Five Shops at Chevron Development Sold
Five retail shops on the ground floor of St Kilda Roads Chevron Hotel have sold via an expression of interest campaign, in deals worth more than $6 million.
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Sale of Astor Theatre May Mean Curtains for Historic Cinema
Fifty years ago, developers wanted to replace the grand old Astor Theatre with its traditional stalls and dress circle, with a bowling alley or library. Now developers are eyeing the cinema block as a site for high-rise apartments.
Read moreMelbourne Experiencing Office Development Boom
Melbourne is experiencing a surge in speculative office development, with more than 140,000 square metres of new supply expected to come on line in the city and suburbs over the next 18 months.
Read moreGerman Based Company Leases Industrial Space at Laverton North
German-based industry products supplier EBM-PAPST Australia Pty Ltd has pre-committed to a 2000 square metre office warehouse building in Laverton North, being developed by Vaughan Constructions.
Read moreLast of Westpoint’s Assets Sell
The last property asset of failed developer Westpoint is believed to have sold to local private investor Harry Chua for $2.7 million.
Read moreFolkestone Onsells Retail Shopping Centre in Sorrento
Listed property development and investment company Folkestone is believed to have onsold a retail shopping centre it bought late last year, in the upmarket seaside town of Sorrento.
Read moreMirvac Confirms Purchase of Austral Bricks Site, Scoresby for $100 million
In a move that indicates a significant growth strategy for Mirvac in 2008, the Mirvac Wholesale Residential Development Partnership (MWRDP) today announced it has acquired a key site in Scoresby, Melbourne, for approximately $100 million.
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