Sydney

Contact

Jun 12, 2019

Zenith office towers sold for $438.2 million

Centuria Property Funds and a private fund managed by BlackRock have sold The Zenith, Chatswood to Starwood Capital and Arrow Capital Partners for $438.2 million.

May 29, 2019

Featured Listings

$120m Inner City portfolio to hit the Sydney market

Four high profile assets within Sydney’s downtown precinct of Chippendale, Darlinghurst and Ultimo are set to hit the market through Savills Australia.

May 27, 2019

Deals

Northern Sydney office building sold for $11 million

A Crows Nest commercial property has been sold to a Chinese-Australian investor for $11 million after being marketed for sale by CBRE.

May 22, 2019

Markets

Sydney’s Eastern Suburbs Buck the Trend - Savills

Suburbs such as Woollahra and Coogee in Sydney's east continue to have strong house prices, thanks to the local retail sector.

May 15, 2019

Featured Listings

Historical Haymarket landmark tipped to spark offshore interest

CBRE has been appointed to sell a family-owned landmark in Haymarket, Sydney.

May 6, 2019

Deals

Chippendale asset sold for $4.8 million at auction

Savills Australia has sold a Sydney mixed-use warehouse building to Chinese company Seatech Industrial for $4.8 million at auction.

Apr 3, 2019

Featured Listings

35 Barangaroo Avenue Sydney Bar investment for sale

35 Barangaroo Avenue is offered for sale by CBRE Hotels broker Ben McDonald, which consists of a casual ground floor bar and dining, a restaurant and rooftop bar with Harbour views, is leased in its entirety to long-term tenant, Solotel.

Apr 1, 2019

Deals

Dexus completes acquisition of MLC Centre for $800 million

Dexus and Dexus Wholesale Property Fund has announced the settlement of the acquisition of the remaining 50% of the MLC Centre, Sydney for $800 million

Apr 1, 2019

Deals

Charter Hall Retail Management acquires Sydney's Rockdale Plaza for $142 million

JLL’s Simon Rooney has negotiated the agreement for the sale of a 100% interest in Rockdale Plaza, a dominant and strong-performing convenience based major Sydney sub-regional shopping centre, for $142.0 million to Charter Hall Retail REIT (CQR).

Mar 14, 2019

Deals

Surry Hills office building sells for $39.5 million

Knight Frank’s Jonathan Vaughan and John Bowie Wilson, in conjunction with Karbon Property’s James McCourt and Joshua Watts, have negotiated the sale of 19 Foster Street in Sydney's Surry Hills to private investor Marks Henderson for $39.5 million.

News Roundup

https://www.therealestateconversation.com.au/news/2019/06/11/was-there-shift-the-brisbane-market-last-week/1560214476

Was there a shift in the Brisbane market last week?

An increase in Brisbane auction volumes across last week has been met with a reduced clearance rate across the city, suggesting vendors are confident in direction of the market.

The Real Estate Conversation

https://www.theindustrialist.com.au/news/2019/06/11/hawley-products-nails-new-spot-sydney%E2%80%99s-north-west/1560227859

Hawley Products nails new spot in Sydney’s north-west

Nail and beauty distribution giant Hawley Products has inked a five-year lease on a new industrial facility in Sydney’s north-west.

The Industrialist

https://www.thehotelconversation.com.au/news/2019/06/10/how-boutique-hoteliers-can-boost-their-cash-flow/1560165871

How boutique hoteliers can boost their cash flow

BMT Tax Depreciation have advised that boutique hotel investors may be eligible for thousands of dollars in property depreciation deductions, a non-cash deduction, meaning hoteliers don’t need to spend any money in order to claim it.

The Hotel Conversation

https://www.theaseandeveloper.com/news/2019/06/07/designs-unveiled-new-timber-office-building-melbourne-central/1559890273

Designs unveiled for new timber office building at Melbourne Central

Plans for a large-scale timber office building in Melbourne's CBD have been released to the public.

The Asean Developer

https://www.thehotelconversation.com.au/properties/2019/03/11/travelodge-adelaide-hotel-sale-karen-wales-gus-moors-colliers-international

Travelodge Adelaide hotel for sale - Karen Wales, Gus Moors, Colliers International

Mandala Group has appointed Colliers International as exclusive agents to seek offers for the pre-purchase of a new build 220-room Travelodge hotel in Adelaide, scheduled to be completed in 2021.

THE HOTEL CONVERSATION