Resilient performance in challenging markets driven by the Group’s less transactional service lines

Park Ridge Town Centre, a neighbourhood shopping centre anchored by both Woolworths and Coles, has sold to a private investor in a transaction managed by Savills and illustrates the ongoing appeal of assets underwritten by non-discretionary retail.

Savills Australia and New Zealand has announced the appointment of Chris Paul as Managing Director of its Western Australia business who, in addition to his new position, is extending his long-term role as National Director – Retail Valuation & Advisory with the global real estate brand.

A trophy pub in the centre of Sydney’s CBD, has sold for circa $40m with the selling agents, Savills Australia & New Zealand & JLL Hotels & Hospitality Group describing the sale as one of the most significant pub sales thus far in 2023.  

Situated at the heart of a thriving regional centre, the Quest Dubbo, has been offered to market, listed exclusively for sale by Savills Australia and New Zealand.