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News Victoria 

Marsh assigns DTF lease at Charter Hall’s 570 Bourke Street

November 6, 2020November 6, 2020 Marc Pallisco

The Victorian government’s Department of Treasury and Finance has taken over a six year lease from multinational Jardine Lloyd Thompson

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New South Wales News Tasmania Victoria 

New Centuria fund settles on three short stay healthcare investments worth $115m

November 6, 2020November 6, 2020 Marc Pallisco

Centuria Healthcare has spent $115 million on three short-stay medical centres anchored to Nexus Hospitals for its newly launched Centuria

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New South Wales News South Australia 

Harmony outlays $54.6m on assets in Adelaide, Marsden Park

November 4, 2020November 4, 2020 Marc Pallisco

MRS managed Harmony Property Group has acquired a Sydney industrial investment and settled on an office in Adelaide, its home

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News Victoria 

Family Court of Australia in Dandenong for sale again

November 4, 2020June 5, 2021 Marc Pallisco

The Family Court of Australia in Dandenong is for sale again. The investment, 53-55 Robinson Street, hit the market in

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News South Australia 

Charter Hall pays $51m for neighbouring Adelaide offices

November 4, 2020November 5, 2020 Marc Pallisco

Charter Hall has paid 1835 Capital $51 million for neighbouring Adelaide CBD offices rented to the state government. The price

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New South Wales News 

Williams-Sonoma leases Horsley Park warehouse from Frasers

November 4, 2020November 6, 2020 Marc Pallisco

San Francisco based kitchenware and home furnishings retailer Williams-Sonoma has leased a c17,400 square metre distribution centre west of Sydney.

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News Victoria 

Jati rents Brunswick warehouse until recently earmarked for a cinema

November 4, 2020November 5, 2020 Marc Pallisco

Jati – established in a Canterbury garage 36 years ago by a teacher who manufactured outdoor teak furniture on weekends

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News Victoria 

Victorian government approves six more major projects

November 4, 2020November 4, 2020 Marc Pallisco

The Victorian planning department last month approved another six shovel-ready projects. With an end value of $625 million the proposals

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New South Wales News 

Huge Linkage pays Dexus $273m for North Sydney office

November 4, 2020November 4, 2020 Marc Pallisco

Hong Kong investor Huge Linkage has spent $273 million on a North Sydney office. The deal with Dexus for 60

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News Queensland 

Servco sells EG another car showroom, maintenance centre with a leaseback

November 2, 2020November 2, 2020 Marc Pallisco

EG Funds Management is paying Servco $13.6 million for the Downtown Toyota car showroom and maintenance centre in Brisbane’s inner

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News Victoria 

Haileybury pays $7.1m for ex-Mushroom, Reebok HQ, to expand West Melbourne campus

October 30, 2020October 31, 2020 Marc Pallisco

EXCLUSIVE Haileybury has paid $7.125 million for the West Melbourne warehouse-converted-office once the headquarters of Mushroom Music then Reebok Australia,

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New South Wales News 

Church seeks development partner at Naremburn

November 2, 2020November 2, 2020 Marc Pallisco

The Catholic Diocese of Broken Bay and Lower North Shore Parish is seeking a development partner to replace ex-school buildings

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New South Wales News 

Milperra warehouse sells for $22.5m

October 29, 2020October 29, 2020 Marc Pallisco

A local paid $22.51 million for a half-vacant Milperra industrial investment – then leased the balance before settlement. The sale

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News Victoria 

Amazon pre-commits to Ravenhall fulfilment centre

October 30, 2020October 30, 2020 Marc Pallisco

Amazon has pre-committed to a 37,000 square metre fulfilment centre at Dexus’ Horizon 3023 industrial park in Melbourne’s west Ravenhall.

