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New South Wales News 

Lang Walker AO, Maurice Terzini unveil CicciaBella outpost at Parramatta Square

June 22, 2020June 22, 2020 Marc Pallisco

Revered restaurateur Maurice Terzini will open a CicciaBella osteria within Lang Walker AO’s $3.2 billion Parramatta Square, in west Sydney.

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New South Wales News 

South Eveleigh “groundscraper” The Foundry reaches practical completion

June 24, 2020June 29, 2020 Marc Pallisco

South Eveleigh “groundscraper” The Foundry has reached practical completion. NSW premier Gladys Berejiklian with Matt Comyn, the chief executive officer

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New South Wales News 

Ged Dore shouts $10.75m on Enmore’s Sly Fox Hotel leasehold

June 23, 2020June 23, 2020 Marc Pallisco

Enmore’s Sly Fox Hotel leasehold has sold to local publican Ged Dore for $10.75 million. The triple storey property at

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News 

Stockland’s Mark Steinert retires

June 22, 2020July 8, 2020 Marc Pallisco

Stockland today announced that its chief executive officer and managing director Mark Steinert would retire. The businessman took over from

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News Queensland 

Ashgrove retail and medical centre sells for $8.88m

June 22, 2020June 22, 2020 Marc Pallisco

A new retail and medical centre in Brisbane’s upmarket Ashgrove has sold for $8.88 million to a Melbourne investment group.

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News Victoria 

UEM Sunrise spends $43m on row of Collingwood car yards as part of expansion strategy

June 19, 2020June 20, 2020 Marc Pallisco

EXCLUSIVE UEM Sunrise is paying Jowett Motor Group $43 million for a row of car yards on the Collingwood side

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News Victoria 

Jewish Care Victoria lists acre of land behind St Kilda Road HQ

June 19, 2020August 5, 2020 Marc Pallisco

EXCLUSIVE Jewish Care Victoria is readying to sell surplus land at the back of its St Kilda Road headquarters –

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News Victoria 

Oakleigh East childcare centre trades for $8.1m

June 19, 2020June 20, 2020 Marc Pallisco

A China based investor has paid $8.08 million for a modern childcare centre in Melbourne’s Oakleigh East. The sale price

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News Victoria 

Zig Inge offers Austereo’s former HQ following refurbishment

June 19, 2020December 4, 2020 Marc Pallisco

Zig Inge Group is selling the St Kilda office for years occupied by Austereo which used the rooftop for concerts

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New South Wales News 

Eildon buys Elara Village shopping centre from Stockland

June 19, 2020February 1, 2021 Marc Pallisco

EXCLUSIVE Stockland has sold a town centre development site in north west Sydney to Eildon Funds Management for $8.85 million.

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News Victoria 

Japara lists two more aged care investments

June 18, 2020June 19, 2020 Marc Pallisco

After recently selling a Springvale aged care centre as an investment, Japara – one of the country’s largest industry service

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New South Wales News 

Primewest pays Woolworths $34.75m for Spring Farm Shopping Centre

June 19, 2020June 19, 2020 Marc Pallisco

Woolworths has sold another modern shopping centre investment, this time in Sydney’s south west Spring Farm, banking $34.75 million. The

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News Victoria 

Hannan family divests Noble Park factory

June 17, 2020April 25, 2023 Marc Pallisco

The Hannan family, via its Rathdrum Properties, has sold a high-profile, vacant factory in Noble Park, 25 kilometres south east

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News Victoria 

Grocon paying AFL c$67m for site abutting Marvel Stadium

June 17, 2020June 22, 2020 Marc Pallisco

Grocon is paying the AFL $67 million for a site abutting Marvel Stadium which could make way for a major

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News Queensland 

Horizon @ Wellington Point sells off-market

June 14, 2020June 17, 2020 Marc Pallisco

A medical and retail complex east of Brisbane has traded off-market for $14.43 million – a 20 per cent drop

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News Victoria 

Lightning Source pre-commits to Pellicano’s Innovation Park

June 16, 2020August 4, 2020 Marc Pallisco

Book printer Lightning Source has pre-committed to Pellicano’s Innovation Park, in Melbourne’s Dandenong South. The Ingram Content Group business will

