Costway sets up in Australia
E-commerce retailer Costway will establish its first Australian distribution centre at a Truganina facility owned by Lendlease. The tenant is
Read moreE-commerce retailer Costway will establish its first Australian distribution centre at a Truganina facility owned by Lendlease. The tenant is
Read moreSightStone has sold its master-planned Radiance housing estate site for c$100 million. The deal comes four years since the developer
Read moreMirvac is understood to be paying c$70 million for a low-density housing site at Clyde North. The 30 hectare irregular
Read moreNippon Telegraph and Telephone Corporation is understood to be paying more than $100 million for a low density housing site
Read moreLeda Holdings has paid $57 million for the North Rocks Business Park. On 4.68 hectares at 19-21 Loyalty Road, the
Read moreBrown Property Group is speculated to be paying over $230 million for another housing estate site, in Melbourne’s south east
Read moreA joint venture comprising Haben Property Fund and JY Group is paying $225.018 million – a price reflecting a 5.38
Read moreRF Corval has sold a Macquarie Park office for $55 million. The deal, with Charter Hall for its Deep Value
Read moreLester Group has sold a Belmont office and nearby open-air car park for $22 million. The investor paid $19.1m for
Read moreActive Super – which until last month was known as Local Government Super – has outlaid $25 million for a
Read moreInvesta in conjunction with Oxford Properties, has launched a Build to Rent management platform for its Australian portfolio – expected
Read moreSatterley Property Group is speculated to be paying $68 million for another low density housing site in Melbourne’s outer north.
Read moreRevered chef Neil Perry has rented a food court space at Stockland Piccadilly, in Pitt Street, for his Hope Delivery
Read moreESR and Goldman Sachs are understood to have sold a government-backed Brisbane CBD office to Hines. The State Law Building
Read moreParklea director Andrew Facey with Premier Building Group’s Greg Kilner have sold a low-density housing block in Melbourne’s south east
Read moreTwo low-density residential development sites each side of the city have sold off-market for a total of c$118 million. In
Read moreA small low-density housing site wedged between larger estates controlled by Dahua and LLT Developments has sold for $4.5 million.
Read moreSatterley Property Group – which turned 40 last year – has snapped up a prominent, relatively small residential development site,
Read moreFrasers Property Australia has sold the three hectare tract earmarked to be the town centre at its The Grove housing
Read moreRenewal SA has awarded Quintessential Equity the contract to build and own a 16-level office overlooking Adelaide Botanic Garden. The
Read moreThe pandemic has had deep economic ramifications across the globe during 2020. This economic slow-down is evident through the fall
Read moreEG has purchased a west Sydney industrial investment for a trust it launched last week and closed oversubscribed in 72
Read moreLendlease chief executive Steve McCann will retire in June. Asia CEO Tony Lombardo (pictured, top) will replace him. Colleagues Kylie
Read moreGoodman Group has sold a Macquarie Park office which reached practical completion late last year. The $144 million deal for
Read moreMelbourne Water is selling South Morang land 300 metres from the near-new Middle Gorge train station. The 2.8 hectare irregular
Read moreQuintessential Equity has sealed its biggest industrial lease deal yet – with Visy, at Port Adelaide Distribution Centre. The tenant
Read morePrime Value has purchased another Melbourne commercial property, this time an office, in Hawthorn. Eleven-23 Burwood Road is costing $17.5m
Read moreGreystar is paying Chip Eng Seng subsidiary CEL Australia $65 million for a South Melbourne site permitted for 722 apartments
Read moreAn offshore investor with a residential property portfolio – including in Australia at the Gold Coast – has made his
Read moreAscendas Real Estate Investment Trust (Ascendas Reit) is spending $288.9 million on another Macquarie Park commercial investment. The campus complex
Read moreSydney based Mirvac has unveiled three projects of varying budgets in the capitals north and south of it. In Melbourne’s
Read moreA Brisbane investor seeking an IGA-anchored retail asset found one, 970 kilometres north in Mackay, and paid $10.4 million. Mackay
Read moreThe Catholic Diocese of Broken Bay and Lower North Shore Parish is seeking a development partner to replace ex-school buildings
Read moreThe children and grandchildren of late Sir Cecil Looker have listed a 434 hectare Beveridge property held by the family
Read morePrimewest is paying $15.1 million for the Tamworth Lifestyle Centre, the fourth asset for its Diversified Income Trust 4 (PDIT4).
