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New South Wales News 

Moelis picks up Darlinghurst’s Courthouse Hotel for $22m

November 20, 2020December 10, 2020 Marc Pallisco

Moelis Australia Hotel Management has paid $22 million for Darlinghurst’s historic Courthouse Hotel which it will upclass, operate and manage.

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News Victoria 

Nestle lists redundant Tongala tinned milk factory

November 20, 2020November 21, 2020 Marc Pallisco

A soon-to-be-vacated northern Victorian industrial property where vendor Nestle for years made tinned milk is for sale. The Tongala offering

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News Queensland 

Mackay West Shopping Centre sells for $10.4m

November 23, 2020November 23, 2020 Marc Pallisco

A Brisbane investor seeking an IGA-anchored retail asset found one, 970 kilometres north in Mackay, and paid $10.4 million. Mackay

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News Victoria 

Fortis proposes 10-levels for $19m Richmond site

November 20, 2020September 19, 2021 Marc Pallisco

Fortis is paying Icon Developments $19 million for a Richmond site behind hotel Union House. The arm of Sydney-based Pallas

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New South Wales News Queensland Victoria 

ESR buys 11 Propertylink investments for $302.5m

November 20, 2020November 23, 2020 Marc Pallisco

ESR Australia is buying out one of its managed funds – the Propertylink Australian Industrial Partnership II (PAIP II) –

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News Victoria 

House at edge of Toorak Village wins $5.1m from developer

November 20, 2020November 21, 2020 Marc Pallisco

A house at the western edge of Toorak Village – opposite a six storey apartment building – has sold to

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New South Wales News 

Redcape outlays $38m for Dulwich Hill portfolio including Gladstone Hotel

November 19, 2020November 19, 2020 Marc Pallisco

Gladstone Hotel and neighbouring Local Liquor Superstore, with adjacent bottle shop Little Bottler – three separate Dulwich Hill holdings and

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News Queensland Victoria 

HPI spends $63.3m on three east coast gaming assets

November 19, 2020November 19, 2020 Marc Pallisco

Hotel Property Investments is paying $63.3 million for three east coast gaming venues. In the priciest deal the group is

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New South Wales News 

SCA pays Elanor $129.5m for Auburn Central

November 19, 2020November 20, 2020 Marc Pallisco

Elanor Investors Group (ENN) has sold a west Sydney shopping complex to SCA Property Group for $129.5 million after a

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New South Wales News 

Dexus sells Grosvenor Place half-stake to co-owner

November 18, 2020February 1, 2021 Marc Pallisco

Chinese Investment Corporation is paying $925 million for a half share of Sydney’s Harry Seidler designed Grosvenor Place, adjacent to

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News Queensland 

Dexus, Canada pension fund list c$300m 10 Eagle St

November 19, 2020April 6, 2021 Marc Pallisco

Postscript: this property sold in April, 2021. Read our story here. The day it announced a half share sale in

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News Victoria 

Daniel Besen calls in premium international architect for Fitzroy HQ

November 17, 2020November 17, 2020 Marc Pallisco

EXCLUSIVE Daniel Besen has submitted plans for a mixed-use building which will dub as the Besen headquarters, in Melbourne’s inner

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New South Wales News Queensland South Australia Victoria 

LWHP pays $353m for six Bunnings investments

November 17, 2020November 20, 2020 Marc Pallisco

Charter Hall managed Long WALE Hardware Partnership (LWHP) – which includes Telstra Super and VFMC as partners – has paid

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New South Wales News Queensland Victoria 

Centuria spends $171.1m on cold storage portfolio

November 17, 2020November 18, 2020 Marc Pallisco

Centuria Industrial REIT (CIP) has spent $171.1 million on three Australian east coast cold storage investments. The deal is being

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News Victoria 

CSL backed vaccine maker commits to Melbourne Airport shed

November 16, 2020February 11, 2021 Marc Pallisco

Melbourne Airport Corporation has pre-committed CSL-backed cell-based vaccine and antivenom manufacturing group Seqirus to what will be one of Australia’s

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News Victoria 

Credit Suisse selling 505 Little Collins Street for c$160m

November 17, 2020November 25, 2020 Marc Pallisco

Credit Suisse Asset Management is speculated to be selling a Melbourne CBD office for nearly $160 million as it continues

