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New South Wales

New South Wales News Office 

Mitsubishi Estate buys into 39 level Sydney office

November 3, 2021November 3, 2021 Marc Pallisco

Oxford Properties and Investa have teamed with Mitsubishi Estate Co to deliver an office above Sydney’s Pitt Street metro, speculated

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New South Wales News Residential 

WINIM acquires ex-Comfort Inn for luxury apartments

November 2, 2021November 2, 2021 Marc Pallisco

WINIM Funds Management has purchased Lane Cove’s ex-Comfort Inn North Shore with plans for a luxury six storey apartment complex

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Hotels Land New South Wales News Queensland Residential Victoria 

Ingenia goes on $552m spending spree

November 1, 2021November 1, 2021 Marc Pallisco

Ingenia Communities Group (INA) will launch an equity raising to fund a $552 million spending spree. In the biggest deal

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Hotels New South Wales News 

Jim Knox buys every pub in Moree

November 1, 2021November 1, 2021 Marc Pallisco

Jim Knox has acquired Amaroo Tavern – the only Moree hotel he didn’t own. The freehold going concern is speculated

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Hotels New South Wales News 

Sofitel Wentworth collects $315m for Frasers

October 29, 2021October 29, 2021 Marc Pallisco

Frasers has sold the Sofitel Sydney Wentworth after seven years. The deal, with New York based KKR in a partnership

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Hotels New South Wales News 

Laundy family snap up Woy Woy pub

October 29, 2021October 29, 2021 Marc Pallisco

Laundy Hotels is paying $38 million for Woy Woy’s Bay View. The deal – believed to be a record price

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New South Wales News Office Queensland 

Dexus banking c$1.7b from offices

October 27, 2021October 30, 2021 Marc Pallisco

Dexus is selling six office investments for a speculated total of close to $1.7 billion. Four of the assets –

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Hotels New South Wales News 

Jim Knox buys Moree pub portfolio

October 28, 2021October 28, 2021 Marc Pallisco

Jim Knox has acquired a trio of Moree pubs. The portfolio, speculated to be worth c$12 million, includes the Post

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Industrial New South Wales News 

Charter Hall invests again in Minto

October 27, 2021October 27, 2021 Marc Pallisco

Charter Hall has picked up another industrial investment at Sydney’s outer south west Minto. The 7.69 hectare site, 137-149 Airds

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New South Wales News Retail 

Martin Place scene of 2014 siege for lease

October 26, 2021October 26, 2021 Marc Pallisco

After close to 17 years, Lindt will quit its flagship Martin Place store. The 264 square metre space on the

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New South Wales News Retail 

Church swoops on Leichhardt’s historic Albert Palais

October 26, 2021October 26, 2021 Marc Pallisco

Glorious Gospel Church Life is paying $11 million for Leichhardt’s historic Albert Palais. The not for profit will additionally spend

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New South Wales News Office 

ATMC sells Sydney campus with a leaseback

October 26, 2021October 26, 2021 Marc Pallisco

The Australian Technical and Management College has sold its USC campus, in Sydney, for $24.5 million. Offered with a three

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Hotels New South Wales News 

New outfit snaps up Newcastle pub

October 25, 2021October 25, 2021 Marc Pallisco

Reklaw Hotels, in its maiden deal, has paid $16 million for the Duke of Wellington, near Newcastle. The price reflects

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Industrial New South Wales News 

Lower North Shore swim school, service centre collects $20.6m

October 24, 2021October 24, 2021 Marc Pallisco

A Lane Cove West investment with long term development upside has sold for $20.56 million. The price for 4 Sirius

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Hotels New South Wales News 

Andrew Forrest buys Gaia from Olivia Newton-John

October 22, 2021October 22, 2021 Marc Pallisco

Andrew and Nicola Forrest’s Tattarang has purchased the Gaia Retreat & Spa at Brooklet, about 15 kilometres south west of

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New South Wales News Retail 

JY buys Roselands shopping centre stake

October 21, 2021October 21, 2021 Marc Pallisco

JY Group has paid $167 million for a half-stake in Sydney’s Roselands Shopping Centre. Challenger’s CIP Asset Management was the

