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New South Wales News 

Another Ray White director buys property to occupy

October 9, 2020February 11, 2021 Marc Pallisco

For the second time in two months, the manager of a Sydney Ray White agency has purchased a commercial site

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New South Wales News 

Harvest pays Attwood family $9.6m for Albury’s Brady’s Railway Hotel

October 8, 2020May 20, 2021 Marc Pallisco

An unlisted Sydney fund has paid $9.6 million for the Brady Railway Hotel at the NSW/Vic border town of Albury.

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News Victoria 

Sheng Le Group lists 1.5 acre permit-ready Southbank site

October 7, 2020October 8, 2020 Marc Pallisco

Sheng Le Group has listed a 1.5 acre Southbank site stretching about half the east side of Queens Bridge Street

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News Victoria 

Childcare operators pre-commit to centres in Berwick, Tarneit

October 8, 2020October 8, 2020 Marc Pallisco

Two childcare centre lease deals have been signed in major Melbourne growth corridors each side of the city. In Berwick,

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News Victoria 

Greenvale childcare centre site sells for $2.2m

October 8, 2020October 8, 2020 Marc Pallisco

A permit-ready childcare centre site at the edge of Frasers Property Australia’s Greenvale Gardens housing estate, in Melbourne’s north, has

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News Victoria 

Compass leases standalone Hawthorn HQ

October 7, 2020October 8, 2020 Marc Pallisco

Education industry technology firm Compass has leased Owens-Illinois’ former Asia Pacific headquarters, in Hawthorn – or West Hawthorn to some.

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News 

Cromwell, IGIS seed logistics fund with $83.3m northern Italy portfolio

October 8, 2020October 8, 2020 Marc Pallisco

ASX-listed Cromwell Property Group with Korea’s IGIS Asset Management has settled on the A$83.3 million (€51m) acquisition of seven DHL-occupied

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News Victoria 

Deague Group lists three Melbourne car park investments

October 6, 2020October 9, 2020 Marc Pallisco

EXCLUSIVE Deague Group has listed three Melbourne car park investments including the only one directly accessed from Collins Street. The

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News Queensland 

Ormeau logistics investment picks up $43m from Centuria

October 6, 2020October 7, 2020 Marc Pallisco

Centuria Property Fund No 2 has purchased a $43 million Ormeau logistics investment for one of its trusts. The deal

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News Victoria 

Thornhill Park housing block sells for $11m

October 6, 2020October 7, 2020 Marc Pallisco

A housing estate block at what will long term be a busy western suburb intersection has sold to a local

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News South Australia 

Renewal SA purchases two Kaufland sites for affordable, social housing

October 5, 2020October 6, 2020 Marc Pallisco

Renewal SA has purchased two inner-Adelaide development sites from German retailer Kaufland. In Forestville (pictured, top) and Prospect, the government

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News Victoria 

All Industries Solutions switches Truganina HQ

October 6, 2020October 6, 2020 Marc Pallisco

Blackwood Downs Building Services has secured a tenant for a Truganina industrial facility it was constructing speculatively while offering for

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News Victoria 

Owner occupiers trade Bayswater North factory on an acre

October 6, 2020October 6, 2020 Marc Pallisco

A Bayswater North warehouse – on land 15 square metres short of an acre – traded between occupiers within three

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News Victoria 

Caprice leases Domain’s ex-South Melbourne HQ

October 2, 2020October 5, 2020 Marc Pallisco

Soft furnishings supplier Caprice – which turned 60 last year – has leased Domain Group’s recently vacated South Melbourne headquarters.

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News Victoria 

Bunnings chooses Growthpoint’s Botanicca 3 for HQ

October 2, 2020October 4, 2020 Marc Pallisco

Bunnings has leased new headquarters – being the bulk of a recently completed A-grade office at the Botanicca Corporate Park,

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News Victoria 

Pelligra acquires 96ha Avalon fish farm site

October 2, 2020October 6, 2020 Marc Pallisco

EXCLUSIVE Pelligra Group has purchased a 96 hectare site abutting Avalon Airport with significant underlying land value and likely long-term

