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New South Wales

New South Wales News Office 

Cyber security giant snares Lower North Shore office

September 14, 2023September 18, 2023 Marc Pallisco

Fortinet has snapped up an A-grade McMahon’s Point office to occupy, from local investment house, Kingsmede. The three storey warehouse

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New South Wales News Residential 

Australia’s first Japanese themed estate shelved, site sold

September 6, 2023September 6, 2023 Marc Pallisco

The Waterloo site earmarked for Australia’s first Japanese themed residential community – with an end value of c$520 million –

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New South Wales News Retail 

City investors trade regional NSW mall

September 2, 2023September 2, 2023 Marc Pallisco

The Parkes Arbour Shopping Centre – listed in February 60 per cent vacant – has sold for $8.9 million. The

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Hotels New South Wales News 

Well Smart buys permit-ready Sydney site

August 31, 2023August 31, 2023 Marc Pallisco

Well Smart is speculated to be buying a Sydney site permit ready for a hotel – outlaying c$110 million. Backed

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New South Wales News Retail 

Australia’s first KFC for sale

August 24, 2023August 27, 2023 Marc Pallisco

The west Sydney site which housed Australia’s first KFC in 1968 is for sale. Now a convenience retail investment, 272-274

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New South Wales News Office 

Forza snares Sydney office on high yield

August 24, 2023August 25, 2023 Marc Pallisco

Forza Capital is buying an almost fully-let A-grade Sydney office from Investa Property Group. The $138.14 million deal for 117

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New South Wales News Residential 

Ian Thorpe lists swank Sydney home

August 23, 2023August 24, 2023 Marc Pallisco

Five time Olympic gold medallist Ian Thorpe is selling the oversized townhouse he bought to move to after living in

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Industrial New South Wales News 

Centennial completes $163m Sydney spending spree

August 23, 2023August 23, 2023 Marc Pallisco

Centennial has bought two Sydney investments for its four month old Industrial and Logistics Enhanced Value Partnership (CILEVP), co-controlled with

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Hotels New South Wales News 

Virtical snares hotel in ‘the Mayfair of Sydney’

August 22, 2023August 22, 2023 Marc Pallisco

Diversified developer and investor, Virtical, has bought its second east coast hospitality asset this year. Led by Mark Toma, the

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New South Wales News Office 

Dexus, Lendlease dodge vacancy hole at premium office

August 17, 2023August 17, 2023 Marc Pallisco

King & Wood Mallesons has renewed its lease for 10,500 square metres – or about 12.5 per cent – of

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Essential services New South Wales News Queensland 

Barwon spends $124m on healthcare assets

August 11, 2023August 11, 2023 Marc Pallisco

Barwon Investment Partners has added three east coast assets to its Institutional Healthcare Property Fund (BIHPF), which now pips $1.4

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New South Wales News Residential 

Deicorp spends $260m on infill Sydney site

August 10, 2023August 11, 2023 Marc Pallisco

Deicorp, which turns 25 next year, has snared another inner-Sydney site for a nine figure sum. The local group is

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New South Wales News Retail 

Coles anchored mall selling to Woolworths

August 10, 2023August 11, 2023 Marc Pallisco

Woolworths is speculated to be buying another mall anchored to rival Coles – this time at The Entrance, on the

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New South Wales News Queensland Retail South Australia Spotlight Victoria Western Australia 

National CBD retail vacancy rate rises

August 10, 2023August 10, 2023 CBRE

While Australia’s CBD retail vacancy rate rose in the first half of the year current enquiry levels suggest the market

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Essential services New South Wales News Retail 

Sydney developers flip new Wollongong fast food restaurants

August 2, 2023August 2, 2023 Marc Pallisco

Sydney based Isaac Property Developments, led by brothers Ben and John Isaac, sold new Wollongong fast food investments yesterday as

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New South Wales News Residential 

Alan Joyce sells unlived in Mosman mansion

July 29, 2023July 29, 2023 Marc Pallisco

Outgoing Qantas chief executive officer Alan Joyce and his husband, Shane Lloyd, have sold the Mosman mansion they bought last

