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New South Wales

New South Wales News Retail 

The Brag Media chooses Marrickville for maiden Rolling Stone venue

June 10, 2021June 17, 2021 Marc Pallisco

The Brag Media has spent $7.67 million on a vacant Marrickville shop with plans to open a Rolling Stone branded

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New South Wales News Retail 

Ex-Bunnings leased for second NSW COVID vaccine hub

June 11, 2021June 14, 2021 Marc Pallisco

Wesfarmers managed BWT Trust has secured the state government to a Lake Macquarie Bunnings store which has been vacant since

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New South Wales News Office 

International college leases Lidcombe office

June 11, 2021June 11, 2021 Marc Pallisco

International business college SP Jain School of Global Management has leased a Lidcombe office for 10 years. The occupier had

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New South Wales News Retail 

SCA buys Raymond Terrace shopping centre

June 9, 2021June 16, 2021 Marc Pallisco

SCA Property Group has entered a put and call option deed for a Newcastle region shopping centre. Exercisable after July

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New South Wales News Residential 

Fortis, Dare pay $41m for Point Piper site

June 9, 2021June 27, 2021 Marc Pallisco

Fortis, in partnership with Dare Property Group, has acquired another inner-east development site – this time at Point Piper. The

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New South Wales News Office 

Australian Unity spends $55m on aerospace centre

June 7, 2021June 8, 2021 Marc Pallisco

Australian Unity is paying c$55 million for the first stage of the Williamtown Aerospace Centre. The 1.78 hectare property, developed

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New South Wales News Victoria 

Investa, Oxford launch BTR management platform

June 9, 2021December 16, 2021 Marc Pallisco

Investa in conjunction with Oxford Properties, has launched a Build to Rent management platform for its Australian portfolio – expected

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New South Wales News Retail 

IP Generation snaps up Lederer retail portfolio

June 7, 2021June 7, 2021 Marc Pallisco

IP Generation is paying businessman and Western Sydney Wanderers co-owner Paul Lederer c$300 million for six New South Wales shopping

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New South Wales News Residential 

Anthony Pratt buys North Bondi home: sources

June 4, 2021June 4, 2021 Marc Pallisco

Anthony Pratt is reported to be paying $22 million for a North Bondi home. The deal for 144 Ramsgate Avenue

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Industrial New South Wales News 

North Shore industrial asset trades for $15m

June 4, 2021June 4, 2021 Marc Pallisco

A vacant Artarmon industrial property has sold a week after hitting the market. The incoming owner, which is paying $15

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New South Wales News Residential 

Centuria completes four affordable housing complexes

June 3, 2021June 3, 2021 Marc Pallisco

Centuria Capital Group has completed four Central Coast affordable housing complexes. The developments contain a total of 190 dwellings –

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Hotels New South Wales News South Australia Victoria 

CK Ow lists $1b hotel portfolio

June 3, 2021June 3, 2021 Marc Pallisco

Singapore based Chio Kiat (CK) Ow has listed six Australian and New Zealand hotels – the bulk of his local

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New South Wales News Office Victoria 

ISPT offers $600m-plus office portfolio

June 3, 2021June 3, 2021 Marc Pallisco

ISPT has listed four east coast office investments. The priciest, 100 Pacific Highway, North Sydney, carries $400-$450 million expectations. Developed

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Industrial New South Wales News 

Charter Hall acquires WSPT Eastern Creek land

June 2, 2021June 2, 2021 Marc Pallisco

Charter Hall has secured an Eastern Creek industrial site from Western Sydney Parklands Trust. The government launched a tender to

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Hotels New South Wales News 

Hollywood Hotel trades for c$9m

June 1, 2021June 2, 2021 Marc Pallisco

Surry Hills’ Hollywood Hotel, formerly known as the Tooth’s Brewery, has sold for a speculated $9 million to Parlour Group.

