Syndicate snares farm abutting Western Sydney International
A gateway industrial development site at the south west tip of the Western Sydney International Airport, which is under construction,
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Fund managers swoop on Bundaberg shopping centre
QIC has sold Bundaberg’s Hinkler Central for $107 million – a modest paper loss on the $110m it paid eight
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Lendlease divests Port Macquarie’s biggest mall
Lendlease has offloaded another asset in its open-ended unlisted convenience retail based Sub-Regional Retail Fund. Settlement City, Greater Port Macquarie’s
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ESR buys into Badgerys Creek
ESR Australia has forged into the burgeoning Badgerys Creek industrial market, snaring a 17 hectare site for $70 million. On
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Major Beveridge housing estate sites hit the market
Two major housing estate sites at Beveridge – which has had a raised profile since the federal government recently acquired
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Shakespeare checks out of Canberra hotel
Sydney based fund manager Serene Capital has snapped up an office converted hotel, five kilometres south of Canberra’s parliamentary precinct
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IJ Capital swoops on ex-Woolies with bigger development plan
Ray White Capital and State Development Corporation have sold a central Toowong site permit-ready for a $450 million project to
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Two buyers swoop on new convenience retail investment
Arise Developments has sold two new neighbouring convenience retail investments – part of a master-planned town centre in the Whiteman
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Bank lists proposed Porter Davis housing estate
The Commonwealth Bank of Australia, as receiver for some of Porter Davis’ properties, has listed a low density residential development
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Pellicano banks $20m selling down bulky goods investment
Pellicano Group has sold the last of five subdivided assets created out of a Sunshine Coast bulky goods centre it
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Petrol tsar buys Broadmeadows Central stake
Vicinity has sold a half stake in another mall – this time Broadmeadows Central, in Melbourne’s north. The interest in
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Oreana snares riverfront housing estate site
EXCLUSIVE Oreana Property Group has bought a low density housing estate site at Wyndham Vale, a growth corridor suburb 31
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Raptis buys Central Coast shopping centre
The Raptis Group has snapped up the Deepwater Plaza, in Woy Woy, from Dexus. The $111 million off-market deal, speculated
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Haben buys stake in FNQ mall
Another asset forming part of the AMP Shopping Centre Fund – the management of which was recently taken over by
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Oreana secures major northern housing site
Oreana Property Group has quietly bought into a low density housing estate at Donnybrook, a growth corridor suburb 30 kilometres
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Mirvac, Revelop trade another Sydney mall
Revelop has purchased its second Sydney retail investment from Mirvac in 12 months. The Parramatta based investor and developer, led
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Bob Johnston to quit GPT
The GPT Group chief executive officer and managing director, Bob Johnston (pictured, top), will retire by the end of the
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Leather carer to develop distribution centre
Shoe and leather care product maker Waproo will develop a distribution centre on a Truganina site it just acquired for
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Camillo mall sells to fund manager owners
Mina and Scott O’Neill, who head investment house Rethink, have snapped up a retail and essential services investment at Camillo
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Box Hill site fetches $200m from developer
The McCall Community Gardens Foundation has sold 30.9 hectares around its historic Box Hill House. The north west Sydney growth
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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
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Leda lists ex-Johnson & Johnson HQ
Leda Holdings has listed the former Johnson & Johnson manufacturing headquarters at Caringbah, after a repositioning. The cream brick Art
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Summerset makes it seven in Australia
Summerset Group Holdings has snapped up its seventh Australian property, at Drysdale, east of Geelong, for a speculated $35 million.
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Former ‘Bond Tower’ trades for $340m
Lendlease and Realside are picking up one of Perth’s most prominent office skyscrapers – developed in the late 1980s by
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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
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Ingenia buys Cairns, Melbourne LLC sites
Ingenia Communities Group (INA) has spent $28.5 million on metropolitan Cairns and Melbourne sites with plans for major land lease
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Gateway WSA site hits the market
An enormous commercial development site opposite the south west boundary of the Western Sydney Airport, at Luddenham, has hit the
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Developer secures Brunswick warehouses
Wulff Projects has snapped up a central Brunswick industrial site which has in recent years been the subject of a
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Developers swoop on Clyde farms
Two low density residential development sites at Clyde have sold to builders familiar with the area. In the biggest deal,
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Avid joins Pakenham housing rush
Avid Property Group is speculated to be paying more than $60 million for a major Pakenham residential development site. The
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ISPT snares growth corridor employment site
ISPT is paying just over $100 million for an Officer South horse stud recently rezoned for commercial development. The deal
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ICD scoops up infill townhouse site
ICD Land has outlaid over $50 million for a medium density housing block in Melbourne’s west. The 5.295 hectare parcel,
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Coronation spends $315m on city fringe
Coronation Property has added another inner-city development site to its book. The five hectare former industrial investment at 57 Ashmore
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GPT swoops on North Sydney offices
The GPT Wholesale Office Fund (GWOF) is speculated to be outlaying c$185 million for neighbouring North Sydney offices, with development
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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
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Royal Freemasons sell Armstrong Creek site
Royal Freemasons Homes of Victoria has sold a prominent Armstrong Creek site held for five years. At 45-67 Central Boulevard,
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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
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RMA leases Mickleham warehouse
Dexus is the latest landlord to be rewarded for building a large warehouse on a speculative basis, securing a lease
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Cromwell swoops on Adelaide office
Cromwell has picked up another CBD office for its Diversified Property Fund, this time in Adelaide. Chesser House at 91-97
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Sekisui House spends $104m on north west Sydney residential site
Sekisui House is paying $104 million for a master-planned housing estate site (image, top) at Norwest, at the Baulkham Hills
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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
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Argus offloads Gold Coast’s Metro Market
Sydney fund manager Argus Property Partners is continuing to reweight its portfolio, divesting a Gold Coast shopping centre after seven
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Oreana lists Kallo Town Centre
Oreana Property Group is selling the Kallo Town Centre, set to replace a piece of the former Lockerbie sheep station,
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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
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IJ Capital exits Gold Coast mall
IJ Capital has sold a Gold Coast mall after two years and a renovation. Benowa Gardens, at Benowa, four kilometres
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Daryl Browning quits ISPT
Daryl Browning will step down as ISPT chief executive officer after 17 years. In a statement, chair Rosemary Hartnett said
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ID_Land invests again in south east Melbourne
ID_Land is paying $140 million for a housing estate site at Clyde, in Melbourne’s south east. The 59.16 hectare parcel,
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ESR fills first speculative Queensland project
ESR Australia has leased its first speculative Queensland project – at Willawong, south of Brisbane. The 12,800 square metre building
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Former Toll exec banks $128.5m from industrial investments
Lyall McLachlan, who in 1985 teamed with Paul Little and Peter and Mark Rowsthorn to acquire Toll Holdings, has sold
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Stadia buys Harry Seidler designed North Sydney office
Stadia Capital is paying over $80 million for North Sydney’s seven level Simsmetal House. The heritage protected Harry Seidler designed
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QIC offloading Gold Coast mall
IP Generation is speculated to be paying c$200 million for a half stake in both Westfield Helensvale and the neighbouring
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Keppel purchases North Sydney office
Third.i.Group and Phoenix Property Investors have sold an unbuilt North Sydney office to Lendlease, which has flipped it as a
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East coast childcare centres collect c$50m
Four childcare centres offered as part of a bulk auction event sold today for a total of nearly $41 million.
