Newcastle Commercial Property News

Newcastle commercial property news, commercial real estate market data, business news and insights.

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Newcastle Bunnings sells on huge yield
Bunnings Warehouse-leased properties have been few and far between on the commercial market this year, and are among the industry’s hottest commodities when they do arise.
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Derelict historic Newcastle Post Office to become function venue
Wealthy hotelier and cosmetic surgeon Jerry Schwartz is planning to convert the historic Newcastle Post Office into a convention and wedding centre after buying the near-derelict landmark for $3.5 million.
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New IKEA, Costco on the cards near Newcastle
IKEA and Costco are a step closer to opening new stores at Boolaroo, near Newcastle.
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H&M to open new store at Stockland Green Hills
Global fashion giant H&M is spreading its wings into East Maitland, with the chain to open a major store at the new Stockland Green Hills shopping centre.
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Newcastle’s Marketown changes hands for $163m
AMP Capital has bought a shopping centre in Newcastle, north of Sydney, on behalf of Sunsuper for about $163 million. This article originally appeared on theaustralian.com.au/property.
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Iris Capital forges ahead with 500-unit Newcastle complex
Sydney hotel owner and developer Iris Capital is pushing ahead with its apartment project in Newcastle, lodging a development application last week after a consultation process with Newcastle Council. This article originally appeared on theaustralian.com.au/property.
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Aged care in the spotlight amid $33bn building boom
If the only inevitabilities in life are death and taxes, then the economy and government policy will begin to reflect it. This article originally appeared on theaustralian.com.au/property.
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Iris Group snares Newcastle’s ‘East End’ site
Prominent Sydney hotel owner and developer Iris Group has paid $39 million for a Newcastle site that carries approval for a major mixed-use project. This article originally appeared on theaustralian.com.au/property.
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Vicinity set to offload more shopping centres
Vicinity Centres has stepped up its asset sale program, appointing a slew of top agents to sell a $250 million subregional and neighbourhood centre portfolio. This article originally appeared on theaustralian.com.au/property.
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