NSW Commercial Property News

Hotel and pub barons the De Angelis family have purchased western Sydney’s Raby Tavern and Shopping Centre for over $30 million.

Burgess Rawson has celebrated one of the most successful Portfolio Auctions in the agency’s history, selling $135.28 million worth of commercial property in one day.

North Sydney is being pitched as the city’s next prime location for office tenants as the area gears up for a wave of new development, with the listed Lendlease looking to set fresh benchmarks with a planned $1 billion tower.

The Salvation Army have revealed plans to sell a community hall in Sydney’s inner west that has been under their ownership for more than a century.

It was once an infamous den of iniquity dealing in pleasure and pain, boasting a sordid dungeon and bondage equipment.

Chinese property developer Poly Global is circling a new site in the Sydney CBD with the company in pole position to buy a Goulburn Street office tower for about $260 million.

The acquisitive Charter Hall has put its belief in the suburban office markets of Sydney on display, unveiling a deal backed by Singapore’s sovereign wealth fund to buy the Jessie Street Centre in Parramatta for about $415 million.

The listed Elanor is looking to capitalise on a surge in interest in wildlife parks from local and international visitors by bundling its holdings into a $49 million fund it plans to expand.

Asian logistics property group ESR has boosted its local property pipeline to $1.8 billion with the purchase of a near-$150 million land parcel in the western Sydney suburb of Horsley Park.