Sector

The Sydney CBD’s hospitality sector is set to be boosted by the return of workers to the office, as restauranteurs eye off new ventures.

Dexus Industria REIT has exchanged contracts to sell 147-153 Canterbury Road, Kilsyth, Victoria

Sydney-based investment group CGD Capital has purchased its first industrial facility in Brisbane, for $3.65 million.

Frasers Logistics & Commercial Asset Management will acquire a fully leased freehold suburban commercial property in Mount Waverley, Victoria, Australia for $60.25 million.

This Epping Childcare Centre, located in one of Melbourne’s most high-growth and diverse areas, is expected to attract both domestic and international interest with steady population growth forecast, solid lease options and income sitting at a rate well below market levels allowing major upside in the medium term.

A 2,579smq retail site in Brisbane’s southwest has sold for more than $5 million in a competitive off-market sale, which has seen an interstate investor secure the parcel.

Stockland has acquired a 26.12 hectare site in Curlewis, Victoria where it plans to submit a masterplan for a land lease community (LLC) including approximately 325 land lease homes and 100 residential homes.

Pellicano Living, the residential platform of diversified developer Pellicano, has commenced construction on its latest build-to-rent project – the 110-residence Berwick House in Brisbane’s Fortitude Valley.

A recently constructed building in one of Brisbane’s largest and leading business precincts has sold for $19.735 million in an off-market deal.

JLL’s analysis of office leasing market data shows an increase in office leasing activity during 1Q22, while future office demand expectations remain firmly on the up

AVID Property Group has acquired a prime $7.6m 8.17-hectare greenfield site in Logan Reserve, bolstering its position within the southeast Queensland market.

Mirvac have taken the extraordinary and difficult decision to permanently close the Toombul Shopping Centre following irreparable damage from the recent floods in Brisbane.

Mornington Village Shopping Centre has transacted via an off-market deal through Stonebridge Property Group, representing the first Victorian neighbourhood shopping centre transaction for 2022.

Goodman Group are reported to be spending $200m on the Alexandria Homemaker Centre in an acquisition off Arkadia Group.

Amazon Corporation has acquired a second property in Smeaton Grange as it builds out its presence in Australia.