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News Queensland 

New Inala industrial investment collects $21.25m from Mapletree

June 16, 2020June 16, 2020 Marc Pallisco

Singapore’s Mapletree Logistics Trust is paying $21.25 million for a new Brisbane industrial investment adjacent to Queensland Police Academy. The

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News Queensland 

HB Land spends $23.5m on two Queensland housing sites

June 16, 2020June 16, 2020 Marc Pallisco

Mainboard listed Ho Bee Land (HB Land) has outlaid $23.5 million on two Queensland low-density residential development sites. In the

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New South Wales News 

Dixie Cummings leases two Lidcombe warehouses

June 16, 2020June 16, 2020 Marc Pallisco

Dixie Cummings Enterprises has leased two warehouses in Lidcombe’s Carter Street – one on land owned by China’s Yunnan provincial

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News Queensland 

Ladbrokes’ ex-Lutwyche HQ sells for $11.25m

June 15, 2020March 29, 2022 Marc Pallisco

Sydney syndicate Alceon has sold a Lutwyche commercial asset for $11.25 million. Ladbrokes’ former headquarters at 467-473 Lutwyche Road is

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News Victoria 

Hickory quits Cremorne for South Melbourne

June 14, 2020June 16, 2020 Marc Pallisco

Hickory Group is quitting a headquarters it built for itself at Cremorne for another, much closer to the city, in

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New South Wales News 

Telstra to sell Pitt Street exchange

June 16, 2020June 16, 2020 Marc Pallisco

Telstra can expect between $250-$300 million from the sale of a Sydney CBD telephone exchange. At 76-78 Pitt Street, the

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News Victoria 

‘Brighton Town Hall’ for sale

June 13, 2020February 5, 2021 Marc Pallisco

Brighton’s landmark Kinane is for sale – the 3200 square metre holding being targeted to prestige residential buyers and apartment

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New South Wales News 

Woolworths sells Mittagong Shopping Village for $9.7m off-market

June 14, 2020June 14, 2020 Marc Pallisco

Woolworths’ SCA Property Group has banked $9.7 million from a small retail centre in the Southern Highland town of Mittagong,

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New South Wales News 

Feuding brothers push price of trophy North Bondi investment to $25.4m

June 12, 2020June 12, 2020 Marc Pallisco

At an unusual auction yesterday, two feuding brothers contested for a North Bondi investment they appointed agents to sell –

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News Victoria 

Holden testing sale of Lang Lang proving ground off-market

June 11, 2020June 16, 2020 Marc Pallisco

General Motors Holden’s landmark Lang Lang proving ground is being touted off-market. Abutting Bass Highway, 85 kilometres south east of

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News Victoria 

New BP Delacombe sells for $6.7m

June 12, 2020June 12, 2020 Marc Pallisco

Another Victorian service station investment has sold, this time just west of Ballarat. A local buyer paid $6.7 million –

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News Victoria 

MySize’s Andrew Nissen offers piece of Cremorne’s historic Rosella complex

June 12, 2020June 12, 2020 Marc Pallisco

MySize managing director Andrew Nissen is offering a substantial warehouse-converted-office for lease, in Melbourne’s trendy inner east Cremorne. The 1916

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News Queensland 

Amazon commits to Brisbane fulfilment centre

June 14, 2020June 14, 2020 Marc Pallisco

Amazon has committed to a fulfilment centre in Brisbane’s north east Lytton. Cryptically only described as being the size of

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News Victoria 

Time & Place with Woolworths pays c$30m for Glen Iris office with development upside

June 11, 2020June 12, 2020 Marc Pallisco

Diversified Melbourne developer Time & Place and Woolworths have partnered to buy a modern Glen Iris office to replace with

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News Victoria 

Graeme Watson offers prominent Portsea holiday home

June 10, 2020April 19, 2021 Marc Pallisco

Veteran commercial real estate agent Graeme Watson and his wife Julie have listed for sale their Portsea holiday home. The

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News Victoria 

AustralianSuper acquires 25pc stake of Assemble Communities

June 12, 2020June 15, 2020 Marc Pallisco

AustralianSuper has acquired a quarter stake of Assemble Communities. The country’s largest superannuation fund is also expected to fund upcoming

