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Stonebridge Retail Investments has put Coles Ulladulla up for sale for the first time since developing the fully leased, Coles-anchored neighbourhood shopping centre. The property serves Ulladulla, a major tourist destination on the NSW South Coast.
9:07 PMPropertymarkets News
Quintessential has completed the $81.8 million purchase of 133 Mary Street in Brisbane's Golden Triangle. The acquisition reflects its confidence in the long-term prospects of Brisbane's office market.
8:31 PMPropertymarkets NewsSummary
Stonebridge Retail Investments has put Coles Ulladulla up for sale for the first time since developing the fully leased, Coles-anchored neighbourhood shopping centre. The property serves Ulladulla, a major tourist destination on the NSW South Coast.
The sale creates a rare opportunity to buy an established grocery-led asset with existing occupancy
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
The transaction could set a useful pricing signal for fully leased regional neighbourhood centres.
Summary
Quintessential has completed the $81.8 million purchase of 133 Mary Street in Brisbane's Golden Triangle. The acquisition reflects its confidence in the long-term prospects of Brisbane's office market.
The completed purchase transfers a major Brisbane CBD office asset to an owner willing to
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
The deal may help establish a valuation benchmark for Brisbane CBD offices and reinforce the city's appeal to institutional buyers.
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