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News Victoria 

Wantirna South multi-service medical centre collects $5m

November 16, 2020November 16, 2020 Marc Pallisco

Two healthcare investments near Knox Private Hospital, in Melbourne’s east, are changing hands. In the biggest and most recent deal,

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News Queensland 

Peter Bond relists Dunk Island

November 16, 2020November 18, 2020 Marc Pallisco

Dunk Island – which has had a swag of high-profile owners including Qantas – is for sale again. Off Mission

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News Victoria 

Melbourne lift shaft rented to chocolate brew house Mörk

November 13, 2020November 15, 2020 Marc Pallisco

A seven square metre lift shaft converted into a commercial space has been tenanted to a boutique hot chocolate maker

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News Victoria 

Isle of Wight site in Cowes for sale again

November 13, 2020January 28, 2021 Marc Pallisco

Postscript: this property has now sold. Read that story here. Aged care veteran John Matthies is selling the prominent Phillip

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News Victoria 

Pace lists North Melbourne supersite including ex-Chubb HQ

November 13, 2020November 13, 2020 Marc Pallisco

Pace Development Group is selling adjoining North Melbourne properties including the former Chubb Security headquarters on Racecourse Road abutting a

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News Victoria 

Fitzroy Community School buys historic Dan O’Connell Hotel

November 13, 2020November 17, 2020 Marc Pallisco

Fitzroy Community School has paid more than $3.2 million for Carlton’s historic Dan O’Connell Hotel which is expected to be

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News South Australia 

Charter Hall spends $103m on SA Emergency Services Command Centre

November 11, 2020November 11, 2020 Marc Pallisco

Charter Hall Social Infrastructure Limited is paying $103 million for an Adelaide fringe office under construction and majority leased to

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News Western Australia 

Andrew Forrest’s Fiveight outlays $55m for Perth CBD office

November 11, 2020November 11, 2020 Marc Pallisco

Credit Suisse is selling a Perth CBD office to Fiveight, one of six business arms managed by Tattarang, the private

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News Queensland 

RT Health banks $7.15m from vacant Brisbane CBD office

November 11, 2020November 11, 2020 Marc Pallisco

RT Health has sold a renovated heritage commercial asset in Brisbane’s financial precinct. The purchaser, an investor, is paying $7.15

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News Queensland 

Morningside factoryettes reap $9.8m off-the-plan

November 13, 2020November 13, 2020 Marc Pallisco

Nine premium quality factoryettes under construction at the entrance of Morningside’s Colmslie Business Park have sold for a total of

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New South Wales News 

Wee Hur pays bp $46.1m for third Redfern student accommodation site

November 11, 2020November 11, 2020 Marc Pallisco

Singapore based Wee Hur Holdings has acquired a service station in Sydney’s inner south Redfern from bp with plans for

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News Victoria 

Historic Snows Department Store listed as hotel site

November 9, 2020November 9, 2020 Marc Pallisco

The Malaysian consortium which five years ago acquired Yooralla’s then-outgoing Melbourne CBD headquarters is selling after obtaining a permit to

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News Queensland 

Syndicate pays $17.75m for Acacia Ridge’s ex-Mitre 10 regional distribution centre

November 10, 2020November 10, 2020 Marc Pallisco

A syndicate is paying $17.75 million for an Acacia Ridge industrial property with plans to demolish an office and further

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New South Wales News 

Apartments approved for Elizabeth Bay’s ex-NSW CWA HQ

November 9, 2020November 11, 2020 Marc Pallisco

Top Spring Australia has won permission to construct a luxury six level apartment complex on the former NSW Country Women’s

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News South Australia 

HomeCo settles on $27.25m Parafield retail investment

November 9, 2020November 9, 2020 Marc Pallisco

Home Consortium has settled on the purchase of a four year old shopping centre near Adelaide’s Parafield Airport (control tower

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New South Wales News 

Qatar Airways spending c$140m on Sydney’s Primus Hotel

November 6, 2020February 18, 2021 Marc Pallisco

Postscript: this deal didn’t proceed. It later sold for $132m. Read that story here. Qatar Airways is reportedly in negotiations

