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News Retail Victoria 

GIC, Nuveen offload Myer Melbourne controlling stake

June 16, 2021July 1, 2021 Marc Pallisco

Singapore sovereign fund GIC with Nuveen, a wholly owned subsidiary of the Teachers Insurance and Annuity Association of America, have

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New South Wales News Retail 

SCA acquires second Newcastle shopping centre in a week

June 16, 2021June 22, 2021 Marc Pallisco

SCA Property Group has purchased its second sub-regional Newcastle shopping centre in a week. Marketown – which turns 10 years

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New South Wales News Office 

Growthpoint picks up Sydney Olympic Park office

June 14, 2021June 14, 2021 Marc Pallisco

Growthpoint has agreed to pay $52 million for the leasehold of a six level Sydney Olympic Park office. The deal,

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New South Wales News Office 

Active Super expands North Sydney holding

June 13, 2021June 14, 2021 Marc Pallisco

Active Super – which until last month was known as Local Government Super – has outlaid $25 million for a

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Land News Victoria 

Longriver pays $49.2m for prime city corner

June 4, 2021June 7, 2021 Marc Pallisco

Longriver has purchased a collection of CBD buildings covering the south east corner of Lonsdale and Russell streets. The off-market

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National News 

GIC to open Australian office

June 2, 2021June 2, 2021 Marc Pallisco

Singapore sovereign wealth fund GIC will open an Australian office next year. The landmark Chifley Tower, in Sydney – which

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News Office Victoria 

Architect lists unique city HQ

May 31, 2021May 31, 2021 Marc Pallisco

Architect Omiros Emmanouilides is selling his Melbourne base. The unique property – with a double lock-up garage directly off its

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New South Wales News Retail Victoria 

bp, David Jones split

May 29, 2021May 31, 2021 Marc Pallisco

David Jones has ended its food hall partnership with bp after two years. The pair operated 35 dual branded service

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Industrial News Western Australia 

Perron sells Welshpool investment

May 29, 2021May 29, 2021 Marc Pallisco

Perron Group has sold a Welshpool industrial investment to an owner occupier. The 1.12 hectare property with 4099 square metres

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News Office Victoria 

Australia Post quits city for Burnley

May 21, 2021May 27, 2021 Marc Pallisco

Australia Post will relocate its headquarters to Melbourne’s inner east Burnley. A company spokesperson confirmed the move to 480 Swan

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News Office Victoria 

Hickory secures Goldfingers for office

May 20, 2021January 12, 2023 Marc Pallisco

Hickory has quietly snapped up the former Goldfingers strip club – and won approval to build a 22 storey office

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New South Wales News Retail 

Bunnings Young trades at sub-5pc yield

May 18, 2021May 27, 2021 Marc Pallisco

A near new Bunnings outlet at Young – a 375 kilometres drive south west of Sydney – has sold for

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New South Wales News Office 

Government commits to balance of Macquarie Park office

May 18, 2021May 29, 2021 Marc Pallisco

In another major suburban Sydney office lease deal – Charter Hall has secured the state government to 8600 square metres

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News Office Queensland 

Silverstone buys underutilised South Brisbane site

May 16, 2021May 29, 2021 Marc Pallisco

Silverstone Developments has paid $11.5 million for a South Brisbane office/warehouse with high rise upside. The purchaser paid cash for

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National News Spotlight 

Metropolitan office markets outlook, 1H2021: Colliers

May 15, 2021May 15, 2021 Colliers

Twelve months ago, the Australian office workforce was very much settled into the work-from-home routine and many questions were being

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New South Wales News Queensland South Australia 

Abacus spends $147.7m on shopping centre, self storage

May 3, 2021July 6, 2021 Marc Pallisco

Abacus Property Group is paying a KKR affiliate $103.5 million – book value – for the balance 60 per cent

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News Queensland Western Australia 

Yanchep, Moranbah malls collect c$69m

April 27, 2021April 27, 2021 Marc Pallisco

Two small shopping centres – east and west of the country – have sold in deals worth a total of

