Industrial developer secures Dandenong South drive-in
Local heavyweight Pellicano has swooped on a major south east Melbourne industrial development site, outlaying a speculated $40 million. The
Read more
AU bolsters SA aged care presence with $220m deal
Australian Unity’s flagship Healthcare Property Trust (AUHPT) has snapped up nine South Australian aged care investments with a 20 year
Read more
Quintessential expands footprint in ‘Adelaide’s best location’
Quintessential Equity is paying $73 million for Adelaide’s Telstra House, with plans for a green focused redevelopment. The purchase of
Read more
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
Super fund offloads riverside Milton office
Industry fund BUSSQ Building Super has sold what was in 2011 its first bricks and mortar investment, a riverside Milton
Read more
Dexus banks $377m from Sydney, Brisbane investments
Dexus has sold four major east coast investments. In the biggest deal, the group is banking $118.5 million from Gateway
Read more
Sydney fund manager in talks for Forest Hill Chase
Haben and JY Group are in due diligence for Melbourne shopping centre Forest Hill Chase. The off-market deal for the
Read more
Biggest of Australia’s 12 drive-ins for sale as development site
One of three Melbourne drive-in theatres, and 12 in Australia, is for sale as an industrial development site. The Lunar,
Read more
BRC snares prime Arden block for healthcare project
BRC Capital has snapped up a prominent corner site within the Arden urban renewal precinct, to develop a medical centre
Read more
Leda, Pittwater trade $95m industrial portfolio
EXCLUSIVE Pittwater Industrial has quietly picked up three Sydney assets with value-add upside from Bob Ell’s Leda Holdings. In the
Read more
Fund managers swap Brisbane CBD office
Real Asset Management has scooped up a 15 year old fully let office tower near Brisbane’s Central train station. The
Read more
Magid family banks $124m from east coast assets
Robert Magid, whose late property developer father Isador in 1951 created Twisties, has sold two more major investments. In the
Read more
Harvey Norman snaps up prominent east Brisbane site
Harvey Norman is paying a speculated $13.5 million for a prominent east Brisbane showroom/warehouse complex. The 1.59 hectare Mixed Use
Read more
Cosentino City comes to Melbourne
Spanish furnishings group Cosentino will roll out a five year old concept store, City, in Melbourne, after leasing an ex-bank
Read more
GRESB rates Australian fund managers for ESG
The independent organisation which issues Environmental, Social and Governance rating, the Global Real Estate Sustainability Benchmark, or GRESB, has awarded
Read more
Woolworths picks up Coles-anchored mall
IP Generation has flipped a small Coles-backed shopping centre at Miranda, 16 months after picking it up as part of
Read more
Hines to build fully electric Melbourne skyscraper
Hines has won permission to replace a low rise Collins Street commercial building, formerly part occupied by 7-Eleven, with a
Read more
Outgoing Cartier flagship store sold
Charter Hall and Wyllie Group, on behalf of a fund for wholesale investors in which they will each hold a
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
Marprop acquires maiden Adelaide asset
Marprop Real Estate Investors has outlaid $69.4 million for a recently renovated Adelaide CBD office. The former Statewide House at
Read more
Conos family list Swanston House
The family of late Greek-Australian restaurateur, Theo Conos, is selling one of its highest profile CBD properties after 38 years.
Read more
Vantage ventures outside of Victoria
In its maiden deal outside of Victoria, Vantage Property Investments has purchased a warehouse converted office in Brisbane’s inner east
Read more
Shakespeare invests again in Sydney
Shakespeare Property Group is purchasing Domain House – one of four investment grade freehold offices on Sydney’s Macquarie Street –
Read more
PGGM strikes Australian BTR partnership
US based Sentinel Real Estate, via a division, Sentinel Fund Manager Australia, has entered a partnership with Dutch pension fund
Read more
Green light for Chifley South tower
Charter Hall and GIC have been given the green light to develop a 38 level premium grade office over a
Read more
Developer secures historic Cremorne match factory
EXCLUSIVE Alan Hamilton has sold the prominent Cremorne property his racing car driver dad, Norman, purchased in the 1980s to
Read more
GIC buys into $1.6b Melbourne office project
Charter Hall has sold half a stake in the 555 Collins Street office project to Singapore sovereign wealth fund GIC.