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News South Australia 

Leyton spends $5.3m on Melrose Park industrial asset

November 9, 2020November 9, 2020 Marc Pallisco

Leyton Funds has spent $5.3 million on a corporate style industrial investment in Adelaide’s Melrose Park. The group is picking

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News Western Australia 

Baron spends $10m on Embleton convenience investment

November 4, 2020November 5, 2020 Marc Pallisco

Baron Property Group on behalf of wholesale investors has spent $10 million on a new service centre in Perth’s north

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News Victoria 

Marsh assigns DTF lease at Charter Hall’s 570 Bourke Street

November 6, 2020November 6, 2020 Marc Pallisco

The Victorian government’s Department of Treasury and Finance has taken over a six year lease from multinational Jardine Lloyd Thompson

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New South Wales News Tasmania Victoria 

New Centuria fund settles on three short stay healthcare investments worth $115m

November 6, 2020November 6, 2020 Marc Pallisco

Centuria Healthcare has spent $115 million on three short-stay medical centres anchored to Nexus Hospitals for its newly launched Centuria

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New South Wales News South Australia 

Harmony outlays $54.6m on assets in Adelaide, Marsden Park

November 4, 2020November 4, 2020 Marc Pallisco

MRS managed Harmony Property Group has acquired a Sydney industrial investment and settled on an office in Adelaide, its home

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News Victoria 

Family Court of Australia in Dandenong for sale again

November 4, 2020June 5, 2021 Marc Pallisco

The Family Court of Australia in Dandenong is for sale again. The investment, 53-55 Robinson Street, hit the market in

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News South Australia 

Charter Hall pays $51m for neighbouring Adelaide offices

November 4, 2020November 5, 2020 Marc Pallisco

Charter Hall has paid 1835 Capital $51 million for neighbouring Adelaide CBD offices rented to the state government. The price

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New South Wales News 

Williams-Sonoma leases Horsley Park warehouse from Frasers

November 4, 2020November 6, 2020 Marc Pallisco

San Francisco based kitchenware and home furnishings retailer Williams-Sonoma has leased a c17,400 square metre distribution centre west of Sydney.

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News Victoria 

Jati rents Brunswick warehouse until recently earmarked for a cinema

November 4, 2020November 5, 2020 Marc Pallisco

Jati – established in a Canterbury garage 36 years ago by a teacher who manufactured outdoor teak furniture on weekends

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News Victoria 

Victorian government approves six more major projects

November 4, 2020November 4, 2020 Marc Pallisco

The Victorian planning department last month approved another six shovel-ready projects. With an end value of $625 million the proposals

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New South Wales News 

Huge Linkage pays Dexus $273m for North Sydney office

November 4, 2020November 4, 2020 Marc Pallisco

Hong Kong investor Huge Linkage has spent $273 million on a North Sydney office. The deal with Dexus for 60

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News Queensland 

Servco sells EG another car showroom, maintenance centre with a leaseback

November 2, 2020November 2, 2020 Marc Pallisco

EG Funds Management is paying Servco $13.6 million for the Downtown Toyota car showroom and maintenance centre in Brisbane’s inner

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News Victoria 

Haileybury pays $7.1m for ex-Mushroom, Reebok HQ, to expand West Melbourne campus

October 30, 2020October 31, 2020 Marc Pallisco

EXCLUSIVE Haileybury has paid $7.125 million for the West Melbourne warehouse-converted-office once the headquarters of Mushroom Music then Reebok Australia,

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New South Wales News 

Church seeks development partner at Naremburn

November 2, 2020November 2, 2020 Marc Pallisco

The Catholic Diocese of Broken Bay and Lower North Shore Parish is seeking a development partner to replace ex-school buildings

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New South Wales News 

Milperra warehouse sells for $22.5m

October 29, 2020October 29, 2020 Marc Pallisco

A local paid $22.51 million for a half-vacant Milperra industrial investment – then leased the balance before settlement. The sale

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News Victoria 

Amazon pre-commits to Ravenhall fulfilment centre

October 30, 2020October 30, 2020 Marc Pallisco

Amazon has pre-committed to a 37,000 square metre fulfilment centre at Dexus’ Horizon 3023 industrial park in Melbourne’s west Ravenhall.