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Lester Group spends $28.5m in Rockingham
Perth based fund manager Lester Group has swooped on a bulky goods/office investment between two of Western Australia’s fastest growing
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A2B, Addenbrooke sign Alexandria land swap, office deal
A2B Australia, responsible for brands including 13Cabs and Cabcharge, will hand over its Alexandria base to Addenbrooke which will build
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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
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Cedar Woods adds coastal Perth site to pipeline
Cedar Woods Properties has paid $49.5 million for a low density housing site in Eglinton, a coastal town about 45
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Former footballer lists unbuilt Carl Jr
Footballer turned property developer Andrew Welsh has listed a Carl Jr restaurant under construction at Armstrong Creek. The investment –
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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
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Oreana purchases Armstrong Creek bulky goods site
Oreana has picked up a commercial development site opposite the Warralily Shopping Centre, at Armstrong Creek. The 1.28 hectare parcel,
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Spotlight buys into Hervey Bay with development plan
Bunnings has quietly sold the prime Hervey Bay site it picked up 11 years ago to keep then-rival Masters out.
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GPT divests Wollongong Central after 25 years
Haben intends to seed a fund with a Wollongong shopping centre and office it is picking up for $402 million.
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Greenpool, Qualitas acquire stake in Gold Coast mall
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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Satterley acquires Tarneit housing site
Satterley is continuing to replenish its Melbourne development pipeline, picking up a permit-ready Tarneit site from New Sky Group. The
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Bunnings lists Hervey Bay store
Bunnings is offering another unbuilt outlet – this time in Hervey Bay. The hardware chain can expect about $55 million
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QIC picks up near-new Craigieburn mall
QIC has picked up the two year old Craigieburn Junction homemaker centre, in Melbourne’s north. The $135 million deal is
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Jinding snaps up Kilmore housing block
Jinding Developments has snapped up another site on Melbourne’s outskirts with plans for a low density housing estate. At Quinns
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Isaac swoops on Cranebrook block
Convenience retail developer Isaac Property has swooped on a site in Sydney’s outer west Cranebrook. The 1.49 hectare parcel, 1
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Fawkner spends $162.5m on Mackay mall
Fawkner Property is paying $162.5 million for Mackay’s Mount Pleasant Centre. The deal with Vicinity Centres, which manages the asset
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Aspen acquires regional retirement village
Aspen is paying Gannon Lifestyle Communities $6.01 million for the part-developed Wodonga Gardens Retirement Estate. The 8.8 hectare property, 2
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Howler trades for $4m
The warehouse-converted Brunswick bar occupied by Howler has sold for $4 million. The price for 16 Michael Street – two
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MA picks up Bundaberg shopping centre
MA Financial has purchased another shopping centre, this time in Queensland. Stockland Bundaberg at 115-119 Takalvan Street, Avoca, is costing
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Mintus acquires Gladesville business park with upside
Mintus has snapped up a gateway Sydney business park with short and medium term development upside. The diversified investor is
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Cbus, Galileo partner for lux North Sydney apartments
Cbus Property, with Galileo Group as minority partner, is purchasing one of North Sydney’s last low-scale residential blocks with plans
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Hines buys first Australian Build to Rent site
Hines has chosen Brunswick for its first Australian Build to Rent project. The US-based developer and investor is paying $16.5
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CostaFox pitches luxury Rippleside project
CostaFox Developments is promising a “luxury project that Geelong has not seen before” on a waterfront Rippleside site picked up
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Intaj Khan buys block for essential services project
Countryland Australia, led by former Wyndham councillor Intaj Khan, has acquired a block near Tarneit train station, with plans for
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Glenvill, Qualitas secure ex-Banksia La Trobe college
The City of Banyule will sell the former Banksia La Trobe Secondary College and adjoining sites to Glenvill Group. The
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Makita buys Melbourne distribution centre site
Makita has purchased a six hectare Truganina site with plans for a distribution and service centre. The land forms part
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Developers trade Wantirna South funeral home
The China based developer which paid Allison Monkhouse directors $10.15 million for a prominent Wantirna South funeral home four years
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