Investment News

An investment group has paid $180 million for four Bunnings Warehouse stores across Australia and New Zealand, three of which were yet to sell a single item. Such is the demand for properties leased to …

Sydney bar king Justin Hemmes is taking his up-market Merivale chain into beachside Bondi with the purchase of the Royal Hotel Bondi for more than $30 million. The purchase marks out yet another part of …

Hong Kong-based K Wah has joined the array of Asian buyers that have snapped up Sydney towers and has just struck a deal to buy a building from funds giant TH Real Estate for about $192 million. 

International funds managers are taking advantage of the stronger interest in Perth commercial towers to strike deals worth more than $120 million.

NRMA has further bulked up its $500 million-plus tourism and travel portfolio by snapping up caravan parks and tent sites on the central Queensland coast and the NSW central west.

It is shaping up as the year of the mega deal for top shopping centres, after mall landlord Vicinity Centres and Singapore’s sovereign wealth fund GIC agreed to swap assets worth a combined $1.1 billion.

Politicians’ former offices, stunning converted churches and trendy inner-city Sydney bars were among the most-viewed properties sold and leased through realcommercial.com.au over the last week. Check them out here. Top 5 SOLD commercial properties 1. 2/142-152 …

The Chester Square Shopping Centre in Sydney’s southwest has been sold by a Smorgon family-linked company for $68.5 million on one of the tightest ever yields at which a neighbourhood shopping centre has traded.

Fresh from announcing it will manage its first Australian hotel in Melbourne, the luxury Hong Kong-based Mandarin Oriental group continues to scour the ­nation for more management and development opportunities.