COMMO

Parkline Place is 75% leased with four NSW Government agencies Oxford Properties Group (‘Oxford’), Mitsubishi Estate Asia Pte. Ltd. (‘MEA’) and Investa welcome the NSW Government and The Grounds, the latest office and retail tenants to Parkline Place. Located at 252 Pitt Street, Sydney directly atop Gadigal Station in the heart of the legal district and emerging financial services hub of the CBD, Parkline Place is more than a workplace. The next generation building provides a community hub to over 4,000 workers, offering stunning views across Hyde Park and Sydney Harbour, outstanding amenities, and sustainable, seamlessly connected workspaces. Mark Podgornik, Head of Leasing, Investa said: “We are delighted to welcome our NSW Government tenant customers to Parkline Place. Read more on COMMO > https://lnkd.in/gTdFpsVp Peter Menegazzo Sally Franklin Brendan O'Brien Amy Wild Adam Crowe #commercialrealestate #commerialinvestment #sydneymarket #sydneyrealestate #parklineplace #officeleasing #officedevelopment #office #officebuilding

Iconic Melbourne CBD department store sold by JLL The iconic David Jones, Bourke Street Mall sold to Melbourne-based fund manager IP Generation, negotaited by Nick Willis and Sam Hatcher from JLL. Nick Willis, Senior Director at JLL said, "Australian icons such as David Jones, Bourke Street Mall are rarely traded. The opportunity presented a unique investment proposition of irreplaceability, income security and long-term value. IP Generation Managing Director Chris Lock commented “David Jones, Bourke St Mall is one of the most iconic properties, not only in Melbourne but the whole Australian market. The ability to acquire 100% interest in such trophy assets rarely comes available. Read more on COMMO > https://lnkd.in/gDv3VYRU Sam Hatcher Nick Willis Sam Linden Nathan Lin Natalia Pavlova Brendan Higgins Phoebe Cooney Ginny Rampling Sebastian Fahey David Mahood Jacob Swan Ned McKendry Will Morris Liam Cox Stuart Taylor Tom Noonan Jarrod Herscu Dominic McGrath Victoria Robinson #melbournerealestate #shoppingcentre #commercialrealestate #commericalmarket #retailinvestment #jllaus #jllcapitalmarkets

Charter Hall acquires Glebe Hill Village through JLL Tasmania’s retail centre, Glebe Hill Village sold to a Charter Hall managed fund for $50.25m, from Tipalea Partners, negotiated by JLL's Jacob Swan, Stuart Taylor and Tom Noonan. Stuart Taylor, Senior Director at JLL, commented, "The campaign received one of the highest enquiry rates we've ever experienced for a Neighbourhood asset with over 350 parties registering their interest in the campaign. Jacob Swan, Senior Director at JLL, added, "Charter Hall's acquisition, just the second on-market Neighbourhood centre purchase by a listed REIT since 2022, signals a positive shift in the retail investment market. Read more on COMMO > https://lnkd.in/gPhwn9Tm Will Morris Dominic McGrath Tom Noonan Ned McKendry Liam Cox MingXuan Li 李名轩 David Mahood Sebastian Fahey Sam Hatcher Nick Willis Phoebe Cooney Nathan Lin Sam Linden Hannah Brisbane Ginny Rampling Brendan Higgins Natalia Pavlova #jllaus #jllnews #retailinvestment #commercialinvestment #shoppingcentre #shoppingvillage #tasmaniamarket #tasmaniarealestate #commercialrealestate

Savills expands NSW commercial sales team Savills Australia & New Zealand has expanded its Commercial Sales expertise with the appointment of Harry George as Director within the global agency’s New South Wales team. “Following a busy and successful 2024, we’re thrilled to have Harry bring his expertise and skillset to further strengthen the team as we prepare for what’s shaping up to be an exciting and productive 2025,” Tim Grosmann, State Director, Commercial Sales at Savills Australia and New Zealand commented. Read more on COMMO > https://lnkd.in/gTyqS36e Patrick Stronell Joe Phegan Tom Mott Benson Zhou Martin Fidden Julian Heatherich Chris Rowe #savills #commercialrealestate #realestateagents #realestateagency #realestatebusiness

Part of The Specialist Medical Centre in Sydney’s Westmead sold by Knight Frank A 26.39% stake in The Specialist Medical Centre in Sydney’s Westmead sold, negotiated by Sam Biggins and Jessen O'Sullivan of Knight Frank, working alongside Archerfield Property Group as Transaction Advisors. Sam Biggins said the buyer was attracted to the opportunity to acquire a negative control position in the strata scheme at a time when healthcare assets are becoming increasingly sought after. Jessen O'Sullivan said the stake in the Specialist Medical Centre was an opportunity to secure a sizeable piece of a strategic holding in a premier medical strata asset in a key Sydney location. Read more on COMMO > https://lnkd.in/gebaHVjq Sarah Clark Melanie Rusk-Dunn Taylor Wardle Vanessa De Groot Knight Frank Australia #knightfrank #nsw #sydneymarket #sydneyrealestate #medicalinvestment #healthcare #medicalcentre

