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News Victoria 

Vaughan Constructions turns first sod at Luv-a-Duck’s $20 million Ballarat poultry plant

February 28, 2020February 29, 2020 Marc Pallisco

Vaughan Constructions this week turned the first sod, marking the start of construction, at the Ballarat site making way for

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News Victoria 

South Melbourne office developed by Andor Schwartz for sale

February 28, 2020September 19, 2020 Marc Pallisco

A South Melbourne office developed in the 1980s by Andor Schwartz – the esteemed late father of current generation Melbourne

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News Victoria 

Investors outlay $15.5 million on Victorian childcare centres

February 28, 2020February 28, 2020 Marc Pallisco

Investors outlaid $15.5 million to snap up three Victorian childcare centres this month. All were supposed to be auctioned at

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News Victoria 

Cabrini Health signs major Hawthorn East office lease deal

February 27, 2020February 27, 2020 Marc Pallisco

Cabrini Health is paying what is believed to be a record rate per square metre to rent a Hawthorn East

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News Victoria 

Collective Capital collects premium rent from ex-Dennis Family Homes HQ

February 27, 2020February 27, 2020 Marc Pallisco

Collective Capital, which last year picked up the former Dennis Family Homes headquarters in Malvern East as a permit-ready development

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News Victoria 

Berkeley sells up in Sunshine

February 28, 2020February 14, 2021 Marc Pallisco

Berkeley Apparel – which manufactured suits and other formal menswear – is selling a Sunshine warehouse and distribution centre. The

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News Queensland South Australia Victoria 

Kaufland lists nine assets from its Australian development pipeline

February 27, 2020March 1, 2020 Marc Pallisco

A month after making the shock announcement that it wouldn’t open in Australia after four years of planning – German

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A.C.T. New South Wales News Queensland Victoria 

Tranche of 18 service stations net 7-Eleven owners $78.2 million

February 27, 2020February 27, 2020 Marc Pallisco

A portfolio of 18 7-Eleven outlets offered as sale and leaseback investments traded for $78.2 million to separate buyers at

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News Victoria 

ARA Asset Management, QuadReal, buy $328 million East Melbourne office

February 27, 2020March 4, 2020 Marc Pallisco

Singapore’s ARA Asset Management with the backing of Canadian institutional investor, QuadReal Property Group, has acquired East Melbourne’s as-yet-unbuilt Victoria

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News Victoria 

Caydon, TFE Hotels, to open Vibe at Melbourne’s former Fletcher Jones site in April

February 24, 2020February 27, 2020 Marc Pallisco

The historic Melbourne CBD building occupied by Fletcher Jones from 1955 until it went into administration nine years ago is

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News Queensland 

Tilley and Wills enter Brisbane market with $20 million-plus purchase of The Elephant Hotel

February 27, 2020February 27, 2020 Marc Pallisco

Independent pub group Tilley and Wills Hotels has paid more than $20 million for The Elephant Hotel in Brisbane’s inner

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News Victoria 

Japara Healthcare lists permit-ready Highton block

February 21, 2020February 22, 2020 Marc Pallisco

ASX listed Japara Healthcare has listed a Geelong development site after obtaining a controversial permit. The aged care accommodation provider

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News Victoria 

Quintessential Equity banks $14.7 million from Noble Park North industrial investment

February 21, 2020February 21, 2020 Marc Pallisco

Quintessential Equity has sold a 2.4 hectare industrial investment in Melbourne’s Noble Park North for $14.7 million. The commercial investor

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News Victoria 

Pace Development Group offers retail slice of Abbotsford’s St Crispin House

February 21, 2020February 21, 2020 Marc Pallisco

Pace Development Group is selling a strata-titled retail investment forming part of its St Crispin’s House apartment project, in Melbourne’s

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News Victoria 

Council offers landmark former Geelong Post Office for sale or lease

February 21, 2020February 21, 2020 Marc Pallisco

The former Geelong Post Office is being sold by the local council – but only after it approves what a

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News Victoria 

Stonemason pays $5.6 million for Adaptalift Group’s former Truganina warehouse

February 21, 2020February 21, 2020 Marc Pallisco

A Truganina industrial investment developed in 2010 by Vaughan for Hyster, which was last year bought by Adaptalift Group, has

