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News Queensland 

GM Property picks up Tingalpa warehouse

February 22, 2021February 22, 2021 Marc Pallisco

Two Tingalpa industrial investments are selling. In the biggest deal, Perth’s GM Property Group is paying $14.15 million for 435

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New South Wales News 

EG buys 4.8ha Vineyard investment

February 22, 2021February 22, 2021 Marc Pallisco

EG has purchased a west Sydney industrial investment for a trust it launched last week and closed oversubscribed in 72

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New South Wales News 

Ged Dore buys South Coast pub to renovate

February 21, 2021February 24, 2021 Marc Pallisco

A consortium including Ged Dore is paying $6 million for Berry’s Great Southern Hotel. Vendor, the Coombs family, spent $2.7m

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News Queensland 

RG buys historic Fortitude Valley offices

February 21, 2021February 21, 2021 Marc Pallisco

Fortitude Valley’s historic Keating’s Bread factory – now three offices divided by car parks and gardens – has sold for

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News Western Australia 

Geraldton shopping centre collects $10.4m

February 21, 2021February 21, 2021 Marc Pallisco

An IGA-backed retail investment 10 kilometres north of Geraldton – the town marketed as the capital of Western Australia’s Mid

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N.T. News 

AFL chief among buyer of 1.25m ha NT station

February 18, 2021February 19, 2021 Marc Pallisco

Jumbuck Pastoral, which holds AFL chief executive officer Gillon McLachlan as a shareholder, has purchased the 1.25 million hectare Wave

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New South Wales News Queensland 

Event sells office, resort as part of $250m divestment plan

February 18, 2021February 19, 2021 Marc Pallisco

Event Hospitality & Entertainment has sold a Sydney office and Cairns resort as part of plans to divest $250 million

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National News 

Lendlease sells retirement living stake

February 19, 2021February 19, 2021 Marc Pallisco

Lendlease has sold another 25 per cent stake in its Retirement Village Living business. The deal, with Aware Super, is

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News Victoria 

Coles sells permit-ready shopping centre site

February 19, 2021February 19, 2021 Marc Pallisco

Coles has sold a permit-ready shopping centre site at Botanic Ridge, a 12 year old suburb south east of Melbourne.

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New South Wales News 

Iris buys another Manly hotel

February 18, 2021February 18, 2021 Marc Pallisco

Iris Capital is paying a speculated $57 million for The Ivanhoe Hotel in Manly. The deal comes two months since

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News Victoria 

Tassie car dealer ends Melbourne Airport hotel plan

February 17, 2021February 19, 2021 Marc Pallisco

A 95 year old Tasmanian motor group has snapped up a Tullamarine site until recently earmarked for a hotel. JMC

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News Victoria 

Batesford, Beveridge housing sites find buyers

February 26, 2021May 1, 2021 Marc Pallisco

A couple of major residential land deals have been sealed this month. In Batesford, near Geelong, a 32.43 hectare site

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News Queensland Victoria 

MFP buys Brisbane, Melbourne industrial investments

February 18, 2021February 19, 2021 Marc Pallisco

Mair Property Funds is picking up two more investments for its near-new MPF Diversified Fund No 3. The acquisitions come

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New South Wales News 

Cook Property sells Parramatta shopping centre

February 18, 2021July 25, 2024 Marc Pallisco

Entrada Shopping Centre, a kilometre north of central Parramatta, has sold for $41.435 million. The vendor, New Zealand’s Cook Property

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New South Wales News 

Pro-Invest pays $132m for Sydney hotel

February 17, 2021February 18, 2021 Marc Pallisco

Pro-Invest Group has picked up a five star Sydney hotel after a $140 million deal to Qatar Airlines fell through.

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News Victoria 

Newmark buying unbuilt Melbourne Bunnings

February 17, 2021February 18, 2021 Marc Pallisco

Newmark Capital is understood to be buying two Bunnings-backed investments. In Melbourne’s Preston, the group is speculated to be paying

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News Victoria 

Occupier pays $8.1m for Dandenong South site

February 19, 2021February 20, 2021 Marc Pallisco

An interstate building product supplier has paid $8.1 million for a 1.6 hectare site at Chadwick Investments’ Colemans Road Industrial

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News Queensland Victoria 

Quarantine camps proposed in Queensland, Victoria

February 15, 2021February 16, 2021 Marc Pallisco

Returning international travelers could be placed into temporary housing at Geelong and Toowoomba as part of an alternative hotel quarantine

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News Victoria 

Ruslan Kogan snares Mornington Peninsula getaway for $2m discount

February 16, 2021February 16, 2021 Marc Pallisco

Ruslan Kogan has paid $15 million for a Flinders weekender on 10 hectares. The Musk Creek Road property was listed