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New South Wales News Retail Victoria 

bp, David Jones split

May 29, 2021May 31, 2021 Marc Pallisco

David Jones has ended its food hall partnership with bp after two years. The pair operated 35 dual branded service

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New South Wales News Retail 

Gym operator pays $11.2m for local bank

May 29, 2021May 29, 2021 Marc Pallisco

A Coogee retail investment, purpose built in 1985 for Commonwealth Bank of Australia, which still occupies, sold for $11.2 million

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New South Wales News Office 

Underutilised Auburn site trades for $13.1m

May 28, 2021June 2, 2021 Marc Pallisco

A Centrelink office on 1870 square metres, walking distance to Auburn station, has traded for $13.06 million, or a 2.69

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Land New South Wales News 

Metro spends c$275m on permit-ready sites

May 27, 2021May 28, 2021 Marc Pallisco

Metro Property is continuing to stock its residential development pipeline, spending c$275 million on two permit-ready Sydney blocks. In the

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New South Wales News Retail 

Neil Perry rents CBD food court for Hope Delivery

May 28, 2021May 28, 2021 Marc Pallisco

Revered chef Neil Perry has rented a food court space at Stockland Piccadilly, in Pitt Street, for his Hope Delivery

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Industrial New South Wales News Victoria 

Mirvac lists c$150m industrial portfolio

May 26, 2021July 5, 2021 Marc Pallisco

Mirvac has listed three east coast industrial investments – one attached to a development site. The portfolio could sell for

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Hotels New South Wales News 

Merivale drops c$13.5m for prime Byron Bay corner

May 25, 2021May 27, 2021 Marc Pallisco

Merivale Group has acquired Byron Bay’s former Cheeky Monkey’s bar and backpackers, and neighbouring Thai Sabai massage parlour, for a

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Industrial New South Wales News 

Goodman secures Australia Post to Port Air

May 24, 2021May 27, 2021 Marc Pallisco

In a major lease deal, Goodman has secured Australia Post to two warehouses at Botany’s Port Air Industrial Estate. The

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New South Wales News Office 

Double Bay office sets auction record

May 23, 2021May 27, 2021 Marc Pallisco

A Double Bay office developed by Greater Union six years ago – replacing the Vogue Theatre – has sold for

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Industrial New South Wales News 

Lendlease spends $130.1m on Best & Less warehouse

May 24, 2021May 27, 2021 Marc Pallisco

Lendlease is paying $130.1 million – a price which reflects a 3.62 per cent yield – for an Eastern Creek

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New South Wales News Office 

Ord Minnett returns to Grosvenor Place

May 26, 2021May 27, 2021 Marc Pallisco

Ord Minnett will move back to the Harry Seidler designed Sydney office it quit 16 years ago. The wealth manager

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New South Wales News Office 

Government backed Bowral investment collects $9.5m

May 24, 2021May 29, 2021 Marc Pallisco

A federal government backed office in central Bowral has sold for $9.5 million reflecting a 4.6 per cent passing yield.

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Essential services New South Wales News Queensland 

AU spends $65m on retirement homes, land

May 20, 2021May 27, 2021 Marc Pallisco

Australian Unity is paying $65 million for Greengate’s aged care and retirement living portfolio. The deal includes three modern, operational

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Hotels New South Wales News Retail 

Mercato on Byron, land trades for c$120m

May 19, 2021May 27, 2021 Marc Pallisco

Wingate and Azzura Investments have sold a Byron Bay shopping centre and neighbouring development site for a speculated c$120 million.

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Industrial New South Wales News 

ESR secures two pre-commitments at Horsley Park

May 19, 2021May 27, 2021 Marc Pallisco

ESR has started constructing its $320 million Horsley Logistics Park, in Sydney’s west, after securing two pre-commitments. In the biggest

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Hotels New South Wales News 

North Coast offloads Moonee Beach Tavern

May 20, 2021May 27, 2021 Marc Pallisco

North Coast Hotel Group is banking a speculated $22 million from Moonee Beach Tavern, about 15 kilometres north of Coffs

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Hotels New South Wales News 

Harvest buys Dubbo’s Milestone Hotel

May 20, 2021May 27, 2021 Marc Pallisco

Unlisted pub fund Harvest Hotels is spending a speculated $15 million on Dubbo’s Milestone Hotel. The purchaser already owns regional

