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    Property sales continue to grow

    Property sales continue to grow

    Dr Martens steps into global flagship store on Oxford Street | News

    Dr Martens steps into global flagship store on Oxford Street | News

    Hungary’s resi market in 2023 to copy results of 2022 | Property Forum

    Hungary’s resi market in 2023 to copy results of 2022 | Property Forum

    Property Tax Rally held at Montana State Capitol

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    Aviva and Socius to develop £1bn south London cancer research hub | News

    Aviva and Socius to develop £1bn south London cancer research hub | News

    Property Forum Awards 2023 – Shortlist announced

    Property Forum Awards 2023 – Shortlist announced

    International Real Estate Report Highlights Portugal’s Thriving ‘Property Hotspots’

    International Real Estate Report Highlights Portugal’s Thriving ‘Property Hotspots’

    Irwin Mitchell adds Keith Davidson to ESG practice | News

    Irwin Mitchell adds Keith Davidson to ESG practice | News

    Mitiska REIM raises €168 million | Property Forum

    Mitiska REIM raises €168 million | Property Forum

  • Retail
    Dallas Design District property sells to North Carolina investor

    Dallas Design District property sells to North Carolina investor

    Developers Are Hiring Private Security to Relocate Homeless

    Developers Are Hiring Private Security to Relocate Homeless

    PWD’s $75m Buy Sets Large Format Retail Sale Benchmark

    PWD’s $75m Buy Sets Large Format Retail Sale Benchmark

    Best years ahead for Hong Kong retail industry as patience needed for post-Covid recovery, Wharf group says

    Best years ahead for Hong Kong retail industry as patience needed for post-Covid recovery, Wharf group says

    Allsup’s in Waco; Stay Classy pauses; $344M in unclaimed property; state tennis

    Allsup’s in Waco; Stay Classy pauses; $344M in unclaimed property; state tennis

    Garbanzo Mediterranean Fresh inks 1,700 sq. ft. lease at ShopRite-anchored plaza in Delran

    Garbanzo Mediterranean Fresh inks 1,700 sq. ft. lease at ShopRite-anchored plaza in Delran

    BPF calls for empty rates relief extension | Features and analysis

    BPF calls for empty rates relief extension | Features and analysis

    Staunton streetscaping, Buc-ee’s confirmed and library happenings: The Digest

    Staunton streetscaping, Buc-ee’s confirmed and library happenings: The Digest

    Vukile targets growth in rural retail

    Vukile targets growth in rural retail

  • Residential
    One of Utah’s largest deeply affordable housing developments, Ville 1659, fails

    One of Utah’s largest deeply affordable housing developments, Ville 1659, fails

    The Evolution of PD&R National Housing Market Releases

    The Evolution of PD&R National Housing Market Releases

    Renovated San Antonio senior housing reopens with on-site clinic

    Renovated San Antonio senior housing reopens with on-site clinic

    Moline acquires abandoned properties to turn into housing

    Moline acquires abandoned properties to turn into housing

    Construction to renovate Archer School into affordable housing ramps up

    Construction to renovate Archer School into affordable housing ramps up

    HUD Announces Over $30 Million to Combat Housing Discrimination Nationwide

    HUD Announces Over $30 Million to Combat Housing Discrimination Nationwide

    LA Housing Department Proposes Increasing Residential Hotel Enforcement — ProPublica

    LA Housing Department Proposes Increasing Residential Hotel Enforcement — ProPublica

    Annexation for south entrance property before Whitefish Council

    Annexation for south entrance property before Whitefish Council

    Overall private residential property prices remained broadly flat amid lower sale transaction volume in 3Q2023

    Overall private residential property prices remained broadly flat amid lower sale transaction volume in 3Q2023

  • Office
    A new office tower for a new office era

    A new office tower for a new office era

    Space leased at 18 Broad in Charleston > Charleston Business Journal

    Space leased at 18 Broad in Charleston > Charleston Business Journal

    Cyclone Gabrielle: Final number of Category 3 properties revealed for Hawke’s Bay; ‘buyout office’ to be set up

    Cyclone Gabrielle: Final number of Category 3 properties revealed for Hawke’s Bay; ‘buyout office’ to be set up

