Buying Commercial Property

Aventus Property Group has snared Australia’s biggest portfolio of large-format retail centres, snapping up a five-strong collection from the Blackstone Group for $219 million. This article originally appeared on theaustralian.com.au/property.

Wholesale specialist Eureka Funds Management has put a local group into due diligence on a tower at 55 Clarence St in Sydney’s CBD at a price close to $150m. This article originally appeared on theaustralian.com.au/property.

A picturesque Sunshine Coast hinterland resort that caters for an ever-expanding bed and breakfast, small conference and boutique wedding market has been placed on the market.

Boutique funds manager Newmark Capital, led by former AFL star Chris Langford, is eyeing off the purchase of South Yarra’s Como Centre for close to $230 million. This article originally appeared on theaustralian.com.au/property.

Melbourne’s five-star Novotel Hotel and reborn retail precinct St Collins Lane are on the market with a whopping $500 million price tag.

Melbourne’s strata office market has never been hotter, agents say, as investors scour the city for commercial property’s next gold mine.

Historic Melbourne mansion Cloyne appears unlikely to be revived as a residential home, after it was sold for more than $6.5 million.

Brisbane’s industrial market may have already reached the top of its cycle, with investment yields expected to continue to strengthen in the short to medium term.

Investors are bracing themselves for a raft of changes at the $2.5 billion Investa Office Fund after Dexus Property Group’s takeover bid failed. This article originally appeared on theaustralian.com.au/property.