Market Momentum Continues For Vacant Aged Care Homes says CBRE
Mercy Health vacant Aged Care home Springvale South sold for $5.5m. 470-476 Springvale Road Springvale South sold by CBRE’s Australian Healthcare and Social Infrastructure team of Sandro Peluso, Marcello Caspani-Muto and Jimmy Tat handled the expressions of interest campaign which saw the...
Perth Carillon City sold to Tattarang with plans to transform into world-class retail and experiential precinct
Tattarang announce plans to acquire Carillon City and deliver a transformative redevelopment of the iconic shopping precinct to position Perth as a world-class leader in modern retail and experiential destinations. Tattarang Director Nicola Forrest AO said a revitalised Carillon precinct will be...
Buninyong Child Care Centre Sold for $3.85m by JLL Healthcare & Life Sciences VIC team
Buninyong Child Care Centre sold for $3.85m by JLL Victorian Healthcare & Life Science head Mark Stafford, along with colleagues Jesse Radisich and Mingxuan Li. The child care centre, at 309-311 Learmonth Street sold via an international Expressions-Of-Interest campaign generating more than...
Narre Warren Childcare centre sold at Auction by CBRE
A brand-new childcare centre leased to Imagine Childcare sold for $10,100,000 at a yield of 4.2% in hotly contested auction held in CBRE’s Melbourne boardroom. CBRE’s Australian Healthcare & Social Infrastructure team of Sandro Peluso, Jimmy Tat and Marcello Caspani-Muto handled the sales...
World renowned brands Missoni and Brunello Cucinelli to join Sydney’s 25 Martin Place Dexus
Missoni and Brunello Cucinelli unveil their flagship stores at 25 Martin Place. Stewart Hutcheon of Dexus, said “As we reach the final stages of the reimagined 25 Martin Place, we are excited that Missoni and Brunello Cucinelli have chosen to launch their flagship operations Joining Valentino,...
Buyers shift to pandemic proof investments as Woolworths Eltham sold for a sharp 3.3% yield by Stonebridge and Fitzroys
Woolworths Eltham sold for $35,000,000, which represented a sharp 3.3% yield. The freestanding supermarket sold by Stonebridge Property Group agents Justin Dowers and Kevin Tong, in conjunction with Fitzroys David Bourke, Chris James and Shawn Luo.
Byron Bay Landmark Timperley’s Corner building sold by CBRE
Byron Bay’s landmark Timperley’s Corner building sold to Sydney-based investor by CBRE’s Mark Witheriff, Joe Tyan and James Douglas. While the sale price has not been disclosed, Mr Witheriff said the sale yield reflected the property’s trophy status.
Melbourne’s prime shopping strip market demand continues in 2022 says Fitzroys
Melbourne’s prime shopping strip market has passed its first auction test for 2022 with 566 Burke Road Camberwell sold under the hammer for $6.66 million by Fitzroys’ Chris James and David Bourke.
Half stake in Brisbane’s Grand Plaza Shopping Centre sold to EG Funds by CBRE
EG’s Australian Core Enhanced Fund has acquired a half stake in Brisbane’s Grand Plaza Shopping Centre. CBRE’s Head of Retail Capital Markets – Pacific, Simon Rooney, exclusively negotiated the transaction on behalf of US investment manager Invesco.