Mackay’s Mount Pleasant Centre sold $162.5 m by CBRE
Melbourne based fund manager Fawkner Property has acquired the Mount Pleasant Centre in north Queensland for $162,500,000 negotiated by CBRE’s Simon Rooney, together with James Douglas, amid strong investor demand for sub-regional shopping centres.
Stockland Bundaberg sub-regional shopping centre sold to MA Financial Group, formerly Moelis Australia for $140 m negotiated by CBRE Head of Retail Capital Markets - Pacific Simon Rooney on behalf of Stockland.
Ground floor office space for lease in Central Southport – REAL Specialists Commercial
Positioned opposite the Broadwater and Australia Fair, the space is suitable for a range of businesses. For lease by Brad Duncalfe of REAL Specialists Commercial.
APPF Retail to sell key 50% JV stake in Harbour Town Premium Outlets centre for sale by CBRE and McVay
A 50% joint venture stake in the landmark Harbour Town Premium Outlets centre on the Gold Coast for sale by Lendlease on behalf of the APPF Retail fund. CBRE's Simon Rooney together with Sam McVay and Dan McVay from McVay Real Estate have been appointed.
Anthony John Group Brisbane office building sold to Irongate Group for $36m at 5% net yield by CBRE
The building at 34 Southgate Avenue, Cannon Hill leased by Michael Hill as its global head office and will also provide the tenant with manufacturing and distribution capabilities. The sale was negotiated by Jack Morrison and Adelaide O'Brien of CBRE.
In yet another example of the market’s attraction to neighbourhood shopping centres the Woolworths anchored neighbourhood centre sold on behalf of an off-shore investor to Sydney based Ganellen Asset Management at a yield of 5.9% Savills Peter Tyson and Jon Tyson negotiated the sale.
Drayton Central sold to SCA for $34.34m by Savills
SCA Property Group has closed another Queensland deal, snapping up the DraytonCentral Shopping Centre in Toowoomba for $34.34million. The off-market transaction was negotiated by Peter Tyson and Jon Tyson of Savills Australia.
Coolangatta CBD ground floor retail strata for sale by LJ Hooker Commercial
LJ Hooker Commercial Palm Beach offer two retail strata suites 17 and 18 of 118-122 Griffith Street Coolangatta QLD for sale. The marketing agent is Tara Imlach, Commercial Property Specialist LJ Hooker Commercial Palm Beach.
Sydney Airport Suites for sale through JLL Hotels and Hospitality Group Senior Vice President Andrew Langsford, Tom Gibson and Director of Sales and Investments, Dylan McEvoy.
Pandemic expected to have 'somewhat short-lived' impact on US commercial market - CBRE
With the US Federal Reserve cutting short-term interest rates by 100 basis points this week, CBRE examines the impact of the coronavirus pandemic on the US commercial market.
Brisbane's grandest home Windermere sold for Ascot record over $13m
Windermere is one of Australia's best homes in Brisbane's best street Sutherland Avenue sold for in excess of $13 million through agents Matt Lancashire and Hamish Bowman Ray White New Farm.