QLD Health building in South Brisbane sold for $34.7M by Cushman Wakefield
Queensland Government leased investment sold to Barwon Investment Partners. 55 Russell Street South Brisbane sold from Forza Capital for $34.7 million on a 5% yield by Cushman & Wakefield’s Middle Markets team of Frederic Le Fanue, Mike Walsh and Peter Court.
50% interest in Roselands Shopping Centre sold to JY Group $167m negotiated by CBRE
Fast growing investor JY Group has outlaid $167 million for a 50% interest in Roselands Shopping Centre in Sydney’s south-west. CBRE’s Head of Retail Capital Markets, Pacific, Simon Rooney negotiated the off-market sale on behalf of CIP Asset Management.
AMP Capital welcomes Cbus Property & UniSuper as new partners in Australia’s largest retail transaction $2.2 billion
One of Australia’s leading superannuation funds Uni Super and Cbus Property, one of Australia’s leading property investors and developers, have taken the majority ownership of Pacific Fair in Queensland and 50 per cent ownership of Macquarie Centre in New South Wales in a $2.2 billion deal.
Fully leased West Perth office building sold for $5.35m by JLL
25 Richardson Street West Perth sold for $5,350,000 to local Perth-based private investor Tribar Capital. The transaction was brokered by JLL’s Sean Flynn, Director of Sales and Investments, reflecting an initial yield of approximately 6.30%.
Another Queen Street Brisbane tower sold PGIM Real Estate
PGIM Real Estate has today confirmed the acquisition of 444 Queen Street, Brisbane, from vendors Abacus Property Group and The Public Trustee of Queensland for $54.4 million, negotiated by CBRE and Knight Frank.
Home Consortium acquisition highlights unwavering demand for childcare property investments says CBRE
The largest publicly marketed Australian early learning investment portfolio in recent history has sold to Home Consortium’s ASX listed HealthCo Healthcare & Wellness REIT (HCW) for $98m negotiated by Sandro Peluso, Jimmy Tat and Marcello Caspani Muto of CBRE’s Australian Healthcare and...
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.
