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News Victoria 

Fishermans Bend site sought for water recycling plant

April 29, 2021April 30, 2021 Marc Pallisco

EXCLUSIVE South East Water is seeking a Fishermans Bend development site for a water recycling facility. The utility giant this

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News Victoria 

Centuria buys Dandenong South industrial park

April 30, 2021April 30, 2021 Marc Pallisco

Centuria Industrial REIT (CIP) has purchased a Dandenong South business park on a funds-through basis. The $88.8 million project (impression,

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News Queensland 

Blackstone sells Toowoomba shopping centre for $145m

April 28, 2021May 12, 2021 Marc Pallisco

Blackstone has offloaded Toowoomba’s Clifford Gardens shopping centre for $145 million. The price reflects a major drop on the $188.5m

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New South Wales News 

Hampton banks $14.5m from essential services investment

April 28, 2021April 28, 2021 Marc Pallisco

Hampton Property Group – which develops east coast medical centres – has sold one of its newest projects for $14.5

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New South Wales News 

Jerry Schwartz pockets $150m from Sydney hotel

April 29, 2021April 29, 2021 Marc Pallisco

KSL Capital is paying $150 million for Chippendale’s Four Points by Sheraton. The three year old hotel with 297 suites

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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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News Victoria 

Justin Hemmes comes to Melbourne with Tomasetti House buy

April 27, 2021May 8, 2021 Marc Pallisco

Justin Hemmes will trade in Melbourne after snapping up the CBD’s distinctive Tomasetti House for $43 million. The director of

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News Western Australia 

BlackRock, Primewest spend $260m on Perth office

April 28, 2021April 28, 2021 Marc Pallisco

A BlackRock Real Assets advised fund, in a new partnership with Primewest, is paying $260 million for a Perth CBD

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News Queensland 

Office converted childcare centre collects $8.4m

April 28, 2021April 28, 2021 Marc Pallisco

Clarence Property has paid $8.435 million for an office converted childcare centre in Brisbane’s inner west Milton. The three level

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News Queensland South Australia 

Irongate buys another two Brisbane assets

April 28, 2021April 29, 2021 Marc Pallisco

Irongate Group (IAP) has acquired two Brisbane industrial investments on a funds-through basis. The properties, in Kingston (pictured, top) and

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New South Wales News 

New convenience investment fetches $8.05m

April 28, 2021April 28, 2021 Marc Pallisco

A new convenience investment at Bomaderry, near Nowra, has traded for $8.05 million – a price which reflects a 4.66

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News Victoria 

South Yarra’s busiest corner for sale

April 27, 2021April 27, 2021 Marc Pallisco

A row of four shops at what could be South Yarra’s busiest corner for pedestrian traffic, is for sale. Covering

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News Queensland Western Australia 

Yanchep, Moranbah malls collect c$69m

April 27, 2021April 27, 2021 Marc Pallisco

Two small shopping centres – east and west of the country – have sold in deals worth a total of

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News South Australia 

ARA sells Kidman Park cold storage investment

April 27, 2021April 27, 2021 Marc Pallisco

ARA Logos Logistics Trust is selling a Kidman Park cold storage investment for $41.5 million. The 11.92 hectare facility at

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News Victoria 

Bayside industrial investment trades for $13.8m

April 26, 2021April 26, 2021 Marc Pallisco

A local investor is paying $13.8 million for the Carrum Downs base of pump manufacturer Nov Mono. The price values

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News Victoria 

Chapter proposes another trapezoid tower

April 26, 2021April 26, 2021 Marc Pallisco

Chapter Group is a step closer to replacing Melbourne’s flagship Kathmandu outlet, in Fitzroy, with a nine level building. An

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News Victoria 

Former Melbourne Rebels owner lists mansion

April 26, 2021April 26, 2021 Marc Pallisco

Andrew Cox, the former owner of rugby union team, Melbourne Rebels, is selling Brighton’s landmark Narellan. The 132 year old

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News Victoria 

Red Emperor rents ex-Shark Fin House

April 21, 2021April 21, 2021 Marc Pallisco

EXCLUSIVE A year since Shark Fin House vacated 131-135 Little Bourke Street – its home since 1989 – the property

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News Victoria 

Vacant north Melbourne industrial sites earn c$27m

April 20, 2021May 12, 2021 Marc Pallisco

Three mid-north Melbourne industrial blocks are selling for a total of c$27.4m. In the latest deal, Genesis Property is paying

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News Victoria 

Charter Hall spends $141m on pie factories

April 20, 2021April 20, 2021 Marc Pallisco

Charter Hall is paying $141 million for two Victorian manufacturing facilities leased to Patties Foods. The deal includes the Bairnsdale

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New South Wales News Queensland Victoria 