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New South Wales News Office 

Charter Hall sells higher ed investment after two years

July 28, 2023July 28, 2023 Marc Pallisco

Charter Hall has sold a University of New South Wales backed office after two years to meet delayed investor redemption

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Industrial New South Wales News Victoria 

Pension funds trade $560m industrial portfolio

July 26, 2023July 26, 2023 Marc Pallisco

The National Pension Fund of Korea (NPF) has sold a half stake in a 10 year old industrial fund to

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New South Wales News Office Residential 

Gurner snares Sydney CBD project

July 13, 2023July 18, 2023 Marc Pallisco

Tim Gurner will replace the 1960s ADC House with a build to rent project (artist’s impression, right) containing two 34

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Industrial New South Wales News 

Wentworth, University of Sydney strike life sciences campus deal

July 12, 2023July 13, 2023 Marc Pallisco

Wentworth Capital has struck a 99 year lease for the University of Sydney’s Medical Foundation building, which will be rebuilt

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New South Wales News Retail 

Tamim divests foundation asset

July 11, 2023July 11, 2023 Marc Pallisco

Tamim Asset Management has sold the Newcastle shopping centre which was its foundation asset in 2017. The Bondi Junction based

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New South Wales News Queensland Retail Victoria 

Ampol, Mirvac strike EV charging station deal

July 4, 2023July 5, 2023 Marc Pallisco

Ampol has advanced plans to create 300 AmpCharge electric vehicle charging stations across 100 sites after striking a deal with

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Industrial New South Wales News 

Land banker multiplies outlay seven times in as many years

July 4, 2023July 4, 2023 Marc Pallisco

A land banker who paid $1.5 million in 2016 for a Badgerys Creek farm has sold it for $10.23m now

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Industrial New South Wales News 

Energy giant buys cattle station for renewable project

July 3, 2023July 4, 2023 Marc Pallisco

London based hedge fund manager Michael Hintze has sold Armidale’s Warrane cattle, lamb and merino wool farm to Origin Energy

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New South Wales News Retail 

Lune leases another Sydney store

June 30, 2023June 30, 2023 Marc Pallisco

Croissanterie Lune, established 11 years ago in Elwood but which has experienced viral-like growth since also opening in 2015 at

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New South Wales News Residential 

St Basil’s sells 50 year old retirement home

June 30, 2023June 30, 2023 Marc Pallisco

The NSW/ACT arm of St Basil’s has sold the former Sister Dorothea Village aged care home, in Annandale, which closed

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New South Wales News Residential 

Coronation doubles down at Ashbury

June 29, 2023June 30, 2023 Marc Pallisco

Joe Nahas’ Coronation Property has scooped up a 1.645 hectare permit-ready residential development site neighbouring its Ashbury Terraces project (artist’s

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Hotels New South Wales News 

Elanor swoops on another NSW resort

June 29, 2023June 29, 2023 Marc Pallisco

Elanor Investors Group has added a Blue Mountains guesthouse and function centre to its two year old Hotel Accommodation Fund

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New South Wales News Retail 

Coles sells permit-ready mall, apartment project

June 28, 2023June 28, 2023 Marc Pallisco

Coles Group Property Development has sold a Caringbah apartment and retail site – part of which its sister supermarket arm has

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Industrial New South Wales News 

ESR joins multi-level warehouse race

June 21, 2023June 21, 2023 Marc Pallisco

ESR Australia has secured a large Banksmeadow industrial site with a five year leaseback – and plans to replace it

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A.C.T. New South Wales News Retail 

Mirvac, Peet part with Queanbeyan retail site

June 20, 2023June 24, 2023 Marc Pallisco

The Stevens Group has bought a development site in a $1.7 billion housing estate being delivered by Mirvac and Peet

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Hotels New South Wales News 

Erskineville’s Imperial Hotel sold

June 12, 2023June 13, 2023 Marc Pallisco

Erskineville’s Imperial Hotel – for over four decades one of Sydney’s most popular LGBTQIA+ pubs, also featuring in 1994 film

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New South Wales News Residential 

