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Investor Pays $64 Million For Premium Asset In Brisbane’s Fortitude Valley Precinct

Investor Pays $64 Million For Premium Asset In Brisbane’s Fortitude Valley Precinct

Tribune Properties Pty Ltd has beaten over 200 interested parties for a mixed-use asset 31 Duncan Street, Fortitude Valley after acquiring it for $64 million. Located at the gateway to the Fortitude Valley precinct, approximately 750 meters from the Brisbane CBD, the asset was sold by JLL on behalf of AM Valley Heart Pty Ltd, representing a net More...

by InvestBris | Published 2 weeks ago
brisbane commercial
By InvestBris On Thursday, November 30th, 2017
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Sentinel Disposes Of Banyo Facility For $37 Million

Sentinel Property Group has sold a warehouse leased to a subsidiary of BlueScope Steel in the Australia TradeCoast precinct on Brisbane’s northside. Located on a 47,880sq m site at 920-928 Nudgee Road, Banyo, More...

brisbane commercial
By InvestBris On Saturday, November 11th, 2017
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Brisbane Retail Sale Sets Yield Benchmark

Wondall Road Village has sold for $16 million in the latest sign of investor demand for premium retail opportunities. The centre was acquired by a private Gold Coast family on a yield of 6.08%. CBRE’s Michael More...

brisbane commercial
By InvestBris On Friday, October 27th, 2017
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AMP Capital Acquires Brisbane Tower For $92 Million

AMP Capital has increased the Queensland portfolio of their Wholesale Australian Property Fund after acquiring an A-grade office building in Brisbane for $92.6 million. Located at 199 Grey Street in South Brisbane, More...

brisbane commercial
By InvestBris On Thursday, October 26th, 2017
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AMP Capital eyes $1bn stake in Brisbane’s Indooroopilly Shopping Centre

AMP Capital is looking to stamp its authority on Brisbane’s retail property market with the purchase of a $1 billion stake in the Indooroopilly Shopping Centre.The group, which already manages one of the best More...

Queensland Economic Outlook ‘Positive’ Deloitte
By InvestBris On Monday, October 23rd, 2017
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Queensland Economic Outlook ‘Positive’: Deloitte

Queensland’s economy is solid and giving people a good reason to be upbeat about the future, according to Deloitte’s latest economic snapshot of the financial quarter.  Construction and development More...

By InvestBris On Monday, October 9th, 2017
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Sentinel Property snaps up facility in Brisbane’s Pinkenba

Sentinel Property Group has snapped up a major industrial investment with development upside in the prime Australia TradeCoast precinct, at Pinkenba in Brisbane’s east, for $48.5 million.The waterfront bulk More...

By InvestBris On Friday, October 6th, 2017
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Clarence Property Make $14 Million Spring Hill Acquisition

Property investment fund manager Clarence Property have successfully acquired a blue chip commercial precinct at 201 Leichhardt Street Spring Hill for $14.272 million. This was the company’s second acquisition More...

By InvestBris On Friday, October 6th, 2017
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Queensland’s MarketPlace Warner Sells In Record Deal

A private buyer managed by AMP Capital secured MarketPlace Warner for a history-making $78,350,000. The centre, on a site area of 6.48 hectares, is the largest neighbourhood shopping centre sold in Queensland. Warner More...

By InvestBris On Tuesday, September 26th, 2017
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Proposal To Activate Central Laneway In Brisbane’s Queen Street

Superannuation fund-backed ISPT has submitted a development application to the Brisbane City Council for the redevelopment of ground level foyer space at 345 Queen Street. The foyer is 2,979 square metres More...

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