COMMO

East Melbourne day hospital asset sold to Asian-based investor group - CBRE CBRE’s Australian Healthcare & Social Infrastructure team of Mark Granter, Sandro Peluso, Marcello Caspani-Muto and Kai Wang 王凯 have sold an East Melbourne day hospital on behalf of BGH Capital one of the largest private equity owners of healthcare operations in Australia. The asset was sold unconditionally to the Asian-based investor group. Mr Sandro Peluso noted the sale of the 1,549sqm medical building featuring 13-bed day hospital was hotly contested. Nine bidders were vying for the asset, and eight unconditional offers were received in the first round, which he said was unprecedented for vacant real estate. “High quality assets, when supported with a comprehensive marketing campaign, continue to attract significant volumes of interest in the Victorian market and we expect long-term growth in the healthcare sector to continue outweigh any short-term headwinds,” Mr Sandro Peluso added. Mr Kai Wang 王凯 said the team was working with a number of investors seeking to acquire assets in the healthcare sector. “With 28 inspections conducted over the course of this campaign, we are now working with over $80million of unallocated capital looking for high quality healthcare assets in Victoria. Investor demand remains high for quality healthcare assets. Read more on COMMO > https://lnkd.in/gWWbZRWs BGH Capital RETalk Asia Steve Scordilis Oliver Bowler Ben Gray Simon Harle Robin Bishop Daniel Nickels Matthew Claughton Healthcare Real Estate #cbre #medicalrealestate #healthcarerealestate #dayhospital #commercialrealestate #realestateinvestment #BGHcapital

Brand-new leased childcare centre for sale - CBRE A brand-new childcare centre at 230 Saltlake Boulevard Wollert leased to Leading Edge Childcare for sale, by CBRE’s Australian Healthcare and Social Infrastructure team of Sandro Peluso, Jimmy Tat and Kai Wang 王凯. Sandro Peluso said the property, licensed for 80 children and secured with a new 10-year lease with options to 2065, was expected to attract investors in the sub $5 million range. “Leading Edge Early Learning is a trusted and reputable boutique childcare provider with a strong presence in both Queensland and Victoria. With the lease secured with highly the serviceable terms, we expect the centre to perform well for decades to come,” he added. “This premium investment offers investors a secure, long-term income stream in a market facing a sharp decline in quality childcare centre supply. Compared to the average childcare demand ratio in Victoria, Wollert has a ratio of 6 to 1 so three is high demand for this service,” Jimmy Tat noted. Read more on COMMO - https://lnkd.in/gFSDJ2UW Sandro Peluso Jimmy Tat Kai Wang 王凯. #cbre #childcare #commercialrealestate #childcarecentre #childcareforsale #commercialmarket #medicalrealestate #healthcarerealestate

Large format retail: the jewel in the retail crown? - Ray White Commercial By Vanessa Rader Head of Research Ray White Group. The large format retail (LFR) sector in Australia has demonstrated remarkable strength and continues to attract investor interest despite broader challenges in various commercial asset classes. This segment has performed strongly in recent years, fueled by its connection to the housing market and changing consumer behaviours. The sector's success can be attributed to several key factors. When people move homes or renovate, demand naturally increases for furniture, whitegoods, and hardware, which are the core offerings of large format retailers. This creates a consistent customer base for tenants like Bunnings, Officeworks, Harvey Norman, and Amart Furniture, which in turn provides stable income streams for property investors. Read more on COMMO - https://lnkd.in/gwtV3iUu Cassandra Glover James Linacre Nina Clarke Vanessa Rader Leteicha Wilson #lfr #commercialretail #commercialmarket #commercialrealestate #retailmarket #commercialinvestment