Read moreA permit-ready childcare centre site at the edge of Frasers Property Australia’s Greenvale Gardens housing estate, in Melbourne’s north, has
Read moreA housing estate block at what will long term be a busy western suburb intersection has sold to a local
Read moreMajor Caterpillar distributor Hastings Deering has sold a Brisbane industrial development site for $41.5 million. The Willawong property at 182
Read moreFrasers Property Industrial and Winten Property Group are selling an unbuilt office at their proposed Macquarie Exchange business park to
Read moreFrasers Property Australia will replace a Clyde North dairy farm with 1600 dwellings and 6000 square metre town centre after
Read moreGPT Group has paid $34 million for a farm in Melbourne’s west, with plans for a state-of-the-art industrial estate. The
Read moreNewmark Capital is paying $121 million for the prominent David Jones menswear store in Melbourne’s Bourke Street Mall. The deal,
Read moreThe high-profile Brunswick site with protected Melbourne CBD view lines over Princes Park has been listed for sale by its
Read moreMelbourne based ASX-listed online enterprise Kogan has paid $4.4 million for the Matt Blatt business. The high-end furniture brand collapsed
Read moreBridgestone has pre-leased a 25,000 square metre warehouse at Charter Hall’s Midwest Logistics Hub in Melbourne’s Truganina. The commitment is
Read moreBrunswick Industries Association, a not-for-profit which has been providing employment for people with a disability since the 1960s, is selling
Read moreBanyule City Council is selling one of three ex-schools acquired from the Napthine government in 2012. The former Banksia Latrobe
Read moreEXCLUSIVE Aged care accommodation entrepreneur Russell Knowles – the father-in-law of Steller co-director Simon Pitard – has sold a distinctive
Read moreGPT Group has struck two major industrial lease deals for its Gateway Logistics Hub in Melbourne’s west Truganina. In the
Read moreAn unrenovated two storey shopping centre at the middle of a popular retail strip in Melbourne’s inner north Brunswick has
Read moreDavid Jones is close to selling its landmark Bourke Street Mall menswear store in the Melbourne CBD. The $121 million
Read moreUniqlo, which started trading in Australia in 2014, has pre-committed to a 46,000 square metre distribution centre at Truganina, in
Read moreA multi-fronted shop on a busy Brunswick corner opposite Franco Cozzo’s outgoing furniture store sold at auction today for $5.02
Read moreThe Dallas-based owner of video entertainment chain EB Games intends to close 19 of its 300-plus Australian stores by the
Read moreA cash buyer outbid numerous other investors to snare an enormous land holding in the South Camberwell retail village. The
Read moreCBRE Global Investors – on behalf of German real estate fund Spezialfonds – is acquiring a North Sydney office for
Read moreCharter Hall and ID_land sold the 2.2 hectare site earmarked for Truganina Central Shopping Centre. The land forms part of
Read moreListed hardware retailer Bunnings is selling a one-month old outlet in Melbourne’s burgeoning south east. The Clyde North warehouse could
Read moreColes can expect to bank more than $30 million selling two neighbouring strata titled retail assets within the Boronia Mall,
Read moreEXCLUSIVE Another mixed-use development opportunity within the heart of a burgeoning new Melbourne pocket is for sale with residential builder
Read moreTime and Place Commercial has acquired another major industrial development site, this time in Truganina, about 22 kilometres west of
Read moreA healthcare investment facing Cato Park to the north and the valuable Hawthorn East employment precinct to the west, will
Read moreA lucky farming family has struck a windfall playing the long game. Queensland developer Pask Group has acquired about a
Read moreWith a population of nearly five million, growing at more than 125,000 annually; changing demographics and new living habits –
Read moreA lucky family is set to bank about $12 million selling a portfolio of four standalone, neighbouring homes, in exclusive
Read moreAustralian Unity’s Retail Property Fund has sold its half-share in the Waurn Ponds Shopping Centre, seven kilometres south west of
Read moreDexus has secured three major tenants at is Foundation industrial estate in Truganina, west of Melbourne. Dunlop Flooring has leased
Read moreEXCLUSIVE Goldfields is readying to push Melbourne’s suburban sprawl outwards after snapping up a strategic site in the outer south-east.
