Skip to content
realestatesource

realestatesource

Commercial and residential property news

  • News
    • A.C.T.
    • New South Wales
    • N.T.
    • Queensland
    • South Australia
    • Victoria
    • Western Australia
  • Sectors
    • Essential services
    • Hotels
    • Industrial
    • Land
    • Office
    • Residential
    • Retail
  • Spotlight
  • About us
  • Advertise
News Victoria 

Capital Alliance wins $600m Revitalising Central Dandenong contract

December 19, 2020January 13, 2021 Marc Pallisco

Capital Alliance has won a $600 million state government contract to replace five major Dandenong blocks with commercial and residential

Read more
News Victoria 

Homes which formed entrance to Malvern’s Seeing Eye Dogs HQ fetch $6.85m

December 20, 2020December 20, 2020 Marc Pallisco

Two homes which formed the entrance to Malvern’s former Lady Nell Seeing Eye Dog School and Rehabilitation Centre, have sold

Read more
News Victoria 

Prime Value pays Stockland $89m for four Melbourne retirement villages

December 18, 2020July 19, 2021 Marc Pallisco

Stockland has offloaded four retirement villages to Melbourne’s Prime Value Asset Management which has appointed Centennial Living to operate them.

Read more
News Queensland 

Toowong office earns $25.15m from first-time commercial property investor

December 18, 2020December 18, 2020 Marc Pallisco

An offshore investor with a residential property portfolio – including in Australia at the Gold Coast – has made his

Read more
News Victoria 

Stockland outlays $60m for two unbuilt Truganina logistics investments

December 17, 2020December 21, 2020 Marc Pallisco

Stockland is continuing to push into Melbourne’s western suburb logistics space outlaying $60 million for two unbuilt Truganina warehouses. The

Read more
News Victoria 

Developer pays mortgagee $8.5m for central Box Hill block

December 18, 2020December 18, 2020 Marc Pallisco

Two Box Hill sites formerly owned by international school Canaan, which were listed by Cor Cordis as mortgagee in possession

Read more
News Queensland 

Stockland invests $193m on 700ha Ripley Valley site

December 18, 2020December 19, 2020 Marc Pallisco

Okeland Communities – which is supported by Cotswold Investments, chaired by Gavin Bunnings, whose family established the eponymous hardware chain

Read more
News Victoria 

Time & Place, Woolworths call in Carr for Glen Iris proposal

December 17, 2020December 18, 2020 Marc Pallisco

After spending $30 million on a low-rise office covering 1.1 acres in Glen Iris, Time & Place and Woolworths are

Read more
News Victoria 

Landream sells 600 Collins St to Hines for c$200m

December 16, 2020December 16, 2020 Marc Pallisco

United States development and investment giant Hines is paying a speculated $200 million for a Melbourne CBD site until recently

Read more
News Victoria 

Russell Withers banks $3.6m from ex 7-Eleven South Yarra site

December 17, 2020December 17, 2020 Marc Pallisco

A Punt Road corner site which once accommodated a 7-Eleven has been sold by that group’s ex-chairman, Russell Withers, to

Read more
News Victoria 

Gerald Delany spends $6m on South Melbourne’s historic Emerald Hotel

December 16, 2020December 16, 2020 Marc Pallisco

Kay & Burton chairman Gerald Delany has purchased the historic Emerald Hotel near the top of Albert Park Lake. The

Read more
News Victoria 

North Melbourne orthopaedic investment trades for $5.25m

December 17, 2020December 17, 2020 Marc Pallisco

A healthcare investment near the Royal Children’s Hospital has traded for $5.25 million. The 642 square metre site at 64

Read more
New South Wales News 

WSU realises $80m-plus from Caddens shopping centre, land

December 15, 2020December 16, 2020 Marc Pallisco

Western Sydney University has sold a new Caddens shopping centre and neighbouring tract to Holdmark Property Group for a speculated