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News Queensland 

Elanor buys Woolloongabba healthcare investment for $37m

October 28, 2020October 28, 2020 Marc Pallisco

Elanor Investors Group (ENN) has paid $37 million for the Woolloongabba Community Health Centre in Brisbane’s inner south. The asset

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News Victoria 

Hillsong pays $23m for West Melbourne’s Festival Hall

October 25, 2020October 30, 2020 Marc Pallisco

Hillsong is paying $23.4 million for West Melbourne’s Festival Hall. The Pentecostal church began negotiations in April after concluding as

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News Victoria 

Time & Place spends $29m on Southbank skyscraper site

October 28, 2020October 28, 2020 Marc Pallisco

Time & Place has paid $29 million for a Southbank site abutting Kings Way with plans for a c62 level

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News Victoria 

Beaconsfield Hub sells for more than $8.5m

October 23, 2020October 23, 2020 Marc Pallisco

Ten year old south east Melbourne convenience retail centre Beaconsfield Hub has sold for a speculated price of $8.5-$9 million.

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New South Wales News 

Stockland buys Leppington site for $145m logistics estate

October 20, 2020October 20, 2020 Marc Pallisco

Stockland is buying a major industrial development site in Leppington, near the Western Sydney International Airport, construction of which recently

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News Victoria 

IKEA shelves store plan at Campbellfield’s ex-Pipeworks Market, lists site

October 20, 2020October 29, 2020 Marc Pallisco

EXCLUSIVE IKEA is selling Campbellfield’s ex-Pipeworks Market. The Scandinavian retailer agreed to purchase the property from Babcock & Brown 10

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News Victoria 

LMS Group’s Ascot Vale HQ sells for c$11m as townhouse site

October 20, 2020October 20, 2020 Marc Pallisco

Leisure Management Group’s headquarters, in a residential Ascot Vale pocket, has sold to for a speculated $11 million. The battle-axe

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News South Australia 

Dexus, DHPF pay $446.2m for Australian Bragg Centre

October 20, 2020May 4, 2021 Marc Pallisco

Dexus and its managed Healthcare Property Fund are paying $446.2 million for a medical investment under construction in Adelaide’s CBD.

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News Queensland 

EADP spends c$90m on Acacia Ridge industrial asset, plans premium redevelopment

October 20, 2020October 20, 2020 Marc Pallisco

ESR Australia Development Partnership (EADP) is paying c$90 million for an 18 hectare industrial investment it classifies a development site

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News Victoria 

Sir Cecil Looker’s Beveridge livestock station listed for c$100m as housing, industrial site

October 20, 2020October 20, 2020 Marc Pallisco

The children and grandchildren of late Sir Cecil Looker have listed a 434 hectare Beveridge property held by the family

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New South Wales News 

AsheMorgan, TOGA to extend Oxford St shops with hotel, office

October 20, 2020October 20, 2020 Marc Pallisco

After striking a 99 year lease with City of Sydney for three historic Darlinghurst buildings on blocks covering 40 per

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New South Wales News 

Badgerys Creek poultry farm sells for $14.5m

October 20, 2020October 20, 2020 Marc Pallisco

A Badgerys Creek poultry farm has sold for $14.5 million – or $366 per square metre, breaking a two year

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News Victoria 

Mortgagee lists another Canaan International Box Hill site

October 16, 2020October 16, 2020 Marc Pallisco

Cor Cordis – as mortgagee in possession – has listed another Box Hill precinct development site formerly controlled by international

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News Victoria 

Thermomix leases Moorabbin Airport warehouse from Goodman

October 16, 2020October 16, 2020 Marc Pallisco

After a metropolitan-wide search, Thermomix will move into a modern office/warehouse owned by Goodman at Moorabbin Airport’s Chifley Business Park.

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News Victoria 

Uniting lists inner Melbourne former kindergarten, social services office

October 15, 2020October 15, 2020 Marc Pallisco

Uniting is selling two formerly occupied properties as development sites, in Melbourne’s inner-south. At 698-700 Malvern Road, Prahran, a 920

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News Queensland 

Pinkenba industrial investment trades for $9.4m

October 16, 2020October 16, 2020 Marc Pallisco

A modern office/warehouse opposite Brisbane Airport has sold for $9.414 million reflecting a 5.8 per cent yield. On 1.1 hectares,

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News Victoria 

Golden Age lists permit-ready Rockbank site

October 16, 2020October 16, 2020 Marc Pallisco

Jeff Xu’s Golden Age Group is selling the development site acquired two years ago for its first low-rise residential project.