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News Queensland 

Elanor buys Woolloongabba healthcare investment for $37m

October 28, 2020October 28, 2020 Marc Pallisco

Elanor Investors Group (ENN) has paid $37 million for the Woolloongabba Community Health Centre in Brisbane’s inner south. The asset

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News Victoria 

Hillsong pays $23m for West Melbourne’s Festival Hall

October 25, 2020October 30, 2020 Marc Pallisco

Hillsong is paying $23.4 million for West Melbourne’s Festival Hall. The Pentecostal church began negotiations in April after concluding as

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News Victoria 

Time & Place spends $29m on Southbank skyscraper site

October 28, 2020October 28, 2020 Marc Pallisco

Time & Place has paid $29 million for a Southbank site abutting Kings Way with plans for a c62 level

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News Victoria 

Beaconsfield Hub sells for more than $8.5m

October 23, 2020October 23, 2020 Marc Pallisco

Ten year old south east Melbourne convenience retail centre Beaconsfield Hub has sold for a speculated price of $8.5-$9 million.

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New South Wales News 

Stockland buys Leppington site for $145m logistics estate

October 20, 2020October 20, 2020 Marc Pallisco

Stockland is buying a major industrial development site in Leppington, near the Western Sydney International Airport, construction of which recently

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News Victoria 

IKEA shelves store plan at Campbellfield’s ex-Pipeworks Market, lists site

October 20, 2020October 29, 2020 Marc Pallisco

EXCLUSIVE IKEA is selling Campbellfield’s ex-Pipeworks Market. The Scandinavian retailer agreed to purchase the property from Babcock & Brown 10

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News Victoria 

LMS Group’s Ascot Vale HQ sells for c$11m as townhouse site

October 20, 2020October 20, 2020 Marc Pallisco

Leisure Management Group’s headquarters, in a residential Ascot Vale pocket, has sold to for a speculated $11 million. The battle-axe

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News South Australia 

Dexus, DHPF pay $446.2m for Australian Bragg Centre

October 20, 2020May 4, 2021 Marc Pallisco

Dexus and its managed Healthcare Property Fund are paying $446.2 million for a medical investment under construction in Adelaide’s CBD.

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News Queensland 

EADP spends c$90m on Acacia Ridge industrial asset, plans premium redevelopment

October 20, 2020October 20, 2020 Marc Pallisco

ESR Australia Development Partnership (EADP) is paying c$90 million for an 18 hectare industrial investment it classifies a development site

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News Victoria 

Sir Cecil Looker’s Beveridge livestock station listed for c$100m as housing, industrial site

October 20, 2020October 20, 2020 Marc Pallisco

The children and grandchildren of late Sir Cecil Looker have listed a 434 hectare Beveridge property held by the family

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New South Wales News 

AsheMorgan, TOGA to extend Oxford St shops with hotel, office

October 20, 2020October 20, 2020 Marc Pallisco

After striking a 99 year lease with City of Sydney for three historic Darlinghurst buildings on blocks covering 40 per

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New South Wales News 

Badgerys Creek poultry farm sells for $14.5m

October 20, 2020October 20, 2020 Marc Pallisco

A Badgerys Creek poultry farm has sold for $14.5 million – or $366 per square metre, breaking a two year

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News Victoria 

Mortgagee lists another Canaan International Box Hill site

October 16, 2020October 16, 2020 Marc Pallisco

Cor Cordis – as mortgagee in possession – has listed another Box Hill precinct development site formerly controlled by international

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News Victoria 

Thermomix leases Moorabbin Airport warehouse from Goodman

October 16, 2020October 16, 2020 Marc Pallisco

After a metropolitan-wide search, Thermomix will move into a modern office/warehouse owned by Goodman at Moorabbin Airport’s Chifley Business Park.

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News Victoria 

Uniting lists inner Melbourne former kindergarten, social services office

October 15, 2020October 15, 2020 Marc Pallisco

Uniting is selling two formerly occupied properties as development sites, in Melbourne’s inner-south. At 698-700 Malvern Road, Prahran, a 920

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News Queensland 

Pinkenba industrial investment trades for $9.4m

October 16, 2020October 16, 2020 Marc Pallisco

A modern office/warehouse opposite Brisbane Airport has sold for $9.414 million reflecting a 5.8 per cent yield. On 1.1 hectares,

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News Victoria 

Golden Age lists permit-ready Rockbank site

October 16, 2020October 16, 2020 Marc Pallisco

Jeff Xu’s Golden Age Group is selling the development site acquired two years ago for its first low-rise residential project.