What lies ahead for Australia’s commercial property market in 2025 - Burgess Rawson By Yosh Mendis, Burgess Rawson National Partner. As 2025 begins, the commercial property market is demonstrating solid momentum, with investor confidence remaining high. Australia’s commercial property market is entering a phase of renewed stability and optimism. Following recent times of uncertainty, key indicators such as inflation and interest rates are showing signs of steadying, creating a more predictable environment for investors and businesses alike. Read more on COMMO - https://lnkd.in/eWYFKwUF Beau Coulter Zomart He Jamie Perlinger Raoul Holderhead Mark Foster Sam Mercuri Romanor Falconer Shaun Venables Darren Beehag Hamish Bowen David Napoleone Lionel Mercuri Natalie Couper Paul Tran Andrew Buzari Ingrid Filmer Wendy Thomson #burgessrawson #commercialrealestate #commercialmarket #australiarealestate #australiamarket #commerical #commercialproperty #commercialinvestment

Sydney Tools hammer home record sale of former ALDI Capalaba site - Colliers Transacted through the Colliers Queensland team of Harry Dever and Hunter Higgins on behalf of ALDI Stores Australia, the expansive 4,266sqm site is located at 35-37 Mount Cotton Road, Capalaba. Colliers Retail Middle Markets Associate Director Harry Dever said “The exceptionally strong depth of market competing for the Former ALDI Capalaba highlights the demand for investors, owner occupiers and developers looking for high-profile existing built-form structures, located in tightly held underserviced catchments”. Colliers Queensland Investment Services National Director Hunter Higgins said “The former ALDI supermarket, located 20 kilometres southeast of Brisbane CBD, was sold as a premier owner occupier/value-add opportunity”. Read more on COMMO - https://lnkd.in/egESGkfa Nathan Raj Andrew Kemmler Mia Kasalo Kiki Cao Lea Levy Tiana McNamara Sophie Grieve Alison Yu #adli #supermarket #commercialinvestment #commercialmarket #retail #retailinvestment #brisbanerealestate #brisbanemarket #colliers

Woolworths Umina Beach sold by Colliers NSW Central Coast, Woolworths Umina Beach sold to a private Sydney investor for $24.5 million, negotiated by Colliers team of James Wilson and Ben Wilkinson. “The team achieved this exceptional result by targeting the resilient private investor market, engaging existing and first-time investors, whilst utilising underbidders from our national marketing campaigns,” James Wilson said. Read more on COMMO > https://lnkd.in/ebi8UUwq Andrew Kemmler Mia Kasalo Kiki Cao Alison Yu Tiana McNamara Lea Levy Harry Dever Lachlan MacGillivray Richard Cash #colliers #woolworthssold #retailinvestment #retailmarket #commercialrealestate #sydneymarket #centralcoastinvestment

Minuzzo secures permit for $50M state-of-the-art medical centre in Woodville South - CBRE Minuzzo secures a permit for an architecturally-designed medical centre 7-9 Woodville Road, Woodville South, with Sandro Peluso, Kai Wang 王凯, together with Michael Pfitzner and Georgia Turner of CBRE Adelaide , managing the leasing campaign. Sandro Peluso said the fit-out of the medical levels can be adapted to suit a wide range of uses including a day hospital, radiology, and pathology. “With limited new developments in the precinct, we are expecting significant interest from potential tenants looking to secure a place in this prime location.” Kai Wang 王凯 said. Read more on COMMO > https://lnkd.in/e-JYVeri Sandro Peluso Grant Gilbett Warren Galea Mars Njoo Alex Bourne Marcello Caspani-Muto Jimmy Tat #cbre #healthcare #commercialrealestate #commercialmarket #commercialinvestment #southaustraliarealestate #southaustraliamarket

Woolworths Group puts neighbourhood shopping centre on the market - CBRE CBRE’s Michael Hedger, Joe Tynan, and Danny Betros have been appointed to market Woolworths Group's Gubuda-Gordonvale Shopping Centre for sale. The centre and its rapidly growing catchment will further benefit from the expansion of this town centre precinct, with QSR heavyweight operators McDonald’s (DA Approved) and KFC (under construction) set to open stores on the adjacent pad sites soon,” Michael Hedger said. “The neighbourhood investment sector continues to be a highly sought after asset class given the income profiles generally have a high weighting towards non-discretionary retailers and are underpinned by genuine growth,” Joe Tynan added. Read more on COMMO  - https://lnkd.in/ge-hTUWF Michael Hedger Joe Tynan Harrison Coburn Sabina Jakobsson #cbre #retail #retailinvestment #shoppingcentre #queenslandrealestate #queenslandmarket #commercialrealestate