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New South Wales

Industrial New South Wales News 

EG sheds two Sydney industrial investments

April 10, 2025April 10, 2025 Marc Pallisco

EG Group has settled on the sale two major Sydney industrial investments from the Australian Core Enhanced (ACE) portfolio. In

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New South Wales News Office Residential 

Freecity secures two more offices for BTR conversion

April 9, 2025April 10, 2025 Marc Pallisco

EXCLUSIVE Freecity Group has bought two more offices from GPT – next to each other at Sydney Olympic Park –

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

Greystar makes biggest Asia Pacific investment

April 8, 2025April 8, 2025 Marc Pallisco

Singapore sovereign wealth fund GIC with SGX listed Wee Hur Holdings have banked $1.6 billion from seven Australian purpose-built student

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New South Wales News Retail 

Row of Sydney shops fetch $30m

April 8, 2025April 8, 2025 Marc Pallisco

A row of shops in north west Sydney has sold for $29.8 million – a blended 2.09 per cent yield.

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New South Wales News Residential Victoria 

NSW, Vic governments sells development sites

April 8, 2025April 22, 2025 Marc Pallisco

The New South Wales government has sold five adjoining lots just off the Great Western Highway at Stanmore. The 1080

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New South Wales News Residential 

Hometown secures two more land lease communities

April 8, 2025April 8, 2025 Marc Pallisco

Hometown Australia – the local arm of US-based all age communities operator, Hometown America – has snapped up two more

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Industrial New South Wales News 

Mormon church, Canada super fund buy farms

April 7, 2025April 7, 2025 Marc Pallisco

An investment arm of Utah based Church of Jesus Christ of Latter-day Saints, commonly known as the LDS Church or

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Hotels New South Wales News 

Laundy led consortium sheds permit-ready pub site

April 3, 2025April 3, 2025 Marc Pallisco

Laundy Hotels with the Cottle and Wearn families have shed an outer south west Sydney site permit-ready for a large

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New South Wales News Office 

Blackstone, Investa trading stake in $1.85b office

April 3, 2025April 3, 2025 Marc Pallisco

Blackstone is reportedly selling its stake in Sydney’s landmark Grosvenor Place. The speculated potential $1.35 billion deal, with Oxford Properties-backed

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Hotels New South Wales News South Australia 

Southern Highlands, Yorke Peninsula pubs find buyers

April 3, 2025April 3, 2025 Marc Pallisco

Buyers have swooped on two established regional hospitality assets, on the Yorke Peninsula in South Australia and in New South

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New South Wales News Office 

Country’s largest member-owned bank profits from ex-HQ sale

April 2, 2025April 3, 2025 Marc Pallisco

EXCLUSIVE Teachers Mutual Bank, for decades known as the Teachers Credit Union, has sold its former national headquarters, in Sydney.

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New South Wales News Residential 

Council buys Bondi Beach apartment block

March 31, 2025April 1, 2025 Marc Pallisco

Waverley Council has used developer contributions to purchase a 1940s block of flats in trendy Bondi Beach. The $8.55 million

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Essential services New South Wales News 

Brisbane investor snares Newcastle hospital

March 31, 2025March 31, 2025 Marc Pallisco

Northwest Healthcare has sold the Toronto Private Hospital, south west of Newcastle, to Axon Capital. The three level, 105 bed

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Industrial New South Wales News 

Logistics giant banks $21m from ex-Sydney base

March 31, 2025April 1, 2025 Marc Pallisco

IMEX Shipping has sold its former west Sydney headquarters to the occupier of five years. The $21.1 million sale of

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New South Wales News Office 

Japanese investment giants trade stake in Sydney’s tallest office

March 30, 2025March 30, 2025 Marc Pallisco

MEC Global Partners Asia is believed to be buying a minor stake in Sydney’s landmark Salesforce tower, which carried a

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New South Wales News Residential 

Coronation fills BTR tower

March 30, 2025March 31, 2025 Marc Pallisco

Coronation Property and its build to rent division, Nation, have filled a major investment in Sydney’s west Parramatta. The Charlie

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New South Wales News Retail 

T2 to reopen flagship store after swank revamp

March 30, 2025March 31, 2025 Marc Pallisco

T2, owned since 2022 by CVC Capital Partners, is readying to reopen its flagship store after a swank renovation. A

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Hotels New South Wales News 

Maurizio Terzini sells Jacksons on George, quits Icebergs

March 26, 2025March 27, 2025 Marc Pallisco

A consortium including restaurateur Maurizio Terzini and hotelier, Michael Broome, has sold Circular Quay’s 18 month old Jacksons on George