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New South Wales News Victoria Western Australia 

Peakstone awards 100,000 sqm Australian office management contract

October 15, 2020October 15, 2020 Marc Pallisco

Singapore’s Peakstone has awarded a major commercial management contract to CBRE. The agreement covers 100,000 square metres across six buildings

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News Victoria 

Box Hill South’s former St Leo’s College for sale

October 16, 2020October 16, 2020 Marc Pallisco

Box Hill South’s former St Leo’s College is for sale as a medium density residential development site. The five hectare

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New South Wales News 

EG buys permit-ready Redfern site for infrastructure fund

October 15, 2020October 15, 2020 Marc Pallisco

EG Group has purchased a permit-ready site in Sydney’s inner-city Redfern for its Yield Plus Infrastructure 2 fund (YPI2). The

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News Queensland 

Clarence spends $8.8m on another Murarrie industrial investment

October 13, 2020October 15, 2020 Marc Pallisco

Clarence Property Corporation has paid $8.8 million for an office/warehouse in Brisbane’s Murarrie – the suburb it acquired its first

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News Queensland 

Cadence pays $10.5m for vacant Redbank industrial investment, plans rejuvenation, re-let

October 13, 2020October 15, 2020 Marc Pallisco

Cadence Property Group has paid $10.5 million for a south west Brisbane industrial property it plans to upgrade while offering

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New South Wales News 

Lendlease secures tenant for temperature controlled Glendenning factory

October 13, 2020October 15, 2020 Marc Pallisco

A local logistics services provider has signed a 10 year rental agreement for a temperature controlled Glendenning warehouse owned by

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New South Wales News 

CSR sells 8.6ha slice of Horsley Park plant

October 13, 2020July 29, 2021 Marc Pallisco

CSR Limited has sold another piece of its soon-to-close PGH Bricks plant in Horsley Park – for $84.3 million. The

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New South Wales News 

Lewis Land banks $13.5m from 54 Sovereign Hills house lots

October 13, 2020October 15, 2020 Marc Pallisco

Lewis Land Group, Australia’s oldest private property developer, banked $13.5 million in less than 24 hours selling 54 housing lots

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News Victoria 

Forza applies to extend riverside Abbotsford car park with 11 level office

October 12, 2020October 15, 2020 Marc Pallisco

Forza Capital has applied to build an 11 level office atop an existing four storey car park in Melbourne’s inner

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New South Wales News 

Risland sells strata titled North Ryde childcare centre for $4.7m

October 11, 2020October 15, 2020 Marc Pallisco

A local is paying $4.65 million for a childcare centre investment on the ground floor of Risland’s new Ryde Garden

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New South Wales News 

Investor pays $6m for Port Macquarie’s Vacation Village

October 11, 2020October 15, 2020 Marc Pallisco

Port Macquarie resort Vacation Village has sold for $6 million. The vacant property at 50 Settlement Point Road, about 2.5

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News Queensland 

Mater buys office, flips it with a leaseback to CQE for $122.5m

October 9, 2020November 20, 2020 Marc Pallisco

An office under construction in Newstead has sold twice on the same day to wind up in the hands of

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New South Wales News 

Primewest DIT4 spends $15.1m on Tamworth Lifestyle Centre

October 9, 2020October 15, 2020 Marc Pallisco

Primewest is paying $15.1 million for the Tamworth Lifestyle Centre, the fourth asset for its Diversified Income Trust 4 (PDIT4).

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News 

Sumitomo ups Henley Homes stake to 69.4pc

October 9, 2020October 15, 2020 Marc Pallisco

Sumitomo Forestry Australia has upped its stake in Henley Homes – which turned 30 last year. The subsidiary of Japan’s

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News Victoria 

Flemington townhouse site trades for c$6.5m between developers

October 9, 2020October 15, 2020 Marc Pallisco

A townhouse development site in Melbourne’s inner north west Flemington has sold for c$6.5 million between builders. The 1882 square

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New South Wales News 

Another Ray White director buys property to occupy

October 9, 2020February 11, 2021 Marc Pallisco

For the second time in two months, the manager of a Sydney Ray White agency has purchased a commercial site

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New South Wales News 

Harvest pays Attwood family $9.6m for Albury’s Brady’s Railway Hotel

October 8, 2020May 20, 2021 Marc Pallisco

An unlisted Sydney fund has paid $9.6 million for the Brady Railway Hotel at the NSW/Vic border town of Albury.

