Quintessential buys back Adelaide office
Quintessential Equity has bought back an Adelaide office it sold in 2008. The Commonwealth Bank building – 100 King William
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Arden 2.0 at a glance
A revised structure plan affecting Arden, in Melbourne’s inner north west, has been made public for consultation ahead of a
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Lendlease, Morgan Stanley seed fund with $430m portfolio
Lendlease and Morgan Stanley Real Estate Investing have acquired five warehouses and three blocks of industrial land which, when developed,
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Westbridge bolsters Brisbane industrial portfolio
A week after paying Centuria $16.1 million for a Wacol warehouse, Westbridge Funds Management has picked up a smaller one
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Charter Hall bids for ALE Property Group
Charter Hall – for its Long WALE REIT (CLW) and a trust managed for Hostplus – has entered a Scheme
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Charter Hall spends $66.9m on warehouses
Charter Hall has added two east coast industrial investments to the Long WALE REIT (CLW). In the biggest deal, the
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Ex-Aesop HQ earmarked for apartments
Urban is proposing to replace Fitzroy’s recently vacated Aesop headquarters with an eight storey apartment building topped with a 148
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Gateway invests in Brisbane, Melbourne
Gateway Capital has picked up two more east coast infill industrial assets. The properties will be held in the Gateway
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Developer swoops on Verona Cinema
The Verona Cinema, in Paddington, is speculated to be selling for $35 million – some 15 per cent over expectation.
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Goodman spends $140m at Clyde
Toplace, directed by local developer Jean Nassif, has sold a Clyde industrial holding to the Goodman Australia Industrial Partnership for
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Little Projects picks up Richmond site
Neighbouring properties on Brighton Street, Richmond, accrued by late rag trader Geoff Bade, are selling to Little Projects for a
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Billy Brownless adds another pub to portfolio
Former footballer Billy Brownless has added another Geelong pub to his hotel portfolio. The leasehold of the Commun na Feinne,
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Chemist Warehouse execs buy ex-bank to occupy
A former bank beside Richmond Town Hall has been purchased by interests associated with Chemist Warehouse, with plans to occupy.
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Demons sell Bentleigh pub to developer
As part of plans to exit the gambling industry by next August, Melbourne Football Club has sold a Bentleigh pub
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Clarence snaps up northern NSW sites
Clarence Property has snapped up two low density residential sites between Byron Bay and the Gold Coast. At Bilambil Heights,
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Hunters Hill childcare centre sells in a day
A Hunters Hill childcare has sold for a speculated $11 million the day after the agency sent the listing to
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Ingenia buys Carrum Downs, Sunshine Coast sites
Ingenia Communities is paying $10 million for a Carrum Downs seniors housing investment. Protea Village, on 6279 square metres at
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Nu-Pure expands into Centennial estate
Spring water bottler and distributor Nu-Pure has pre-committed to a warehouse at Truganina’s Boundary Industrial Park. The 16,017 square metre
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Goodman buys piece of ex-Orica chemical plant
Orica has sold Goodman Group a 3.995 hectare slice of a former chlor-alkali plant, at Banksmeadow. The deal for Lot
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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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QIC picks up near-new Craigieburn mall
QIC has picked up the two year old Craigieburn Junction homemaker centre, in Melbourne’s north. The $135 million deal is
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Fishermans Bend sites collecting $100m-plus
Two major Fishermans Bend sites are selling for a total of over $100 million. In the biggest deal, a modern,
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Centuria to build Adelaide CBD office
Centuria will develop a $40 million office on an open-air car park beside an Adelaide CBD commercial investment it picked
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Zagame family sell Reservoir hotel
The Zagame family has sold the freehold of Reservoir’s Edwardes Lake Hotel for $28 million. The deal, with Hotel Property
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Go-ahead for Bellfield social housing project
A $24 million social housing project will replace part of the ex-Banksia La Trobe Secondary College, in Bellfield, following a
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HomeCo goes on $222m shopping spree
Home Consortium (HomeCo) has added six retail investments to its Daily Needs Trust (HDN), which floated last November. Two of
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NPP picks up Nar Nar Goon housing site
National Pacific Properties – an arm of Burbank Group – is paying $48.5 million for a Nar Nar Goon farm
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Jinding snaps up Kilmore housing block
Jinding Developments has snapped up another site on Melbourne’s outskirts with plans for a low density housing estate. At Quinns
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Aliro acquires Tottenham industrial site
Aliro Group has snapped up a prominent Tottenham industrial site from Cadence with plans for an 84,000 square metre logistics
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Living Choice purchases Dural land
Living Choice has picked up a Dural site permit-ready for a 66-bed aged care facility and 91 independent living apartments.