HDN outlays $322m for eight retail investments

April 19, 2021April 20, 2021 Marc Pallisco

Home Co Daily Needs REIT (HDN) is acquiring eight retail investments for $322 million. Seven of them are coming from

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News Victoria 

Stockland buys ex-caravan park for townhouses

April 19, 2021September 28, 2024 Marc Pallisco

Stockland has acquired another infill Melbourne site for townhouses. The former caravan park at 203 Mountain Highway, Wantirna, was offered

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National News 

Centuria makes takeover bid for Primewest

April 19, 2021April 19, 2021 Marc Pallisco

Two major real estate platforms – the ASX-listed Centuria Capital Group and Primewest – are proposing to merge. If successful,

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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 

AMP sells another Macquarie Park office

April 16, 2021April 16, 2021 Marc Pallisco

TPG founders David and Vicky Teoh are speculated to be paying $106.5 million for a five level office and industrial

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News Victoria 

Bunnings hotel to open by summer

April 16, 2021April 16, 2021 Marc Pallisco

The concept of spending the night at Bunnings is closer, with Accord Property Group securing MaxCap Group to help fund

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News Victoria 

Melbourne Water block sold for townhouses

April 16, 2021April 16, 2021 Marc Pallisco

Melbourne Water has sold ID_Land an infill development site north east of the city. The 2.8 hectare tract at 91

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News Victoria 

QIC sells Pakenham Place

April 16, 2021April 16, 2021 Marc Pallisco

QIC has quietly sold Pakenham Place, in Melbourne’s south-east, to Leaf Corporation and BANCO Group. The local purchasers, paying a

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News Victoria 

Melbourne median passes $1m for the first time

April 16, 2021April 16, 2021 Marc Pallisco

Melbourne’s median house price has hit $1,004,500 – the first time it has been a seven figure sum. Homes in

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New South Wales News 

Newmark spends $75m on sixth Bunnings

April 16, 2021November 9, 2023 Marc Pallisco

Newmark has spent $75 million on its sixth Bunnings for its Hardware Trust. The Eastgardens complex, south of Sydney, was

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News Victoria 

IHG kicks off Bellarine, Mornington peninsula projects

April 15, 2021April 15, 2021 Marc Pallisco

IHG Hotels & Resorts vice president Abhijay Sandilya this month joined developers to turn the first sod at hospitality projects

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News Victoria 

Mooroopna Coles earns $7m

April 16, 2021April 16, 2021 Marc Pallisco

An investor has spent a speculated $7 million on a Coles backed retail asset at Mooroopna, about 190 kilometres north

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News Victoria 

Ex-Mornington Cinemas smashes reserve, sets local land benchmark

April 15, 2021April 15, 2021 Marc Pallisco

The former Mornington Cinemas will be refurbished and re-let after selling for $3.72 million – substantially over reserve. More than

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News Queensland 

LOGOS, KKR, Mubadala propose $200m Brisbane logistics centre

April 15, 2021April 15, 2021 Marc Pallisco

LOGOS, KKR and Mubadala Investments have formed a partnership to develop Australian east coast logistics centres. The trio has acquired

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News Victoria 

Vicinity sells Mildura Central

April 13, 2021April 14, 2021 Marc Pallisco

The last asset in the Vicinity Enhanced Retail Fund – Mildura Central – has sold. The deal with Chris Lock’s

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News Victoria 

Beulah buys Southbank’s first ‘high-rise’ for sky-rise

April 12, 2021April 13, 2021 Marc Pallisco

EXCLUSIVE Beulah has purchased Hanover House, the seven storey office which was between 1973-1990 Southbank’s tallest. In a twist, the

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New South Wales News 

Centuria invests another $27m at Arndell Park

April 12, 2021April 12, 2021 Marc Pallisco

Centuria Industrial REIT (CIP) has spent $27 million on another Arndell Park distribution centre. The 9400 square metre facility at

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News Victoria 

La Trobe calls on partner for $5b campus revamp

April 12, 2021April 12, 2021 Marc Pallisco

La Trobe University is calling on the private sector to co-develop its 235 hectare Bundoora campus. The school’s University City

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News 

Lendlease appoints Asia CEO

April 12, 2021April 12, 2021 Marc Pallisco

Lendlease has appointed a 2003 company graduate, Justin Gabbani, as chief executive officer, Asia. The announcement comes two months since

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New South Wales News 

Microsoft buys another data centre site

April 12, 2021April 12, 2021 Marc Pallisco

Microsoft has purchased another Sydney site for a data centre. The off-market deal for 57 Station Road, Seven Hills, is

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News Victoria 

Brix, Costa AM spend $19m on bayside block

April 9, 2021April 12, 2021 Marc Pallisco

Point Property Group has banked $19 million from a Seaford site earmarked for a mixed-use project. The 6.65 hectare ex-factory,

