World renowned brands Missoni and Brunello Cucinelli to join Sydney’s 25 Martin Place Dexus
Missoni and Brunello Cucinelli unveil their flagship stores at 25 Martin Place. Stewart Hutcheon of Dexus, said “As we reach the final stages of the reimagined 25 Martin Place, we are excited that Missoni and Brunello Cucinelli have chosen to launch their flagship operations Joining Valentino,...
Buyers shift to pandemic proof investments as Woolworths Eltham sold for a sharp 3.3% yield by Stonebridge and Fitzroys
Woolworths Eltham sold for $35,000,000, which represented a sharp 3.3% yield. The freestanding supermarket sold by Stonebridge Property Group agents Justin Dowers and Kevin Tong, in conjunction with Fitzroys David Bourke, Chris James and Shawn Luo.
Byron Bay Landmark Timperley’s Corner building sold by CBRE
Byron Bay’s landmark Timperley’s Corner building sold to Sydney-based investor by CBRE’s Mark Witheriff, Joe Tyan and James Douglas. While the sale price has not been disclosed, Mr Witheriff said the sale yield reflected the property’s trophy status.
Melbourne’s prime shopping strip market demand continues in 2022 says Fitzroys
Melbourne’s prime shopping strip market has passed its first auction test for 2022 with 566 Burke Road Camberwell sold under the hammer for $6.66 million by Fitzroys’ Chris James and David Bourke.
Half stake in Brisbane’s Grand Plaza Shopping Centre sold to EG Funds by CBRE
EG’s Australian Core Enhanced Fund has acquired a half stake in Brisbane’s Grand Plaza Shopping Centre. CBRE’s Head of Retail Capital Markets – Pacific, Simon Rooney, exclusively negotiated the transaction on behalf of US investment manager Invesco.
Dan Murphy’s-anchored retail investment sold to HomeCo Daily Needs REIT for $21m by Colliers
A diversified retail investment anchored by Dan Murphy’s sold for $21.5million. HomeCo Daily Needs REIT has acquired the Armstrong Creek site from Wel.Co in an off-market sale negotiated by Colliers’ Tim McIntosh and Mike Crittenden.
New childcare set for Graceville following prominent site sale by Knight Frank
A site at 232 Oxley Road in Graceville sold for $2.6 m will be redeveloped into a 106-place childcare centre if a current development application is approved. Christian Sandstrom of Knight Frank introduced the purchaser.
Dexus announces Sale of 12 Creek Street Brisbane in a $391m deal
Dexus announces that it has conditionally exchanged contracts to sell 12 Creek Street, Brisbane, which it owns a 50% interest, with Dexus Wholesale Property Fund (DWPF) owning the remaining 50% interest.