DWPF acquires additional 25% interest in Westfield Warringah Mall
Dexus today announced that Dexus Wholesale Property Fund (DWPF) has exchanged contracts to acquire an additional 25% interest in Westfield Warringah Mall, Brookvale for circa $410 million.
Can online auctions work for commercial properties?
Online auctions have been used in countless residential sales, particularly in response to social distancing restrictions. But what about commercial properties?
Vacant Chapel Street South Yarra for sale by Teska Carson
Teska Carson is marketing 555B Chapel Street for sale as an owner-occupier or investor opportunity in the heart of South Yarra’s commercial and retail precinct marketed by Teska Carson’s Reece Israel and Michael Ludski.
ALDI offers prime bayside supermarket investment for sale by Stonebridge Property
Stonebridge Property Group has been appointed to market the newly renovated ALDI supermarket in Mordialloc for sale secured by a brand new 10-year lease. Stonebridge Agents Justin Dowers, Kevin Tong and Rorey James are managing the expressions of interest campaign.
Another Queen Street Brisbane tower sold PGIM Real Estate
PGIM Real Estate has today confirmed the acquisition of 444 Queen Street, Brisbane, from vendors Abacus Property Group and The Public Trustee of Queensland for $54.4 million, negotiated by CBRE and Knight Frank.
Mirvac's Sydney Quay West Car Park leasehold for sale - McVay Real Estate
McVay Real Estate is pleased to offer the leasehold interest in the Quay West Car Park for sale. Quay West Car Park is one of Sydney CBD’s largest well located car parks.
Flinders street Restaurant leased to ELCHI by CBRE
The Victorian Retail Leasing Team CBRE have negotiated a restaurant location at 72 Flinders Street, Melbourne leased to new dining concept, ELCHI, adjacent to 8 Exhibition Street which is owned by Keppel REIT.
Osborne Park retail space leased to Bed, Bath N’ Table by Realmark Commercial
A brand-new large format retailer secures space in King Edward Commercial Centre Unit 1, 488 Scarborough Beach Road Osborne Park leased to Bed, Bath N’ Table. The deal was transacted by Mike Rowe and Fletcher Wolpers of Realmark Commercial.
High profile Chapel Street corner sold via online auction by Fitzroys
Commercial investment 232-234 Chapel Street & 2-2A Cecil Place Prahran sold through an online auction by Fitzroys’ Mark Talbot and David Bourke for $3.84 million, at a 2.3% yield on the passing rental.
Teska Carson’s Michael Taylor and Matthew Feld are marketing a city fringe showroom investment or future owner-occupier property at 518 Church Street Cremorne for sale by Auction.