Read more
News Victoria 

Victoria Police shares $650m view from southern hemisphere’s highest helipad

December 15, 2020December 16, 2020 Marc Pallisco

Victoria Police has shared images of the view from its helipad – the southern hemisphere’s highest, it added – at

Read more
News Victoria 

Melbourne childcare investments collect $28.5m in three weeks

December 15, 2020December 15, 2020 Marc Pallisco

Five Melbourne childcare centres have sold in the last three weeks – with another, pricier than all of them, expected

Read more
New South Wales News Queensland 

Stockland sells Baulkham Hills centre to Mintus for $141.25m

December 15, 2020December 16, 2020 Marc Pallisco

Stockland has exchanged a couple of major shopping centres. In Sydney, it sold Stockland Baulkham Hills to Mintus for $141.25

Read more
New South Wales News 

Real IS pays record $97m for Surry Hills office

December 16, 2020December 16, 2020 Marc Pallisco

Real I.S. Group is paying $97 million – a Surry Hills record – for its 12th Australian commercial property. Surry

Read more
New South Wales News Tasmania 

RAM spends $100m on three regional hospital investments

December 22, 2020January 11, 2021 Marc Pallisco

Real Asset Management is spending $100 million on three hospital investments for an essential services real estate trust mooted to

Read more
News Victoria 

Operator pays $3m for vandalised petrol station at Sunshine’s edge

December 15, 2020December 15, 2020 Marc Pallisco

A Sydney petrol station operator looking to expand in Melbourne has spent $3 million on a recently vacated facility in

Read more
News Queensland 

Prime sells Molendinar’s Crestwood Plaza for $17.6m

December 14, 2020December 14, 2020 Marc Pallisco

Following failed campaigns in 2018 and last year, Prime Space Projects has sold Crestwood Plaza at Molendinar, eight kilometres west

Read more
News Western Australia 

Primewest offers $88.3m for shopping centres at Dianella, Victoria Park

December 12, 2020June 22, 2021 Marc Pallisco

EXCLUSIVE Primewest is seeking to purchase two Perth shopping centres from Vicinity for another new trust. In the biggest deal

Read more
New South Wales News 

Toyota wheels $187m deal for Caringbah factory

December 14, 2020December 14, 2020 Marc Pallisco

Toyota has sold its Woolooware Bay factory for $187 million. The car maker confirmed the deal in June; the purchaser,

Read more
New South Wales News 

Canberra Raiders score $56m for Bunnings Seven Hills

December 12, 2020December 13, 2020 Marc Pallisco

HomeCo is paying $56 million to a trust set up by Canberra Raiders’ parent for Bunnings Seven Hills. The 2.23

Read more
New South Wales News 

Ascendas pays AMP $288.9m for Macquarie Park campus office complex

December 13, 2020December 14, 2020 Marc Pallisco

Ascendas Real Estate Investment Trust (Ascendas Reit) is spending $288.9 million on another Macquarie Park commercial investment. The campus complex

Read more
New South Wales News 

EG outlays $48.75m for Rockdale Bunnings with redevelopment options

December 12, 2020December 13, 2020 Marc Pallisco

EG is spending $48.75 million on Rockdale’s Bunnings with plans for an industrial redevelopment if the occupier quits upon its

Read more
News Queensland 

Ochre Health sells new Caloundra hub for $15.3m with a leaseback

December 12, 2020December 12, 2020 Marc Pallisco

Ochre Health has sold a new Caloundra medical centre with a leaseback for $15.3 million. The 1964 square metre double

Read more
New South Wales News 

Moelis matches $45m pub price record with tactical Kinselas Hotel deal

December 9, 2020December 10, 2020 Marc Pallisco

Moelis Australia Hotel Management (MAHM) is paying $45 million for Darlinghurst’s Kinselas Hotel – adjoining the Courthouse Hotel which cost

