NSW Commercial Property News

Property group Dexus has secured a site for Sydney’s next super tower just one block back from Circular Quay by picking up a building from Canada’s Brookfield for a reported $190 million.

A block of apartments in Waverley has sold for about $20 million, Sydney’s largest unit block transaction since an Edgecliff site sold for more than $33 million in 2017.

Apple has unveiled the first of its revamped Australian store layouts, with some wild new additions and world firsts.

Two adjoining properties along Parramatta’s bustling Eat Street — including the site which houses Australia’s first Criniti’s restaurant — have hit the market.

They’re some of our most iconic spots, but inner west pubs are undergoing one of their biggest changes in recent memory.

Sydney’s pub market is continuing its golden run with Oscars Hotels snapping up the Harold Park Hotel in inner city Forest Lodge for about $6 million, capping a week in which about $60 million worth of pubs changed hands.

Singapore’s acquisitive Royal Group Holdings is in exclusive due diligence to buy one of the last dowager hotels of Sydney, the landmark Sofitel Wentworth, in the largest hotel deal of the year.

Diversified property group Stockland is at the heart of two property plays in Sydney’s central business district, with a sale of its half interest in the $700 million 135 King St and Glasshouse complex to the Investa fund that co-owns the complex imminent.

Interests associated with Metro Storage have emerged as the buyer of a major large-format centre in western Sydney in a $47.5 million play.