Buying Commercial Property Guides

The listed Charter Hall Retail REIT has snapped up Arana Hills Plaza and an adjoining Shell petrol station in Brisbane from superannuation fund-backed ISPT for $67.1 million. This article originally appeared on theaustralian.com.au/property.

A pair of KFC fast food outlets were an early Christmas treat for buyers at Burgess Rawson’s final investment auctions of the year, where $109 million worth of commercial property sold in two days.

A Sydney-based financial advisory firm for wealthy Asian investors, iProsperity Group, has bought the Novotel Melbourne Glen Waverley, as the value of suburban hotels jumps. This article originally appeared on theaustralian.com.au/property.

Macquarie University has purchased an office building in Sydney’s north for $39 million. This article originally appeared on theaustralian.com.au/property.

Hotels magnate Justin Hemmes has paid more than $37 million for the Tennyson Hotel in Sydney’s Mascot to expand his booming hospitality empire. This article originally appeared on theaustralian.com.au/property.

Strong demand continues to spur turnover in Brisbane’s office market, with local investment fund Sentinel Property Group and the Brisbane council’s investment arm buying into towers in the city. This article originally appeared on theaustralian.com.au/property.

The Presbyterian Church is believed to have paid more than $15 million to keep historic Botany Bay property Primrose House out of the hands of developers.

The listed Lantern Hotels Group has sold its top gaming hotel, the Five Dock in Sydney’s inner west, after just a week on the market for a massive $28.75 million. This article originally appeared on theaustralian.com.au/property.

If you didn’t know better, you’d swear this cattle yard had only just clocked off for the day.