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News Victoria 

Interstate investor acquires Tecoma childcare asset

January 21, 2021January 21, 2021 Marc Pallisco

A renovated childcare centre in Tecoma, on the foothills of Melbourne’s Dandenongs Ranges, has sold for $4.4 million to an

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New South Wales News 

Redcape buys Emu Plains hotel

January 19, 2021January 20, 2021 Marc Pallisco

ASX listed Redcape Hotel Group has purchased another western Sydney venue, this time at Emu Plains. The O’Donoghues Hotel at

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National News 

The Agency ‘purported administration’ ended by federal court

January 20, 2021January 20, 2021 Marc Pallisco

A “purported administration” entered into by The Agency’s biggest shareholder yesterday will end on February 1 following federal court orders.

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News South Australia 

Quintessential sells Port Adelaide industrial investment

January 20, 2021January 20, 2021 Marc Pallisco

Quintessential Equity has sold a Port Adelaide industrial investment to Auckland syndicate Silverfin Capital. The $17.6 million deal reflects a

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News Spotlight Victoria 

Melbourne median house price approaches $1m

January 18, 2021February 9, 2021 Marc Pallisco

The median price for a Melbourne house reached a record high $941,000 last month – a surge of 9.5 per

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New South Wales News 

Hospitality stalwart sells Alexandria hotel

January 19, 2021January 19, 2021 Marc Pallisco

Adella Wright-Young has sold Alexandria’s Camelia Grove Hotel after 38 years. The three level venue was reported to have traded

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N.T. News 

Former Bunnings Palmerston sold, set for retrofit

January 20, 2021January 20, 2021 Marc Pallisco

Another ex-Bunnings has sold to a developer intending to retrofit it as an industrial estate. Two Palmerston Circuit, Palmerston, 20

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A.C.T. News 

Local family buys National Farmers Federation HQ

January 18, 2021January 18, 2021 Marc Pallisco

Canberra business owners and property investors the Cataldo family has paid $7.71 million for an office in the city’s parliamentary

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News Victoria 

Big Mouth shuts after 27 years, building re-rents

January 18, 2021January 19, 2021 Marc Pallisco

Big Mouth has shut after 27 years and the Acland Street property it occupied has been re-rented. In a deal

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National News 

The Agency enters administration

January 19, 2021January 20, 2021 Marc Pallisco

Postscript: The federal court has reversed this decision. Read our story here. The Agency has been placed into voluntary administration

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New South Wales News 

Surry Hills blocks collect $33m from developer

January 19, 2021January 19, 2021 Marc Pallisco

Two neighbouring low-rise Surry Hills commercial buildings, leased to amongst others, a backpackers and takeaway restaurants, have sold to a

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News Victoria 

Docklands’ Cow up a Tree site to be replaced

January 16, 2021January 16, 2021 Marc Pallisco

Development Victoria is calling on the private sector to help replace a key Docklands site opposite Marvel Stadium with a

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News Victoria 

Suburban Melbourne office snapped up for wellness centre

January 18, 2021July 3, 2021 Marc Pallisco

Spiritgrow Josef Kryss Centre will build a meditation space and community hall on the site of a Caulfield North office

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New South Wales News 

Neighbouring Wetherill Park warehouses trade for $8.75m

January 19, 2021January 19, 2021 Marc Pallisco

An occupier is paying $8.75 million-ex GST for neighbouring Wetherill Park warehouses. Spreading over 8300 square metres, 4 and 5

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News Victoria 

Melbourne Water lists infill housing site

January 15, 2021January 15, 2021 Marc Pallisco

Melbourne Water is selling South Morang land 300 metres from the near-new Middle Gorge train station. The 2.8 hectare irregular

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New South Wales News 

Charity sells conference centre, retreat to private school for $12.4m

January 16, 2021January 16, 2021 Marc Pallisco

Wesley Mission has settled on the sale of an adventure retreat and conference centre an hour drive north of Sydney

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News Victoria 

Construction begins of Melbourne film studio with landmark stage

January 17, 2021January 17, 2021 Marc Pallisco

Construction of one of the southern hemisphere’s biggest film stages – spreading 3700 square metres – has begun, at Docklands.

