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News Victoria 

PrimeLand, Baksh Capital pay $9m for East Melbourne’s historic Magnolia Court

September 2, 2020September 12, 2020 Marc Pallisco

PrimeLand Group with Singaporean fund Baksh Capital has paid $9 million for East Melbourne’s Magnolia Court with intentions to renovate

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News Victoria 

Epson leases Hawthorn East office from Forza Capital

September 15, 2020September 27, 2020 Marc Pallisco

Epson has rented a standalone Hawthorn East office as its local base. The 630 square metre double storey building at

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News Victoria 

Planning minister approves Gurner’s $1b-plus South Melbourne village

September 9, 2020September 10, 2020 Marc Pallisco

The recently vacated City Mazda dealership in South Melbourne, opposite South Wharf, will make way for a $1 billion-plus village

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News Victoria 

Holden sells Lang Lang proving ground to new Vietnamese car maker VinFast

September 9, 2020July 18, 2021 Marc Pallisco

General Motors Holden has sold its Lang Lang proving ground to three year old Vietnamese car maker VinFast for a

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News Victoria 

Pelligra spends c$35m on sites in Carlton, Braybrook

September 10, 2020April 29, 2023 Marc Pallisco

Pelligra Group is paying $32 million for the Rydges on Swanston hotel at the centre of the botched quarantine program,

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News Victoria 

Victorian planning minister fast tracks 10 projects

September 9, 2020September 10, 2020 Marc Pallisco

Victorian planning minister Richard Wynne – with the backing of the COVID Building Recovery Taskforce – today approved 10 projects

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New South Wales News 

Marprop spends $35.3m on Newcastle offices

September 7, 2020September 7, 2020 Marc Pallisco

Marprop has paid $35.3 million for two neighbouring Newcastle offices – one with significant medium-term development upside. The deal with

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New South Wales News 

JQZ sells balance of Kogarah’s Darrell Lea factory for $15m

September 7, 2020September 7, 2020 Marc Pallisco

JQZ has sold a 1.1 hectare piece of Kogarah’s former Darrell Lea factory for $15 million to another builder. The

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News Victoria 

Developer snaps up Wodonga roundabout site

September 7, 2020September 7, 2020 Marc Pallisco

A prominent and long-vacant block in central Wodonga has sold to a developer expected to replace it with a multi-level

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News Victoria 

Menarock lists aged care investment

September 10, 2020February 14, 2021 Marc Pallisco

Menarock is selling a 20 year old Croydon aged care investment. Dorset Lodge at 362-366 Dorset Road is expected to

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New South Wales News 

Cromwell, BlackRock up proposed height of Chatswood commercial building

September 4, 2020September 4, 2020 Marc Pallisco

Cromwell Property Group and joint venture partner BlackRock Real Estate have more than doubled the height of a proposed mixed-use

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New South Wales News 

Freshwater rock climbing centre grabs $4.87m from investor

September 3, 2020September 3, 2020 Marc Pallisco

A local investor has paid $4.87 million for the prominent, strata-titled southern piece of the Freshwater Village shopping arcade. The

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News Victoria 

Owner occupier buys concreted Cheltenham industrial site

September 7, 2020September 7, 2020 Marc Pallisco

An industrial property resembling an open air car park – paved where a building should stand and with structures on

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News Victoria 

NZ investor spends $7.1m on Melbourne factory after virtual inspections

September 4, 2020September 4, 2020 Marc Pallisco

A New Zealand investor has spent $7.1 million on a modern west Melbourne industrial property following video walk-through inspections. The

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News Victoria 

Coles Kilsyth sells to investor

September 4, 2020February 13, 2021 Marc Pallisco

An investor has spent $4.25 million for the strata titled south east edge of Kilsyth Shopping Centre. The 2183 square

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News Victoria 

Brunswick Industries Association sells HQ

September 4, 2020September 4, 2020 Marc Pallisco

A newly formed investment fund has spent $3.9 million on a Brunswick property with development upside. The 1996 square metre

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News Victoria 

Occupiers, investors snap up seven neighbouring Keysborough industrial assets

September 2, 2020September 3, 2020 Marc Pallisco

An entity which because of COVID-19 had to suspend the April bulk-auction of seven small Keysborough industrial investments has sold

