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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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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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