Commercial Property Capital Markets

Pumped-up demand for office investments is behind property and funds manager GDI Property Group’s decision to sell a pair of office towers in the Sydney and Brisbane CBDs.

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.

Unlisted property manager Quintessential Equity will pay $45.25 million for a suburban Brisbane office building as it looks to ramp up its Queensland market exposure. This article originally appeared on theaustralian.com.au/property.

Singapore-listed Ascendas Hospitality Trust has tapped advisers as it readies to bring the Pullman and Mercure hotel in Melbourne’s leafy Albert Park to market. This article originally appeared on theaustralian.com.au/property.

Just a week after WA Premier Colin Barnett was on hand to turn the first sod at its $400 million mixed-use project, the Hong Kong-listed Far East Consortium has put The Ritz-Carlton Perth on the block. This article originally appeared on theaustralian.com.au/property.

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.

Listed heavyweight the Scentre Group is striking up an alliance with superannuation fund-backed Cbus Property as it moves to acquire Sydney’s landmark David Jones store. This article originally appeared on theaustralian.com.au/property.

The Crotti family, behind the San Remo pasta brand, has bought one of the biggest office towers in Adelaide’s CBD for about $86.5 million. This article originally appeared on theaustralian.com.au/property.

Scouts Queensland has placed its Brisbane headquarters in Auchenflower on the market for the first time in more than 20 years.