IGA Thomastown sold for $11.3m by Stonebridge Property Group
Thomastown Supa IGA supermarket sold for $11,300,000, on a sharp yield negotiated by Stonebridge Property Group agents Kevin Tong, Rorey James and Justin Dowers.
Ampol Warwick Truck N' Travel centre sold 8.5% yield Remax and QCommercial
RE/MAX U commercial agent Deepen Khagram negotiated settlement of a prime Cunningham Highway freehold property in Queensland this month, which had been tightly held by the Covino family for the past 27 years. The Ampol Warwick Truck N' Travel centre sold for $5.5m by Mr Khagram in conjunction...
Perth district shopping centre sold $81.5m by CBRE
Forest Lakes Shopping Centre Perth sold to Greenpool Capital and Savills Investment Management for $81.5 million. CBRE’s Simon Rooney and James Douglas managed the off-market sale campaign.
Brisbane Riverside Office building 193 North Quay Brisbane sold Circa $50m to Aviator Capital by CBRE
Aviator Capital Managing Director Andrew Glen said the surrounding surge in development had underpinned the company’s interest in the asset, providing a rare opportunity to leverage off public and private expenditure in the precinct. CBRE, Jack Morrison, Peter Chapple and Adelaide O’Brien...
Charter Hall secures 50% of Southern Cross Towers Melbourne
50% of 111-121 Exhibition Street Southern Cross Towers sold to Charter Hall in a deal negotiated by CBRE and Cushman & Wakefield. Charter Hall Office CEO Carmel Hourigan said: “The acquisition of Southern Cross Towers demonstrates the success of Charter Hall’s strategy to expand our office...
Charter Hall acquires $80 million of education and healthcare properties in Queensland
Charter Hall Group is pleased to announce two of its funds have acquired two newly constructed, A-grade properties - TAFE’s Gold Coast campus and a specialist medical facility, both in Robina, Queensland, for the combined sum of $80 million.
Brisbane office investment sold to Sydney investor $46.5m by CBRE and Cushman and Wakefield
365 Macarthur Avenue Hamilton Brisbane sold on 5.3% yield by CBRE agents Jack Morrison and Adelaide O’Brien brokered the deal for vendor RF Corval alongside Peter Court, Mike Walsh and Fred Le Fanue from Cushman and Wakefield.
AMPs 330 Collins Street Melbourne sold A$236 million by Cushman & Wakefield and CBRE
HThree City Australia Pte. Ltd. and its co-investor City Developments Limited (“CDL”) have acquired 330 Collins Street office tower Melbourne from an AMP Capital separate account. The deal was brokered by Cushman & Wakefield’s Mark Hansen, Leigh Melbourne, Nick Rathgeber and Josh Cullen and...
Tannum Central Shopping Centre sold for $18.5m reflecting another record yield in regional Queensland of 4.90%. Savills’ Peter Tyson and Jon Tyson handled the off-market deal on behalf of Sydney based boutique fund manager Whistle Funds Management.
Bitternfields Shopping Centre Mornington Peninsula sold breaking neighbourhood records - JLL
Bitternfields Shopping Centre, an IGA anchored neighbourhood shopping centre located on Melbourne’s Mornington Peninsula has sold for approximately $12 million reflecting a record breaking 4.08% initial yield.