Boating association sails from York Street
The Boating Industry Association of Victoria has sold its South Melbourne headquarters. Despite being offered permit-ready for a six level
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Sarah Sands for sale
Peregrine Projects is selling Brunswick’s Sarah Sands Hotel after redeveloping the site with apartments and extended retail. The pub is
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Hawthorn Coles sells at record low yield
A syndicate has sold a Coles backed supermarket, in Hawthorn, after 37 years. The $24.5 million price for 689-699 Glenferrie
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Frank Costa’s Melbourne base for sale
East Melbourne’s former New Temple Church, which was converted into a city base by late businessman and Geelong Football Club
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Elements force anticipated record breaking street auction to Leonda
The elements – specifically forecasts for flash flooding, 90 kilometre an hour winds and thunderstorms – have forced an anticipated
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GPT commits logistics group to Truganina
The GPT Group has secured Glen Cameron Group to a major industrial property at its Gateway Logistics Hub, in Truganina.
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RAM grows healthcare portfolio
A fortnight after floating its first REIT, the RAM Essential Services Property Fund (REP), Real Asset Management has snapped up
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Salta acquires controversial Cranbourne West industrial site
A Cranbourne West industrial site – the subject of an independent broad-based Anti-Corruption Commission investigation – has quietly sold to
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HB Land snaps up Aitken Hill conference centre
Singapore listed developer Ho Bee Land (HB Land) is paying $142 million for Craigieburn’s Aitken Hill conference centre. The 68.4
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Blackstone locks up Fort Knox portfolio
Blackstone is paying $400 million for Fort Knox Self Storage, which includes 11 Melbourne properties. The deal is with the
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Alfred leases entire St Kilda Rd building
Alfred Health has leased an entire seven level office abutting its Prahran hospital. The eight year commitment for 541 St
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Dexus seeds DREP1 with assets in Melbourne, Sydney
Dexus has made the first investments for its Real Estate Partnership (DREP1), an opportunity fund launched last August. In Melbourne’s
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Mitsubishi Estate buys into 39 level Sydney office
Oxford Properties and Investa have teamed with Mitsubishi Estate Co to deliver an office above Sydney’s Pitt Street metro, speculated
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WINIM acquires ex-Comfort Inn for luxury apartments
WINIM Funds Management has purchased Lane Cove’s ex-Comfort Inn North Shore with plans for a luxury six storey apartment complex
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Andrew Forrest buys Lizard Island
Andrew and Nicola Forrest’s Fiveight, a subsidiary of Tattarang which holds diversified investments, has snapped up the Lizard Island leasehold
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Ingenia goes on $552m spending spree
Ingenia Communities Group (INA) will launch an equity raising to fund a $552 million spending spree. In the biggest deal
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SCA spends $112m on Ballarat shopping centre
SCA Property Group has spent $112 million on the Delacombe Town Centre, in a growth corridor south west of Ballarat.
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Charter Hall picks up office, childcare centres
Charter Hall has spent $58.4 million on a trio of assets for its Social Infrastructure REIT (CQE). In the biggest
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Jim Knox buys every pub in Moree
Jim Knox has acquired Amaroo Tavern – the only Moree hotel he didn’t own. The freehold going concern is speculated
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Gina Rinehart in play for Great Keppel Island
Gina Rinehart is speculated to be paying $50 million for Great Keppel Island. The transaction, which hasn’t settled, is with
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Genius, Mayfield trade 14 childcare centres
Mayfair Childcare Limited (MFD) today announced the purchase of 14 more investments. The $39.2 million outlay is with Genius Childcare,
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Hexa banks $9.1m from Hobart investment
HEXA Group has sold Hobart’s Murray House to a Melbourne investor. The $9.1 million price for the three level asset
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Lleyton and Bec Hewitt list Melbourne family home
Tennis player turned commentator Lleyton Hewitt and his wife, former actress, Bec, are selling their Toorak family home after five
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Sofitel Wentworth collects $315m for Frasers
Frasers has sold the Sofitel Sydney Wentworth after seven years. The deal, with New York based KKR in a partnership
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Laundy family snap up Woy Woy pub
Laundy Hotels is paying $38 million for Woy Woy’s Bay View. The deal – believed to be a record price
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Panthera picks up Gold Coast mall
As part of plans to wind down, Sunland has sold the permit-ready retail component of Mermaid Waters’ The Lanes project.