Mulpha secures green loans for Norwest apartments

June 9, 2023June 9, 2023 Marc Pallisco

Mulpha Australia has secured $80 million green loans from each of the ANZ Bank and Clean Energy Finance Corporation, to

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Industrial New South Wales News 

Kemps Creek industrial park first to receive top green rating

June 8, 2023June 14, 2023 Marc Pallisco

A $1 billion industrial estate in Sydney’s west has become the country’s first to be awarded the highest rating from

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Industrial New South Wales News 

Cabot swoops on multi-level warehouse

June 8, 2023September 12, 2024 Marc Pallisco

Boston based investment manager and developer Cabot Properties is purchasing one of Australia’s first multi-level warehouses, under construction in Sydney’s

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Industrial New South Wales News 

Aliro, ISPT fill another west Sydney warehouse

June 6, 2023June 6, 2023 Marc Pallisco

Aliro and ISPT have secured Harris Farm Markets to the Elevation at Greystanes industrial estate, at Prospect, west of Sydney.

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New South Wales News Residential 

Alan Joyce doubles down in luxury Sydney skyscraper

June 5, 2023June 9, 2023 Marc Pallisco

Outgoing Qantas chief executive officer Alan Joyce and his husband, Shane Lloyd, have snapped up a half floor apartment neighbouring

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New South Wales News Residential 

Justin Hemmes doubles down at Belongil Beach

June 1, 2023June 1, 2023 Marc Pallisco

Justin Hemmes has doubled down in Belongil Beach’s Childe Street – snapping up a second home in four months, this

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New South Wales News Retail 

Piano retailer buys Clyde showroom

May 27, 2023May 27, 2023 Marc Pallisco

A piano retailer has paid a speculated $4.85 million for the former Wallaby Motorhomes dealership at Clyde, about 20 kilometres

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Hotels New South Wales News 

Nick Quinn snares the Bull ‘n’ Bush

May 24, 2023May 25, 2023 Marc Pallisco

Nick Quinn, on behalf of a syndicate, has secured another regional New South Wales pub – this time at Medowie,

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Hotels New South Wales News 

Salter Brothers pick up another boutique hotel portfolio

May 18, 2023May 18, 2023 Marc Pallisco

Salter Brothers has purchased five boutique hotels in the Blue Mountains and Hunter Valley from operator the Escarpment Group. On

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Industrial New South Wales News 

Data centre operator spends $150m for Sydney site

May 18, 2023May 18, 2023 Marc Pallisco

Development giant Robert Jones has sold down another piece of a 344 hectare Badgerys Creek site it bought from the

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Hotels New South Wales News Retail 

Publican beats developers for Engadine hotel, shops

May 17, 2023May 17, 2023 Marc Pallisco

A consortium comprising property investor Tony Denny, Peter Ashelford. David Stone and Gavin Duffy has sold the Engadine Tavern and

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New South Wales News Retail 

Mintus snaps up another shopping centre

May 16, 2023May 17, 2023 Marc Pallisco

Mintus has purchased Bathurst Chase from Quanta Investment Funds. The Parramatta based buyer is paying $17.5 million – reflecting a

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New South Wales News Retail 

Magid family sell Manly Wharf

May 16, 2023May 16, 2023 Marc Pallisco

Robert Magid has sold Manly Wharf for a speculated $80 million. The unique investment, which the businessman’s TMG Developments repurposed

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New South Wales News Retail 

Raptis buys Central Coast shopping centre

May 15, 2023May 15, 2023 Marc Pallisco

The Raptis Group has snapped up the Deepwater Plaza, in Woy Woy, from Dexus. The $111 million off-market deal, speculated

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New South Wales News Retail 

Coles sells north west Sydney shopping centre

May 10, 2023May 10, 2023 Marc Pallisco

Coles has sold the Schofields Village shopping centre, in Sydney’s outer north west, for $53 million. The deal for the

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Hotels New South Wales News 

Glenn Piper buys the Commodore

May 4, 2023May 4, 2023 Marc Pallisco

Glenn Piper has quietly added McMahons Point’s Commodore Hotel to his fast-growing portfolio. The real estate agent and developer turned

