Woolworths secures Melbourne town centre site
Woolworths has quietly picked up the retail stake in a proposed Melbourne growth corridor mixed use project. Via development arm
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Billionaires lease entire new Melbourne office
INT.RE – the name since last year for Icon Developments – with Kajima Group and Zagame Property has secured a
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Fortis buys Collins Street office from receiver
Fortis has made its maiden Melbourne CBD play, picking up an office listed last month by Suleman Group receiver KordaMentha.
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Growthpoint sells Petrie Terrace’s The Barracks
Growthpoint has sold Petrie Terrace’s The Barracks mixed use complex, picked up with its takeover of Fortius Funds Management three
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Lawson Park Hotel, Regent Theatre sold
Lawson Park Hotel and the neighbouring Regent Theatre at Mudgee, 240 kilometres north west of Sydney, have sold to separate
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US timeshare giant buys Hepburn Springs resort
Florida based hospitality giant Travel & Leisure Co has bought Hepburn Springs’ recently renovated Hotel Bellinzona, now set to be
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Sydney convenience retail investment sold after 30 years
A prominent convenience retail investment west of Sydney leased to KFC and the Salvos sold at auction last week for
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Oscars invests again in Adelaide
Sydney based Bill and Mario Gravanis are continuing a push into Adelaide, this time via a large format hotel with
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Mitsubishi buys into $2b Darling Harbour project
Mitsubishi Real Estate has bought a half stake in a $2 billion apartment, office and retail complex, at Darling Harbour.
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Council quietly fills $80m warehouse bought for park
In a surprise move, the City of Sydney has found a tenant for an enormous property bought last year to
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Historic Firehouse Hotel sold
Sonnel Hospitality has snapped up North Sydney’s Firehouse Hotel. The freehold going concern for 86 Walker Street cost the group,
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Business hub to replace Ringwood factory
Charles Lloyd Group has quietly bought a development site in Ringwood’s small industrial precinct, which runs beside Eastlink and includes
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Chinese car giant leases ex-GMH proving ground
GWM, also known as Great Wall Motors, has leased the 877 hectare Lang Lang proving ground until recently owned by
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Singapore giant buys historic Melbourne hotel
Singapore based Fragrance Group has snapped up the historic Savoy Hotel on Little Collins Street. Following an off-market deal worth
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Apartments set for Gladesville shopping centre, surrounds
Third I will replace the tired Gladesville Shopping Centre and sites around it – all up 1.4 hectares – with
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Coles picks up growth corridor town centre site
Coles Group has snapped up a permit-ready town centre site in Melbourne’s south east. In a deal worth just under
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Deicorp spends $140m for Lindfield amalgamation
Deicorp has swooped on an amalgamation of low density homes in Sydney’s Lindfield with plans for apartments. In the unusual
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Woolworths secures mixed-use Canberra site
The Suburban Land Agency has awarded Woolworths’ development arm, Fabcot, the tender to develop a mixed-use complex within the master-planned
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Asian investors trade CBD building
A small but prominent CBD property, on the corner of King Street and Flinders Lane, has traded between Asia based
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IKEA buys store from landlord
Swedish retailer IKEA has bought its fastest growing Australian store from the landlord. The off-market $163.75 million deal for the
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Hong Kong giant buying another high profile Melbourne office
Dexus is believed to be shedding another modern office. The $254.5 million deal for Melbourne’s Flinders Gate, developed five years
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Agincourt Hotel sells after 25 years
A consortium including ex-publican Terry Reichel has sold Haymarket’s Agincourt Hotel after almost exactly 25 years. The c1898 three level
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Vicland lists lux Toorak office
Bill McNee’s Vicland has listed one of suburban Melbourne’s most successful new office developments – at Toorak. St Germain at
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Council buys another investment
EXCLUSIVE Barwon Investment Partners has sold a South Coast NSW medical centre after seven years. The asset manager is banking
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ESR, Up secure major industrial tenants
JOST Australia – a subsidiary of Germany’s JOST-Werke – will relocate its local headquarters within Melbourne’s west. The supplier of
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Dexus opportunity fund backs over-55s resort apartments
A Dexus opportunity fund which co-invests, co-develops and has a credit arm targeting projects traditional sources could be reluctant –
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Gina Rinehart’s Hancock Prospecting proposes $250m business hub, apartments
Hancock Prospecting, owned by Australia’s richest person, Gina Rinehart, is seeking to build a $250 million office and serviced apartment