Read moreOuson Group has sold a 61.4 hectare west Melbourne development site. The Mount Cottrell holding, 246-344 Troups Road South, is
Read moreV/Line will relocate its Melbourne headquarters from Docklands to 452 Flinders Street, in the CBD. The rail operator has signed
Read morePostscript: this site sold to Land Capital in January, 2019, for $51.5 million. Woolworths Limited is selling a strategic development
Read moreWoolworths has sold a retail complex in Perth’s outer northern suburb of Aveley for $27 million to a private investor.
Read moreHedley Property Investments has sold a Canberra office to German fund manager, Real I.S. for $29 million. The 22-year old
Read moreWe’re passionate about property REALESTATESOURCE.COM.AU is published by Marc Pallisco, who joined the industry as a CBRE analyst in the
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PLANS for a $3.3 billion new community, known as the Caloundra South project, have advanced with the Queensland Urban Land Development Authority approving the master plan.
The project will be developed over the next 20 to 30 years by Sydney based developer Stockland.
It will include a new commercial centre with about 650,000 square metres of space. It will also include up to 20,000 dwellings capable of accommodating some 50,000 people.
The master plan includes infrastructure, environmental protection, open space, community facilities, commercial uses and housing. It will also include a new town centre, three district centres, six neighbourhood centres and an industrial zone.
Read moreLocal developer Greencor is paying $26 million for a 57 hectare farm on Bodycoats Road in Wollert. Marketed as ”the
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RECEIVERS for the owners of a versatile 555-hectare Truganina property, the largest asset measured by area to hit the market last year, are selling down the property in smaller chunks.
After failing to sell for a total $100 million in separate campaigns in 2010, and 2011, four industrial development sites, each measuring about 42 hectares are now for sale, in a campaign being managed by Biggin Scott Commercial’s Andrew Egan and Frank Nagle.
Accessed via Hopkins Road, the blocks are expected to sell for about $3 million each.
Read moreDeveloper Hudson Conway, headed by billionaire businessman Lloyd Williams has relisted a development site at 557 St Kilda Road, on
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ONE of last year’s biggest development site sales has fallen through forcing the asset to be relisted for sale this week.
The South Yarra property at 661 – 669 Chapel Street is one of the last undeveloped sites within a former industrial precinct known as Forrest Hill that is being rebuilt by various builders as a new village with residential and office skyscrapers.
Occupied and still owned by photographic distributor CR Kennedy, the 3537 square metre site was reported to have sold for $25 million last December to design practice Metier3, which had just offloaded its interest in a Docklands office worth $240 million. It was expected Metier3 would exploit the South Yarra site’s 65 metre frontage to Chapel Street with an apartment-based village.
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BILLIONAIRE businessman Lloyd Williams is continuing to reweight his property portfolio.
This time, in South Yarra, the racehorse owner, investor and high-density apartment builder has paid $13 million for two adjoining, historic homes (aerial pic, right) in the heart of the suburb’s uber-exclusive, low density Botanic Gardens precinct.
Williams is expected to bulldoze the homes on the combined 1632 square metre site – including a 1930s mansion – and replace it with something more efficient, presumably a multi-level apartment complex built atop an underground car park.
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