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.
Brisbane Golden Triangle building 100 Creek Street sold to Cromwell Direct Property Fund for $184.7m
Cromwell Head of Retail Funds Management, Hamish Wehl commented, “100 Creek Street is a landmark building and a stellar addition to the Fund.” The transaction was negotiated by CBRE and Knight Frank.
NZ Vital Healthcare Property Trust acquires the Tennyson Centre in Adelaide for AUD $92.75 million.
NorthWest President and CEO Craig Mitchell announced the acquisition of The Tennyson Centre, one of Adelaide’s leading Cancer Centres of Excellence, funded by a NZ$140m equity raise by its NZ$2.7b NZX-listed fund, Vital Healthcare Property Trust.
APPF Retail 50 per cent stake in Harbour Town sold to Vicinity Centres $358 million by CBRE and MCVAY Real Estate
APPF Retail divests 50 per cent stake in Harbour Town Gold Coast sold to Vicinity Centres by CBRE’s Simon Rooney and Sam McVay and Dan McVay from McVay Real Estate managed the sale.
Sunshine Coast Noosa Outlook Shopping centre sold 4.99% yield by Colliers and Your Commercial
Noosa Outlook Shopping Centre sold for $10.95 m at record yield of 4.99% for an IGA anchored neighbourhood shopping centre. Colliers’ Nick Dowling and Chris Maher alongside Damon Lewis of Your Commercial negotiated the sale.
50% stake in Runaway Bay Shopping Centre sold for $128 million year CBRE
Perth’s Greenpool Capital in partnership with investment firm Qualitas has made its latest retail play, acquiring a 50% stake in the Gold Coast’s Runaway Bay Shopping Centre for $128 million. CBRE’s Head of Retail Capital Markets – Pacific, Simon Rooney negotiated the off-market sale on behalf...
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.
Melbourne aged care home sold to investor circa $11 million at $145,000 per bed by CBRE’s Australian Healthcare and Social Infrastructure team, Marcello Caspani-Muto, Sandro Peluso and Jimmy Tat.
100% auction clearance rate as $43.8m of commercial properties sold by Cushman & Wakefield
The market for childcare centres, fast food and healthcare properties shows no signs of slowing, with investors snapping up almost $44 million worth of assets as part of Cushman & Wakefield’s September portfolio auction.