Camden Hotel sold after 16 years
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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Haben, JY Group buy Casey Central
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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Farm Pride Foods sells HQ
Farm Pride Foods has sold RF Corval its Keysborough headquarters, cold storage facility and distribution centre with a leaseback. The
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Siricco’s Bourke Street store for sale
The city’s Siricco House of Leather store – a block east of Bourke Street Mall – is for sale with
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Investor outbids developer for permit-ready Box Hill site
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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Journey Beyond sells Eureka Skydeck
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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Macquarie Park office/showroom collects $55m
RF Corval has sold a Macquarie Park office for $55 million. The deal, with Charter Hall for its Deep Value
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CIL picks up ex-Furniture Galore HQ
Furniture Galore has sold its outgoing headquarters – which also includes a showroom and warehouse – to Centennial Industrial and
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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
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Consortium lists Spotswood industrial site
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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Perron Group sells Perth mall
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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Genesis opens Emporium showroom
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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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
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GIC, Nuveen offload Myer Melbourne controlling stake
Singapore sovereign fund GIC with Nuveen, a wholly owned subsidiary of the Teachers Insurance and Annuity Association of America, have
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SCA acquires second Newcastle shopping centre in a week
SCA Property Group has purchased its second sub-regional Newcastle shopping centre in a week. Marketown – which turns 10 years
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Growthpoint picks up Sydney Olympic Park office
Growthpoint has agreed to pay $52 million for the leasehold of a six level Sydney Olympic Park office. The deal,
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Active Super expands North Sydney holding
Active Super – which until last month was known as Local Government Super – has outlaid $25 million for a
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Longriver pays $49.2m for prime city corner
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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GIC to open Australian office
Singapore sovereign wealth fund GIC will open an Australian office next year. The landmark Chifley Tower, in Sydney – which
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Architect lists unique city HQ
Architect Omiros Emmanouilides is selling his Melbourne base. The unique property – with a double lock-up garage directly off its
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bp, David Jones split
David Jones has ended its food hall partnership with bp after two years. The pair operated 35 dual branded service
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Perron sells Welshpool investment
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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Australia Post quits city for Burnley
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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Hickory secures Goldfingers for office
Hickory has quietly snapped up the former Goldfingers strip club – and won approval to build a 22 storey office
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Bunnings Young trades at sub-5pc yield
A near new Bunnings outlet at Young – a 375 kilometres drive south west of Sydney – has sold for
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Government commits to balance of Macquarie Park office
In another major suburban Sydney office lease deal – Charter Hall has secured the state government to 8600 square metres
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Silverstone buys underutilised South Brisbane site
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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Metropolitan office markets outlook, 1H2021: 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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Abacus spends $147.7m on shopping centre, self storage
Abacus Property Group is paying a KKR affiliate $103.5 million – book value – for the balance 60 per cent
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Yanchep, Moranbah malls collect c$69m
Two small shopping centres – east and west of the country – have sold in deals worth a total of
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ARA sells Kidman Park cold storage investment
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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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
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Assembly, Harrington pay $43m for childcare centres
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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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
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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
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Patties lists Four’N Twenty, Nanna’s factories
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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ESR banks $32m in west Sydney
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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Capital markets outlook 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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Centuria spends $26.25m on ex-Bunnings
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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Occupier pays $8.1m for Dandenong South site
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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Hiap Hoe secures government to Stirling St
The Department of Communities has leased the bulk of a contemporary Perth office owned by Singapore listed Hiap Hoe. The
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Prominent ex-McEwans for sale
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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CEA consolidates at ex-Boral brickworks
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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Skyscraper signalled for radio station
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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Makris sells two Adelaide shopping centres
Makris Group, founded by veteran developer and investor Con Makris, has sold two prominent Adelaide retail assets. In the biggest
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Federal government signs landmark Adelaide office pre-commitment
Services Australia – known until 2019 as the Department of Human Services – has signed one of Adelaide’s biggest office
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Fife Capital buys Midtown Sydney buildings from publican
Publican Kim Maloney has sold two Sydney CBD offices to asset manager Fife Capital. The deal, speculated to be worth
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Dandenong South warehouses collect $15.5m
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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Former Bunnings Palmerston sold, set for retrofit
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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Neighbouring Wetherill Park warehouses trade for $8.75m
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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Aldi banks $21.1m from vacant Auburn store
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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HealthShare Victoria rents Derrimut warehouse from Primewest
HealthShare Victoria – which Jenny Mikakos unveiled three days before resigning as health minister in September – has rented a
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GPT sells Woolworths-anchored Stapylton distribution centre for $65.52m
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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Ascendas pays Goodman $70.3m for Crestmead logistics investment
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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QIC offloads Bunnings Robina
QIC – which turns 30 next year – has sold a Bunnings investment in Robina, 10 kilometres south of Surfers
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Homes which formed entrance to Malvern’s Seeing Eye Dogs HQ fetch $6.85m
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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Prime Value pays Stockland $89m for four Melbourne retirement villages
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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Stockland outlays $60m for two unbuilt Truganina logistics investments
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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Landream sells 600 Collins St to Hines for c$200m
United States development and investment giant Hines is paying a speculated $200 million for a Melbourne CBD site until recently
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Canberra Raiders score $56m for Bunnings Seven Hills
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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EG outlays $48.75m for Rockdale Bunnings with redevelopment options
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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Ochre Health sells new Caloundra hub for $15.3m with a leaseback
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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HomeCo spends $163m on seven assets – six to seed HealthCo REIT
Home Consortium is spending $163 million on seven east coast investments. Six, worth $131m, are essential services backed and will
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Linfox leases 55,000 sqm at Stockland’s Forrester Distribution Centre
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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GPT sells Lendlease quarter of 1 Farrer Place for $584.6m
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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Curtis, Gonski, Mordant sell Alexandria Bunnings for $70m
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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PBA pockets $54m from under-utilised North Sydney office
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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LWHP pays $353m for six Bunnings investments
Charter Hall managed Long WALE Hardware Partnership (LWHP) – which includes Telstra Super and VFMC as partners – has paid
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Mater buys office, flips it with a leaseback to CQE for $122.5m
An office under construction in Newstead has sold twice on the same day to wind up in the hands of
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Western Sydney Parklands Trust offers Eastern Creek industrial site
Western Sydney Parklands Trust is seeking a development partner, or one to take a ground lease, for all or part
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Singaporean family pays $47.2m for Adelaide CBD office
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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MAB secures PPE supplier RSEA Safety to Clyde North Lifestyle Centre
Personal protective equipment supplier RSEA Safety Australia – a retailer booming throughout COVID-19 conditions – has leased a showroom at
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Golden Age approved to build 27-storey office at 130 Little Collins Street
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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Cadence spends $14m on former Spotswood animal quarantine station
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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Centuria pays Telstra $416.7m for Clayton data centre
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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GPT outlays $34m on Truganina industrial site, seeks pre-commitments
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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Allianz spends $459m on two Carlton student accommodation assets
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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Chandru Tolani, Sanjay Kumar offload half vacant Parramatta office for nearly $40m
An eight storey office in central Parramatta has sold for just over twice the price it last traded for, in
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Petrol stations collect $14.5m from investors, developer
Three east coast service station investments sold on Wednesday while last week, a developer purchased a redundant one on a
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Qube pre-commits Woolworths to neighbouring distribution centres at Moorebank Logistics Park
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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