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Centuria acquires $177m farm from Roc Partners
Centuria has snared another agricultural investment, at Warragul, about 100 kilometres south east of Melbourne. The deal, with the occupant,
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Charter Hall bets on Star casino
Star Entertainment Group has sold Charter Hall the Treasury Casino and a neighbouring hotel and car park for $248 million.
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Dexus banking c$1.7b from offices
Dexus is selling six office investments for a speculated total of close to $1.7 billion. Four of the assets –
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Green light for redevelopment of CSIRO Highett site
Sunkin Property Group – an arm of Wolf Group – has been given the green light to replace a former
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Jim Knox buys Moree pub portfolio
Jim Knox has acquired a trio of Moree pubs. The portfolio, speculated to be worth c$12 million, includes the Post
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Brady picks up apartment complex for hotel
Brady Group has swooped on a recently completed apartment complex with plans to convert it to a hotel. The deal
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Adelaide office collects $167m from Centuria, MA Financial
Centuria has teamed with MA Financial to acquire Adelaide’s Grenfell Centre, also known as The Black Stump. The $166.6 million
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Charter Hall invests again in Minto
Charter Hall has picked up another industrial investment at Sydney’s outer south west Minto. The 7.69 hectare site, 137-149 Airds
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AVC adds St Kilda, Yarraville pubs to stable
Australian Venue Co has acquired three Melbourne leaseholds. One – the Ball Court in Sunbury – was reported earlier this
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Charter Hall buys second Brendale block in a month
A month after paying $32.25 million for a logistics investment in Brendale’s South Pine Road – Charter Hall has snapped
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Martin Place scene of 2014 siege for lease
After close to 17 years, Lindt will quit its flagship Martin Place store. The 264 square metre space on the
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Barwon buys Brisbane, Canberra healthcare centres
Forza Capital has sold Barwon Investment Partners a South Brisbane healthcare centre for $34.7 million. The Melbourne based vendor paid
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Church swoops on Leichhardt’s historic Albert Palais
Glorious Gospel Church Life is paying $11 million for Leichhardt’s historic Albert Palais. The not for profit will additionally spend
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ESR grows Brisbane portfolio with Wacol deal
ESR has added another Brisbane industrial property to its portfolio – this time at Wacol. The prefabrication plant on 7.512
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ATMC sells Sydney campus with a leaseback
The Australian Technical and Management College has sold its USC campus, in Sydney, for $24.5 million. Offered with a three
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New outfit snaps up Newcastle pub
Reklaw Hotels, in its maiden deal, has paid $16 million for the Duke of Wellington, near Newcastle. The price reflects
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ESR divests Canning Vale warehouse
Decorative services group Borg has paid $18.5 million for a part-vacant Canning Vale warehouse. The seller, ESR, picked up the
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VinFast to sell ex-GMH Lang Lang proving ground
Two months after announcing it would not launch in Australia, VinFast is selling its landmark Lang Lang proving ground. The
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Collins Street asset once held by Bob Hawke for sale
A CBD office/retail investment once owned by late prime minister Bob Hawke is for sale. The 3.5 level asset at
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Blackstone makes $1.7b play for DALT stake
Blackstone is looking to take out a 49 per cent stake in the $3.5 billion Dexus managed Australian Logistics Trust
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Not for profits trade South Brisbane studio
Queensland Performing Arts Centre has sold a South Brisbane studio to the St Vincent de Paul Society, which has its
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Phoenix Transport expands in Berrinba
Phoenix Transport has leased a modern Berrinba warehouse held by ARA LOGOS Logistics Trust. The occupier has committed for an
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Darwin home to Shenannigans sells
The Darwin Transit Centre – which is part-occupied by the Shenannigans Irish pub – has sold to local business owners
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Lower North Shore swim school, service centre collects $20.6m
A Lane Cove West investment with long term development upside has sold for $20.56 million. The price for 4 Sirius
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Sir Don Bradman’s getaway for sale
An Adelaide Hills getaway purchased in 1959 by Sir Donald Bradman is for sale by his former daughter-in-law, Judith Bradsen.