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News Victoria 

Lifestyle spends $15m on west Melbourne land

January 14, 2021January 15, 2021 Marc Pallisco

Lifestyle Communities is spending a speculated $15 million on an over-55s village site at Aintree, a near-new west Melbourne suburb.

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News Victoria 

Cedar Woods pays $30m for second Wollert housing block

January 13, 2021February 11, 2021 Marc Pallisco

Cedar Woods is paying $30 million for a 21.7 hectare Wollert farm abutting one almost twice as big picked up

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New South Wales News 

Hannas collects $11.8m from serviced Prestons parcel

January 15, 2021January 15, 2021 Marc Pallisco

Diversified investor Hannas Group has sold a Prestons industrial site for $11.81 million. At 195 Wonga Road, the 1.46 hectare

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News Victoria 

VidaXL chooses Tarneit for 70,000sqm distribution centre

January 13, 2021February 18, 2021 Marc Pallisco

VidaXL has pre-committed to a national distribution centre it will own at Fraser Property Industrial’s newly launched Canvas West, at

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News Victoria 

MPM sells Clayton South office/warehouse to Arrow for $10.4m

January 13, 2021January 13, 2021 Marc Pallisco

Arrow Capital Partners is paying MPM Marketing Services $10.4 million for a Clayton South industrial property with a leaseback. At

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News Victoria 

End of an era as Henry Bucks quits Toorak Village store

January 11, 2021January 11, 2021 Marc Pallisco

Welner Lawyers has leased the Toorak Road store which was for more than 30 years home to Henry Bucks. The

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New South Wales News 

Costco spends $30.5m for showroom to expand Auburn store

January 11, 2021January 14, 2021 Marc Pallisco

Costco is speculated to be paying $30.5m for a showroom next to its Auburn store, which will be extended. Its

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News Western Australia 

George Weston Foods pays $11.5m for Hope Valley industrial site

January 11, 2021January 11, 2021 Marc Pallisco

George Weston Foods has spent $11.5 million ex-GST on an industrial development site at Hope Valley, about 30 kilometres south

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News Queensland 

Real estate veteran Max Christmas dies, 81

January 17, 2021January 18, 2021 Marc Pallisco

Gold Coast real estate veteran Max Christmas AM died unexpectedly last month. The ex-lifesaver and builder, who opened his first

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News South Australia 

Quintessential commits Visy to 44,000 sqm at Gillman industrial park

January 11, 2021January 11, 2021 Marc Pallisco

Quintessential Equity has sealed its biggest industrial lease deal yet – with Visy, at Port Adelaide Distribution Centre. The tenant

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News Victoria 

ID_Land spends c$40m on third Armstrong Creek housing site

January 11, 2021January 12, 2021 Marc Pallisco

ID_Land is paying c$40 million for its third housing estate site at Armstrong Creek, south of Geelong. Comprising 86-100 and

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News Queensland 

Trilogy sells Ipswich office for $25m

January 10, 2021January 10, 2021 Marc Pallisco

Aviator Capital is paying $25 million for an Ipswich commercial property comprising a six level office and the town’s historic

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News Victoria 

IGA coming to Prahran East Village

January 11, 2021January 11, 2021 Marc Pallisco

Spring Capital has leased two adjoining tenancies at Goldfield Group’s recently completed 535 High Street, in Prahran East Village, for

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New South Wales News 

Engadine’s only pub sells to developer for $31.5m

January 11, 2021January 11, 2021 Marc Pallisco

The only pub in Engadine – in Sydney’s south west – has sold for $31.5 million, part permit-ready for an

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News Victoria 

Prime Value pays $17.5m for Hawthorn office

January 8, 2021January 8, 2021 Marc Pallisco

Prime Value has purchased another Melbourne commercial property, this time an office, in Hawthorn. Eleven-23 Burwood Road is costing $17.5m

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New South Wales News 

Aldi banks $21.1m from vacant Auburn store

January 4, 2021January 4, 2021 Marc Pallisco

Aldi has sold a retail complex it used to anchor in Sydney’s west Auburn. The ex-Coles on 3889 sqm at