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News Western Australia 

Marriott to open five star Westin resort at Margaret River’s Gnarabup Beach

June 10, 2020June 12, 2020 Marc Pallisco

Marriott International has signed a hotel management agreement with joint venture development partners Saracen Properties and Security Capital Australia for

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News Victoria 

Coburg Hill Shopping Centre sells for $21.3m

June 9, 2020June 10, 2020 Marc Pallisco

APN Property Group has sold a Woolworths anchored retail investment in Melbourne’s north for $21.3 million. Coburg Hill Shopping Centre,

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New South Wales News 

North Turramurra vet fetches $6.25m from Revelop

June 9, 2020June 9, 2020 Marc Pallisco

A purpose-built vet clinic with re-positioning potential on Sydney’s North Shore exchanged a week after the marketing agents first talked

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News Victoria 

Pellicano’s Surfnplay Aqua Park no longer a joint venture

June 8, 2020June 9, 2020 Marc Pallisco

Pellicano won’t seek to replace Zagame Corporation as joint venture partner to build what would be the largest indoor water

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New South Wales News 

Charter Hall invests $115m on Erskine Park warehouse with long lease

June 10, 2020September 30, 2020 Marc Pallisco

Charter Hall has paid $115 million for a modern logistics centre with a long-lease that hasn’t even kicked in yet,

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News Western Australia 

Mount Hawthorn’s deserted Midway Taxi rank sells to developer

June 9, 2020June 9, 2020 Marc Pallisco

The deserted Midway Taxi rank in Perth’s north west Mount Hawthorn has sold to a local developer. At 387 Oxford

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News Victoria 

IHG chooses South Melbourne for seventh Australasian voco hotel

June 5, 2020June 6, 2020 Marc Pallisco

InterContinental Hotels Group has committed to its seventh Australasian site for its near-new hotel brand, voco. The 171-room complex at

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New South Wales News 

Manheim Auctions expands in Moorebank

June 9, 2020June 9, 2020 Marc Pallisco

Manheim Auctions has rented a Moorebank warehouse opposite another it already occupies. The Atlanta based company which turns 75 this

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News Victoria 

Jane Turner lists landmark Elwood home Tiuna

June 5, 2020July 7, 2020 Marc Pallisco

Entertainer Jane Turner and her husband, lawyer, John Denton, have listed Elwood’s landmark Tiuna after 23 years. More than $7.3

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News Victoria 

Allan Myers AC QC buying piece of Dunkeld’s Devon Park

June 5, 2020November 10, 2021 Marc Pallisco

EXCLUSIVE It is the end of an era in Dunkeld with the veteran Clarke farming family disposing of part of

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New South Wales News Queensland Victoria 

Allianz, Charter Hall pay Aldi $648m for logistics portfolio

June 4, 2020June 5, 2020 Marc Pallisco

Allianz Real Estate, on behalf of several of its group companies, with Charter Hall Group managed Charter Hall Prime Industrial

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News 

Australia’s HomeBuilder package explained

June 4, 2020June 5, 2020 Marc Pallisco

The federal government has announced the first details of a $668 million stimulus package for the construction sector. HomeBuilder will

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New South Wales News 

Time & Place bids $85m for 1960s Potts Point block The Chimes

June 3, 2020June 4, 2020 Marc Pallisco

Time & Place has made a play with the owners of 80 studio apartments and a car park, for a

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New South Wales News 

Oxford unveils 39-storey Build to Rent project at Sydney’s Pitt Street metro station

June 3, 2020November 26, 2020 Marc Pallisco

Oxford Properties has applied to construct what will be the first large scale Build to Rent project in Sydney’s CBD

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News Victoria 

Small Melbourne medical centre portfolio sells for $4.4m

June 3, 2020June 4, 2020 Marc Pallisco

Five small medical centres leased to Wellbeing Chiropractic, north, west and south of Melbourne’s CBD, have sold to one investor

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News Victoria 

Shop, office in historic ex-Carlton Moviehouse for lease

June 3, 2020June 4, 2020 Marc Pallisco

A ground floor retail space and upstairs office suite are for rent at the historic Carlton Moviehouse. It was five

