Tenanted Commercial Property News

German supermarket giant Aldi will exit the Gold Coast’s Easy T shopping centre this month after owner Clarence Property signed an independent IGA operator to a 15-year lease.

Perth syndicate Kerching Capital has picked up its third IGA-anchored shopping centre in Queensland, buying Sandstone Village for $10.4 million.

A group of Adelaide investors led by Pep Rocca of Australasian Property Developments will overhaul the University of Adelaide’s Thebarton Campus, after buying it for a price in the mid-$20 million range. This article originally appeared on theaustralian.com.au/property.

Former Federal Court judge Annabelle Bennett and her sister Jennifer Darin are selling two prime commercial buildings in Chatswood, with hopes of reaping more than $40 million.

Balmain’s heritage-listed Exchange Hotel finds a new owner, McDonalds and 7-Eleven a happy meal on the Gold Coast, and the countdown starts for a prime Kew East site. MORE DEALS AND 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.

A private investor has paid $3.8 million for a Queensland vehicle showroom leased to a Jeep and Chrysler dealership.

Hotel investors are focusing their sights on regional leisure assets in a bid to capitalise on the current strength of Australia’s tourism sector.