Sydney Commercial Property News

Sydney commercial property news, commercial real estate market data, business news and insights.

Surry Hills overhaul reaps rewards for investors
The Practec Group of Companies has capitalised on the overhaul of the inner Sydney suburb of Surry Hills to sell an Ann St complex for about $28 million.
Sydney farewells the last of its video stores
If video killed the radio star, then Netflix is the assassin of the video store.
Asian investors set to snare half of Northpoint Tower
A private Asian investment house is in advanced talks to buy a half-stake in the $600 million Northpoint Tower in North Sydney from Cromwell Property Group’s South African backer, Redefine Properties.
Winner named for $955m Sydney Central Station upgrade
Engineering firm Laing O’Rourke has won the $955 million contract to renew Australia’s busiest commuter hub — Sydney’s Central Station. 
Rare chance to buy into Manly’s Corso
A rare freehold property on Manly’s Corso has come to market for the first time in half a century and there is huge potential for redevelopment as the rear of the property opens to a bustling square.
Costco to open huge $77m facility in Sydney’s west
US retail giant Costco has thrown down the gauntlet to its competitors in bulk purchasing by setting up a new distribution facility in Sydney’s western suburbs that could handle online orders in future.
Calls for major Green Square transport upgrade
Lord Mayor Clover Moore has urged the State Government to meet the infrastructure needs in the Green Square precinct after concerns were raised it was inadequate to cope with increased residential development.
Parramatta apartments, retail to be built above McDonald’s
Australia’s largest residential developer Stockland is pushing ahead with an apartment project that will see up to 350 units created above a McDonald’s in western Sydney’s Parramatta.
Sydney CBD in hotel investors’ crosshairs
Investors continue to flock to Sydney’s hotel market.
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