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News Victoria 

Church sells four building blocks

February 14, 2021February 15, 2021 Marc Pallisco

The Catholic Archdiocese of Melbourne has sold four metropolitan development sites. The portfolio – residential land in Croydon, Doreen and

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New South Wales News 

Laundy, Short buy Lennox Head hotel

February 15, 2021February 15, 2021 Marc Pallisco

Laundy Hotels and Fraser Short are paying $40 million for The Lennox Hotel at Lennox Head, north of Ballina. The

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News Victoria 

Occupier beats developer for Eaglemont office

February 15, 2021February 16, 2021 Marc Pallisco

Biomedical equipment and software creator AXXIN is paying $16.6 million for an Eaglemont office opposite Yarra Flats Park, to occupy.

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News Queensland 

EG spends $32m at Mansfield

February 9, 2021February 9, 2021 Marc Pallisco

EG is paying $32 million for a 24 unit industrial investment at Brisbane’s south east Mansfield. The 140 Wecker Road

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New South Wales News 

Sydney developer buys Byron Bay backpackers

February 22, 2021February 22, 2021 Marc Pallisco

Podia has snapped up a development site in Bryon Bay’s main retail strip with plans for a mixed-use project. The

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News Victoria 

Beat founder develops seven level office

February 12, 2021February 12, 2021 Marc Pallisco

Beat founder Rob Furst has replaced the magazine’s long-time Cremorne headquarters with a seven level office – and is now

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News Victoria 

Ringwood site opposite Costco sells

February 12, 2021February 13, 2021 Marc Pallisco

The former Jooce nightclub – now a Rivers store and Genesis gym – has sold to an offshore developer for

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News Western Australia 

Hiap Hoe secures government to Stirling St

February 15, 2021February 15, 2021 Marc Pallisco

The Department of Communities has leased the bulk of a contemporary Perth office owned by Singapore listed Hiap Hoe. The

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News Victoria 

Banks trade Richmond corner

February 19, 2021February 19, 2021 Marc Pallisco

National Australia Bank has leased a prominent Richmond building occupied five years ago by ANZ. In the gap, Caydon rented

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News Queensland 

Primewest buys Maroochydore office

February 11, 2021February 13, 2021 Marc Pallisco

EXCLUSIVE Primewest has picked up a fourth investment for a new fund. Foundation Place is the first office in Maroochydore’s

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New South Wales News 

Hockingstuart to open outside Victoria

February 11, 2021February 11, 2021 Marc Pallisco

Hockingstuart will open its first agency outside of Victoria – at Nowra. The move comes two years after the broker

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News Victoria 

Bridport banks $8.2m from childcare centre

February 16, 2021February 18, 2021 Marc Pallisco

Bridport Property Group has sold another new childcare centre – this time in Ringwood East. The 117-place complex at 30-32

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New South Wales News 

Mirvac fills Snack Brands warehouse

February 11, 2021February 11, 2021 Marc Pallisco

Mirvac has filled the Smithfield warehouse vacated last month by Snack Brands Australia. Tyres 4 U has committed to 39

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News Queensland 

Malls to become motor shows, service centres

February 10, 2021February 12, 2021 Marc Pallisco

AMP Capital and Eagers Automotive have signed an Australian first agreement which will see car showrooms and service centres replace

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News Victoria 

Lancemore buys Macedon Ranges winery

February 10, 2021February 10, 2021 Marc Pallisco

Lancemore Group has returned to where its hospitality business began 35 years ago – with the Freehold Going Concern purchase

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National News 

H&M to shrink Australian footprint

February 10, 2021February 12, 2021 Marc Pallisco

H&M is preparing to shrink its Australian retail footprint. Two stores are on the line according to reports: Rockhampton and

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News Victoria 

Ouson sells Clayton land with nine level permit

February 12, 2021February 12, 2021 Marc Pallisco

Ouson Group has sold a Clayton site permit-ready for a nine-storey building. The developer is banking $11.2 million from 99-121

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National News 

Lendlease replaces CEO

February 10, 2021February 10, 2021 Marc Pallisco

Lendlease chief executive Steve McCann will retire in June. Asia CEO Tony Lombardo (pictured, top) will replace him. Colleagues Kylie

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News Victoria 

Beck, Fox unveil Essendon office

February 9, 2021February 9, 2021 Marc Pallisco

Max Beck and Lindsay Fox will develop another Essendon Fields office. The seven level, 7500 square metre investment at 9

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News Western Australia 

Brookfield sells another Chevron HQ stake

February 8, 2021February 9, 2021 Marc Pallisco

Brookfield has sold a quarter of a 29-level office under construction in Perth. The deal with Singapore sovereign wealth fund

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New South Wales News 

HomeCo sells Bathurst investment

February 8, 2021February 9, 2021 Marc Pallisco

HomeCo REIT is understood to have sold a Bathurst bulky goods retail investment for $16.95 million. The value is $50,000

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New South Wales News 

JDA buys out Sydney hotel

February 9, 2021February 10, 2021 Marc Pallisco

The General Gordon Hotel, which is nearly rebuilt after being part destroyed by fire in 2018, has traded between owners.