CBRE strengthens its Retail Capital Markets offering with Melbourne appointment   CBRE has bolstered its Victorian Retail Capital Markets team with the appointment of Jamie Hess amid growing demand for retail investment opportunities. Mr Hess joined CBRE’s Retail Valuations team in 2021. In transferring to his new Capital Markets role he will work alongside Sam Guest who joined the firm in August 2024 as part of CBRE’s growing and highly active middle markets presence.   The pair will work closely with the wider national Capital Markets team to continue to drive exceptional results for clients with a focus on standalone retail properties, neighbourhood shopping centres and large format retail centres in Victoria.   CBRE’s Senior National Director of Retail Capital Markets – Pacific, James Douglas said the recent appointments would further strengthen our market leading national middle markets team and service delivery for our clients.   “CBRE’s Middle Markets team transacted approximately $1 billion in retail assets in 2024 nationally. Sam and Jamie will assist with the growth of our platform as we see growing investor demand for retail assets,” Mr Douglas said.   CBRE data shows retail transaction volumes improved significantly in 2024, growing by 43% y-o-y across Australia. Across Australia, transaction volumes for retail reached $9.2 billion in 2024, which was well above the 20-year average of $7.0 billion per year. Read more on COMMO > https://lnkd.in/g9an7Hrp Subscribe to our free newsletter COMMO here > https://lnkd.in/gCsUpQ2c CBRE Asia Pacific Michael Hedger Joe Tynan #cbre #cbreretail #retailrealestate #retailproperty #retailleasing #retaildevelopment #shoppingcentre #lfr #largeformatretail

George Wilkinson joins Burgess Rawson Tasmania Burgess Rawson has strengthened its Tasmanian team with the appointment of George Wilkinson as a Sales Executive. Mr Wilkinson, a Deakin University alumnus with a Bachelor of Business in Property and Project Management, based in Hobart. His portfolio includes transactions such as various development sites and mixed-use tenanted investments. Matthew Wright Partner at Burgess Rawson said, “George's extensive experience and deep understanding of the Tasmanian market make him a valuable asset to our team. His proven track record aligns with our commitment to delivering exceptional results for our clients." Mr Wilkinson said that Tasmania has been one of the best performing economies in recent years with both interstate and international capital entering the state. Matthew Wright added, “Mr Wilkinson's expertise is expected to further enhance Burgess Rawson's presence in Tasmania, providing clients with valuable insights and opportunities in the commercial property sector.” Read more on COMMO > https://lnkd.in/gBKtvvcJ Matt Smith Ingrid Filmer Jamie Perlinger Wendy Thomson Beau Coulter Andrew Havig Yosh Mendis Zomart He Michael Vanstone Adam Thomas Shaun Venables Darren Beehag Raoul Holderhead The ASEAN Developer #burgessrawson #tasmaniabusiness #commercialrealestate #realestate #realestatecareers #hobartrealestate #cre

TAMIM Property’s LFR centre sold to Spotlight Property Group - JLL A Large Format Retail (LFR) centre in Maitland, Home + Life Rutherford sold from TAMIM Property to Spotlight Property Group, negotiated by JLL's David Mahood and Sebastian Fahey. David Mahood said, "The LFR sector has been one of the strongest performing retail sectors since 2020, with average rental growth of 0.8% every quarter since the end of 2020, underpinned by strong tenant demand as vacancy rates diminish nationally to 3.3%." "This is further highlighted by the asset class's strong underlying fundamentals, being land-rich and virtually irreplaceable given the current elevated construction costs." Read more on COMMO - https://lnkd.in/g4GaQuuR JLL David Mahood Sebastian Fahey Sam Hatcher Nick Willis Sam Linden Brendan Higgins Nathan Lin Natalia Pavlova Ginny Rampling Jacob Swan Ned McKendry Liam Cox Will Morris Stuart Taylor Tom Noonan Dominic McGrath Victoria Robinson #jllaus #jllnews #commercialrealestate #commercialretail #commercialinvestment #lfr

