The Freehold Going Concern of the Lucinda Point Hotel Motel has hit the market, with buyers expected to jump at the strategically located asset.

Leading commercial agency Savills has been appointed to sell a major stake in 18 Rowlands Place in Adelaide, a rare CBD trophy asset located in the core of the Adelaide CBD via an Expressions of Interest campaign.

Pelligra Group has purchased a three-level, 2,170sqm commercial office building at 50 Hindmarsh Square in Adelaide’s CBD from Hindmarsh View Properties in a transaction brokered by Rino Carpinelli and Ryan Mills of Savills Australia.

A modern retail, medical and fuel complex in Flagstone, 50km south-west of Brisbane, has been sold for $25.35million demonstrating the ongoing strong demand for daily needs assets.

Savills Australia and New Zealand has announced it is strengthening its Project Management leadership team with the appointment of Paul Hunter as State Director – NSW.