Sydney Commercial Property News

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

News
Leichhardt’s Norton Plaza joins shopping centre sales
The pile of shopping centres hitting the market is rising with the GPT Group joining Vicinity Centres and Challenger in putting an asset to market this week, with a property in Sydney’s Leichhardt on the block for about $150 million.
News
Hemmes opens up on Potts Point sale
Pub baron Justin Hemmes has opened up to the Wentworth Courier exclusively about why he sold an iconic Potts Point site, owned by his famous family for 31 years for more than $13 million.
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Billionaire teams up for Pitt Street purchase
Billionaire Brett Blundy and businessman Victor Comino are going against the trend and making a big play for a $700 million-plus retail and office property in Sydney’s Pitt Street Mall.
News
Cockle Bay skyscraper given green light
Sydney’s Darling Harbour is closer to having a new skyscraper, with a fourth $1 billion-plus tower for the Cockle Bay precinct winning the support of an independent planning panel after a redesign by partners GPT, Brookfield and AMP Capital.
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Property developer snares iconic Potts Point building
A property developer has paid a premium price for pub baron Justin Hemmes’s landmark property in Potts Point, Richardson and Wrench Elizabeth Bay agent Jason Boon has confirmed exclusively.
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24-hour Sydney trading would be a win for commercial property, say experts
Introducing 24-hour trading in Sydney’s CBD would breath new life into Sydney’s business precincts and consequently have a positive impact on commercial property values, industry insiders say.
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Record deal finally sealed for Manly’s Hotel Steyne
Manly’s Hotel Steyne has a new owner, who has reportedly paid a “record price” of between $60 and $80 million for the iconic pub.
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Camino angles for bigger slice of Pitt Street precinct
Sydney businessman Victor Comino is angling to boost his holdings on the city’s glittering Pitt Street mall strip and is in the frame to buy a half-interest in the $700 million 135 King St and Glasshouse complex in the heart of Sydney.
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Vacant Kellyville school for sale after campus closure
A vacant school in Kellyville is attracting strong interest from developers and other educational groups keen to secure the prime site.
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