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News Victoria 

Mercedes quits signage rights at South Melbourne’s 222 Kings Way

October 1, 2020October 8, 2020 Marc Pallisco

Mercedes-Benz will not renew a lease for signage rights at South Melbourne’s high profile 222 Kings Way – prompting the

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News Victoria 

Reservoir’s Linh Son Temple finds buyer

October 2, 2020March 23, 2021 Marc Pallisco

Reservoir’s Linh Son Temple has sold to a neighbour. The 2.43 hectare Industrial zoned property, 33-35 Radford Road, was quietly

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News Victoria 

Belgrave Group sells Cremorne hotel for $11m

October 2, 2020October 2, 2020 Marc Pallisco

Belgrave Group – the development company owned by architect Ben Genser – has sold a vacant six-storey hotel under construction

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News Victoria 

Council offloads central Baxter townhouse block

October 1, 2020October 1, 2020 Marc Pallisco

Mornington Peninsula Shire Council has sold an acre of land adjacent to the Baxter train station, just past Melbourne’s southern

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N.T. News 

SCA pays Woolworths $33m for Darwin shopping centre

October 2, 2020October 2, 2020 Marc Pallisco

SCA Property Group has made its first Northern Territory investment, paying $33 million for the Bakewell Shopping Centre in Palmerston,

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News Victoria 

Mario Verrocchi buying Mt Eliza’s Morning Star

September 29, 2020March 9, 2023 Marc Pallisco

Chemist Warehouse executive Mario Verrocchi is paying $30.66 million – c$10m less guide – for Mount Eliza’s landmark Morning Star

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News Western Australia 

MPF pays Sentinel $12.4m for Canning Vale distribution centre

October 1, 2020October 1, 2020 Marc Pallisco

Mair Property Funds has spent $12.41 million on a distribution centre leased to Timberlink for its new MPF Diversified Trust

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New South Wales News 

Mainfreight leases Erskine Park warehouse from Charter Hall

September 30, 2020September 30, 2020 Marc Pallisco

Mainfreight Distribution has leased another Sydney warehouse owned by Charter Hall – this time in Erskine Park. The logistics group

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News Queensland 

Breezway HQ in Coorparoo collects $12.5m from Centuria

September 30, 2020September 30, 2020 Marc Pallisco

A high quality industrial asset in Coorparoo is exchanging to Centuria Industrial REIT for $12.5 million. Tenanted until 2028 to

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News Western Australia 

Abacus spends $8.6m on Cockburn Central self storage investment and development site

September 30, 2020September 30, 2020 Marc Pallisco

Abacus Property Group is spending $8.6 million on a self-storage investment in Perth’s south Cockburn Central. The 1.7 hectare property,

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National News 

Flight Centre to close 91 more stores

September 30, 2020September 30, 2020 Marc Pallisco

The COVID-19 led collapse of the travel industry has claimed another 91 Flight Centre stores. The ASX-listed group announced in

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News Victoria 

Futuro in c$210m play for Melbourne’s 235-251 Bourke Street

September 30, 2020October 2, 2020 Marc Pallisco

In a speculated c$210 million play, Futuro Capital with the backing of Baring Private Equity Asia, is acquiring Melbourne’s 235-251

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A.C.T. New South Wales News 

Elanor pays Vicinity wholesale fund $60m for Queanbeyan shopping centre

September 29, 2020September 30, 2020 Marc Pallisco

Elanor Investors Group today confirmed it acquired Queanbeyan’s Riverside Plaza for $60 million – describing the price as below replacement

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News Victoria 

Sector sells Ringwood VicRoads testing centre for $9.3m, lists Huntingdale office/warehouse

September 30, 2020September 30, 2020 Marc Pallisco

Sector Property Group has sold a Ringwood office after snaring a pre-commitment from VicRoads. Under construction abutting Eastlink, 93A Heatherdale

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News Queensland 

Capalaba Officeworks sells to Sydney investor for $8.4m sight unseen

September 29, 2020September 29, 2020 Marc Pallisco

A Brisbane bulky goods asset leased to Officeworks has sold to a Sydney investor for $8.425 million sight unseen. The

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News South Australia 

Adelaide’s ex-Calvary Wakefield set for health, medical refurb

September 29, 2020February 11, 2021 Marc Pallisco

Pelligra Group has paid Cromwell $30 million for Adelaide’s recently vacated Calvary Wakefield Hospital with plans to fit it out

