David Jones Menswear store Bourke Street Mall sold for $121m by CBRE
Melbourne's David Jones menswear store at 299 Bourke Street Mall has sold to Newmark Capital for $121 million by CBRE’s Simon Rooney, Head of Retail Capital Markets - Pacific.
Prestons fuel station sold for $8M to Sydney Investor by Ray White Commercial
Prestons BP service station sold for $8 million to a Sydney investor by Stephen Kidd and Elliot Kidd of Ray White Commercial QLD and Joseph Assaf Director of Ray White Commercial Western Sydney.
Oakleigh childcare investment sold for $8 million through CBRE
A childcare investment property in Melbourne’s Oakleigh East has sold prior to the sales campaign to a Chinese investor in a deal negotiated by Sandro Peluso, Josh Twelftree, Jimmy Tat and Marcello Caspani-Muto of CBRE.
Global demographic changes immune to the pandemic drive demand for diverse long income generating real estate - Savills Report
Paul Tostevin Director Savills World Research, says: "Demographic trends such as ageing, urbanisation and shrinking households are likely to be immune to the effects of Covid-19 long term..."
A service station anchored by Jasbe Petroleum in Manly has sold to a private investor for $7.2 million in a deal negotiated by JLL's Dylan McEvoy, Gordon McFadyen and Peter Seeto.
