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.
Byron Bay retail asset for sale first time in 100 years by CBRE
The tightly-held Timperley’s Corner Byron Bay for sale for the first time since 1935. 14 Jonson Street for sale by CBRE Mark Witheriff, Joe Tynan and James Douglas appointed by the Timperley family to manage the public tender campaign.
Flinders street Restaurant leased to ELCHI by CBRE
The Victorian Retail Leasing Team CBRE have negotiated a restaurant location at 72 Flinders Street, Melbourne leased to new dining concept, ELCHI, adjacent to 8 Exhibition Street which is owned by Keppel REIT.
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.
50% stake in Runaway Bay Shopping Centre sold for $128 million year CBRE
Perth’s Greenpool Capital in partnership with investment firm Qualitas has made its latest retail play, acquiring a 50% stake in the Gold Coast’s Runaway Bay Shopping Centre for $128 million. CBRE’s Head of Retail Capital Markets – Pacific, Simon Rooney negotiated the off-market sale on behalf...
Osborne Park retail space leased to Bed, Bath N’ Table by Realmark Commercial
A brand-new large format retailer secures space in King Edward Commercial Centre Unit 1, 488 Scarborough Beach Road Osborne Park leased to Bed, Bath N’ Table. The deal was transacted by Mike Rowe and Fletcher Wolpers of Realmark Commercial.
High profile Chapel Street corner sold via online auction by Fitzroys
Commercial investment 232-234 Chapel Street & 2-2A Cecil Place Prahran sold through an online auction by Fitzroys’ Mark Talbot and David Bourke for $3.84 million, at a 2.3% yield on the passing rental.
Sydney investors buy up regional Victorian neighbourhood shopping centres negotiated by JLL
Eastwood Village Shopping Centre in Bairnsdale and West Place Shopping Centre in Churchill sold separately to Sydney based investors for a combined value of approximately $30,000,000 by JLL Retail Investments team of Tom Noonan and Stuart Taylor.
