Perri buys Fishermans Bend site
Perri Projects is paying $15.65 million for adjoining Fishermans Bend office/warehouses. On a 7377 square metre Capital 1 zoned site,
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Adairs snaps up Focus on Furniture
Adairs has snapped up smaller rival Focus on Furniture for $80 million. The deal gives the buyer control of 23
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String of regional NSW hotels sell
Fraser Short is paying a speculated $14 million for Jugiong’s Sir George Hotel. The venue, which contains 11 luxury accommodation
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Minogue family divest Hawthorn office
The Minogue family is banking close to $20 million for a Hawthorn office acquired mid-construction in 2007. The price for
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East coast childcare centres collect c$50m
Four childcare centres offered as part of a bulk auction event sold today for a total of nearly $41 million.
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Lester Group spends $28.5m in Rockingham
Perth based fund manager Lester Group has swooped on a bulky goods/office investment between two of Western Australia’s fastest growing
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Gold Coast pubs fetch $60m
Investors have outlaid $60.2 million on two Gold Coast pubs. In the priciest deal, the Ganim family is banking $38m
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Shayher buying offices in Brisbane, Sydney
Taiwan backed Shayher Group is outlaying over $600 million on east coast office investments. In the biggest deal, the group
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NorthWest commits Calvary to Playford health precinct
NorthWest Healthcare Properties will start constructing the balance of its $165 million Playford health precinct, opposite the Lyell McEwin Hospital
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Publicans pick up historic Camden hotel
Publicans Ben Lawler and Ryan Haynes are paying c$19.5 million for Camden’s c1841 Royal Hotel. The deal reflects a major
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Peet, University of Canberra restructure land deal
The University of Canberra (UC) has sold a 15 hectare slice of its Belconnen campus to Peet Group, which will
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The Agency awarded $212,000 for false administration move
The federal court yesterday ordered a former The Agency board member pay $212,269 to the property broker for wrongly putting
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Manly’s Q Station sold to local publican
The leasehold to Manly’s Q Station has sold for a speculated $15 million. The buyer, Glenn Piper, operates the Harbord
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Marcus Group to enter administration: sources
Postscript: ABD Group, which controls Marcus Group and Jasmine Group, were put into liquidation three days after this article was
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Barwon picks up Monash Specialist Centre suites
Barwon Investment Partners, for its Healthcare Property Fund (BHPF) has outlaid $5.3 million for three suites within the Monash Specialist
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Laundy family buys back into Wollongong
The Cabbage Tree Hotel, north of Wollongong, has traded to a partnership comprising its operators, Brad and Corrina Young, Nick
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Cancer Council sells inner-city lodge
Cancer Council SA has sold the second of two redundant inner-Adelaide accommodation complexes listed in March. In the latest deal,
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Dexus snaps up Narangba warehouse
Dexus has paid $44.5 million for an industrial investment in Brisbane’s north Narangba. The price for 9 Boron Street reflects
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Green light for City Tatts Club redevelopment
ICD Property and Singapore listed First Sponsor have won permission to extend Sydney’s City Tattersalls Club with a 50 level
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Australian Unity snares three aged care investments
Australian Unity is paying $93.65 million for three Queensland aged care investments. The leaseback deal is with McKenzie Aged Care,
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Approval for Byron Bay’s first housing estate in 30 years
Byron Bay’s first major housing estate in over 30 years has been approved. Harvest, on a 61 hectare block at
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Bank Australia sells long-time Kew HQ
Bank Australia has sold its triple storey Kew headquarters, which it built in 1982, for $15.125 million. At 222 High
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Merivale to upscale SCG, SFS catering
Venues NSW has awarded Justin Hemmes’ Merivale a catering contract for the Sydney Football Stadium, which is due to open
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Mick Molloy buys into Brunswick’s Railway Hotel
Mick Molloy has bought into Brunswick’s Railway Hotel. The comedian, who this month announced plans to retire as a Triple
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Carlton manse converted office collects $7.35m
Sheng Run Holdings Group, directed by Chinese electronic power and road developer Li Xipeng, has sold a former Presbyterian church
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Buxton swoops on Malvern East townhouse site
Buxton Projects has swooped on a park-front Malvern East site. The developer is paying $10.5 million for the 3987 square
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Richmond office trades for $12.3m
A modern office/showroom investment on the Richmond side of Church Street sold for $12.3 million at auction yesterday. The price
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JMC trebles money on Maribyrnong site
JMC Group has sold a prominent Maribyrnong site, opposite a Department of Defence ex-explosives factory, for $22 million to an
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Castlerock offloads Sale GovHub
Castlerock has offloaded a federal and state government backed building, at Sale, for $11.6 million. The result for 146-154 York
