Dexus to co-develop landmark Boral site
Dexus will co-develop a landmark Melbourne site owned by Boral after a deal with Logos early last year didn’t proceed.
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Barings, Goodman trade west Sydney business park
Barings has settled on another industrial investment from Goodman. The Smithfield Industrial Estate, 28 kilometres west of Sydney, set it
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Investor doubles down in Windsor
An investor has outlaid $43.5 million for two neighbouring retail assets in Brisbane’s exclusive Windsor. In the most recent deal,
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NAB signs year’s biggest office lease deal
National Australia Bank has signed the country’s biggest office lease deal this year, renewing at its Docklands headquarters, held by
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EG buys east Melbourne business park
EG has quietly bought a Melbourne business park for its Private Wealth arm – and is selling a Queensland asset
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Co-living investment sets national unit price record
EXCLUSIVE Another inner-city Sydney co-living investment has sold, this time in Newtown. Following an off-market campaign, Affordable Habits is banking
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Quintessential eyes another Adelaide office
Quintessential is speculated to be eyeing another Adelaide CBD office. The 21 level building, 11 Waymouth Street, completed in 2007,
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Far East Consortium sells Ritz-Carlton stake
Far East Consortium has sold a half stake in Perth’s Ritz-Carlton. The c$100 million deal is with The Generation Essentials
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Alfasi family sell Brisbane base with a leaseback
Alfasi Hire has sold an Australia Trade Coast workshop and storage yard with a leaseback. The Alfasi family business is
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Billionaire sells landmark cattle station
Consolidated Pastoral Company has bought the Beetaloo Station aggregation – next to a cattle station it holds – from billionaire
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Dexus sheds $78m Sydney industrial investment
Dexus has sold another industrial investment seized with its takeover of AMP’s real estate and domestic infrastructure equity business two
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Bank turned health hub trades for $8.8m
A second sizeable Caloundra CBD property has sold in as many weeks. The ANZ Business Centre and bank, now a
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Victorian investors trade SA Woolies
Victorian investors have traded a Woolworths-backed shopping centre in South Australia’s second biggest city. The Mount Gambier asset, 145 Commercial
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Moree supermarket sold off-market
A freestanding Woolworths at Moree, a major agricultural centre with an established cotton growing industry, 630 kilometres north west of
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Avari divests major Melbourne warehouse
Avari Capital Partners has sold a major north Melbourne industrial investment acquired just before COVID. The asset manager is banking
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Modern Perth office/warehouse sells for $15m
An occupier is paying $15 million for a three year old office/warehouse in Perth’s north east. The deal for 17
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Goodman banks $63m from Melbourne site
EXCLUSIVE Goodman has turned an impressive profit selling the ex-Hella headquarters, in Melbourne, after seven years. Veres Property is the
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South west Sydney showroom fetches $29m
A sprawling gym turned showroom in south west Sydney – the site of a high-profile underground murder in 2018 –
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Barwon sells medical centre, gym before auction
Barwon Investment Partners has sold another asset from the Healthcare Property Fund, this time in Adelaide. The fund manager accepted
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Ryman shelves Mornington Peninsula aged care plan, sells site
Ryman Healthcare has quietly sold Mt Eliza’s historic Moondah estate – deciding against replacing the grounds with a high-density aged
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Dymocks sells major Melbourne office
Dymocks Group is close to selling a major Melbourne office held 11 years. Kokoda Property Group is speculated to be
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Blackfox secures modern logistics investment
EXCLUSIVE Blackfox has bought a distribution centre investment at Kooragang, north of Newcastle. The 3.24 hectare SP1 Special Activities zoned
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Plenary fills chunk of Footscray Hospital
Parkwood Green Medical has leased a large piece of a prominent office, part of the Footscray Hospital, nearing completion in
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Lindum, Stamford pick up two rundown Melbourne warehouses
Lindum Property Partners and Stamford Capital Investments have snapped up two neighbouring Melbourne industrial investments with repositioning upside. The blocks,
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Bernardi’s Marketplace Forbes sold with leaseback
The Bernardi family has sold the eponymous Marketplace Forbes with a 10 year initial leaseback. On 8461 square metres at
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Porter family sell outgoing Mitre 10 store
Clover Property Partners, a retail investment fund led by ex-agency directors, Mark Wizel and Lewis Tong, has snapped up a
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Growthpoint JV buys another asset