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News Victoria 

Satterley snaps up another Officer block

April 8, 2021April 8, 2021 Marc Pallisco

Satterley Property Group – which turned 40 last year – has snapped up a prominent, relatively small residential development site,

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News Victoria 

Prominent Melbourne office expecting $90m-plus

April 12, 2021April 12, 2021 Marc Pallisco

Hotel Grand Central, which acquired one of Melbourne’s highest profile offices from Victoria University in 2013, is selling. The upper

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News South Australia 

Primewest in $15m Barossa vineyard play

April 12, 2021April 12, 2021 Marc Pallisco

Primewest is speculated to be picking up a collection of South Australian vineyards leased back to Rolf Binder, a business

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New South Wales News 

Canberra syndicate spends $75m on NSW pubs

April 9, 2021April 13, 2021 Marc Pallisco

A new Canberra based syndicate – Investment Management Group Hotels – has acquired five Central West NSW pubs for a

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News Victoria 

RCH reception centre sells for twice reserve

April 9, 2021April 9, 2021 Marc Pallisco

The Royal Children’s Hospital has sold a west Melbourne reception centre for twice the guide. The purpose-built venue at 25

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News Victoria 

Developer saves historic Salvos hostel

April 9, 2021April 10, 2021 Marc Pallisco

The Salvation Army has sold a historic Footscray ex-refuge – and adjoining mini soccer court – for c$2 million to

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News Queensland Victoria 

Garda sells three Queensland investments

April 8, 2021April 9, 2021 Marc Pallisco

Garda Capital has sold three Queensland assets, pre-committed two new clients and is about to call in valuers to reprice

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News Victoria 

Eastern suburb car dealerships collect $20m

April 8, 2021April 8, 2021 Marc Pallisco

Three east Melbourne car dealerships have sold. In the biggest and most recent deal, a local investor is paying $10.9

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News Victoria 

Frasers sells Tarneit town centre site

April 8, 2021April 8, 2021 Marc Pallisco

Frasers Property Australia has sold the three hectare tract earmarked to be the town centre at its The Grove housing

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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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New South Wales News 

Higher ed investment earns $80m from Charter Hall

April 7, 2021April 8, 2021 Marc Pallisco

Charter Hall is paying $80.15 million for a higher education investment opposite the main entrance to the University of New

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News Victoria 

Colin DeLutis spends $136.5m on west Melbourne mall

April 6, 2021April 7, 2021 Marc Pallisco

Lendlease managed Australian Prime Property Fund has sold Caroline Springs’ CS Square – three years after extending its lettable area

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New South Wales News 

Racing NSW buys school in Australia’s thoroughbred capital

April 7, 2021April 10, 2021 Marc Pallisco

Racing NSW has picked up a 17.9 hectare training school in Australia’s thoroughbred capital, Scone. The deal with TAFE NSW

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News Queensland 

Marquette picks up Brisbane’s Gold Tower

April 6, 2021April 7, 2021 Marc Pallisco

Dexus and Canada Pension Plan Investment Board have sold Brisbane’s 10 Eagle Street for $285 million. The pair owned equal

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News Victoria 

East Melbourne readies for nine, 12 storey buildings

April 6, 2021April 7, 2021 Marc Pallisco

Epworth Hospital is delivering a blow to owners of the city’s priciest apartments – and developers wanting to build more

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News Victoria 

Harvey Norman buys $97m homemaker centre

April 6, 2021April 9, 2021 Marc Pallisco

Harvey Norman has spent $97 million on a homemaker centre in Melbourne’s north west Taylors Lakes. The deal for Watergardens

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A.C.T. New South Wales News Queensland Victoria Western Australia 

Investors outlay $59.6m on 11 childcare centres

April 6, 2021April 9, 2021 Marc Pallisco

Investors spent $59.6 million on 11 childcare centres last week. The best performing asset in terms of yield was in

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News Victoria 

Orica lists landmark Melbourne site

March 31, 2021April 2, 2021 Marc Pallisco

EXCLUSIVE Melbourne’s largest vacant Commercial 2 zoned parcel is for sale – as a whole or co-development opportunity. The 66.96

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New South Wales News 

AMP, KordaMentha sell Macquarie Park blocks

March 31, 2021March 31, 2021 Marc Pallisco

Two major commercial sites in Sydney’s Macquarie Park sold this week. In the biggest deal, ESR Australia is paying AMP

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News Queensland Victoria 

ALE banks $26m from four pubs

March 31, 2021August 11, 2021 Marc Pallisco

ALE Property Group has sold four pubs with leasebacks. In Brisbane, the Edinburgh Castle traded for $7.5 million – on

