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...
Freestanding building on bustling Swan Street Richmond leased to The Card Network by Fitzroys
The Card Network has leased a 635sqm rare freestanding building on bustling Swan Street, Richmond leased by Fitzroys Associate Stephen Land who negotiated the five-year deal at 250-254 Swan Street at $254,000 per annum plus GST.
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.
Freestanding Caltex for sale located at the entrance Geelong City by Stonebridge
Stonebridge Property Group team have listed another freestanding Caltex Service Station for sale in Geelong North, which will fuel into the growing demand for single tenanted income producing investments. Stonebridge directors Kevin Tong and Rorey James will be marketing the service station for...
Melbourne businesses opening in new locations as Exhibition Street ground floor space leased by CBRE
The Victorian Retail Leasing Team at CBRE have concluded a leasing transaction at 237 Exhibition Street, Melbourne, CBRE’s Jason Orenbuch concluded the leasing deal on behalf of a private landlord which saw registered training organisation, OCTEC secure the 76 sqm ground floor retail space.
$500M Mernda Town Centre acquired & construction commences
The directors of investment manager Occasio Projects are pleased to announce the significant acquisition of the $500m mixed-use Mernda Town Centre development from Woolworths.
YMCA Leased Early Learning Centre Transaction Continues Child Care Yield Compression to Circa 5% for 2021 CBRE
10 Farm Road Diggers Rest sold by CBRE healthcare and social infrastructure team of Sandro Peluso, Jimmy Tat and Marcello Caspani-Muto in a process with saw 6 bidders spread across physical attendance and online bidding.
Ascot Vale complex sold to local Chinese investor $19.15m at 4.63% yield by JLL and Stonebridge Property Group
Ascot Vale complex sold to local Chinese investor 4.63% yield by Stonebridge Property Group team of Kevin Tong, Justin Dowers and Rorey James with JLL Stuart Taylor, Tom Noonan and MingXuan Li. Pace Development Group were advised by Mark Wizel of Advise Transact.