Anthony Pratt buys North Bondi home: sources
Anthony Pratt is reported to be paying $22 million for a North Bondi home. The deal for 144 Ramsgate Avenue
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North Shore industrial asset trades for $15m
A vacant Artarmon industrial property has sold a week after hitting the market. The incoming owner, which is paying $15
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Centuria completes four affordable housing complexes
Centuria Capital Group has completed four Central Coast affordable housing complexes. The developments contain a total of 190 dwellings –
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Scape snaps up site at the top of town
Scape has quietly snapped up a prominent Melbourne CBD site with plans for a student accommodation tower. The former service
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Satterley in play for more Shenstone Park land
Satterley Property Group is speculated to be paying $68 million for another low density housing site in Melbourne’s outer north.
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CK Ow lists $1b hotel portfolio
Singapore based Chio Kiat (CK) Ow has listed six Australian and New Zealand hotels – the bulk of his local
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ISPT offers $600m-plus office portfolio
ISPT has listed four east coast office investments. The priciest, 100 Pacific Highway, North Sydney, carries $400-$450 million expectations. Developed
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CIP value increases $285m
Centuria is being rewarded for its decision to counter-cyclically invest in its Industrial REIT (CIP). Following a revaluation of its
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Charter Hall acquires WSPT Eastern Creek land
Charter Hall has secured an Eastern Creek industrial site from Western Sydney Parklands Trust. The government launched a tender to
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Goldfields’ Richmond hotel wins approval
Goldfields Group has won permission to replace Richmond’s former Matt Blatt showroom with a 12-storey, 198-key hotel. The facility at
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Hollywood Hotel trades for c$9m
Surry Hills’ Hollywood Hotel, formerly known as the Tooth’s Brewery, has sold for a speculated $9 million to Parlour Group.
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Longriver selling down East Central retail
Longriver is selling the ground floor retail component of its new Box Hill skyscraper, East Central. The three suites –
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Dexus acquires Bethesda Clinic for healthcare fund
Dexus has acquired a Perth healthcare investment on a funds through basis. The Bethesda Clinic, designed and being delivered by
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GIC to open Australian office
Singapore sovereign wealth fund GIC will open an Australian office next year. The landmark Chifley Tower, in Sydney – which
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Oreana buys up more of South Yarra
Local developer Oreana has paid $13.15 million for a row of four shops next to the South Yarra Square arcade
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Scape buys Oxfam HQ for 14-level tower
Oxfam has sold its Carlton headquarters to Scape for $22.11 million. At 130-138 Leicester Street, the four-storey warehouse-converted-office will now
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Brunswick shops collect $8.25m
Two retail investments with development upside in Brunswick’s Sydney Road sold this week. At #120-124, a double fronted shop neighbouring
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bp, David Jones split
David Jones has ended its food hall partnership with bp after two years. The pair operated 35 dual branded service
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Offshore buyer snaps up 25ha Bangholme block
A Chinese investor – in its second Australian land play – has made a strategic purchase at Bangholme, about 31
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Longriver proposes bigger hotel at ex-Theosophical Society HQ
Longriver Group has quietly snapped up two shops neighbouring the former Melbourne Theosophical Society headquarters – allowing it to build
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Architect lists unique city HQ
Architect Omiros Emmanouilides is selling his Melbourne base. The unique property – with a double lock-up garage directly off its
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Samsung Life acquires 25pc of Savills IM
Samsung Life and its real estate asset management subsidiary Samsung SRA have snapped up a 25 per cent stake in
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Ormeau warehouse, servo trades for $23m
Xiao Honh (Jane) Darvezina has paid $23 million for an industrial investment at Ormeau – about 35 kilometres north west
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Gym operator pays $11.2m for local bank
A Coogee retail investment, purpose built in 1985 for Commonwealth Bank of Australia, which still occupies, sold for $11.2 million
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Underutilised Auburn site trades for $13.1m
A Centrelink office on 1870 square metres, walking distance to Auburn station, has traded for $13.06 million, or a 2.69
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Charter Hall makes tactical Boronia play
Charter Hall is paying $106 million for a life sciences building on 16.8 hectares in Melbourne’s east Boronia. The vendor,
