Commercial property deals

Australia Post’s move to sell key components of its $3.4 billion property portfolio into an unlisted trust could leave foreign groups in control of some of the country’s best known buildings. This article originally appeared on theaustralian.com.au/property.

The four-star Mercure Hotel in Geelong has been put up for sale, as Kildair Hotels Group moves to cash in on a simmering hotel market.

Vicinity Centres has offloaded four shopping centres in Victoria and Queensland, including Forest Hill Chase and Toombul, to Blackstone and Mirvac for $841.4 million.

Fuel isn’t the only commodity with prices on the rise in Queensland, with a lack of supply putting petrol stations in investors’ sights.

How much would you pay for the picturesque Tasmanian village of Tarraleah?

An extensive and ongoing refurbishment program at a Park Rd office block in Brisbane’s prime fringe market in Milton has netted a long-term lease from one of world’s leading energy sector operators.

A mammoth section of prime waterfront land in Brisbane is being sold off, ripe for commercial and residential redevelopment.

A surge in investor interest and shrinking yields are the catalysts for a spate of petrol stations hitting the market across Australia, agents say.

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.