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Industrial News Victoria 

Consortium swoops on Kensington’s Younghusband site

March 29, 2022April 1, 2022 Marc Pallisco

ASX-listed Irongate Group, local construction firm Built and Canada’s Ivanhoé Cambridge are paying $60 million for Kensington’s Younghusband site. The

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News Queensland Retail 

Haben makes it three in Queensland

March 23, 2022March 23, 2022 Marc Pallisco

Haben has snapped up its third Queensland shopping centre, in Brisbane’s south west. The Station Oxley, at 133-157 Oxley Station

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Essential services National News 

Centuria, Morgan Stanley form healthcare fund

March 16, 2022March 16, 2022 Marc Pallisco

Centuria has formed a joint venture with Morgan Stanley Real Estate Investing to acquire and develop healthcare product. The Centuria

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Industrial News Victoria 

Panel beater leases ex-Mazda distribution centre

February 23, 2022February 24, 2022 Marc Pallisco

Charter Hall has secured collision repair and parts provider AMA Group to the Somerton Logistics Estate in Melbourne’s north. The

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New South Wales News Residential 

Stockland to redevelop WSU Penrith campus

February 21, 2022February 21, 2022 Marc Pallisco

Stockland will team with Western Sydney University to replace the latter’s Penrith campus with a master-planned, mixed-use precinct. As part

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Hotels News South Australia 

Endeavour purchases Empire Hotel

February 17, 2022February 17, 2022 Marc Pallisco

The recently listed Endeavour Group, formerly known as ALH, has paid $11.5 million for the freehold going concern of Kilburn’s

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News Retail Victoria 

Aldi sells first Victorian supermarket

February 10, 2022February 10, 2022 Marc Pallisco

Aldi – which typically aims to own properties it occupies – has instead sold a bayside supermarket with a leaseback.

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New South Wales News Office 

PBA divests another North Sydney office

February 10, 2022February 10, 2022 Marc Pallisco

Syndicator Property Bank Australia and lender Security Capital Corporation have sold a North Sydney office after 10 years and a

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News Office Victoria 

Argo, Hickory upsize proposed Melbourne office

February 9, 2022May 30, 2022 Marc Pallisco

Argo Group and Hickory – directed by different Argyrou brothers – will lengthen a proposed Melbourne CBD office after buying

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Industrial New South Wales News 

Aliro snares neighbouring Chipping Norton sites

February 2, 2022February 2, 2022 Marc Pallisco

Aliro has quietly snapped up two neighbouring Chipping Norton industrial investments for their development upside. The 4.91 hectare holding incorporating

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Industrial News Victoria 

SPC offloads Shepparton plant with a leaseback

January 31, 2022January 31, 2022 Marc Pallisco

SPC has sold its landmark Shepparton food processing plant and distribution centre with a 30 year leaseback. The $66 million

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News Retail South Australia 

Beacon snaps up another outlet from landlord

December 15, 2021December 15, 2021 Marc Pallisco

Beacon Lighting Group has purchased another property it rents – this time at Modbury. The large format retail asset on

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News Office South Australia 

Telstra commits to landmark Adelaide office

December 15, 2021December 15, 2021 Marc Pallisco

Telstra will relocate its Adelaide headquarters to Charter Hall’s 60 King William Street. The 10 year deal is for 6000

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A.C.T. News Office 

Growthpoint acquires Canberra office, cashes up

December 14, 2021December 14, 2021 Marc Pallisco

Altis has offloaded Canberra’s former Penrhyn House after four years. The six storey office, 2-6 Bowes Street, at the south

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News Office Queensland 

RAM buys ex-Virgin HQ for unlisted fund

December 13, 2021December 13, 2021 Marc Pallisco

Real Asset Management has picked up an inner-city office park for its Diversified Property Fund. The Bowen Hills asset, 56

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Industrial News Queensland 

SC Capital makes maiden Brisbane investment

December 12, 2021December 12, 2021 Marc Pallisco

In its maiden Brisbane deal, SC Capital has picked up a Stapylton industrial investment with immediate development upside. The 3.7

