SALES, TRANSACTIONS
Foxtel HQ fetches 33m
BRISBANE-based Trident Corporation and investment advisory company Alceon Group have team up to buy the Gold Coast headquarters of Foxtel for $33 million from BlackRock Australia. ... Full story
Korean hones in on Erina shopping centre
SOUTH Korea's National Pension Service (NPS) is believed to snapped up GPT's share in the Erina Fair shopping centre on the New South Wales Central Coast. ... Full story
Leaseback the new black for businesses
AN increasing number of corporates are turning to sale and leaseback deals to unlock capital and reinvest back into the business, according to CBRE. ... Full story
Investments sell like hot cakes at auction
APPROXIMATELY $50 million worth of commercial and retail investments were sold under the hammer at Crown Casino yesterday by Burgess Rawson. ... Full story
QT Hotels hits the slopes
AMALGAMATED Holdings Limited's luxury boutique hotel brand, QT Hotels, has acquired Victoria's largest ski resort property, Quay West Falls Creek. ... Full story
Metcash makes some cash
WHOLESALE distribution company Metcash has sold the Rochedale Shopping Village in Brisbane for $20 million to an investment fund established by neighbourhood centre specialist Hadley Green. ... Full story
Private developer buys Brunswick site
A MIXED use development site in Melbourne's city fringe suburb of Brunswick has been sold by Vinci Carbone and Teska Carson. ... Full story
Castricum recycles capital from Dandy sale
THE Castricum family has sold a major industrial property at Dandenong in Melbourne's south-east to AAD Recycling Services in a deal negotiated by Jones Lang LaSalle. ... Full story
Tea importer buys Clayton warehouse
A LOCAL tea importer and distribution business has paid $290,000 for an office and warehouse building at Clayton in Melbourne’s south-east in a deal negotiated by Savills Australia. ... Full story
RDP syndicate sells NZ shop
THE Retail Direct Property 20 syndicate, formerly Centro MCS 20, has sold the Porirua MegaCentre for $NZ30.5 million. ... Full story
Mazda zoom zoom into Hoppers Crossing
CAR dealer Werribee Mazda has acquired a freestanding warehouse office property at Hoppers Crossing. ... Full story
Developer buys Wollongong Oxford Tavern site
A SYDNEY-based developer has acquired the Wollongong Oxford Tavern site. ... Full story
100m La Trobe site sold
A DEVELOPMENT site at La Trobe St in Melbourne's CBD, with approval for a $100 million apartment project, has been sold for $8.5 million. ... Full story
Brisbane tech park buildings fetch 22m
A PORTFOLIO of four freestanding buildings within the Brisbane Technology at Eight Mile Plains has sold for $22.59 million. ... Full story
Boutique La Trobe building sells for premium
A BOUTIQUE two-level office building at La Trobe St in Melbourne's CBD has sold for $4.1 million by agents Savills Australia. ... Full story
Monopoly not a good analogy to real estate
OPINION: MONOPOLY is a board game that allows you to...
Interest rates still falling, more to go
OPINION: The RBA has cut interest rates again and they...
Investors coming out of hibernation
INVESTORS are returning to the residential property market in response...
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