Bell Park Plaza for sale - Burgess Rawson & JLL Burgess Rawson's Raoul Holderhead, Shaun Venables, and Zomart He, in conjunction with JLL's Stuart Taylor, Tom Noonan, and MingXuan Li 李名轩 market the Bell Park Plaza at 218-222 Anakie Road, Bell Post Hill for sale. Raoul Holderhead said Geelong is one of Victoria's fastest-growing regions, with significant infrastructure developments and a booming local economy. This continued growth, combined with its strategic position in the state’s retail sector, makes properties like Bell Park Plaza an exciting investment opportunity for long-term capital appreciation. Stuart Taylor said the property provides a rare and compelling investment proposition, with centres anchored by an ALDI supermarket rarely presented to the market. This lease, combined with the non discretionary nature of the tenancy mix, provides investors with exceptional income security. Read more on COMMO - https://lnkd.in/gMW6ZuJe Ingrid Filmer Jamie Perlinger Wendy Thomson Andrew Havig Yosh Mendis Sam Mercuri Mark Foster Shaun Venables Hamish Bowen Paul Tran Natalie Couper Romanor Falconer David Napoleone Lionel Mercuri Matthew Wright Zomart He Justin Kramersh #commercialrealestate #commercialretail #shoppingvillage #shoppingcentre #commercialinvestment

Former Sunday Times building in Perth CBD for sale - Knight Frank Knight Frank expert Tony Delich in conjunction with Wayne Lawrence of Cygnet West market the former Sunday Times building located at 34-50 Stirling Street Perth for sale, on behalf of the vendor, Elanor Funds Management. “The property has a secure return underpinned by a solid tenant, with the Public Transport Authority responsible for developing and operating ongoing major public transport projects across the state. However, it also has the upside of multiple future development opportunities. "Knight Frank’s Tony Delich said Cygnet West’s Wayne Lawrence said “This property sits within a thriving high-growth city precinct enriched by cultural, educational, and entertainment offerings " Read more on COMMO - https://lnkd.in/gm2Ffmp8 Knight Frank Australia Jonathan Vaughan Tim Holtsbaum Jonathan Wong Vanessa De Groot Sarah Clark Taylor Wardle Jeremy Robotham #knightfrank #perthinvestment #perthrealestate #perthmarket #buildingforsale #commercialrealestate #commercialoffice

Burgess Rawson 's March - April campaign set to create new beginnings Burgess Rawson’s upcoming March/April Portfolio campaign features close to 40 assets available through the Eastern Seaboard National Auction event or Expressions of Interest campaigns. Burgess Rawson Sydney-based Partner, Rhys Parker said the campaign has a diverse range of asset classes on offer, including fast food, convenience retail, pubs, medical, and early education. Every price point is covered from entry level to a number of high-end premium assets of $20 million plus. Read more on COMMO - https://lnkd.in/gkU_vEhq Ingrid Filmer Jamie Perlinger Wendy Thomson Andrew Havig Yosh Mendis Sam Mercuri Mark Foster Shaun Venables Hamish Bowen Paul Tran Natalie Couper Romanor Falconer David Napoleone Lionel Mercuri Matthew Wright Zomart He Justin Kramersh #burgessrawson #commercialrealestate #commercialinvestment #commercialretail #commerical #fastfood #medcial #childcare #pubs

Richlands Marketplace sold for $17.25M in record sale - Colliers Newly constructed Neighbourhood Centre, Richlands Marketplace sold for $17.25M negotiated by Colliers’ Retail Middle Markets team of Harry Dever and James Wilson. Colliers Queensland Associate Director Harry Dever said, “Notably, 6 out of the 7 groups were first-time shopping centre investors, accounting for 85 per cent of the interested parties. This influx of new capital reflects the growing appetite for retail investments in Queensland. Ultimately, we secured a high-net-worth Sydney investor, who also marked their entry into the shopping centre investment sector.”  “This sale marks a significant milestone for the retail investment sector in Queensland and underscores the growing confidence in high-quality retail assets across the state,” James Wilson added. Read more on COMMO -   https://lnkd.in/gNQpVrTx Lachlan MacGillivray Sarah Casey Richard Cash Doreen Castaneda Jenny Persson Tim McIntosh Ben Wilkinson Will Heffernan Nathan Raj Andrew Kemmler Mia Kasalo Kiki Cao Lea Levy Tiana McNamara Sophie Grieve Alison Yu #colliers #retailinvestment #shoppingcentre #shoppingvillage #commercialrealestate #commercialinvestment #commercialretail