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Hotels New South Wales News 

Merivale snaps up historic Leichhardt pub

May 18, 2021May 27, 2021 Marc Pallisco

Merivale has acquired the freehold going concern interest in Leichhardt’s historic Norton’s Irish Pub, for $24 million. It is the

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New South Wales News Retail 

Bunnings Young trades at sub-5pc yield

May 18, 2021May 27, 2021 Marc Pallisco

A near new Bunnings outlet at Young – a 375 kilometres drive south west of Sydney – has sold for

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

Charter Hall goes on $780m office spending spree

May 18, 2021May 27, 2021 Marc Pallisco

Charter Hall is paying $780 million for four offices – three leased to the government. In the biggest deal, the

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New South Wales News Office 

Sun Property banks sizeable capital gain at Crows Nest

May 19, 2021May 29, 2021 Marc Pallisco

Sun Property has sold the former Warner Music building, in Crows Nest, for $32.25 million. The boutique apartment builder paid

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New South Wales News Office 

Government commits to balance of Macquarie Park office

May 18, 2021May 29, 2021 Marc Pallisco

In another major suburban Sydney office lease deal – Charter Hall has secured the state government to 8600 square metres

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Essential services New South Wales News Queensland Retail 

HomeCo sells retail, buys social infrastructure investments

May 17, 2021May 29, 2021 Marc Pallisco

Home Consortium (HMC; HomeCo) has spent $133.2 million on three more social infrastructure assets to seed its HealthCo REIT. The

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New South Wales News 

Tubbo Station for sale

May 19, 2021May 19, 2021 Marc Pallisco

Tubbo Station, in the New South Wales Riverina region, is for sale with a $40 million-plus guide. The 14,876 hectare

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New South Wales News Office 

Centuria secures tech group to South Eveleigh

May 16, 2021May 29, 2021 Marc Pallisco

Centuria has secured SpeeDx to 3000 square metres at South Eveleigh’s Eight Central Avenue. The lease deal is one of

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New South Wales News Office 

Harry Seidler’s first commercial project sold for $23.3m

May 14, 2021May 29, 2021 Marc Pallisco

A Hong Kong family has purchased one of Sydney’s most important offices. The buyer is paying Dynasty Aust Group $23.3m

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Industrial New South Wales News 

Marque offloads near-new Matraville business park

May 15, 2021May 29, 2021 Marc Pallisco

Marque Property has sold a small, near-new industrial park, near Botany Bay. The uber contemporary estate, The Avenue, at 38

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Industrial New South Wales News 

BlueScope warehouse collects $10.4m

May 12, 2021June 15, 2021 Marc Pallisco

A Smithfield warehouse set to be vacated by BlueScope Steel has sold for $10.4 million – nearly 20 per cent

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New South Wales News Office 

Savills purchases $151.5m Mascot office

May 12, 2021June 15, 2021 Marc Pallisco

Savills Investment Management has acquired a second investment in as many months – this time, an office abutting Sydney’s Kingsford

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Hotels New South Wales News 

Fridcorp, Piety pick up Double Bay’s ex-Ritz-Carlton

May 10, 2021June 15, 2021 Marc Pallisco

Fridcorp and Piety Group have quietly acquired one of Australia’s highest profile hotels – on 3670 square metres in one

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New South Wales News 

Centuria extends Woolworths’ lease at landmark distribution centre

May 10, 2021May 15, 2021 Marc Pallisco

Centuria Industrial REIT (CIP) has secured Woolworths to a Central Coast logistics centre for five more years. The occupier’s lease

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New South Wales News 

Colonial offloads Newtown Hotel

May 10, 2021May 11, 2021 Marc Pallisco

Colonial Leisure Group has sold the Newtown Hotel leasehold – marking its exit from the New South Wales pub market.

