Jarra Property Western Australia Childcare Portfolio sold to Dorado Property Group $18.4m by LJ Hooker Commercial
Dorado Property Group has purchased a childcare property portfolio for a total of $18.409 million from Perth-based Jarra Property. LJ Hooker’s Jake Wallman handed the off-market sale of the four centres which sold on a blended yield of 6.1%.
Following 13 years as ACT Managing Director, Andrew Balzanelli to step down from the role, as JLL’s Head of Sales & Investments, Tim Mutton announced as new leader.
Lendlease APPF Retail fund offer Caneland Central Mackay for sale by JLL
JLL Retail Investments (Australia) – Senior Directors, Nick Willis and Sam Hatcher have been exclusively appointed on behalf of Lendlease to bring APPF Retail’s 100% interest of Caneland Central for sale via an Expressions of Interest campaign.
ALDI sells their first Supermarket in Victoria as Coles Supermarket in Lalor hits the market - Stonebridge
ALDI bayside Mordialloc the first supermarket sold for 2022. Stonebridge Property Group’s Justin Dowers, Kevin Tong and Rorey James exclusively handling the transaction on behalf of ALDI.
BP anchored Service Centre for sale by Stonebridge
The Service Centre anchored by BP (12 Year Lease) and Carl’s Jr. (15 Year Lease) plus two (2) complementary warehouse tenants for sale by Rorey James, Kevin Tong and Justin Dowers from Stonebridge Property Group.
Off the plan Service Station KFC plus 7 shops sold on 4.8% yield by Stonebridge
Melbourne based developers Strintzos Property Group and Dacland developed 7-Eleven anchored Service Centre in Tarneit sold $19.91m at yield of 4.8%. Rorey James, Kevin Tong and Justin Dowers from Stonebridge Property Group exclusively handled the transaction.
A 50% interest in the Colonnades Shopping Centre Adelaide for sale by JLL
JLL’s Retail Investments Team Australia Nick Willis and Sam Hatcher have been appointed to offer a 50% stake into Colonnades Shopping Centre for sale on behalf of Perron Group via an international Expressions-Of-Interest campaign.
Omicron, inflation, rates, election, weigh on investors in 2022 says Wizel
Commercial investors have shown a remarkable level of resilience and, in the view of Advise Transact, are likely to continue to accentuate the positive according to Advise Transact Asia Pacific managing director, Mark Wizel.
Mammoth year for office middle markets as $4.78 billion sold nationally
There were 137 assets sold across Australia in 2021, as the market bounced back despite continued lockdowns. Colliers Head of Investment Services Australia Matthew Meynell said “We are particularly seeing assets within the $20 million-$40 million range being the most competitive and sought after...