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National News 

GIC buys majority EALP stake from ESR Australia

September 28, 2020September 28, 2020 Marc Pallisco

Singapore sovereign wealth fund GIC will hold an 80 per cent stake in the ESR Australia Logistics Partnership (EALP) after

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News Victoria 

Trans Australian Freight Management fills Frasers’ West Park

September 28, 2020September 28, 2020 Marc Pallisco

Trans Australian Freight Management will enter the Victorian market after renting a Truganina facility from Frasers Property Industrial. The occupier

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New South Wales News 

Modular Building Systems leases new Ingleburn warehouse from Stockland

September 28, 2020September 28, 2020 Marc Pallisco

Modular Building Systems has rented an Ingleburn distribution centre recently completed by Stockland. Building 3B, 37-39 Stennett Rd, within Ingleburn

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News Victoria 

Chef Denis Hagger rents Toorak Village shop for French venture

September 28, 2020September 28, 2020 Marc Pallisco

Chef Denis Hagger has leased a compact Toorak shop for a dine-in and takeaway venture. The restaurateur has committed to

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News Victoria 

Schwartz Media proposes eight floor HQ at Collingwood’s British Crown Hotel

September 25, 2020September 26, 2020 Marc Pallisco

EXCLUSIVE Morry Schwartz has paid $5.15 million ex-GST for Collingwood’s vacant British Crown Hotel with plans for a sustainable eight

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News Victoria 

Stockland in c$180m play for Clyde North farm

September 28, 2020September 28, 2020 Marc Pallisco

Stockland is negotiating to buy a 130.7 hectare low density housing site almost next door to one it recently started

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News Victoria 

Warner leases new Collingwood HQ

September 24, 2020September 24, 2020 Marc Pallisco

EXCLUSIVE Warner Music Group will move its Melbourne headquarters within Collingwood, leasing the third floor of a super-thin office at

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News Victoria 

Multi-level Bunnings proposed for Brunswick’s Chamton site

August 31, 2020September 28, 2020 Marc Pallisco

EXCLUSIVE A multi-level Bunnings is proposed to replace the high profile Chamton factories in Melbourne’s inner north Brunswick. The double

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N.T. News 

Dowling family sells Parap Tavern after 70 years to Charter Hall’s LWIP

September 24, 2020September 26, 2020 Marc Pallisco

Charter Hall managed Long WALE Investment Partnership (LWIP) is paying $19.7 million for a Darwin hotel owned for over 70

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News Queensland 

Hastings Deering sells Willawong industrial site for $41.5m

September 28, 2020September 28, 2020 Marc Pallisco

Major Caterpillar distributor Hastings Deering has sold a Brisbane industrial development site for $41.5 million. The Willawong property at 182

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News Victoria 

Forza Capital sells Epson HQ for $6m

September 27, 2020September 27, 2020 Marc Pallisco

Forza Capital has flipped a Hawthorn East office after a renovation and re-let. A local investor is paying $6 million

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News Victoria 

Aesop’s outgoing Fitzroy HQ sells for c$7.9m

September 25, 2020September 25, 2020 Marc Pallisco

EXCLUSIVE The outgoing Fitzroy headquarters of luxury skincare brand Aesop has traded for a speculated $7.85 million – valuing the

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News Queensland 

Ghassan Aboud pays Deague c$75m for Brisbane’s Fantauzzo hotel; flags rebrand

September 24, 2020September 25, 2020 Marc Pallisco

Ghassan Aboud has purchased his first Brisbane guesthouse – the new Fantauzzo Art Series Hotel, beneath and beside the Story

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News Victoria 

Evolve Reinforcement rents third Melbourne factory in as many years

September 24, 2020September 24, 2020 Marc Pallisco

A company which plays a major role in both state and federal government construction projects has rented its third Melbourne

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New South Wales News 

Priceline parent pre-commits to 4.4ha Marsden Park distribution centre

September 24, 2020September 24, 2020 Marc Pallisco

Australian Pharmaceutical Industries – the parent of Priceline Pharmacy, Soul Pattinson Chemist and Pharmacist Advice – has pre-committed to a

