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New South Wales

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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Hotels New South Wales News 

Laundy family spends $13m on Lake Macquarie hotel

March 18, 2022March 21, 2022 Marc Pallisco

Danielle Richardson, the daughter of publican Arthur Laundy, with her husband, Shane, have bought the Orana Hotel at Blacksmiths, 25

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Hotels New South Wales News 

Justin Hemmes swoops on fourth Narooma pub

March 18, 2022March 18, 2022 Marc Pallisco

One of Narooma’s most historic buildings, the Lynch’s Hotel, is selling to Justin Hemmes’ Merivale for about $6 million. The

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Land New South Wales News 

Multipart acquires Hunter Valley site for first low density housing project

March 16, 2022March 16, 2022 Marc Pallisco

Multipart Property has acquired a Hunter Valley site with plans for its first house and land project. The 57 hectare

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Industrial New South Wales News 

Bob Ell banks major capital gain at Milperra

March 14, 2022March 15, 2022 Marc Pallisco

Bob Ell’s Leda Holdings has banked a substantial capital gain from an older-style Milperra industrial investment held for four years.

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New South Wales News Office 

Elanor to seed fund with $185m Pyrmont office

March 10, 2022March 10, 2022 Marc Pallisco

Elanor Investors Group (ENN) is spending $185 million on a modern Pyrmont office for a single asset fund. The deal

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New South Wales News Office 

AMP, Dexus secure another Quay Quarter tenant

March 10, 2022March 10, 2022 Marc Pallisco

AMP and Dexus have secured another tenant for the Premium grade Quay Quarter Tower – bringing occupancy to 89 per

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Industrial New South Wales News 

Lineage acquires west Sydney site for $250m cold storage warehouse

March 9, 2022March 10, 2022 Marc Pallisco

Lineage Logistics has acquired a seven hectare site within Mirvac’s Aspect Industrial Estate, at Kemps Creek. The Michigan based distribution

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Hotels New South Wales News 

Receiver offloads two Pub Invest assets

March 7, 2022March 11, 2022 Marc Pallisco

Two hotels, part of the Pub Invest portfolio which is being liquidated, have sold. In the biggest deal, businessman and

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New South Wales News Residential 

Go ahead for $440m St Leonards project The Newlands

March 8, 2022March 8, 2022 Marc Pallisco

Top Spring Australia has won approval to replace a 1.26 hectare St Leonards site with a master-planned community, The Newlands.

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Hotels New South Wales News 

Laundy consortium pays record for Wagga Wagga pub

March 6, 2022February 28, 2023 Marc Pallisco

A consortium of publicans led by Lee Green, including Arthur and Stu Laundy, Sam Cruikshank and Sean O’Hara, has paid

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New South Wales News Residential 

Fortis spends $82m on Double Bay sites

March 7, 2022March 7, 2022 Marc Pallisco

Fortis has acquired its sixth Double Bay development site. Actually four holdings covering 2-10 Bay Street and 294-298 New South

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Industrial New South Wales News 

Yoghurt factory collects $8.2m from pharmaceutical group

March 3, 2022March 3, 2022 Marc Pallisco

A pharmaceutical group has paid $8.2 million for a Smithfield industrial property with plans to occupy. The 4546 square metre

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New South Wales News Retail 

Tea shop sells for record $132,500 per sqm

February 28, 2022February 28, 2022 Marc Pallisco

A Circular Quay shop the size of a one bedroom apartment has sold for $5.7 million – setting a national

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New South Wales News Residential 

Stockland to redevelop WSU Penrith campus

February 21, 2022February 21, 2022 Marc Pallisco

Stockland will team with Western Sydney University to replace the latter’s Penrith campus with a master-planned, mixed-use precinct. As part

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New South Wales News Retail 

Charter Hall snares South Coast Bunnings

February 21, 2022February 21, 2022 Marc Pallisco

Charter Hall has picked up its 66th Bunnings, at South Nowra. The year old outlet on 2.935 hectares at 145-159

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New South Wales News Residential 

Sammut snaps up another Cronulla apartment site

February 21, 2022February 21, 2022 Marc Pallisco

Sammut Group has snapped up an older-style, three storey apartment block opposite Cronulla Beach with plans to replace it with