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New South Wales News Retail 

HMC snares west Sydney mall

March 26, 2025March 27, 2025 Marc Pallisco

Woolworths has flipped a western Sydney shopping centre acquired in December via a pre-emptive rights deal. The on-sale to HMC

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New South Wales News Office 

WOTSO leases ex-WeWork office

March 25, 2025March 25, 2025 Marc Pallisco

WOTSO has signed a major North Sydney lease. The flexible workspace provider has taken 2100 square metres at 50 Miller

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Essential services New South Wales News Residential 

Not for profits trade aged care homes, retirement village

March 25, 2025March 25, 2025 Marc Pallisco

Presbyterian Aged Care has sold its last aged care home – part of a portfolio also with two retirement villages,

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New South Wales News Retail 

Gym franchisee drops $15m for Upper North Shore buildings

March 24, 2025March 24, 2025 Marc Pallisco

A major Anytime Fitness franchisee has spent nearly $15 million on two double storey standalone buildings to occupy, on Sydney’s

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New South Wales News Residential 

Estia snaps up two more aged care homes

March 23, 2025March 24, 2025 Marc Pallisco

Estia Health, which was acquired less than two years ago by Boston-based Bain Capital, has added two more aged care

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New South Wales News Residential 

NSW government releases six more lots for developers

March 23, 2025March 24, 2025 Marc Pallisco

The state government will release six more sites to residential developers – part of the $6.6 billion Building Homes for

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New South Wales News Residential 

Lendlease chief banks $13m from home

March 23, 2025March 24, 2025 Marc Pallisco

Lendlease chief executive officer Tony Lombardo and his wife, lawyer, May Chen, have sold Elizabeth Bay’s historic Keadue. Despite needing

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New South Wales News Residential Retail 

South Sydney amalgamation collects $21m

March 23, 2025March 24, 2025 Marc Pallisco

A south Sydney amalgamation containing a two level mechanic and three standalone dwellings has sold following a campaign targeting high

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New South Wales News Retail 

Revelop pots ex-golf club site for retail project

March 20, 2025March 24, 2025 Marc Pallisco

EXCLUSIVE Revelop is planning a multi-building convenience retail investment on a prominent site it just unveiled near Wollongong. McDonald’s is

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Industrial New South Wales News 

Goodman doubles size of business park with $200m deal

March 18, 2025March 20, 2025 Marc Pallisco

Goodman has added a specialised industrial investment to its book following a tactical off-market deal with Qube. The 11.17 hectare

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Industrial New South Wales News 

Charter Hall completes first multi-level warehouse

March 18, 2025March 20, 2025 Marc Pallisco

One of the country’s biggest industrial landlords, Charter Hall, has completed the first of what it expects to be many

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New South Wales News Retail 

Spotlight buys homemaker centre from landlord

March 17, 2025March 18, 2025 Marc Pallisco

EXCLUSIVE Spotlight Property Group has picked up a prominent large format retail investment its parent part-leases for an Anaconda store.

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Hotels New South Wales News Residential 

Eureka picks up NSW all-age rental village

March 16, 2025March 17, 2025 Marc Pallisco

ASX-listed Eureka Group Holdings has used the proceeds of a capital raising five months ago to secure its second all-age

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Industrial New South Wales News 

Vacant west Sydney office/warehouse collects $13.1m

March 15, 2025March 18, 2025 Marc Pallisco

Another prominent Revesby commercial real estate asset is changing hands. The vacant two level office/warehouse on 4256 square metres at

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New South Wales News Office 

AsheMorgan, Dexus trade balance of CBD office

March 15, 2025March 15, 2025 Marc Pallisco

AsheMorgan has bought the half of a Sydney CBD office it didn’t control for far less than it purchased the

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New South Wales News Residential 

Singaporean investor swoops on inner-city site

March 14, 2025March 18, 2025 Marc Pallisco

Singaporean investment house Yi Capital has swooped on a high density apartment site at Kensington, near the University of New

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New South Wales News Office 

Goodman divests ex-Mosaic Brands HQ

March 13, 2025April 3, 2025 Marc Pallisco

Goodman has sold a sprawling Rosebery office – until recently the headquarters for failed fashion retailer, Mosaic Brands. The five

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Hotels New South Wales News Queensland Retail 

ASX group sheds mall, pubs via company stake

March 13, 2025March 18, 2025 Marc Pallisco

Fortitudo Group has snapped up five east coast assets from ASX-listed Eumindi Group (EGB) – outlaying $77 million, doubling the