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New South Wales News Office 

Dexus offloads Sydney office after 36 years

May 3, 2023June 10, 2023 Marc Pallisco

Hong Kong based asset manager Pacific Alliance Group is paying $393.1 million for Sydney’s 44 Market Street. The 26 level

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Industrial New South Wales News 

Toll pre-commits to its largest Australian distribution centre

May 3, 2023May 3, 2023 Marc Pallisco

Toll Group has pre-committed to what will be its biggest Australian distribution and fulfilment centre. Covering 10.8 hectares – or

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New South Wales News Office Victoria 

Mirvac sells two major CBD offices

April 26, 2023May 1, 2023 Marc Pallisco

Mirvac has found buyers for two major commercial properties listed in October. In the biggest deal, the group, with 50:50

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New South Wales News Office 

Quintessential swoops on Sydney tower

April 25, 2023August 22, 2023 Marc Pallisco

Dexus is a step closer to selling one of two Sydney offices listed last quarter. The group is banking $293.1

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Essential services New South Wales News Office Queensland 

Centuria banks premium from Sydney, Gold Coast assets

April 24, 2023April 25, 2023 Marc Pallisco

Centuria has sold an historic inner city Sydney office and a Gold Coast childcare centre for a premium to book

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New South Wales News Queensland Victoria 

MA Financial swoops on 10 marinas

April 24, 2023April 24, 2023 Marc Pallisco

MA Financial has snapped up 10 marinas – the majority in New South Wales – for a trust it is

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Hotels New South Wales News 

Salter Brothers buy historic Southern Highlands estate

April 2, 2023April 2, 2023 Marc Pallisco

Melbourne based fund manager Salter Brothers has acquired another venue for its portfolio of luxury regional retreats. The Milton Park

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New South Wales News Residential Victoria 

Porter Davis, Lloyd Group collapse

March 31, 2023April 1, 2023 Marc Pallisco

Porter Davis, Australia’s 12th largest builder, with the bulk of its book in Victoria, collapsed today. Factors including supply chain

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New South Wales News Retail 

Cronulla Sharks buy bank to occupy

March 31, 2023March 31, 2023 Marc Pallisco

The Cronulla Sharks Rugby League Club is the latest professional football team to reweigh its property portfolio. The group has

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Essential services New South Wales News Queensland Victoria Western Australia 

HMC snares $1.2b hospital portfolio

March 29, 2023March 30, 2023 Marc Pallisco

HMC Capital has picked up a portfolio of 11 hospitals, seven which will be held by two trusts. The $1.2

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Essential services New South Wales News 

School secures north west Sydney campus

March 24, 2023March 24, 2023 Marc Pallisco

The Anglican Schools Corporation, for its vocational training arm, which it has been investing more heavily in for over a

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New South Wales News Residential 

Gretel Packer doubles down at Art Deco Potts Point building

March 23, 2023March 23, 2023 Marc Pallisco

Gretel Packer has snapped up another penthouse in Potts Point’s Art Deco Macleay Regis building. The daughter of late media

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New South Wales News Residential 

Vale “larger than life” Max Raine

March 22, 2023March 22, 2023 Marc Pallisco

An open-to-the-public memorial service to honour the life of Max Raine (pictured, top) will be held tomorrow. The chairman of

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New South Wales News Office 

Arthur Laundy pays $33m for Lower North Shore HQ

March 15, 2023March 16, 2023 Marc Pallisco

Arthur Laundy has purchased a Lane Cove office, part of which will dub as the Laundy Hotels headquarters. The four

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New South Wales News Office 

Terraform list historic Accountants House

March 17, 2023March 17, 2023 Marc Pallisco

Hong Kong based Terraform Capital has listed The Rocks’ historic Accountants House after three and a half years. The six

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New South Wales News Residential 

Jackie ‘O’ buys renovation rescue from JP Morgan Chase MD

March 14, 2023March 14, 2023 Marc Pallisco

Radio veteran Jackie ‘O’ Henderson nee Last has paid $13.25 million – $1.25m over reserve – for a renovation rescue

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Industrial New South Wales News 