    Apartments, retail and more proposed for old Cooper Stadium property

    Apartments, retail and more proposed for old Cooper Stadium property

    KERA Sells Property Near Uptown Dallas, Making Way for New … – CoStar Group

    KERA Sells Property Near Uptown Dallas, Making Way for New … – CoStar Group

    US office prices headed for ‘severe crash,’ investors say

    US office prices headed for ‘severe crash,’ investors say

    CTO Realty Growth Announces Sale of Single Tenant Office Property in Reston, Virginia For $18.5 Million -October 02, 2023 at 07:31 am EDT

    CTO Realty Growth Announces Sale of Single Tenant Office Property in Reston, Virginia For $18.5 Million -October 02, 2023 at 07:31 am EDT

    Taking a closer look | News, Sports, Jobs

    Taking a closer look | News, Sports, Jobs

    Severe crash coming for US office properties, investors say

    Severe crash coming for US office properties, investors say

  • Industrial
    Bis Henderson merges consultancy and space arms to form Visku | News

    Bis Henderson merges consultancy and space arms to form Visku | News

    SJTA & IRG Reach Agreement on Industrial Development Lease in New Jersey

    SJTA & IRG Reach Agreement on Industrial Development Lease in New Jersey

    SEGRO appoints new European head of investment

    SEGRO appoints new European head of investment

    Tuas Mega Port – driving warehouse demand in West Singapore

    Tuas Mega Port – driving warehouse demand in West Singapore

    This Week’s Dallas-Fort Worth Deal Sheet (October 10, 2023)

    This Week’s Dallas-Fort Worth Deal Sheet (October 10, 2023)

    2024 Pre-Roll Consultation Period is Underway

    2024 Pre-Roll Consultation Period is Underway

    Investment firm KKR sells $560 million of U.S. industrial real estate, including Lehigh Valley properties | Lehigh Valley Regional News

    Investment firm KKR sells $560 million of U.S. industrial real estate, including Lehigh Valley properties | Lehigh Valley Regional News

    Australian Property Journal’s sales and leasing transactions wrap

    Australian Property Journal’s sales and leasing transactions wrap

    Industrial Tenants Flee Sydney High Rents, Space Shortages

    Industrial Tenants Flee Sydney High Rents, Space Shortages

  • Hotel
    Uy inks debt-restructuring deal with Chinabank

    Uy inks debt-restructuring deal with Chinabank

    In the healing journey, sometimes luxury is just what the doctor ordered – eJewish Philanthropy

    In the healing journey, sometimes luxury is just what the doctor ordered – eJewish Philanthropy

    County Durham’s Esh Group toasts healthy profits after year of headwinds

    County Durham’s Esh Group toasts healthy profits after year of headwinds

    Council hears more on Oasis sports complex

    Council hears more on Oasis sports complex

    Diversified Trust Co Increases Holdings in DiamondRock Hospitality: A Promising Investment Opportunity in the Hospitality Industry

    Diversified Trust Co Increases Holdings in DiamondRock Hospitality: A Promising Investment Opportunity in the Hospitality Industry

    ‘Overlooked’ Kilmarnock and Irvine set to receive ‘surprise’ £20m cash injection from UK Government

    ‘Overlooked’ Kilmarnock and Irvine set to receive ‘surprise’ £20m cash injection from UK Government

    Paving the Way for Sustainable African Development

    Paving the Way for Sustainable African Development

    England’s Slow-Motion Debt Crisis Rolls Into View

    England’s Slow-Motion Debt Crisis Rolls Into View

    Check in for a greener future at Holiday Inn Express Newcastle | Newcastle Herald

    Check in for a greener future at Holiday Inn Express Newcastle | Newcastle Herald

  • Buying a Home
    Mansion Global Daily: Chinese Buyers Spent an Extra A$1 Billion on Australian Property

    Mansion Global Daily: Chinese Buyers Spent an Extra A$1 Billion on Australian Property

    Seven Common Misconceptions People Have About Buying a Home

    Seven Common Misconceptions People Have About Buying a Home

    France’s Vantiva to buy CommScope’s Home Networks

    France’s Vantiva to buy CommScope’s Home Networks

    Should I rent or buy a home? How to weigh your options – NBC 6 South Florida

    Should I rent or buy a home? How to weigh your options – NBC 6 South Florida

    Consumer Corner: Should I rent or buy a home? – NBC 6 South Florida

    Consumer Corner: Should I rent or buy a home? – NBC 6 South Florida

    How buying a new home can save you capital gains tax on shares, MF

    How buying a new home can save you capital gains tax on shares, MF

    Couple buys UFO-shaped house in DeWitt Township, will document renovations on TikTok

