NSW Commercial Property News

New South Wales commercial property news, commercial real estate market data, business news and insights.

News
Google search leads to UTS campus in Ultimo
Technology giant Google has turned its attention towards a proposed tower at the UTS City Campus in the Sydney suburb of Ultimo as it seeks out a long-term home for its growing technology workforce. This article originally appeared on theaustralian.com.au/property.
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Boutique hotels the smart play: developer
Fresh from a six-year stint running the local development arm of US hotel giant Marriott International, lawyer Andrew Taylor is turning his attention to boutique hotels, saying they are better earners than the big cookie-cutter ­models.
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Hotel giant Peninsula Hotels eyes Sydney Harbour sites
Sydney and Melbourne are on the radar of one of the world’s most prestigious hospitality companies, Peninsula Hotels, but it is a question of finding a suitable site. Peninsula Hotels managing director and chief executive …
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Childcare, $13m Woolworths headline auction binge
A Woolworths that sold for $13 million and a investor binge on childcare centres headlined this week’s Burgess Rawson investment portfolio auctions in Sydney and Melbourne. More than $104 million worth of commercial property sold over two …
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Campbell’s Stores in $32m upgrade at The Rocks
The landmark Campbell’s Stores at The Rocks, an 1840s State heritage listed warehouse, will undergo a $32 million upgrade, following approval from the NSW government. This article originally appeared on theaustralian.com.au/property.
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Sydney warehouse comes with mechanical, moving lips
The iconic warehouse in Erskineville famous for the large pair of lips that adorn the facade is up for sale.
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Commercial sales fall as demand for stock bites
Commercial property sales in Australia fell nearly 60% in the first quarter of the year after a stampede to buy assets caused a shortage of stock across the Asia-Pacific region, according to ­researcher Real Capital Analytics. This article originally appeared on theaustralian.com.au/property.
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Developers to create $250m Haymarket megasite
A high-powered trio of international and local developers are close to buying a major site in Sydney’s CBD in a deal that would see them amalgamate two parcels in Haymarket being bought for close to $250 million in total. This article originally appeared on theaustralian.com.au/property.
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Coolibah Hotel reaps $40m as pub binge continues
The pub market is continuing to run hot with veteran publican Peter Vlandis selling the Coolibah Hotel at Merrylands in Sydney’s west for about $40 million. This article originally appeared on theaustralian.com.au/property.
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