Sydney developer buys Byron Bay backpackers
Podia has snapped up a development site in Bryon Bay’s main retail strip with plans for a mixed-use project. The
Read more
Beat founder develops seven level office
Beat founder Rob Furst has replaced the magazine’s long-time Cremorne headquarters with a seven level office – and is now
Read more
Ringwood site opposite Costco sells
The former Jooce nightclub – now a Rivers store and Genesis gym – has sold to an offshore developer for
Read more
Hiap Hoe secures government to Stirling St
The Department of Communities has leased the bulk of a contemporary Perth office owned by Singapore listed Hiap Hoe. The
Read more
Banks trade Richmond corner
National Australia Bank has leased a prominent Richmond building occupied five years ago by ANZ. In the gap, Caydon rented
Read more
Primewest buys Maroochydore office
EXCLUSIVE Primewest has picked up a fourth investment for a new fund. Foundation Place is the first office in Maroochydore’s
Read more
Hockingstuart to open outside Victoria
Hockingstuart will open its first agency outside of Victoria – at Nowra. The move comes two years after the broker
Read more
Bridport banks $8.2m from childcare centre
Bridport Property Group has sold another new childcare centre – this time in Ringwood East. The 117-place complex at 30-32
Read more
Mirvac fills Snack Brands warehouse
Mirvac has filled the Smithfield warehouse vacated last month by Snack Brands Australia. Tyres 4 U has committed to 39
Read more
Malls to become motor shows, service centres
AMP Capital and Eagers Automotive have signed an Australian first agreement which will see car showrooms and service centres replace
Read more
Lancemore buys Macedon Ranges winery
Lancemore Group has returned to where its hospitality business began 35 years ago – with the Freehold Going Concern purchase
Read more
H&M to shrink Australian footprint
H&M is preparing to shrink its Australian retail footprint. Two stores are on the line according to reports: Rockhampton and
Read more
Ouson sells Clayton land with nine level permit
Ouson Group has sold a Clayton site permit-ready for a nine-storey building. The developer is banking $11.2 million from 99-121
Read more
Lendlease replaces CEO
Lendlease chief executive Steve McCann will retire in June. Asia CEO Tony Lombardo (pictured, top) will replace him. Colleagues Kylie
Read more
Beck, Fox unveil Essendon office
Max Beck and Lindsay Fox will develop another Essendon Fields office. The seven level, 7500 square metre investment at 9
Read more
Brookfield sells another Chevron HQ stake
Brookfield has sold a quarter of a 29-level office under construction in Perth. The deal with Singapore sovereign wealth fund
Read more
HomeCo sells Bathurst investment
HomeCo REIT is understood to have sold a Bathurst bulky goods retail investment for $16.95 million. The value is $50,000
Read more
JDA buys out Sydney hotel
The General Gordon Hotel, which is nearly rebuilt after being part destroyed by fire in 2018, has traded between owners.
Read more
Melbourne office occupancy lags nation
The number of Melbourne CBD office workers has doubled since late last year but lags the country in relative terms.
Read more
Prominent ex-McEwans for sale
A high-profile Melbourne showroom beside the Metropolitan Ring Road at Thomastown is for sale after 37 years. The ex-McEwans at
Read more
Shannon Bennett, Madeleine West lists Toorak mansion
Chef Shannon Bennett and actress Madeleine West are selling a four-storey Toorak home after separating. The two can expect $21-$23
Read more
Developer buys Brisbane’s third oldest house
Kangaroo Point’s Shafston House, believed to be Brisbane’s third oldest standing home, has sold to developer Burgundy Property. On a
Read more
Hardware chain coming to troubled strip
Mitre Ten is coming to South Yarra’s Chapel Street. A franchisee of the Metcash brand has signed a five year
Read more
RACV Club office for sale with high rise permit
The former RACV Club office is for sale as a permit-ready development site. Rising 10-levels, 422 Little Collins Street, in
Read more
Tabcorp collects $9.6m from redundant warehouse
Tabcorp has banked $9.6 million from a former gaming warehouse in Dandenong South. The ASX-listed entertainment group paid $6m for
Read more
Skyscraper signalled for radio station
Charter Hall with Canada’s QuadReal is paying a speculated $65 million for the Brisbane CBD property which housed radio stations
Read more
Work-from-home model cracks becoming clearer: Colliers
As the pandemic has unfolded, so much has been written that the office is now superfluous to needs. We can
Read more
Office vacancy up in all capitals except Canberra: PCA
The Property Council of Australia’s twice-annual Office Market Report shows vacancy rose in every capital except Canberra – where it
Read more
Ascot expands in Brisbane with $27.7m office
Ascot Capital has purchased another Brisbane office investment, this time in east Murarrie. The 48 Miller Street headquarters of electric
Read more
Melbourne Star Observation Wheel sold
Japanese builder Sanoyas Holdings Corporation has sold the Melbourne Star Observation Wheel after eight years. Swiss Ferris wheel designer and
Read more
Government sells health precinct site
DevelopmentWA has sold Hesperia and Birchmead Property a building block beside Murdoch’s Fiona Stanley Hospital. The 3438 square metre parcel,
Read more
DHL commits to $83m west Sydney warehouse
ESR Australia has committed DHL Supply Chain to a temperature-controlled distribution centre for pharmaceutical products. The 36,000 square metre facility
Read more
Neil Perry chooses Sydney’s east for new venture
Six months since retiring from Rockpool Dining Group, Neil Perry will resurface, in Sydney’s Double Bay. The restaurateur has signed
Read more
Beacon buys outlet from landlord
Mair Property Funds has sold a Beckenham bulky goods investment leased to Forty Winks and Beacon Lighting, to the latter.