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News Western Australia 

Singapore investors trade Perth’s ex-Chevron HQ for $67.8m

January 4, 2021January 5, 2021 Marc Pallisco

Stamford Land Corporation has sold Perth’s ex-Dynon’s Plaza to Redhill Partners, which is also Singapore based. The investment contains a

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News Victoria 

Garda secures Fuji Xerox at Botanicca 9

January 4, 2021January 4, 2021 Marc Pallisco

Fuji Xerox Australia has rented a third of an office just completed by Garda Property Group at Burnley’s Botanicca Corporate

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News Queensland 

New Farm office set for refurb after $6.4m sale

January 4, 2021January 11, 2021 Marc Pallisco

A New Farm office and retail investment on the precinct’s biggest block after Merthyr Village Shopping Centre across the road

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New South Wales News 

Surry Hills office leased to Afterpay sells for $12.3m

January 4, 2021January 4, 2021 Marc Pallisco

A Surry Hills office leased to Afterpay has sold for $12.3 million. Johnston’s Buildings at 252-256 Cleveland Street, on the

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News Victoria 

Apartments of Melbourne placed into liquidation

January 4, 2021January 4, 2021 Marc Pallisco

Apartments of Melbourne has been placed into liquidation. The short-stay accommodation provider managed 160 serviced suites within three CBD buildings.

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News Queensland 

City of Gold Coast settles $20.95m deal for Carrara industrial land

January 4, 2021January 4, 2021 Marc Pallisco

City of Gold Coast has settled a $20.95 million deal for two adjoining Carrara sites on which it will build

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New South Wales News 

Bondi Junction site trades for $9m between developers

December 30, 2020December 30, 2020 Marc Pallisco

A Bondi Junction site permit-ready for a five level apartment building until recently being marketed as the Metropolitan, has sold

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News Victoria 

Hyatt Springvale plan shelved after $7m mortgagee site sale

December 26, 2020December 26, 2020 Marc Pallisco

A nine-storey Hyatt Place in Springvale is off the table with the site it was earmarked for selling this week

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News Victoria 

HealthShare Victoria rents Derrimut warehouse from Primewest

December 28, 2020December 28, 2020 Marc Pallisco

HealthShare Victoria – which Jenny Mikakos unveiled three days before resigning as health minister in September – has rented a

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New South Wales News Queensland Victoria Western Australia 

Charter Hall collects $203.75m from 10 car dealerships

December 24, 2020January 3, 2021 Marc Pallisco

Charter Hall has sold 10 car dealerships, winding down two Direct Automotive funds approaching maturity. Nine are trading off-market to

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News Queensland Western Australia 

Primewest wins M/Group management contract for Albany, Hervey Bay malls

December 29, 2020December 29, 2020 Marc Pallisco

Primewest has won an asset management contract for two M/Group shopping centres each side of the country. In Albany, 400

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News Queensland 

Ascendas pays Goodman $70.3m for Crestmead logistics investment

December 24, 2020December 24, 2020 Marc Pallisco

Ascendas Real Estate Investment Trust (Ascendas Reit) is paying Goodman $70.3 million for an unbuilt industrial investment in Crestmead, a

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News Queensland 

QIC offloads Bunnings Robina

December 24, 2020December 24, 2020 Marc Pallisco

QIC – which turns 30 next year – has sold a Bunnings investment in Robina, 10 kilometres south of Surfers

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News Queensland 

GPT sells Woolworths-anchored Stapylton distribution centre for $65.52m

December 24, 2020January 4, 2021 Marc Pallisco

The GPT Group has sold a multi-tenanted Stapylton industrial investment to APN Industria REIT for $65.52 million, reflecting a 5.67

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New South Wales News 

Peak Equities pays $21m for Beaconsfield childcare centre, office

December 24, 2020December 24, 2020 Marc Pallisco

Peak Equities is paying $21 million for a renovated office and childcare investment in Sydney’s inner-south Beaconsfield. Vendor Milligan Group

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News Victoria 

Uniting sells Montmorency ex-church, kindergarten

December 24, 2020December 24, 2020 Marc Pallisco

A community group has outbid developers for a Montmorency ex-church and kindergarten offered by a Uniting trust after 40 years.

