Centuria acquires c.$70m Sub regional Shopping Centre - CBRE
Halls Head Central sold to Centuria Capital Group expanding its $3.2billion retail assets under management with the c.$70million acquisition. CBRE’s Simon Rooney and James Douglas were the appointed sales agents.
Dexus announces successful fundraising for its real estate opportunity fund
Australasian real asset manager Dexus announced it has successfully raised more than $300 million for a first close for its second dedicated real estate opportunity fund, putting it on track to raise up to $1 billion in equity.
Scone Village Shopping Centre for sale by Colliers
Colliers marketing a Neighbourhood Shopping Centre anchored by a Coles supermarket in NSWs Hunter Valley Region for sale exclusively by Colliers’ agents James Wilson and Ben Wilkinson, with price expectations of $20 million.
Lemon Baxter bolsters Melbourne leasing team with 3 strategic hires
Lemon Baxter secures the talents of three highly respected leasing professionals, Josh Tebb, Mario Nobrega, and Robbie Douglas, welcomed Lemon Baxter Managing Director Paul O’Sullivan.
Brisbane Historic building with medical lease-back for sale the first time since it was built in 1930 - Knight Frank
A heritage asset at 79 Wickham Terrace Spring Hill, known as Lister House for sale comprises a three-storey medical leaseback investment through Knight Frank agents Hayden Ryan, Jacob Heinke and Blake Goddard.
Beachside Mornington Peninsula freehold for sale through Burgess Rawson
A premium generational freehold opportunity located in one of Victoria’s most popular tourism precincts in the vibrant beachside Rye town centre for sale through Burgess Rawson’s Rick Jacobson and Jamie Perlinger.
Centennial buys stake in Parkstone Funds Management aiming to create $1bn niche retail portfolio
National fund manager and developer Centennial announced its expansion into Australia’s top regional and large format retail sectors after acquiring equity and board representation in neighbourhood and subregional retail centre specialist, Adelaide-based Parkstone Funds Management.
Knight Frank welcomes Adam Droubi to South Sydney investment sales team
The appointment of Adam Droubi to Knight Frank Investment Sales team in South Sydney in an expansion move. Adam Droubi will work with Anthony Pirrottina and Demi Carigliano, both Joint Heads of Knight Frank’s South Sydney office.
With a total of 332 LFR centres across Australia, the asset class is one of the most tightly held sub-sectors in retail, with a limited number of centres transacting each year says, CBRE Large Format Retail Australia report.