Boutique Adelaide CBD office building sold for $14.2 million - JLL
Competing with more than 100 enquirers a local Adelaide syndicate seals biggest CBD office deal in Adelaide for 12 months, sold by JLL agents Ben Parkinson and Jack O’Leary.
With nearly three decades of real estate experience between them, renowned Adelaide commercial property agents Oliver Totani, Jack Dyson and Harry Einarson have teamed up to open RWC Adelaide.
Dexus announces successful fundraising for its real estate opportunity fund
Australasian real asset manager Dexus announced it has successfully raised more than $300 million for a first close for its second dedicated real estate opportunity fund, putting it on track to raise up to $1 billion in equity.
ASX listed Elders acquires major Tasmanian real estate network
Elders has announced significant expansion of their Tasmanian real estate footprint with the acquisition and rebranding of Knight Frank Tasmania, effective 1 May.
Lemon Baxter bolsters Melbourne leasing team with 3 strategic hires
Lemon Baxter secures the talents of three highly respected leasing professionals, Josh Tebb, Mario Nobrega, and Robbie Douglas, welcomed Lemon Baxter Managing Director Paul O’Sullivan.
Retail continues to spearhead commercial property recovery - Colliers
After proving most resilient commercial property sector over 2023, investors once again voted with their wallets for retail in Q1 2024, ensuring $916 million was traded nationally according to Colliers Managing Director of Retail Capital Markets Lachlan MacGillivray.
Development site in growing Logan City sold by Knight Frank
A 2,023sq m development site at 289 Kingston Road Logan Central sold for $950,000 has a range of potential commercial or residential uses but will be used to expand the existing Logan Medical Centre. The off-market deal was negotiated by Knight Frank agents Jacob Heinke and Hayden Ryan.
Centuria increases stake in strongly performing real estate finance business
Centuria Capital Group (ASX: CNI or “Centuria”) announced it has increased its interest in Centuria Bass Credit Pty Ltd (“Centuria Bass”) to 80% for a consideration of $57 million plus adjustment for NTA.