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Mirvac proposes Docklands’ tallest apartment tower
Mirvac has applied to construct Docklands’ tallest residential building yet. The 45 level proposal, known in planning circles as Tower
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Andrew Forrest buys Gaia from Olivia Newton-John
Andrew and Nicola Forrest’s Tattarang has purchased the Gaia Retreat & Spa at Brooklet, about 15 kilometres south west of
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Slice of ex-philosophy college trades again
Panorama Investment Group has offloaded a permit-ready apartment development site at Hawthorn. The group is banking $9.7 million from the
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Abacus invests again in self storage
Abacus has spent $370 million on 22 self storage investments. Half are leased to Storage King, while five are independently
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Former footballer lists unbuilt Carl Jr
Footballer turned property developer Andrew Welsh has listed a Carl Jr restaurant under construction at Armstrong Creek. The investment –
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JY buys Roselands shopping centre stake
JY Group has paid $167 million for a half-stake in Sydney’s Roselands Shopping Centre. Challenger’s CIP Asset Management was the
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Lasseters set for $100m revamp, extension
Sam Arnaout’s Iris Capital is planning a major extension and renovation of Alice Springs’ 40 year old Lasseters complex. The
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Cbus, UniSuper strike Australia’s biggest retail deal
Cbus Property and UniSuper have partnered with AMP Capital to acquire stakes in two major shopping centres for a total
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Eastern suburb supermarket fetches $29.3m
A supermarket in the heart of a Blackburn South retail strip has sold for $29.3 million reflecting a 2.46 per
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Billbergia offloads Brisbane Skytower commercial component
A commercial portfolio within Brisbane Skytower, the city’s tallest building, has sold to a Sydney investor for $32.846 million. The
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Gateway expands in Acacia Ridge
Gateway Capital has snapped up an industrial investment next door to another it purchased last month. Its newest asset, 149-157
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Goodman secures kombucha maker to Power Park
Goodman has secured Remedy Drinks – Australia’s largest kombucha maker – to its 52 hectare Power Park Industrial Estate, in
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Woolworths sells Wollongong mall on tight yield
Woolworths’ construction arm Fabcot has offloaded a modern shopping centre with residential development upside at Bulli, 12 kilometres north of
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PGIM picks up another Brisbane office
PGIM Real Estate today confirmed the $54.5 million purchase of 444 Queen Street, in Brisbane’s CBD. The property was offloaded
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Craigieburn convenience centre collects $20m
An investor and developer has paid $20 million for a three year old Craigieburn convenience retail investment and abutting block
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SCA embarks on $108m spending spree
SCA Property Group is spending $108.1 million on four shopping centres. In the biggest deal, the group is paying $54.5m
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Equinix, PGIM form $770m data centre partnership
Equinix will develop two xScale data centres at Rosehill after striking a $770 million partnership with PGIM Real Estate –
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Ex-footballer lists Hawthorn East office
A developer led by former Collingwood footballer Paul Tuddenham has listed a two year old Hawthorn East commercial investment –
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Ascot offloads industrial, office portfolio
Ascot Capital has sold an $800 million-plus commercial property portfolio. The bulk, 23 logistics investments and an office – all
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Aventus, HomeCo REIT proposed to merge
Aventus (AVN), co-developed in 2004 by Brett Blundy and Darren Holland, and listed six years ago, is intending to merge
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The Brook freehold sold
The freehold of Point Cook’s The Brook has sold for $24.33 million, reflecting a 5.5 per cent return. The deal
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Event, Laundy trade Bass Hill hotel
Laundy Hotels is paying a speculated $28 million for Rydges Bankstown at Bass Hill, south west of Sydney. On a
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Flinders Lane’s Pawson House for sale
The warehouse converted Flinders Lane building part-occupied by high-end restaurant Coda is for sale. Pawson House, rising eight levels at
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Commercial agency commits to Essendon Fields
Colliers will relocate its North West office from Ravenhall to Essendon Fields. The commercial agency has signed a five year
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Shane Crawford quits Melbourne with Brighton home sale
Retired AFL player Shane Crawford and his partner, Olivia Anderson, have banked a speculated $8.1 million from their former Brighton
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Ex-footballer banks record price from Essendon home
Stephen ‘Wally’ Wallis has sold his Essendon home for about $8.5 million – a suburb record. The ex-Footscray captain and
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Beulah joins Fitzroy building boom
Beulah International has snapped up another inner-city development site, this time at Fitzroy. The 1190 square metre L-shaped block at
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Oreana purchases Armstrong Creek bulky goods site
Oreana has picked up a commercial development site opposite the Warralily Shopping Centre, at Armstrong Creek. The 1.28 hectare parcel,
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Ampol offers portfolio of surplus servos
Ampol is selling a portfolio of 18 service stations. The bulk are in regional locations in east coast states including
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