Occupiers spend over $18m in Truganina
Occupiers have swooped on two Truganina industrial assets. In the biggest deal, Success Logistics paid $13.5 million for a 5061
Read more
Aria snares South Brisbane offices for apartments
Aria Property Group has picked up two low rise, soon-to-be-vacated South Brisbane offices with plans for a high rise apartment
Read more
Former ‘Bond Tower’ trades for $340m
Lendlease and Realside are picking up one of Perth’s most prominent office skyscrapers – developed in the late 1980s by
Read more
Another Melbourne investor buys Brisbane office
Yak Yong Quek’s Shakespeare Property Group is continuing a major spending spree, this time with a $66 million Brisbane CBD
Read more
Gateway WSA site hits the market
An enormous commercial development site opposite the south west boundary of the Western Sydney Airport, at Luddenham, has hit the
Read more
Council approves $3b Central station project
The City of Sydney has given the green light for two more skyscrapers – of 37 and 35 floors –
Read more
Mirvac offloads Southbank office
Marquette Properties has swooped on one of seven buildings in Brisbane’s Southbank – outlaying $104.4 million. Mirvac was the vendor;
Read more
Fund manager lists Warrnambool shopping centre, land
MA Financial, formerly known as Moelis Australia, is selling another shopping centre. The Gateway Plaza at Warrnambool carries $70 million-plus
Read more
Melbourne restaurateur banks premium from Sydney bolthole
Chris Lucas has sold his Potts Point apartment for an undisclosed price, speculated to be about $6 million. Any deal
Read more
Canva spends $120m on unrenovated Sydney office
Canva is speculated to be paying just over $120 million for an unrenovated vacant office up the road from its
Read more
SLMC secures another Victorian shopping centre
A partnership between Sim Lian Group and the listed Metro Holdings Limited, both from Singapore, has snapped up Shepparton Marketplace
Read more
Charter Hall snaps up Collins Place with development plan
Charter Hall has quietly purchased the freehold to the 1.34 hectare Collins Place complex, in Melbourne’s exclusive eastern core, for
Read more
Ex-Wallaby scores another Sydney pub
Ex Wallaby Bill Young has added to his hotel portfolio – which is entirely in New South Wales – picking
Read more
Charter Hall swoops on $300m Perth business park
Charter Hall is purchasing a half dozen industrial investments and another six under construction, within the ROE Highway Logistics Park,
Read more
Hospitality boss snares ex-AFL House
Hospitality tsar Fab Ippoliti has purchased East Melbourne’s former AFL House. The five level, B-grade office at 120 Jolimont Road,
Read more
The Hour Glass spends $82m for prime city corner
The Hour Glass has paid $82.2 million for a prominent Brisbane property part-occupied by one of its brands. The deal
Read more
Boeing leases a third of Brisbane office
Boeing has pre-committed to a Brisbane office being renovated by Dexus. The aviation group has signed up for 12,000 square
Read more
Nolan consolidates to Dandenong South HQ
Nolan Group will consolidate several south east locations, including its Dingley Village headquarters, to a Dandenong South office/warehouse (artist’s impression,
Read more
Forrests buy Perth mall with redevelopment plan
Andrew and Nicola Forrest’s Fiveight – a property investment arm of the pair’s Tattarang – has picked up Perth’s Carillon
Read more
Burson leases Preston showroom
Burson Auto Parts has leased a modern Preston office/industrial building for a store. The Bapcor brand is paying starting annual
Read more
RMA leases Mickleham warehouse
Dexus is the latest landlord to be rewarded for building a large warehouse on a speculative basis, securing a lease
Read more
Prestons warehouse trades at record low 3.35pc yield
A warehouse under construction at Prestons has sold to Pittwater Industrial for $58.255 million reflecting a record low yield for
Read more
Amazon chooses Melbourne for first Australian sort centre
Amazon will open its first Australian sort centre at Goodman Group’s Amaroo Business Park, in Craigieburn. The 15,600 square metre
Read more
NorthWest, GIC tip $2.4b into healthcare fund