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News Victoria 

MAB spends $37.5m on Devon Meadows housing site

September 24, 2020May 14, 2022 Marc Pallisco

MAB Corporation is paying $37.5 million for a low density housing estate site in Melbourne’s south east Devon Meadows. The

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News Victoria 

Medical Group signs Vermont’s biggest industrial lease deal this year

September 24, 2020September 24, 2020 Marc Pallisco

A medical group has leased a Vermont warehouse previously occupied by an UGG boot producer. The 4254 square metre deal

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News Queensland 

Minyama office investment collects $6.35m

September 24, 2020September 24, 2020 Marc Pallisco

A Minyama office has sold for the second time in two years – for an $835,000 profit. The double storey

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New South Wales News 

Western Sydney Parklands Trust offers Eastern Creek industrial site

September 23, 2020September 26, 2020 Marc Pallisco

Western Sydney Parklands Trust is seeking a development partner, or one to take a ground lease, for all or part

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News South Australia 

Prime lists Osborne Naval Shipyard offices and development site

September 23, 2020September 23, 2020 Marc Pallisco

Prime Space Projects has listed a prominent 2.5 hectare investment with development upside at the Osborne Naval Shipyard precinct, about

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News Victoria 

The Block Brighton homes listed with $3.2-$3.4m guide

September 22, 2020September 22, 2020 Marc Pallisco

Five standalone dwellings moved to the site of the former Andrina nursing home and renovated as part of this series

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News Victoria 

Mapletree and Vaughan co-directors settle $18.4m Truganina warehouse deal

September 23, 2020September 23, 2020 Marc Pallisco

Mapletree Logistics Trust has settled on a conditional forward purchase made a year ago for a 2.6 hectare warehouse in

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New South Wales News 

Primewest secures Kelly+Partners to office, naming rights, at Brookvale

September 23, 2020September 23, 2020 Marc Pallisco

Primewest has secured Kelly+Partners to a 636 square metre, recently renovated ground floor office in Sydney’s north Brookvale. The chartered

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New South Wales News 

Owner occupier pays $5.4m for strategic Badgerys Creek site

September 23, 2020September 23, 2020 Marc Pallisco

An owner occupier paid $5.37 million at auction for a Badgerys Creek site set to be rezoned for major commercial

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New South Wales News 

Melbourne investor spends $6.7m on Sydney fast food freehold

September 28, 2020February 23, 2021 Marc Pallisco

A Melbourne investor has paid $6.65 million – reflecting a low 3.1 per cent yield – for a McDonalds leased

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New South Wales News 

Ascendas pays Frasers, Winten $167.2m for Macquarie Park office

September 21, 2020September 21, 2020 Marc Pallisco

Frasers Property Industrial and Winten Property Group are selling an unbuilt office at their proposed Macquarie Exchange business park to

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News Victoria 

Australian Select Timbers leases at Salta’s Nexus in Dandenong South

September 18, 2020September 19, 2020 Marc Pallisco

Australian Select Timbers has leased a new warehouse at Salta Properties’ 177-hectare Nexus Industrial Estate in Dandenong South. The 6975

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News Victoria 

Incore buys Stowe’s ex-South Melbourne HQ with 12-level office plan

September 18, 2020November 20, 2021 Marc Pallisco

Incore Developments is paying $6.42 million for a double storey South Melbourne office with plans for another, six times taller.

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News Victoria 

News Corp’s Truganina move close following c$55m sale of Westgate Park printing press

September 18, 2020September 19, 2020 Marc Pallisco

LOGOS has released construction shots of News Corp Australia’s Truganina printing press – five months after it was reported to

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News Victoria 

Gilson leases upstairs office for private dining space

September 18, 2020September 24, 2020 Marc Pallisco

Restaurateur Jamie McBride has leased a studio office atop of his Gilson eatery for a private function room. The contemporary

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News Queensland 

APN pays Denmac $27.5m for three Queensland service stations

September 18, 2020September 18, 2020 Marc Pallisco

Denmac Nominees has sold three near-new Queensland service stations to APN Convenience Retail REIT (AQR) for a total of $27.5

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News Victoria 

Goldfields paying c$35m for St Kilda Junction precinct block

September 16, 2020September 24, 2020 Marc Pallisco

Local developer Goldfields Group is purchasing a 1.1 acre mixed-use development site near St Kilda Junction. The former Montefiore Home