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News Victoria 

Tupperware tests market again with listing of Ferntree Gully HQ

February 21, 2020February 21, 2020 Marc Pallisco

Tupperware Brands has listed its 60 year old Ferntree Gully headquarters, two years after it last did. The US based

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News Victoria 

Boronia aged care investment sold off-market on c5pc yield

February 21, 2020February 21, 2020 Marc Pallisco

A Singaporean investor has paid $11.3 million for a 70 bed aged care facility in Melbourne’s outer east. The Boronia

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News Victoria 

Shannon Bennett’s ex-Benny Burger restaurant for lease

February 21, 2020February 21, 2020 Marc Pallisco

The Richmond terrace occupied since 2017 by celebrity chef Shannon Bennett’s Benny Burger is for lease. The restaurant chain went

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News Victoria 

Nick Theodossi buys Doncaster BMW freehold for $50 million – without agent

February 19, 2020February 21, 2020 Marc Pallisco

EXCLUSIVE Luxury car dealer Nick Theodossi is paying about $50 million for a Doncaster investment with significant long-term development upside.

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News Victoria 

LOGOS secures efm to Altona

February 20, 2020March 3, 2021 Marc Pallisco

LOGOS Group has found an occupier for a 23,322 square metre facility it built speculatively. efm Logistics Services will move

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National News 

ISHKA placed into voluntary administration

February 19, 2020February 20, 2020 Marc Pallisco

Homewares retailer ISHKA was placed into voluntary administration today. Established in Melbourne’s Glen Iris 49 years ago – the family

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News 

Jeff Bezos buys David Geffen’s Beverly Hills estate for LA record price of US$165 million

February 14, 2020February 14, 2020 Marc Pallisco

Two months since Lachlan and Sarah Murdoch paid a record US$150 million for a Los Angeles home, Amazon founder Jeff

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News Victoria 

Hub Australia leases fourth Melbourne premises at Dexus’ Ball and Welch

February 13, 2020February 13, 2020 Marc Pallisco

Hub Australia has leased its fourth Melbourne premises and eighth nationally. The co-work office provider has committed to space on

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New South Wales News 

Alex Perry to shut flagship Sydney store

February 13, 2020February 13, 2020 Marc Pallisco

Designer and reality TV personality Alex Perry will close his fashion brand’s only Australian store next month. Mr Perry blamed

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News 

Goodman, CPP, boost North America logistics commitment to US$5.5 billion

February 13, 2020February 14, 2020 Marc Pallisco

Goodman Group and Canada Pension Plan Investment Board (CPP Investments) overnight committed equity of US$2.5 billion to its Goodman North

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New South Wales News 

Best & Less Leichhardt HQ for sale with leaseback

February 13, 2020February 14, 2020 Marc Pallisco

Value Retail Group is selling the headquarters of its Best & Less discount fashion chain. In Leichhardt, five kilometres west

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New South Wales News 

Fridcorp buys balance of Hurstville project

February 13, 2020February 11, 2021 Marc Pallisco

Melbourne developer Fridcorp has snapped up the 50 per cent stake it didn’t hold at a $700 million mixed-use project

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News Victoria 

Strata owners band, list Abbotsford office with rooftop Skipping Girl sign

February 13, 2020February 13, 2020 Marc Pallisco

The four storey strata titled Abbotsford office upon which the iconic Skipping Girl neon sign was built in 1970 is

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News Western Australia 

Charter Hall Retail REIT sells Carnavon Central for $16.1 million

February 13, 2020February 13, 2020 Marc Pallisco

Charter Hall Retail REIT has sold a shopping centre in the Western Australia top end town of Carnavon. The $16.1

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New South Wales News Queensland Victoria 

Aldi to sell $700 million worth of Australian east coast distribution centres

February 13, 2020June 4, 2020 Marc Pallisco

Postscript: this portfolio sold in June, 2020, for $648 million to Allianz Real Estate groups and Charter Hall Group’s Charter

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News Victoria 

NASDAQ listed LeMaitre Vascular sells local HQ near new Arden train station

February 13, 2020February 14, 2020 Marc Pallisco

NASDAQ listed LeMaitre Vascular – which manufactures artificial veins, a patented technology – has sold its Australian sales centre near