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Gurner, HR Legal choose lux new South Yarra office for HQ
Alfasi Group has secured four tenants to a South Yarra office completed in December on a site for years owner-occupied
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Prominent Townsville car yard sells on third attempt
A prominent car yard a kilometre from the Townsville town centre has sold on its third attempt since 2022. Covering
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UBS locks four more tenants to ex-Australia on Collins
Four more tenants have committed to the ex-Australia on Collins shopping centre, also formerly known as St Collins Lane, which
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Taiwanese giant snaps up 5-star Melbourne hotel
Postscript: this deal didn’t proceed and in August, the hotel will sell to another Thai investor. Details here. Taiwan backed
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Chemist Warehouse execs dig deep for Oakleigh store
Executives for Chemist Warehouse, which was listed on the stock exchange February, have picked up another asset occupied by the
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La Trobe University kicks off $5b rebuild
Construction has started to rebuild La Trobe University’s Bundoora campus as a $5 billion education and innovation hub supported by
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Not for profit banks $21.6m for ex-HQ, laboratory
Kids Research Institute Australia has sold the Subiaco headquarters it quit seven years ago. The not for profit banked $21.55
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Morry Schwartz lists Collingwood pub with apartment permit
Morry Schwartz is selling a prominent Collingwood pub after failing to win approval to replace the airspace with an eight
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Country’s largest member-owned bank profits from ex-HQ sale
EXCLUSIVE Teachers Mutual Bank, for decades known as the Teachers Credit Union, has sold its former national headquarters, in Sydney.
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Brookfield sells Brisbane site after shelving BTR proposal
Brookfield has sold the prominent Portside Wharf retail and entertainment complex, ending a 22 year association. The fund manager is
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Vinnies pre-commits to Brisbane homemaker centre
POD Developments has pre-committed 85 per cent of a homemaker centre ahead of its completion this month. Vinnies is the
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Charter Hall completes first multi-level warehouse
One of the country’s biggest industrial landlords, Charter Hall, has completed the first of what it expects to be many
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Eureka picks up NSW all-age rental village
ASX-listed Eureka Group Holdings has used the proceeds of a capital raising five months ago to secure its second all-age
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ICD sells slice of $400m Market Square
ICD Property has quietly agreed to sell a piece of its $400 million Market Square project – replacing the Adelaide
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Julien Moussi snares historic Yarra Ranges pub
Café and bar owner Julien Moussi has bought another property to occupy, this time in the Yarra Ranges. In a
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Prized Paris End shop for surprise lease
One of Melbourne’s highest profile and distinctive commercial properties is for lease after Coles made the surprise decision to vacate
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Coronation spends $220m on BTR sites
Coronation Property has outlaid a speculated $220 million on two inner-city Sydney build to rent development sites. In the biggest
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Aldi sells ex-supermarket to hardware chain
Sydney Tools has snapped up a prominent ex-Aldi store in Brisbane’s south east Capalaba. The hardware retailer is paying the
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3M HQ trades on high yield
Quality Green Group has bought its maiden Sydney asset – a piece of North Ryde’s Riverside Corporate Park. With a
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Brookfield snaps up boutique hotel
Brookfield has quietly snapped up a three year old boutique hotel in Brisbane’s Fortitude Valley. The Canada based asset manager
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Former Lendlease executives snare Melbourne warehouse for apartments
A boutique apartment builder led by former Lendlease development director, Tim Campbell, and development manager, Stuart Kacir, has snapped up
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Charter Hall accepts discount for Canberra office
Charter Hall has sold a Canberra office acquired after the national lockdown. The federal government backed Doris Blackburn Building at
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Amart founder picks up Ipswich mall, dwellings
Amart founder, billionaire, John Van Lieshout, has acquired an Ipswich shopping centre and three adjoining residential properties from the family
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ISPT sheds another mall stake
ISPT is selling a half stake interest in another shopping centre – this time in a Melbourne growth corridor. The
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Developer lists gateway site with fresh ministerial permit
Four months after receiving ministerial approval to replace a gateway Melbourne site with three apartment buildings flanking a supermarket, the
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HMC buys unique inner-city mall
One of three triple-supermarket anchored neighbourhood shopping centres in Queensland – and 11 in the country – has found favour
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Melbourne Porsche dealerships collect $47m
PM Group, formerly known as Preston Motors Group, has divested two Melbourne Porsche dealerships after selling the businesses associated with