Read more
News Victoria 

Primewest pays $70m for Southbank retail, childcare investment

December 9, 2020December 9, 2020 Marc Pallisco

OSK Group has sold Melbourne Square Shopping Centre – a component of its $2.8 billion master-planned residential-based village in Southbank

Read more
News Victoria 

Amazon crosses town to Charter Hall’s 555 Collins Street for HQ

December 9, 2020December 10, 2020 Marc Pallisco

Amazon has committed to 31 per cent of an office about to start construction at 555 Collins Street, in Melbourne’s

Read more
News Victoria 

Taco Bell chooses Roxburgh Park for its first Victorian drive-thru

December 9, 2020December 10, 2020 Marc Pallisco

Taco Bell – which in Australia is franchised to Collins Food Limited, also KFC’s parent – has rented a former

Read more
News Victoria 

El Jannah rents ninth restaurant – and first outside NSW

December 11, 2020December 12, 2020 Marc Pallisco

El Jannah has chosen a recently vacated Hungry Jack’s in Preston for its maiden Melbourne restaurant. The fast-food retailer has

Read more
N.T. New South Wales News Queensland 

Charter Hall spends $319.4m for Long WALE REIT

December 9, 2020December 9, 2020 Marc Pallisco

Charter Hall has spent $309.6 million on two east coast investments for its Long WALE REIT (CLW). The trust will

Read more
News Queensland Victoria 

Allianz, Charter Hall pay Aldi $281.4m for two more distribution centres

December 7, 2020January 21, 2021 Marc Pallisco

EXCLUSIVE Aldi has sold two more near-new distribution centres with leasebacks to a partnership comprising Allianz Real Estate and Charter

Read more
New South Wales News 

Iris Capital sets record with $45m Narwee Hotel buy

December 7, 2020December 7, 2020 Marc Pallisco

Iris Capital is paying $45 million for south west Sydney’s Narwee Hotel – a deal which could end the year

Read more
New South Wales News Queensland Victoria Western Australia 

GIC paying Mirvac, NRMA c$600m for 11 Travelodge hotels, brand

December 7, 2020December 7, 2020 Marc Pallisco

Singaporean sovereign wealth fund GIC, advised by Salter Brothers, is paying more than $600 million for 11 Travelodge inns including

Read more
New South Wales News 

Charter Hall sells North Sydney office for $212m

December 7, 2020December 7, 2020 Marc Pallisco

Charter Hall has sold a North Sydney office after a direct offer from local fund manager Intera Group. The $212

Read more
News Queensland 

Potter to replace Bundall ice skating rink with industrial estate

December 6, 2020December 6, 2020 Marc Pallisco

The Potter Group is paying $2.8 million for an ice skating rink two kilometres south west of Surfers Paradise with

Read more
New South Wales News Queensland Victoria 

HomeCo spends $163m on seven assets – six to seed HealthCo REIT

December 4, 2020December 4, 2020 Marc Pallisco

Home Consortium is spending $163 million on seven east coast investments. Six, worth $131m, are essential services backed and will

Read more
News Victoria 

Investa, Oxford buy ex-Footscray public site for $450m Build to Rent project

December 3, 2020December 4, 2020 Marc Pallisco

A prominent Footscray site which was publicly owned until late 2016 has sold to Investa Office Management and Oxford Properties

Read more
News South Australia 

Australian Unity pays $48.25m for Osborne’s Centre of Defence, land

December 4, 2020December 4, 2020 Marc Pallisco

Prime Space Projects has sold Osborne’s Centre of Defence – a 10 year old office – with an adjoining tract

Read more
News Victoria 

Social housing group Unison pays $2m for permit-ready Preston site

December 2, 2020December 4, 2020 Marc Pallisco

A social housing provider has purchased a Preston block approved for a six-level complex with 24 apartments. The 573 square

Read more
News Queensland 

Kerching rings up $12.6m from Sandstone Point Village

December 4, 2020December 4, 2020 Marc Pallisco

Kerching Capital has sold Sandstone Point Village – a modern shopping centre in Brisbane’s outer north – for $12.6 million.