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News Victoria 

Suleman Group launches Build to Rent based village at Spotswood

September 3, 2020November 26, 2020 Marc Pallisco

The Suleman family’s development arm has appointed ABD Group to construct a major Build to Rent based village in Melbourne’s

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New South Wales News 

Hub signs office lease deal with a twist at $2b Brookfield Place

September 3, 2020September 3, 2020 Marc Pallisco

Australian co-working giant Hub has leased two levels within Brookfield Properties’ Brookfield Place office tower, under construction at Wynyard station

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News Victoria 

Ex-Geelong Post Office sold for boutique hotel

September 2, 2020February 11, 2021 Marc Pallisco

The 130-year old former Geelong Post Office will be converted into a boutique hospitality complex after selling to town local

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New South Wales News 

Ryde Toyota dealership and service centre collects $22.9m from EG

September 1, 2020September 1, 2020 Marc Pallisco

Servco has sold another Toyota car dealership with a leaseback – this time to EG, which will refurbish it. The

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News Queensland Victoria 

Centuria Industrial REIT spends $32.5m on assets in Melbourne, Brisbane

September 1, 2020September 30, 2020 Marc Pallisco

Centuria Industrial REIT (CIP) has acquired two commercial investments and settled on the purchase of two more – making for

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New South Wales News 

PFD sells Penrith warehouse to Rise Projects

August 27, 2020August 27, 2020 Marc Pallisco

PFD Food Services has sold a vacant Penrith industrial facility to a developer which plans to build two warehouses on

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News Western Australia 

Cyber CX rents part of late Len Buckeridge’s Perth HQ

August 28, 2020August 28, 2020 Marc Pallisco

Redhill Partners and Apollo Group’s decision to speculatively fit out the vacant 13 per cent of a Perth CBD office

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News South Australia 

Singaporean family pays $47.2m for Adelaide CBD office

August 26, 2020August 26, 2020 Marc Pallisco

Local syndicate Southern Cross Investment Group has sold National Australia Bank’s Adelaide CBD headquarters to a Singaporean family for $47.2

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News Victoria 

Frasers to replace Clyde North dairy farm with 1600 homes

August 25, 2020August 26, 2020 Marc Pallisco

Frasers Property Australia will replace a Clyde North dairy farm with 1600 dwellings and 6000 square metre town centre after

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News Victoria 

The Block 2020, Brighton: approved plans

August 23, 2020August 27, 2020 Marc Pallisco

The sixteenth season of reality TV show The Block has started. In it, five renovation rescues – from each of

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New South Wales News 

Bob Ell sells Ingleburn industrial investment for $38.2m

August 25, 2020August 26, 2020 Marc Pallisco

EG Australian Core Enhanced (ACE) Fund, has paid $38.2 million for an Ingleburn industrial investment with three structures. The vendor,

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News Victoria 

LOGOS, Ivanhoe Cambridge pay Growthpoint $50.2m for Broadmeadows logistics site

August 24, 2020August 25, 2020 Marc Pallisco

Growthpoint Properties Australia has decided against redeveloping a 25 hectare Broadmeadows distribution centre vacated in February by Woolworths – instead

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News South Australia 

Cromwell sells Direk distribution centre for $63.05m – 19pc over book value

August 24, 2020August 25, 2020 Marc Pallisco

Cromwell Funds Management, on behalf of the Cromwell Property Trust T12, has sold a seven year old cold storage investment

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News Victoria 

Fitzroy’s Copacabana building sells

August 21, 2020February 13, 2021 Marc Pallisco

The prominent Fitzroy building part occupied by Copacabana International restaurant has sold for a speculated $11 million. At 131-143 Smith

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News Victoria 

4Cyte leases ex-nurse on call office for COVID testing centre

August 24, 2020August 24, 2020 Marc Pallisco

4Cyte Pathology has leased a standalone building in Melbourne’s south east for a COVID testing centre. The 12-month deal for

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News Victoria 

Apartment developer buys office at bottom of Westgarth retail strip

August 21, 2020August 22, 2020 Marc Pallisco

Wilbow is speculated to have swooped on a low-rise office on Commercial 1 zoned land at the south east tip