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News Victoria 

Toorak ‘ghost mansion’ asking $80m

February 11, 2020July 15, 2022 Marc Pallisco

An unfinished mansion on Toorak’s exclusive St Georges Road is quietly being marketed at $80 million – a price which

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News Victoria 

Mazda Australia pre-commits to Frasers Property Industrial’s 4Ten Epping business park

February 11, 2020February 11, 2020 Marc Pallisco

Frasers Property Industrial has signed up Mazda Australia to be the first occupier at its 4Ten Epping industrial estate, in

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News Victoria 

Virtus Property Group pays Reece Australia $17.9 million for Clayton industrial investment

February 11, 2020February 11, 2020 Marc Pallisco

Virtus Property Group is paying $17.9 million for an industrial investment in Melbourne’s south east Clayton. The soon to be

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New South Wales News Victoria 

GPT Group spends $192.7 million on four Australian east coast industrial properties

February 11, 2020 Marc Pallisco

GPT Group has spent $192.7 million on four Australian east coast industrial properties – three of them development sites. The

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News Victoria 

Stomping Ground chooses Melbourne for Australia’s first airport brewery

February 8, 2020February 8, 2020 Marc Pallisco

Stomping Ground has opened Australia’s first airport brewery – and the fourth in the world – at Melbourne. The Collingwood

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New South Wales News 

Mirvac pays $249m for Nine studio, tower

February 7, 2020February 14, 2021 Marc Pallisco

Mirvac is acquiring Nine Entertainment Limited 2.9 hectare Willoughby site as a development play. The holding was offered last April

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News Victoria 

Ruyi Australia Group lists historic Larundel in Cargerie

February 7, 2020February 8, 2020 Marc Pallisco

Ruyi Australia Group, the local arm of Chinese textile giant Ruyi Group, has listed Western Victorian country estate Larundel, south

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News Victoria 

Peter Hart buying Collingwood’s outgoing Club 80 site

February 7, 2020February 17, 2021 Marc Pallisco

EXCLUSIVE Private investor Peter Hart – renowned in Melbourne property circles for proposing major skyscrapers on small plots – is

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N.T. News 

Langenhoven family pays $70 million from NT cattle stations Tanumbirini and Forrest Hill

February 7, 2020February 8, 2020 Marc Pallisco

The South Africa based Langenhoven family has agreed to pay UK headquartered Thames Pastoral Company $70 million for two major

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News Victoria 

Grollo family banks $3.2m from Woolamai House

February 7, 2020January 31, 2021 Marc Pallisco

The Grollo family has sold Phillip Island’s historic Woolamai House for $3.2 million. On 1.76 hectares with 140 metres of

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News Victoria 

The Salvation Army lists Geelong Conference Centre

February 6, 2020February 8, 2020 Marc Pallisco

The Salvation Army has listed the Geelong Conference Centre for sale with vacant possession. The modern facility, purpose built in

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News Victoria 

ICD Property, Supalai, list Gen Fyansford town centre blocks

February 7, 2020February 7, 2020 Marc Pallisco

ICD Property and Thailand’s Supalai Public Company are selling the town centre component of their master-planned Gen Fyansford housing estate,

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News Western Australia 

Dorado Property buys Compass Group’s Perth HQ for $24.25 million

February 6, 2020February 6, 2020 Marc Pallisco

Dorado Property has paid $24.25 million for a modern office at the northern tip of the Perth CBD. The four-storey

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A.C.T. New South Wales News Queensland South Australia Victoria Western Australia 

PCA OMR shows tight vacancy in Sydney, Melbourne

February 6, 2020February 4, 2021 Marc Pallisco

The Property Council of Australia released its twice annual Office Market Report today. The national stock comparison showed vacancy in

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News Western Australia 

Australasian Property Investments pays $20 million for landmark Henderson industrial site

February 5, 2020February 5, 2020 Marc Pallisco

An institutional grade industrial investment in Perth’s south has sold for $20 million. The state of the art complex on

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News Victoria 

Tomasetti House for sale again

February 4, 2020April 27, 2021 Marc Pallisco

Postscript: in April, 2021, this building sold for a speculated price of just over $40m, to Justin Hemmes‘ Merivale. Read

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News Victoria 

CEVA Logistics commits to last piece of FPI’s West Park Industrial Estate in Truganina

February 4, 2020December 27, 2020 Marc Pallisco

Frasers Property Industrial has found a tenant to occupy the last piece of land at its 310 hectare West Park

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News Victoria 

Macau investor snaps up Moorabbin showroom for $21.8 million

February 4, 2020February 4, 2020 Marc Pallisco

EXCLUSIVE Freedom Group Limited, controlled by Greenlit Brands, has sold a high profile large-format Moorabbin retail asset for $21.8 million.

