NSW Commercial Property News

Western Sydney fruit and vegetable shop the Llandilo Fruit Market remains on the market following pre-Christmas renovations, priced at $3.15 million.

Hotelier Jerry Schwartz is among a swag of businessmen including real estate agents and publicans offering free accommodation to bushfire victims but he says the local Cessnock Council would not approve 32 cabins he is offering for immediate occupation.

Billionaire apartment developer Harry Triguboff will add a further five properties to his hotel pipeline, concentrating on new projects in Melbourne and Canberra as well as his traditional markets of Sydney and the Gold Coast.

Property developers Mirvac and John Holland have won the rights to their first major over-station development and will construct five buildings in Sydney’s inner suburbs worth about $800 million.

Sydney’s in-demand pub market has ended the year with yet another flurry of deals, with the Redcape Hotel Group offloading both the Royal Hotel in Granville and the Kingshead Tavern in Hurstville. Private buyers paid …

Investors are quietly buying key commercial sites in a northern beaches suburb looking forward to growth once the suburb’s centre is rezoned.

The $26 billion Australian real estate giant Goodman Group is believed to be vying for Sydney’s Moorebank Logistics Park, on offer by the listed Qube Holdings.

Student accommodation in Australia is set for a new era, with the acquisitive Scape operation locking in its position as the dominant player with the $2 billion-plus purchase of the Urbanest portfolio that spans major capitals.

The heat in Australia’s office market has been put on display, with one of Asia’s largest real estate investment trusts heading the field to acquire an office building beside Westfield Sydney for close to $700 million.