    Couple buys UFO-shaped house in DeWitt Township, will document renovations on TikTok

    Seaside haven votes to ban wealthy Londoners from buying holiday lets amid demands they face TRIPLE council tax…but local firms say they need tourists to survive

    Seaside haven votes to ban wealthy Londoners from buying holiday lets amid demands they face TRIPLE council tax…but local firms say they need tourists to survive

    How to buy a video doorbell

    How to buy a video doorbell

  • Selling a Home
    10 Best Selling Espresso Makers for 2023

    10 Best Selling Espresso Makers for 2023

    Top selling home in Tiverton

    Top selling home in Tiverton

    Top selling home in New Bedford.

    Top selling home in New Bedford.

    Australian grandmother scammed out of $750,000 after selling her family home

    Australian grandmother scammed out of $750,000 after selling her family home

    You can buy an 8x18ft tiny home on the beach for only $45,500

    You can buy an 8x18ft tiny home on the beach for only $45,500

    Grandma scammed out of nearly $480K after selling family home in fraud scheme

    Grandma scammed out of nearly $480K after selling family home in fraud scheme

    Grandmother scammed out of $750,000

    Grandmother scammed out of $750,000

    Home battery owners earned up to £26 in trial for selling power to the grid

    Home battery owners earned up to £26 in trial for selling power to the grid

    James Packer mansion: Billionaire selling LA home for $132 million – 9News

    James Packer mansion: Billionaire selling LA home for $132 million – 9News

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  • Home
  • News
    Property sales continue to grow

    Property sales continue to grow

    Dr Martens steps into global flagship store on Oxford Street | News

    Dr Martens steps into global flagship store on Oxford Street | News

    Hungary’s resi market in 2023 to copy results of 2022 | Property Forum

    Hungary’s resi market in 2023 to copy results of 2022 | Property Forum

    Property Tax Rally held at Montana State Capitol

    Property Tax Rally held at Montana State Capitol

    Aviva and Socius to develop £1bn south London cancer research hub | News

    Aviva and Socius to develop £1bn south London cancer research hub | News

    Property Forum Awards 2023 – Shortlist announced

    Property Forum Awards 2023 – Shortlist announced

    International Real Estate Report Highlights Portugal’s Thriving ‘Property Hotspots’

    International Real Estate Report Highlights Portugal’s Thriving ‘Property Hotspots’

    Irwin Mitchell adds Keith Davidson to ESG practice | News

    Irwin Mitchell adds Keith Davidson to ESG practice | News

    Mitiska REIM raises €168 million | Property Forum

    Mitiska REIM raises €168 million | Property Forum

  • Retail
    Dallas Design District property sells to North Carolina investor

    Dallas Design District property sells to North Carolina investor

    Developers Are Hiring Private Security to Relocate Homeless

    Developers Are Hiring Private Security to Relocate Homeless

    PWD’s $75m Buy Sets Large Format Retail Sale Benchmark

    PWD’s $75m Buy Sets Large Format Retail Sale Benchmark

    Best years ahead for Hong Kong retail industry as patience needed for post-Covid recovery, Wharf group says

    Best years ahead for Hong Kong retail industry as patience needed for post-Covid recovery, Wharf group says

    Allsup’s in Waco; Stay Classy pauses; $344M in unclaimed property; state tennis

    Allsup’s in Waco; Stay Classy pauses; $344M in unclaimed property; state tennis

    Garbanzo Mediterranean Fresh inks 1,700 sq. ft. lease at ShopRite-anchored plaza in Delran

    Garbanzo Mediterranean Fresh inks 1,700 sq. ft. lease at ShopRite-anchored plaza in Delran

    BPF calls for empty rates relief extension | Features and analysis

    BPF calls for empty rates relief extension | Features and analysis

    Staunton streetscaping, Buc-ee’s confirmed and library happenings: The Digest

    Staunton streetscaping, Buc-ee’s confirmed and library happenings: The Digest

    Vukile targets growth in rural retail

    Vukile targets growth in rural retail

  • Residential
    One of Utah’s largest deeply affordable housing developments, Ville 1659, fails