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Hotels New South Wales News 

Jon Adgemis receiver sells historic guesthouse for modest profit

March 13, 2025March 18, 2025 Marc Pallisco

Millbrook Group, as mortgagee in possession, has sold Darlinghurst’s historic Manor House. The unrenovated two level inn with 19 suites

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New South Wales News Office Residential 

Lendlease eyes Sydney office for apartments

March 13, 2025March 18, 2025 Marc Pallisco

Lendlease is believed to be back in negotiations for a prominent CBD office permit-ready for a two-tower residential project. The

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New South Wales News Residential 

Developers trade ex-Balmain Leagues Club

March 13, 2025March 13, 2025 Marc Pallisco

The dilapidated former Balmain Leagues Club at Rozelle has traded between Asia backed local developers. Following an off-market deal, the

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New South Wales News Office 

Cambridge buys another office converted uni

March 6, 2025March 6, 2025 Marc Pallisco

Terraform Capital has sold a fully leased Sydney CBD office for $111.58 million – $220,000 less than its 2018 outlay.

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New South Wales News Residential 

SC Capital, UNSW trade student accommodation complex

March 5, 2025March 6, 2025 Marc Pallisco

UNSW Sydney has acquired the Jacaranda Hall student accommodation complex it tenants, near its Kensington campus, in the city’s inner

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New South Wales News Residential 

Chinese group buys Sydney student accommodation complex

February 28, 2025February 28, 2025 Marc Pallisco

Shanghai based asset manager Morning Crest Capital, which invests outside of mainland China, focusing on residential based real estate, has

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Essential services New South Wales News Office Queensland 

MPG buys, sells east coast investments

February 25, 2025February 25, 2025 Marc Pallisco

Melbourne fund manager MPG has bought and sold east coast investments for the Essential Services Property Trust. In the biggest

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Industrial New South Wales News 

TNT factory turned business park fetches $330m

February 20, 2025February 21, 2025 Marc Pallisco

Brookfield Properties has sold a three month old business park developed on an ex-Orica site, west of town. Connect Central

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New South Wales News Retail 

Revelop secures another NSW mall

February 20, 2025February 20, 2025 Marc Pallisco

Charter Hall has sold another asset from the Retail REIT (CQR). Lake Macquarie Square at Mount Hutton near Newcastle fetched

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Industrial New South Wales News 

Barber sells first of five unbuilt cold storage investments

February 20, 2025February 21, 2025 Marc Pallisco

Irongate has snapped up another major Sydney industrial investment – this time on a fund-through basis. The food processing and

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Industrial New South Wales News Queensland 

ISPT offloads warehouses worth $250m

February 19, 2025February 19, 2025 Marc Pallisco

ISPT has offloaded three east coast industrial investments banking a total c$255 million. In the biggest deal, the Rowe family,

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Industrial New South Wales News 

EG in the black after Ingleburn flip

February 19, 2025February 20, 2025 Marc Pallisco

EG has sold a south west Sydney business park after four and a half years. The fund manager finished in

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Hotels New South Wales News 

Besieged fund manager moves another asset

February 19, 2025February 19, 2025 Marc Pallisco

Elanor Investors Group (ENN) has moved another asset from its Hotel Accommodation Fund (EHAF). The besieged fund manager is banking

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Industrial New South Wales News 

Supplements giant drops $20m for Sydney site

February 19, 2025February 19, 2025 Marc Pallisco

Elite Supplements will relocate its headquarters from Canberra to Sydney after buying a site for an office and distribution centre.

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New South Wales News Retail 

Zeekr leases another Australian showroom

February 18, 2025February 18, 2025 Marc Pallisco

Chinese car maker Zeekr has leased another Sydney showroom. Via an assignment, the group has secured unit 2, 1037-1047 Bourke

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New South Wales News Office 

Billionaire toy maker sells another office for a loss

February 12, 2025February 12, 2025 Marc Pallisco

Billionaire toy maker Francis Choi has sold another Sydney CBD office for less than the price paid last cycle. The

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Industrial New South Wales News 

Garbage moguls bank $11m from Amazon warehouse

February 12, 2025February 13, 2025 Marc Pallisco

The founders of ASX-listed skip business Bingo Industries, which was bought by Macquarie Infrastructure and Real Assets for $2.3 billion

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New South Wales News Retail 

Upper Hunter shopping centre trades on 6.4pc yield

February 10, 2025February 10, 2025 Marc Pallisco

EXCLUSIVE A Coles-anchored shopping centre in the historic town of Scone – 25 kilometres north of Muswellbrook – has traded

