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New South Wales

Essential services New South Wales News 

University of Sydney announces biomedical precinct

August 29, 2022September 2, 2022 Marc Pallisco

The University of Sydney will develop a $478 million healthcare building utilising $73m in private donations, including from the Susan

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Hotels New South Wales News 

End of an era with Longueville Hotel sale

August 25, 2022August 25, 2022 Marc Pallisco

The Campion family has sold Lane Cove’s landmark Longueville Hotel after 93 years. The $50 million deal, to another respected

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Hotels New South Wales News Residential 

Sirius developer snaps up Sir Stamford

August 25, 2022November 6, 2022 Marc Pallisco

JDH Capital has picked up the Sir Stamford Circular Quay as a development play. The 10 storey hotel at 93-97

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New South Wales News Office Victoria 

Green light for Chifley South tower

August 24, 2022August 25, 2022 Marc Pallisco

Charter Hall and GIC have been given the green light to develop a 38 level premium grade office over a

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Hotels New South Wales News 

Oscars list trophy in “under-pubbed” Como

August 23, 2022August 24, 2022 Marc Pallisco

Bill and Mario Gravanis are selling one of their smaller assets – the Como Hotel, in Sydney’s south, after nearly

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New South Wales News Office 

Wollongong office fetches record price again

August 20, 2022August 20, 2022 Marc Pallisco

Avari Capital has sold a Wollongong office for $65.1 million – a region record price for an asset of this

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Industrial New South Wales News 

Mainfreight pre-commits to $4b Moorebank estate

August 11, 2022August 12, 2022 Marc Pallisco

Mainfreight has pre-committed to a major warehouse at LOGOS’ Moorebank Logistics Park. The 55,800 square metre facility, earmarked for a

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New South Wales News Retail 

Anson snaps up ex-Golden Century

August 12, 2022August 12, 2022 Marc Pallisco

Developer Anson Group has paid $50 million for the Chinatown building which for three decades accommodated the Golden Century restaurant.

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Hotels New South Wales News 

Ex-Wallaby scores another Sydney pub

August 10, 2022August 10, 2022 Marc Pallisco

Ex Wallaby Bill Young has added to his hotel portfolio – which is entirely in New South Wales – picking

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Industrial New South Wales News 

Pittwater bolsters Sydney portfolio

August 9, 2022August 9, 2022 Marc Pallisco

Pittwater Industrial, the near new investment house led by ex-Urbanest directors Ted Dawkins and Dave Munro, has paid $26 million

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Hotels New South Wales News 

Blue Mountains, Queanbeyan pubs trade

August 8, 2022August 8, 2022 Marc Pallisco

Sydney publicans Ray Reilly and Adrian Guest have snapped up the Art Deco New Ivanhoe Hotel, at Blackheath, in the

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Hotels New South Wales News 

Glenquarie Tavern sold after 47 years

August 8, 2022August 8, 2022 Marc Pallisco

The leasehold to Macquarie Fields’ Glenquarie Tavern has sold for a state record $28 million. Beside the Glenquarie Town Centre

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Hotels New South Wales News 

Windsor Castle Hotel sells for record price

August 4, 2022August 5, 2022 Marc Pallisco

Harvest Hotels has paid $51 million – a record for an inland regional pub – for East Maitland’s Windsor Castle

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New South Wales News Residential 

Gurner, Qualitas apply for 61 storey skyscraper

August 3, 2022August 4, 2022 Marc Pallisco

Gurner and Qualitas have applied to develop a Build to Rent tower at Parramatta. The proposal – for a 61

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Hotels New South Wales News 

Publicans trade Southern Highlands venue

August 2, 2022August 2, 2022 Marc Pallisco

Tom Porter will retire from hospitality after selling the Moss Vale Hotel after nearly 35 years. The freehold going concern

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Industrial New South Wales News 

Castle Hill deal struck on tight yield

July 28, 2022July 28, 2022 Marc Pallisco

A dual fronted industrial investment at Castle Hill (pictured, top), north west of Sydney, has sold off market for $31.5

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Hotels New South Wales News 

Another business identity diversifies into pubs

July 26, 2022July 26, 2022 Marc Pallisco

Adam MacFarlane is the latest businessman to diversify into pubs – snapping up Darlinghurst’s Lord Roberts Hotel, for $22.5 million.