Growthpoint has added another investment to the Australian Logistics Partnership, majority owned by TPG Angelo Gordon. The 2.4 hectare Bundamba
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Dexus ups stake in Australia’s second biggest mall
Dexus has bought another 25 per cent stake in Westfield Chermside from SCentre Group. The deal is worth $683 million
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AV Jennings sells ex-Bunnings
AV Jennings has sold an ex-Bunnings warehouse after deciding to replace it with 761 apartments. The 2.55 hectare Mixed Use
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Kokoda snares trophy hotel from Jon Adgemis receiver
A liquidator for John Adgemis’ Public Hospitality Group has sold a high profile inner-city ex-State Bank, for 30 years a
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Council secures university to woolstore converted office
The City of South Sydney has secured the University of Notre Dame Australia to the ground, first and second level
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KordaMentha sells Woolworths anchored shopping centre
KM Property Funds has sold a modern, Woolworths anchored shopping centre in Adelaide’s north east. The Stables at Golden Grove
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Developer sells new co-living investment
A six storey co-living investment built in place of a commission house, on Sydney’s Lower North Shore, has sold. Botanic
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Robin Khuda buys two Melbourne sites for new business
Airtrunk founder Robin Khuda has snapped up two investments with development upside each side of Melbourne’s CBD. Via a new
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McDonald’s coming back to Puckle Street
EXCLUSIVE McDonald’s is coming back to Moonee Ponds after over three decades. The group is refitting a 435 square metre
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Charter Hall lines up three more malls
Vicinity is speculated to be selling three of its smaller regional shopping centres to Charter Hall for a total c$250
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Arcare buys another development site
The Knowles family’s Arcare has bought another development site, this time in Brisbane’s Moreton Bay. The Melbourne-based boutique aged care
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Fitzroy’s Acme factory sold, set for development
The Jacka family has sold the prominent Fitzroy warehouse converted office since the 1990s home to the Southern School for
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Ausbuild buys another Brisbane site
Ausbuild has bought its second Brisbane development site in as many months. The 2.18 hectare parcel, 260 and 280 Ridley
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Newmark buys VicRoads testing and inspection centre
Newmark Capital has bought a VicRoads testing and inspection centre for a diversified fund it seized control of in June.
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Asset managers trade Victorian tourist park
Equinox has sold one of two Victorian tourist accommodation villages bought in 2019. ASX-listed Eureka Group is the buyer: the
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Developer drops $12m for Toowoomba block
Boldstone has bought another Toowoomba housing estate site. The Brisbane based builder paid $12.15 million for the four hectare block,
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Billionaire family buy landmark mall, hotel
Forest Endeavour, controlled by the billionaire Lin family, also owners of Shayher Group, has snapped up a landmark Surfers Paradise
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Paul Lederer secures major campus-style office
Paul Lederer is buying a major campus style office in Canberra’s geographic centre. The Yaradhang Building on 1.04 hectares at
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EG sells Gold Coast’s Forum site
EG Funds has sold Surfers Paradise’s prominent Forum complex after deciding against replacing the site with two towers, of 72
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Asset manager doubles down in Prestons
Centennial has bought another major Prestons industrial investment. The 1.76 hectare IN3 Heavy Industrial zoned asset, 6 Ash Road, set
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Ex-George Weston Foods plant trades for $40m
A sprawling west Sydney office/warehouse has traded between occupiers for $40 million. Don Watson’s Coldstores has held 213 Newton Road,
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ISPT banks $230m from office stake
ISPT has sold a half interest in a prominent Brisbane’s CBD skyscraper, ending 18 years of sole ownership. Singapore-based Aravest,
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Occupier offloads Perth sites after 30 years
Two properties at the top of Perth’s CBD, owner-occupied for over 30 years by Asian supermarket, Lucky Import and Export,
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Record price paid for ex-CQU office
A rural office – years ago owner-occupied by Central Queensland University – has sold to Powercat Group. The result for
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QIC sheds Adelaide investment
QIC is selling a major north Adelaide industrial investment after nearly a decade. The 4.57 hectare asset, 281-301 Grand Junction
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RM Capital drops $20m on Sunshine Coast offices
RM Capital, the investment management arm of RM Developments, has bought two Sunshine Coast offices. In the biggest deal the
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Eldercare buys luxury aged care complex
Eldercare has bought a luxury aged care complex in Adelaide’s inner north west Findon. The $68 million Livewell by Aura
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Not for profit sells prime Tweed Heads site