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News Victoria 

Sheng Le Group lists 1.5 acre permit-ready Southbank site

October 7, 2020October 8, 2020 Marc Pallisco

Sheng Le Group has listed a 1.5 acre Southbank site stretching about half the east side of Queens Bridge Street

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News Victoria 

Childcare operators pre-commit to centres in Berwick, Tarneit

October 8, 2020October 8, 2020 Marc Pallisco

Two childcare centre lease deals have been signed in major Melbourne growth corridors each side of the city. In Berwick,

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News Victoria 

Greenvale childcare centre site sells for $2.2m

October 8, 2020October 8, 2020 Marc Pallisco

A permit-ready childcare centre site at the edge of Frasers Property Australia’s Greenvale Gardens housing estate, in Melbourne’s north, has

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News Victoria 

Compass leases standalone Hawthorn HQ

October 7, 2020October 8, 2020 Marc Pallisco

Education industry technology firm Compass has leased Owens-Illinois’ former Asia Pacific headquarters, in Hawthorn – or West Hawthorn to some.

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News 

Cromwell, IGIS seed logistics fund with $83.3m northern Italy portfolio

October 8, 2020October 8, 2020 Marc Pallisco

ASX-listed Cromwell Property Group with Korea’s IGIS Asset Management has settled on the A$83.3 million (€51m) acquisition of seven DHL-occupied

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News Victoria 

Deague Group lists three Melbourne car park investments

October 6, 2020October 9, 2020 Marc Pallisco

EXCLUSIVE Deague Group has listed three Melbourne car park investments including the only one directly accessed from Collins Street. The

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News Queensland 

Ormeau logistics investment picks up $43m from Centuria

October 6, 2020October 7, 2020 Marc Pallisco

Centuria Property Fund No 2 has purchased a $43 million Ormeau logistics investment for one of its trusts. The deal

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News Victoria 

Thornhill Park housing block sells for $11m

October 6, 2020October 7, 2020 Marc Pallisco

A housing estate block at what will long term be a busy western suburb intersection has sold to a local

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News South Australia 

Renewal SA purchases two Kaufland sites for affordable, social housing

October 5, 2020October 6, 2020 Marc Pallisco

Renewal SA has purchased two inner-Adelaide development sites from German retailer Kaufland. In Forestville (pictured, top) and Prospect, the government

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News Victoria 

All Industries Solutions switches Truganina HQ

October 6, 2020October 6, 2020 Marc Pallisco

Blackwood Downs Building Services has secured a tenant for a Truganina industrial facility it was constructing speculatively while offering for

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News Victoria 

Owner occupiers trade Bayswater North factory on an acre

October 6, 2020October 6, 2020 Marc Pallisco

A Bayswater North warehouse – on land 15 square metres short of an acre – traded between occupiers within three

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News Victoria 

Caprice leases Domain’s ex-South Melbourne HQ

October 2, 2020October 5, 2020 Marc Pallisco

Soft furnishings supplier Caprice – which turned 60 last year – has leased Domain Group’s recently vacated South Melbourne headquarters.

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News Victoria 

Bunnings chooses Growthpoint’s Botanicca 3 for HQ

October 2, 2020October 4, 2020 Marc Pallisco

Bunnings has leased new headquarters – being the bulk of a recently completed A-grade office at the Botanicca Corporate Park,

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News Victoria 

Pelligra acquires 96ha Avalon fish farm site

October 2, 2020October 6, 2020 Marc Pallisco

EXCLUSIVE Pelligra Group has purchased a 96 hectare site abutting Avalon Airport with significant underlying land value and likely long-term

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News Victoria 

Mercedes quits signage rights at South Melbourne’s 222 Kings Way

October 1, 2020October 8, 2020 Marc Pallisco

Mercedes-Benz will not renew a lease for signage rights at South Melbourne’s high profile 222 Kings Way – prompting the

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News Victoria 

Reservoir’s Linh Son Temple finds buyer

October 2, 2020March 23, 2021 Marc Pallisco

Reservoir’s Linh Son Temple has sold to a neighbour. The 2.43 hectare Industrial zoned property, 33-35 Radford Road, was quietly

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News Victoria 

Belgrave Group sells Cremorne hotel for $11m

October 2, 2020October 2, 2020 Marc Pallisco

Belgrave Group – the development company owned by architect Ben Genser – has sold a vacant six-storey hotel under construction

