Archives: News


First Victorian hospital sale of the year fueled by upcoming election

A private investor has listed Chesterville Day Hospital in Melbourne’s Cheltenham for sale, piquing the interest of healthcare investors looking to secure an established hospital asset. CBRE agents Josh Twelftree, Sandro Peluso and Jimmy Tat have been exclusively appointed to negotiate the sale, which represents the first Melbourne hospital to hit the public market this…


Q1 2019 sees lower volume of office transactions despite peaking investor appetite

After a record-breaking run of sales in 2018, the Melbourne office investment market has started 2019 in a more restrained fashion, as transaction volumes dipped for the first quarter in the sub $150 million bracket of the sector. But it hasn’t been for lack of demand, as CBRE investor surveys reveal a major depth of…


Non-Discretionary Supermarkets Still in Demand from Domestic and International Investors

CBRE Victorian Freestanding Retail Investments have just transacted through auction the Supa IGA Supermarket in Ringwood East. Owned and run by the Corcoris family, the IGA supermarket was offered with a leaseback with a 10 year lease. The supermarket sold under the hammer for $7,340,000 on a yield of 5.4%, with multiple bidders bidding at…


$30,000,000 in premium property investments sold in first PPPA of 2019

The first CBRE Premium Property Portfolio Auction (PPPA) of 2019 has netted $30,000,000 and highlighted strong demand for quality investment assets. Five of the eight properties were sold, with multiple bidders for each asset and several of the properties sold ahead of auction. The remaining three assets are under offer, with deals expected to close…

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