Day 2 of Burgess Rawson’s Portfolio Auction success highlighted by Goodyear Autocare investment sold on 3.75% yield
Burgess Rawson Portfolio Auction 160 Melbourne event achieves $37.272 million in sales taking the Sydney and Melbourne combined amount to $72.5 million. Both days achieved success rates of 74% said, Burgess Rawson CEO Ingrid Filmer.
Trophy Ascot supermarket by Ray White’s Retail Investment Team - withstands cash rate pressure
IGA Marketplace Ascot sold under the hammer $12.1 million. Marketed by Ray White Commercial QLD agents Michael Feltoe and Lachlan O’Keeffe, the property transacted on a yield of 4.88 per cent.
MPG Divests Melbourne Mall in First Victorian Neighbourhood Transaction of 2023 - JLL
Village Lakeside Shopping Centre sold on behalf of MPG Funds Management Ltd, who own the asset in their MPG Retail Brands Property Trust. Coles leased supermarket sold to offshore Private Investor by JLL’s Stuart Taylor, Tom Noonan and MingXuan Li.
Five childcare development sites sold in 30 Days as demand skyrockets - Ray White
Five childcare sites sold in just 30 days in Sydney’s western suburbs, to a total of $14.265 million. Located at Rooty Hill, Bankstown, Guildford, Auburn and Toongabbie,...
Rosebery Childcare centre sold circa $5m as strong demand continues - Ray White
Childcare centre development site sold after generating 150 enquires. 34-36 Dalmeny Avenue sold has approval for a 59-place childcare centre. The Childcare property was sold and marketed by Ray White Commercial (SC) agents Samuel Hadgelias, Leslie Li, and Baxter van Heyst.
Lendlease’s Australian Prime Property Fund (APPF) Retail and co-owner Lendlease Group have exchanged contracts on the sale of Craigieburn Central sold to IP Generation for a gross price of $300 million (excluding transaction costs and settlement adjustments) negotiated by Simon Rooney of CBRE....
Chinese backed capital continues to acquire commercial real estate in Q2 2023 - Stonebridge
The start of Q2 2023 has continued the trend of commercial real estate deals transacting to Asian backed capital says Stonebridge Property Group's Mr Zhang, and Julian White.
St Mary’s Medical Centre sold for $3.7m by Burgess Rawson and Knight Frank.
A South Australian medical centre sold to a Sydney based private investor for $3.71 million, in a deal brokered by Burgess Rawson’s Beau Coulter and Shaun Venables in conjunction with Oliver Totani and Jack Dyson of Knight Frank Adelaide.
Campbelltown Restaurant Investment sold at auction $9.15m by Burgess Rawson
A group of four restaurants Campbelltown Sydney sold on a yield of 6.22%. The sales campaign generated over 160 enquires, with 10+ registered bidders at the auction by Burgess Rawson’s Kieran Bourke, Rhys Parker and Darren Beehag.
