In The Press

In a Territory, far, far away from the rest of Australia, a sci-fi inspired vision for the future $40bn NT economy has been set out. Chief Minister Michael Gunner told a room of indus­try experts on Monday his goal was to create a $40bn Terri­tory economy by 2030, by looking “beneath the sea, to­wards the […]

SENTINEL Property Group has expanded its new investment fund focused on northern Australia with the purchase of a fully tenanted large format retail centre. The fund manager paid $5.175m for the 4WD Supacentre, which is the flagship store in Mackay for its camping and outdoor leisure products brand Adventure Kings. The property at 2-6 Trade […]

THE Sentinel Property Group’s NT spending spree has continued with the $8.8m purchase of the two-storey Herbarium Building in Palm­erston. The building, which is fully leased to the NT government, includes a climate-controlled archive for endangered plant species.  Built on 940sq m and boasting 1510sq m of commercial of­fice space, the Herbarium building also has […]

The $400m sale of Casuarina Square to Sentinel Property Group will net the cash­-strapped Territory govern­ment a cool $23.6m in stamp duty revenues. The sale, announced last week and expected to be final­ised on February 28, is one of a number of windfall sales that have bolstered the Territory’s coffers over the past few months. […]

Big plans to overhaul Darwin's Casuarina Square Affectionately known as "Caz Square" or just Caz - the iconic Darwin shopping centre had its grand opening in 1973.It was built to withstand tropical cyclones, which was fortunate given Cyclone Tracy would wreak havoc across the city the following year. The centre has now been sold for [...]

The sale of Casuarina Square to Sentinel Property Group signals a significant new era for the landmark shopping centre. Sentinel paid approximately $400m for Casuarina Square, with settlement due February 28. Sentinel executive chairman and chief investment officer Warren Ebert told the NT News that all existing centre staff will be retained and that work […]

Busy Brisbane fund manager Sentinel has completed its biggest acquisition since it was established more than a decade ago, taking over Darwin’s Casuarina Square shopping centre from GPT Group for close to $400 million. The Casuarina transaction, first flagged last October, is in one of the biggest retail property deals yet in the northern capital and the […]

WARREN Ebert’s Sentinel Property Group has finalised the purchase of Darwin’s Casuarina Square shopping centre from GPT Group for about $400m. The Sentinel deal is believed to the largest single commercial property transaction north of Brisbane and the biggest equity raise for an unlisted retail asset ever achieved in Australia. It is the Sentinel Group’s biggest […]

Warren Ebert’s Sentinel Property Group has swooped on Darwin’s Casuarina Square shopping centre, snapping it up from GPT Group for close to $400m, as the retail property market is reset. The sale of the Northern Territory’s largest shopping centre for a net sale price of $397m was struck as joint vendors GPT and the GPT […]

Retailer Premier Investments, which operates chains including Just Jeans, Smiggle and Peter Alexander, will exit four sites in Sydney’s MidCity shopping centre as it takes a hardline approach to store-by-store profitability and a steady, tough stance with landlords. The company, which also operates Portmans and Dotti, said sales for the 26 weeks ending January 29 […]