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News Queensland 

Alceon sells new Robina office for $41.3m

September 15, 2020September 15, 2020 Marc Pallisco

Alceon has pre-sold a Gold Coast office earmarked for part of a site acquired from the local council early last

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National News 

Qantas flags national property consolidation including relocating Jetstar HQ

September 15, 2020September 15, 2020 Marc Pallisco

Qantas is conducting a group wide review of its rented space, particularly corporate offices. The airline is headquartered at a

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News Victoria 

Reece pre-commits to warehouse at and owned by Melbourne Airport

September 15, 2020September 16, 2020 Marc Pallisco

Reece has pre-committed to a 4.7 hectare industrial facility at and owned by Melbourne Airport. The plumbing and bathroom group

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New South Wales News 

LF Logistics expands at Marsden Park before moving in

September 15, 2020September 15, 2020 Marc Pallisco

LF Logistics has expanded its tenancy at a business park being developed by LOGOS in Sydney’s north west Marsden Park.

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New South Wales News 

Keppel pays Goodman $306m for Pinnacle Office Park

September 15, 2020September 15, 2020 Marc Pallisco

Keppel REIT is paying $306 million for a modern and near fully occupied commercial investment in Sydney’s north west. Pinnacle

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News Queensland 

Cloncurry region cattle station Nardoo collects $35m from producer

September 13, 2020September 13, 2020 Marc Pallisco

Sam Daniels, a member of one of Queensland Gulf’s biggest cattle producing families, outbid 10 suitors on Friday to pick

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New South Wales News 

Franciscan Order sells Uniting Care Campbelltown development site for $17m-plus

September 12, 2020September 14, 2020 Marc Pallisco

Uniting Care is paying the Franciscan Order of Friars Minor more than $17 million for a 6.6 hectare Campbelltown site

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News Victoria 

Chinese developer spends $6.2m on Sunbury housing plot

September 11, 2020September 13, 2020 Marc Pallisco

A Chinese builder has spent $6.22 million on a farm in Melbourne’s north west Sunbury. The 7.28 hectare property, 60

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News Victoria 

Henley pays Potter Group c$8m for permit-ready Officer housing estate

September 11, 2020September 15, 2020 Marc Pallisco

Henley Properties is paying a speculated $8 million for a low density housing block in Melbourne’s Officer. The 4.1 hectare

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News South Australia 

Winning Group expands at ISPT’s Charles Sturt Industrial Estate

September 12, 2020September 12, 2020 Marc Pallisco

Winning Group has expanded in Adelaide, taking space within ISPT’s Charles Sturt Industrial Estate in Woodville. The online appliance retailer

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News Victoria 

Deka Immobilien pays Dexus $440m for Flinders Street office

September 12, 2020September 12, 2020 Marc Pallisco

Deka Immobilien is outlaying $440 million on an A-grade Melbourne CBD office. The 22-storey, 38,000 square metre building at 452

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News Victoria 

Gatsby Living chooses Preston for maiden Australian store

September 11, 2020September 12, 2020 Marc Pallisco

Gatsby Living has leased a maiden showroom at Preston’s Northland Homemaker Centre. The new retailer has signed a seven year

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New South Wales News 

Point Piper’s Edgewater sells for $95m

September 12, 2020September 13, 2020 Marc Pallisco

Australia’s second priciest house deal has taken place – in the same suburb as the first. Edgewater at 92 Wolseley

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News 

Charter Hall, bp, make NZ$262m service station deal

September 12, 2020September 15, 2020 Marc Pallisco

Petrol giant bp has set up a NZ$534 million (A$489.5m) trust comprising the majority of its New Zealand convenience stores

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New South Wales News 

Castlerock pays record c$57m for Wollongong office

September 13, 2020August 20, 2022 Marc Pallisco

Two years after selling a Wollongong office for a town record high, Castlerock has set a new watermark buying back

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New South Wales News Queensland Victoria 

Regional commercial real estate portfolio sold privately after auctions cancelled

September 11, 2020September 11, 2020 Marc Pallisco

Fifteen east coast commercial properties which were to have been offered at portfolio auctions that were cancelled this quarter because

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