CBRE’s Premium Property Portfolio – The Gavel

$30,000,000 in premium property investments sold in first PPPA of 2019

Melbourne, 1 April 2019 – The first CBRE Premium Property Portfolio Auction (PPPA) of 2019 has netted $30,000,000 and highlighted strong demand for quality investment assets. Five of the eight properties were sold, with multiple bidders for each asset and several of the properties sold ahead of auction. The remaining three assets are under offer, […]

Schwartz Family Sets New Melbourne Benchmark with Liberty Tower Retail Sale

Melbourne, 05 December 2018 – Melbourne’s Schwartz family realised $21,500,000 from the sale of a portfolio of ground floor shops beneath Melbourne’s landmark Liberty Tower apartment tower, representing the largest strata portfolio transaction in the city’s history. The eight shops were offered together after 20 years of ownership as part of CBRE’s latest Premium Property […]

Premium Auctions Success Story For CBRE – Latest Auction Raises $48 Million

Melbourne, December 3 2018 – CBRE’s Premium Property Portfolio Auction platform rounded off the 2018 series with an 86 per cent clearance rate with multiple bidders paying a total of nearly $48 million for six out of the seven properties auctioned. The properties auctioned on Thursday, November 29 included: 7/11 Service Station, North Melbourne – […]

CBRE’s Premium Property Portfolio Auction – The Story So Far

Melbourne, August 21 2018 – It has been twelve (12) months since CBRE launched its portfolio auction platform, the Premium Property Portfolio Auction (PPPA), which has yielded strong results in the first six (6) consecutive events. Over $300,000,000 in property has been sold through the platform in the past year at a clearance rate of […]

Asian buyers snap up Woolworths at sold-out commercial property auction

As in Australian Financial Review Asian investors have snapped up two Woolworths supermarkets in Melbourne’s eastern suburbs for more than $33 million on yields well below 5 per cent. The blue-chip retail property investments changed hands as part of a CBRE portfolio auction, which generated almost $53 million in sales and a 100 per cent […]

Woolworths supermarkets headline CBRE’s sixth Premium Property Portfolio Auction

As in Australian Financial Review CBRE has confirmed the line-up for its next Premium Property Portfolio Auction (PPPA), which will include two freestanding Woolworths supermarkets in metropolitan Melbourne.

New Partnership Formed as the CBRE PPPA delivers again

Melbourne, May 31 2018 – CBRE’s Premium Property Portfolio Auction (PPPA) campaigns continue to achieve strong results, with the firm’s fifth auction event resulting in a 75% clearance rate. Held at the Zagame Automotive Showroom in Richmond, Melbourne, three out of four properties offered sold under the hammer – totaling $16.695 million. A healthcare investment […]

CBRE CONFIRM PREMIUM PROPERTY PORTFOLIO AUCTION V

Melbourne, Monday 16th April 2018 – CBRE is pleased to announce the confirmation of the fifth Premium Property Portfolio Auction, which will be held next month. To be held for the first time at the Zagame Automotive dealership in Swan Street, Richmond on Thursday 31st May, the auction will feature four premium Australian investment properties, […]

SUPERMARKETS SNAPPED UP

Buyers are snapping up neighbourhood shopping centres around the country, chasing yield and defying the gloom facing the retail sector. Cautious consumers and a trend to onlne shopping have challenged the retail sector more broadly, but convenience retail abd the largest flagship malls are widely tipped to fare best in the shake-up. A private investor […]

COLES CLAYTON SELLS FOR $17 MILLION ON RECORD YIELD OF 2.57 PER CENT

A Coles supermarket in Melbourne’s south-east was scooped up for $17,115,000 – selling for a record yield for supermarkets of 2.57 per cent. The deceased estate, at 1389-1391 Centre Road, Clayton, which sold before its scheduled auction this week, had had a price guide in the sub-$10 million range. Coles Clayton, occupying a 2883-square-metre site, […]

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