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News South Australia 

ARA sells Kidman Park cold storage investment

April 27, 2021April 27, 2021 Marc Pallisco

ARA Logos Logistics Trust is selling a Kidman Park cold storage investment for $41.5 million. The 11.92 hectare facility at

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News Victoria 

Prominent Melbourne office expecting $90m-plus

April 12, 2021April 12, 2021 Marc Pallisco

Hotel Grand Central, which acquired one of Melbourne’s highest profile offices from Victoria University in 2013, is selling. The upper

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New South Wales News 

Assembly, Harrington pay $43m for childcare centres

March 29, 2021March 29, 2021 Marc Pallisco

Assembly Funds Management and Harrington Property Funds Management are paying $42.95 million for six north west Sydney childcare centres. The

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News Queensland 

AsheMorgan outlays $210m for Brisbane office

March 25, 2021June 22, 2021 Marc Pallisco

The Pidgeon family has sold a Brisbane CBD office after nine years, a renovation and extension. The 20-level tower at

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New South Wales News 

LOGOS, Qube strike $1.67b Moorebank deal

February 25, 2021July 5, 2021 Marc Pallisco

LOGOS Property Group will pay Qube Holdings $1.67 billion for Moorebank Logistics Park, in Sydney’s west. The deal buys the

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News Victoria 

Patties lists Four’N Twenty, Nanna’s factories

February 24, 2021February 24, 2021 Marc Pallisco

Patties Foods has listed two Victorian properties with 30-year leasebacks. The offering includes the 15.83 hectare factory where Four’N Twenty

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New South Wales News 

ESR banks $32m in west Sydney

February 24, 2021February 24, 2021 Marc Pallisco

ESR Australia has sold an office/warehouse in Sydney’s west. The Fairfield East property, 44-46 Mandarin Street, is trading to a

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National News Spotlight 

Capital markets outlook 2021: Colliers

February 24, 2021February 24, 2021 Colliers

The pandemic has had deep economic ramifications across the globe during 2020. This economic slow-down is evident through the fall

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New South Wales News 

Centuria spends $26.25m on ex-Bunnings

February 23, 2021February 23, 2021 Marc Pallisco

Centuria Industrial REIT (CIP) is the latest group to pick up an ex-Bunnings outlet. The manager is spending $26.25 million

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News Victoria 

Occupier pays $8.1m for Dandenong South site

February 19, 2021February 20, 2021 Marc Pallisco

An interstate building product supplier has paid $8.1 million for a 1.6 hectare site at Chadwick Investments’ Colemans Road Industrial

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News Western Australia 

Hiap Hoe secures government to Stirling St

February 15, 2021February 15, 2021 Marc Pallisco

The Department of Communities has leased the bulk of a contemporary Perth office owned by Singapore listed Hiap Hoe. The

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News Victoria 

Prominent ex-McEwans for sale

February 8, 2021February 9, 2021 Marc Pallisco

A high-profile Melbourne showroom beside the Metropolitan Ring Road at Thomastown is for sale after 37 years. The ex-McEwans at

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News Queensland 

CEA consolidates at ex-Boral brickworks

February 6, 2021February 6, 2021 Marc Pallisco

Construction Equipment Australia has pre-committed to a multi-use facility at a business park replacing Darra’s Boral brickworks. The capital equipment

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News Queensland 

Skyscraper signalled for radio station

February 4, 2021February 4, 2021 Marc Pallisco

Charter Hall with Canada’s QuadReal is paying a speculated $65 million for the Brisbane CBD property which housed radio stations

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News South Australia 

Makris sells two Adelaide shopping centres

February 1, 2021February 1, 2021 Marc Pallisco

Makris Group, founded by veteran developer and investor Con Makris, has sold two prominent Adelaide retail assets. In the biggest

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News South Australia 

Federal government signs landmark Adelaide office pre-commitment

January 28, 2021December 15, 2021 Marc Pallisco

Services Australia – known until 2019 as the Department of Human Services – has signed one of Adelaide’s biggest office

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New South Wales News 

Fife Capital buys Midtown Sydney buildings from publican

January 26, 2021January 27, 2021 Marc Pallisco

Publican Kim Maloney has sold two Sydney CBD offices to asset manager Fife Capital. The deal, speculated to be worth

