Real Estate

Star Entertainment has reached an agreement with its Queen's Wharf partners to sell its 50 per cent stake in the Brisbane entertainment venture.

Developer Goldfields Group has purchased the Quality Resort in Western Australia's Sorrento Beach in a $31 million off-market sale.

A former EY partner accused by the ATO of promoting a tax avoidance scheme over property developments has told a trial judge the commissioner has "overreached".

Invesco’s global real estate business will acquire retirement village operator and owner RetireAustralia for $845 million.

With plans to transform it into a mixed-use estate, Queensland developer Vitale Property Group has partnered with Metrics Credit Partners to acquire a large-scale industrial site on the Gold Coast.

Gilbert + Tobin has strengthened its real assets team with the appointment of a partner recruited from global asset manager Blackstone.

Dexus Industria REIT has entered option agreements to sell its 13 Brisbane Technology Park properties for a net $155.5 million.

Centuria Capital has snapped up the Port Adelaide Distribution Centre for $216 million, calling it a "rare opportunity" surrounded by a host of positive economic indicators.

Melbourne property group Cadence Property has bought up a 1.7 hectare corner industrial site located in Fishermans Bend in Port Melbourne.

Melbourne's Park Hyatt Hotel has been sold to Thai group KS Hotels for a reported $200 million, in Australia's biggest hotel deal of the year so far.