Read more
News Queensland 

Banyo distribution centre investment collects $6.1m

December 8, 2020December 8, 2020 Marc Pallisco

A distribution centre near Brisbane Airport has sold for $6.1 million. Based on the net yield – 6.3 per cent

Read more
News Victoria 

Quarantined Melburnian in Beijing uses WeChat to win $7.3m petrol station auction

December 10, 2020December 11, 2020 Marc Pallisco

A Cranbourne North convenience investment sold at auction to a local using WeChat from hotel quarantine in Beijing. It was

Read more
News Victoria 

Charter Hall pre-commits, relocates Visy to c$55m Epping facility

December 3, 2020December 4, 2020 Marc Pallisco

Charter Hall has acquired a 6.45 hectare industrial site in Melbourne’s north Epping and pre-committed Visy Logistics to a 34,777

Read more
New South Wales News 

Gladesville bottle shop sells for $10.8m

December 10, 2020December 10, 2020 Marc Pallisco

The Gladesville Dan Murphy’s – marketed as an essential services backed retail investment – sold for $10.8 million on Tuesday

Read more
News Western Australia 

Elanor invests $22.9m on Rockingham medical centre

December 3, 2020December 14, 2020 Marc Pallisco

Elanor Investors Group (ENN) has spent $22.9 million on a three year old Rockingham medical centre. Two Civic Boulevard is

Read more
News Victoria 

Offshore developer outlays $5.3m for Carnegie apartment site

December 4, 2020December 7, 2020 Marc Pallisco

An offshore developer is paying $5.3 million for a Carnegie site earmarked a six storey apartment complex. The 2017 square

Read more
New South Wales News 

Linfox leases 55,000 sqm at Stockland’s Forrester Distribution Centre

December 2, 2020December 3, 2020 Marc Pallisco

Asia Pacific’s largest privately owned logistics company, Linfox, has signed a landmark lease at Stockland’s Forrester Distribution Centre in Sydney’s

Read more
News Queensland 

GM Property pays $10.4m for Wacol industrial investment

December 3, 2020December 3, 2020 Marc Pallisco

Perth investor, developer and manager GM Property, has paid $10.4 million – reflecting a six per cent net passing yield

Read more
New South Wales News 

GPT sells Lendlease quarter of 1 Farrer Place for $584.6m

December 2, 2020December 2, 2020 Marc Pallisco

The GPT Group has sold its quarter interest in a multi-building Sydney CBD office investment to a co-owner, the Lendlease

Read more
News Victoria 

Arden development cycle clicks into gear with Mustang inspired VACC HQ

December 1, 2020December 3, 2020 Marc Pallisco

Construction of the Victorian Automobile Chamber of Commerce’s headquarters has begun. At a socially distanced event last month, the motor

Read more
New South Wales News 

Curtis, Gonski, Mordant sell Alexandria Bunnings for $70m

December 1, 2020February 8, 2021 Marc Pallisco

Charter Hall is paying $70 million for an outgoing Bunnings outlet on 1.9 hectares near Sydney Airport with plans to

Read more
News Victoria 

GPT pays Charter Hall $127.6m for Truganina industrial investments, land

December 2, 2020December 3, 2020 Marc Pallisco

Charter Hall has sold part of its Drystone Industrial Estate in Melbourne’s west Truganina to The GPT Group for $120

Read more
News Victoria 

Cherry Bar takes over Footscray’s The Reverence Hotel

November 30, 2020November 30, 2020 Marc Pallisco

James Young – who until last March ran AC/DC Lane’s Cherry Bar – resurfaced yesterday at Footscray’s The Reverence Hotel

Read more
New South Wales News 

Goodtime sells East Village Hotel after nine months, different marketing strategy

November 30, 2020November 30, 2020 Marc Pallisco

Goodtime Hospitality has sold Darlinghurst’s East Village Hotel – built in 1918 as the Tradesman’s Arms. The leasehold and freehold