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News Victoria 

Dandenong South warehouses collect $15.5m

January 21, 2021July 25, 2024 Marc Pallisco

An investment in Dandenong South – considered Melbourne’s most exclusive industrial region outside of the inner-city to rent or buy

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N.T. News 

Former Bunnings Palmerston sold, set for retrofit

January 20, 2021January 20, 2021 Marc Pallisco

Another ex-Bunnings has sold to a developer intending to retrofit it as an industrial estate. Two Palmerston Circuit, Palmerston, 20

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New South Wales News 

Neighbouring Wetherill Park warehouses trade for $8.75m

January 19, 2021January 19, 2021 Marc Pallisco

An occupier is paying $8.75 million-ex GST for neighbouring Wetherill Park warehouses. Spreading over 8300 square metres, 4 and 5

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New South Wales News 

Aldi banks $21.1m from vacant Auburn store

January 4, 2021January 4, 2021 Marc Pallisco

Aldi has sold a retail complex it used to anchor in Sydney’s west Auburn. The ex-Coles on 3889 sqm at

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News Victoria 

HealthShare Victoria rents Derrimut warehouse from Primewest

December 28, 2020December 28, 2020 Marc Pallisco

HealthShare Victoria – which Jenny Mikakos unveiled three days before resigning as health minister in September – has rented a

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News Queensland 

GPT sells Woolworths-anchored Stapylton distribution centre for $65.52m

December 24, 2020January 4, 2021 Marc Pallisco

The GPT Group has sold a multi-tenanted Stapylton industrial investment to APN Industria REIT for $65.52 million, reflecting a 5.67

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News Queensland 

Ascendas pays Goodman $70.3m for Crestmead logistics investment

December 24, 2020December 24, 2020 Marc Pallisco

Ascendas Real Estate Investment Trust (Ascendas Reit) is paying Goodman $70.3 million for an unbuilt industrial investment in Crestmead, a

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News Queensland 

QIC offloads Bunnings Robina

December 24, 2020December 24, 2020 Marc Pallisco

QIC – which turns 30 next year – has sold a Bunnings investment in Robina, 10 kilometres south of Surfers

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News Victoria 

Homes which formed entrance to Malvern’s Seeing Eye Dogs HQ fetch $6.85m

December 20, 2020December 20, 2020 Marc Pallisco

Two homes which formed the entrance to Malvern’s former Lady Nell Seeing Eye Dog School and Rehabilitation Centre, have sold

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News Victoria 

Prime Value pays Stockland $89m for four Melbourne retirement villages

December 18, 2020July 19, 2021 Marc Pallisco

Stockland has offloaded four retirement villages to Melbourne’s Prime Value Asset Management which has appointed Centennial Living to operate them.

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News Victoria 

Stockland outlays $60m for two unbuilt Truganina logistics investments

December 17, 2020December 21, 2020 Marc Pallisco

Stockland is continuing to push into Melbourne’s western suburb logistics space outlaying $60 million for two unbuilt Truganina warehouses. The

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News Victoria 

Landream sells 600 Collins St to Hines for c$200m

December 16, 2020December 16, 2020 Marc Pallisco

United States development and investment giant Hines is paying a speculated $200 million for a Melbourne CBD site until recently

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New South Wales News 

Canberra Raiders score $56m for Bunnings Seven Hills

December 12, 2020December 13, 2020 Marc Pallisco

HomeCo is paying $56 million to a trust set up by Canberra Raiders’ parent for Bunnings Seven Hills. The 2.23

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New South Wales News 

EG outlays $48.75m for Rockdale Bunnings with redevelopment options

December 12, 2020December 13, 2020 Marc Pallisco

EG is spending $48.75 million on Rockdale’s Bunnings with plans for an industrial redevelopment if the occupier quits upon its

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News Queensland 

Ochre Health sells new Caloundra hub for $15.3m with a leaseback

December 12, 2020December 12, 2020 Marc Pallisco

Ochre Health has sold a new Caloundra medical centre with a leaseback for $15.3 million. The 1964 square metre double

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New South Wales News Queensland Victoria 

