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McGees Wrap Up 1st of November 2024

McGees Wrap Up 1st of November 2024

This week’s commercial property transactions in Queensland showcase substantial investments across the industrial, office, and hospitality sectors. Buyers target well-located assets that promise strong returns and redevelopment potential. Below is a detailed account of the week’s notable deals, reflecting diverse…

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McGees Wrap Up
McGees Wrap Up 18th of October 2024

McGees Wrap Up 18th of October 2024

This week’s Queensland commercial property market saw significant activity across multiple sectors, including office, industrial, retail, and rural properties. Notable transactions include Sentinel Property Group’s $72 million acquisition of RACQ House, record-setting industrial sales in Brisbane’s southern corridor, and strong…

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McGees Wrap Up
McGees Wrap Up 11th of October 2024

McGees Wrap Up 11th of October 2024

This week’s commercial property market in Queensland saw a diverse range of transactions across development, industrial, office, retail, and rural sectors. Significant leases, government acquisitions, and high-profile rural property sales highlighted the ongoing demand for strategically located assets. With major…

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McGees Wrap Up
McGees Wrap Up 4th of October 2024

McGees Wrap Up 4th of October 2024

This week’s commercial property market in Queensland remained active, with notable transactions across the industrial, office, and retail sectors. Leasing activity surged, reflecting strong demand for functional spaces in key locations, while major sales in aviation and retail properties underscored…

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McGees Wrap Up
McGees Wrap Up 27th of September 2024

McGees Wrap Up 27th of September 2024

This week’s commercial property market in Queensland saw significant activity across the industrial, office, and retail sectors. High demand for well-located assets, particularly in growth areas like Brisbane’s TradeCoast and suburban retail hubs, continues to drive strong investor interest. From…

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McGees Wrap Up
McGees Wrap Up 20th of September 2024

McGees Wrap Up 20th of September 2024

This week’s commercial property market in Queensland saw a diverse range of transactions, spanning office leases, major industrial investments, historic hotel sales, and development site acquisitions. From significant investments in logistics properties to the unveiling of a new Olympic-standard sports…

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McGees Wrap Up
McGees Wrap Up – 13th of September 2024

McGees Wrap Up – 13th of September 2024

Industrial: Murarrie, QLD Seller: New Britain Catholic Investment Transaction Details: Sale of three industrial properties for nearly $14.4 million 1-5/22 Alexandra Place & 4/9 Archimedes Place: Six units sold for just under $8 million to five investors and one owner-occupier.…

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McGees Wrap Up
McGees Wrap Up 6th of September 2024

McGees Wrap Up 6th of September 2024

The Queensland commercial property market continues to demonstrate resilience and growth, with a diverse range of transactions across retail, industrial, and development sectors. Recent lease agreements, property acquisitions, and government-approved developments signal strong demand for well-located assets in both suburban…

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McGees Wrap Up
McGees Wrap Up 15th of August 2024

McGees Wrap Up 15th of August 2024

The Queensland property market continues to showcase a diverse range of investment opportunities across retail, office, and industrial sectors. Recent transactions highlight the robust demand and investor confidence in various regions, from Brisbane's bustling suburbs to the strategic locations of…

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McGees Wrap Up
McGees Wrap Up 8th of August 2024

McGees Wrap Up 8th of August 2024

Sector Location Transaction Details Retail Clontarf, QLD A retail investment, 80 Hornibrook Esplanade, Clontarf, a 178 sqm of ground floor space in a 69-unit apartment building, was sold for $1.28 million within 40 hours. The sale price represented a 6.9%…

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McGees Wrap Up
McGees Wrap Up – 1st of April 2024

McGees Wrap Up – 1st of April 2024

Office Transactions: Heritage-Listed Building in Brisbane CBD Location: 47 Edward Street, Brisbane, QLD Property Type: Five-storey Victorian warehouse Building Area: 772 sqm Purchase Price: $5.5 million Buyer: Horton Media Australia Key Features: Character-filled heritage-listed building with views over the Brisbane…

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McGees Wrap Up

Redbank Plains Centre Sale

Westbridge, a Western Australia-based fund manager, has successfully acquired the Redbank Plains Retail Centre in Ipswich from Charter Hall Long WALE REIT (CLW) for $23 million. This acquisition marks the eighth and final asset for Westbridge’s Diversified Fund No. 4.

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McGees Wrap Up

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