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New South Wales News 

Arthur Laundy spends c$35m on Bidwill Hotel

December 28, 2020December 28, 2020 Marc Pallisco

Laundy Hotels is paying a speculated $35 million for the Bidwill Hotel, in Sydney’s west. On a 4300 square metre

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News Victoria 

IKEA sells Campbellfield’s ex-Pipeworks Market

December 22, 2020November 5, 2021 Marc Pallisco

More than 10 years after buying Campbellfield’s ex-Pipeworks Market for a store it never built, IKEA has sold it. The

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News Western Australia 

Greenfields convenience, healthcare investment trades for $16m

December 22, 2020February 18, 2021 Marc Pallisco

A Greenfields essential services backed retail and healthcare investment with the potential to be sold down in parts is trading

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News Queensland 

Quintessential spends $18.5m on Rocklea industrial asset

December 22, 2020January 11, 2021 Marc Pallisco

Quintessential Equity has spent $18.5 million on a seed asset for its second master fund. The industrial property at 117

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News Victoria 

Box Hill South’s former St Leo’s College sells for $61m

December 18, 2020December 22, 2020 Marc Pallisco

EXCLUSIVE Golden Age Group is paying $61 million for Box Hill South’s former St Leo’s College, abutting Gardiners Creek. The

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New South Wales News 

Charter Hall pays $510m for Sydney CBD David Jones

December 22, 2020December 22, 2020 Marc Pallisco

Charter Hall is paying $510 million for Sydney’s David Jones store. Vendor, South Africa’s Woolworths Holdings Limited, confirmed the institution

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News Victoria 

Greystar buys South Melbourne Build to Rent site

December 21, 2020February 8, 2021 Marc Pallisco

Greystar is paying Chip Eng Seng subsidiary CEL Australia $65 million for a South Melbourne site permitted for 722 apartments

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News Queensland 

Oxley warehouse earns $12.1m for Sentinel

December 24, 2020December 24, 2020 Marc Pallisco

Sentinel Property Group has sold an Oxley industrial investment for $12.05 million. It paid $10.4 million for 141 Boundary Road

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News Victoria 

Capital Alliance wins $600m Revitalising Central Dandenong contract

December 19, 2020January 13, 2021 Marc Pallisco

Capital Alliance has won a $600 million state government contract to replace five major Dandenong blocks with commercial and residential

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News Victoria 

Homes which formed entrance to Malvern’s Seeing Eye Dogs HQ fetch $6.85m

December 20, 2020December 20, 2020 Marc Pallisco

Two homes which formed the entrance to Malvern’s former Lady Nell Seeing Eye Dog School and Rehabilitation Centre, have sold

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News Victoria 

Prime Value pays Stockland $89m for four Melbourne retirement villages

December 18, 2020July 19, 2021 Marc Pallisco

Stockland has offloaded four retirement villages to Melbourne’s Prime Value Asset Management which has appointed Centennial Living to operate them.

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News Queensland 

Toowong office earns $25.15m from first-time commercial property investor

December 18, 2020December 18, 2020 Marc Pallisco

An offshore investor with a residential property portfolio – including in Australia at the Gold Coast – has made his

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News Victoria 

Stockland outlays $60m for two unbuilt Truganina logistics investments

December 17, 2020December 21, 2020 Marc Pallisco

Stockland is continuing to push into Melbourne’s western suburb logistics space outlaying $60 million for two unbuilt Truganina warehouses. The

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News Victoria 

Developer pays mortgagee $8.5m for central Box Hill block

December 18, 2020December 18, 2020 Marc Pallisco

Two Box Hill sites formerly owned by international school Canaan, which were listed by Cor Cordis as mortgagee in possession

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News Queensland 

Stockland invests $193m on 700ha Ripley Valley site

December 18, 2020December 19, 2020 Marc Pallisco

Okeland Communities – which is supported by Cotswold Investments, chaired by Gavin Bunnings, whose family established the eponymous hardware chain