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News Spotlight Victoria 

Melbourne office occupancy lags nation

February 9, 2021February 9, 2021 Marc Pallisco

The number of Melbourne CBD office workers has doubled since late last year but lags the country in relative terms.

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News Victoria 

Prominent ex-McEwans for sale

February 8, 2021February 9, 2021 Marc Pallisco

A high-profile Melbourne showroom beside the Metropolitan Ring Road at Thomastown is for sale after 37 years. The ex-McEwans at

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News Victoria 

Shannon Bennett, Madeleine West lists Toorak mansion

February 7, 2021October 13, 2021 Marc Pallisco

Chef Shannon Bennett and actress Madeleine West are selling a four-storey Toorak home after separating. The two can expect $21-$23

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News Queensland 

Developer buys Brisbane’s third oldest house

February 7, 2021February 7, 2021 Marc Pallisco

Kangaroo Point’s Shafston House, believed to be Brisbane’s third oldest standing home, has sold to developer Burgundy Property. On a

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News Victoria 

Hardware chain coming to troubled strip

February 5, 2021February 5, 2021 Marc Pallisco

Mitre Ten is coming to South Yarra’s Chapel Street. A franchisee of the Metcash brand has signed a five year

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News Victoria 

RACV Club office for sale with high rise permit

February 5, 2021February 5, 2021 Marc Pallisco

The former RACV Club office is for sale as a permit-ready development site. Rising 10-levels, 422 Little Collins Street, in

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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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News Queensland 

Skyscraper signalled for radio station

February 4, 2021February 4, 2021 Marc Pallisco

Charter Hall with Canada’s QuadReal is paying a speculated $65 million for the Brisbane CBD property which housed radio stations

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News Spotlight 

Work-from-home model cracks becoming clearer: Colliers

February 23, 2021February 23, 2021 Kate Gray

As the pandemic has unfolded, so much has been written that the office is now superfluous to needs. We can

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National News Spotlight 

Office vacancy up in all capitals except Canberra: PCA

February 3, 2021February 9, 2021 Marc Pallisco

The Property Council of Australia’s twice-annual Office Market Report shows vacancy rose in every capital except Canberra – where it

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News Queensland 

Ascot expands in Brisbane with $27.7m office

February 5, 2021February 5, 2021 Marc Pallisco

Ascot Capital has purchased another Brisbane office investment, this time in east Murarrie. The 48 Miller Street headquarters of electric

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News Victoria 

Melbourne Star Observation Wheel sold

February 4, 2021February 4, 2021 Marc Pallisco

Japanese builder Sanoyas Holdings Corporation has sold the Melbourne Star Observation Wheel after eight years. Swiss Ferris wheel designer and

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News Western Australia 

Government sells health precinct site

February 4, 2021February 4, 2021 Marc Pallisco

DevelopmentWA has sold Hesperia and Birchmead Property a building block beside Murdoch’s Fiona Stanley Hospital. The 3438 square metre parcel,

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New South Wales News 

DHL commits to $83m west Sydney warehouse

February 3, 2021February 3, 2021 Marc Pallisco

ESR Australia has committed DHL Supply Chain to a temperature-controlled distribution centre for pharmaceutical products. The 36,000 square metre facility

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New South Wales News 

Neil Perry chooses Sydney’s east for new venture

February 3, 2021February 3, 2021 Marc Pallisco

Six months since retiring from Rockpool Dining Group, Neil Perry will resurface, in Sydney’s Double Bay. The restaurateur has signed

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News Western Australia 

Beacon buys outlet from landlord

February 2, 2021February 3, 2021 Marc Pallisco

Mair Property Funds has sold a Beckenham bulky goods investment leased to Forty Winks and Beacon Lighting, to the latter.