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Nillumbik council sells townhouse block
Nillumbik Shire Council is banking $4.62 million for a townhouse development site next to Diamond Valley Library. The 4773 square
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Metro spends c$275m on permit-ready sites
Metro Property is continuing to stock its residential development pipeline, spending c$275 million on two permit-ready Sydney blocks. In the
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Neil Perry rents CBD food court for Hope Delivery
Revered chef Neil Perry has rented a food court space at Stockland Piccadilly, in Pitt Street, for his Hope Delivery
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ESR, Goldman Sachs selling State Law Building
ESR and Goldman Sachs are understood to have sold a government-backed Brisbane CBD office to Hines. The State Law Building
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Mirvac lists c$150m industrial portfolio
Mirvac has listed three east coast industrial investments – one attached to a development site. The portfolio could sell for
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Quest hotel to replace Collingwood ex-suit factory
The Ascott Limited has committed to a second Collingwood hotel in as many years. In the latest deal, for its
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Merivale drops c$13.5m for prime Byron Bay corner
Merivale Group has acquired Byron Bay’s former Cheeky Monkey’s bar and backpackers, and neighbouring Thai Sabai massage parlour, for a
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Hub Australia, 1R commit to Industry Lanes
Hub Australia has committed to 3000 square metres at a Richmond office being developed by Abacus Property Group and Salta
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Goodman secures Australia Post to Port Air
In a major lease deal, Goodman has secured Australia Post to two warehouses at Botany’s Port Air Industrial Estate. The
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Stockland buys in Beveridge: sources
Stockland is continuing to build its Melbourne residential development pipeline, with speculation it is paying Ouson Group $125 million for
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Double Bay office sets auction record
A Double Bay office developed by Greater Union six years ago – replacing the Vogue Theatre – has sold for
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Lendlease spends $130.1m on Best & Less warehouse
Lendlease is paying $130.1 million – a price which reflects a 3.62 per cent yield – for an Eastern Creek
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AQR snaps up six SA service stations
APN Funds Management has acquired another six service station for its Convenience Retail REIT (AQR). The South Australian properties were
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Green light for Piedimonte’s Fitzroy North redevelopment
The Piedimonte family has been granted permission to replace its Fitzroy North supermarket and eight neighbouring sites with a mixed-use
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Hickory secures Goldfingers for office
Hickory has quietly snapped up the former Goldfingers strip club – and won approval to build a 22 storey office
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Ord Minnett returns to Grosvenor Place
Ord Minnett will move back to the Harry Seidler designed Sydney office it quit 16 years ago. The wealth manager
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Perron sells Welshpool investment
Perron Group has sold a Welshpool industrial investment to an owner occupier. The 1.12 hectare property with 4099 square metres
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Ryman acquires Essendon site for $165m village
Ryman Healthcare has picked up a small Essendon retirement village with plans for a full-service one. The sizeable 1.8 hectare
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HPI, AVC snare five more Queensland pubs
A fortnight after paying the Scanlon family $10.45 million for Marcoola’s Surfair Beach Hotel, ASX-listed Hotel Property Investments has acquired
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Fife spends $200m on Buckeridge portfolio
Fife Capital is reportedly paying $200 million for a portfolio of industrial, office and residential investments. The 39 properties were
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Australia Post quits city for Burnley
Australia Post will relocate its headquarters to Melbourne’s inner east Burnley. A company spokesperson confirmed the move to 480 Swan
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Drouin housing site trades for $14m
A low density housing estate site at Drouin – outside of the Urban Growth Boundary but still accessible to metropolitan
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Government backed Bowral investment collects $9.5m
A federal government backed office in central Bowral has sold for $9.5 million reflecting a 4.6 per cent passing yield.
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AU spends $65m on retirement homes, land
Australian Unity is paying $65 million for Greengate’s aged care and retirement living portfolio. The deal includes three modern, operational
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Mercato on Byron, land trades for c$120m
Wingate and Azzura Investments have sold a Byron Bay shopping centre and neighbouring development site for a speculated c$120 million.
