SALES, TRANSACTIONS
Hume Hwy warehouse sold for $910k
A SHOWROOM warehouse property at 78 Hume Hwy Somerton in Melbourne's northern suburbs has been snapped up by a private investor for ...
Centro shop sold for 7% yield
A LOCAL private investor has paid $37.75 million for the Centro Newton sub regional shopping centre in suburban Adelaide. ...
Energex moves into Yandina estate
QUEENSLAND Government-owned energy company Energex has bought an industrial property at Yandina in the Sunshine Coast region. ... Full story
Footscray industrial sold for $3.73m
A SUBSTANTIAL industrial facility in Melbourne’s city fringe suburb of Footscray has been sold by Sutherland Farrelly for $3.73 million. ... Full story
Kensington industrial sold above reserve
AN OFFICE warehouse property at Kensington in Melbourne’s inner west has sold for $1.03 million by auction -- $180,000 above the reserve price. ... Full story
Growthpoint goes on a spending spree
GROWTHPOINT Properties Australia has splurged $289.5 million on four offices, including 333 Ann St in the Brisbane CBD for $109.9 million. ... Full story
Chinese developer snaps Sth Yarra site
MELBOURNE continues to attract Chinese developers, a Shanghai-based buyer has snapped up a residential development site at South Yarra with a permit for 236 apartments for $18 million. ... Full story
Woolies makes big spend before Christmas
WOOLWORTHS-backed Australian Leisure and Hospitality Group has increased its pub portfolio to over 300 properties, after acquiring 31 hotels and one bottle shop in New South Wales. ... Full story
Newhaven pays $1.8m for Randwick pub
PUB investor Newhaven Hotels has bought the remaining 50% in the Duke of Gloucester Hotel at Randwick, 6 km south-east of Sydney CBD. ... Full story
Rural industrial sales
TWO industrial properties at Corio and North Geelong in Victoria have sold for more than $2.4 million by agents Sutherland Farrelly in conjunction with Gartland Real Estate. ... Full story
Investec settles on Margaret St buy
INVESTEC Property has completed the purchase of the Queensland University of Technology office building in the Brisbane CBD. ... Full story
Everybody wants good neighbourhood centres
PRIVATE investor demand for neighbourhood shopping centres is going from strength to strength, according to CBRE which has sold the Centro Warners Bay at Lake Macquarie in NSW for $24.56 million. ... Full story
Airport West industrial three in line sale
THREE adjoining industrial sites at Airport West have been snapped up by Andale, Australia's largest manufacturer and supplier of Beer dispensing equipment, for $3.7 million. ... Full story
Asian developers swoop on Sydney sites
ASIAN based developers are flocking to Sydney’s inner western suburb of Burwood, snapping up $60 million worth of residential development sites in 18 months. ... Full story
Investor pays $1.735m for Lane Cove childcare centre
A PRIVATE investor has paid $1.735 million for a former ABC Learning Centre in Lane Cove. ... Full story
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