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News Victoria 

Audiologists collect $4.3m from clinic near Knox Private Hospital

August 22, 2020August 22, 2020 Marc Pallisco

An audiology clinic near Knox Private Hospital, in Melbourne’s east, has sold for $4.32 million. The vendors, occupiers who purpose

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News Victoria 

Wel.Co spends $23m on Thornhill Park residential site

August 19, 2020August 19, 2020 Marc Pallisco

Wel.Co is paying $23 million to private education entrepreneur, builder and City of Wyndham councillor, Intaj Khan, for a residential

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News Victoria 

Ballerina Shirley Jones offers Pascoe Vale South school after 60 years

August 22, 2020September 27, 2020 Marc Pallisco

It could be the end of an era in Pascoe Vale South with a row of four shops on Commercial

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News Victoria 

LOGOS buys c$70m Epping business park from Time & Place, MaxCap

August 18, 2020August 18, 2020 Marc Pallisco

LOGOS Group is acquiring a 9.7 hectare industrial investment the vendors Time & Place and MaxCap are still constructing, in

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News Queensland 

Investec spends $15.6m on Brendale industrial investment

August 18, 2020August 18, 2020 Marc Pallisco

Investec Australia Property Fund (IAP) is paying $15.614 million on a funds through basis for a Brisbane industrial investment. The

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News Victoria 

Verifone rents Essendon Fields’ historic Beaufort Building

August 14, 2020August 15, 2020 Marc Pallisco

Essendon Fields – a master-planned commercial village by Linfox and Beck Corporation replacing part of Essendon Airport – has secured

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News Victoria 

Caydon seeks occupiers for retail, strata office at new laneway near Nylex clock

August 14, 2020August 15, 2020 Marc Pallisco

Caydon is seeking tenants to occupy ground floor shops (pictured, top) and a strata office or showroom (right) forming part

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News Victoria 

Federal government sells Oakleigh South retail investment for $1.85m

August 14, 2020August 14, 2020 Marc Pallisco

The federal government has sold a large, high-profile retail investment abutting a Dan Murphy’s car park in Melbourne’s Oakleigh South.

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News Victoria 

Frasers rents speculative Braeside warehouse to Toll

August 14, 2020August 18, 2020 Marc Pallisco

Toll Global Express has committed to a Braeside warehouse its landlord, Frasers Property Industrial, has just built speculatively. The 10,787

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News Victoria 

BlueCross lists surplus Scotchmans Creek site

August 14, 2020August 18, 2020 Marc Pallisco

Aged care accommodation provider BlueCross has listed a creek-side Mount Waverley site adjacent to a facility. The 9642 square metre

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News Victoria 

Minimax, Ted’s move HQ

August 13, 2020February 13, 2021 Marc Pallisco

Minimax and Ted’s Cameras, controlled by the Blythe family’s Bajle Group, will move to a renovated South Melbourne headquarters near

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National News 

Clean Energy Finance Corporation invests in flagship Charter Hall logistics trust

August 13, 2020August 13, 2020 Marc Pallisco

In its first pure play industrial outlay, the federal government’s Clean Energy Finance Corporation will invest $50 million with Charter

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News Victoria 

Yarra Consulting Group offers Hawthorn East development site

August 14, 2020August 14, 2020 Marc Pallisco

Yarra Consulting Group is selling two low rise neighbouring offices forming a corner in Melbourne’s ritzy Hawthorn East. The advisory

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News Queensland 

John Fink buys Stokehouse Q from Frank Van Haandel

August 13, 2020August 13, 2020 Marc Pallisco

John Fink has purchased the Stokehouse Q restaurant in Brisbane’s South Bank from other hospitality heavyweights – Frank and Sharon

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News Queensland 

Mixed use Cavill Ave investment sells for $6.1m

August 14, 2020August 14, 2020 Marc Pallisco

An investment consortium led by a local has paid $6.1 million for one of 17 freestanding properties on Surfers Paradise’s

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News Victoria 

Costa AM secures Findex at Geelong’s ex-Capital Building Society HQ

August 12, 2020August 12, 2020 Marc Pallisco

Costa Asset Management has secured Findex to the newly fit out top floor of a Geelong CBD office built in