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New South Wales News Retail 

Site beside Westfield entrance collects $11m

February 18, 2022February 18, 2022 Marc Pallisco

A Hurstville commercial building developed in the 1960s – some decade before the enormous Westfield complex went up next door

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New South Wales News Retail 

Mirvac divests historic Tramsheds

February 16, 2022February 17, 2022 Marc Pallisco

Mirvac has sold Revelop the Tramsheds complex at Forest Lodge. The price – about $52 million – is some 53

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Essential services New South Wales News 

NorthWest invests in Campbelltown, Kellyville

February 16, 2022February 17, 2022 Marc Pallisco

NorthWest Healthcare Group, through its New Zealand listed Vital Healthcare Property Trust, will team with the Campbelltown City Council to

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New South Wales News Retail 

Bunnings converted Tesla dealership fetches $30m from Charter Hall

February 16, 2022February 17, 2022 Marc Pallisco

Charter Hall has purchased a renovated Telsa backed dealership in Sydney’s Miranda. On 4530 square metres, the two level building

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New South Wales News Office Victoria 

Link makes $1.13b office play

February 10, 2022February 10, 2022 Marc Pallisco

Oxford Properties Group has sold a 49.9 per cent stake in its $2.3 billion Investa Gateway Office venture to Link

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New South Wales News Office 

PBA divests another North Sydney office

February 10, 2022February 10, 2022 Marc Pallisco

Syndicator Property Bank Australia and lender Security Capital Corporation have sold a North Sydney office after 10 years and a

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Industrial New South Wales News Victoria 

LOGOS boosts east coast development pipeline

February 9, 2022February 9, 2022 Marc Pallisco

LOGOS, in a partnership created last year with KKR and Mubadala Investments, has snapped up two east coast development sites

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New South Wales News 

Wingate invests $52m on car park

February 9, 2022February 9, 2022 Marc Pallisco

Melbourne based fund manager Wingate is paying Mirvac $52 million for the leasehold of an eight storey car park forming

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Industrial New South Wales News 

Aliro snares neighbouring Chipping Norton sites

February 2, 2022February 2, 2022 Marc Pallisco

Aliro has quietly snapped up two neighbouring Chipping Norton industrial investments for their development upside. The 4.91 hectare holding incorporating

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New South Wales News Office 

Allianz, NPSK spend $630m on Darling Harbour office

February 1, 2022February 1, 2022 Marc Pallisco

Allianz Real Estate Investors and the National Pension Service of Korea have purchased a half stake in the campus style

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Hotels New South Wales News 

Sydney restaurateur snaps up Budgewoi hotel

January 5, 2022January 5, 2022 Marc Pallisco

Sydney hospitality veteran Bill Drakopoulos has picked up Budgewoi’s Coast Hotel, which will be managed with his sons Daniel and

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New South Wales News Office Retail 

CapitaLand acquires stake in Greenwood Plaza, 101 Miller Street

January 3, 2022January 5, 2022 Marc Pallisco

Singapore listed CapitaLand Integrated Commercial Trust (CICT) has purchased a 50 per cent interest in North Sydney’s Greenwood Plaza and

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New South Wales News Office 

Mintus buys Parramatta office, development site

January 3, 2022January 5, 2022 Marc Pallisco

Mintus has paid $154 million for an A-grade Parramatta office and neighbouring development site permit-ready for another. The off-market deal

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New South Wales News Queensland Retail South Australia 

Investors buy Adelaide, Brisbane, Sydney malls

December 21, 2021January 4, 2022 Marc Pallisco

Three metropolitan malls have sold in deals totaling $344.5 million. In Brisbane, YFG Shopping Centres is paying Blackstone subsidiary 151

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New South Wales News Queensland Retail 

AMP snares balance of Macquarie Centre, Pacific Fair

December 20, 2021December 20, 2021 Marc Pallisco

AMP has taken full control of the Gold Coast’s Pacific Fair and Macquarie Centre in Sydney after striking a $760

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Industrial New South Wales News Retail 