Toronto listed NorthWest Healthcare Properties with Singapore sovereign wealth fund GIC will invest another $2.4 billion into a healthcare joint
Read more
Centuria, Morgan Stanley form healthcare fund
Centuria has formed a joint venture with Morgan Stanley Real Estate Investing to acquire and develop healthcare product. The Centuria
Read more
IJ Capital exits Gold Coast mall
IJ Capital has sold a Gold Coast mall after two years and a renovation. Benowa Gardens, at Benowa, four kilometres
Read more
Growthpoint pays $125m for Hawthorn East office
Growthpoint Properties has paid $125 million for a recently completed office in Melbourne’s leafy Hawthorn East. The campus style building,
Read more
Marquette, Mercer snap up Brisbane offices
Major fund managers have outlaid over $540 million for two Brisbane CBD offices. In the biggest deal, Marquette Properties, backed
Read more
Mintus buys Parramatta office, development site
Mintus has paid $154 million for an A-grade Parramatta office and neighbouring development site permit-ready for another. The off-market deal
Read more
AMP snares balance of Macquarie Centre, Pacific Fair
AMP has taken full control of the Gold Coast’s Pacific Fair and Macquarie Centre in Sydney after striking a $760
Read more
Abacus, Blackstone trade Sydney office
Abacus has exchanged contracts to purchase 77 Castlereagh Street from Blackstone. The 11 level office on airspace over the Westfield
Read more
Growthpoint acquires Canberra office, cashes up
Altis has offloaded Canberra’s former Penrhyn House after four years. The six storey office, 2-6 Bowes Street, at the south
Read more
Blackstone spends $2.1b for stake in logistics portfolio
Blackstone, via its Core+ Real Estate strategy in Asia, will pay $2.1 billion for a 49 per cent stake in
Read more
Blackstone snaps up Grosvenor Place half stake
Blackstone has snapped up a half stake in Sydney’s Harry Seidler designed Grosvenor Place. The deal – worth $925 million
Read more
QIC offloading Gold Coast mall
IP Generation is speculated to be paying c$200 million for a half stake in both Westfield Helensvale and the neighbouring
Read more
Shayher buying offices in Brisbane, Sydney
Taiwan backed Shayher Group is outlaying over $600 million on east coast office investments. In the biggest deal, the group
Read more
Australian Unity snares three aged care investments
Australian Unity is paying $93.65 million for three Queensland aged care investments. The leaseback deal is with McKenzie Aged Care,
Read more
ESR divests Canning Vale warehouse
Decorative services group Borg has paid $18.5 million for a part-vacant Canning Vale warehouse. The seller, ESR, picked up the
Read more
Blackstone makes $1.7b play for DALT stake
Blackstone is looking to take out a 49 per cent stake in the $3.5 billion Dexus managed Australian Logistics Trust
Read more
Phoenix Transport expands in Berrinba
Phoenix Transport has leased a modern Berrinba warehouse held by ARA LOGOS Logistics Trust. The occupier has committed for an
Read more
Cbus, UniSuper strike Australia’s biggest retail deal
Cbus Property and UniSuper have partnered with AMP Capital to acquire stakes in two major shopping centres for a total
Read more
Ascot offloads industrial, office portfolio
Ascot Capital has sold an $800 million-plus commercial property portfolio. The bulk, 23 logistics investments and an office – all
Read more
Charter Hall spends $102m on Adelaide industrial
Charter Hall has purchased two government backed industrial investments for a total of $102 million. They will be held in
Read more
Vicinity acquires Harbour Town stake
Lendlease has sold its half stake in Gold Coast’s Harbour Town shopping centre for $358 million. Vicinity Centres is the
Read more
APN outlays $24.4m on convenience retail
APN Funds Management is outlaying $24.4m on two convenience retail investments. At Riverview, in suburban Brisbane, and Dubbo – 400km
Read more
Growthpoint invests again in APN fund
Growthpoint Properties Australia is seeking to acquire 14.74 per cent of new securities for the APN Industria REIT (ADI). The
Read more
Industrial assets collect $351m from Centuria
Centuria has snapped up eight fully leased warehouses, boosting the value of its Industrial REIT (CIP) by 10 per cent.
