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Hotel Site Hits Market in Melbourne

Hotel Site Hits Market in Melbourne

Jun 22, 2022

A hotel permit-approved landholding north of Melbourne in Westmeadows has been listed for sale by Savills agents Benson Zhou, Julian…

Centuria Launches Unlisted Agriculture Fund

Centuria Launches Unlisted Agriculture Fund

Jun 22, 2022

Centuria Capital Group has launched an unlisted, open-ended agriculture fund, Centuria Agriculture Fund (CAF), which is seeded with a $177million…

Prized Melbourne luxury apartment development sells for $5.488 million

Prized Melbourne luxury apartment development sells for $5.488 million

Jun 22, 2022

A prestigious luxury apartment development site in Melbourne’s inner south-east has been sold for$5.488 million to a private local developer,…

Dexus adds 2.2% valuation gain

Dexus adds 2.2% valuation gain

Jun 22, 2022

Dexus has provided an update of its latest valuations revealing a 2.2% gain in value across 186 assets. Darren Steinberg,…

Stapylton Industrial Land Value hits Record

Stapylton Industrial Land Value hits Record

Jun 22, 2022

An industrial site in one of Brisbane’s most sought-after industrial precincts has sold for $17.2m off-market, highlighting the high demand…

GPT acquires North Sydney Office Building

GPT acquires North Sydney Office Building

Jun 20, 2022

GPT has quietly acquired a commercial office building in Walker Street North Sydney as long term development option in Sydney’s…

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office

Strong leasing deals secured as Sydney fringe continues to gain interest

Strong leasing deals secured as Sydney fringe continues to gain interest

May 30, 2022

A prime 1,550sqm office space on Sydney’s city fringe has been successfully leased as education tenants continue to target the region throughout the covid recovery. The previously two vacant floors…

Return to Office Momentum Gathers Pace in Australia and New Zealand

Return to Office Momentum Gathers Pace in Australia and New Zealand

May 27, 2022

While hybrid working has become the new normal, full time working from home is set to become increasingly rare in Australia and New Zealand, according to CBRE’s latest Occupier Survey.…

Commercial property rent collection shows strong recovery

Commercial property rent collection shows strong recovery

May 27, 2022

The latest rent collection figures from commercial property management software company Re-Leased reveal a strong recovery for Australia’s commercial property market. The report, which analyses rent collection levels in Australia…

Boeing Defence Australia commits to 123 Albert Street, Brisbane

Boeing Defence Australia commits to 123 Albert Street, Brisbane

May 25, 2022

Dexus as secured a pre-commitment from Boeing Defence Australia across approximately 12,000 square metres at 123 Albert Street, Brisbane which is undergoing a circa $200 million upgrade. Boeing’s pre-commitment will…

RETAIL

Bribie Retail Centre Snapped Up For $9m

Bribie Retail Centre Snapped Up For $9m

Jun 8, 2022

A fully leased retail centre on Bribie Island north of Brisbane has been sold for $9 million following an Expressions of Interest campaign, adding further to a strong inventory of…

QIC Sells Castle Mall for $105m

QIC Sells Castle Mall for $105m

Jun 8, 2022

QIC have ended their long term strategic investment in Castle Mall following the recent sale of Centre Mall to the Hills Shire Council for $105m. The neighbourhood shopping centre, which…

HomeCo Daily Needs REIT Sees Last Mile Convenience as Key to Growth

HomeCo Daily Needs REIT Sees Last Mile Convenience as Key to Growth

Jun 7, 2022

HomeCo released the latest valuation numbers for their Daily Needs REIT supporting their proposition that the portfolio strategy is in line with the shift to to omni-channel retailing and last…

Highfields Plaza sells for $16.3m in Active Retail Market

Highfields Plaza sells for $16.3m in Active Retail Market

May 31, 2022

Highfields Plaza, located near Toowoomba, has sold for $16.3million in an off-market transaction, adding further to strong buyer activity for neighbourhood centres. Savills’ Peter Tyson and Jon Tyson handled the…


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INDUSTRIAL

Frasers Property Industrial acquires 23.4-hectare land parcel in Cobblebank, Victoria

Frasers Property Industrial acquires 23.4-hectare land parcel in Cobblebank, Victoria

Jun 8, 2022

Frasers Property Industrial has acquired a 23.4-hectare premier industrial land parcel in Melbourne’s booming west, responding to significant industrial demand for the region. The new estate (“Cobblebank”) located at 1…

Bidder battle results in record price in Ingleburn

Bidder battle results in record price in Ingleburn

Jun 7, 2022

A warehouse in Ingleburn has sold under the hammer for $11 million, achieving a suburb record rate for a freestanding building within the suburb. With a site size of 5,168sqm…

GMK Logistics signs at Frasers Property Industrial’s Yatala Central estate in Queensland

GMK Logistics signs at Frasers Property Industrial’s Yatala Central estate in Queensland

Jun 3, 2022

Frasers Property Industrial has secured leading Australian flooring logistics supplier, GMK Logistics (GMK), as the final customer at its circa $500 million Yatala Central estate in South East Queensland, marking…

Cabot secures $41m Campbellfield site

Cabot secures $41m Campbellfield site

Jun 2, 2022

US private equity real estate firm Cabot Properties has purchased a 93,074sqm landholding in Campbellfield for $41 million. The acquisition, located at 131-149 Somerton Road, will be Cabot’s fifth in…

DEVELOPMENT

Oreana Group acquires Riverwalk Town Centre from Development Victoria for $12.3 million

Oreana Group acquires Riverwalk Town Centre from Development Victoria for $12.3 million

Jun 14, 2022

Oreana Group has acquired Riverwalk Town Centre from Development Victoria for $12.3 million following a contested campaign. The sale, negotiated by Colliers’ Retail Investment Services Directors’ Mike Crittenden and Tim…

Oxford Street asset sells for $2.4 million

Oxford Street asset sells for $2.4 million

Jun 14, 2022

An exceptional development opportunity at one of Sydney’s most iconic street addresses has sold to a private investor, setting an extraordinary benchmark as the first asset sold following recent council…

Microsoft Pays Top Dollar for Kemps Creek Data Centre Land

Microsoft Pays Top Dollar for Kemps Creek Data Centre Land

Jun 10, 2022

Microsoft has paid $131.2M for a 14ha site on Mamre Rd Kemps Creek for a massive new Data Centre in Western Sydney. Microsoft submitted a Development Application for the site…

STACK Infrastructure Expands APAC Footprint 124MW of Capacity across Melbourne, Canberra, and Perth

STACK Infrastructure Expands APAC Footprint 124MW of Capacity across Melbourne, Canberra, and Perth

Jun 9, 2022

STACK Infrastructure, the digital infrastructure partner to the world’s most innovative companies and leading global developer and operator of data centers, today announced a partnership with Hickory, a leading Australian…

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