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New South Wales News Queensland Retail 

Cbus, UniSuper strike Australia’s biggest retail deal

October 20, 2021October 20, 2021 Marc Pallisco

Cbus Property and UniSuper have partnered with AMP Capital to acquire stakes in two major shopping centres for a total

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New South Wales News Retail 

Woolworths sells Wollongong mall on tight yield

October 19, 2021October 19, 2021 Marc Pallisco

Woolworths’ construction arm Fabcot has offloaded a modern shopping centre with residential development upside at Bulli, 12 kilometres north of

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New South Wales News Queensland Retail Victoria 

SCA embarks on $108m spending spree

October 19, 2021October 19, 2021 Marc Pallisco

SCA Property Group is spending $108.1 million on four shopping centres. In the biggest deal, the group is paying $54.5m

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Industrial New South Wales News 

Equinix, PGIM form $770m data centre partnership

October 19, 2021October 19, 2021 Marc Pallisco

Equinix will develop two xScale data centres at Rosehill after striking a $770 million partnership with PGIM Real Estate –

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A.C.T. Industrial New South Wales News Office Queensland Victoria 

Ascot offloads industrial, office portfolio

October 18, 2021October 24, 2021 Marc Pallisco

Ascot Capital has sold an $800 million-plus commercial property portfolio. The bulk, 23 logistics investments and an office – all

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Hotels New South Wales News 

Event, Laundy trade Bass Hill hotel

October 18, 2021October 18, 2021 Marc Pallisco

Laundy Hotels is paying a speculated $28 million for Rydges Bankstown at Bass Hill, south west of Sydney. On a

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Industrial New South Wales News 

LOGOS, AustralianSuper snare Qantas portfolio

October 15, 2021October 15, 2021 Marc Pallisco

LOGOS, backed by the Abu Dhabi Investment Authority – a partnership known as the LOGOS Australia Logistics Venture (LALV) –

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New South Wales News Queensland Victoria 

HealthCo spends $200m on essential services assets

October 14, 2021October 16, 2021 Marc Pallisco

HealthCo’s Health and Wellness REIT (HCW) has announced a series of acquisitions increasing its portfolio value 20 per cent to

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New South Wales News Retail 

Primewest snaps up Potts Point retail investment

October 13, 2021January 4, 2022 Marc Pallisco

Primewest has purchased the sixth asset for its Daily Needs Retail fund (DNR) – at Potts Point, in Sydney’s inner

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Industrial New South Wales News 

Dexus purchases Moorebank land for logistics park

October 13, 2021October 19, 2021 Marc Pallisco

Dexus and its managed Industria REIT (Industria) – formerly the APN Industria REIT – have picked up a Moorebank industrial

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Hotels New South Wales News 

Jon Adgemis snares Annandale pub

October 12, 2021October 12, 2021 Marc Pallisco

Jon Adgemis has acquired the freehold going concern of Annandale’s Empire Hotel. It is the second pub the businessman has

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Hotels New South Wales News 

Harvest adds Woy Woy Hotel to portfolio

October 11, 2021October 11, 2021 Marc Pallisco

Harvest Hotels has picked up the Central Coast’s Woy Woy Hotel following an off-market deal. The unlisted fund manager is

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Hotels New South Wales News 

Vineyard Hotel sells for c$70m

October 8, 2021February 17, 2026 Marc Pallisco

The Vineyard Hotel, in Sydney’s outer north west, has sold for c$70 million. On 7.69 hectares at 725 Windsor Road,

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New South Wales News Residential 

Government earns $36m from Longs Lane terraces

October 9, 2021October 11, 2021 Marc Pallisco

After two years, the state government has sold The Rocks’ historic Longs Lane precinct. The leasehold deal for 17 residences

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New South Wales News Office Retail 

Billionaire family sell Gosford holding

October 9, 2021October 9, 2021 Marc Pallisco

The Karedis family has sold a Gosford holding permit-ready for a mixed-use complex with two residential buildings, the tallest rising

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Hotels New South Wales News Queensland 

Charter Hall picks up Imperial Hotel

October 8, 2021October 9, 2021 Marc Pallisco

Charter Hall has spent $6.618 million for the Imperial Hotel at Beenleigh, about 35 kilometres south east of Brisbane. The

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New South Wales News Retail 

GPT divests Wollongong Central after 25 years

October 6, 2021October 28, 2021 Marc Pallisco

Haben intends to seed a fund with a Wollongong shopping centre and office it is picking up for $402 million.