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Industrial News Office Victoria Western Australia 

Irongate invests $156m in Perth, Melbourne

December 10, 2021March 2, 2023 Marc Pallisco

Irongate (IAP) is paying $26 million for a business park in Perth’s Bibra Lake. The deal for 16 Aspiration Court

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Industrial News Victoria 

Panel maker leases warehouse in ‘CBD of the north’

December 9, 2021December 9, 2021 Marc Pallisco

Creative Composites, which manufactures panels for recreational vehicles (RVs) and the construction industry, has leased an Epping warehouse about to

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Industrial New South Wales News 

Tradezone leases Goodman distribution centre

December 8, 2021December 8, 2021 Marc Pallisco

Online electrical wholesaler Tradezone has leased part of Goodman’s Huntingwood East Distribution Centre as its maiden Sydney location. The agreement

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News Office Victoria 

West Gate Tunnel Authority, Aware Super sign Melbourne office leases

December 8, 2021September 24, 2024 Marc Pallisco

LaSalle Investment Management has secured the state government to a Docklands office. The West Gate Tunnel Authority has leased a

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News Office South Australia 

Pelligra invests again in South Australia

December 6, 2021December 9, 2021 Marc Pallisco

Three weeks after backing the construction of a Kangaroo Island golf course, resort and residential community, Pelligra has acquired an

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New South Wales News Office 

Australian Unity offloads Parramatta office for premium

December 6, 2021December 8, 2021 Marc Pallisco

Australian Unity is banking $66 million – a five per cent premium to the June, 2021 book value – for

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New South Wales News Office 

Blackstone snaps up Grosvenor Place half stake

December 2, 2021December 6, 2021 Marc Pallisco

Blackstone has snapped up a half stake in Sydney’s Harry Seidler designed Grosvenor Place. The deal – worth $925 million

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Essential services National News 

Ampol servos collect $73.5m

December 1, 2021December 1, 2021 Marc Pallisco

Charter Hall has snapped up a 49 per cent stake in another portfolio of Ampol service stations. The 20 assets

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New South Wales News Office Queensland 

Shayher buying offices in Brisbane, Sydney

November 24, 2021June 5, 2022 Marc Pallisco

Taiwan backed Shayher Group is outlaying over $600 million on east coast office investments. In the biggest deal, the group

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News Queensland Retail 

Fawkner picks up another Queensland shopping centre

November 10, 2021November 10, 2021 Marc Pallisco

Fawkner Property has snapped up another shopping centre from Stockland. Stockland Cairns, on 11.13 hectares at Earlville, is costing $146

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A.C.T. News Office 

Irongate offloads Canberra office

November 5, 2021November 7, 2021 Marc Pallisco

Investec Australia Property Fund managed Irongate Group (IAP) has sold a Canberra office leased to the Attorney General department after

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New South Wales News Office Queensland 

Dexus banking c$1.7b from offices

October 27, 2021October 30, 2021 Marc Pallisco

Dexus is selling six office investments for a speculated total of close to $1.7 billion. Four of the assets –

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New South Wales News Retail 

JY buys Roselands shopping centre stake

October 21, 2021October 21, 2021 Marc Pallisco

JY Group has paid $167 million for a half-stake in Sydney’s Roselands Shopping Centre. Challenger’s CIP Asset Management was the

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News Retail Victoria 

Eastern suburb supermarket fetches $29.3m

October 20, 2021November 4, 2021 Marc Pallisco

A supermarket in the heart of a Blackburn South retail strip has sold for $29.3 million reflecting a 2.46 per

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Industrial New South Wales News 

Dexus purchases Moorebank land for logistics park

October 13, 2021October 19, 2021 Marc Pallisco

Dexus and its managed Industria REIT (Industria) – formerly the APN Industria REIT – have picked up a Moorebank industrial

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News Retail Victoria 

Tenant buys Ringwood car dealership

October 9, 2021October 9, 2021 Marc Pallisco

The operators of Ringwood Mazda have paid $15 million for the dealership and service centre they have occupied for two