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News Victoria 

Seymour service station fetches $4.4m week before public campaign launch

June 3, 2020June 4, 2020 Marc Pallisco

A new service station in Seymour, about 105 kilometres north of Melbourne, sold for $4.4 million the week before a

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News Queensland 

Bardon Central sells for $8.85m

June 3, 2020June 4, 2020 Marc Pallisco

A local investor has paid $8.85 million for the mixed-use Bardon Central in Brisbane’s inner-north west. The price reflects a

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News 

Australian recession expected to be called official in September

June 3, 2020June 4, 2020 Marc Pallisco

Australian Bureau of Statistics figures released today suggests a recession will be called in about September – ending what might

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A.C.T. News 

Federal government sells Canberra site to Geocon for $24m

June 4, 2020June 4, 2020 Marc Pallisco

The former Werriwa Defence Facility, within cooee of Australia’s Parliament House, has sold to Canberra’s largest developer Geocon for $24

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News Victoria 

ARA Asset Management proposes 21-level office as part of $800m Southgate makeover

June 1, 2020June 2, 2020 Marc Pallisco

ARA Australia, the local arm of Singapore’s listed ARA Asset Management, intends to build a 21-level office as part of

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News Victoria 

Six storeys coming to gateway Bridge Road site

June 1, 2020June 1, 2020 Marc Pallisco

A prominent island site – also a gateway to Richmond’s Bridge Road retail strip – is set to be replaced

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News Victoria 

Geelong Private Medical Centre for sale

May 31, 2020June 1, 2020 Marc Pallisco

The Chinese syndicate which three years ago bought Geelong Private Medical Centre from KPMG, a receiver representing National Australia Bank,

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New South Wales News 

Icon Foods pays $6.5m for Milperra factory

May 31, 2020May 31, 2020 Marc Pallisco

Protein drinks maker Icon Foods has paid $6.5 million for a factory in Milperra, 12 kilometres west of its St

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News Victoria 

Netball Victoria offloads West Melbourne HQ

May 29, 2020May 29, 2020 Marc Pallisco

EXCLUSIVE Netball Victoria has sold its West Melbourne headquarters ahead of a move to Parkville’s State Netball and Hockey Centre

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News Victoria 

Steller receivers sell East Keilor bluff

May 29, 2020June 21, 2020 Marc Pallisco

EXCLUSIVE KordmaMentha, representing creditors for failed developer Steller, has sold a creek-side East Keilor block adjacent to the Essendon border.

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News Victoria 

Carlton’s historic Dan O’Connell Hotel for sale with vacant possession

May 29, 2020June 1, 2020 Marc Pallisco

EXCLUSIVE It is the end of an era in Carlton with the freehold of Irish pub Dan O’Connell Hotel being

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News Victoria 

Compact West Melbourne site with tower plan fetches $2.7m

May 29, 2020May 29, 2020 Marc Pallisco

A small development site on a busy West Melbourne corner a block from Flagstaff Gardens has sold for $2.7 million.

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News Victoria 

David Jones selling historic Bourke Street Mall menswear store for $121m

May 28, 2020July 28, 2020 Marc Pallisco

Newmark Capital is paying $121 million for the prominent David Jones menswear store in Melbourne’s Bourke Street Mall. The deal,

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News Victoria 

Cbus, Mirvac shortlisted to buy part of “Melbourne’s front yard”

May 28, 2020June 3, 2020 Marc Pallisco

Cbus Property or Mirvac will be allowed to build a c$2 billion mixed-use village on outgoing public land described in

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News Victoria 

Vicinity proposes $2b Box Hill redevelopment – including suburb’s tallest tower

May 28, 2020January 3, 2021 Marc Pallisco

Vicinity Centres has unveiled plans and lodged the first permit applications for a $2 billion mixed-use redevelopment of its prominent

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News Victoria 

Sentinel banks $39m selling Sunshine North homemaker centre to Assembly, Cadence off-market

May 27, 2020June 4, 2020 Marc Pallisco

Sentinel Property Group has sold City West Plaza in Melbourne’s west to Cadence Property Group and Assembly Funds Management, the