Read more
Mirvac $1b Northbank project approved
Mirvac will replace the former Melbourne Convention Centre with offices, shops and a 32-storey Build to Rent complex. The $1
Read more
Dexus fills another piece of Freeman Central
Dexus has filled another piece of a landmark Richlands shed it has just built speculatively. In the latest and biggest
Read more
Bunnings HQ for lease, Brunswick outlet sold
Bunnings has listed two outgoing Hawthorn East offices for lease with two more to come. The campaigns include the group’s
Read more
Schneider rents new distribution centre
Schneider Electric Australia will relocate its local distribution centre within Dandenong South. The multi-product manufacturer has rented 9813 square metres
Read more
Makris sells two Adelaide shopping centres
Makris Group, founded by veteran developer and investor Con Makris, has sold two prominent Adelaide retail assets. In the biggest
Read more
Goodman sells new Macquarie Park office
Goodman Group has sold a Macquarie Park office which reached practical completion late last year. The $144 million deal for
Read more
Erdigroup seeks ministerial approval for St Kilda hotel
Erdigroup is seeking approval via the Building Recovery Taskforce to extend Rydges St Kilda – which will then be rebranded
Read more
Architects called for landmark Arts Precinct site
Development Victoria has launched a design competition for NGV Contemporary – set to replace the former Carlton & United Breweries
Read more
Developers, publican to replace Isle of Wight site
Developers Moda and Salta Capital, with pub baron Mazen Tabet – who owns the Portsea Hotel freehold – will replace
Read more
CEA consolidates at ex-Boral brickworks
Construction Equipment Australia has pre-committed to a multi-use facility at a business park replacing Darra’s Boral brickworks. The capital equipment
Read more
Bionics Institute sells HQ to high-profile neighbour
The Bionics Institute of Australia has sold its East Melbourne headquarters after close to 30 years. The buyer, the Catholic
Read more
Gurner proposes luxury hotel, brand
Gurner is planning a luxury hotel and to launch a new brand at the site of St Kilda’s Cushion Lounge.
Read more
Goldfields buys Ballarat farm
Goldfields Group has purchased a Ballarat farm for a housing estate. The Smythes Creek site, 132 Cherry Flat Road, spreads
Read more
Sarawak Kitchen freehold sells at 3pc yield
A retail investment at the top of town – surrounded by 10,000 dwellings – sold this month for $5.2 million.