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New South Wales News 

Jon Adgemis spends c$17m on Darlinghurst pub

May 7, 2021May 7, 2021 Marc Pallisco

Jon Adgemis’ JAGA Group is paying Oscars Hotels, led by brothers Bill and Mario Gravanis, a speculated $17 million for

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New South Wales News 

The Ponds housing site collects $26m

May 3, 2021May 6, 2021 Marc Pallisco

A 2.5 hectare low density housing site in Sydney’s west has sold for $26.035m. The irregular shaped parcel at 54

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New South Wales News Queensland South Australia Tasmania Victoria Western Australia 

Charter Hall buys $269.4m logistics portfolio off-market

May 3, 2021May 3, 2021 Marc Pallisco

Charter Hall, for its Prime Industrial Fund (CPIF), has purchased 25 cold store and food distribution centres in an off-market

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New South Wales News Queensland South Australia 

Abacus spends $147.7m on shopping centre, self storage

May 3, 2021July 6, 2021 Marc Pallisco

Abacus Property Group is paying a KKR affiliate $103.5 million – book value – for the balance 60 per cent

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New South Wales News 

Hampton banks $14.5m from essential services investment

April 28, 2021April 28, 2021 Marc Pallisco

Hampton Property Group – which develops east coast medical centres – has sold one of its newest projects for $14.5

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New South Wales News 

Jerry Schwartz pockets $150m from Sydney hotel

April 29, 2021April 29, 2021 Marc Pallisco

KSL Capital is paying $150 million for Chippendale’s Four Points by Sheraton. The three year old hotel with 297 suites

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New South Wales News Victoria 

LOGOS completes $330m estate with H&M warehouse

April 29, 2021April 29, 2021 Marc Pallisco

Two years after breaking ground, LOGOS has completed its seventh and final building at the Marsden Park Logistics Estate. The

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New South Wales News 

New convenience investment fetches $8.05m

April 28, 2021April 28, 2021 Marc Pallisco

A new convenience investment at Bomaderry, near Nowra, has traded for $8.05 million – a price which reflects a 4.66

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New South Wales News Queensland Victoria 

HDN outlays $322m for eight retail investments

April 19, 2021April 20, 2021 Marc Pallisco

Home Co Daily Needs REIT (HDN) is acquiring eight retail investments for $322 million. Seven of them are coming from

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New South Wales News Queensland South Australia Victoria Western Australia 

ESR spends $3.8b on Australian logistics portfolio

April 18, 2021October 25, 2021 Marc Pallisco

ESR Australia is paying $3.8 billion – the highest price outlaid in one line for a collection of Australian property

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New South Wales News 

AMP sells another Macquarie Park office

April 16, 2021April 16, 2021 Marc Pallisco

TPG founders David and Vicky Teoh are speculated to be paying $106.5 million for a five level office and industrial

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New South Wales News 

Newmark spends $75m on sixth Bunnings

April 16, 2021November 9, 2023 Marc Pallisco

Newmark has spent $75 million on its sixth Bunnings for its Hardware Trust. The Eastgardens complex, south of Sydney, was

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New South Wales News 

Centuria invests another $27m at Arndell Park

April 12, 2021April 12, 2021 Marc Pallisco

Centuria Industrial REIT (CIP) has spent $27 million on another Arndell Park distribution centre. The 9400 square metre facility at

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New South Wales News 

Microsoft buys another data centre site

April 12, 2021April 12, 2021 Marc Pallisco

Microsoft has purchased another Sydney site for a data centre. The off-market deal for 57 Station Road, Seven Hills, is

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New South Wales News 

Canberra syndicate spends $75m on NSW pubs

April 9, 2021April 13, 2021 Marc Pallisco

A new Canberra based syndicate – Investment Management Group Hotels – has acquired five Central West NSW pubs for a

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New South Wales News 

Techtronic Industries commits to landmark Sydney shed

April 7, 2021April 28, 2021 Marc Pallisco

Techtronic Industries (TTI) has pre-committed to a 73,920 square metre distribution centre at Sydney’s Orchard Hills. The group is the

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New South Wales News 

Higher ed investment earns $80m from Charter Hall

April 7, 2021April 8, 2021 Marc Pallisco

Charter Hall is paying $80.15 million for a higher education investment opposite the main entrance to the University of New