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Cromwell accepts small discount for office
Cromwell Funds Management has sold a sprawling inner north Brisbane office for $500,000 less than it paid in late 2017
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Accor chooses site for maiden Australian Hoxton
Accor will launch its Hoxton brand in Australia within a brick and glass tower, part of the redevelopment of the
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Melbourne’s ‘Bunnings hotel’ for sale
The hilltop Melbourne property come to be known since it was proposed five years ago as the ‘Bunnings hotel’ is
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Salvo, Mark Casey settle on enormous Melbourne site, launch housing estate
Europcar founder turned apartment developer, Mario Salvo, via Salvo Property Group, with Casey Capital, led by businessman Mark Casey, have
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Barristers’ Chambers buy another office from landlord
EXCLUSIVE Charter Hall has sold an under-utilised Melbourne legal precinct office to Barristers’ Chambers Limited, the biggest occupier, prior to
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Fund managers swap Melbourne office for dramatic discount
AFIAA has recorded a dramatic loss selling a major Melbourne CBD office it bought in August, 2017 – a property
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Developer buying historic Melbourne boot factory
One of the most under-utilised and arguably highest character properties in what has become Collingwood’s commercial epicentre is selling to
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Brunetti owner buys cafe, factory from landlord
EXCLUSIVE Brunetti Oro owner Yuri Angele has bought a sizeable inner north restaurant and commercial kitchen from his landlord of
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Terry Agnew accepts discount on Byron Bay site
Terry Agnew has sold a major Byron Bay development site for some $20 million less than the price he put
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Publican swoops on ex-train station first class lounge
EXCLUSIVE Publican and coffee house owner Julien Moussi has snapped up what could be his highest profile property – a
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‘Australia on Collins’ set for another rename following lease deals
The new owner of the troubled multi-level arcade for years known as Australia on Collins, UBS Asset Management Real Estate
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Developer swoops on another Melbourne golf course
An outgoing golf club in Cranbourne North, now a growth corridor suburb, will be replaced with a $1 billion-plus housing
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Shop top project to expand Byron Bay’s retail centre
Byron Bay’s commercial heart will spread a little further south with developer Jason Dunn and ex-Seek director, Robert Watson, winning
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Glenvill director lists swank Melbourne HQ
Glenvill director Len Warson is selling the swank Cremorne office he designed to better the glamorous Manhattan digs of Harvey
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Feros brothers buy another inner city pub
Dean and John Feros have bought another historic inner city pub to occupy. The freehold going concern of Paddington’s Unicorn
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Fund managers trade Brisbane riverfront office
EXCLUSIVE Centuria is selling Exceed Capital a fully leased office with development upside on the banks of the Brisbane River,
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Forza sells ex-CUB car park
EXCLUSIVE Forza Capital has turned a profit selling an ex-Carlton & United Breweries car park on the banks of the
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Mirvac takes hit on Sydney office stake
Mirvac has sold a half stake in a recently renovated Sydney office for a nine per cent discount to book
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Woolworths buys, sells retail assets
Woolworths has quietly bought a Melbourne shopping centre it anchors for some 45 per cent more than the landlord was
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‘5-star’ Melbourne city fringe office carries c$50m price hopes
After just completing one of the city fringe’s highest quality offices – while finding tenants to lease it – Willy
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A-grade office tower full after ‘history repeats’ retail deal
GMHBA has leased the balance of a near new office it co-owns with Quintessential. The healthcare group will open a
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Developer spends $6.3m for gateway Northern Rivers site
Melbourne developer Cadre, established by Chris and Nick Tyas, has snared a gateway Northern Rivers site with plans for a
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Taxi giant sells prominent Clifton Hill warehouse to StorHub
EXCLUSIVE The Gange family, which via its Gange Corporation is the state’s largest taxi operator with various brands including Silver Top,
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‘Mum and dad’ retail investments trade on sub 6pc yields
Two modern sub-$3 million strata retail investments each side of Melbourne sold this week – for similar yields. In Glen
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Pro-invest enters Australian co-living sector
Pro-invest Group will enter the co-living sector with a structure also including hospitality, arguably targeting wealthier occupants. The Flexible Living
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Icon spends $66m on ex-Universal Film studio
Icon Oceania with Icon Developments have outlaid $66 million for Sydney’s RCA House, also once the Universal Film studio. The
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