NSW Commercial Property News

A wealthy fashion couple’s move to close down one of Sydney’s oldest pubs has been shot down in flames.

Luna Park has sold for the first time in 20 years to a surprise new owner, over some of the biggest names in the entertainment game for considerably less than speculated.

Life sciences real estate is taking off across the country, with long-term investors betting the area will pay dividends.

The famed shopping centre family is now fishing for bargains in offices alongside the savvy Wentworth operation.

A jawdropping new 48-storey tower that’s set to radically transform the skyline of one of our major cities has smashed records just 24 hours after launching.

Global investment manager BGO has paid about $580m for a Sydney CBD office tower as it bets on the top end of the market.

Listed groups headed by Dexus, GPT and HMC Capital are leading the charge back into buying large shopping centres.

It’s hosted the likes of Princess Dianna, INXS rockstar Michael Hutchence and former US president Bill Clinton, but now the iconic hotel is set to make way for a new level of luxury, featuring some of the country’s finest apartments, a boutique hotel and shopping.

A plan to turn one of Australia’s most famous hotels into a ‘$1bn lifestyle destination’ includes plans to immortalise late icons Michael Hutchence and Princess Diana.