Dexus announces Sale of 12 Creek Street Brisbane in a $391m deal
Dexus announces that it has conditionally exchanged contracts to sell 12 Creek Street, Brisbane, which it owns a 50% interest, with Dexus Wholesale Property Fund (DWPF) owning the remaining 50% interest.
Melbourne City Harbour office buildings sold to Singaporean institution $150m by Colliers and CBRE
Two A-Grade Melbourne office investments sold for $150 m by Colliers’ John Marasco, Anna Cavar, Oliver Hay and Adam Woodward with CBREs Mark Coster, Kiran Pillai, Scott McGlone and Stuart McCann.
Buyers set to circle $300m Brisbane office tower for sale by CBRE
A 100% stake in the award-winning design by nettletontribe Architects State Government-occupied office tower for sale. 53 Albert Street Brisbane for sale with offers in excess of $300 million anticipated. CBRE’s Bruce Baker, Flint Davidson and Stuart McCann have been appointed.
Grollo family GSO Dandenong long-leased government office in Melbourne for sale by Knight Frank
165-169 Thomas Street Dandenong for sale by the Grollo Family. Paul Kempton and Trent Preece of Knight Frank have been appointed with price expectations of over $170 million.
Hawthorn development leased to top childcare operator by CBRE
Niño Early Learning Adventures has leased a Hawthorn premium childcare centre off the plan to Niño Early Learning Adventures. 760 Toorak Road Hawthorn leased on a 20-year lease with two 10-year options negotiated by CBRE’s Healthcare and Social Infrastructure team of Sandro Peluso, Jimmy Tat and...
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%.
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.
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...
