North Sydney Commercial Property News

South Korea’s National Pension Service is edging closer to selling two major office towers in North Sydney and Melbourne worth more than $500 million.

M&G Real Estate, a unit of British insurer Prudential PLC, is eyeing the purchase of a half stake in the prominent building in North Sydney known as Coca-Cola Place, which is being offloaded by South Korea’s ­National Pension Service in a deal valuing the entire tower at close to $450 million.

Global finance and insurance group Zurich Financial Services is looking to tap into the surge of interest in major towers in North Sydney and will offer the $350 million-plus building it is developing for sale.

Hong Kong billionaire Francis Choi has sealed a deal to buy a half-stake in the $600 million Northpoint Tower in North Sydney from Cromwell Property Group’s long-time South African backer, Redefine Properties.

The US consulate will move from Sydney’s CBD for the first time in 25 years, and into North Sydney. 

A private Asian investment house is in advanced talks to buy a half-stake in the $600 million Northpoint Tower in North Sydney from Cromwell Property Group’s South African backer, Redefine Properties.

Property giant Grocon has had a $200 million contract for a North Sydney office tower terminated amid a refinancing deal that saw construction scion Daniel Grollo arrange to pump funds into the company. 

The production offices behind some of Australia’s most popular TV shows are on the leasing market, offering a rare opportunity to secure a readymade creative office hub near Sydney Harbour. The McMahon’s Point studios have been occupied …

Property powerhouse Dexus is looking to bolster its position in North Sydney by snapping up The Christie Centre in Berry St for more than $60 million.