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Shareholder group lashes out at Village Roadshow deal
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Shareholder group lashes out at Village Roadshow deal
Dissident US shareholder Mittleman Brothers has lashed out at an imminent deal to sell famed cinema and theme-park company Village Roadshow to private equity group BGH Capital in a controversial $468.5 million takeover.
David Jones’ Melbourne menswear store sold for $121m
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David Jones’ Melbourne menswear store sold for $121m
South African department store chain Woolworths Holdings has sold the David Jones menswear store on Melbourne’s famed Bourke Street mall to funds manager Newmarket Capital in a $121m deal that could bolster the beaten-down sector.
Most-viewed properties: Long line forms for erotic massage parlour
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Most-viewed properties: Long line forms for erotic massage parlour
A trio of Sydney terraces that are home to a popular massage parlour are still waiting on their happy ending, with the properties still on the market despite being the most-viewed commercial listing in Australia.
Country Victorian pub steps back in time with medieval theme
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Country Victorian pub steps back in time with medieval theme
A broadsword and suit of armour aren’t what you’d expect to find in a country pub.
Offshore investors target Aussie office bargains
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Offshore investors target Aussie office bargains
Singaporean sovereign wealth fund Government Investment Corporation has kept up its property buying spree during the coronavirus pandemic, picking up a half stake in a Melbourne office tower in a deal valuing the building at about $410 million.
Coronavirus impact on shopping centre properties revealed
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Coronavirus impact on shopping centre properties revealed
The pain in the retail sector has been put on stark display with Chadstone co-owner Vicinity Centres slashing the value of its entire portfolio by nearly $2bn as the coronavirus pandemic discourages shoppers from visiting shopping centres.
North Sydney readies for $1.5bn commercial property boom
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North Sydney readies for $1.5bn commercial property boom
North Sydney is set for a commercial development boom worth more than $1.5 billion, and major tenants are believed to already be interested in crossing the bridge.
July 27th REA Insights Weekly Commercial Search Report, 2020
Market Insights
July 27th REA Insights Weekly Commercial Search Report, 2020
After lifting the week before last, searches for properties for purchase and rent on realcommercial.com.au declined last week. The number of searches for commercial properties for sale fell by -1.3 per cent last week and …
‘Rare and affordable’ Frankston fuel stop to be sold
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‘Rare and affordable’ Frankston fuel stop to be sold
An affordable service station investment at one of suburban Melbourne’s most prominent locations could spark a race to the pump for investors.
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