North Sydney Commercial Property News

Sydney’s office tower boom is spreading through the city after a series of big-ticket deals in the central business district and an Asian investor swooping on a North Sydney office block for about $115 million in the latest play.

Media company Nine Entertainment Co has locked in a deal to consolidate its operations at its new headquarters in a $1 billion skyscraper in North Sydney.

Investment company Harrington Property has swooped on the Greenwood Artarmon childcare centre in northern Sydney in a $14.8 million deal.

A major luxury retailer could be destined to create a Sydney flagship store at the new Chatswood Rose building at Roseville in Sydney’s inner north.

The listed CC Land Holdings, the Hong Kong-based firm controlled by Chinese property magnate Cheung Chung-kiu, has quietly emerged as one of the canniest investors in Australia’s most recent office property cycle.

The Nine Network’s Willoughby studios is back on the market — two months after receiving approval for a 460-apartment development.

The Novotel Norwest in Sydney’s outer northern suburbs is to be upgraded and rebranded the Rydges Norwest Sydney from April 2.

Sydney’s northern suburbs have emerged as a drawcard for international property investors with more than $1 billion worth of office towers now in play.

Property developers are ending the year by unveiling a series of major projects in Sydney and Melbourne, in a sign their confidence has not waned in the face of weak demand for residential property.