NSW Commercial Property News

It’s known fondly as “The Cloey”, and local patrons will watch with interest as the popular Sydney beachside watering hole begins the hunt for a new owner.

Plans to build a $1 billion commercial precinct on the fringe of the Sydney CBD have moved a step closer with the NSW government recommending the developer’s proposal for the Australian Technology Park. This article originally appeared on theaustralian.com.au/property.

Lantern Hotel Group has continued shedding non-core assets, this time selling Sydney’s 150-year-old Commodore Hotel and its business for $14.5 million.

Japanese property developer Sekisui House has brushed aside fears of crumbling inner-city apartment markets and splashed out a near-record $360 million for a site at Wentworth Point in Sydney. This article originally appeared on theaustralian.com.au/property.

Hong Kong-listed car retailer Yongda Auto is entering Australia’s property market, buying a 40% stake in Chinese developer Chiwayland’s apartment project in north Sydney. This article originally appeared on theaustralian.com.au/property.

Not-for-profit group Vision Australia is offloading its headquarters in Sydney, with developers expected to circle the substantial parcel of land.

Macquarie Group is looking to dramatically extend its grip on Martin Place by serving up an unsolicited proposal to the NSW government for a major project above the new Martin Place station. This article originally appeared on theaustralian.com.au/property.

One of America’s biggest workplace experiments has landed in Australia — and it’s not doing things by halves. This article originally appeared on theaustralian.com.au/property.

Office yields in Sydney’s CBD have hit lows not seen since the Global Financial Crisis – and they might not be finished falling yet.