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Hotels New South Wales News 

Record set for Dubbo pub

July 22, 2022July 22, 2022 Marc Pallisco

An entity led by husband and wife Greg and Kellie Pilon has sold the modern Amaroo Hotel for $22.5 million

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Essential services New South Wales News 

Blacktown seniors living project approved

July 22, 2022July 22, 2022 Marc Pallisco

Workers Lifestyle Group, formerly the Blacktown Workers Club Group, has won approval for a seniors living project with an end

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Hotels New South Wales News 

The Mill trades for $60m

July 16, 2022July 16, 2022 Marc Pallisco

The Feros family has sold a land rich pub in the western Sydney industrial pocket of Milperra. The Mill, at

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New South Wales News Retail 

Landream divests Upper North Shore mall

July 15, 2022July 16, 2022 Marc Pallisco

Landream has sold the retail component of its five year old Beecroft Place project, north west of Sydney. The two

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Hotels New South Wales News Residential 

Lendlease snares $3b Circular Quay project

July 15, 2022July 15, 2022 Marc Pallisco

Lendlease will partner with Mitsubishi Estate to deliver the $3 billion One Circular Quay project, including Australia’s first Waldorf Astoria

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Hotels New South Wales News 

Northumberland Hotel sold

July 15, 2022July 15, 2022 Marc Pallisco

The Northumberland Hotel, in Newcastle’s west, has been sold by the Duggan family after over two decades of operation. Another

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Hotels New South Wales News 

Ex-Qantas boss divests historic Glebe pub

July 12, 2022July 12, 2022 Marc Pallisco

A syndicate comprising ex-Qantas chief executive Geoff Dixon, and DBL Pub Group’s David Birkbeck and Russ Lowe, has sold Glebe’s

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New South Wales News Office 

Oceana secures land-rich Lower North Shore office

July 11, 2022July 12, 2022 Marc Pallisco

Oceana Property Partners will undertake a major upgrade of an eight storey Lane Cove West investment for which it has

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Hotels New South Wales News 

Laundy, Flower invest again in Port Macquarie

July 10, 2022July 10, 2022 Marc Pallisco

Taphouse Group has sold the second of two Port Macquarie pubs listed in April. About six kilometres south of the

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Hotels New South Wales News 

Whelan’s Strathfield Hotel sold after 104 years

July 4, 2022July 22, 2022 Marc Pallisco

It is the end of an era in Sydney’s west, with the family that developed the Whelan’s Strathfield Hotel in

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New South Wales News Residential 

Coronation spends $315m on city fringe

June 29, 2022June 30, 2022 Marc Pallisco

Coronation Property has added another inner-city development site to its book. The five hectare former industrial investment at 57 Ashmore

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New South Wales News Office 

Reservoir on Crown collects premium for LaSalle

June 29, 2022June 29, 2022 Marc Pallisco

In a second major east coast deal this year, Shakespeare Group is understood to be paying $115 million for Surry

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New South Wales News Queensland Victoria 

SCA offloads Epping North shopping centre

June 29, 2022June 30, 2022 Marc Pallisco

Four small retail investments have sold for a total of over $90 million. In the biggest deal, SCA Property Group

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Hotels New South Wales News 

Investors outlay $75m on regional hotels

June 28, 2022June 28, 2022 Marc Pallisco

Two regional hotels – a watering hole and accommodation complex – have traded for over $75 million. In the biggest

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Hotels New South Wales News 

Paul Fischmann sells another Surry Hills hotel

June 22, 2022June 22, 2022 Marc Pallisco

Paul Fischmann has sold Sydney’s first cross laminated timber hotel – Clancy. The recently completed, six storey pre-fab building at

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New South Wales News Office 

GPT swoops on North Sydney offices

June 20, 2022June 22, 2022 Marc Pallisco

The GPT Wholesale Office Fund (GWOF) is speculated to be outlaying c$185 million for neighbouring North Sydney offices, with development