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News Victoria 

Balaclava home of Red Scooter for sale

May 26, 2020June 1, 2020 Marc Pallisco

Postscript: the property sold on May 28, 2020 – two days after this story ran. Balaclava warehouse-turned-reception centre Red Scooter

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News Victoria 

CBRE and Mark Wizel split after 13 years

May 25, 2020May 26, 2020 Marc Pallisco

EXCLUSIVE In major Melbourne commercial property industry news, CBRE and one its highest profile and biggest billing agents, Mark Wizel,

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News Victoria 

Brunswick’s Princes Park Motor Inn site for sale after years of controversy

May 22, 2020May 24, 2020 Marc Pallisco

The high-profile Brunswick site with protected Melbourne CBD view lines over Princes Park has been listed for sale by its

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News Victoria 

Investor to cash in on Anthony St parcel

May 23, 2020February 11, 2021 Marc Pallisco

The investor who picked up an under-utilised Melbourne CBD apartment building on a one per cent yield in 2017 is

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News Victoria 

Northcote site consolidated by ex-footballer Clint Bartram sells at a loss

May 22, 2020May 23, 2020 Marc Pallisco

A row of old shops in Northcote’s Westgarth precinct, consolidated by interests associated with former Melbourne Football Club player turned

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News Victoria 

Arrow Health rents hall-converted-office at Armadale Uniting Church

May 22, 2020May 22, 2020 Marc Pallisco

Addiction treatment organisation Arrow Health has leased an unusual suburban office built into what was a hall connected to Armadale

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National News 

Wesfarmers to close up to 75 Target Australia outlets and re-brand 92 as Kmart

May 22, 2020May 22, 2020 Marc Pallisco

Wesfarmers will undertake a major restructure of its Target business, close up to 75 stores and re-brand another 92 as

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News Victoria 

Teage Ezard serves up Elwood’s priciest home sale

May 22, 2020May 22, 2020 Marc Pallisco

Revered chef and restaurant owner Teage Ezard has found a buyer for his extended and renovated Elwood Federation a month

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News Victoria 

DKO, Slab win approval for trapezoid topped Collingwood office

May 22, 2020May 22, 2020 Marc Pallisco

Architecture firms DKO and Slab have received unanimous council support for an eight storey commercial building in Melbourne’s inner north

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News Victoria 

Amazon Flex to occupy Melbourne Airport Business Park

May 22, 2020May 23, 2020 Marc Pallisco

Amazon Australia has leased a 330 square metre warehouse at Melbourne Airport Business Park in Tullamarine. The space is for

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New South Wales News 

Aspen buys Newcastle build-to-rent block

May 21, 2020May 21, 2020 Marc Pallisco

Aspen Group has purchased another site as a build-to-rent investment following a liquidator sale, this time in Newcastle. The residential

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News Victoria 

MAB unveils 19-storey Tempo Box Hill

May 21, 2020May 28, 2020 Marc Pallisco

MAB Corporation has earmarked a 19-storey apartment complex, Tempo, beside Box Hill’s first skyscraper – a commercial building leased to

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News Western Australia 

Halls Head Shopping Centre sells to Victorian investor for $6.3m

May 21, 2020May 21, 2020 Marc Pallisco

A Victorian investor has spent $6.3 million on a retail asset in coastal Halls Head, near Mandurah. CBRE Retail Investments

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New South Wales News 

Sydney strata office fetches $12m

May 20, 2020May 21, 2020 Marc Pallisco

A full-floor strata office in Sydney’s historic Company Director House has sold for $12 million – almost triple the price

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News Queensland 

GemLife pays Sunland $29.7m for piece of Gold Coast housing estate

June 8, 2020June 8, 2020 Marc Pallisco

Over 50s community developer GemLife is paying $29.7 million for a 46.4 hectare piece of Gold Coast housing estate, The

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News Victoria 

Pace applies for 12-levels in Fitzroy

May 20, 2020May 20, 2020 Marc Pallisco

Pace Development Group has applied to demolish a row of Fitzroy warehouses, including the former Mark Tuckey furniture store, and

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