NSW Commercial Property News

Chinese-backed developer JQZ has bought the former factory site of confectionary company Darrell Lea in Sydney’s south for an estimated $80 million, with plans to build 550 apartments. This article originally appeared on theaustralian.com.au/property.

The Longhurst Group has picked up Sydney’s landmark Edgecliff Centre in a deal worth $138.75 million that positions the developer to overhaul the complex into a major mixed-use project. This article originally appeared on theaustralian.com.au/property.

Charter Hall Group has bought Campbelltown Mall in Sydney’s west for $197 million in the biggest individual sub-regional shopping centre sale so far this year.

The number of inner-city pub sales in Sydney’s CBD has slowed to its lowest in years, as owners hold on to the valuable assets and banks restrict lending to the ­sector. This article originally appeared on theaustralian.com.au/property.

One of Japan’s largest property houses, Mitsubishi, has emerged alongside China’s Ping An Insurance as the parties being courted as capital partners for Lend Lease’s proposed Circular Quay Tower. This article originally appeared on theaustralian.com.au/property.

Forget London and New York. Sydney will enjoy the strongest office rental growth of any city in the world over the next three years, according to a new report.

It’s taken a multi-billion dollar development and the creation of a completely new neighbourhood in the heart of the CBD to give Sydney a dynamic, authentic, organic business precinct that rivals anything on the planet.

A string of high profile Parramatta properties have been put on the market, including a number of properties owned by the Salvation Army.

The Bank of China has stamped its authority on Sydney, buying a $130 million office building for its new headquarters, as mainland financial institutions expand their footprints down under. This article originally appeared on theaustralian.com.au.