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.
Albury Convenience Centre sold to Melbourne based Collective Capital for $29,500,000 by JLL
The Albury Convenience Centre sold by JLL Retail Investments Stuart Taylor, Tom Noonan and Nick Willis on behalf of the owner, a syndicate managed by FINDEX – Financial Advisory and Accounting Services firm.
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.
Strata investments sold - ideal investments say Fitzroys
Fitzroys‘ Chris Kombi and Ervin Niyaz have sold six out of six shops offered within Mosaic Village, at 53 Mosaic Drive, Lalor, in just a few short weeks for a combined $4.67 million
Melbourne Medical Centre Business and Freehold sold by CBRE
One West Family Medical Centre sold including the freehold property and business by CBRE Australian Healthcare & Social Infrastructure team of Marcello Caspani-Muto, Sandro Peluso and Jimmy Tat.
Sydney’s Oatley Village Square sold at 4.81% yield by CBRE
Oatley Village Square sold to a private investor following a hotly contested sale campaign. CBRE James Douglas, Joe Tynan and Michael Hedger negotiated the transaction on behalf of Bayley Property Group.
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.
Charter Hall acquires $245 m portfolio of government-leased assets from DOMA negotiated by Colliers
Charter Hall Group announced that it has acquired a $245 million portfolio of government-leased assets from private developer DOMA in an off-market transaction brokered by Paul Powderly from Colliers International.
Vacant Elizabeth Street Freehold Building Sold by CBRE
An International Chinese investor has made a cash purchase of a freehold Elizabeth Street building sold after 45 years of ownership. CBRE Melbourne City Sales team - Alex Brierley, Nathan Mufale and JJ Heng transacted the property.