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Vietnamese developer snaps up Haymarket hostel site
Vietnam backed Arthur Winston Investments has paid over $25 million for neighbouring Haymarket properties – one which is permit-ready for
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Kontek family sell Sunshine office
The family of late Brimbank real estate agent John Kontek has sold his long-time company headquarters, in central Sunshine. Kontek
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University of Sydney offloads office, apartments
The University of Sydney has sold two more properties – part of a 12-asset portfolio in the Arundel Accommodation Triangle
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Aesop switches Collingwood HQ
Aesop has leased about 2500 square metres within Peregrine Projects’ Langridge Lanes, under construction in Collingwood. The agreement covers two
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Dexus acquires bigger Warringah Mall stake
Dexus managed Wholesale Property Fund (DWPF) has purchased an additional 25 per cent of Brookvale’s Westfield Warringah Mall. The deal
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A2B, Addenbrooke sign Alexandria land swap, office deal
A2B Australia, responsible for brands including 13Cabs and Cabcharge, will hand over its Alexandria base to Addenbrooke which will build
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Bambis leases Truganina warehouse from Frasers
Frasers Property Australia has snared homewares wholesaler Bambis to its West Park Industrial Estate, at Truganina. The tenant, responsible for
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Vietnamese syndicate snaps up Blue Mountains resort
Blue Mountains retreat Eagle View Escape has sold for a speculated $6.9 million to Vietnam-backed syndicate AALM Partners. The 47.7
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Cremorne site fetches $53.5m for Blazer founder
Vicland is paying Blazer founder Peter Murray $53.5 million for a major Cremorne development site. The deal for 31-53 Cremorne
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RCH lists Preston house with development upside
A Preston home with development upside, bequeathed to the Royal Children’s Hospital, is for sale. On 503 square metres, 82
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QIC spends $13.4m on former Futuris factory
Queensland Investment Corporation has swooped on an Adelaide warehouse for years occupied by Futuris Automotive Interiors. The fund manager is
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Laundy consortium banks record price for Hotel Canobolas
Arthur Laundy, Mark Dalton and Philip Tudor have sold Orange’s Hotel Canobolas. The publicans are banking over $24 million. They
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Avari buys majority stake in AWA building
Avari Capital is paying $38.8 million for the majority interest in Sydney’s Amalgamated Wireless Australasia (AWA) building. Developed in 1939
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Macquarie beefs up BTR presence
Macquarie Asset Management has invested in a Build to Rent company, Local, established by ex-Scape and Grocon acquisition manager Matthew
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Bunnings sells unbuilt Hervey Bay store
Bunnings has sold an unbuilt Hervey Bay store to New Zealand’s Cook Property Group. The $58.6 million price for the
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Dandenong South warehouse sells for $20m
A land rich Dandenong South industrial investment has sold for c$20 million reflecting a 3.25 per cent yield. Despite its
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Offshore developer acquires another Riversdale Road site
For the second time in as many months, an Asia-backed developer has swooped on a Riversdale Road site with plans
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Camberwell apartment complex built by Eric Humphries for sale
A Camberwell apartment block developed in 1939 by Eric Humphries, the father of comedian Barry, is for sale. Rotherwood at
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Damien Frawley joins Mirvac board
Mirvac Group has appointed outgoing Queensland Investment Corporation chief executive officer Damien Frawley as non-executive director of the board. The
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Pittwater purchases Milperra industrial investment
Pittwater Industrial has paid $34.2 million for a Milperra warehouse investment. The deal for 373 Horsley Road is a major
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Balwyn supermarket trades at sub three per cent yield
The Liuzzi family has paid $45.7 million – some 20 per cent over initial expectation – for a major supermarket
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Gurner, Qualitas snap up Parramatta apartment site
Melbourne based Gurner and Qualitas have teamed to acquire another development site, this time at Parramatta. The 2050 square metre
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PEGS buys shops beside Essendon campus
Penleigh & Essendon Grammar School has snapped up another property abutting a campus. The double fronted retail and office investment,
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Janine Allis sells ‘Mad Max house’
Boost Juice founder and Celebrity Apprentice adviser, Janine Allis, has sold a Fairhaven beach house after nearly a year. The
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Developer snaps up ex-Corio South Primary School
The state government has sold a former Geelong school to a residential developer. The ex-Corio South Primary School on 2.02
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Cadence flips Redbank site for massive premium
Cadence Property Group has offloaded a Redbank industrial site for $17 million. The sale of 36-48 River Road to an
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TE Capital doubles money on CFA HQ
TE Capital Partners has nearly doubled its money selling an East Burwood office after four years. The Country Fire Authority
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Stockland expands in Melbourne’s north
Stockland is paying a speculated c$35 million for a low density housing estate site near its Highlands community at Craigieburn.