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News Victoria 

Time & Place, Woolworths call in Carr for Glen Iris proposal

December 17, 2020December 18, 2020 Marc Pallisco

After spending $30 million on a low-rise office covering 1.1 acres in Glen Iris, Time & Place and Woolworths are

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News Victoria 

Landream sells 600 Collins St to Hines for c$200m

December 16, 2020December 16, 2020 Marc Pallisco

United States development and investment giant Hines is paying a speculated $200 million for a Melbourne CBD site until recently

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News Victoria 

Russell Withers banks $3.6m from ex 7-Eleven South Yarra site

December 17, 2020December 17, 2020 Marc Pallisco

A Punt Road corner site which once accommodated a 7-Eleven has been sold by that group’s ex-chairman, Russell Withers, to

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News Victoria 

Gerald Delany spends $6m on South Melbourne’s historic Emerald Hotel

December 16, 2020December 16, 2020 Marc Pallisco

Kay & Burton chairman Gerald Delany has purchased the historic Emerald Hotel near the top of Albert Park Lake. The

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News Victoria 

North Melbourne orthopaedic investment trades for $5.25m

December 17, 2020December 17, 2020 Marc Pallisco

A healthcare investment near the Royal Children’s Hospital has traded for $5.25 million. The 642 square metre site at 64

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New South Wales News 

WSU realises $80m-plus from Caddens shopping centre, land

December 15, 2020December 16, 2020 Marc Pallisco

Western Sydney University has sold a new Caddens shopping centre and neighbouring tract to Holdmark Property Group for a speculated

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News Victoria 

Victoria Police shares $650m view from southern hemisphere’s highest helipad

December 15, 2020December 16, 2020 Marc Pallisco

Victoria Police has shared images of the view from its helipad – the southern hemisphere’s highest, it added – at

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News Victoria 

Melbourne childcare investments collect $28.5m in three weeks

December 15, 2020December 15, 2020 Marc Pallisco

Five Melbourne childcare centres have sold in the last three weeks – with another, pricier than all of them, expected

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New South Wales News Queensland 

Stockland sells Baulkham Hills centre to Mintus for $141.25m

December 15, 2020December 16, 2020 Marc Pallisco

Stockland has exchanged a couple of major shopping centres. In Sydney, it sold Stockland Baulkham Hills to Mintus for $141.25

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New South Wales News 

Real IS pays record $97m for Surry Hills office

December 16, 2020December 16, 2020 Marc Pallisco

Real I.S. Group is paying $97 million – a Surry Hills record – for its 12th Australian commercial property. Surry

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New South Wales News Tasmania 

RAM spends $100m on three regional hospital investments

December 22, 2020January 11, 2021 Marc Pallisco

Real Asset Management is spending $100 million on three hospital investments for an essential services real estate trust mooted to

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News Victoria 

Operator pays $3m for vandalised petrol station at Sunshine’s edge

December 15, 2020December 15, 2020 Marc Pallisco

A Sydney petrol station operator looking to expand in Melbourne has spent $3 million on a recently vacated facility in

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News Queensland 

Prime sells Molendinar’s Crestwood Plaza for $17.6m

December 14, 2020December 14, 2020 Marc Pallisco

Following failed campaigns in 2018 and last year, Prime Space Projects has sold Crestwood Plaza at Molendinar, eight kilometres west

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News Western Australia 

Primewest offers $88.3m for shopping centres at Dianella, Victoria Park

December 12, 2020June 22, 2021 Marc Pallisco

EXCLUSIVE Primewest is seeking to purchase two Perth shopping centres from Vicinity for another new trust. In the biggest deal

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New South Wales News 

Toyota wheels $187m deal for Caringbah factory

December 14, 2020December 14, 2020 Marc Pallisco

Toyota has sold its Woolooware Bay factory for $187 million. The car maker confirmed the deal in June; the purchaser,

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New South Wales News 

Canberra Raiders score $56m for Bunnings Seven Hills

December 12, 2020December 13, 2020 Marc Pallisco

HomeCo is paying $56 million to a trust set up by Canberra Raiders’ parent for Bunnings Seven Hills. The 2.23

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