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ESR secures two pre-commitments at Horsley Park
ESR has started constructing its $320 million Horsley Logistics Park, in Sydney’s west, after securing two pre-commitments. In the biggest
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Australia’s largest regional art gallery opens
Gold Coast’s HOTA Gallery (pronounced ‘hotter’) opened this month. The $60.5 million facility supersedes The Art Gallery of Ballarat as
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Historic Lorne Hotel sells to Merivale
Merivale has made its second Victorian acquisition – this time on the Surf Coast. The hospitality group is paying the
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Premium architect designs waterfront Sorrento aged care complex
Australian Aged Care Group Pty Ltd is proposing a luxury low rise complex opposite Sorrento’s front beach. The $50 million
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GARDA spends $30m to treble industrial pipeline
GARDA Property Group is spending $30 million on three Brisbane industrial sites with plans for 128,000 square metre of product
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Officer block earns $25m from developer
Parklea director Andrew Facey with Premier Building Group’s Greg Kilner have sold a low-density housing block in Melbourne’s south east
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North Coast offloads Moonee Beach Tavern
North Coast Hotel Group is banking a speculated $22 million from Moonee Beach Tavern, about 15 kilometres north of Coffs
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Harvest buys Dubbo’s Milestone Hotel
Unlisted pub fund Harvest Hotels is spending a speculated $15 million on Dubbo’s Milestone Hotel. The purchaser already owns regional
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Southern Cross Austereo relocates within South Melbourne
Southern Cross Austereo will relocate its studio within South Melbourne. The media group has signed a 10-year lease for 3000
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Merivale snaps up historic Leichhardt pub
Merivale has acquired the freehold going concern interest in Leichhardt’s historic Norton’s Irish Pub, for $24 million. It is the
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Richmond’s ex-ARL HQ for sale
Associated Retailers Limited’s former inner-city headquarters is for sale with two redevelopment schemes. The half acre site, at the south
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Bunnings Young trades at sub-5pc yield
A near new Bunnings outlet at Young – a 375 kilometres drive south west of Sydney – has sold for
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Cremorne office site collects $26.9m
Fortis is paying $26.9 million for a Cremorne site opposite Kangan TAFE. The vendor, Tope Lane, recently won permission to
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Quadrant seeds fund with Midland office
Quadrant Investments will seed a fund – QI Diversified Income Trust No 1 – with a Midland office acquired for
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Charter Hall goes on $780m office spending spree
Charter Hall is paying $780 million for four offices – three leased to the government. In the biggest deal, the
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Sun Property banks sizeable capital gain at Crows Nest
Sun Property has sold the former Warner Music building, in Crows Nest, for $32.25 million. The boutique apartment builder paid
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Government commits to balance of Macquarie Park office
In another major suburban Sydney office lease deal – Charter Hall has secured the state government to 8600 square metres
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HomeCo sells retail, buys social infrastructure investments
Home Consortium (HMC; HomeCo) has spent $133.2 million on three more social infrastructure assets to seed its HealthCo REIT. The
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Tubbo Station for sale
Tubbo Station, in the New South Wales Riverina region, is for sale with a $40 million-plus guide. The 14,876 hectare
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Carpe buys Eaglemont apartment site
Carpe Group has acquired an Eaglemont family home over two blocks with plans for an apartment project. The 2216 square
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Centuria secures tech group to South Eveleigh
Centuria has secured SpeeDx to 3000 square metres at South Eveleigh’s Eight Central Avenue. The lease deal is one of
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Guy Pearce sells Middle Park investment
Actor Guy Pearce has sold a Middle Park investment property after four years. The unrenovated home at 339 Richardson Street
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Harry Seidler’s first commercial project sold for $23.3m
A Hong Kong family has purchased one of Sydney’s most important offices. The buyer is paying Dynasty Aust Group $23.3m
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Glicks sell Clayton South HQ off-market
Glicks Bakery directors have sold the company’s Clayton South headquarters – which also includes a manufacturing plant and distribution centre
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Harvey Norman snares Clark Rubber at Wodonga
Harvey Norman has secured Clark Rubber to its Wodonga Homemaker Centre, at the Victoria/NSW border. The tenant will join 11
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Silverstone buys underutilised South Brisbane site
Silverstone Developments has paid $11.5 million for a South Brisbane office/warehouse with high rise upside. The purchaser paid cash for
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Metropolitan office markets outlook, 1H2021: Colliers
Twelve months ago, the Australian office workforce was very much settled into the work-from-home routine and many questions were being
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LOGOS, Ivanhoé Cambridge turn sod at Broadmeadows estate
LOGOS and Ivanhoé Cambridge, with Hume City mayor Joseph Haweil, have turned the first sod, marking the start of construction,
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Marque offloads near-new Matraville business park
Marque Property has sold a small, near-new industrial park, near Botany Bay. The uber contemporary estate, The Avenue, at 38
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