    One of Utah’s largest deeply affordable housing developments, Ville 1659, fails

    The Evolution of PD&R National Housing Market Releases

    The Evolution of PD&R National Housing Market Releases

    Renovated San Antonio senior housing reopens with on-site clinic

    Renovated San Antonio senior housing reopens with on-site clinic

    Moline acquires abandoned properties to turn into housing

    Moline acquires abandoned properties to turn into housing

    Construction to renovate Archer School into affordable housing ramps up

    Construction to renovate Archer School into affordable housing ramps up

    HUD Announces Over $30 Million to Combat Housing Discrimination Nationwide

    HUD Announces Over $30 Million to Combat Housing Discrimination Nationwide

    LA Housing Department Proposes Increasing Residential Hotel Enforcement — ProPublica

    LA Housing Department Proposes Increasing Residential Hotel Enforcement — ProPublica

    Annexation for south entrance property before Whitefish Council

    Annexation for south entrance property before Whitefish Council

    Overall private residential property prices remained broadly flat amid lower sale transaction volume in 3Q2023

    Overall private residential property prices remained broadly flat amid lower sale transaction volume in 3Q2023

  • Office
    A new office tower for a new office era

    A new office tower for a new office era

    Space leased at 18 Broad in Charleston > Charleston Business Journal

    Space leased at 18 Broad in Charleston > Charleston Business Journal

    Cyclone Gabrielle: Final number of Category 3 properties revealed for Hawke’s Bay; ‘buyout office’ to be set up

    Cyclone Gabrielle: Final number of Category 3 properties revealed for Hawke’s Bay; ‘buyout office’ to be set up

    Apartments, retail and more proposed for old Cooper Stadium property

    Apartments, retail and more proposed for old Cooper Stadium property

    KERA Sells Property Near Uptown Dallas, Making Way for New … – CoStar Group

    KERA Sells Property Near Uptown Dallas, Making Way for New … – CoStar Group

    US office prices headed for ‘severe crash,’ investors say

    US office prices headed for ‘severe crash,’ investors say

    CTO Realty Growth Announces Sale of Single Tenant Office Property in Reston, Virginia For $18.5 Million -October 02, 2023 at 07:31 am EDT

    CTO Realty Growth Announces Sale of Single Tenant Office Property in Reston, Virginia For $18.5 Million -October 02, 2023 at 07:31 am EDT

    Taking a closer look | News, Sports, Jobs

    Taking a closer look | News, Sports, Jobs

    Severe crash coming for US office properties, investors say

    Severe crash coming for US office properties, investors say

  • Industrial
    Bis Henderson merges consultancy and space arms to form Visku | News

    Bis Henderson merges consultancy and space arms to form Visku | News

    SJTA & IRG Reach Agreement on Industrial Development Lease in New Jersey

    SJTA & IRG Reach Agreement on Industrial Development Lease in New Jersey

    SEGRO appoints new European head of investment

    SEGRO appoints new European head of investment

    Tuas Mega Port – driving warehouse demand in West Singapore

    Tuas Mega Port – driving warehouse demand in West Singapore

    This Week’s Dallas-Fort Worth Deal Sheet (October 10, 2023)

    This Week’s Dallas-Fort Worth Deal Sheet (October 10, 2023)

    2024 Pre-Roll Consultation Period is Underway

    2024 Pre-Roll Consultation Period is Underway

    Investment firm KKR sells $560 million of U.S. industrial real estate, including Lehigh Valley properties | Lehigh Valley Regional News

    Investment firm KKR sells $560 million of U.S. industrial real estate, including Lehigh Valley properties | Lehigh Valley Regional News

    Australian Property Journal’s sales and leasing transactions wrap

    Australian Property Journal’s sales and leasing transactions wrap

    Industrial Tenants Flee Sydney High Rents, Space Shortages

    Industrial Tenants Flee Sydney High Rents, Space Shortages

  • Hotel
    Uy inks debt-restructuring deal with Chinabank

    Uy inks debt-restructuring deal with Chinabank

    In the healing journey, sometimes luxury is just what the doctor ordered – eJewish Philanthropy

    In the healing journey, sometimes luxury is just what the doctor ordered – eJewish Philanthropy