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Hotels New South Wales News 

Vineyard Hotel sells for c$70m

October 8, 2021October 11, 2021 Marc Pallisco

The Vineyard Hotel, in Sydney’s outer north west, has sold for c$70 million. On 7.69 hectares at 725 Windsor Road,

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A.C.T. News Office 

Mirae offloads Canberra office

October 6, 2021December 7, 2021 Marc Pallisco

South Korean fund manager Mirae Asset Global Investments is selling a central Canberra office for $335 million. The deal for

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News Queensland Retail 

Greenpool, Qualitas acquire stake in Gold Coast mall

October 6, 2021October 6, 2021 Marc Pallisco

Greenpool Capital and Qualitas have snapped up a half-stake of Gold Coast’s Runaway Bay Centre. The $128 million price reflects

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Industrial News Queensland Victoria 

Aliro strikes deals in Geebung, Laverton North

September 30, 2021November 15, 2021 Marc Pallisco

Aliro Group has snapped up Pickles Auctions’ Geebung office/warehouse, and a neighbouring industrial property, as a value-add play. The $67.75

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New South Wales News Retail 

Link in play for three Sydney shopping centres

September 29, 2021September 30, 2021 Marc Pallisco

Link REIT – Asia’s biggest real estate trust – is in due diligence for a half stake of three Sydney

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New South Wales News Retail 

Bunnings sells unbuilt South Kempsey store

September 28, 2021September 29, 2021 Marc Pallisco

Bunnings has sold its unbuilt South Kempsey store to a Lowe Group managed syndicate on a funds through basis. The

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Industrial News Victoria 

Footwear giant commits to high-tech warehouse

September 21, 2021September 21, 2021 Marc Pallisco

Munro Footwear Group – which turns 60 next year – has pre-committed to a high-tech distribution centre at Charter Hall’s

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News Office South Australia 

Quintessential buys back Adelaide office

September 20, 2021September 21, 2021 Marc Pallisco

Quintessential Equity has bought back an Adelaide office it sold in 2008. The Commonwealth Bank building – 100 King William

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Industrial New South Wales News 

Goodman spends $140m at Clyde

September 19, 2021September 20, 2021 Marc Pallisco

Toplace, directed by local developer Jean Nassif, has sold a Clyde industrial holding to the Goodman Australia Industrial Partnership for

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Industrial News Victoria 

Aliro acquires Tottenham industrial site

September 14, 2021September 16, 2021 Marc Pallisco

Aliro Group has snapped up a prominent Tottenham industrial site from Cadence with plans for an 84,000 square metre logistics

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New South Wales News Office 

Parramatta council snaps up $64m office

September 10, 2021September 17, 2021 Marc Pallisco

The City of Parramatta is paying $64 million for an office abutting its Wentworth Street Car Park. The commercial investment,

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New South Wales News Office 

Sony relocates North Sydney HQ

September 10, 2021September 10, 2021 Marc Pallisco

Sony Australia will relocate its electronics division’s headquarters within North Sydney. The technology giant has leased 1700 square metres –

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New South Wales News Office 

Woolworths’ HQ sells

September 8, 2021October 4, 2021 Marc Pallisco

Singapore investment house AIMS Financial Group, which manages the AIMS APAC REIT – also known as AA REIT – is

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News Retail Western Australia 

Coles, Primewest trade Byford property again

September 7, 2021September 7, 2021 Marc Pallisco

Coles Group has sold a four year old shopping centre to Primewest – the group it bought the land to

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Essential services National News 

HealthCo REIT soars on debut

September 6, 2021September 6, 2021 Marc Pallisco

Home Consortium’s HealthCo Healthcare & Wellness REIT (HCW) listed today. Units in the fund closed at $2.32 – or 16

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Industrial New South Wales News 

Triumph spends $5.3m for HQ

September 6, 2021September 6, 2021 Marc Pallisco

Triumph Furniture has spent $5.3 million on an East Lidcombe showroom, warehouse and office which will dub as its headquarters.

