Proxima health building Gold Coast to HomeCo Circa $80m by CBRE
Gold Coast HomeCo acquisition highlights demand for health-related investments. CBRE Michael Hedger, Joe Tynan, Mark Witheriff and Peter Chapple negotiated the sale of the Cottee Parker designed Proxima building between HomeCo and developer Evans Long.
IOOF acquires first large format retail asset $68m negotiated by Colliers
IOOF Investment Services Limited have purchased Great Western Centre, a large format retail centre at 11 John Hines Avenue Minchinbury NSW sold from Minchinbury No 2 Pty Ltd for $68million by Colliers John McCann and Frank Oliveri.
7-Eleven sold for $7.6m sets record low 5.14% yield in Queensland by Cushman & Wakefield
7-Eleven at 2009 Sandgate Road Virginia sold to local investor for $7.6m on a 5.14% yield. The low yield represents a new benchmark for a freestanding 7-Eleven in Queensland. The property was marketed as part of Cushman & Wakefield’s National Investment Sales April portfolio, and sold by...
Dexus takes 49% in Capital Square Tower 11 Perth for $339 m
Dexus has announced that it has acquired a 49% interest in a holding unit trust that owns Capital Square Tower 1, 98 Mounts Bay Road Perth for $339 m. Kevin George, Dexus Executive General Manager, Office said: “Capital Square is one of the leading workplaces in Australia,”
Two Coles anchored shopping centres and a Bunnings transact for almost $80 million by JLL
Transactions of convenience-based retail assets have continued their significant momentum with the sales of three key assets in Victoria; Coles Morwell for $27.85m, Torquay Village for $40m and Bunnings Horsham for $9.8m. The JLL Retail Investments team of Stuart Taylor and Tom Noonan handled...
Regional investments soar, as Coles Swan Hill Shopping Centre sold for above $20 million Stonebridge
A regional Victorian Coles anchored neighbourhood shopping centre has transacted for $20,075,000, representing a yield of 5.08% marketed by Stonebridge Property Group Justin Dowers, Kevin Tong and Philip Gartland.
M&G Investments Casey Central sold for $225m by Colliers
Colliers negotiates largest sale of a Victorian sub-regional shopping centre in five years. Lachlan MacGillivray, Head of Retail Investment Services at Colliers, facilitated the landmark sale on behalf of M&G Investments to Haben Property Fund together with their Joint Venture Partner The JY...
HealthCo acquisitions and investments increase initial seed asset portfolio to circa $1.0 b (as-complete basis)
The recent acquisitions include 8 private oncology assets with triple-net leases from GenesisCare for $110.3 million plus the establishment of joint venture with operator Acurio Health Group (Acurio) to acquire a 5 hectare site for $29.2m to create and develop an integrated private hospital...
Box Hill office sold for more than $17m by Colliers
A local private investor has swooped on an outstanding freehold office with value-add upside in Box Hill. Colliers Peter Bremner, Leon Ma, Rachael Clohesy and Joe Kairouz have sold 26-28 Prospect Street, Box Hill for $17,158,000.
Mornington Peninsula office sold with 4.9% yield- Jacobs and Lowe
The property sold for $885,000 off market. According to Jacobs and Lowe’s Jeremy Lewis, the sale would have equated to a yield of 4.9% had the suite been sold to an investor.
