Australian Unity sells Adelaide medical centre, car park
Australian Unity has sold another asset from its Healthcare Property Trust. The group is reaping a speculated $9.65 million for
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Coles picks up growth corridor town centre site
Coles Group has snapped up a permit-ready town centre site in Melbourne’s south east. In a deal worth just under
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Sherbet Bomb creator shuts after 95 years, sells shop
Sherbet Bomb creator Lagoon Confectioners has shut after 95 years and sold its most recent headquarters, manufacturing plant and distribution
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Elanor fund sheds final mall
Elanor Investors Group has sold the last asset from its Property Income Fund. Shopping centre Gladstone Square, 100 kilometres north
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Canberra office sold off-market
A modern Canberra office carrying a 68 per cent vacancy rate has sold off-market. The six storey, 5467 square metre
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Barristers’ Chambers sells CBD office
Barristers’ Chambers Limited has sold Douglas Menzies Chambers ahead of a move to 200 Queen Street. The Victorian Bar subsidiary
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Woolworths formalises Eastern Creek pre-commitment
In the second major industrial pre-commitment this week, Woolworths has signed up for a 93,000 square metre fulfilment centre, in
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Australian Unity sells $238m fund
Australian Unity has sold the Property Income Fund to Newmark Capital, led by ex-AFL player, Chris Langford. The deal will
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Bunnings, Dats pre-commit to Brisbane business park
Charter Hall has pre-committed two high profile businesses to its enormous Flagstone Logistics Estate, at North Maclean. In the biggest
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IP Generation buys back into Geelong
Chris Lock’s IP Generation has quietly picked up the rundown ex-Ray’s Outdoors outlet in North Geelong. The 5564 square metre
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EG sheds National Archives Office after green refurbishment
EG Funds has sold the Crown leasehold interest of the National Archives Office, developed in 1926 as the Secretariat Building
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Arena lists childcare centre leased to 2055
Arena REIT has listed one of the most secure investments on its books – a Melbourne childcare centre with an
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Coles banks $75m from Adelaide mall
Coles has sold Adelaide’s Kurralta Village shopping centre to the Taplin Group. An extension is now planned for the Anzac
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Frasers finds buyer for Melbourne CBD office
Frasers Property Australia has found a buyer for a CBD office held a decade. Local private investor Harry Stamoulis is
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Elanor, Heitman shedding major Melbourne mall
Charter Hall is making another play for a major Victorian shopping centre, this time in south east Melbourne’s Mulgrave. The
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Region doubles outlay with Sydney mall sale
Region Group has doubled its outlay selling a Woolworths-anchored west Sydney mall after 11 years. Greystanes Shopping Centre has collected
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EY renews anchor tenancy in distinctive Sydney tower
EY has renewed it anchor tenancy at Sydney’s distinctive 200 George Street. The 25,850 square metre deal runs until December,
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Wesfarmers wellness arm rents another new distribution centre
EXCLUSIVE Australian Pharmaceutical Industries – a Wesfarmers arm from 2022 – has signed a 15 year lease for a distribution
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Stadia buys Brisbane office in two parts
Stadia Capital is the latest investment house to secure a Brisbane CBD office in two parts. The Sydney based asset
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South Sydney amalgamation collects $21m
A south Sydney amalgamation containing a two level mechanic and three standalone dwellings has sold following a campaign targeting high
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Another law firm upgrades city digs
Another major law firm is upgrading a headquarters – this time in Brisbane’s CBD. HWL Ebsworth Lawyers has pre-committed to
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Goodman doubles size of business park with $200m deal
Goodman has added a specialised industrial investment to its book following a tactical off-market deal with Qube. The 11.17 hectare
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Bunnings banks $22.5m for near new store
Bunnings Group has quietly sold a near new outlet with a 10 year leaseback. The $22.5 million deal for 140
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Cambridge buys another office converted uni
Terraform Capital has sold a fully leased Sydney CBD office for $111.58 million – $220,000 less than its 2018 outlay.