Read more
‘Meticulously restored’ Glen Iris home sold for townhouses
Two neighbouring Glen Iris homes have sold to a townhouse developer. Covering 1815 square metres, 1795-1797 Malvern Road traded for
Read more
Stockland proposes North Sydney’s tallest office
Stockland has applied to build a 53-level office – North Sydney’s tallest – on three Walker Street sites. The proposal
Read more
Centuria seeds fund with $62.5m spree
Centuria Capital Group has spent $62.5 million on three warehouse investments to seed an unlisted fixed-term fund. Two of the
Read more
Troon, MaxCap bank $40m-plus from two investments
Troon Group and joint venture partner MaxCap have sold two Victorian commercial investments. In the priciest deal, an office in
Read more
Federal government signs landmark Adelaide office pre-commitment
Services Australia – known until 2019 as the Department of Human Services – has signed one of Adelaide’s biggest office
Read more
Doctor sells Collins Street shop with a leaseback
Smile Solutions founder Kianoush Pajouhesh has sold a Collins Street retail asset with a leaseback. Shop three, which occupies a
Read more
Centuria buys two more Derrimut warehouses
Centuria Industrial REIT (CIP) has outlaid $37.25 million on two Derrimut warehouse investments. The value reflects a blended initial yield
Read more
Agency sells ex-branch to developer
A heritage protected home opposite a Perth Hills Visitor Centre, in Armadale, has sold to a developer planning a childcare
Read more
Government approves $1b-plus west Sydney industrial park
NSW planning and public spaces minister Rob Stokes has approved the first stage of a $1 billion-plus Orchard Hills industrial
Read more
QIC sells Gold Coast town centre site
Queensland Investment Corporation has sold the balance of the Coomera Town Centre site to a partnership comprising Keylin Group and
Read more
Coles lists Woodend supermarket
Coles Group could be set for a $30 million-plus payday divesting a near new Woodend supermarket. The freestanding 3780 square
Read more
Fife Capital buys Midtown Sydney buildings from publican
Publican Kim Maloney has sold two Sydney CBD offices to asset manager Fife Capital. The deal, speculated to be worth
Read more
Ropes Crossing shopping centre sold to Singapore group
Three months after winning permission to construct six storey apartment buildings at shopping centre Ropes Crossing Village – Ganellen has
Read more
Lort Smith builds at Campbellfield, North Melbourne
Animal welfare group Lort Smith is building a veterinary centre and adoption hub on a major industrial site it quietly
Read more
Gough Whitlam’s former Cabramatta home for sale
Postscript: A consortium comprising former NSW premier Barrie Unsworth, NSW Labor president Mark Lennon, Unions NSW secretary Mark Morey and
Read more
Sunland sells townhouse, apartment blocks
Sunland has sold a Carrum Downs townhouse site. The vendor paid $13 million in 2018, immediately proposing a c$100m, 185
Read more
Magic Car Wash founder sells two investments
Magic Car Wash founder Claude Roda has sold two investments with a leaseback. In the priciest deal, 1021 Burwood Highway,
Read more
New chapter for distinctive Balaclava bank
One of Balaclava’s most distinctive commercial buildings has been leased to restaurant operator Commune Group. The art deco former Commonwealth
Read more
ALH buys NSW tourist town hotel
Woolworths backed Australian Leisure & Hospitality Group has purchased Eden’s Great Southern Inn and neighbouring commercial investments. The c1857 building
Read more
Landlord sells Newtown pub to tenant
Two years after renting Justin Small the Botany View Hotel at Newtown, Paddy Coughlan has sold him it. The deal
Read more
Upper North Shore light shop with development upside collects $6.6m
A commercial investment with development upside in leafy Killara has collected $6.6 million. Recognised by its anchor tenant, Beacon Lighting,
Read more
Colliers appoints new Australian CEO
Colliers International has appointed Malcom Tyson as Australian chief executive officer. The agent will replace John Kenny who was last
Read more
Dexus secures bedding group to new industrial park
Dexus has secured Bart Group’s James Lane & Sleeping Giant to rent a distribution centre at its Freeman Central industrial
Read more
Laing+Simmons sold
Nine years after buying boutique New South Wales real estate agency Laing+Simmons, Dexar Group has sold it to a partnership
Read more
Cube, MPG trade hinterland suburb investment
MPG Funds Management is paying $6 million for a Nambour retail investment passed by nearly 20,000 cars a day. One
Read more
Investa, Manulife spend c$800m on Sydney CBD office
Macquarie Group Limited has sold an undeveloped Sydney office to a 50:50 venture comprising Investa Commercial Property Fund and Manulife.
Read more
Five Guys announces first Australian store
Five Guys has chosen Penrith for it first Australian restaurant. The US hamburger chain, which held Shaquille O’Neal as franchisee,
Read more
Dandenong South warehouses collect $15.5m
An investment in Dandenong South – considered Melbourne’s most exclusive industrial region outside of the inner-city to rent or buy
Read more
Landream reweights Melbourne CBD portfolio
Landream has purchased a permit-ready development site near the Queen Victoria Market and top tip of Melbourne’s CBD. The deal
Read more
Central Tablelands 7-Eleven, Zambrero earns $10m for developer
Isaac Property has sold a Lithgow service station and neighbouring church converted restaurant – both leased to national retailers –
Read more
W Property snaps up Old Fitzroy Hotel
The Pasfield family has sold Woolloomooloo’s Old Fitzroy Hotel after 20 years. The purchaser is W Property, directed by Michael
Read more
Corrs Chambers Westgarth commits to Sydney CBD office
Corrs Chambers Westgarth has signed a 15 year rental agreement for nearly 10,000 square metres at Quay Quarter Tower, under
Read more