Articles

  • Nov 28, 2024 | realcommercial.com.au | Giuseppe Tauriello

    Specialist fund manager Storage Investments Australia (SIA) has raised $40m from investors for a new fund focused on expanding its self-storage footprint in the eastern states, and moving it closer towards its ambition of reaching $1bn in assets before a potential IPO. Led by Adelaide businessman Con Tragakis, SIA has about $500m in assets under management, with a portfolio of 13 facilities operating across Victoria, South Australia, NSW, Queensland and Western Australia.

  • Oct 24, 2024 | realcommercial.com.au | Giuseppe Tauriello

    Adelaide’s Shahin family is looking to cash in on its $1.2bn sale of the OTR petrol station network to fuel giant Viva Energy, testing the property market with a portfolio of sites in its home city. The family’s Peregrine Corporation retained all the freehold real estate as part of the deal with Viva, and it is now seeking investor interest in three sites backed by long-term leases with a blue chip ASX-listed corporate tenant.

  • Sep 19, 2024 | realcommercial.com.au | Giuseppe Tauriello

    The Australian Taxation Office is considering its future at one of Adelaide’s largest office towers, as it slashes its accommodation requirements in the South Australian capital.

  • Aug 22, 2024 | realcommercial.com.au | Giuseppe Tauriello

    He’s the rich lister most people outside of property circles haven’t heard of, and that’s the way Adelaide’s Nick DiMauro likes it. But having quietly amassed a $1.3bn fortune through investment in shopping centres and office buildings across Australia and New Zealand, the plumber-turned-property magnate has become one of Australia’s wealthiest real estate investors and a migrant success story.

  • Jul 11, 2024 | realcommercial.com.au | Giuseppe Tauriello

    Two of Adelaide’s landmark CBD pubs are looking for new owners amid a deepening hospitality crisis that’s forced a string of venues to close their doors in recent weeks. Just a year after completing a million-dollar revamp of the The General Havelock on Hutt St, Penny Hospitality has listed the business for sale through Shipway Hotel Motel Brokers, which describes it as an “urgent sale”.

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