Transactions

Locally owned and operated, Skippers Transport has acquired an underdeveloped site in Welshpool for $10,300,000. This sale represents the first time the property has changed ownership in the last 25 years. 

Charter Hall Retail REIT (ASX: CQR) is pleased to announce the sale and settlement of Brickworks Marketplace, SA for $85 million1. Brickworks Marketplace was held in RP1, which CQR has a 50% interest in alongside Telstra Super.

One of the best and last remaining development sites in one of Australia’s most sought-after lifestyle suburbs has sold for more than $9.3 million after attracting huge interest.

HopgoodGanim Lawyers is pleased to have advised the owners of Queensland-based Halcyon on the successful completion of the sale of their business to Stockland for $620 million.

Developers of a suburban office building in Clayton have sold their vacant site for $11.25m.

Arrow Capital Partners have acquired a large single-storey warehouse and office building in Clayton South for $10.2m.

Brookfield has sold down a 25% interest in the Perth office tower to GIC for $200m. Brookfield bought the site from Chevron in 2019 under an agreement to develop a 29-level, 56,000sqm premium-grade office building including retail and restaurants with Chevron Australia committing to a 15-year lease on about 78% …

EG Funds Management has secured a multi-let industrial estate at 140 Wecker Road, Mansfield, QLD for $32 million.

A freestanding Woolworths occupying prime position in the Coffs Harbour CBD has been sold for $19.5m.

The HomeCo REIT has sold a large format retail centre in Bathurst which it re-developed out of the former Masters tenancy.

Abacus has finalised plans to acquire the remaining 75% interest in the Self Storage operating platform, Storage King for $50m and acquired a further 4 Self Storage properties for $45.1m.

Dexus sold a North Sydney office tower in Miller Street to a Hong Kong based investor for $273m.

Fife Capital have been revealed as the purchaser of Kauflands' Merrifield facility in Melbourne's north.

The Elanor Healthcare Real Estate Fund has acquired the Woolloongabba Community Health Centre in Brisbane for $37.25 million, reflecting a 6.0% capitalisation rate.

Singapore's ARA Logistics Trust will invest in excess of $416m in a series of direct and indirect acquisitions with the Logos Group.