Investment News

The Good Beer Company has sold the Dove & Olive Hotel in inner Sydney’s Surry Hills to a member of the Murphy publican family for about $11.85 million. This article originally appeared on theaustralian.com.au/property.

Last year’s childcare boom appears to be gathering even more steam, with almost $20 million worth of childcare centres sold at the first Burgess Rawson investment auctions of 2017.

Australia ticks a lot of boxes for investors: 25 years of positive economic growth, high transparency and a stable political system.

Investors who’ve waited patiently for another Bunnings Warehouse to hit the market need not wait any longer, with a South Australian asset leased to the hardware giant the first to be listed in 2017.

Vicinity Centres has grabbed the 25% of Melbourne shopping mecca DFO South Wharf that it doesn’t own, agreeing to buy out joint owner Plenary Group.

One of Sydney’s best known pubs, the Marlborough Hotel in Newtown, has hit the market with its high-profile owners set to reap about $35 million. This article originally appeared on theaustralian.com.au/property.

An agent’s warnings about the derelict state of a former brothel in Richmond weren’t enough to deter buyers, with the property selling for more than $1.1 million at auction.

Two-thirds of the $100 million-plus sales of development land in Sydney were made to offshore buyers or local developers with overseas backing, according to a new analysis by Charter Keck Cramer. This article originally appeared on theaustralian.com.au/property.

The international joint venture led by gaming company Star Entertainment has finalised its purchase of the Gold Coast’s Sheraton Mirage in a $140 million play. This article originally appeared on theaustralian.com.au/property.