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News Victoria 

Primewest pays Lamattina family $42m for Boneo farm

August 13, 2020August 13, 2020 Marc Pallisco

The four month old Primewest Agricultural Trust No 1 is paying the Lamattina family $42 million for a Boneo celery

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News Western Australia 

Stockland sells Perth dairy distribution centre to Charter Hall for $63.5m

August 11, 2020August 25, 2020 Marc Pallisco

Stockland is selling a dairy distribution centre investment north of Perth to a Charter Hall unlisted direct property fund for

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News South Australia 

Nick Scali to build Adelaide flagship after investing $6.6m on Keswick site

August 11, 2020August 11, 2020 Marc Pallisco

Nick Scali Limited – which last week told investors to expect a 50-60 per cent rise in profits for the

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News Victoria 

Occupier spends $4.2m on Cremorne warehouse

August 12, 2020August 12, 2020 Marc Pallisco

A Melbourne based owner occupier has spent $4.175 million on a Cremorne office/warehouse with development potential. Twelve offers were received

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News Victoria 

Permit-ready Elsternwick clothing factory sells to investor

August 11, 2020August 12, 2020 Marc Pallisco

An investor who may develop in the medium term has paid $4.2 million for a former Elsternwick clothing factory offered

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New South Wales News Queensland 

LOGOS, TCorp pay Sigma $172m for two distribution centres

August 11, 2020August 12, 2020 Marc Pallisco

A joint venture between New South Wales’ Treasury Corporation (TCorp) and LOGOS – which is majority controlled by Singapore’s ARA

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National News 

Charter Hall, GIC, buying 49pc stake in Ampol service stations

August 10, 2020August 17, 2020 Marc Pallisco

Charter Hall Group and Singapore’s GIC are paying $682 million for a 49 per cent stake in 203 Australian petrol

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News Queensland 

Clive Palmer spends $5m to expand Fig Tree Pocket pile

August 11, 2020August 11, 2020 Marc Pallisco

Clive Palmer is spending $5 million to expand his residential holding in Brisbane’s Fig Tree Pocket. The mining magnate paid

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National News 

KUBA takes Napoleon Perdis out of Priceline and into David Jones

August 10, 2020August 11, 2020 Marc Pallisco

KUBA Investments is making good on its promise to reposition the Napoleon Perdis business it acquired last April – replacing

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News Victoria 

MAB secures PPE supplier RSEA Safety to Clyde North Lifestyle Centre

August 10, 2020August 10, 2020 Marc Pallisco

Personal protective equipment supplier RSEA Safety Australia – a retailer booming throughout COVID-19 conditions – has leased a showroom at

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News Victoria 

Golden Age approved to build 27-storey office at 130 Little Collins Street

August 8, 2020August 12, 2020 Marc Pallisco

Melbourne’s CBD is prepped for an office building burst with two projects recently approved and another set to start construction

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News Victoria 

JB Hi Fi chief lists Toorak’s landmark Glyn

August 9, 2020September 1, 2021 Marc Pallisco

JB Hi Fi chief executive officer Richard Murray and his partner, Jacqueline Blackwell, have listed Toorak Arts & Crafts movement

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News Victoria 

Accent Group chooses Armadale for Stylerunner’s first bricks and mortar store

August 7, 2020August 8, 2020 Marc Pallisco

EXCLUSIVE Nine months after purchasing online activewear retailer Stylerunner, which entered voluntary administration three weeks earlier, ASX-listed Accent Group has

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News Victoria 

Peter Yunghanns sells Fiskville’s Yaloak Estate

August 8, 2020February 20, 2021 Marc Pallisco

Lawyer and vineyard owner Peter Yunghanns has sold Fiskville’s Yaloak Estate for a speculated $60 million. The 5071 hectare property

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A.C.T. News 

Offshore fund outlays $15.3m for Fyshwick office

August 8, 2020August 8, 2020 Marc Pallisco

An offshore fund is spending $15.3 million on a Fyshwick office which derives 79 per cent of its income from

