NSW Commercial Property News

Major law firms and banks are setting the pace in Sydney’s leasing market with their need for new offices supporting the development of towers in the CBD and the western hub of Parramatta. This article originally appeared on theaustralian.com.au/property.

Investment firms Alceon and CP Retail have sold their northern NSW shopping centre to the RAM Australia Property Fund for $46.25 million, a 60% rise on the purchase price five years ago. This article originally appeared on theaustralian.com.au/property.

Dexus has parted ways with an office tower and retail hub at 39 Martin Place in Sydney as the NSW Government’s compulsory acquisition of buildings for its metro rail project gathers pace.

Private real estate group Mark­ham and development heavyweight Lend Lease have teamed up to buy the Sydney Superyacht Marina, giving the pair a crucial sliver of Sydney’s Bays precinct. This article originally appeared on theaustralian.com.au/property.

The Lantern Hotel Group’s mass selloff of its pubs portfolio is nearing its conclusion after deals to offload two more hotels.

Heavyweight property developers are eyeing construction of thousands of apartments on prime Sydney harbourfront after the Baird government reached a deal to move the Sydney Fish Market. This article originally appeared on theaustralian.com.au/property.

Singapore-backed developer Frasers has won exclusive development rights for a site in the Western Sydney Parklands and plans to build a 50,0000sqm shopping mall. This article originally appeared on theaustralian.com.au/property.

China’s Han’s Group is emerging as the next major player in the Sydney CBD, lodging a development application for a $500 million mixed use development with one of the tallest buildings in the city. This article originally appeared on theaustralian.com.au/property.

Singapore hotel giant M&L Hospitality is aiming to dominate the Sydney CBD hotel market, kickstarting the development of a new mid-tier hotel in Sussex St. This article originally appeared on theaustralian.com.au/property.