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News Victoria 

AVC snaps up another Brunswick St bar

March 31, 2021March 31, 2021 Marc Pallisco

Australian Venue Co is boosting its inner north Melbourne presence, taking over the leasehold for Fitzroy’s Bimbo. Colonial Leisure Group

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New South Wales News 

Mountbatten Hotel trades for $7.5m

March 31, 2021April 1, 2021 Marc Pallisco

The Feros family’s JDA Hotels has paid $7.5 million for another inner south Sydney pub. Vendor, Surfside Hotels, has operated

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News Queensland 

Sentinel acquires north Queensland medical centres

April 1, 2021April 1, 2021 Marc Pallisco

Sentinel has acquired three Mackay medical centres. Its total outlay is $22.63 million. The blended yield is 6.52 per cent.

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News Tasmania 

Whisky maker returns to Sullivans Cove

April 1, 2021April 1, 2021 Marc Pallisco

Whisky maker Sullivans Cove will return to the Hobart waterfront – near the brickworks site where it was established 27

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News Queensland 

Primewest spends $66m on bulky goods investment

March 24, 2021March 25, 2021 Marc Pallisco

EXCLUSIVE Primewest is paying QIC $66 million for Home+Life Robina, about 10 kilometres south of Surfers Paradise. The investment will

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New South Wales News 

Laundy family, Fraser Short buy Evans Head pub

March 31, 2021March 31, 2021 Marc Pallisco

Evans Head’s only pub has sold to a syndicate comprising Laundy Hotels, Fraser Short’s Sydney Collective and Nick and Justine

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News Victoria 

Baby Bunting rents ex-car dealership

March 31, 2021March 31, 2021 Marc Pallisco

Baby Bunting has rented the ex-Hawthorn BMW dealership. The 1332 square metre standalone building at 693-695 Burwood Road, Hawthorn East,

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News Victoria 

Gurner, Qualitas buy into Jam Factory

March 29, 2021March 30, 2021 Marc Pallisco

Gurner and Qualitas will take a stake in South Yarra’s Jam Factory, which will be redeveloped with apartments, an office,

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New South Wales News 

Assembly, Harrington pay $43m for childcare centres

March 29, 2021March 29, 2021 Marc Pallisco

Assembly Funds Management and Harrington Property Funds Management are paying $42.95 million for six north west Sydney childcare centres. The

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National News 

REA bids for Mortgage Choice

March 29, 2021March 29, 2021 Marc Pallisco

REA Group is seeking to acquire Mortgage Choice for $244 million. The broker, which amongst other things finds loans for

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New South Wales News Victoria Western Australia 

EG Group sells nine servos

March 29, 2021March 29, 2021 Marc Pallisco

EG Group has sold nine of the 540 service stations acquired as part of a $1.725 billion deal with Woolworths

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News Victoria 

Ultra Football leases Abbotsford showroom

March 27, 2021March 27, 2021 Marc Pallisco

The team behind the concept recently judged the world’s best football retail execution has leased a high-character Melbourne showroom –

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New South Wales News 

Gallagher family sells its longest-held pub

March 26, 2021March 27, 2021 Marc Pallisco

The Gallagher family has sold another pub. North Sydney’s Union Hotel is collecting $20 million from John Azar’s The Good

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New South Wales News 

Vaughan Blank drops another $17m at Bondi Beach

March 26, 2021March 27, 2021 Marc Pallisco

Commodities trader turned property investor Vaughan Blank has paid $17 million for another east Sydney trophy site. The former Westpac

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News Queensland 

AsheMorgan outlays $210m for Brisbane office

March 25, 2021June 22, 2021 Marc Pallisco

The Pidgeon family has sold a Brisbane CBD office after nine years, a renovation and extension. The 20-level tower at

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News Tasmania 

NRMA spends $130m on resorts, cruise businesses

March 25, 2021March 25, 2021 Marc Pallisco

The NRMA has spent $130 million on three Tasmanian resorts and Strahan’s Gordon River Cruises business. The deal, with Royal

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New South Wales News 

Goodman banks $115m from North Ryde offices

March 25, 2021March 29, 2021 Marc Pallisco

Goodman has sold North Ryde’s Binary Centre for $115 million. The deal, with Melbourne’s Quintessential Equity, is being struck at

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News Victoria 

Metro snaps up two more Melbourne housing sites

March 24, 2021March 25, 2021 Marc Pallisco

Metro Property Developments has snapped up two more Melbourne housing sites – at Ascot Vale and Point Cook. The deals

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National News 

The Agency Commercial is formed

March 25, 2021March 26, 2021 Marc Pallisco

The Agency Group is branching into commercial property. The ASX-listed real estate company has been investing heavily in its residential

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