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Another Melbourne childcare centre fetches eight figures
A modern childcare centre in Melbourne’s leafy south east has traded for $10.795 million – or $80,000 a place. The
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Barristers’ Chambers Limited lists legal precinct office
Barristers’ Chambers Limited is parting with a prominent Melbourne legal precinct office after 33 years. The legal chambers at 180
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Revelop secures another NSW mall
Charter Hall has sold another asset from the Retail REIT (CQR). Lake Macquarie Square at Mount Hutton near Newcastle fetched
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Coles heads to town for HQ
It will be the end of a four decade era in Melbourne office leasing circles with Coles making the surprise
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Australian Unity banks $47m from medical centre
Australian Unity has sold another asset from its flagship Healthcare Property Trust. The 4996 square metre facility in Perth’s ritzy
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CSR banks $80m for ex-brickworks
Two major assets in Brisbane’s south west Darra have sold. In the biggest deal, Charter Hall is paying $80.55 million-ex
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Flagship David Jones Melbourne store sold
Two major retail investment deals mooted last year have been formalised this month. In Melbourne, Woolworths Holdings Limited is collecting
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Not for profit accepts discount for hospital
The Skin & Cancer Foundation has sold a west Sydney essential services asset with a leaseback. The not for profit is
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Fund manager flips ex-Michael Hill HQ
Alceon is reaping an impressive capital gain divesting an east Brisbane office held two and a half years. The two
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Victorian public servants in the black following Bunnings disposal
An unlisted fund backed by VFMC – which manages annuity on behalf of 32 Victorian public authorities and related organisations
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French government leases swank Melbourne office
The French government has leased an inner-city office for its Consulate General of France in Melbourne. The ninth floor space
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PCA replaces president
Charter Hall Office chief executive officer, Carmel Hourigan, was last week appointed the Property Council of Australia’s national president. The
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Legal precinct building fetches $6.9m
The former PRD House, in Melbourne’s Legal precinct, has sold to a local investor. The six storey 978 square metre
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Stephen Silvagni sells hotel on second attempt
A consortium including ex-AFL player Stephen Silvagni has sold an 86 year old inner-city pub on its second attempt. The
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Hawaiin, QIC trade mall stake
Hawaiin has acquired the half stake it didn’t control of Perth’s Claremont Quarter. QIC was the seller, the off-market deal,
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Myer Melbourne building stake quietly sells to co-owner
Charter Hall has quietly sold its 16.7 per cent stake in the Myer Melbourne building. Announced in reporting for the
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Moonee Valley Racecourse to be diced as downsize becomes real
EXCLUSIVE Hamton and Hostplus are readying to build a road which will slice off what has for 140 years been
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Clarence secures Brisbane office on high yield
Clarence Property Group is the latest fund manager to make a counter-cyclical Brisbane CBD office play. After 12 months on
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Pepsico commits to Adelaide warehouse
Charter Hall has secured Pepsico to Adelaide’s Edinburgh Logistics Park. The Smith’s Snackfood Company parent has signed up for a
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Blackstone swoops on Brisbane business park
Blackstone is replenishing its industrial portfolio, picking up a business park abutting Brisbane Airport from Dexus. The 3.43 hectare investment,
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Alceon buys another Brisbane office
Alceon Group – a diversified investor also holding businesses, including Décor – has swooped on an office in Brisbane’s Upper
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Google eying Docklands move
Google is the latest business considering moving its Melbourne CBD headquarters west, eying a $1.2 billion Docklands office nearing completion,
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EY to shift Melbourne HQ
Professional services giant EY will quit the office it pre-committed to 20 years ago for another built during that construction
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Barristers’ Chambers buy another office from landlord
EXCLUSIVE Charter Hall has sold an under-utilised Melbourne legal precinct office to Barristers’ Chambers Limited, the biggest occupier, prior to
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Cbus secures Sydney office in bittersweet deal
Cbus has secured the half stake it didn’t control of a prime Sydney office. In what could be considered a
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HMC divests childcare centres
HMC Capital has sold two modern childcare centres held less than four years. In the biggest deal, the manager is
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Barings picks up North Sydney office
Barings has added another significant investment to its book, this time an A-grade North Sydney office. The US-based asset manager
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Church, ex-real estate analyst trade Brisbane office
Samford Commercial Investments, led by former CBRE analyst Jacob Fong, has bought a part-vacant CBD office from the Uniting Church.
