NSW Commercial Property News

The federal minister for the environment and energy Josh Frydenberg will not intervene in the sale of the freehold of the Sydney GPO to Singapore’s Far East Organisation and its sister company Sino Land Company. This article originally appeared on theaustralian.com.au/property.

Young businessmen Rhys Wil­liams and Alex Thorpe are scouring Sydney and Melbourne for inner-city sites to grow their fledgling Veriu contemporary hotel brand. This article originally appeared on theaustralian.com.au/property.

Mirvac Group has become the latest landlord to embrace the hi-tech sector, launching Hoist, which it is pitching as a co-working partnership with incubator York Butter Factory, starting at the Australian Technology Park in Redfern in inner city Sydney. This article originally appeared on theaustralian.com.au/property.

NSW will splash $35 million on a new start-up hub, bringing in key tenants Tank Stream Labs, Stone and Chalk and Fishburners in an 11-storey building the government says will be the first of its kind in the southern hemisphere. This article originally appeared on theaustralian.com.au/property.

AMP Capital has bought a shopping centre in Newcastle, north of Sydney, on behalf of Sunsuper for about $163 million. This article originally appeared on theaustralian.com.au/property.

An award-winning youth hostel in Collaroy will be replaced in the long-term by a block of luxury apartments and shops.

An offshore group has swooped on the Bakehouse Quarter in Sydney’s inner west with the deal rumoured to have been struck at $380 million as major sites with future residential potential remain hot property across the city. This article originally appeared on theaustralian.com.au/property.

Investors were both hot and cold at the latest Burgess Rawson investment portfolio auctions, with some assets keenly contested but others yet to find new owners. About $80 million worth of commercial property sold across two days …

Dexus Property Group has stamped its authority on the Sydney office market, snapping up a half stake in the $1.4 billion MLC Centre in the heart of the central business district and committing to overhauling …