Read more
News Queensland 

Pacific Optics to consolidate at Yatala Central factory with a basketball court

November 30, 2020November 30, 2020 Marc Pallisco

Pacific Optics Pty Ltd will consolidate three south east Queensland facilities after leasing a factory under construction at Frasers Property

Read more
New South Wales News 

St Vincent’s Hospital buys Darlinghurst’s Green Park Hotel

November 30, 2020November 30, 2020 Marc Pallisco

A 127 year old Darlinghust pub will be converted into a mental health-based community service facility after being purchased by

Read more
News Queensland 

Barwon Investment Partners sells Newmarket medical centre for $11.4m

November 30, 2020November 30, 2020 Marc Pallisco

Medical fund manager Barwon Investment Partners has banked $11.4 million from a purpose-built healthcare facility in Brisbane’s inner-north Newmarket. The

Read more
News Victoria 

Megan Gale and Shaun Hampson spend $805k on Daylesford weekender

November 27, 2020November 28, 2020 Marc Pallisco

Model and businesswoman Megan Gale with fiancé, ex-Carlton and Richmond footballer Shaun Hampson, has spent $805,000 for weekender Dollywood Daylesford,

Read more
News Victoria 

Three south east Melbourne medical centres net $13.5m

November 28, 2020November 29, 2020 Marc Pallisco

Three healthcare assets in two south east Melbourne growth precincts have sold – one to an occupier. In Berwick, the

Read more
New South Wales News 

Good Beer Co sells Paddington’s Four in Hand for $8.25m

November 27, 2020November 27, 2020 Marc Pallisco

John Azar’s The Good Beer Co has sold its second east Sydney hotel in a week. The Four in Hand

Read more
News Victoria 

Abbotsford plot opposite brewery earns $8.3m from land banker

November 27, 2020November 30, 2020 Marc Pallisco

An Abbotsford industrial property with significant development upside opposite Carlton & United Breweries’ main plant traded for $8.3 million –

Read more
News Victoria 

Garry Lyon, Nicky Brownless list Armadale home after two years

November 27, 2020November 27, 2020 Marc Pallisco

EXCLUSIVE Garry Lyon and Nicky Brownless are selling the renovated Armadale home they bought for $3.18 million in mid-2018. The

Read more
News Victoria 

Cadence buys $10m West Footscray industrial site

November 28, 2020November 28, 2020 Marc Pallisco

Cadence has closed a capital raising allowing it to buy another west Melbourne infill industrial development site – this time

Read more
News Victoria 

Former MasterChef judge Gary Mehigan lists Malvern East Victorian

November 25, 2020November 25, 2020 Marc Pallisco

EXCLUSIVE Former MasterChef judge, Gary Mehigan, is selling his renovated Victorian in Malvern East’s leafy Gascoigne Estate. The four bedroom

Read more
News Victoria 

Prahran corner building trades for over $6m

November 27, 2020November 27, 2020 Marc Pallisco

A double-storey office/warehouse in a relatively less gentrified part of Prahran has sold for a speculated price of more than

Read more
News Victoria 

GrainCorp offloads prominent Sunshine grain silos

November 27, 2020November 27, 2020 Marc Pallisco

GrainCorp has offloaded a vacant high-profile grain silo facility in Melbourne’s west Sunshine. On a 2.27 hectare long thin site,

Read more
News Queensland South Australia Western Australia 

Primewest spends $17.5m on childcare centres for new income fund

November 26, 2020November 27, 2020 Marc Pallisco

EXCLUSIVE Primewest is acquiring three childcare centres for a new fund. In the priciest deal, it is paying $7.25 million

Read more
News Western Australia 

Sentinel proposes 24 level Build to Rent based complex at Scarborough

November 26, 2020March 29, 2021 Marc Pallisco

Sentinel Real Estate has snapped up a block 200 metres from Scarborough Beach for its third Australian Build to Rent

