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May 14, 2021
Deals
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West Perth office building sold $5m Knight Frank

An office building in a prime West Perth location 28 Kings Park Road sold providing investment and future development offering to the market sold for $5 million in a deal negotiated by Nick Charlton and Tony Delich of Knight Frank. 

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May 9, 2021
Markets
Market Trends
Market Overviews
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CBRE Sell circa $115m worth of Premium Child Care Centre

A premium early learning investment in the high growth Melbourne suburb of Lalor has transacted via CBRE’s Healthcare & Social Infrastructure team marking near $115,000,000 worth of premium child care transactions leased to Nino Early Learning, conducted by group since 2017.

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May 8, 2021
Deals
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Investors recognise resilience of Melbourne’s shopping strips as property sold $1m above reserve 3.8% net by Fitzroys 

$6.788 million auction sale of a prime 580 Burke Road Camberwell sold - $1 million above the reserve, and at 3.8% yield. Fitzroys agents Chris Kombi and Chris James sold 580 Burke Road, Camberwell on behalf of private owners that have held the property since 1977.

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Apr 29, 2021
Deals
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ISPT Mt Isa Village sold for $44.2m Savills

SCA Property Group has acquired Mount Isa Village shopping centre sold for $44.2 million in a transaction jointly managed by Savills Australia. Peter Tyson, Steven Lerche and Jon Tyson of Savills jointly managed the Expressions of Interest process on behalf of ISPT.

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Apr 27, 2021
Deals
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Primewest and BlackRock Real Assets launch first joint venture with Circa $260 m purchase

Primewest has formed a joint venture with a fund advised by BlackRock Real Assets and has successfully exchanged contracts to purchase Perth office tower 140 St Georges Terrace. Primewest Executive Chairman John Bond said the company was delighted to be establishing a relationship with BlackRock...

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Apr 15, 2021
Deals
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The former Mornington Cinemas sold at auction $3.72m announced by Jacobs and Lowe

Jacobs and Lowe have announced that the former home of Mornington Cinemas has sold at auction for $3,720,000 to a local Mornington developer. The property was marketed and sold by Jeremy Lewis and Michelle Adams of Jacobs and Lowe Estate Agents in conjunction with Joseph Carbone and Stephen...

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Apr 12, 2021
Deals
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Lidcombe Adidas-anchored investment sold for $12.3M at 5.6% net by Ray White Commercial

A private investor has purchased a landmark high-profile investment as the Adidas-anchored property at ...

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Apr 10, 2021
Deals
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Unprecedented market sentiment drives price for a vacant Brighton medical centre sold by CBRE

An exclusive Bayside medical center sold for $3,525,000 reflecting a $625,000 uplift in price for the owner who originally purchased the property just 18 months ago. The transaction was handled by the specialist team of CBRE Australian Healthcare and Social Infrastructure Sandro Peluso, Josh...

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Apr 9, 2021
Deals
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Prominent retail investment Lower Sandy Bay Hobart sold Knight Frank

George Burbury and Scott Newton of Knight Frank have announced the unconditional sale of the properties located at 1 Beach Road and 644 Sandy Road, Sandy Bay, Hobart Tasmania. 

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Mar 31, 2021
Deals
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ESR Australia acquires income producing landbank in Macquarie Park A$71m

ESR Australia (ESR) is pleased to announce the acquisition of 44-50 Waterloo Road in Macquarie Park NSW. Located in the tightly held Macquarie Park precinct, ESR Australia secured this rare landbank investment for A$71 million. Phil Pearce CEO of ESR Australia said, “This landbank investment...

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