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Hotels New South Wales News 

Black Fox, Ged Dore take over Ballina pub

June 8, 2022June 9, 2022 Marc Pallisco

Black Fox Property has snapped up the historic Australian Hotel, a block from the beach, at Ballina. The freehold going

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Hotels New South Wales News 

Jon Adgemis secures Bondi trophy

June 8, 2022June 8, 2022 Marc Pallisco

Jon Adgemis is paying $68 million for Bondi Beach’s landmark Noah’s Backpackers. The row of three buildings covering 2-12 Campbell

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New South Wales News Retail 

Greenland banks $30m from strata Sydney mall

June 7, 2022June 7, 2022 Marc Pallisco

Greenland has sold its strata-titled Lachlan’s Square Village at Macquarie Park. The $30 million deal with Parramatta based Revelop reflects a

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Industrial New South Wales News South Australia Victoria Western Australia 

Centuria boosts industrial pipeline

June 2, 2022June 3, 2022 Marc Pallisco

Centuria, on behalf of the Industrial REIT (CIP), has bought and sold an east coast warehouse, and boosted its industrial

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Hotels New South Wales News 

Event sells Rydges North Sydney

May 31, 2022June 1, 2022 Marc Pallisco

Event Hospitality & Entertainment has offloaded the Rydges North Sydney as part of a $250 million asset disposal program announced

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Essential services New South Wales News Retail 

Centuria snares hospital site, mall

May 31, 2022May 31, 2022 Marc Pallisco

Centuria has snapped up two assets on behalf of institutional partnerships. In west Newcastle, the manager is paying Woolworths’ construction

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New South Wales News Retail 

Hills council outlays $105m for shopping centre

May 29, 2022May 30, 2022 Marc Pallisco

In a tactical play, the Hills Shire has purchased north west Sydney’s Castle Mall for $105 million. The buyer owns

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Industrial New South Wales News 

Church makes tactical $55m Central Coast warehouse play

May 25, 2022May 25, 2022 Marc Pallisco

The Seventh-Day Adventist Church has outlaid $55 million for a 6.5 hectare Central Coast industrial asset behind the manufacturing plant

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New South Wales News Office 

Gurner rents Sydney office from Roxy Jacenko

May 25, 2022May 27, 2022 Marc Pallisco

Following the purchase of sites at Alexandria and Parramatta, Tim Gurner (pictured, top) will open a Sydney base for his

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Hotels New South Wales News 

Merivale spends c$200m on adjoining Sydney buildings

May 23, 2022May 25, 2022 Marc Pallisco

Justin Hemmes’ Merivale is picking up four adjoining historic Sydney CBD buildings from Kirk Tsihlis’ TrueGreen Group, which spent two

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New South Wales News Retail 

Natgen seeds fund with Inverell mall

May 20, 2022May 20, 2022 Marc Pallisco

Brisbane based fund manager National & General Group, or Natgen, will seed its first interstate trust with a regional New

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Industrial New South Wales News Retail 

Goodman secures another Alexandria site

May 18, 2022May 18, 2022 Marc Pallisco

Goodman Group has purchased another Alexandria bulky goods complex from Greg Karedis and Peter Cortis-Jones’ Arkadia. The 3.438 hectare Alexandria

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Hotels New South Wales News 

Ex-rugby player shares in $10m pub spoil

May 17, 2022May 17, 2022 Marc Pallisco

Co-host of SEN Sydney’s Drive show, former rugby player, Bryan Fletcher, is part of a syndicate banking c$10 million from

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Hotels New South Wales News 

Feros swoops on Wagga Wagga pub

May 18, 2022May 18, 2022 Marc Pallisco

The Feros Group is outlaying close to $10 million for the Red Steer Hotel Motel, five kilometres north of Wagga

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Hotels New South Wales News 

Redcape divests Cremorne hotel for $39m

May 12, 2022May 13, 2022 Marc Pallisco

MA Financial backed Redcape has sold Cremorne’s Minskys Hotel after two decades. The freehold going concern for the asset, which

