PROPERTY fund manager ISPT has lobbed three super-prime industrial assets in Sydney and Brisbane to the market, with combined expectations of $250 million, which it will recycle into develop-to-core projects in its logistics pipeline. #capitalmarkets
australianpropertyjournal.com.au/2024/05/21/isp…

THE food and beverage sector remains most vulnerable to crimped discretionary spending by a considerable distance compared to other industries, new research shows, with one in 13 hospitality businesses facing failure in the next 12 months. #ausecon
australianpropertyjournal.com.au/2024/05/21/hos…

DEXUS Industria REIT (ASX: DXI) has upgraded its previous FY24 guidance for funds from operation (FFO) per security. #areits
australianpropertyjournal.com.au/2024/05/21/pos…

A TROUBLED Melbourne CBD mall is in for yet another new beginning, with owners UBS Asset Management arm and Kaipara Property Group signing up an interactive ten-pin bowling and entertainment centre and co-working space across 5,500 sqm of floor space.
australianpropertyjournal.com.au/2024/05/21/ubs…

MORE infill industrial landholdings Sydney’s south have come to the market, including a 1.6-hectare site in Matraville that is carrying hopes of more than $40 million. #CRE #commercialrealestate #commercialproperty
australianpropertyjournal.com.au/2024/05/21/syd…

THE Centuria Industrial REIT (ASX: CIP) secured 45,739sqm of deals across eight transactions over Q3 FY24, benefitting from the strength of the urban infill industrial market. #areits
australianpropertyjournal.com.au/2024/05/21/cen…

MARQUEE Development Partners’ La Belle Palm Beach project has achieved more than $100 million in sales in less than two weeks since its launch. #realestate #residentialproperty
australianpropertyjournal.com.au/2024/05/21/buy…

APJ'S daily wrap up of #socialinfrastructure , #commercialproperty #investmentsales , as well as leasing transactions across Australia. #CRE #commercialrealestate #RetailLeasing #IndustrialLeasing #OfficeLeasing
australianpropertyjournal.com.au/2024/05/21/aus…

A VICTORIAN investor has purchased a north-eastern Adelaide #childcarecentre for $8 million, marking the biggest childcare transaction in South Australia since 2022. #socialinfrastructure #investmentsales #capitalmarkets
australianpropertyjournal.com.au/2024/05/21/vic…

BUNBURY posted the biggest house price gains across regional Western Australia in the March 2024 quarter, according to the latest data from REIWA. #houseprices #realestate #residentialproperty
australianpropertyjournal.com.au/2024/05/21/bun…

A GOLD Coast residential development offering two living spaces in its one and two-bedroom apartments has notched up $40 million in sales in just four weeks. #realestate #residentialproperty
australianpropertyjournal.com.au/2024/05/21/imm…

THE WA state government is reforming the procurement process for non-residential government building projects, in an effort to achieve better outcomes for builders, subcontractors and workers.
australianpropertyjournal.com.au/2024/05/21/wa-…

CUSHMAN & Wakefield has appointed David McDougall as partner of its recently established Advisory+ division in Australia and New Zealand. #appointments #propertycareers #propertyjobs
australianpropertyjournal.com.au/2024/05/21/cus…

REAL estate fund manager Centuria Capital Group has sold an office asset known as the Biomed Building in Sydney for $103 million to a local private investor. #investmentsales #capitalmarkets #CRE #commercialrealestate #commercialproperty
australianpropertyjournal.com.au/2024/05/20/103…

RESIDENTIAL developer AVJennings will cop a $17.2 million write-off after the ASX-listed home builder terminated its option at land in Caboolture, north of Brisbane, after rising development and infrastructure costs made its Rocksberg project unworkable.
australianpropertyjournal.com.au/2024/05/20/avj…

A TROPHY home on the Noosa waterfront has sold for around $30 million in Queensland’s second largest residential sale of all time. #prestigeproperty #luxuryrealestate #luxuryresidential #prestigeresidential
australianpropertyjournal.com.au/2024/05/20/pre…

FUND manager ISPT is continuing its retail asset divestment program, putting the triple-supermarket anchored Market Central Lutwyche up for sale alongside co-owner Abacus, five years after the centre underwent a $77 million redevelopment. #capitalmarkets
australianpropertyjournal.com.au/2024/05/20/isp…

PROPERTY tax reforms have passed through Victorian Parliament, which will see the state transition commercial and industrial properties away from stamp duty from the beginning of July.
australianpropertyjournal.com.au/2024/05/20/vic…

CASINO and resorts group Star Entertainment has confirmed it has received interest from numerous parties, including a consortium of investors that includes Hard Rock Hotels & Resorts (Pacific).
australianpropertyjournal.com.au/2024/05/20/sta…

#DIGITALinfrastructure investor Global Data Centre Group (GDC)’s shares spiked by more than 20% yesterday after it announced it entered into a contract to divest its co-controlled investment in European edge #datacentre platform Etix, in a deal that will
australianpropertyjournal.com.au/2024/05/20/gdc…