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Investor amalgamates at Hornsby
An investor has paid $13.31 million for a mixed-use Hornsby asset adjoining other property he holds. The sale price for Piazza
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Kylie Rampa appointed QIC CEO
Queensland Investment Corporation has appointed Kylie Rampa – who was raised in the state – as chief executive officer. Ending
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Investors outlay $45m on childcare centres
Childcare centres worth close to $45 million traded at a bulk auction event today. The priciest, at Wantirna South in
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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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Dixie Cummings sells Seaford warehouse with a leaseback
Furniture importer and wholesaler Dixie Cummings has sold a Seaford industrial site with a leaseback. On 4.3 hectares, 80 Hartnett
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Fawkner picks up another Queensland shopping centre
Fawkner Property has snapped up another shopping centre from Stockland. Stockland Cairns, on 11.13 hectares at Earlville, is costing $146
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Ingenia, Golightly family trade Queenscliff holiday park
Ingenia Communities (INA) is paying the Golightly family $37 million for Queenscliff’s Big4 Beacon Resort. With the deal, the buyer
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Centuria divests $22.8m healthcare portfolio
RAM Asset Management has picked up two more medical centres from Centuria Healthcare. On the Gold Coast, the investments include
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Parras acquires East Ballina’s Shaws Bay Hotel, Fenwick House
Siblings Debbie, Neville and Vicky Hayter have sold East Ballina’s Shaws Bay Hotel and neighbouring Fenwick House after three decades.
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Ruslan Kogan buys $20m home for parents
Ruslan Kogan has quietly snapped up a Toorak home for his parents. The six bedroom dwelling on 1226 square metres
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Simonds College expands West Melbourne campus
Melbourne Archdiocese Catholic Schools has swooped on a West Melbourne office abutting a Simonds Catholic College campus. The three storey
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Investors spend big on bottle shops
Investors spent nearly $28 million on bottle shop investments at a bulk auction event today. In the priciest deal, a
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Sam Arnout offloads two regional NSW pubs
Sam Arnout’s Iris Capital has sold two regional New South Wales pubs. Near Cessnock, the Kearsley Hotel freehold is trading
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Goodna mall collects $10m from syndicate
NATGEN Group has paid $10.1 million for a convenience retail investment in Brisbane’s south west Goodna. The Rededge Shopping Centre,
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Quadrant invests again in Perth
Perth fund manager Quadrant Investments has picked up a second asset for its Q1 Diversified Income Trust, which launched in
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Andrew Bogut lists Beaumaris holding after planning saga
Postscript: this property found a buyer within the first week of being listed. A month after winning approval to replace
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Greenpool, Qualitas snap up balance of Runaway Bay
Five weeks after paying Perron Group $128 million for a half stake in Gold Coast’s Runaway Bay Shopping Centre –
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IIG offers historic Collins Street office
Liberman family backed Impact Investment Group is selling a historic CBD office after seven years. At 401 Collins Street, the
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Cedar Woods adds coastal Perth site to pipeline
Cedar Woods Properties has paid $49.5 million for a low density housing site in Eglinton, a coastal town about 45
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Claudia Karvan, Jeremy Sparks re-offer Redfern warehouse
Claudia Karvan and her partner, Jeremy Sparks, have listed their former Redfern family home after a sale three years ago
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Centuria picks up four investments with development upside
Centuria, for its Industrial REIT (CIP), has spent $129.4 million on four east coast investments with development upside. In the
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Link acquires three Sydney shopping centres
Link REIT has snapped up three Sydney assets – two years after choosing the city for its first property investment
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Garda fills more of Burnley office
Garda Property Group has secured two more tenants to one of its offices at Burnley’s Botanicca Corporate Park. In the
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