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Other Developments
A curated list of other prominent stories from this day.
9:07 PMPropertymarkets News
Coles Ulladulla Offered to Market for the First Time Since Development
Summary
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
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Why it matters
The transaction could set a useful pricing signal for fully leased regional neighbourhood centres.
Quintessential Acquires 133 Mary Street in Brisbane for $81.8 Million
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
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Why it matters
The deal may help establish a valuation benchmark for Brisbane CBD offices and reinforce the city's appeal to institutional buyers.