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Trilogy secures Brisbane industrial investment for a discount
Charter Hall is selling a securely leased north Brisbane industrial investment for a loss on its 2021 outlay. The 2.69
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Barings, Rest swoop on $780m industrial portfolio
Goodman Group has sold a portfolio of 12 east coast industrial investments to Barings and Rest Super. The $780 million
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Mattel commits Barbie, Ken to new Melbourne home
DHL Supply Chain has secured Mattel to one of two standalone office/warehouses it recently pre-committed to in Melbourne. The 31,000
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United Petroleum founders behind ex-Target store deal
A company once controlled by United Petroleum co-founders Eddie Hirsch and Avi Silver has sold Colac’s ex-Target store. Now a
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Offshore investor secures regional processing and distribution hub
One of four primary processing and distribution hubs operated by Cleanaway in Victoria’s north east has sold to an offshore
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Centuria divests two west Sydney malls
Centuria has sold two west Sydney neighbourhood shopping centres picked up when it took over Primewest – all up for
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Mirvac takes hit on Sydney office stake
Mirvac has sold a half stake in a recently renovated Sydney office for a nine per cent discount to book
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Lease assigned for major car storage facility
A landmark vehicle storage facility spreading 8.68 hectares across two Melbourne streets has been assigned between providers. The 18 month
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Ex-Southern Cross Austereo site sold for a loss
Charter Hall and QuadReal have taken a hit on a riverside Brisbane CBD site bought three years ago with major
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Developer plans 35 Port Adelaide office/warehouses
A prominent Port Adelaide industrial site will make way for 35 office/warehouses after selling to a developer off-market. The 1.4
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CapitaLand banks premium from industrial portfolio
CapitaLand Ascendas REIT Management has sold three Brisbane industrial investments for $73 million – a 6.2 per cent rise on
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Revelop, Stockland trade Balgowlah mall
Revelop has snapped up a northern beaches strata shopping centre from Stockland – outlaying $155 million. Now expected to be
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Centuria creates $107m industrial supersite
EXCLUSIVE Centuria has added another property to a west Sydney amalgamation quietly being created since 2022. In Wetherill Park, 11
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Fund managers swap Eastgate Bondi Junction
ISPT has sold Sydney’s Eastgate Bondi Junction after 29 years. The trophy retail investment – with specialty tenants producing an
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Dozen offers sees Victorian mall collect c$30m
The Bai Fu Xin family has divested Geelong West’s land rich Pakington Strand after eight years. The Woolworths anchored mall,
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Telco lists priciest suburban exchanges
Telstra has listed two of the priciest exchanges in its suburban Sydney portfolio – combined, sources say, worth well over
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Haben buys balance of Queensland shopping centre
Harold and Ben Finger’s Haben has quietly snapped up the half-stake interest it didn’t control in Stockland Townsville. Also including
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Government sells prime Canberra site…again
Three months after shelving Walker Corporation as preferred developer to replace a prime Canberra site with an office, the ACT
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Irongate seeds fund with Sydney business park
Irongate has picked up a land rich business park west of Sydney to seed a fund backed by Johannesburg listed
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Gina Rinehart picks up another CBD office
Gina Rinehart has quietly added to her significant property portfolio with an Eagle Street office down the road from another
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Luxury fashion house fills Sydney office
Brookfield Properties and the Investa Gateway Offices fund have filled Sydney’s 28 storey 388 George Street following four office lease
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Engineering firm upgrades to ex-Telstra HQ
Quintessential has secured another tenant for the CBD’s former Telstra House, which it bought a year ago and is now
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Patterson family offer Melbourne car yard, service centre
The family of prominent late car salesman Ronald Patterson has listed a dealership and service centre with short leasebacks in
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Stockland fills first warehouse at $2b business park
Stockland has developed its first investment at Truganina’s $2 billion Melbourne Business Park following a pre-commitment by e-commerce giant New
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Melbourne’s GPO for sale as part of $600m portfolio
ISPT has listed Melbourne’s GPO as part of a portfolio also with the neighbouring The Strand, a regional Western Australian
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Eagers pick up $245m dealership portfolio
In a move expected to boost the turnover of its Victorian business by two thirds, Eagers Automotive has bought 13
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Australian Unity sells trophy office after three years
Following a tumultuous post-COVID backdrop, especially depressing demand for offices – made worse by a building boom in some markets
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Garda realises major loss on Melbourne offices
ASX-listed Garda Property Group has sold two Burnley offices for a major loss on their June 30 valuation and an
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