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A.C.T. New South Wales News 

Collective snaps up assets in Albury, Canberra

August 30, 2021September 3, 2021 Marc Pallisco

Findex has sold a Bunnings-converted-retail investment at Albury, near the New South Wales/Victoria border. The Albury Convenience Centre at 618

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Land New South Wales News 

State government banks c$135m from Macquarie Park blocks

August 29, 2021August 30, 2021 Marc Pallisco

Landmark Group is paying Landcom more than $135 million for a 1.85 hectare high-density residential development site in Macquarie Park.

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Industrial News Queensland 

Crane company buys Pinkenba warehouse

August 27, 2021August 27, 2021 Marc Pallisco

Borger Cranes has snapped up a vacant Pinkenba industrial property. The 1.31 hectare site, with 27 car parks at 119

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Industrial New South Wales News 

Bunzl Australasia goes west

August 23, 2021August 23, 2021 Marc Pallisco

ISPT and Aliro have pre-committed Bunzl Australasia to the proposed $200 million Elevation at Greystanes estate, at Pemulwuy, 30 kilometres

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News Queensland Retail 

Elanor sells Queensland shopping centre, reports growth

August 23, 2021August 23, 2021 Marc Pallisco

Elanor Investors Group (ENN) has sold Moranbah Fair Shopping Centre after four years. The deal, with Sentinel, is worth $28

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New South Wales News Retail 

Bayley collects c$22m from south Sydney shopping centre

August 20, 2021August 20, 2021 Marc Pallisco

Bayley Property Group has sold the strata titled Oatley Village Square, in Sydney’s south, for a speculated $22 million. The

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Industrial News Victoria 

ESR locks in logistics group at Truganina

August 19, 2021August 20, 2021 Marc Pallisco

ESR Australia has committed 101 Warehousing to Truganina’s West Industry Park. The deal includes a five year extension on a

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Land News Victoria 

Nick Theodossi, Ross Pelligra buy Subaru Docklands site

August 18, 2021August 19, 2021 Marc Pallisco

Nick Theodossi and Ross Pelligra are paying $50.5 million for a major Fishermans Bend car yard with development upside. The

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Land News Queensland 

Frasers acquires Newstead car park

August 18, 2021August 18, 2021 Marc Pallisco

Frasers Property Australia is paying $16.5 million for a Newstead development site. The 3016 square metre Mixed Use zoned parcel

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New South Wales News Office 

Investor acquires vacant Concord office

August 17, 2021August 17, 2021 Marc Pallisco

A vacant office in Sydney’s west Concord has sold for $11 million to an investor. The three storey building at

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A.C.T. News Office 

Canberra offices trade for c$195m

August 16, 2021August 18, 2021 Marc Pallisco

Real Asset Management is paying $115 million for a recently refurbished, fully leased Canberra office. The deal with Lendlease’s Australian

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Industrial News Victoria 

Makita buys Melbourne distribution centre site

August 16, 2021August 17, 2021 Marc Pallisco

Makita has purchased a six hectare Truganina site with plans for a distribution and service centre. The land forms part

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Industrial National News 

GPT acquiring Ascot industrial, office portfolio

August 15, 2021October 18, 2021 Marc Pallisco

The GPT Group is paying Ascot Capital $681.7 million for a portfolio of 24 investments. Containing a total lettable area

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Industrial News Victoria 

Costway sets up in Australia

August 12, 2021August 14, 2021 Marc Pallisco

E-commerce retailer Costway will establish its first Australian distribution centre at a Truganina facility owned by Lendlease. The tenant is

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News Queensland Retail 

Ganellen picks up Brisbane mall

August 11, 2021August 12, 2021 Marc Pallisco

Recently refurbished shopping centre Kallangur Fair, in Brisbane’s north, has sold for $22.45 million. Sydney based fund manager Ganellen is

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News Retail Victoria 

McMillan lists prominent Melbourne car dealership

August 7, 2021August 9, 2021 Marc Pallisco

McMillan Property Group has listed the prominent Preston Toyota dealership after more than five decades. Leased to Eagers Automotive, the