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New South Wales News Victoria Western Australia 

Peakstone awards 100,000 sqm Australian office management contract

October 15, 2020October 15, 2020 Marc Pallisco

Singapore’s Peakstone has awarded a major commercial management contract to CBRE. The agreement covers 100,000 square metres across six buildings

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News Victoria 

Box Hill South’s former St Leo’s College for sale

October 16, 2020October 16, 2020 Marc Pallisco

Box Hill South’s former St Leo’s College is for sale as a medium density residential development site. The five hectare

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New South Wales News 

EG buys permit-ready Redfern site for infrastructure fund

October 15, 2020October 15, 2020 Marc Pallisco

EG Group has purchased a permit-ready site in Sydney’s inner-city Redfern for its Yield Plus Infrastructure 2 fund (YPI2). The

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News Queensland 

Clarence spends $8.8m on another Murarrie industrial investment

October 13, 2020October 15, 2020 Marc Pallisco

Clarence Property Corporation has paid $8.8 million for an office/warehouse in Brisbane’s Murarrie – the suburb it acquired its first

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News Queensland 

Cadence pays $10.5m for vacant Redbank industrial investment, plans rejuvenation, re-let

October 13, 2020October 15, 2020 Marc Pallisco

Cadence Property Group has paid $10.5 million for a south west Brisbane industrial property it plans to upgrade while offering

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New South Wales News 

Lendlease secures tenant for temperature controlled Glendenning factory

October 13, 2020October 15, 2020 Marc Pallisco

A local logistics services provider has signed a 10 year rental agreement for a temperature controlled Glendenning warehouse owned by

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New South Wales News 

CSR sells 8.6ha slice of Horsley Park plant

October 13, 2020July 29, 2021 Marc Pallisco

CSR Limited has sold another piece of its soon-to-close PGH Bricks plant in Horsley Park – for $84.3 million. The

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New South Wales News 

Lewis Land banks $13.5m from 54 Sovereign Hills house lots

October 13, 2020October 15, 2020 Marc Pallisco

Lewis Land Group, Australia’s oldest private property developer, banked $13.5 million in less than 24 hours selling 54 housing lots

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News Victoria 

Forza applies to extend riverside Abbotsford car park with 11 level office

October 12, 2020October 15, 2020 Marc Pallisco

Forza Capital has applied to build an 11 level office atop an existing four storey car park in Melbourne’s inner

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New South Wales News 

Risland sells strata titled North Ryde childcare centre for $4.7m

October 11, 2020October 15, 2020 Marc Pallisco

A local is paying $4.65 million for a childcare centre investment on the ground floor of Risland’s new Ryde Garden

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New South Wales News 

Investor pays $6m for Port Macquarie’s Vacation Village

October 11, 2020October 15, 2020 Marc Pallisco

Port Macquarie resort Vacation Village has sold for $6 million. The vacant property at 50 Settlement Point Road, about 2.5

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News Queensland 

Mater buys office, flips it with a leaseback to CQE for $122.5m

October 9, 2020November 20, 2020 Marc Pallisco

An office under construction in Newstead has sold twice on the same day to wind up in the hands of

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New South Wales News 

Primewest DIT4 spends $15.1m on Tamworth Lifestyle Centre

October 9, 2020October 15, 2020 Marc Pallisco

Primewest is paying $15.1 million for the Tamworth Lifestyle Centre, the fourth asset for its Diversified Income Trust 4 (PDIT4).

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News 

Sumitomo ups Henley Homes stake to 69.4pc

October 9, 2020October 15, 2020 Marc Pallisco

Sumitomo Forestry Australia has upped its stake in Henley Homes – which turned 30 last year. The subsidiary of Japan’s

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News Victoria 

Flemington townhouse site trades for c$6.5m between developers

October 9, 2020October 15, 2020 Marc Pallisco

A townhouse development site in Melbourne’s inner north west Flemington has sold for c$6.5 million between builders. The 1882 square

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