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News Victoria 

Mirvac $1b Northbank project approved

February 1, 2021February 2, 2021 Marc Pallisco

Mirvac will replace the former Melbourne Convention Centre with offices, shops and a 32-storey Build to Rent complex. The $1

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News Queensland 

Dexus fills another piece of Freeman Central

February 3, 2021February 3, 2021 Marc Pallisco

Dexus has filled another piece of a landmark Richlands shed it has just built speculatively. In the latest and biggest

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News Victoria 

Bunnings HQ for lease, Brunswick outlet sold

January 27, 2021February 12, 2021 Marc Pallisco

Bunnings has listed two outgoing Hawthorn East offices for lease with two more to come. The campaigns include the group’s

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News Victoria 

Schneider rents new distribution centre

February 2, 2021August 2, 2021 Marc Pallisco

Schneider Electric Australia will relocate its local distribution centre within Dandenong South. The multi-product manufacturer has rented 9813 square metres

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News South Australia 

Makris sells two Adelaide shopping centres

February 1, 2021February 1, 2021 Marc Pallisco

Makris Group, founded by veteran developer and investor Con Makris, has sold two prominent Adelaide retail assets. In the biggest

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New South Wales News 

Goodman sells new Macquarie Park office

February 1, 2021February 1, 2021 Marc Pallisco

Goodman Group has sold a Macquarie Park office which reached practical completion late last year. The $144 million deal for

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News Victoria 

Erdigroup seeks ministerial approval for St Kilda hotel

January 31, 2021January 31, 2021 Marc Pallisco

Erdigroup is seeking approval via the Building Recovery Taskforce to extend Rydges St Kilda – which will then be rebranded

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News Victoria 

Architects called for landmark Arts Precinct site

January 31, 2021January 31, 2021 Marc Pallisco

Development Victoria has launched a design competition for NGV Contemporary – set to replace the former Carlton & United Breweries

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News Victoria 

Developers, publican to replace Isle of Wight site

January 28, 2021January 30, 2021 Marc Pallisco

Developers Moda and Salta Capital, with pub baron Mazen Tabet – who owns the Portsea Hotel freehold – will replace

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News Queensland 

CEA consolidates at ex-Boral brickworks

February 6, 2021February 6, 2021 Marc Pallisco

Construction Equipment Australia has pre-committed to a multi-use facility at a business park replacing Darra’s Boral brickworks. The capital equipment

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News Victoria 

Bionics Institute sells HQ to high-profile neighbour

January 29, 2021February 3, 2021 Marc Pallisco

The Bionics Institute of Australia has sold its East Melbourne headquarters after close to 30 years. The buyer, the Catholic

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News Victoria 

Gurner proposes luxury hotel, brand

January 28, 2021January 31, 2021 Marc Pallisco

Gurner is planning a luxury hotel and to launch a new brand at the site of St Kilda’s Cushion Lounge.

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News Victoria 

Goldfields buys Ballarat farm

January 29, 2021February 1, 2021 Marc Pallisco

Goldfields Group has purchased a Ballarat farm for a housing estate. The Smythes Creek site, 132 Cherry Flat Road, spreads

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News Victoria 

Sarawak Kitchen freehold sells at 3pc yield

January 29, 2021January 29, 2021 Marc Pallisco

A retail investment at the top of town – surrounded by 10,000 dwellings – sold this month for $5.2 million.

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News Victoria 

‘Meticulously restored’ Glen Iris home sold for townhouses

January 29, 2021January 29, 2021 Marc Pallisco

Two neighbouring Glen Iris homes have sold to a townhouse developer. Covering 1815 square metres, 1795-1797 Malvern Road traded for

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New South Wales News 

Stockland proposes North Sydney’s tallest office

January 28, 2021February 3, 2021 Marc Pallisco

Stockland has applied to build a 53-level office – North Sydney’s tallest – on three Walker Street sites. The proposal

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News Queensland South Australia 

Centuria seeds fund with $62.5m spree

January 28, 2021January 28, 2021 Marc Pallisco

Centuria Capital Group has spent $62.5 million on three warehouse investments to seed an unlisted fixed-term fund. Two of the

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News Victoria 

Troon, MaxCap bank $40m-plus from two investments

January 29, 2021March 4, 2024 Marc Pallisco

Troon Group and joint venture partner MaxCap have sold two Victorian commercial investments. In the priciest deal, an office in

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News South Australia 

Federal government signs landmark Adelaide office pre-commitment

January 28, 2021December 15, 2021 Marc Pallisco

Services Australia – known until 2019 as the Department of Human Services – has signed one of Adelaide’s biggest office

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News Victoria 

Doctor sells Collins Street shop with a leaseback

January 29, 2021January 29, 2021 Marc Pallisco

Smile Solutions founder Kianoush Pajouhesh has sold a Collins Street retail asset with a leaseback. Shop three, which occupies a

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News Victoria 

Centuria buys two more Derrimut warehouses

January 29, 2021February 3, 2021 Marc Pallisco

Centuria Industrial REIT (CIP) has outlaid $37.25 million on two Derrimut warehouse investments. The value reflects a blended initial yield

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News Western Australia 

Agency sells ex-branch to developer

January 27, 2021January 27, 2021 Marc Pallisco

A heritage protected home opposite a Perth Hills Visitor Centre, in Armadale, has sold to a developer planning a childcare

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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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