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News Victoria 

Cadence spends $14m on former Spotswood animal quarantine station

August 7, 2020August 8, 2020 Marc Pallisco

EXCLUSIVE Charlie Buxton’s Cadence Property Group has purchased the Spotswood Animal Quarantine Station for $14 million. The 3.8 hectare site

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News Victoria 

Apartment owners unite, peddle Melbourne building, for $6.9m

August 8, 2020August 8, 2020 Marc Pallisco

Owners of the four apartments within a modest complex on relatively big land, in the Melbourne CBD, have united and

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News Victoria 

Site of St Kilda Road’s Clivedon seeking $30m-plus

August 9, 2020August 9, 2020 Marc Pallisco

The St Kilda Road property which from 1938 until last year accommodated The Clivedon art deco complex (right) is for

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News Victoria 

V/Line leases another west Melbourne warehouse for depot

August 7, 2020August 11, 2020 Marc Pallisco

V/Line has signed another industrial lease deal in Melbourne’s west, this time in Ravenhall. The 2500 square metre facility with

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News Victoria 

Telstra sells Hampton Park townhouse site

August 6, 2020August 7, 2020 Marc Pallisco

Telstra has traded land at the back of its Lyndhurst Exchange in Melbourne’s Hampton Park. The deal while small –

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News Victoria 

Centuria pays Telstra $416.7m for Clayton data centre

August 5, 2020August 7, 2020 Marc Pallisco

Telstra has sold a multi-building data centre in Clayton with a leaseback to Centuria Industrial REIT (CIP). The $416.7 million

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News Queensland 

Dexus healthcare fund buys Clayfield’s College Junction for $36.5m

August 5, 2020May 4, 2021 Marc Pallisco

Dexus managed Healthcare Property Fund – which delivered a high 10.9 per cent return for the year to June 30

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News Queensland 

Palaszczuk government lists office site at Lumina innovation cluster

August 5, 2020August 17, 2020 Marc Pallisco

The Queensland government has listed a commercial development site at its 200 hectare Gold Coast Health and Knowledge Precinct, the

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News Victoria 

Fenner Dunlop’s Belle Banne pre-commits to Salta’s Nexus Industrial Estate

August 4, 2020August 5, 2020 Marc Pallisco

Salta Properties has pre-committed an arm of Fenner Dunlop, the world’s biggest manufacturer of conveyor belting for mining and industrial

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News Victoria 

Singaporean land banker spends $13m for block at Collingwood’s east edge

August 5, 2020August 6, 2020 Marc Pallisco

A Singaporean investor who sees Collingwood as likely to take off in the short and medium term has spent $13

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New South Wales News 

Guildford warehouse collects $6.8m from investor

August 6, 2020August 6, 2020 Marc Pallisco

An investor has paid the owners of Class Windows and Kitchen Elements $6.8 million for a Guildford industrial facility. Seventeen

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News Queensland Victoria 

Frasers’ logistics trust buys Melbourne and Thames Valley investments, sells half stake of Brisbane facility

August 4, 2020August 5, 2020 Marc Pallisco

Frasers Logistics & Commercial Trust will pay its parent Frasers Property $91.6 million (S$89.9m) for an industrial investment in Melbourne

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News Victoria 

Ozito commits to Frasers’ Rubix Connect

August 4, 2020March 3, 2021 Marc Pallisco

EXCLUSIVE Frasers Property Industrial has pre-committed power tools and garden products giant Ozito as the first tenant for its Rubix

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News Victoria 

Serco sub-lets Essendon Fields office from The Good Guys

August 3, 2020August 5, 2020 Marc Pallisco

Serco Australia has rented the Essendon Fields office vacated last year by The Good Guys, which is now based at

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New South Wales News Queensland Victoria Western Australia 

Nationwide Towing & Transport founders sell four industrial investments with a leaseback

August 3, 2020August 4, 2020 Marc Pallisco

The founders of Nationwide Towing & Transport have sold four industrial investments with a leaseback for a speculated total price

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News South Australia 

Con Makris to bank $200m from City Cross, North Adelaide Village

August 3, 2020August 4, 2020 Marc Pallisco

South Australia’s wealthiest person, Con Makris, is selling two Adelaide shopping centres. Via Makris Group, the Greek Australian property developer

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