Former Toll exec banks $128.5m from industrial investments

December 21, 2021December 21, 2021 Marc Pallisco

Lyall McLachlan, who in 1985 teamed with Paul Little and Peter and Mark Rowsthorn to acquire Toll Holdings, has sold

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Hotels New South Wales News 

Cornell, Gyngell sell iconic Brunswick Heads pub

December 16, 2021December 17, 2021 Marc Pallisco

Delvene Cornell, the widow of actor and businessman, John ‘Strop’, and former Channel Nine boss David Gyngell, have sold the

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New South Wales News Office 

WOTSO acquires Cremorne site

December 17, 2021December 17, 2021 Marc Pallisco

Co-working office provider WOTSO has paid $9.2 million for a former 2nds World outlet on Sydney’s lower north shore. The

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Hotels New South Wales News 

Pub entrant pays $20m for historic Newcastle venue

December 16, 2021December 17, 2021 Marc Pallisco

Partners Group Australia, a pub sector entrant led by Sydney based private equity banker Martin Scott, is paying c$20 million

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New South Wales News Office 

Abacus, Blackstone trade Sydney office

December 16, 2021December 16, 2021 Marc Pallisco

Abacus has exchanged contracts to purchase 77 Castlereagh Street from Blackstone. The 11 level office on airspace over the Westfield

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Hotels New South Wales News 

Ex-Wallabies player offloads Albury’s Northside Hotel

December 9, 2021December 9, 2021 Marc Pallisco

Harvest Hotels has snapped up another regional New South Wales asset, this time at Albury’s Lavington. The Northside Hotel at

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Hotels New South Wales News 

Apartment developer snares Surry Hills motel

December 10, 2021December 10, 2021 Marc Pallisco

Surry Hills’ budget City Crown Hotel has sold to developer George Karageorge, director of Stasia, who is planning a residential

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New South Wales News Office 

UBS pre-commits to Charter Hall’s Chifley South

December 8, 2021August 24, 2022 Marc Pallisco

Charter Hall has secured Swiss financial services giant UBS to the Chifley South tower, earmarked for podium airspace at the

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Industrial New South Wales News 

Tradezone leases Goodman distribution centre

December 8, 2021December 8, 2021 Marc Pallisco

Online electrical wholesaler Tradezone has leased part of Goodman’s Huntingwood East Distribution Centre as its maiden Sydney location. The agreement

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New South Wales News Office 

Defence department to relocate Sydney HQ

December 8, 2021December 8, 2021 Marc Pallisco

The Department of Defence has signed a major Sydney CBD office rental agreement. The federal government arm has committed to

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New South Wales News Office 

Australian Unity offloads Parramatta office for premium

December 6, 2021December 8, 2021 Marc Pallisco

Australian Unity is banking $66 million – a five per cent premium to the June, 2021 book value – for

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New South Wales News Office 

Stadia buys Harry Seidler designed North Sydney office

December 6, 2021December 7, 2021 Marc Pallisco

Stadia Capital is paying over $80 million for North Sydney’s seven level Simsmetal House. The heritage protected Harry Seidler designed

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New South Wales News Office 

AMP secures ATO to George Street

December 3, 2021December 4, 2021 Marc Pallisco

The Australian Taxation Office has signed a 10 year lease for a third of 255 George Street, which is undergoing

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New South Wales News Office 

Surry Hills office sells for auction record price

December 3, 2021December 3, 2021 Marc Pallisco

A warehouse converted Surry Hills office has traded for $24 million – a suburb record for a commercial property auction.