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New South Wales News Retail 

Woolworths lists NSW South Coast asset

May 16, 2022May 16, 2022 Marc Pallisco

Woolworths has listed another near-new mall it anchors, this time on the NSW South Coast. The Bomaderry Shopping Centre, on

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Hotels New South Wales News 

Sydney hotel sells for record $530m

May 11, 2022May 12, 2022 Marc Pallisco

The recently refurbished Hilton Sydney has sold for c$530 million, a record price for an Australian hotel. Baring Private Equity

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New South Wales News Residential 

Ausgrid reaps $180m from inner south Sydney block

May 11, 2022May 14, 2022 Marc Pallisco

Ausgrid has sold a 2.86 hectare Zetland site to Deicorp which is planning a mixed use but predominantly residential development.

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Industrial New South Wales News 

Charter Hall expands Minto holding again

May 12, 2022May 12, 2022 Marc Pallisco

Charter Hall, on behalf of the Prime Industrial Fund, has quietly purchased another holding on Minto’s Airds Road. The 1.34

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Industrial New South Wales News 

Kumho doubles down in Sydney

May 16, 2022May 16, 2022 Marc Pallisco

Kumho Tyres will more than double the size of its Sydney distribution centre and storage facility, with the pre-commitment of

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Hotels New South Wales News 

Cashed up exec snares historic Tarana Hotel

May 10, 2022May 15, 2022 Marc Pallisco

Businessman Byram Johnston and his wife, Deborah, are paying a speculated $5 million for the freehold going concern of the

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New South Wales News Office 

AU divest another Parramatta office

May 4, 2022May 5, 2022 Marc Pallisco

Australian Unity has sold a Parramatta office for $87.25 million – a 4.5 per cent premium on its December, 2021,

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Hotels New South Wales News 

Newcastle hotel trades for record price

May 2, 2022July 15, 2022 Marc Pallisco

Glenn Piper, with a small syndicate of investors, has snapped up the Art Deco Merewether Beach Hotel for a speculated

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Hotels New South Wales News 

Pendle Hill pub sells for the first time

May 1, 2022May 2, 2022 Marc Pallisco

The Pendle Inn Hotel, in Sydney’s west, has changed hands for the first time since it was developed in the

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Essential services New South Wales News Queensland Western Australia 

Centuria spends $115m for healthcare fund

April 27, 2022April 29, 2022 Marc Pallisco

Centuria has purchased four more investments for its Healthcare Property Fund (CHPF). In the priciest deal, the manager has outlaid

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Hotels New South Wales News 

New outfit pays $45.2m for Earlwood pub

April 27, 2022May 1, 2022 Marc Pallisco

A new hospitality outfit backed by the publican Docker, Savas and Wiggins families, has snapped up the recently refurbished Earlwood

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Industrial New South Wales News Queensland 

Hines enters Australian industrial sector with $211.5m portfolio

April 20, 2022April 23, 2022 Marc Pallisco

Hines has entered the Australian industrial sector snaring four east coast investments, some with development upside, from fund manager Pipeclay

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Industrial New South Wales News 

Coombes acquires maiden industrial asset

April 19, 2022April 19, 2022 Marc Pallisco

After investing in cinemas, offices, shops, residential and land, Coombes Property Group has acquired its first industrial asset, opposite Sydney

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New South Wales News Office 

Government sells historic NSW Trustees & Guardian building for major project

April 15, 2022April 15, 2022 Marc Pallisco

The state government has sold Sydney’s NSW Trustees & Guardian building to the Lendlease managed Australian Prime Property Fund Commercial,

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Hotels New South Wales News 

Harvest pays record price for Wagga Wagga pub

April 14, 2022April 14, 2022 Marc Pallisco

Harvest Hotels has acquired central Wagga Wagga’s Victoria Hotel for $29 million – a region record price for an asset

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Hotels New South Wales News 

Oscars pick up Caves Beach hotel, cabins

April 14, 2022July 15, 2022 Marc Pallisco

Bill and Mario Gravanis’ Oscars Hotels has swooped on the modern Caves Beach Hotel in a speculated $35 million deal

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Industrial New South Wales News 

