NSW Commercial Property News

‘Aussie’ John Symond has listed the Double Bay building famous as the onetime home of Robyn Cosgrove Rugs, later fashion icon Trent Nathan and then Country Trader.

Ordering high-end marble from Italy – with a three-month wait for delivery – is something normally associated with luxury residential builds or upmarket renovations. But when Sydney’s Quay West hotel at The Rocks revamped its …

The race to house more than 4000 state public servants in Sydney’s west is coming to a head with three projects in Parramatta heading a field that has pitted tycoon Lang Walker against two listed developers.

Singaporean group ARA Asset Management is looking to put its mark on Sydney’s commercial property market early this year with the purchase of a $300 million office project in the harbourfront suburb of Pyrmont.

Asian investment groups and local funds managers are tipped to chase buildings across Sydney’s suburbs this year with major centres including Chatswood and Parramatta on the radar.

Sydney landmark the Citigroup Centre could lose its namesake tenant, with the investment bank weighing up a dramatic shift that could see it split its space between new towers in the central business district and North Sydney.

The boom in Sydney’s pub market has continued into this year with well-known publican Matt Williams of King Tide Hospitality Group picking up The Coopers Hotel in inner Sydney Newtown for about $13.5 million.

After 20 years with the same owners, the Tuggerah Shore Van Park at Tuggerawong has been listed for sale with a price guide of $5.6 million.

One of the last dowager hotels of Sydney, the landmark Sofitel Sydney Wentworth, is about to hit the market as it faces increasing competition from rival hoteliers across the city.