Spotlight buys into Hervey Bay with development plan
Bunnings has quietly sold the prime Hervey Bay site it picked up 11 years ago to keep then-rival Masters out.
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Aviator offloads Ashgrove health hub
Aviator Capital has sold the Ashgrove medical centre which was its maiden Brisbane investment four years ago. The Highpoint Wellness
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LOGOS, AustralianSuper snare Qantas portfolio
LOGOS, backed by the Abu Dhabi Investment Authority – a partnership known as the LOGOS Australia Logistics Venture (LALV) –
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Cromwell acquires another Brisbane office
ISPT has sold one of two major offices listed mid-year. The Brisbane asset, 100 Creek Street, is trading for $184.7
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HealthCo spends $200m on essential services assets
HealthCo’s Health and Wellness REIT (HCW) has announced a series of acquisitions increasing its portfolio value 20 per cent to
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Chemist Warehouse co-founder forks out $43m for mansion
Chemist Warehouse co-founder Sam Gance has spent $43 million on a contemporary mansion in Toorak’s Lansell Road. The property was
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Primewest snaps up Potts Point retail investment
Primewest has purchased the sixth asset for its Daily Needs Retail fund (DNR) – at Potts Point, in Sydney’s inner
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Charter Hall spends $102m on Adelaide industrial
Charter Hall has purchased two government backed industrial investments for a total of $102 million. They will be held in
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Dexus purchases Moorebank land for logistics park
Dexus and its managed Industria REIT (Industria) – formerly the APN Industria REIT – have picked up a Moorebank industrial
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NorthWest outlays $93m on cancer centre
New Zealand listed Vital Healthcare Property Trust – controlled by NorthWest Healthcare Properties Management – has outlaid $92.75m for Adelaide’s
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Zagame family offload another hotel
The Zagame family is a step closer to quitting the pub sector, selling the Boronia Hotel freehold. The deal, to
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Jon Adgemis snares Annandale pub
Jon Adgemis has acquired the freehold going concern of Annandale’s Empire Hotel. It is the second pub the businessman has
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Vicinity acquires Harbour Town stake
Lendlease has sold its half stake in Gold Coast’s Harbour Town shopping centre for $358 million. Vicinity Centres is the
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Jackalope Hotels founder picks up another Flinders Lane building
Louis Li has purchased a warehouse converted CBD office neighbouring his Maria George building, which is earmarked for a Jackalope
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ID_Land expands to Queensland
ID_Land is speculated to be paying $70 million for the balance of the Waterlea estate in Walloon, west of Ipswich.
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Goodman expands Fishermans Bend holding
Goodman Group is speculated to be paying close to $40 million for a 1.42 hectare industrial investment abutting its Port
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Indonesian investor buys legal precinct office
An Indonesian investor, in its maiden Australian purchase, has snapped up the former Valuer General’s office in Melbourne’s legal precinct.
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Lendlease sells Geraldton mall
Centuria managed Primewest will create a single asset unlisted fund following the purchase of Geraldton’s Northgate Shopping Centre from Lendlease.
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HPI grows Melbourne pub portfolio
Hotel Property Investments has swooped on another Melbourne pub, this time in Sunbury. The Ball Court Hotel at 60 Macedon
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Harvest adds Woy Woy Hotel to portfolio
Harvest Hotels has picked up the Central Coast’s Woy Woy Hotel following an off-market deal. The unlisted fund manager is
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Sentinel spends $420m on Darwin shopping centre
Sentinel is spending c$420 million on Darwin’s Casuarina Square shopping centre. The deal with GPT Group is being struck near
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Vineyard Hotel sells for c$70m
The Vineyard Hotel, in Sydney’s outer north west, has sold for c$70 million. On 7.69 hectares at 725 Windsor Road,
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Paul Ramsay Foundation backed group spends on social housing
Conscious Investment Management – backed by the Paul Ramsay Foundation (PRF) and Future Super – has acquired a portfolio of
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Government earns $36m from Longs Lane terraces
After two years, the state government has sold The Rocks’ historic Longs Lane precinct. The leasehold deal for 17 residences
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Billionaire family sell Gosford holding
The Karedis family has sold a Gosford holding permit-ready for a mixed-use complex with two residential buildings, the tallest rising
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Tenant buys Ringwood car dealership
The operators of Ringwood Mazda have paid $15 million for the dealership and service centre they have occupied for two
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Two St Kilda Road offices for sale
Two St Kilda Road offices purchased by separate parties within months of each other in 2012 hit the market this
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Underutilised South Melbourne blocks hit the market
Two more small South Melbourne investments with development upside have hit the market. In what is expected to be the
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St Kilda site collects $23.5m
A China backed apartment developer, in its maiden Australian deal, has purchased the St Kilda site which was Toyota’s first
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Charter Hall picks up Imperial Hotel
Charter Hall has spent $6.618 million for the Imperial Hotel at Beenleigh, about 35 kilometres south east of Brisbane. The
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Occupier snaps up Malvern office
An owner-occupier has outlaid $10.15 million for a vacant, recently renovated office opposite Malvern station. The deal for 17-23 Station
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Mirae offloads Canberra office
South Korean fund manager Mirae Asset Global Investments is selling a central Canberra office for $335 million. The deal for
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GPT divests Wollongong Central after 25 years
Haben intends to seed a fund with a Wollongong shopping centre and office it is picking up for $402 million.
