Greenpool Capital and Qualitas $260m play for control of Runaway Bay Centre negotiated by CBRE
Perth’s Greenpool Capital in partnership with Qualitas has acquired the remaining 50% stake in the Gold Coast’s Runaway Bay Centre for $132 million. CBRE Head of Retail Capital Markets Pacific Simon Rooney negotiated the two Runaway Bay transactions at a combined $260 million.
Iconic Sydney retail portfolio changes hands for $538.2 m CBRE and Colliers
Hong Kong’s Link REIT has acquired a 50% interest in Sydney retail assets the Queen Victoria Building, The Strand Arcade and The Galeries at $538.2 m CBRE’s Simon Rooney, introduced Link REIT and EG Funds and negotiated the sale on behalf of Singapore sovereign investor GIC, with the campaign...
Childcare & Swim School Investments sold for $19m by Stonebridge Property
The portfolio comprised 2 Early Learning Centres leased to ‘The Y’, formerly known as YMCA; and a ‘Kingswim’ swim school, located in Clyde North and Tarneit, Victoria. Stonebridge’s Rorey James, handled the portfolio with colleagues Kevin Tong and Justin Dowers.
Third Quarter dealmaking jumps as investors turn to office, retail properties; Year-to-date deal activity sweeps past 2020 total
Deal volume for the first three quarters of 2021 reaches $43 billion, already eclipsing full year 2020 level. Benjamin Martin-Henry, RCA’s Head of Analytics, Pacific, said: “After a slow start to the year, the office sector is now flourishing.”
Delacombe Town Centre sold to SCA for $112m by JLL
Ballarat’s Delacombe Town Centre convenience based sub-regional shopping centre sold on behalf of Troon Group to SCA Property Group for $112m reflecting yield of 5.34%. The off-market sale was brokered by JLL Senior Director of Retail Investments Stuart Taylor and Joint Head of Retail...
Once in a generation’ Chadstone Ford site sold 3.32% by Burgess Rawson & Gross Waddell ICR
The $32.6 million land sale of the Chadstone Ford and Hyundai dealership in south-east Melbourne has set a new record achieving a yield of 3.32% sold by Co-agents Burgess Rawson and Gross Waddell ICR.
Brisbane small suite leasing primed as 7 suites at 110 Eagle Street leased by Colliers
Colliers International has secured seven new office leases totalling almost 1,300sqm at 110 Eagle Street, located in the heart of the Brisbane CBD’s prized Golden Triangle negotiated by Colliers’ Andrea Cano and Harry Price.
QLD Health building in South Brisbane sold for $34.7M by Cushman Wakefield
Queensland Government leased investment sold to Barwon Investment Partners. 55 Russell Street South Brisbane sold from Forza Capital for $34.7 million on a 5% yield by Cushman & Wakefield’s Middle Markets team of Frederic Le Fanue, Mike Walsh and Peter Court.
50% interest in Roselands Shopping Centre sold to JY Group $167m negotiated by CBRE
Fast growing investor JY Group has outlaid $167 million for a 50% interest in Roselands Shopping Centre in Sydney’s south-west. CBRE’s Head of Retail Capital Markets, Pacific, Simon Rooney negotiated the off-market sale on behalf of CIP Asset Management.
AMP Capital welcomes Cbus Property & UniSuper as new partners in Australia’s largest retail transaction $2.2 billion
One of Australia’s leading superannuation funds Uni Super and Cbus Property, one of Australia’s leading property investors and developers, have taken the majority ownership of Pacific Fair in Queensland and 50 per cent ownership of Macquarie Centre in New South Wales in a $2.2 billion deal.