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Fortius arrives with Irongate at Rundle Place in $210m deal

Fortius arrives with Irongate at Rundle Place in $210m deal
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ASX-listed Irongate has partnered with property platform Fortius to take out Rundle Place, a prime shopping destination in the heart of Adelaide’s CBD, for about $210 million, in one of the biggest single retail deals since the pandemic disruption.
On the sell side is deep-pocketed private equity giant Blackstone, which acquired both the shopping centre on Rundle Mall and an office tower above it in a $400 million transaction five years ago. The office component was sold three years ago to Centuria, in partnership with Rich Lister Paul Lederer, for $185 million. ....

South Australia , Lister Paul Lederer , Investec Australia Property Fund , Adelaide City Library , Irongate Templewater Australia Property Fund , Rundle Place , Rundle Mall , Rich Lister Paul Lederer , New Zealand Focused , Grenfell Street , தெற்கு ஆஸ்திரேலியா , பட்டியல் பால் லெடரர் , முரட்டுத்தனம் இடம் , முரட்டுத்தனம் மால் , புதியது ஜீலாந்து கவனம் , கிரென்ஃபெல் தெரு ,

New office build celebrated in Adelaide as CBD vacancies increase to highest level since 2017

New office build celebrated in Adelaide as CBD vacancies increase to highest level since 2017
FriFriday 26
An artistic impression of the 20-storey office block being constructed on Pirie Street.
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There s a certain irony to commencing construction of a 20-storey office building while surrounded by commercial vacancy signs, but according to the South Australian government, it s good for jobs and investment.
Key points:
Adelaide s office vacancy rate has soared to 16 per cent due to new builds and COVID-19
A large South Australian government department will move into a new 20-storey office block once it is built
Despite the building s contribution to the office glut, stakeholders believe the investment is worth it ....

South Australia , Corey Wingard , Stephan Knoll , Daniel Gannon , Pat Gerace , Institute Of Australia , Property Council Of Australia Office Market , South Australian , Cbus Property , Transport Minister Corey Wingard , Property Council , Office Market Report , Planet Nightclub , Grenfell Street , Design Code , Pirie Street , Property Council Of Australia , David Gannon , Vacancies Urban Institute Of Australia Sa , தெற்கு ஆஸ்திரேலியா , கோரி விங்கார்ட் , ஸ்டீபன் நோல்ல் , டேனியல் கேனான் , நிறுவனம் ஆஃப் ஆஸ்திரேலியா , ப்ராபர்டீ சபை ஆஃப் ஆஸ்திரேலியா அலுவலகம் சந்தை , தெற்கு ஆஸ்திரேலிய ,

Woman charged after man stabbed in the chest with scissors

A woman has been arrested after seriously assaulting a man she knew and the weapon she used was an everyday item. ....

South Australia , Adelaide Magistrates Court , Grenfell Street , Royal Adelaide Hospital , தெற்கு ஆஸ்திரேலியா , கிரென்ஃபெல் தெரு ,

Greek Australian property mogul Con Makris sells two properties for $110 million!

Greek Australian property mogul, Con Makris has just divested two shopping centres in Adelaide for a combined value of $110 million.
The rich lister, put the two malls on the market last July to wind back his retail real-estate footprint in South Australia.
Sydney property group Revelop acquired the landmark City Cross Shopping Centre in Adelaide’s Rundle Mall for $60 million.
The City Cross Shopping Centre transaction was the latest deal between the Makris Group and Revelop, after the Sydney group bought Newton Village Shopping Centre in Adelaide’s north-west for $35 million two years ago.
Meanwhile, investment firm Greenpool Capital, with backing from Qualitas, has bought North Adelaide Village, along with an adjoining site on O’Connell Street in a deal valued at $50 million. ....

Neos Kosmos , Perifereia Peloponnisou , New South Wales , South Australia , North Adelaide , Gold Coast , Christopher Skase , Newton Village Shopping Centre , City Cross Shopping Centre , Makris Group , Greek Australian , Con Makris , Rundle Mall , Greenpool Capital , North Adelaide Village , O Connell Street , City Cross Mall , Grenfell Street , Marina Mirage , South Australian , நியோஸ் கோஸ்மோஸ் , புதியது தெற்கு வேல்ஸ் , தெற்கு ஆஸ்திரேலியா , தங்கம் கடற்கரை , நியூட்டன் கிராமம் கடையில் பொருட்கள் வாங்குதல் மையம் , நகரம் குறுக்கு கடையில் பொருட்கள் வாங்குதல் மையம் ,

Outstanding warrant offender charged over aggravated break-in at Parkes

Date Time
Outstanding warrant offender charged over aggravated break-in at Parkes
A man wanted on four outstanding warrants has been charged following an aggravated break and enter in the state’s Central West.
Between 9.15pm and 11.30pm yesterday (Sunday 17 January 2021), officers attached to Central West Police District received reports of three aggravated break, enter and steal offences in Parkes.
The offences are alleged to have occurred at homes on Grenfell Street, Close Street and Captain Wilson Drive.
Following inquiries, officers attached to Central West Police District attended a service station on the Newell Highway where they arrested a 35-year-old man, about 1.30am today (Monday 18 January 2021). ....

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