NSW Commercial Property News

A property fund managed by South African investment bank Investec has bought two suburban Sydney office properties from private equity giant Blackstone for $160 million, increasing its exposure to the buoyant NSW economy. This article originally appeared on theaustralian.com.au/property.

A six billion dollar sales slump hasn’t stopped Australia’s commercial property investment market from powering into the New Year.

Boston-based investment manager AEW Capital Management has swooped on a B-grade tower in Sydney’s Clarence Street for about $169 million. This article originally appeared on theaustralian.com.au/property.

Celebrity chef Matt Moran won’t have to wander far for a beer and a steak after he and pubs partner Bruce Solomon picked up the Clovelly Hotel. This article originally appeared on theaustralian.com.au/property.

Billionaire Lang Walker will build Parramatta’s largest ever skyscraper after securing an agreement with the NSW government to house thousands of public servants. This article originally appeared on theaustralian.com.au/property.

The squeeze for office space in Sydney is set to continue.

A consortium of property powerhouses including GPT, Brookfield and AMP has lodged a development application for a $1 billion high-rise office and retail precinct at Sydney’s Darling Harbour. This article originally appeared on theaustralian.com.au/property.

Industrial real estate and funds specialist Propertylink Group has snapped up an industrial complex leased to online fashion retailer The Iconic, in a $46.6 million play.

The National Australia Bank has committed to two major Sydney skyscrapers, with one to soar above Wynyard station in the CBD and the other in the emerging hub of Parramatta. This article originally appeared on theaustralian.com.au/property.