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Company News

Australian property market wrap: 29 September 2023

From the city to the regions, today’s wrap spans shopping centres and developments across the nation.

Centennial and Brookfield Real Estate Secondaries acquire two Sydney assets for $163M

The acquisition includes properties in Brookvale and Prestons.

Australian property market wrap: 21 August 2023

Today’s wrap includes a veritable mix of listings, milestones, and upcoming projects.

Victoria to see more retail precincts built, and bluechip Collins Street property hits the market

Three major retail properties have come to market across Melbourne, with a small CBD property expected to fetch over $25M

Melbourne office, Truganina distribution centre, and Adelaide childcare all sell for $6M

Three sales across three vastly different sectors made for a total of almost $18 million

Woolworths to sell Dakabin and Bannockburn shopping centres

The two new shopping centres both come with long-term leases back to the supermarket giant

Colliers lists Gold Coast shopping centre with DA for 51 apartments

The catchment population of the centre is growing at a rate double that of the Southeast Queensland average

Private investor demand for regional supermarkets continues

The Woolworths supermarket in the town of Narrabri has sold for $16.5M, representing a 4.4% yield

Centuria acquires $60.25M Newcastle shopping centre

11 first-round offers were received for the relatively new shopping centre in Newcastle’s Western Growth Corridor

Parkstone acquires Wagga Wagga Woolworths

The Adelaide fund manager purchased the supermarket for $20 million