Sharp yield for Victorian Woolworths anchored neighbourhood shopping centre
Neighbourhood shopping centre, Pakington Strand has sold on a benchmark yield of sub-5.50%. The sale was managed by Colliers’ Tim McIntosh and James Wilson in conjunction with Stonebridge’s Kevin Tong...
Homeworld Helensvale sells for $265 million
Queensland’s premier large format and daily needs centre, Homeworld Helensvale, has sold for $265 million. The sale represents the largest Queensland LFR transaction on record and the second largest in Australia....
Crossroads, one of Australia’s largest LFR assets for sale
A 100% interest in Crossroads is being offered to market, providing investors with the opportunity to acquire the 143,520m2 freehold Sydney metropolitan landholding over four separate titles. Crossroads Centre at...
Oreana Group’s Kallo Town Centre to test the market
Kallo Town Centre will test the market for a product that has become an investor favourite based on recession-proof, non-discretionary tenancy profiles and long leases to blue-chip tenants. The brand...
Major Greater Western Sydney town centre site available for sale
Stonebridge Property Group has been appointed to sell a major town centre development site located at 1 Kellicar Road, Macarthur, NSW. The B4 Mixed-Use zoned site occupies an expansive 2.55-hectare...
Stockland sells Townsville sub-regional centre to Sydney-based investor
Stonebridge Property Group & JLL are pleased to announce the sale of Coles Kmart Plaza Townsville on behalf of Stockland and AMP Capital for $47.25 million. The asset was sold...
Mirvac sells Cherrybrook Village for $132.8 million
Stonebridge Property Group & McVay Real Estate have announced the sale of Cherrybrook Village on behalf of Mirvac for $132.8 million. Cherrybrook Village is a dominant and established 9,382m2 neighbourhood...
Large Format Retail asset to hit the market in Melbourne’s north growth corridor
The newly constructed Craigieburn Junction Large Format Lifestyle centre in Melbourne’s northern growth corridor is set to come to market. The prime 30,000m2 asset is home to a diverse mix...
Regional centre Coles Swan Hill sells for more than $20 million
Regional investments continue to soar as Coles Swan Hill Shopping Centre, a regional Victorian Coles anchored neighbourhood centre transacted for $20.075 million, representing a yield of 5.08%. The shopping centre...
Coles Woodend sells for a record $33.3 million
Coles Woodend, a 3,780m2 regional freestanding supermarket sold for $33.3 million, which represented a 4.31% yield. The property was sold to local diversified property player DeGroup. Stonebridge Property Group acted...
Pace sells its Ascot Vale project for $19.15m
Pace Development Group will close the financial year with a further $19.15 million added to its commercial results and new industry benchmark, having sold four tenancies at its Pace of...
Mirvac’s Cherrybrook Village on the market
The Mirvac owned and managed Cherrybrook Village, in Sydney’s affluent north west, has hit the market. The 9,382 m2 neighbourhood shopping centre is positioned on an expansive 30,000m2 site and is...
Stonebridge expands into suburban strip retail
Australian owned commercial real estate group, Stonebridge Property Group (SPG), is growing again with former CBRE Director, Rorey James, together with senior staff Nic Hage and Kate Johnstone recently joining...
Ballarat Lifestyle Centre sells for $12.39 million
Troon Group’s Ballarat Lifestyle Centre has sold for $12.39 million in a strong signal that investor confidence has returned to the retail investment market. The centre sold to a Melbourne-based...
Altis secures $46 million benchmark result for large format centre
Altis Property Partners have sold a convenience-based, large format retail centre in Sydney for $46 million – a record NSW fully leased yield of 5.46%. Harry Bui and James Wilson of Colliers...
Coles sells Amaroo Village Shopping Centre in ACT for $29.5m
Coles Group Property Developments Ltd has sold the Coles Amaroo Village in Canberra, a highly-convenient neighbourhood shopping centre, located in the fast-growing northern suburbs of Canberra to a private interstate...
Mirvac’s St Marys Village sells for $68 million
Mirvac’s St Marys Village in Sydney’s western suburbs has been sold for a sale price of $68 million, which represents a 36% premium to book value. The 15,904m2 convenience based...
Stonebridge appoints Neil Proudlove, Director of Property Management
Stonebridge Property Group has bolstered its retail Property Management team with the appointment of Neil Proudlove as Director. Neil brings with him more than 30 years of property experience, including 25...
Crossroads Homemaker Centre sells for $140 million
AMP Capital Diversified Property Fund has sold Crossroads Homemaker Centre to AsheMorgan for $140 million, highlighting continued demand for Sydney metropolitan retail assets after the asset went on the market last...
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