Coles mixed-use apartment and retail site sold - CBRE
Coles Group Property Developments has sold a high-profile mixed-use apartment and retail site in Sydney’s south for $44 million to facilitate the development of a new best-in-class supermarket. Sold by CBRE’s James Douglas and Ben Wicks.
CBRE expand its Cairns property management portfolio
The owners of Cairns Home Improvement Centre have purchased the neighbouring large format retail and office complex, Home Co, and appointed CBRE Cairns as the property manager.
Rochelle House Melbourne CBD office strata sold for $2.1m - Colliers
212 sqm penthouse and rooftop at 415 Bourke Street, Melbourne, Rochelle House sold to a local barrister for $2,100,000, representing a building rate of $9,905/sqm through Colliers Melbourne City Sales team.
Busselton Boulevard Shopping Centre sold Centuria by CBRE & VPG
Centuria Capital Group has today announced its acquisition of Busselton Boulevard Shopping Centre in WA for $16m, following its recentacquisition of Margaret River Shopping Centre (also in WA). The combined total for the two deals was $31 million, with CBRE’s James Douglas and Chloe Mason...
Dexus Axxess Corporate Park sold circa $306m subject to FIRB
Dexus announces that it has exchanged contracts to sell Axxess Corporate Park, a business park comprising office and warehouse in Mount Waverley, Victoria. The sale will realise proceeds of $306.2 million1, reflecting a 7.4% premium to the 31 December 2022 independent valuation.
MaxCap and Troon sell Chirnside Lifestyle Centre to IOOF Investment Services Ltd c$50m - Colliers & Stonebridge
The fully leased LFR Chirnside Lifestyle Centre, developed in a joint venture by Troon Group and MaxCap in Melbourne’s north east has transacted for over $50 million to IOOF. The sale was managed by Colliers, Tim McIntosh, James Wilson, and Mike Crittenden in conjunction with Stonebridge...
Park Ridge Town Centre sold for $86M in one of Qld’s largest ever neighbourhood shopping centre transactions by Savills Australia’s National Directors Peter Tyson and Steven Lerche.
Properties & Pathways acquires Logan Central Medical Centre for $12.19 million - Cushman & Wakefield & JLL
Properties & Pathways has successfully acquired the Logan Central Medical Centre in Queensland from Centuria for $12.19 million. Mike Walsh and Peter Court of Cushman & Wakefield, along with Simon Quinn and Thomas Thorsen of JLL negotiated the sale on behalf of Centuria.
Trident Capital Group acquires a Coles Supermarket in Middle Camberwell Victoria - Stonebridge
A freestanding Coles supermarket Middle Camberwell Victoria sold for $37 million representing a fully leased yield of 4.42%. Stonebridge Property Group’s Justin Dowers, Kevin Tong and Philip Gartland exclusively handled the sale.