TradedAU DealSheet
Major office and retail investments, industrial trades, hotel transactions and the latest property-sector leadership changes - your Australian CRE news and data roundup.
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RETAIL & SHOPPING CENTRES
HMC Capital acquires Melton West’s Woolworths-anchored Coburns Central for $49m on a 5.5% initial yield. Read article →
CBRE launches Portfolio 188 after reporting more than $500m of Private Wealth transactions in the September quarter. Read article →
Forza Capital sells Epping Home & Life for $117.7m to a private investor, having acquired the centre for $54.25m in 2023. Read article →
MA Financial acquires Perron Group’s 50% stake in Melbourne’s The Glen for a reported $327.5m. The Australian · paywall →
Manning Property Partners buys Hervey Bay’s Coles- and Big W-anchored Pialba Place from Centuria for $39.9m at 7.97%. Read article →
Wizel Invest buys Berwick Marketplace for $26.115m at a reported 6.23% yield, with its capital raising 52% oversubscribed. Read article →
OFFICE
Dexus sells 101 George Street, Parramatta. See details
Acure goes shopping, buys two buildings to seed a new fund Read on →
Micah Projects buys APNIC’s South Brisbane office for approximately $9.5m to create a health and social-support hub. read more →
Mirvac’s Wholesale Office Fund settles a $394m purchase of a 50% stake in Sydney’s 5 Martin Place. Read article →
INDUSTRIAL & LOGISTICS
Australia Post brings its Alexandria and Minchinbury Sydney distribution facilities to market, targeting proceeds above $320m with leasebacks. Read article →
Brisbane Airport is preparing a reported $400m industrial land release as competition intensifies for TradeCoast stock. Read article →
Charter Hall, Tokyo Tatemono and UBS Asset Management establish a $1.2bn industrial and logistics mandate seeded with six east-coast investments. Charter Hall →
Leyton Funds acquires distribution centre at Underdale for $29m. Leyton Funds →
Harmony Property Investments buys Symbion’s Kewdale distribution centre for $16.8m with a leaseback. Harmony (via Instagram)→
Direct Commercial Property buys Tanuki’s land-rich Wellcamp asset for $10.05m Read On →
This week’s TradedAU DealSheet is brought to you by:
HOSPITALITY & HOTELS
Redcape Hotel Group reportedly acquires Caves Coastal Bar & Bungalows at Caves Beach from Oscars Hotels for about $40m. TradedAU →
Darling Harbour’s Novotel and ibis hotels sell TradedAU →
Journey Beyond agrees to acquire Kelsian’s K’gari resorts and other tourism operations for a revised $145.8m, with completion expected by year-end. Read on →
Redcape sells Townsville’s Hermit Park and Sun hotels to Falvey Hotels for a combined $37.5m. Read On →
IHG signs Newcastle Crowne Plaza and Gosford Hotel Indigo with Urban Property Group. Read article →
Victor Harbor’s $110m Anchorage redevelopment secures approval for 63 hotel rooms and 45 apartments, subject to joint-venture feasibility. The Urban Developer →
DATA CENTRES & DIGITAL INFRASTRUCTURE
HEALTHCARE & LIVING SECTORS
Nexia Aged Care pays $4.4m for the property component of Royal Freemasons’ 60-bed Footscray aged-care home. realestatesource →
Mecwacare acquires Pakenham’s 76-unit Evergreen Retirement Village for $5.515m. Read Article→
Multiplex is appointed to deliver the expanded $2.25bn, 600-bed Coomera Hospital, with staged delivery planned from 2028. Read the article →
DEVELOPMENT & PLANNING
Salta tops out its $500m Riverline build-to-rent development in Richmond, comprising 476 homes across six buildings. Read article →
Chemist Warehouse’s owners secure approval for a seven-storey mixed-use office scheme at Chapel Street and Toorak Road, South Yarra. Read article →
Mitsubishi Estate Asia takes a 50% interest in Resimax’s $2bn Eynesbury residential estate west of Melbourne. Read article →
Meadpoint wins approval for a $130m, 26-storey Scarborough build-to-rent tower containing 246 apartments. The Urban Developer →
Construction starts on Adelaide’s $450m, 31-storey UniLodge tower, delivering 970 student beds with completion expected in mid-2028. realestatesource →
Quintessential lodges plans for an 18,800sqm Fortitude Valley office development beside St Patrick’s Church. The Urban Developer →
REITS & LISTED PROPERTY
Eureka Group reshuffles holdings in four North Queensland seniors villages, with transactions designed to free approximately $10.4m. Read article →
Singapore’s OUE REIT is reported to be pursuing an approximately $864m additional interest in Sydney’s Salesforce Tower; the transaction is not yet confirmed complete. Read article →
Abacus agrees to sell its 19.6% Storage King holding for $284.8m, using proceeds to repay debt. realestatesource →
Ingenia rejects Warburg Pincus’s revised $2.06bn, $5.05-per-security proposal, conditional on abandoning its planned Peet acquisition. Reuters →
Garda agrees to sell its vacant Pinkenba industrial outdoor-storage site for $33.25m TradedAU →
CAPITAL, DEBT, & INVESTMENT MARKETS
NAI Harcourts identifies continuing investor interest in sub-$5m commercial and industrial properties. Read article →
Metrics reportedly freezes withdrawals and pauses lending following approximately $170m in write-downs across three listed funds. The Australian→
PAG reportedly takes control of several Bathla developments as it pursues approximately $300m owed by the developer. AFR →
ASIC warns of enforcement over poor private-credit practices, including unrealistic valuations, opaque fees and weak governance. Reuters →
ALTERNATIVE ASSETS
Time & Place spends $32.3m on two Melbourne self-storage sites as it expands its Storage X platform. Time & Place →
West Gosford’s Coast Ford freehold sells for $10m at a 7.1% net passing yield, with the tenant scheduled to relocate. Read Article →
LEASING
Next week!
ECONOMY, POLICY, & MARKET DATA
CBA data puts annual commercial-property sales at $48.4bn, up 6%, with offshore buyers contributing $16.3bn. Mortgage Professional Australia →
RLB’s Australian crane count reaches a record 896, with Melbourne at 224 and South-East Queensland at 178. RLB →
Victoria’s Supreme Court awards Boroondara $50.19m over the compulsory acquisition of a former tennis-club site for North East Link. Herald Sun →
PEOPLE MOVES
Jai Mirpuri is appointed chief executive of Frasers Property Industrial from January 2027, succeeding Reini Otter. Read article →
Abacus managing director Steven Sewell plans to retire by July 2027, with Spencer Stuart engaged to search for a replacement. Read article →
Until next week,
The TradedAU DealSheet
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