End of an era as ABC sells Gore Hill studio

March 8, 2023April 2, 2024 Marc Pallisco

The ABC has sold the landmark Gore Hill studio where it began broadcasting in 1956. Goodman is the buyer, paying

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Hotels New South Wales News 

Ned Kelly doubles money at Weston

March 9, 2023March 9, 2023 Marc Pallisco

Ned Kelly and Corey Dunn have offloaded Weston’s Criterion Hotel for a major profit after 26 months. The yellow corner

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Industrial New South Wales News 

Centuria picks up another glasshouse

March 6, 2023March 7, 2023 Marc Pallisco

Centuria has acquired a hydroponic tomato growing facility in Guyra, between Armidale and Glenn Innes, in the northern Tablelands, for

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Industrial New South Wales News Western Australia 

Adbri divests two more blocks

March 2, 2023March 2, 2023 Marc Pallisco

Adbri has offloaded two more assets surplus to its needs. In the biggest deal, the group has banked $57 million

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Hotels New South Wales News 

Australia’s first Soho House set for Sydney

February 27, 2023August 28, 2023 Marc Pallisco

NB: this proposal was rejected by the City of Sydney in August, 2023. Protestors included Toga, which would lose Opera

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New South Wales News Residential 

NRL executive buys Lance Franklin’s Rose Bay apartment

February 28, 2023February 28, 2023 Marc Pallisco

Sydney Swans player Lance Franklin and his wife, model and 2010 Miss Universe runner up, Jesinta, sold their Rose Bay

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Hotels New South Wales News 

Marlow divests Orange pub for record price

February 27, 2023February 28, 2023 Marc Pallisco

Marlow Hotel Group has sold Orange’s Robin Hood Hotel for $51 million – an extraordinary 268 per cent premium on

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Industrial New South Wales News 

Hitachi leases west Sydney warehouse

February 28, 2023February 28, 2023 Marc Pallisco

Hitachi has committed to a warehouse under construction in Sydney’s north west Marsden Park. The diversified Tokyo based giant, with

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Hotels New South Wales News 

Movie producer buys Neutral Bay’s The Oaks

February 24, 2023March 25, 2023 Marc Pallisco

Two time Academy Award nominated producer Doug Mitchell in a syndicate also understood to include chef Rick Stein, is speculated

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Hotels New South Wales News 

Jerry Schwartz locks EVT to Hunter Valley resort

February 26, 2023February 26, 2023 Marc Pallisco

Jerry Schwartz has chosen EVT to run a 130 hectare accommodation venue opposite Cessnock Airport, in Lovedale. The appointment comes

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New South Wales News Retail 

Mirvac, Revelop trade another Sydney mall

February 22, 2023February 23, 2023 Marc Pallisco

Revelop has purchased its second Sydney retail investment from Mirvac in 12 months. The Parramatta based investor and developer, led

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New South Wales News Retail 

7-Eleven owners divest another freehold

February 22, 2023February 22, 2023 Marc Pallisco

The Barlow and Withers families – owners of 7-Eleven in Australia – have sold another convenience retail investment, this time

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Essential services New South Wales News Office 

AU sells office, lists hospital

February 20, 2023February 21, 2023 Marc Pallisco

Australian Unity, on behalf of the Office Fund (AOF), has sold its second Macquarie Park office in three months. The

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New South Wales News Residential 

Michelle Bridges lists Southern Highlands estate

February 19, 2023February 19, 2023 Marc Pallisco

Michelle Bridges has listed the Southern Highlands estate she outbid celebrity chef Luke Mangan to buy at auction in December,

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New South Wales News Residential 

Ita Buttrose sells Southern Highlands getaway

February 18, 2023February 19, 2023 Marc Pallisco

Veteran media personality Ita Buttrose has sold a Southern Highlands getaway after a week on the market. At 5 Oxford

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New South Wales News Residential 

Red Hot Chili Peppers’ Flea sells another Moruya region home

February 18, 2023February 18, 2023 Marc Pallisco

Red Hot Chili Peppers bassist Michael Balzary – with stage name, Flea – has sold a unique beach house at

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