Sydney Commercial Property News

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

News
Hong Kong groups lead race for Sydney’s Chifley Tower
The complex battle for control of Sydney landmark Chifley Tower is coming to a head with heavyweight Hong Kong groups dominating activity, including seeking to buy the property’s freehold that is being offered for more than $100 million.
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Sydney logistics properties run hot
Sydney’s logistics property market is running hot with buyers swooping on more than $110 million worth of assets.
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Pitt Street seventh among world’s most expensive strips
Sydney’s Pitt Street Mall is still one of the most expensive strips to lease retail space in the world, new research shows. The iconic Sydney shopping destination sits alongside – and above – some of …
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Laundy family swoops to buy Woolloomooloo’s Bells Hotel
Veteran pub family patriarch Arthur Laundy has bought The Bells Hotel in Woolloomooloo — swooping in pre-auction amid an acquisitions battle between Sydney publicans.
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Deloitte set to anchor Sydney’s Quay Quarter Tower
The multi-billion-dollar redevelopment of Sydney’s Circular Quay is ­gathering steam, with AMP ­Capital in pole position to secure ­accounting firm Deloitte as an ­anchor tenant of its proposed $3 billion Quay Quarter Tower.
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Picton Mall offered for first time with $35m hopes
A charming shopping precinct in the heart of a Sydney town has hit the market. 
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Brewtown Newtown building offers rich potential
One agent describes it as one the most striking commercial properties he’s listed in 30 years in the real estate industry.
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NSW Aboriginal Land Council reaps $40m from Parramatta sale
Two Singaporean companies, Roxy-Pacific Holdings and Tong Eng Group, have teamed up to buy the NSW Aboriginal Land Council’s building on Argyle Street, Parramatta, for $40.8 million.
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British insurer sweet on stake in North Sydney’s Coca-Cola Place
M&G Real Estate, a unit of British insurer Prudential PLC, is eyeing the purchase of a half stake in the prominent building in North Sydney known as Coca-Cola Place, which is being offloaded by South Korea’s ­National Pension Service in a deal valuing the entire tower at close to $450 million.
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