Service Station News & Market Trends

Service station news, insights & industry trends.

News

Soaring fuel costs, rise of EVs spur $1b service station boom

Soaring fuel costs, rise of EVs spur $1b service station boom

Auction: Petrol and cold storage assets lead Tas opportunities

Buying & Selling

Auction: Petrol and cold storage assets lead Tas opportunities

A petrol asset with a rare 20-year triple net lease and an ‘entry level’ Woolworths property offer the chance to get a foot in the door of Tasmania’s attractive investment landscape.

Notable inner west pub The Marrickville Ritz offers premium portfolio

Notable inner west pub The Marrickville Ritz offers premium portfolio

A well frequented inner west pub that generates half a million dollars in annual rent has come up for sale as part of a bundle of large scale property sales.

Australian energy giant Ampol Petroleum lists petrol station sites on over 100,000 sqm for sale

Australian energy giant Ampol Petroleum lists petrol station sites on over 100,000 sqm for sale

Energy giant Ampol is offloading 17 sites on more than 100,000 sqm right across the country.

Justin Hemmes’ different style of real estate buy

Justin Hemmes’ different style of real estate buy

You would be forgiven for thinking bar tsar Justin Hemmes has moved into the energy business with his latest property purchase.

Coles sells fuel and convenience business Coles Express to Viva Energy for $300 million

Coles sells fuel and convenience business Coles Express to Viva Energy for $300 million

Coles has exited the fuel and convenience game to focus on its core and more profitable groceries arm, transferring $816m of leases off its balance sheet.

Buyers seeking safety in long-term assets at Burgess Rawson portfolio sale

Buyers seeking safety in long-term assets at Burgess Rawson portfolio sale

Investors are chasing certainty in familiar locations and essential service assets with long-term leases, with buyers new to commercial fighting for more affordable assets.

Competition for niche assets ramping up as investors seek to diversify

Competition for niche assets ramping up as investors seek to diversify

When it comes to who buys what in the world of commercial real estate, different buyer types are typically associated with different assets.

‘Set and forget’: Service station sells for the cost of a mansion

‘Set and forget’: Service station sells for the cost of a mansion

A one-year-old South East Qld service station that sees an estimated 110,000 vehicles pass by every day drew seven offers before selling at auction for the cost of a mansion.

‘Flight to quality’ sees investors buy nearly $103m worth of ‘safe, secure’ assets

‘Flight to quality’ sees investors buy nearly $103m worth of ‘safe, secure’ assets

Commercial agency Burgess Rawson witnessed a ”flight to quality” across its three-day portfolio auction this week, with investors turning to the tried and tested childcare, retail and medical assets.

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