenience retail investment built on the West Gate Bridge toll collection facility, in Port Melbourne. At
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Byron Bay’s Great Northern, Lanteen Lane Hotel sold
The Mooney family has sold Byron Bay’s Great Northern Hotel and neighbouring Lanteen Lane Hotel – for a speculated price
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SCA acquires second Newcastle shopping centre in a week
SCA Property Group has purchased its second sub-regional Newcastle shopping centre in a week. Marketown – which turns 10 years
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SCA buys Raymond Terrace shopping centre
SCA Property Group has entered a put and call option deed for a Newcastle region shopping centre. Exercisable after July
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Ascendas banks $125.1m from three logistics investments
Ascendas Reit has agreed to sell three east coast industrial investments for a total of $125.1 million. The disposals –
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Mercato on Byron, land trades for c$120m
Wingate and Azzura Investments have sold a Byron Bay shopping centre and neighbouring development site for a speculated c$120 million.
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Renewal SA awards contract for Adelaide Botanic Garden office
Renewal SA has awarded Quintessential Equity the contract to build and own a 16-level office overlooking Adelaide Botanic Garden. The
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Newcomb shopping centre sells for c$38m
Shopping centre Bellarine Village, in Geelong’s inner east Newcomb, is selling again. A local investor is speculated to be spending
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Altona North handling facility site sells for $21m
An Altona North site near the Princes Freeway/Western Ring Road junction has sold for over $21 million. The 7.14 hectare
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ESR banks $32m in west Sydney
ESR Australia has sold an office/warehouse in Sydney’s west. The Fairfield East property, 44-46 Mandarin Street, is trading to a
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