Read more
A.C.T. New South Wales News Queensland Victoria 

Iris Capital pays AccorInvest c$180m for distressed iProsperity portfolio

November 26, 2020November 26, 2020 Marc Pallisco

Sydney publican Sam Arnaout is paying AccorInvest c$180 million for 17 Ibis hotels. Twelve are in the purchaser’s home state

Read more
News Queensland 

Elanor seeds fund with $80.2m Woolloongabba healthcare, office asset

November 26, 2020November 26, 2020 Marc Pallisco

Elanor Investors Group (ENN) will seed its third fund in three months with a Woolloongabba mixed-use commercial investment costing $80.2

Read more
News 

Lendlease finance head Tarun Gupta to replace Mark Steinert as Stockland chief

November 26, 2020November 26, 2020 Marc Pallisco

The board of Australia’s largest listed developer, Stockland, has chosen Tarun Gupta to replace Mark Steinert as managing director and

Read more
New South Wales News 

Justin Hemmes pays Good Beer Co c$32m for Randwick’s Duke of Gloucester

November 25, 2020November 27, 2020 Marc Pallisco

The Good Beer Co has sold Randwick’s Duke of Gloucester Hotel to Justin Hemmes’ Merivale Group for about $32 million

Read more
News Queensland Victoria 

Mirvac unveils projects in Brisbane, Brunswick and Doncaster

November 25, 2020November 27, 2020 Marc Pallisco

Sydney based Mirvac has unveiled three projects of varying budgets in the capitals north and south of it. In Melbourne’s

Read more
News Queensland 

QICGRE sells Marsden shopping centre to new HomeCo trust for $48m

November 25, 2020November 25, 2020 Marc Pallisco

Home Consortium managed HomeCo Daily Needs REIT, which listed this week, is paying QIC Global Real Estate $48 million for

Read more
New South Wales News 

PBA pockets $54m from under-utilised North Sydney office

November 25, 2020December 7, 2020 Marc Pallisco

Property Bank Australia (PBA) has sold an under-rented office with development upside in North Sydney for $54 million to Western

Read more
News Queensland 

Bowen Hills amalgamation collects $10.2m

November 25, 2020November 25, 2020 Marc Pallisco

A portfolio of seven neighbouring Bowen Hills properties has sold for $10.23 million. The offering spreads 3276 square metres within

Read more
News Queensland 

Forza Capital pays Mirvac $86.8m for Brisbane CBD office

November 23, 2020November 23, 2020 Marc Pallisco

Forza Capital has picked up a B-grade Brisbane CBD office for $86.75 million. The deal for 340 Adelaide Street, with

Read more
News Victoria 

Spotlight sews up developers for $5.6m Richmond showroom

November 20, 2020November 26, 2020 Marc Pallisco

A Richmond showroom – part of racing car driver Ray Christie’s estate and held by the family for some 70

Read more
  • ← Previous
  • Next →

Recent Posts

  • Costco sells ex-Docklands store June 6, 2025
  • Local developer secures another Barwon River site June 6, 2025
  • Centennial snares Adelaide office for discount June 5, 2025
  • Goodyear assigns Adelaide warehouse lease June 5, 2025
  • Footballer turned developer drops $250m for kale farm June 4, 2025
  • Fraser Brown lists swank new office June 4, 2025
  • Metrics secures another apartment site June 4, 2025
  • Interstate asset managers trade Victorian homemaker centre June 4, 2025
  • US promoting giant secures site for arena June 4, 2025
  • ASX-listed giant buys tourist park for growing sector June 3, 2025
  • About us
  • Contact us
  • Terms and Conditions
  • Privacy Policy

Subscribe to our newsletter


    Copyright © 2025 realestatesource. All rights reserved.
    • Sign in

    Forgot your password?

    Lost your password? Please enter your email address. You will receive mail with link to set new password.

    Back to login

    error: Content is protected !!
    property news delivered
    stay up to date by subscribing to our free newsletter