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New South Wales News Office 

Blackstone snaps up Grosvenor Place half stake

December 2, 2021December 6, 2021 Marc Pallisco

Blackstone has snapped up a half stake in Sydney’s Harry Seidler designed Grosvenor Place. The deal – worth $925 million

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New South Wales News Queensland Retail South Australia Victoria 

SCA, GIC form $750m retail fund

December 2, 2021December 2, 2021 Marc Pallisco

SCA Property Group (SCP) has established a convenience retail joint venture with GIC. The unlisted vehicle, SCA Metro Convenience Shopping

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Land New South Wales News 

Mirvac picks up outer Sydney housing site

December 1, 2021April 12, 2022 Marc Pallisco

Having recently completed the Crest community at Gledswood Hills, Mirvac has snapped up a low density housing estate site at

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New South Wales News Office 

Keppel purchases North Sydney office

December 1, 2021December 3, 2021 Marc Pallisco

Third.i.Group and Phoenix Property Investors have sold an unbuilt North Sydney office to Lendlease, which has flipped it as a

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Industrial New South Wales News 

Aliro fills more of ex-Toyota sales HQ

November 29, 2021November 29, 2021 Marc Pallisco

Aliro has secured Australia Post to 12,750 square metres of Toyota’s former Woolooware Bay sales and marketing office, and warehouse,

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Hotels New South Wales News 

Lifestyle sells Nambucca tourist park, over 55s community

November 29, 2021November 29, 2021 Marc Pallisco

Lifestyle Villages has sold the Nambucca River Tourist Park and adjoining Nambucca Heads Village, at North Macksville, for over $15

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Essential services New South Wales News South Australia Victoria 

Centuria boosts healthcare fund value 20pc with four acquisitions

November 26, 2021November 26, 2021 Marc Pallisco

Centuria has picked up four more assets for its Healthcare Property Fund (CHPF). In Melbourne’s Mount Waverley, the manager is

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Hotels New South Wales News 

String of regional NSW hotels sell

November 25, 2021November 26, 2021 Marc Pallisco

Fraser Short is paying a speculated $14 million for Jugiong’s Sir George Hotel. The venue, which contains 11 luxury accommodation

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Essential services New South Wales News Queensland 

East coast childcare centres collect c$50m

November 25, 2021November 25, 2021 Marc Pallisco

Four childcare centres offered as part of a bulk auction event sold today for a total of nearly $41 million.

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New South Wales News Office Queensland 

Shayher buying offices in Brisbane, Sydney

November 24, 2021June 5, 2022 Marc Pallisco

Taiwan backed Shayher Group is outlaying over $600 million on east coast office investments. In the biggest deal, the group

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Hotels New South Wales News 

Publicans pick up historic Camden hotel

November 24, 2021November 25, 2021 Marc Pallisco

Publicans Ben Lawler and Ryan Haynes are paying c$19.5 million for Camden’s c1841 Royal Hotel. The deal reflects a major

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Hotels New South Wales News 

Manly’s Q Station sold to local publican

November 23, 2021November 24, 2021 Marc Pallisco

The leasehold to Manly’s Q Station has sold for a speculated $15 million. The buyer, Glenn Piper, operates the Harbord

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Hotels New South Wales News 

Laundy family buys back into Wollongong

November 22, 2021November 24, 2021 Marc Pallisco

The Cabbage Tree Hotel, north of Wollongong, has traded to a partnership comprising its operators, Brad and Corrina Young, Nick

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Hotels New South Wales News 

Green light for City Tatts Club redevelopment

November 22, 2021November 22, 2021 Marc Pallisco

ICD Property and Singapore listed First Sponsor have won permission to extend Sydney’s City Tattersalls Club with a 50 level

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New South Wales News Residential 

Approval for Byron Bay’s first housing estate in 30 years

November 19, 2021November 20, 2021 Marc Pallisco

Byron Bay’s first major housing estate in over 30 years has been approved. Harvest, on a 61 hectare block at

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New South Wales News Retail 

Merivale to upscale SCG, SFS catering

November 19, 2021November 20, 2021 Marc Pallisco

Venues NSW has awarded Justin Hemmes’ Merivale a catering contract for the Sydney Football Stadium, which is due to open

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Hotels New South Wales News Retail 

Vietnamese developer snaps up Haymarket hostel site

November 19, 2021November 21, 2021 Marc Pallisco

Vietnam backed Arthur Winston Investments has paid over $25 million for neighbouring Haymarket properties – one which is permit-ready for

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New South Wales News Office Residential 

University of Sydney offloads office, apartments

November 17, 2021November 19, 2021 Marc Pallisco

The University of Sydney has sold two more properties – part of a 12-asset portfolio in the Arundel Accommodation Triangle