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Greenpool, Qualitas acquire stake in Gold Coast mall
Greenpool Capital and Qualitas have snapped up a half-stake of Gold Coast’s Runaway Bay Centre. The $128 million price reflects
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Blackstone sells Warrawong shopping centre
Blackstone has sold Wollongong’s Warrawong Plaza a year after a deal to Panthera Property Group fell through. It has taken
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NorthWest, Epworth strike three property deals
Epworth Healthcare has sold a Richmond rehabilitation clinic and a half stake in its Waurn Ponds hospital to NorthWest Healthcare
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Arrow spends $50m on Brisbane industrial sites
Arrow Capital Partners is spending $50 million on three Brisbane industrial sites. The deal includes 14 hectares at the Citiswich
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Sydney bulky goods centre fetches $28m from EG
EG has purchased the priciest property yet for its Private Wealth division – which was launched last September. The fully
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Satterley acquires Tarneit housing site
Satterley is continuing to replenish its Melbourne development pipeline, picking up a permit-ready Tarneit site from New Sky Group. The
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Supra Capital expands interstate
Melbourne based Supra Capital has opened a Brisbane office. The alternative lender, whose board includes Melbourne Cricket Club president Michael
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MPG picks up Ballina, Bendigo offices
MPG Funds Management has announced it acquired four regional investments for $53.25 million on a blended 6.25 per cent yield.
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Two small malls sell in Queensland
MPG Funds Management is paying $13 million for Sarina Village Shopping Centre, 40 kilometres south of Mackay. The deal for
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Nick Scali buys Plush
Nick Scali has purchased rival sofa retailer Plush from Greenlit Brands. The $103 million deal will see the buyer control
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Historic Burnley malthouse for sale
The recently vacated Barrett and Burston malting house in Burnley, overlooking Toorak, has been listed as a development site. At
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Spirit Super strikes Tasmania’s biggest property deal
Spirit Super, created six months ago with the merging of MTAA Super and Tasplan, is paying c$330 million for Hobart’s
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Oscars buy into Tamworth pub portfolio
Bill and Mario Gravanis’ Oscars Hotel Group has purchased a half stake in The Pub Group Tamworth portfolio. The balance
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ESR expands industrial estate with $17.7m deal
ESR Australia has paid $17.65 million for a seven hectare Berrinba industrial development site. The block abuts the group’s Gilmore
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Summerset snaps up Oakleigh South block
New Zealand based retirement village operator Summerset Group has snapped up its fifth Victorian site – in Melbourne’s south east.