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Marrickville building sold for apartments
A Canberra developer is paying $9.35 million for a three level Marrickville building permit-ready for a residential conversion. The sale
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Co-work group buys ex-Australian Sailing Museum
WOTSO Property (WOT) has picked up Mandurah’s ex-Australian Sailing Museum for $2 million. The ASX listed co-work office provider intends
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Norton Central trades again
Norton Central, in Leichhardt, has sold for the second time in two years. The c2005 double storey building at 70
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HThree swoops on Collins Street office
Vantage Property Investments has sold a Collins Street office for more than twice what it paid in 2015. HThree City
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Parramatta council snaps up $64m office
The City of Parramatta is paying $64 million for an office abutting its Wentworth Street Car Park. The commercial investment,
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Stockland doubles down in Geelong
Stockland has purchased its second Armstrong Creek development site in three weeks. The latest property, 529-549 Horseshoe Bend Road, is
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Lucent snares Northcote townhouse site
Lucent is understood to be paying well over $20 million for a former bacon and cured meat manufacturing plant, in
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Eastwood retail investment collects $18m
A retail investment in central Eastwood has sold for $18 million. The 1216 square metre complex, 2 Progress Avenue, is
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Stawell servo sells mid-construction
A Stawell service station and truck stop – which is still under construction – has sold for $8 million. The
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Sony relocates North Sydney HQ
Sony Australia will relocate its electronics division’s headquarters within North Sydney. The technology giant has leased 1700 square metres –
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Government offers ex-Manly Hospital
The state government is seeking a private sector partner to redevelop the ex-Manly Hospital, which closed in 2018. The 4.66
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Kylie Minogue sells Melbourne home
EXCLUSIVE Kylie Minogue has quietly sold an Armadale home after 31 years. The London-based entertainer banked $1.715 million for 25
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Historic Balmain hotel sold
Peninsula Hospitality Group has snapped up one of Balmain’s oldest licensed pubs – the Dry Dock Hotel. At 22 Cameron
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Centuria offloads Brisbane warehouse
Westbridge Funds Management is paying $16.1 million for a Wacol industrial investment. The deal, with Centuria, which held it in
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Developer spends $6.42m in South Morang
A developer has purchased a South Morang block permit-ready for 36 townhouses. At 60 Gorge Road, also with frontage to
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Society of Model Engineers sells Luddenham home
The Sydney Society of Model Engineers has sold a Luddenham property after five decades. Also known as The Model Park,
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Stronghold picks up Cairns pub, development sites
Stronghold Investment Management has added a Cairns pub and neighbouring apartment development sites to its diversified portfolio. The Grand Hotel,
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Woolworths’ HQ sells
Singapore investment house AIMS Financial Group, which manages the AIMS APAC REIT – also known as AA REIT – is
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Oscars buys riverside Brisbane hotel
Bill and Mario Gravanis’ Oscars Hotel Group is paying a speculated $50 million for the Oakwood guesthouse beside Brisbane’s Story
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Charter Hall, Centuria trade Port Adelaide office
Centuria will create a single asset unlisted fund with the purchase of a modern Port Adelaide office. Fully leased to
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ESR picks up Villawood industrial site
ESR is paying $58.1 million for an industrial investment with medium-term development upside, in Villawood. The 7.45 hectare property, 9
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Yarraville’s Bradmill site sells again
Frasers Property Australia in partnership with Irongate Group is paying a speculated $225 million for Yarraville’s former Bradmill site and
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Charter Hall secures QLS to west Sydney industrial park
QLS Logistics has signed a 10 year lease for an industrial facility Charter Hall is constructing in Sydney’s west. The
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Coles, Primewest trade Byford property again
Coles Group has sold a four year old shopping centre to Primewest – the group it bought the land to
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Dexus acquires Northern Beaches hospital
Breckenridge Funds Management has sold a Warriewood sub-acute rehabilitation clinic to Dexus, which will hold it in the Healthcare Property
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Revelop picks up Latrobe Valley shopping centre
Revelop has snapped up a small shopping centre in Victoria’s Latrobe Valley. West Place, in Churchill, contains 4703 square metres
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St Leonards office stake switches between Centuria funds
Centuria, on behalf of its Office REIT (COF), is paying $68 million for the half-share of a St Leonards office
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HealthCo REIT soars on debut
Home Consortium’s HealthCo Healthcare & Wellness REIT (HCW) listed today. Units in the fund closed at $2.32 – or 16
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Charter Hall finds partner for Australia Post HQ
Charter Hall has found an investment partner – Victorian Funds Management Corporation – to hold a Richmond office pre-committed to
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State government buys $60.5m site for freeway
The Palaszczuk government is paying $60.5 million for a high-density apartment site it intends to use for an infrastructure project.