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News Queensland 

Trilogy Funds Management pays $12.05 million for Carrara industrial investment

February 4, 2020February 4, 2020 Marc Pallisco

Trilogy Funds Management is paying $12.05 million for a Gold Coast industrial investment. Fully leased to CPG Resources – Mineral

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News Victoria 

Steller receivers sell Parkdale hospital to tenant for $10.2 million

January 31, 2020February 4, 2020 Marc Pallisco

EXCLUSIVE In an unusual deal, Calvary Health Care Bethlehem has snapped up a Parkdale hospital it only recently agreed to

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News Victoria 

Former Carlton hotel sells for $6.8 million as development play

January 31, 2020February 2, 2020 Marc Pallisco

Interests associated with burgeoning builder Ausgroup Property and Development have paid $6.8 million for a corner hotel turned mixed use

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News Victoria 

Historic Parkville Post Office and postmaster’s residence for sale

January 31, 2020March 13, 2020 Marc Pallisco

The distinctive Parkville Post Office and adjoining five bedroom postmaster’s residence, in Melbourne’s inner north, is for sale. Still occupied

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News Victoria 

New York’s KKR on track to pick up St Kilda’s ‘Espy’

January 31, 2020February 1, 2020 Marc Pallisco

St Kilda’s Hotel Esplanade could soon be controlled by KKR, a New York private investment behemoth. KKR backed Australian Venue

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News Victoria 

Yarralinda Primary School sells outgoing Mooroolbark campus for $4.1 million

February 7, 2020February 7, 2020 Marc Pallisco

Yarralinda Primary School and Early Learning Centre has sold its outgoing Mooroolbark campus for $4.07 million With sale proceeds the

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News Victoria 

Pellicano sells Ravenhall industrial investment for $17 million

January 30, 2020January 30, 2020 Marc Pallisco

EXCLUSIVE The Pellicano family has sold a large, modern and fully leased Ravenhall factory, off-market, for $17 million. The deal

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News Victoria 

St Kilda nightclub site sold off-market for $7 million

January 30, 2020January 31, 2020 Marc Pallisco

The St Kilda building which accommodated nightclub Area 61 has sold off-market. The $7 million deal for the double-storey and

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News Queensland 

Nick Andrianakos spends $85.2 million on inner Brisbane office

January 31, 2020February 1, 2020 Marc Pallisco

Melbourne based property investor and service station owner Nick Andrianakos has paid $85.2 million for a campus style office in

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News Victoria 

Rosebud caravan park sells to townhouse developer

January 30, 2020February 5, 2021 Marc Pallisco

Piermont Group has paid $6.4 million for the former Carrington Caravan Park at Rosebud. The 110 Elizabeth Drive property is

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News Victoria 

Stockland pays $15m for Brunswick timber yard

January 29, 2020February 10, 2021 Marc Pallisco

EXCLUSIVE Stockland is paying $15 million for a 4010 square metre former industrial site in Melbourne’s inner north Brunswick. The

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New South Wales News 

Harrington picks up Greenacre Shopping Centre from ISPT for $26.5 million

January 31, 2020January 31, 2020 Marc Pallisco

ISPT has sold a neighbourhood retail investment in Sydney’s south west for $26.5 million. The Greenacre Shopping Centre, which the

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News Victoria 

Brendan Sullivan spends $5.85 million on Vermont industrial units

January 29, 2020January 30, 2020 Marc Pallisco

Private Melbourne investor Brendan Sullivan is continuing to reweight his property portfolio, paying $5.85 million for five strata titled industrial

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News Victoria 

JB Hi Fi, Brandlink, lease speculatively built warehouse at Stockland’s KeyWest Distribution Centre