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New South Wales News 

Racing NSW buys school in Australia’s thoroughbred capital

April 7, 2021April 10, 2021 Marc Pallisco

Racing NSW has picked up a 17.9 hectare training school in Australia’s thoroughbred capital, Scone. The deal with TAFE NSW

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A.C.T. New South Wales News Queensland Victoria Western Australia 

Investors outlay $59.6m on 11 childcare centres

April 6, 2021April 9, 2021 Marc Pallisco

Investors spent $59.6 million on 11 childcare centres last week. The best performing asset in terms of yield was in

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New South Wales News 

AMP, KordaMentha sell Macquarie Park blocks

March 31, 2021March 31, 2021 Marc Pallisco

Two major commercial sites in Sydney’s Macquarie Park sold this week. In the biggest deal, ESR Australia is paying AMP

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New South Wales News 

Mountbatten Hotel trades for $7.5m

March 31, 2021April 1, 2021 Marc Pallisco

The Feros family’s JDA Hotels has paid $7.5 million for another inner south Sydney pub. Vendor, Surfside Hotels, has operated

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New South Wales News 

Laundy family, Fraser Short buy Evans Head pub

March 31, 2021March 31, 2021 Marc Pallisco

Evans Head’s only pub has sold to a syndicate comprising Laundy Hotels, Fraser Short’s Sydney Collective and Nick and Justine

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New South Wales News 

Assembly, Harrington pay $43m for childcare centres

March 29, 2021March 29, 2021 Marc Pallisco

Assembly Funds Management and Harrington Property Funds Management are paying $42.95 million for six north west Sydney childcare centres. The

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New South Wales News Victoria Western Australia 

EG Group sells nine servos

March 29, 2021March 29, 2021 Marc Pallisco

EG Group has sold nine of the 540 service stations acquired as part of a $1.725 billion deal with Woolworths

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New South Wales News 

Gallagher family sells its longest-held pub

March 26, 2021March 27, 2021 Marc Pallisco

The Gallagher family has sold another pub. North Sydney’s Union Hotel is collecting $20 million from John Azar’s The Good

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New South Wales News 

Vaughan Blank drops another $17m at Bondi Beach

March 26, 2021March 27, 2021 Marc Pallisco

Commodities trader turned property investor Vaughan Blank has paid $17 million for another east Sydney trophy site. The former Westpac

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New South Wales News 

Goodman banks $115m from North Ryde offices

March 25, 2021March 29, 2021 Marc Pallisco

Goodman has sold North Ryde’s Binary Centre for $115 million. The deal, with Melbourne’s Quintessential Equity, is being struck at

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New South Wales News 

Occupier buys $12m Sydney Markets warehouse

March 25, 2021March 26, 2021 Marc Pallisco

A Homebush West industrial property opposite Sydney Markets is selling to an occupier for c$12 million. On 4372 square metres,

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New South Wales News Victoria 

Cranbourne service station value rises 26pc in 22 months

March 26, 2021March 26, 2021 Marc Pallisco

A Cranbourne West service station offloaded by developers Nigel Hunt and Dug Pomeroy less than two years ago for $4.9

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New South Wales News 

Ex-Wallaby buys Ryde hotel

March 25, 2021March 26, 2021 Marc Pallisco

Former Wallaby Bill Young has paid c$37 million for Ryde’s Royal Hotel. The off-market purchase from another hotelier, Patrick Gallagher,

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New South Wales News 

Bradbury mall collects $18.2m

March 22, 2021March 22, 2021 Marc Pallisco

Bradbury Shopping Village has sold for $18.2 million. On 1.32 hectares, the outer south west Sydney centre contains 185 car

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New South Wales News 

Pete Evans buys Byron Bay hinterland retreat

March 22, 2021March 22, 2021 Marc Pallisco

Chef and former My Kitchen Rules judge Pete Evans and his wife, Nicola Robinson, have spent $1 million on a

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New South Wales News 

Potts Point home of Candys sells for $22m

March 22, 2021March 26, 2021 Marc Pallisco

EXCLUSIVE A row of four historic Potts Point terraces – one which accommodates the Candys Apartment nightclub – is understood

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