    County Durham’s Esh Group toasts healthy profits after year of headwinds

    County Durham’s Esh Group toasts healthy profits after year of headwinds

    Council hears more on Oasis sports complex

    Council hears more on Oasis sports complex

    Diversified Trust Co Increases Holdings in DiamondRock Hospitality: A Promising Investment Opportunity in the Hospitality Industry

    Diversified Trust Co Increases Holdings in DiamondRock Hospitality: A Promising Investment Opportunity in the Hospitality Industry

    ‘Overlooked’ Kilmarnock and Irvine set to receive ‘surprise’ £20m cash injection from UK Government

    ‘Overlooked’ Kilmarnock and Irvine set to receive ‘surprise’ £20m cash injection from UK Government

    Paving the Way for Sustainable African Development

    Paving the Way for Sustainable African Development

    England’s Slow-Motion Debt Crisis Rolls Into View

    England’s Slow-Motion Debt Crisis Rolls Into View

    Check in for a greener future at Holiday Inn Express Newcastle | Newcastle Herald

    Check in for a greener future at Holiday Inn Express Newcastle | Newcastle Herald

  • Buying a Home
    Mansion Global Daily: Chinese Buyers Spent an Extra A$1 Billion on Australian Property

    Mansion Global Daily: Chinese Buyers Spent an Extra A$1 Billion on Australian Property

    Seven Common Misconceptions People Have About Buying a Home

    Seven Common Misconceptions People Have About Buying a Home

    France’s Vantiva to buy CommScope’s Home Networks

    France’s Vantiva to buy CommScope’s Home Networks

    Should I rent or buy a home? How to weigh your options – NBC 6 South Florida

    Should I rent or buy a home? How to weigh your options – NBC 6 South Florida

    Consumer Corner: Should I rent or buy a home? – NBC 6 South Florida

    Consumer Corner: Should I rent or buy a home? – NBC 6 South Florida

    How buying a new home can save you capital gains tax on shares, MF

    How buying a new home can save you capital gains tax on shares, MF

    Couple buys UFO-shaped house in DeWitt Township, will document renovations on TikTok

    Couple buys UFO-shaped house in DeWitt Township, will document renovations on TikTok

    Seaside haven votes to ban wealthy Londoners from buying holiday lets amid demands they face TRIPLE council tax…but local firms say they need tourists to survive

    Seaside haven votes to ban wealthy Londoners from buying holiday lets amid demands they face TRIPLE council tax…but local firms say they need tourists to survive

    How to buy a video doorbell

    How to buy a video doorbell

  • Selling a Home
    10 Best Selling Espresso Makers for 2023

    10 Best Selling Espresso Makers for 2023

    Top selling home in Tiverton

    Top selling home in Tiverton

    Top selling home in New Bedford.

    Top selling home in New Bedford.

    Australian grandmother scammed out of $750,000 after selling her family home

    Australian grandmother scammed out of $750,000 after selling her family home

    You can buy an 8x18ft tiny home on the beach for only $45,500

    You can buy an 8x18ft tiny home on the beach for only $45,500

    Grandma scammed out of nearly $480K after selling family home in fraud scheme

    Grandma scammed out of nearly $480K after selling family home in fraud scheme

    Grandmother scammed out of $750,000

    Grandmother scammed out of $750,000

    Home battery owners earned up to £26 in trial for selling power to the grid

    Home battery owners earned up to £26 in trial for selling power to the grid

    James Packer mansion: Billionaire selling LA home for $132 million – 9News

    James Packer mansion: Billionaire selling LA home for $132 million – 9News

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Fund-through deals powering small office buildings

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2021-11-12
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Anthony Wilson’s Terraplex is selling a shop at 358 Clarendon Street, in the heart of the South Melbourne village, with an office at the rear. Dixon Kestles agent Simon Regan is auctioning the property on December 9 and expecting about $2 million.

Joint venture

Franze Developments and the Sampieri Group have also turned to a fund-through sales process for their 430-438 Chapel Street site.

They are selling a seven-level, 3148 square metre building through Gross Waddell ICR agents Danny Clark, Michael Gross and Alex Ham.

The joint venture paid $11 million for the site in 2018. It’s close to the Jam Factory redevelopment and is expected to fetch more than $40 million.

Developers are counting on companies looking for smaller buildings after the latest pandemic outbreak with the ability to occupy and control whole floors.

