Archive for September 21st, 2007

Macquarie’s beach buy

Friday, September 21st, 2007

A consortium led by the Macquarie Group of Companies has acquired a high rise redevelopment site at Main Beach on the Gold Coast, from local developer HSP Group.

ANZ Bank investment

Friday, September 21st, 2007

A private investor has added to his Sydney CBD property portfolio by acquiring the ANZ banking chamber at 2 Barrack Street at auction. The banking chamber is leased to ANZ for ten years.

Stockland to stock up on retail

Friday, September 21st, 2007

Stockland has submitted a development application for a $200 million expansion of its Shellharbour shopping centre at Illawarra, NSW. The expansion would see a further 30,000 sqm added to the centre’s current 70,000 sqm.

Newcastle building sells

Friday, September 21st, 2007

A local developer has purchased an office building in Newcastle, New South Wales, at an auction conducted by Realty Partners. The property sold for $300,000 above its reserve price.