HomeCo spends $163m on seven assets – six to seed HealthCo REIT

December 4, 2020December 4, 2020 Marc Pallisco

Home Consortium is spending $163 million on seven east coast investments. Six, worth $131m, are essential services backed and will

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New South Wales News 

Linfox leases 55,000 sqm at Stockland’s Forrester Distribution Centre

December 2, 2020December 3, 2020 Marc Pallisco

Asia Pacific’s largest privately owned logistics company, Linfox, has signed a landmark lease at Stockland’s Forrester Distribution Centre in Sydney’s

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New South Wales News 

GPT sells Lendlease quarter of 1 Farrer Place for $584.6m

December 2, 2020December 2, 2020 Marc Pallisco

The GPT Group has sold its quarter interest in a multi-building Sydney CBD office investment to a co-owner, the Lendlease

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New South Wales News 

Curtis, Gonski, Mordant sell Alexandria Bunnings for $70m

December 1, 2020February 8, 2021 Marc Pallisco

Charter Hall is paying $70 million for an outgoing Bunnings outlet on 1.9 hectares near Sydney Airport with plans to

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New South Wales News 

PBA pockets $54m from under-utilised North Sydney office

November 25, 2020December 7, 2020 Marc Pallisco

Property Bank Australia (PBA) has sold an under-rented office with development upside in North Sydney for $54 million to Western

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New South Wales News Queensland South Australia Victoria 

LWHP pays $353m for six Bunnings investments

November 17, 2020November 20, 2020 Marc Pallisco

Charter Hall managed Long WALE Hardware Partnership (LWHP) – which includes Telstra Super and VFMC as partners – has paid

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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 

Western Sydney Parklands Trust offers Eastern Creek industrial site

September 23, 2020September 26, 2020 Marc Pallisco

Western Sydney Parklands Trust is seeking a development partner, or one to take a ground lease, for all or part

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News South Australia 

Singaporean family pays $47.2m for Adelaide CBD office

August 26, 2020August 26, 2020 Marc Pallisco

Local syndicate Southern Cross Investment Group has sold National Australia Bank’s Adelaide CBD headquarters to a Singaporean family for $47.2

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News Victoria 

MAB secures PPE supplier RSEA Safety to Clyde North Lifestyle Centre

August 10, 2020August 10, 2020 Marc Pallisco

Personal protective equipment supplier RSEA Safety Australia – a retailer booming throughout COVID-19 conditions – has leased a showroom at

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News Victoria 

Golden Age approved to build 27-storey office at 130 Little Collins Street

August 8, 2020August 12, 2020 Marc Pallisco

Melbourne’s CBD is prepped for an office building burst with two projects recently approved and another set to start construction

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News Victoria 

Cadence spends $14m on former Spotswood animal quarantine station

August 7, 2020August 8, 2020 Marc Pallisco

EXCLUSIVE Charlie Buxton’s Cadence Property Group has purchased the Spotswood Animal Quarantine Station for $14 million. The 3.8 hectare site

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News Victoria 

Centuria pays Telstra $416.7m for Clayton data centre

August 5, 2020August 7, 2020 Marc Pallisco

Telstra has sold a multi-building data centre in Clayton with a leaseback to Centuria Industrial REIT (CIP). The $416.7 million

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News Victoria 

GPT outlays $34m on Truganina industrial site, seeks pre-commitments

July 15, 2020July 16, 2020 Marc Pallisco

GPT Group has paid $34 million for a farm in Melbourne’s west, with plans for a state-of-the-art industrial estate. The

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News Victoria 

Allianz spends $459m on two Carlton student accommodation assets

June 30, 2020June 30, 2020 Marc Pallisco

Allianz Real Estate is reportedly snapping up two modern student accommodation towers in Melbourne’s inner north Carlton. The investments formed

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New South Wales News 

Chandru Tolani, Sanjay Kumar offload half vacant Parramatta office for nearly $40m

June 28, 2020June 28, 2020 Marc Pallisco

An eight storey office in central Parramatta has sold for just over twice the price it last traded for, in

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New South Wales News Queensland Victoria 