Read more
Government offers ex-Manly Hospital
The state government is seeking a private sector partner to redevelop the ex-Manly Hospital, which closed in 2018. The 4.66
Read more
Charter Hall buys South Guildford warehouses, land
Charter Hall has spent $50.75 million on two modern South Guildford warehouses and a c8354 square metre development site which
Read more
Laverton North sale a windfall for Qanstruct director
GPT is paying $72.5 million for a newly leased Laverton North industrial investment. The deal is a major windfall for
Read more
Mintus acquires Gladesville business park with upside
Mintus has snapped up a gateway Sydney business park with short and medium term development upside. The diversified investor is
Read more
McPhee industrial portfolio collects $186m
Dexus is paying McPhee Transport director Jay McPhee $186 million for four new, fully leased distribution centres. Three are in
Read more
Mirvac sells Locomotive Workshop stake
Sunsuper is paying $231 million for a 49 per cent stake in South Eveleigh’s Locomotive Workshop. The vendor, Mirvac, will
Read more
APN buys two more servos, reports growth
APN Property Group has purchased two more service stations for its Convenience Retail REIT (AQR). Both are in Queensland –
Read more
HomeCo outlays $80m on unbuilt healthcare investment
Home Consortium (HomeCo) has purchased Southport’s unbuilt Proxima building from Evans Long. The funds-through deal, worth $80 million, reflects a
Read more
Atlassian HQ to open by 2026
Atlassian will retain a stake in its next headquarters, construction of which will start next year. As speculated 10 months
Read more
Altis banks $46m from homemaker centre
Altis Property Group is banking $46.25 million from a regional bulky goods investment. The Lake Haven Homemaker Centre at Charmhaven,
Read more
Fishermans Bend Innovation Precinct unveiled for ex-GMH site
The state government has committed an initial $179.4 million to develop the ex-General Motors Holden site as the Fishermans Bend
Read more
Abacus, Public Trustee of Qld offload Brisbane office
PGIM Real Estate is paying $54.4 million for a Brisbane CBD office. The modernised c1965 structure, 444 Queen Street, was
Read more
Lendlease expands Flagstaff Gardens holding with $203m deal
Lendlease has made a tactical office purchase, picking up 469 La Trobe Street, opposite Flagstaff Gardens, from Swiss Re. The
Read more
ESR becomes Australia’s third largest industrial owner
ESR Australia today settled on a $3.8 billion purchase of 45 industrial investments – the Milestone collection – and a
Read more
Active Super expands North Sydney holding
Active Super – which until last month was known as Local Government Super – has outlaid $25 million for a
Read more
Australian Unity spends $55m on aerospace centre
Australian Unity is paying c$55 million for the first stage of the Williamtown Aerospace Centre. The 1.78 hectare property, developed
Read more
ESR, Goldman Sachs selling State Law Building
ESR and Goldman Sachs are understood to have sold a government-backed Brisbane CBD office to Hines. The State Law Building
Read more
AQR snaps up six SA service stations
APN Funds Management has acquired another six service station for its Convenience Retail REIT (AQR). The South Australian properties were
Read more
Hickory secures Goldfingers for office
Hickory has quietly snapped up the former Goldfingers strip club – and won approval to build a 22 storey office
Read more
APN adds six Queensland servos to convenience fund
APN Funds Management has spent $59 million on six Queensland service stations. The deal reflects a blended 5.5 per cent
Read more
Fortius, PGIM buy Brisbane office
LaSalle Investment Management is selling a Brisbane CBD office for $214 million. The Chicago group spent $142.15m on 307 Queen
Read more
888 Property divests west Melbourne industrial site
Former VicUrban development director, Michael King and Joe Cairns, via their 888 Property Group, have sold a 15.92 hectare Truganina
Read more
BlackRock, Primewest spend $260m on Perth office
A BlackRock Real Assets advised fund, in a new partnership with Primewest, is paying $260 million for a Perth CBD
Read more
ESR spends $3.8b on Australian logistics portfolio
ESR Australia is paying $3.8 billion – the highest price outlaid in one line for a collection of Australian property
Read more
AMP sells another Macquarie Park office
TPG founders David and Vicky Teoh are speculated to be paying $106.5 million for a five level office and industrial
Read more
QIC sells Pakenham Place
QIC has quietly sold Pakenham Place, in Melbourne’s south-east, to Leaf Corporation and BANCO Group. The local purchasers, paying a
Read more
Prominent Melbourne office expecting $90m-plus
Hotel Grand Central, which acquired one of Melbourne’s highest profile offices from Victoria University in 2013, is selling. The upper
Read more
Marquette picks up Brisbane’s Gold Tower
Dexus and Canada Pension Plan Investment Board have sold Brisbane’s 10 Eagle Street for $285 million. The pair owned equal
Read more
AsheMorgan outlays $210m for Brisbane office
The Pidgeon family has sold a Brisbane CBD office after nine years, a renovation and extension. The 20-level tower at
Read more
Australia’s biggest distribution centre complete
EXCLUSIVE Vaughan Constructions has completed Australia’s biggest distribution centre, in Melbourne’s north Mickleham. On 28 hectares, the 100,000 square metre
Read more
LOGOS, Qube strike $1.67b Moorebank deal
LOGOS Property Group will pay Qube Holdings $1.67 billion for Moorebank Logistics Park, in Sydney’s west. The deal buys the
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
Surry Hills blocks collect $33m from developer
Two neighbouring low-rise Surry Hills commercial buildings, leased to amongst others, a backpackers and takeaway restaurants, have sold to a
Read more