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Isaac swoops on Cranebrook block
Convenience retail developer Isaac Property has swooped on a site in Sydney’s outer west Cranebrook. The 1.49 hectare parcel, 1
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Developer snaps up Newtown Jets HQ
The Marrickville warehouse home to the Newtown Rugby League Football Club has sold for $38 million. The buyer is understood
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Regis grows aged care pipeline
Regis Healthcare has paid $14.15 million for a Belrose aged care site. The 2.145 hectare parcel, 181 Forest Way, was
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Trilogy adds Sunshine Coast warehouse to portfolio
Trilogy Funds Management is paying $22.05 million for a Coolum Beach industrial investment. The price for 15-17 Dacmar Road reflects
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Creative Cubes leases Carlton ex-supermarket
Co-work outfit Creative Cubes has leased nearly 2000 square metres at Banco Group’s Lygon Court. The Carlton venue will be
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Rodd & Gunn choose CBD for HQ
Rodd & Gunn will relocate its national headquarters to Melbourne’s historic Manchester House. The high end clothing and accessories retailer
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Triumph spends $5.3m for HQ
Triumph Furniture has spent $5.3 million on an East Lidcombe showroom, warehouse and office which will dub as its headquarters.
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Shane Crawford lists Brighton ‘paddock’
Shane Crawford is selling the Brighton family home he bought 12 years ago as a renovation rescue. At 44 St
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Another Glen Waverley high rise planned
Plans have been lodged for a 21 storey apartment complex near The Glen shopping centre. The proposal would contain 147
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Blacktown hotel sells for $25m
Bob McGhee has sold Blacktown’s Adam’s Tavern after three decades. The hotel and bottle shop on 1867 square metres at
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UNSW sells student accommodation complex
The University of New South Wales has sold a student accommodation complex and childcare centre opposite its Kensington campus. The
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Ex-Eve nightclub earmarked for skyscraper
The Catalfamo family has teamed with Gurner to replace a prominent, low-rise Southbank hostel – once home to Eve nightclub
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Fragrance picks up historic London Court
The c1937 London Court, in Perth, has sold for the first time in 71 years. Singapore-based Fragrance Group is the
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Prahran Market block fetches $11.4m from Beulah
Beulah has swooped on a prominent corner site opposite Prahran Market. The 1132 square metre Activity Centre 1 zoned parcel
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Assembly enters Dandenong South industrial market
Assembly Funds Management has entered the Dandenong South industrial market, picking up two warehouses from private investor David Feldman. The
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Baron Vanilla buys warehouses, shopping centre
Baron Vanilla Management is outlaying $49.45 million for four assets earmarked for two trusts. In the biggest deal, the manager
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Telstra lists central Box Hill site
Telstra has listed another surplus site expected to wind up in the hands of a residential developer. The 902 square
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Fawkner spends $162.5m on Mackay mall
Fawkner Property is paying $162.5 million for Mackay’s Mount Pleasant Centre. The deal with Vicinity Centres, which manages the asset
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Charter Hall buys South Guildford warehouses, land
Charter Hall has spent $50.75 million on two modern South Guildford warehouses and a c8354 square metre development site which
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Aspen acquires regional retirement village
Aspen is paying Gannon Lifestyle Communities $6.01 million for the part-developed Wodonga Gardens Retirement Estate. The 8.8 hectare property, 2
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