Petrol stations collect $14.5m from investors, developer

June 26, 2020June 26, 2020 Marc Pallisco

Three east coast service station investments sold on Wednesday while last week, a developer purchased a redundant one on a

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New South Wales News 

Qube pre-commits Woolworths to neighbouring distribution centres at Moorebank Logistics Park

June 24, 2020July 4, 2020 Marc Pallisco

Qube has pre-committed Woolworths to two automated logistics centres, set to neighbour each other and be connected by an air

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New South Wales News 

Primewest pays Woolworths $34.75m for Spring Farm Shopping Centre

June 19, 2020June 19, 2020 Marc Pallisco

Woolworths has sold another modern shopping centre investment, this time in Sydney’s south west Spring Farm, banking $34.75 million. The

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News Victoria 

ARA Asset Management proposes 21-level office as part of $800m Southgate makeover

June 1, 2020June 2, 2020 Marc Pallisco

ARA Australia, the local arm of Singapore’s listed ARA Asset Management, intends to build a 21-level office as part of

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News Victoria 

Mirvac applies to build 31-storey office beside Melbourne’s historic Royal Mint

May 8, 2020May 10, 2020 Marc Pallisco

Mirvac has applied to replace Australian Federal Police’s long-time and low-rise Victorian headquarters – 383 La Trobe Street, near the

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News Queensland 

Sentinel, Ascot offload new Crestmead industrial investment for $15.5m

April 28, 2020May 13, 2020 Marc Pallisco

EXCLUSIVE Sentinel Property Group and Ascot Capital Limited have sold a new purpose built industrial warehouse in Brisbane’s south Crestmead.

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News Victoria 

Austpac Logistics leases landmark Derrimut warehouse

April 24, 2020December 22, 2021 Marc Pallisco

Austpac Logistics has leased a modern distribution centre with corporate quality offices in Derrimut, about 17 kilometres west of Melbourne’s

Read more
New South Wales News 

Hino signs 10-year lease at Frasers Property Industrial’s Horsley Park estate

April 21, 2020April 22, 2020 Marc Pallisco

EXCLUSIVE Hino Motor Sales Australia, the local entity of the Japanese truck maker which is a subsidiary of Toyota Motor

Read more
News Victoria 

Dexus, GIC pay $644 million for half share of Rialto Melbourne

April 6, 2020April 7, 2020 Marc Pallisco

Dexus and Singapore sovereign wealth fund Government Investment Corporation are paying Kuwait’s St Martins Property $644 million for a half

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News South Australia 

Con Makris banks c$35 million selling Adelaide’s Newton Village Shopping Centre to Revelop

March 25, 2020April 1, 2020 Marc Pallisco

Parramatta based Revelop – a boutique developer and investor directed by Charbel Hazzouri and Anthony El-Hazouri – is paying one

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News Victoria 

Konfir Kabo banks $6 million-plus selling Gisborne service station after three hours

March 24, 2020September 26, 2020 Marc Pallisco

Three hours was what it took to seal a $6 million-plus deal for a service station in Melbourne’s north-west Gisborne.

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New South Wales News 

Factory Fast pays $7.95 million for Smithfield warehouse

March 11, 2020March 11, 2020 Marc Pallisco

Factory Fast has paid $7.95 million for a modernised office warehouse in Sydney’s west Smithfield. The online DIY and renovation

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News Queensland 

Keperra’s Great Western Super Centre sells for $84.5 million

March 5, 2020March 5, 2020 Marc Pallisco

Consolidated Properties Group and CVS Lane Capital Partners are paying $84.5 million for the Great Western Super Centre in Keperra,

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A.C.T. New South Wales News Queensland Victoria 

Tranche of 18 service stations net 7-Eleven owners $78.2 million

February 27, 2020February 27, 2020 Marc Pallisco

A portfolio of 18 7-Eleven outlets offered as sale and leaseback investments traded for $78.2 million to separate buyers at

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News Victoria 

Hub Australia leases fourth Melbourne premises at Dexus’ Ball and Welch

February 13, 2020February 13, 2020 Marc Pallisco

Hub Australia has leased its fourth Melbourne premises and eighth nationally. The co-work office provider has committed to space on

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