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New South Wales News Retail 

Dexus acquires bigger Warringah Mall stake

November 17, 2021November 18, 2021 Marc Pallisco

Dexus managed Wholesale Property Fund (DWPF) has purchased an additional 25 per cent of Brookvale’s Westfield Warringah Mall. The deal

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New South Wales News Office 

A2B, Addenbrooke sign Alexandria land swap, office deal

November 17, 2021November 17, 2021 Marc Pallisco

A2B Australia, responsible for brands including 13Cabs and Cabcharge, will hand over its Alexandria base to Addenbrooke which will build

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Hotels New South Wales News 

Vietnamese syndicate snaps up Blue Mountains resort

November 18, 2021November 21, 2021 Marc Pallisco

Blue Mountains retreat Eagle View Escape has sold for a speculated $6.9 million to Vietnam-backed syndicate AALM Partners. The 47.7

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Hotels New South Wales News 

Laundy consortium banks record price for Hotel Canobolas

November 16, 2021November 16, 2021 Marc Pallisco

Arthur Laundy, Mark Dalton and Philip Tudor have sold Orange’s Hotel Canobolas. The publicans are banking over $24 million. They

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New South Wales News Office 

Avari buys majority stake in AWA building

November 16, 2021November 16, 2021 Marc Pallisco

Avari Capital is paying $38.8 million for the majority interest in Sydney’s Amalgamated Wireless Australasia (AWA) building. Developed in 1939

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Industrial New South Wales News 

Pittwater purchases Milperra industrial investment

November 15, 2021November 16, 2021 Marc Pallisco

Pittwater Industrial has paid $34.2 million for a Milperra warehouse investment. The deal for 373 Horsley Road is a major

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New South Wales News Residential 

Gurner, Qualitas snap up Parramatta apartment site

November 14, 2021November 14, 2021 Marc Pallisco

Melbourne based Gurner and Qualitas have teamed to acquire another development site, this time at Parramatta. The 2050 square metre

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New South Wales News Retail 

Investor amalgamates at Hornsby

November 11, 2021November 12, 2021 Marc Pallisco

An investor has paid $13.31 million for a mixed-use Hornsby asset adjoining other property he holds. The sale price for Piazza

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Hotels New South Wales News 

Parras acquires East Ballina’s Shaws Bay Hotel, Fenwick House

November 10, 2021November 11, 2021 Marc Pallisco

Siblings Debbie, Neville and Vicky Hayter have sold East Ballina’s Shaws Bay Hotel and neighbouring Fenwick House after three decades.

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A.C.T. New South Wales News Retail 

Investors spend big on bottle shops

November 9, 2021November 10, 2021 Marc Pallisco

Investors spent nearly $28 million on bottle shop investments at a bulk auction event today. In the priciest deal, a

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Hotels New South Wales News 

Sam Arnout offloads two regional NSW pubs

November 10, 2021November 10, 2021 Marc Pallisco

Sam Arnout’s Iris Capital has sold two regional New South Wales pubs. Near Cessnock, the Kearsley Hotel freehold is trading

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New South Wales News Residential 

Claudia Karvan, Jeremy Sparks re-offer Redfern warehouse

November 8, 2021November 8, 2021 Marc Pallisco

Claudia Karvan and her partner, Jeremy Sparks, have listed their former Redfern family home after a sale three years ago

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Industrial New South Wales News Queensland Victoria 

Centuria picks up four investments with development upside

November 8, 2021November 8, 2021 Marc Pallisco

Centuria, for its Industrial REIT (CIP), has spent $129.4 million on four east coast investments with development upside. In the

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New South Wales News Retail 

Link acquires three Sydney shopping centres

November 8, 2021February 10, 2022 Marc Pallisco

Link REIT has snapped up three Sydney assets – two years after choosing the city for its first property investment

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Industrial New South Wales News Office Residential Victoria 

Dexus seeds DREP1 with assets in Melbourne, Sydney

November 2, 2021August 15, 2024 Marc Pallisco

Dexus has made the first investments for its Real Estate Partnership (DREP1), an opportunity fund launched last August. In Melbourne’s

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