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Industrial New South Wales News 

Goodman acquires Castrol HQ

July 29, 2021July 29, 2021 Marc Pallisco

Goodman Group is understood to be paying BP Australia $40.2 million for Castrol’s Smithfield headquarters. The 7.16 hectare property, 132

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New South Wales News Retail 

Dan Murphy’s trades for $11.2m

July 27, 2021July 27, 2021 Marc Pallisco

Another Dan Murphy’s backed investment has sold for an eight figure sum – this time in Bathurst. The $11.187 million

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News Office Queensland 

AU purchases $33.5m suburban Brisbane office

July 21, 2021July 22, 2021 Marc Pallisco

Australian Unity has purchased Beenleigh’s first major commercial building since 2011. Due for completion next month, the seven storey investment

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Hotels New South Wales News 

Camden Hotel sold after 16 years

July 15, 2021July 15, 2021 Marc Pallisco

Marlow Hotel Group is paying a speculated $12 million for the Camden Hotel, in Sydney’s outer west. The pub was

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News Retail Victoria 

Haben, JY Group buy Casey Central

July 13, 2021July 14, 2021 Marc Pallisco

A joint venture comprising Haben Property Fund and JY Group is paying $225.018 million – a price reflecting a 5.38

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Industrial News Victoria 

Farm Pride Foods sells HQ

July 12, 2021July 13, 2021 Marc Pallisco

Farm Pride Foods has sold RF Corval its Keysborough headquarters, cold storage facility and distribution centre with a leaseback. The

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News Retail Victoria 

Siricco’s Bourke Street store for sale

July 12, 2021July 13, 2021 Marc Pallisco

The city’s Siricco House of Leather store – a block east of Bourke Street Mall – is for sale with

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News Office Victoria 

Investor outbids developer for permit-ready Box Hill site

July 10, 2021July 10, 2021 Marc Pallisco

A Box Hill office offered permit-ready for a 30-storey mixed-use skyscraper has instead sold to an investor – for $17.158

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News Retail Victoria 

Journey Beyond sells Eureka Skydeck

July 6, 2021July 7, 2021 Marc Pallisco

RF Corval has purchased Melbourne’s Eureka Skydeck. The c$60 million deal includes the level 88 tourist attraction and the full

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New South Wales News Office 

Macquarie Park office/showroom collects $55m

July 4, 2021July 6, 2021 Marc Pallisco

RF Corval has sold a Macquarie Park office for $55 million. The deal, with Charter Hall for its Deep Value

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Industrial News Victoria 

CIL picks up ex-Furniture Galore HQ

June 30, 2021July 19, 2021 Marc Pallisco

Furniture Galore has sold its outgoing headquarters – which also includes a showroom and warehouse – to Centennial Industrial and

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News Office Queensland 

Abacus, Public Trustee of Qld offload Brisbane office

June 22, 2021October 19, 2021 Marc Pallisco

PGIM Real Estate is paying $54.4 million for a Brisbane CBD office. The modernised c1965 structure, 444 Queen Street, was

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Industrial News Victoria 

Consortium lists Spotswood industrial site

June 22, 2021July 5, 2021 Marc Pallisco

A major site beside the West Gate Freeway has been listed by a consortium of private investors. The 1.57 hectare

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News Retail Western Australia 

Perron Group sells Perth mall

June 22, 2021June 23, 2021 Marc Pallisco

Perron Group has sold The Square Mirrabooka after 32 years. The $195 million deal is with Melbourne-based Fawkner Properties, which

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News Retail Victoria 

Genesis opens Emporium showroom

June 18, 2021June 18, 2021 Marc Pallisco

Hyundai-owned luxury car make, Genesis, yesterday opened a 390 square metre showroom within Vicinity Centre’s Emporium Melbourne. The Korean manufacturer

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Industrial National News 

ESR becomes Australia’s third largest industrial owner

June 17, 2021June 18, 2021 Marc Pallisco

ESR Australia today settled on a $3.8 billion purchase of 45 industrial investments – the Milestone collection – and a

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