North Sydney Commercial Property News

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.

Cashed-up Chinese groups are pushing deeper into Sydney’s suburban offices and apartments with sites worth about $200 million changing hands, defying concerns about a year-on-year slump in Chinese outbound property investment in the third quarter.

Private company Develco has emerged as the latest company to capitalise on the rise in office values on Sydney’s north shore, putting an office building in Lane Cove on the block with hopes of selling it for more than $55 million. This article originally appeared on theaustralian.com.au/property.

Sydney bar king Justin Hemmes has confirmed the city’s pub boom is still in full swing, with his private Merivale operation snapping up northern beaches watering hole The Collaroy in a play worth about $21 million. This article originally appeared on theaustralian.com.au/property.

Rents on office space in Sydney and Melbourne are soaring with fringe markets lifting in popularity, according to real estate agency Colliers International. This article originally appeared on theaustralian.com.au/property.

The Nine Network will depart the Willoughby site in Sydney’s northern suburbs known as the home of television in Australia for an ultra-modern skyscraper that will be the tallest in North Sydney. This article originally appeared on theaustralian.com.au/property.