January 31, 2020March 11, 2020 Marc Pallisco

Stockland has secured two high profile businesses to tenant a $44 million speculatively built facility at its KeyWest Distribution Centre

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New South Wales News 

Coles sells West Ryde CBD supermarket with a leaseback for $23.85 million

January 29, 2020January 29, 2020 Marc Pallisco

Coles Group Property Developments has sold another supermarket with a leaseback, this time in Sydney’s West Ryde CBD. A Victorian

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News Queensland 

Perth investors pay $9.5m for Bundall office

January 29, 2020February 18, 2021 Marc Pallisco

Perth investors have paid $9.5 million for a 20 year old Gold Coast office. The five-storey building, 128 Bundall Road,

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New South Wales News 

Owner occupier outbids developers, renovators, for Alexandria office

January 30, 2020January 30, 2020 Marc Pallisco

An owner occupier is paying nearly $7 million for a vacant three-storey office warehouse in Sydney’s inner south Alexandria. The

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News Western Australia 

Malaga industrial investment sells to local fund manager for $7 million

January 29, 2020January 29, 2020 Marc Pallisco

A Perth fund manager has spent $7 million on an industrial investment in that city’s north. The Malaga site at

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News Victoria 

Riverlee pays $7.9 million for Cheltenham site, launches Belrose business park

January 29, 2020January 29, 2020 Marc Pallisco

Riverlee is intending to construct a business park on a 1.15 hectare building block it has just bought in bayside

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News Queensland 

MRL Investments pays $15 million for St Lucia Marketplace

January 24, 2020January 25, 2020 Marc Pallisco

MRL Investments has paid $15 million for its first retail investment – the St Lucia Marketplace, in Brisbane’s inner south

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A.C.T. New South Wales News Queensland Victoria 

Withers family offers 18 more 7-Eleven service station investments

January 23, 2020January 25, 2020 Marc Pallisco

EXCLUSIVE The Withers family – which controls Australia’s 7-Eleven franchise – is offering another tranche of service stations via a

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National News 

Kaufland withdraws from Australia after creating development pipeline

January 22, 2020January 29, 2020 Marc Pallisco

It was hoping to hit the ground running – taking on Aldi, Coles and Woolworths – but Kaufland in Australia

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News Victoria 

Bunnings trades four month old Clyde North outlet for $42.3m

January 20, 2020May 15, 2022 Marc Pallisco

EXCLUSIVE Bunnings has found a buyer for a four month old outlet in Melbourne’s outer south east. The hardware retailer

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News Victoria 

Peet paying $25 million for Keysborough farm

January 17, 2020January 25, 2020 Marc Pallisco

EXCLUSIVE ASX listed developer Peet Limited is paying $25 million for a 4.05 hectare farm in Keysborough, about 25 kilometres

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News Victoria 

Bourke Street retail asset selling for $22.5 million

January 17, 2020January 25, 2020 Marc Pallisco

EXCLUSIVE A double fronted two storey terrace within cooee of Bourke Street Mall is selling for $22.5 million. The deal

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New South Wales News 

Ascot Capital picks up Port Macquarie office from Sentinel for $37.9 million

January 18, 2020January 18, 2020 Marc Pallisco

Ascot Capital is paying $37.9 million for a Port Macquarie office with a long lease to Essential Energy. The asset,

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News Western Australia 

Primewest settles on $33.1 million West Perth office

January 17, 2020January 17, 2020 Marc Pallisco

Primewest has settled on the $33.1 million purchase of a six storey West Perth office (pictured top and below). Vendor

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News Victoria 

Menzies Institute of Technology sells former Carron Tavern for $5.71 million

January 17, 2020January 17, 2020 Marc Pallisco

Menzies Institute of Technology has sold West Melbourne’s former Carron Tavern. On a 458 square metre block at 396-400 Spencer

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News Queensland 

China backed developer pays $26 million for Brisbane’s former Bradken foundry

January 17, 2020January 17, 2020 Marc Pallisco

Four months after ceasing operations on the site, global engineering business Bradken has sold a Runcorn foundry, in south Brisbane,

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News Victoria 

Glen Waverley shop with development upside trades for $7.35 million

January 17, 2020January 17, 2020 Marc Pallisco

A triple fronted shop in Glen Waverley’s retail centre (pictured top and right) sold for $7.35 million last month. The

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