Read more
Harvest makes first Adelaide play
Harvest Hotels has snared two venues north and south of Adelaide – its first play outside of New South Wales
Read more
Cootes lists Pakenham HQ with development clause
Cootes Quarry Products is selling a central Pakenham logistics asset with a 10 year triple-net leaseback. The 1.42 hectare parcel
Read more
Alceon divests Caboolture mall
Three months after selling a Gold Coast shopping centre for $60.5 million – IJ Capital has reinvested the bulk on
Read more
Canberra office selling for record price
The Geoscience Australia headquarters is selling for a Canberra record price – again. In the latest deal, Charter Hall is
Read more
Furniture retailers swap Ballarat showroom
Bedshed is the latest retailer to purchase a growth-corridor property to occupy. Owned by ASX listed Joyce Corp, the group
Read more
Nestle offloads vacant Shepparton factory
Nestle has sold its redundant Shepparton food processing plant to Sydney fund manager VIMG. The 78.2 hectare property covering 1-85
Read more
Harvey Norman buys Geelong growth corridor farm
Harvey Norman has backed the east Geelong growth corridor, outlaying $11 million for a rural plot beside the Gateway Plaza
Read more
Endeavour snaps up Darwin beach pub
The recently listed Endeavour Group has snapped up Darwin’s Beachfront Hotel. On 7000 square metres at 342 Casuarina Drive, Rapid
Read more
Goodman secures another Alexandria site
Goodman Group has purchased another Alexandria bulky goods complex from Greg Karedis and Peter Cortis-Jones’ Arkadia. The 3.438 hectare Alexandria
Read more
Sentinel spends $20.9m for maiden SA asset
Sentinel Property Group is paying $20.9 million for its maiden South Australian investment – the five level office component of
Read more
ISPT appoints new CEO
Chris Chapple (pictured, top) will replace Daryl Browning as ISPT chief executive officer at an as-yet-undisclosed date, expected to be
Read more
Regional Victorian Bunnings fetches $18m
A Bunnings investment at Swan Hill, near the New South Wales border, has sold for just over $18 million reflecting
Read more
Blackstone, Brookfield bank $2.1b from Melbourne offices
Charter Hall and Singapore sovereign wealth fund GIC are paying a speculated $2.1 billion – reflecting a bullish c4.5 per
Read more
Permit for V-Leader’s reworked city skyscraper
V-Leader has won approval to develop a 40 storey, 30,000 square metre office at the north west corner of Lonsdale
Read more
Underutilised city office trades on 1.6pc yield
A low-rise office with significant development upside near the State Library has sold for c$12.9 million. The deal for 152-156
Read more
BlackRock, NashCap JV outlay $120m for Sydney industrial park
Urban Logistics Co, a joint venture between BlackRock Real Estate Assets and NashCap, has paid $120 million for the Kirby
Read more
BDO, HopgoodGanim fill a third of proposed Brisbane office
Charter Hall and Investa have secured two pre-commitments for an $800 million office earmarked to replace three Brisbane buildings acquired
Read more
Abacus sells half stake in St Kilda Road office
Abacus Property Group has offloaded its half interest in 464 St Kilda Road – the Victorian Automobile Chamber of Commerce
Read more
Federal Budget 2022-23: how will it affect Australia’s key property sectors?
This is an excerpt of a Colliers Research report republished with permission. To download the full document, follow this link.
Read more
Consortium swoops on Kensington’s Younghusband site
ASX-listed Irongate Group, local construction firm Built and Canada’s Ivanhoé Cambridge are paying $60 million for Kensington’s Younghusband site. The
Read more
Haben makes it three in Queensland
Haben has snapped up its third Queensland shopping centre, in Brisbane’s south west. The Station Oxley, at 133-157 Oxley Station
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
Panel beater leases ex-Mazda distribution centre
Charter Hall has secured collision repair and parts provider AMA Group to the Somerton Logistics Estate in Melbourne’s north. The
Read more
Stockland to redevelop WSU Penrith campus
Stockland will team with Western Sydney University to replace the latter’s Penrith campus with a master-planned, mixed-use precinct. As part
Read more
Endeavour purchases Empire Hotel
The recently listed Endeavour Group, formerly known as ALH, has paid $11.5 million for the freehold going concern of Kilburn’s
Read more
Aldi sells first Victorian supermarket
Aldi – which typically aims to own properties it occupies – has instead sold a bayside supermarket with a leaseback.
