At MP Funds Management, we are constantly searching for the opportunity to extract as much value out of the market as possible with as little risk as possible.
The changing and competitive retail environment is driving transaction activity for shopping centres, as owners refine their portfolios, adjust their exposure to different states and asset types and seek greater diversification to improve their long-term risk-return profile.
A former Bundoora quarry, marketed as an infill residential redevelopment opportunity, is speculated to be selling for about $70 million.
Teska Carson (9421 7000) is marketing a versatile office/warehouse property with potential development upside at Abbotsford on Melbourne CBDs north-eastern fringe. The property will be auctioned on Wednesday, March 7 at 12pm on site.
Offshore investor interest in Western Australias retail market is expected to intensify in 2018, building on the $48 million worth of assets transacted in 2017.
Teska Carson (9421 7000) is marketing a boutique occupation, investment or development opportunity in the heart of the highly regarded inner eastern suburb of Glen Iris. The property will be auctioned on Thursday, March 1 at 1pm.
The Law Institute of Victoria has finally moved to put its long-held CBD headquarters on the market, some six months after a sales process was first mooted.
AFL footballer-turned-property developer, Fraser Brown, is speculated to be paying more than $70 million for another development site in Melbourne's south-east.
The former City Ford site at 75 Crown Street, Woolloomooloo, is on the market with the private family owners looking to reap about $100 million.
At the heart of Eat Street these new sites are earmarked for 45 storey mixed-use tower, and a commercial and retail offering within a heritage building.
The renowned Tankerville Arms Hotel, Fitzroy is being offered for sale, with price expectations exceeding $20 million. Â
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