Real Estate

Charter Hall has acquired the Burwood One shopping centre in Melbourne’s east for $210 million, just days after snapping up a triple-supermarket-anchored shopping destination in Queensland. 

Grand Ridge Plantations has lost an appeal seeking to halve the official valuation of its Gippsland timber forest, with a court finding that the trees on the land must be included in its assessed value.

Law firm Allens is behind the recent sale by Pamoja Capital of a majority stake in UniLodge to Japanese property developer Samty.

Charter Hall has acquired the Southport Park shopping centre in Queensland from billionaire John Van Lieshout for $152.5 million.

Real estate fund manager Centuria Capital has acquired the management rights to 22 agricultural properties worth $444 million, expanding its portfolio in the sector to $1.3 billion. 

Commercial real estate broker Cushman & Wakefield has filed a cross-claim in a former managing director's unfair dismissal case seeking repayment of a $1.5 million bonus.

An appeals court has allowed developer Sayers Property's $1.9 million insurance claim in relation to a $11 million purchase of land.

Global transport investment manager Realterm has acquired two logistics sites in Revesby and Ingleburn worth $89 million, expanding its Sydney portfolio to five assets. 

Launching a cross-claim in a former managing director's unfair dismissal case, commercial real estate broker Cushman & Wakefield wants orders for repayment of a $1.5 million bonus.

The purchaser of Frankston’s $115 million Peninsula Kingswood Country Golf Club has lost a summary dismissal bid, with the court calling out its “contrariness” as stymieing the case's progress without real cause.