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New South Wales News Retail 

Blackstone sells Warrawong shopping centre

October 6, 2021October 6, 2021 Marc Pallisco

Blackstone has sold Wollongong’s Warrawong Plaza a year after a deal to Panthera Property Group fell through. It has taken

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New South Wales News Retail 

Sydney bulky goods centre fetches $28m from EG

October 5, 2021October 6, 2021 Marc Pallisco

EG has purchased the priciest property yet for its Private Wealth division – which was launched last September. The fully

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New South Wales News Queensland Victoria 

MPG picks up Ballina, Bendigo offices

October 5, 2021October 5, 2021 Marc Pallisco

MPG Funds Management has announced it acquired four regional investments for $53.25 million on a blended 6.25 per cent yield.

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Hotels New South Wales News 

Oscars buy into Tamworth pub portfolio

October 1, 2021October 3, 2021 Marc Pallisco

Bill and Mario Gravanis’ Oscars Hotel Group has purchased a half stake in The Pub Group Tamworth portfolio. The balance

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Essential services New South Wales News 

Childcare centre sells at sub three per cent yield

October 1, 2021October 1, 2021 Marc Pallisco

A Central Coast childcare centre has traded for $7.5 million setting a state record low 2.99 per cent yield for

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New South Wales News Retail 

Link in play for three Sydney shopping centres

September 29, 2021September 30, 2021 Marc Pallisco

Link REIT – Asia’s biggest real estate trust – is in due diligence for a half stake of three Sydney

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New South Wales News Residential 

Scape, UTS trade accommodation portfolio

September 29, 2021September 30, 2021 Marc Pallisco

Scape is paying the University of Technology Sydney a speculated $95 million for three student housing assets with a total

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New South Wales News Retail 

Bunnings sells unbuilt South Kempsey store

September 28, 2021September 29, 2021 Marc Pallisco

Bunnings has sold its unbuilt South Kempsey store to a Lowe Group managed syndicate on a funds through basis. The

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Industrial New South Wales News 

Trilogy buys Hexham warehouse

September 28, 2021September 29, 2021 Marc Pallisco

Trilogy Funds Management has picked up a contemporary office/warehouse at Hexham, north west of Newcastle. The 2.98 hectare property, 16

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Essential services New South Wales News Retail South Australia Victoria 

Investors spend $30.35m on leaseback assets

September 29, 2021September 29, 2021 Marc Pallisco

Six commercial assets offered with leasebacks sold at a portfolio auction event yesterday. The priciest, a Sunbury Ford dealership, collected

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New South Wales News Queensland Retail 

APN outlays $24.4m on convenience retail

September 28, 2021September 29, 2021 Marc Pallisco

APN Funds Management is outlaying $24.4m on two convenience retail investments. At Riverview, in suburban Brisbane, and Dubbo – 400km

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New South Wales News Retail 

Rozelle medical centre set for upsize

September 29, 2021September 29, 2021 Marc Pallisco

A double storey medical centre and two smaller shops covering a prominent 600 square metre corner, at Rozelle, have sold

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New South Wales News Residential Retail 

Developer snaps up Double Bay Plaza

September 27, 2021September 27, 2021 Marc Pallisco

Top Spring Australia has outlaid $94 million for the prominent Double Bay Plaza. The 1334 square metre site, 19-27 Cross

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Industrial New South Wales News Queensland Victoria Western Australia 

Industrial assets collect $351m from Centuria

September 23, 2021September 24, 2021 Marc Pallisco

Centuria has snapped up eight fully leased warehouses, boosting the value of its Industrial REIT (CIP) by 10 per cent.

