Investment News

An Asian investor has snapped up the Woolworths-anchored Reedy Creek Village Shopping Centre, on the southern end of the Gold Coast, for $20.5 million.

Sydney might be Australia’s tightest office market, but on the world stage its yields are as good as it gets, according to new research.

Investors are expected to descend on Victorian tourist mecca the Yarra Valley, after neighbourhood shopping centre Healesville Walk was listed for sale.

Vacancy on inner-city Melbourne thoroughfare St Kilda Rd has fallen to its lowest level in eight years, amid predictions the precinct will one day be overwhelmingly residential-based.

Charter Hall Group will forge ahead with plans to list a specialist real estate investment trust backed by about $1.3 billion worth of property, despite investors voting not to roll over into the new vehicle. This article originally appeared on theaustralian.com.au/property.

SCA Property Group has followed news of a 23% profit lift with the purchase of Townsville’s Annandale Central Shopping Centre.

Asian investor interest in Queensland’s leisure and tourism sector has been solidified with China Capital Investment Group’s $25 million acquisition of the perpetual lease of South Molle Island.

Hotel operators and student accommodation groups are among those already vying for the Church of Scientology’s Sydney headquarters, just days after it hit the market.

Options abound for enormous Hunter Valley site, one of Victoria’s largest vineyards sells for $22 million-plus and a Brisbane health precinct up for grabs. MORE NEWS AND DEALS.