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News Victoria 

Council offloads central Baxter townhouse block

October 1, 2020October 1, 2020 Marc Pallisco

Mornington Peninsula Shire Council has sold an acre of land adjacent to the Baxter train station, just past Melbourne’s southern

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N.T. News 

SCA pays Woolworths $33m for Darwin shopping centre

October 2, 2020October 2, 2020 Marc Pallisco

SCA Property Group has made its first Northern Territory investment, paying $33 million for the Bakewell Shopping Centre in Palmerston,

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News Victoria 

Mario Verrocchi buying Mt Eliza’s Morning Star

September 29, 2020March 9, 2023 Marc Pallisco

Chemist Warehouse executive Mario Verrocchi is paying $30.66 million – c$10m less guide – for Mount Eliza’s landmark Morning Star

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News Western Australia 

MPF pays Sentinel $12.4m for Canning Vale distribution centre

October 1, 2020October 1, 2020 Marc Pallisco

Mair Property Funds has spent $12.41 million on a distribution centre leased to Timberlink for its new MPF Diversified Trust

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New South Wales News 

Mainfreight leases Erskine Park warehouse from Charter Hall

September 30, 2020September 30, 2020 Marc Pallisco

Mainfreight Distribution has leased another Sydney warehouse owned by Charter Hall – this time in Erskine Park. The logistics group

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News Queensland 

Breezway HQ in Coorparoo collects $12.5m from Centuria

September 30, 2020September 30, 2020 Marc Pallisco

A high quality industrial asset in Coorparoo is exchanging to Centuria Industrial REIT for $12.5 million. Tenanted until 2028 to

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News Western Australia 

Abacus spends $8.6m on Cockburn Central self storage investment and development site

September 30, 2020September 30, 2020 Marc Pallisco

Abacus Property Group is spending $8.6 million on a self-storage investment in Perth’s south Cockburn Central. The 1.7 hectare property,

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National News 

Flight Centre to close 91 more stores

September 30, 2020September 30, 2020 Marc Pallisco

The COVID-19 led collapse of the travel industry has claimed another 91 Flight Centre stores. The ASX-listed group announced in

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News Victoria 

Futuro in c$210m play for Melbourne’s 235-251 Bourke Street

September 30, 2020October 2, 2020 Marc Pallisco

In a speculated c$210 million play, Futuro Capital with the backing of Baring Private Equity Asia, is acquiring Melbourne’s 235-251

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A.C.T. New South Wales News 

Elanor pays Vicinity wholesale fund $60m for Queanbeyan shopping centre

September 29, 2020September 30, 2020 Marc Pallisco

Elanor Investors Group today confirmed it acquired Queanbeyan’s Riverside Plaza for $60 million – describing the price as below replacement

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News Victoria 

Sector sells Ringwood VicRoads testing centre for $9.3m, lists Huntingdale office/warehouse

September 30, 2020September 30, 2020 Marc Pallisco

Sector Property Group has sold a Ringwood office after snaring a pre-commitment from VicRoads. Under construction abutting Eastlink, 93A Heatherdale

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News Queensland 

Capalaba Officeworks sells to Sydney investor for $8.4m sight unseen

September 29, 2020September 29, 2020 Marc Pallisco

A Brisbane bulky goods asset leased to Officeworks has sold to a Sydney investor for $8.425 million sight unseen. The

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News South Australia 

Adelaide’s ex-Calvary Wakefield set for health, medical refurb

September 29, 2020February 11, 2021 Marc Pallisco

Pelligra Group has paid Cromwell $30 million for Adelaide’s recently vacated Calvary Wakefield Hospital with plans to fit it out

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National News 

GIC buys majority EALP stake from ESR Australia

September 28, 2020September 28, 2020 Marc Pallisco

Singapore sovereign wealth fund GIC will hold an 80 per cent stake in the ESR Australia Logistics Partnership (EALP) after

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News Victoria 

Trans Australian Freight Management fills Frasers’ West Park

September 28, 2020September 28, 2020 Marc Pallisco

Trans Australian Freight Management will enter the Victorian market after renting a Truganina facility from Frasers Property Industrial. The occupier

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