Read more
PBA divests another North Sydney office
Syndicator Property Bank Australia and lender Security Capital Corporation have sold a North Sydney office after 10 years and a
Read more
Argo, Hickory upsize proposed Melbourne office
Argo Group and Hickory – directed by different Argyrou brothers – will lengthen a proposed Melbourne CBD office after buying
Read more
Aliro snares neighbouring Chipping Norton sites
Aliro has quietly snapped up two neighbouring Chipping Norton industrial investments for their development upside. The 4.91 hectare holding incorporating
Read more
SPC offloads Shepparton plant with a leaseback
SPC has sold its landmark Shepparton food processing plant and distribution centre with a 30 year leaseback. The $66 million
Read more
Beacon snaps up another outlet from landlord
Beacon Lighting Group has purchased another property it rents – this time at Modbury. The large format retail asset on
Read more
Telstra commits to landmark Adelaide office
Telstra will relocate its Adelaide headquarters to Charter Hall’s 60 King William Street. The 10 year deal is for 6000
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
RAM buys ex-Virgin HQ for unlisted fund
Real Asset Management has picked up an inner-city office park for its Diversified Property Fund. The Bowen Hills asset, 56
Read more
SC Capital makes maiden Brisbane investment
In its maiden Brisbane deal, SC Capital has picked up a Stapylton industrial investment with immediate development upside. The 3.7
Read more
Irongate invests $156m in Perth, Melbourne
Irongate (IAP) is paying $26 million for a business park in Perth’s Bibra Lake. The deal for 16 Aspiration Court
Read more
Panel maker leases warehouse in ‘CBD of the north’
Creative Composites, which manufactures panels for recreational vehicles (RVs) and the construction industry, has leased an Epping warehouse about to
Read more
Tradezone leases Goodman distribution centre
Online electrical wholesaler Tradezone has leased part of Goodman’s Huntingwood East Distribution Centre as its maiden Sydney location. The agreement
Read more
West Gate Tunnel Authority, Aware Super sign Melbourne office leases
LaSalle Investment Management has secured the state government to a Docklands office. The West Gate Tunnel Authority has leased a
Read more
Pelligra invests again in South Australia
Three weeks after backing the construction of a Kangaroo Island golf course, resort and residential community, Pelligra has acquired an
Read more
Australian Unity offloads Parramatta office for premium
Australian Unity is banking $66 million – a five per cent premium to the June, 2021 book value – for
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
Ampol servos collect $73.5m
Charter Hall has snapped up a 49 per cent stake in another portfolio of Ampol service stations. The 20 assets
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
Fawkner picks up another Queensland shopping centre
Fawkner Property has snapped up another shopping centre from Stockland. Stockland Cairns, on 11.13 hectares at Earlville, is costing $146
Read more
Irongate offloads Canberra office
Investec Australia Property Fund managed Irongate Group (IAP) has sold a Canberra office leased to the Attorney General department after
Read more
Dexus banking c$1.7b from offices
Dexus is selling six office investments for a speculated total of close to $1.7 billion. Four of the assets –
Read more
JY buys Roselands shopping centre stake
JY Group has paid $167 million for a half-stake in Sydney’s Roselands Shopping Centre. Challenger’s CIP Asset Management was the
Read more
Eastern suburb supermarket fetches $29.3m
A supermarket in the heart of a Blackburn South retail strip has sold for $29.3 million reflecting a 2.46 per
Read more
Dexus purchases Moorebank land for logistics park
Dexus and its managed Industria REIT (Industria) – formerly the APN Industria REIT – have picked up a Moorebank industrial
Read more
Tenant buys Ringwood car dealership
The operators of Ringwood Mazda have paid $15 million for the dealership and service centre they have occupied for two
Read more
Vineyard Hotel sells for c$70m
The Vineyard Hotel, in Sydney’s outer north west, has sold for c$70 million. On 7.69 hectares at 725 Windsor Road,
Read more
Mirae offloads Canberra office
South Korean fund manager Mirae Asset Global Investments is selling a central Canberra office for $335 million. The deal for
Read more