BlackRock, NashCap JV outlay $120m for Sydney industrial park

April 11, 2022April 11, 2022 Marc Pallisco

Urban Logistics Co, a joint venture between BlackRock Real Estate Assets and NashCap, has paid $120 million for the Kirby

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New South Wales News Retail 

Panthera doubles money on Maitland mall

April 11, 2022April 12, 2022 Marc Pallisco

Panthera Property Group has sold Maitland’s Riverside Plaza for $46 million. The off-market deal reflects a major windfall for the

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Hotels New South Wales News 

Ex-lord mayor pays record $160m for Sydney pub

April 10, 2022April 14, 2022 Marc Pallisco

Former Sydney lord mayor Nelson Meers is paying close to $160 million – a national pub record price – for

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Hotels New South Wales News 

Don Hodge Group spends $33m on another Newcastle hotel

April 11, 2022July 15, 2022 Marc Pallisco

The Don Hodge Group has snapped up Mount Hutton’s Lake Macquarie Tavern, south west of Newcastle, for $33 million. The

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New South Wales News South Australia 

Parkstone swoops on two more Woolworths backed malls

April 7, 2022April 7, 2022 Marc Pallisco

Adelaide fund manager Parkstone has spent over $40 million for two more Woolworths backed retail investments. In its home town,

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New South Wales News Retail 

Timperley family bids Byron Bay corner farewell after 90 years

April 4, 2022April 5, 2022 Marc Pallisco

A prominent retail asset in the heart of Byron Bay, held by the Timperley family for some nine decades, has

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Industrial New South Wales News 

DHL snaps up Western Sydney Aerotropolis site

March 31, 2022April 12, 2022 Marc Pallisco

DHL is paying fund manager Roberts Jones over $140 million for a 24 hectare industrial development site abutting the Western

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Industrial New South Wales News 

Prestons warehouse trades at record low 3.35pc yield

March 31, 2022March 31, 2022 Marc Pallisco

A warehouse under construction at Prestons has sold to Pittwater Industrial for $58.255 million reflecting a record low yield for

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New South Wales News Residential 

Landmark Bronte block collects $44m from developer

March 30, 2022March 30, 2022 Marc Pallisco

Fortis intends to build 10 standalone homes on the site of an older style apartment block, at Bronte, which it

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Land New South Wales News 

Sekisui House spends $104m on north west Sydney residential site

April 1, 2022April 1, 2022 Marc Pallisco

Sekisui House is paying $104 million for a master-planned housing estate site (image, top) at Norwest, at the Baulkham Hills

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Hotels New South Wales News Victoria Western Australia 

Tasman Holiday Parks swoops on four more assets

March 24, 2022March 24, 2022 Marc Pallisco

Tasman Holiday Parks is on track to double in size by the end of next year, acquiring four more assets

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New South Wales News Retail 

Pottsville mall collects $10.2m

March 24, 2022March 24, 2022 Marc Pallisco

The Pottsville Central Shopping Centre, on the Tweed Coast, is trading for $10.2 million between private investors. Containing 908 square

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Hotels New South Wales News 

Gundagai hotel trades for $6m

March 24, 2022March 24, 2022 Marc Pallisco

The newly formed Lancer Group has paid $6 million for Gundagai’s Criterion Hotel. Directed by Tim Fallon, who owns Mosman’s

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Hotels New South Wales News 

New Albury Hotel sells at 4.1pc yield

March 23, 2022March 23, 2022 Marc Pallisco

The heritage listed New Albury Hotel, occupied by Australian Venue Co, sold following a heated auction for $13.2 million. Built

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Hotels New South Wales News 

Port Macquarie’s Mercure Centro sold to Laundy Hotels

March 22, 2022March 22, 2022 Marc Pallisco

The Laundy Hotel Group has acquired the 4.5-star Mercure Centro Hotel. The freehold going concern for the five storey, 72-room

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Hotels New South Wales News 

Jon Adgemis picks up Camperdown’s Lady Hampshire

March 22, 2022March 22, 2022 Marc Pallisco

Ahead of a float, Jon Adgemis’ Public Hospitality Group has paid c$11 million for Camperdown’s Lady Hampshire Hotel. With a

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