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Renewal SA appoints developer for Oakden housing project
Renewal SA has chosen Villawood Properties to replace the former Hillcrest Hospital Strathmont Centre and adjoining aged care and mental
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Aliro strikes deals in Geebung, Laverton North
Aliro Group has snapped up Pickles Auctions’ Geebung office/warehouse, and a neighbouring industrial property, as a value-add play. The $67.75
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Childcare centre sells at sub three per cent yield
A Central Coast childcare centre has traded for $7.5 million setting a state record low 2.99 per cent yield for
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Link in play for three Sydney shopping centres
Link REIT – Asia’s biggest real estate trust – is in due diligence for a half stake of three Sydney
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Bunnings lists Hervey Bay store
Bunnings is offering another unbuilt outlet – this time in Hervey Bay. The hardware chain can expect about $55 million
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Scape, UTS trade accommodation portfolio
Scape is paying the University of Technology Sydney a speculated $95 million for three student housing assets with a total
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Bunnings sells unbuilt South Kempsey store
Bunnings has sold its unbuilt South Kempsey store to a Lowe Group managed syndicate on a funds through basis. The
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Trilogy buys Hexham warehouse
Trilogy Funds Management has picked up a contemporary office/warehouse at Hexham, north west of Newcastle. The 2.98 hectare property, 16
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Hacer snares ex-Camberwell funeral home
The former Le Pine funeral home and an adjoining office, in Camberwell, have sold for about $25 million to Hacer’s
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Investors spend $30.35m on leaseback assets
Six commercial assets offered with leasebacks sold at a portfolio auction event yesterday. The priciest, a Sunbury Ford dealership, collected
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APN outlays $24.4m on convenience retail
APN Funds Management is outlaying $24.4m on two convenience retail investments. At Riverview, in suburban Brisbane, and Dubbo – 400km
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Growthpoint invests again in APN fund
Growthpoint Properties Australia is seeking to acquire 14.74 per cent of new securities for the APN Industria REIT (ADI). The
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Powerbroker lists Laconia House
Helloworld Travel director, former Liberal government treasurer Andrew Burnes, is selling South Melbourne’s historic Laconia Woollen Mills, nowadays known as
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Peet replenishes in Wollert
In Wollert’s second major housing estate deal this quarter, Peet Limited is paying a speculated $30 million for the balance
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NZ operator spends $30m on Melbourne retirement village site
New Zealand listed Summerset Group has swooped on a Craigieburn block with plans for a 200-lot retirement village and serviced
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Rozelle medical centre set for upsize
A double storey medical centre and two smaller shops covering a prominent 600 square metre corner, at Rozelle, have sold
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Developer snaps up Double Bay Plaza
Top Spring Australia has outlaid $94 million for the prominent Double Bay Plaza. The 1334 square metre site, 19-27 Cross
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Charter Hall picks up Toyota forklift factory
Charter Hall is paying $21 million for a modern Larapinta property occupied by Toyota Material Handling. The 7094 warehouse, office
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Ex Guides Victoria office for sale
Former Piping Hot owner and managing director Mark Johannsen is selling a South Melbourne office after 14 years. The executive
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Melton Station Square sells after revamp
Another neighbourhood shopping centre has sold, this time in Melton South. Melton Station Square, at the north west corner of
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Industrial assets collect $351m from Centuria
Centuria has snapped up eight fully leased warehouses, boosting the value of its Industrial REIT (CIP) by 10 per cent.
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Dexus, APN spend $1.5b on airport, warehouses, land
Dexus, in partnership with APN Industria REIT (ADI) – which it now manages – has spent nearly $1.5 billion on
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Lake Illawarra Hotel trades locally
The Hampton family has sold Windang’s Lake Illawarra Hotel after 36 years. At 198 Windang Road, the former Tooth’s brewery
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DMC leases another warehouse
Direct Mail Corporation has leased a new Epping warehouse to accommodate its third party logistics arm. The occupier has signed
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EG picks up Newcastle industrial estate
EG, for its Private Wealth division, has spent $7.82 million on a Newcastle industrial investment with development upside. On a
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Third time lucky for Jam Factory revamp
An application to redevelop South Yarra’s Jam Factory as a mixed-use village with an end value of $1.5 billion will
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Woolworths sells Greenvale Lakes shopping centre
Woolworths has sold a new Roxburgh Park shopping centre for $27.7 million. The price for Woolworths Greenvale Lakes at 200-230
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Minogue family list Hawthorn office
The Minogue family is selling an A-grade Hawthorn office acquired during construction in 2007. At 108-110 Church Street, the asset
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Avon Court discounted again
Avon Court, in Hawthorn’s prestigious St James Park precinct, has been relisted with a revised price guide. The four-storey property
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Aspen settles on Perth apartment blocks
Aspen Capital has settled on 17 Perth apartment blocks – offloaded by the Buckeridge Group of Companies via a Nomination
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Centuria spends $167m on healthcare assets
Centuria has purchased seven fully leased essential services investments for its Healthcare Property Fund (CHPF). The acquisitions double the number
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Footwear giant commits to high-tech warehouse
Munro Footwear Group – which turns 60 next year – has pre-committed to a high-tech distribution centre at Charter Hall’s
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