The Uniting Church of Australia has sold a prominent Tweed Heads site which until a decade ago accommodated a Blue
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Centuria takes over $444m agriculture fund
Centuria Capital Group has bought Arrow Funds Management, the responsible entity behind the unlisted Arrow Primary Infrastructure Fund. The off-market
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Asset managers trade $182m homemaker centre
Growthpoint and Blackrock APAC Real Estate have sold a lower north shore homemaker centre after seven years. The asset managers
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Amart founder sells triple supermarket anchored mall
Charter Hall has bought another triple supermarket anchored mall, this time on the Gold Coast. Southport Park Shopping Centre was
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Home owners unite, sell to developer
Twelve Rose Bay home owners will each bank over $15 million after banding with neighbours and selling to a developer,
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Offshore investor snares $8.5m Melbourne childcare centre
Two major childcare centre sales were concluded late last month. In the priciest deal, a Malaysia based investor paid $8.5
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Developer doubles money on Sunshine Coast block
Henzell Property has sold a waterfront Sunshine Coast development site after four and a half years. The local builder has
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Revelop secures lower north shore mall
Revelop has bought the retail component of a residential-based mixed use project, on Sydney’s lower north shore. Mall 88, completed two
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Billionaires trade eastern suburb office
John Symond has settled on the sale of an east Sydney office held four years. The Aussie Home Loans founder
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UniLodge sold to Japan’s Samty
Samty Holdings has agreed to buy a majority stake in UniLodge from Pamoja Capital. The deal, speculated to be worth
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Singapore developer sells boarding house
Singapore’s Unitas Premier has sold The Barker Residence student apartment complex (pictured, top), opposite the University of Sydney’s main campus.
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James Packer, Chapter buy another blue ribbon site
James Packer’s NPACT with Chapter Group have unveiled plans for an outgoing ULR Range Rover and Jaguar car dealership in
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Developer buys mansion dubbed Brighton Town Hall
Lowe Living has swooped on the imposing mansion dubbed Brighton Town Hall. The 3200 square metre holding at 2 Kinane
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Mortgagee sells another Lion project
A mortgagee has sold another incomplete Lion Development Group project – this time in Melbourne’s south east. With six townhouses,
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Historic South Yarra hairdresser trades for $6.2m
The historic building South Yarra building occupied 20 years by the Joey Scandizzo Salon sold at auction yesterday. The $6.151
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Major Hobart CBD office sold
A state government and ANZ bank backed office with development upside has traded in Hobart’s CBD. The 3076 square metre
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Melbourne QSR asset collects $14m
A new quick service retail investment in south east Melbourne has sold for $14 million – a 5.61 per cent
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Southern Highlands IGA sold off-market
The Moss Vale IGA, part of which is fit out with an Australia Post, has sold off-market. At 11-13 Clarence
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Developer buys part-complete Perth project
Griffin Group has swooped on a Como development site – part with foundations laid or 10 townhouses. The 4252 square
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GPT fills more of CBD office under construction
The GPT Group has filled more of the two tower 51 Flinders Lane office complex, under construction in Melbourne’s CBD.
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Lendlease sells Australia Post distribution centre
Lendlease has quietly sold a north Adelaide industrial investment. The 2.3 hectare Australia Post distribution centre, 3-9 Birralee Road, Regency
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Plastic surgeon institute buys base
The Melbourne Institute of Plastic Surgery has bought four strata offices forming the ground floor of an Abbotsford apartment complex,
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Southern hemisphere’s largest hydroponic glasshouse sold
Centuria has significantly boosted the value of its agriculture fund following a $168 million off-market deal for the southern hemisphere’s
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Government banks $7.7m from industrial site
Renewal SA has sold another north Adelaide industrial development site. The 2.9 hectare parcel, Lot 502, or 6, Gidgie Court,
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Mapletree fills chunk of ex-Coles distribution centre
Mapletree has filled the bulk of the ex-Coles Forest Lake Distribution Centre, which it bought for $102 million in 2018
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Melbourne childcare centre fetches $10m
Sydney based asset manager Rethink Investing has swooped on a south east Melbourne childcare centre leased until 2065 with options.
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Logistics group leases 41,000 sqm warehouse
Icehouse Logistics Group, or IHL, has committed to one of the larger buildings at Fraser Property Industrial’s 112 hectare Eastern
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