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Industrial New South Wales News Victoria Western Australia 

Dexus, APN spend $1.5b on airport, warehouses, land

September 23, 2021October 24, 2021 Marc Pallisco

Dexus, in partnership with APN Industria REIT (ADI) – which it now manages – has spent nearly $1.5 billion on

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Hotels New South Wales News 

Lake Illawarra Hotel trades locally

September 23, 2021September 23, 2021 Marc Pallisco

The Hampton family has sold Windang’s Lake Illawarra Hotel after 36 years. At 198 Windang Road, the former Tooth’s brewery

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Industrial New South Wales News 

EG picks up Newcastle industrial estate

September 24, 2021September 24, 2021 Marc Pallisco

EG, for its Private Wealth division, has spent $7.82 million on a Newcastle industrial investment with development upside. On a

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Essential services New South Wales News Queensland Victoria Western Australia 

Centuria spends $167m on healthcare assets

September 21, 2021September 27, 2021 Marc Pallisco

Centuria has purchased seven fully leased essential services investments for its Healthcare Property Fund (CHPF). The acquisitions double the number

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Industrial New South Wales News Queensland South Australia Victoria 

Lendlease, Morgan Stanley seed fund with $430m portfolio

September 20, 2021September 20, 2021 Marc Pallisco

Lendlease and Morgan Stanley Real Estate Investing have acquired five warehouses and three blocks of industrial land which, when developed,

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Industrial New South Wales News Queensland 

Charter Hall spends $66.9m on warehouses

September 20, 2021October 26, 2021 Marc Pallisco

Charter Hall has added two east coast industrial investments to the Long WALE REIT (CLW). In the biggest deal, the

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New South Wales News Retail 

Developer swoops on Verona Cinema

September 20, 2021September 20, 2021 Marc Pallisco

The Verona Cinema, in Paddington, is speculated to be selling for $35 million – some 15 per cent over expectation.

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Industrial New South Wales News 

Goodman spends $140m at Clyde

September 19, 2021September 20, 2021 Marc Pallisco

Toplace, directed by local developer Jean Nassif, has sold a Clyde industrial holding to the Goodman Australia Industrial Partnership for

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Land New South Wales News 

Clarence snaps up northern NSW sites

September 16, 2021September 16, 2021 Marc Pallisco

Clarence Property has snapped up two low density residential sites between Byron Bay and the Gold Coast. At Bilambil Heights,

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Essential services New South Wales News 

Hunters Hill childcare centre sells in a day

September 16, 2021September 16, 2021 Marc Pallisco

A Hunters Hill childcare has sold for a speculated $11 million the day after the agency sent the listing to

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Industrial New South Wales News 

Goodman buys piece of ex-Orica chemical plant

September 15, 2021September 15, 2021 Marc Pallisco

Orica has sold Goodman Group a 3.995 hectare slice of a former chlor-alkali plant, at Banksmeadow. The deal for Lot

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New South Wales News Queensland Victoria 

HomeCo goes on $222m shopping spree

September 13, 2021September 14, 2021 Marc Pallisco

Home Consortium (HomeCo) has added six retail investments to its Daily Needs Trust (HDN), which floated last November. Two of

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Essential services New South Wales News 

Living Choice purchases Dural land

September 14, 2021September 14, 2021 Marc Pallisco

Living Choice has picked up a Dural site permit-ready for a 66-bed aged care facility and 91 independent living apartments.

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New South Wales News Residential 

Marrickville building sold for apartments

September 13, 2021September 13, 2021 Marc Pallisco

A Canberra developer is paying $9.35 million for a three level Marrickville building permit-ready for a residential conversion. The sale

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New South Wales News Retail 

Norton Central trades again

September 14, 2021September 14, 2021 Marc Pallisco

Norton Central, in Leichhardt, has sold for the second time in two years. The c2005 double storey building at 70

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New South Wales News Office 

Parramatta council snaps up $64m office

September 10, 2021September 17, 2021 Marc Pallisco

The City of Parramatta is paying $64 million for an office abutting its Wentworth Street Car Park. The commercial investment,

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New South Wales News Retail 

Eastwood retail investment collects $18m

September 12, 2021September 12, 2021 Marc Pallisco

A retail investment in central Eastwood has sold for $18 million. The 1216 square metre complex, 2 Progress Avenue, is

