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NSW Commercial Property News

New South Wales commercial property news, commercial real estate market data, business news and insights.

ESR swoops on Sydney logistics gem as M&G exits
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ESR swoops on Sydney logistics gem as M&G exits
Asian warehousing giant ESR has paid $107m for a logistics property in Sydney’s Erskine Park.
GPT selling over $140m of logistics assets to Wentworth Capital
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GPT selling over $140m of logistics assets to Wentworth Capital
The deal shows that industrial portfolio trades are still on the agenda despite quieter times in capital markets.
Justin Hemmes snaps up former Woolworths Metro in Sydney’s York St for $6.8m
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Justin Hemmes snaps up former Woolworths Metro in Sydney’s York St for $6.8m
Bar tsar Justin Hemmes looks to have marked out his next big move, after he pounced on a former Woolies Metro in a stunning Sydney CBD heritage building this morning.
Bondi Beach block sells $1m+ over reserve to long-term investor
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Bondi Beach block sells $1m+ over reserve to long-term investor
A Bondi Beach apartment block in the same family for 90 years has sold for more than $1m above the reserve price in a thrilling auction.
Cashed-up NSW families pounce on prime pubs as Redcape continues to sell
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Cashed-up NSW families pounce on prime pubs as Redcape continues to sell
Three pubs worth more than $85m have changed hands in the last week as Redcape Hotel Group continues to offload assets.
Brookfield, CPP Investments could sell George St, Pitt St office towers
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Brookfield, CPP Investments could sell George St, Pitt St office towers
The owners of two neighbouring Sydney skyscrapers are weighing up their options to potentially sell ­up the prime sites worth more than $1.1bn.
Short family exits Seabreeze Beach Hotel as amid pub sell-down
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Short family exits Seabreeze Beach Hotel as amid pub sell-down
The industry is seeing big sales after a quiet period when pokies reform was mooted and interest rates were hiked. Top pubs are now trading again.
Iris Capital cracks the Potts Point code with luxury development
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Iris Capital cracks the Potts Point code with luxury development
The developer is making the most of the site that used to be held by the famous Bourbon & Beefsteak pub, with sales strong at an up-market apartment project.
Perfect timing for $2bn CBD project
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Perfect timing for $2bn CBD project
A $2bn CBD development, estimated to be worth about three-times its present value upon completion, could hit Sydney at the perfect time.
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