Chow sells

United Asia Group’s Nicole Chow has sold almost all her commercial holdings at 33 Flemington Road, where she developed the 20-level North apartment project.

The 102-bay, two-level car park is the latest part of the building to hit the market, and is expected to fetch about $5 million.

Opposite the Parkville bio-medical precinct, the car park is leased to Melbourne Health and services local healthcare workers. It returns $203,237 a year in rent.

Colliers agents Alexander Leggo, Anthony Kirwan and Leon Ma are handling expressions of interest for Ms Chow, who has already sold several shops and offices.

The offering comes fresh from the sale of a UAG development site in Kensington.

A joint venture between Macquarie Bank and the Partner Group is understood to be planning a build-to-rent project at 346-350 Macaulay Road.

UAG paid a hefty $35 million for the 8803-square metre site — formerly home to Vision Australia — and is believed to have sold it for about $50 million.

Records show a caveat has been lodged by Intertrust Australia, the local arm of Amsterdam-based Intertrust, which is understood to be the source of some of the capital funding the project.

That deal was handled by JLL’s Josh Rutman, Noral Wild and David Hill with Colliers International’s Trent Hobart, Hamish Burgess and Jozef Dickinson.

Catholic college

The Catholic Church’s school arm has snapped up Southern Cross Education Institute’s West Melbourne campus.

The Melbourne Archdiocese Catholic Schools will expand the campus of Simons Catholic College — located across the road — into 52-58 Chetwynd Street. The 1455-square metre building is on a 1000-square metre parcel of city-fringe land.

SCIE bought the office building in 2017, paying $6.5 million. West Melbourne properties are trading around $10,000 a square metre, which gives the deal a value of about $10 million.

The Catholic Church’s school arm has snapped up Southern Cross Education Institute’s West Melbourne campus.

The Catholic Church’s school arm has snapped up Southern Cross Education Institute’s West Melbourne campus.Credit:

NSL Property Group’s Guy Naselli handled the transaction but declined to comment on the price.

Five bidders competed for the property, with its education rating proving highly attractive, Mr Naselli said.

SCIE has other campuses in North Melbourne. Simons College’s West Melbourne campus houses its year 7 to 9 students.

Regional shops

A row of four adjoining shops in the heart of Healesville have been snapped up by a local investor offering a very short 14-day settlement.

The shops at 260-262 Maroondah Highway fetched $3.97 million, reflecting a yield of 4.5 per cent.

Stonebridge Property Group agents Nic Hage, who did the deal with Rorey James and Kevin Tong, said the return had set a new benchmark for the Healesville strip.

Seven bidders had missed out on the property, Mr Hage said.

Meanwhile, a portfolio of 12 shops, offloaded by a single vendor with interests in the south-east of the state, has fetched a total of $9.32 million.

The eight strata-titled and four freehold properties were amassed over a 25-year period and sold to 10 separate investors.

The deal reflected an average yield of 5.36 per cent which is very strong given their locations around Gippsland.

The portfolio was sold by the Stonebridge team, including Sarah Xi.

Buddies centre

An international investor has paid $9.51 million for a childcare centre in Glen Huntly, reflecting a sharp yield of 4.5 per cent.

The Buddies Early Learning centre at 81 Grange Road opened in 2017 and has a 15-year lease.

CBRE agents Sandro Peluso, Jimmy Tat and Marcello Caspani-Muto acted for the vendor. It’s the latest in a string of strong childcare centre deals.

An international investor paid $9.51 million for a childcare centre in Glen Huntly.

An international investor paid $9.51 million for a childcare centre in Glen Huntly.Credit:

Coolest street

Eager investors are clearly undermining Smith Street, Collingwood’s “coolest street in the world” award with hot levels of enthusiasm.

At an auction on Wednesday, eight bidders pushed the price of 110-112 Smith Street 37 per cent above reserve to $4.79 million. The yield reflected a sharp 2.88 per cent.

The 329-square metre shop is on a 379-square metre piece of land on the corner of Peel Street, opposite the Grace Darling pub.

JLL agents Josh Rutman, Tim Carr and MingXuan Li handled the auction for the vendors who paid just $70,000 in 1975.

Next up is 388 Smith Street, the old Mag-Pie Shop, where a new business trades from its traditional black-and-white painted facade.

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