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New South Wales News Office 

Sony relocates North Sydney HQ

September 10, 2021September 10, 2021 Marc Pallisco

Sony Australia will relocate its electronics division’s headquarters within North Sydney. The technology giant has leased 1700 square metres –

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Essential services New South Wales News 

Government offers ex-Manly Hospital

September 10, 2021September 10, 2021 Marc Pallisco

The state government is seeking a private sector partner to redevelop the ex-Manly Hospital, which closed in 2018. The 4.66

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Hotels New South Wales News 

Historic Balmain hotel sold

September 9, 2021September 9, 2021 Marc Pallisco

Peninsula Hospitality Group has snapped up one of Balmain’s oldest licensed pubs – the Dry Dock Hotel. At 22 Cameron

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Industrial New South Wales News 

Society of Model Engineers sells Luddenham home

September 9, 2021September 9, 2021 Marc Pallisco

The Sydney Society of Model Engineers has sold a Luddenham property after five decades. Also known as The Model Park,

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New South Wales News Office 

Woolworths’ HQ sells

September 8, 2021October 4, 2021 Marc Pallisco

Singapore investment house AIMS Financial Group, which manages the AIMS APAC REIT – also known as AA REIT – is

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Industrial New South Wales News 

ESR picks up Villawood industrial site

September 7, 2021September 9, 2021 Marc Pallisco

ESR is paying $58.1 million for an industrial investment with medium-term development upside, in Villawood. The 7.45 hectare property, 9

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Industrial New South Wales News 

Charter Hall secures QLS to west Sydney industrial park

September 9, 2021September 9, 2021 Marc Pallisco

QLS Logistics has signed a 10 year lease for an industrial facility Charter Hall is constructing in Sydney’s west. The

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Essential services New South Wales News 

Dexus acquires Northern Beaches hospital

September 6, 2021September 6, 2021 Marc Pallisco

Breckenridge Funds Management has sold a Warriewood sub-acute rehabilitation clinic to Dexus, which will hold it in the Healthcare Property

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New South Wales News Office 

St Leonards office stake switches between Centuria funds

September 6, 2021September 6, 2021 Marc Pallisco

Centuria, on behalf of its Office REIT (COF), is paying $68 million for the half-share of a St Leonards office

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New South Wales News Retail 

Isaac swoops on Cranebrook block

September 6, 2021September 6, 2021 Marc Pallisco

Convenience retail developer Isaac Property has swooped on a site in Sydney’s outer west Cranebrook. The 1.49 hectare parcel, 1

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Industrial New South Wales News 

Developer snaps up Newtown Jets HQ

September 6, 2021September 6, 2021 Marc Pallisco

The Marrickville warehouse home to the Newtown Rugby League Football Club has sold for $38 million. The buyer is understood

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Essential services New South Wales News 

Regis grows aged care pipeline

September 5, 2021September 5, 2021 Marc Pallisco

Regis Healthcare has paid $14.15 million for a Belrose aged care site. The 2.145 hectare parcel, 181 Forest Way, was

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Industrial New South Wales News 

Triumph spends $5.3m for HQ

September 6, 2021September 6, 2021 Marc Pallisco

Triumph Furniture has spent $5.3 million on an East Lidcombe showroom, warehouse and office which will dub as its headquarters.

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Hotels New South Wales News 

Blacktown hotel sells for $25m

September 2, 2021September 2, 2021 Marc Pallisco

Bob McGhee has sold Blacktown’s Adam’s Tavern after three decades. The hotel and bottle shop on 1867 square metres at

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New South Wales News Residential 

UNSW sells student accommodation complex

September 3, 2021September 6, 2021 Marc Pallisco

The University of New South Wales has sold a student accommodation complex and childcare centre opposite its Kensington campus. The

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Hotels New South Wales News 

Waugh picks up Waterloo pub

September 1, 2021September 1, 2021 Marc Pallisco

Ashton Waugh has purchased Waterloo’s Grosvenor Hotel with refurbishment plans. The triple storey property on 304 square metres at 153

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