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New South Wales News Office Retail 

Developers trade Ice Zoo Sydney

February 5, 2025February 5, 2025 Marc Pallisco

Time & Place has finished in the black selling a Mascot showroom turned ice skating rink after seven years and

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New South Wales News Retail 

Stevens Group sells convenience centre on fund-through basis

February 5, 2025February 5, 2025 Marc Pallisco

Stevens Group has sold a shopping centre nearing completion at Googong, 16 kilometres south east of Parliament House, just outside

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Industrial New South Wales News 

Dexus buys ex-Homeart DC

February 4, 2025February 4, 2025 Marc Pallisco

EXCLUSIVE Dexus has quietly acquired a major office/warehouse with development upside in Sydney’s west. The 2.12 hectare holding, 32 Cox

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Industrial New South Wales News Office Residential 

Coronation spends $220m on BTR sites

February 3, 2025March 3, 2025 Marc Pallisco

Coronation Property has outlaid a speculated $220 million on two inner-city Sydney build to rent development sites. In the biggest

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New South Wales News Retail 

Central Coast Woolworths fetches $24.5m

January 30, 2025January 31, 2025 Marc Pallisco

A Central Coast supermarket developed in 2011 by and for Woolworths has sold between New South Wales private investors. The

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Essential services New South Wales News 

Not for profit accepts discount for hospital

January 29, 2025January 29, 2025 Marc Pallisco

The Skin & Cancer Foundation has sold a west Sydney essential services asset with a leaseback. The not for profit is

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Industrial New South Wales News 

Goodman seals two inner-city industrial lease deals

January 29, 2025January 29, 2025 Marc Pallisco

Goodman has secured tenants for two warehouses in Sydney’s inner south Alexandria. In the biggest deal, CH Robinson will open

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New South Wales News Office 

NBN Co to downsize HQ

January 28, 2025January 28, 2025 Marc Pallisco

The National Broadband Corporation will switch its headquarters within North Sydney. The government arm has committed to 9000 square metres

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Hotels New South Wales News 

Receivers sell last Virtical pub

January 20, 2025January 20, 2025 Marc Pallisco

Lyon Group has picked up the last asset of failed pub investor Virtical. The c1904 Hotel Australasia in Eden cost

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Hotels New South Wales News Residential 

Billbergia, Metrics swoop on permit-ready CBD site

January 16, 2025January 16, 2025 Marc Pallisco

A joint venture between Billbergia Group and Metrics Credit Partners has snapped up a prime CBD mixed use development site.

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New South Wales News Office 

More of Sydney’s ‘first skyscraper’ leased mid-renovation

January 12, 2025January 12, 2025 Marc Pallisco

Dexus has secured three more tenants to 33 Alfred Street – Sydney’s first skyscraper – which is being refurbished. Legal

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New South Wales News Retail 

Fund managers trade gateway Snowy Mountains mall

January 12, 2025January 13, 2025 Marc Pallisco

FRP Capital has banked a modest capital gain from a Snowy Mountains region shopping centre held two years. The Coles

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Hotels New South Wales News 

Sam Arnaout drops c$200m on large format pubs

December 23, 2024December 24, 2024 Marc Pallisco

Redcape has sold two large format, multi-revenue channelled hotels in Sydney’s west. The Cabramatta Hotel in Cabramatta West and El

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New South Wales News Retail 

RAM sheds Hunter Valley mall

December 23, 2024December 23, 2024 Marc Pallisco

Real Asset Management has offloaded another regional shopping centre acquired in a portfolio from Sentinel in 2017. Tanilba Bay Shopping

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New South Wales News Office 

Japanese office investor lines up $600m Sydney skyscraper

December 19, 2024December 20, 2024 Marc Pallisco

Tokyo listed office focused investment house, Daibiru, is seeking to buy a Sydney CBD asset, only half which was for

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New South Wales News Office Residential 

Strata owners unite, sell building to neighbour

December 19, 2024December 19, 2024 Marc Pallisco

EXCLUSIVE The owners of 22 suites in a Sydney strata office building have united to sell the property to a

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New South Wales News Office 

3M HQ trades on high yield

December 18, 2024December 18, 2024 Marc Pallisco

Quality Green Group has bought its maiden Sydney asset – a piece of North Ryde’s Riverside Corporate Park. With a

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Hotels New South Wales News Queensland 

NRL buys two more east coast investments

December 10, 2024December 17, 2024 Marc Pallisco

The NRL has snapped up two more hotels as part of a plan to diversify income streams. In New South

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New South Wales News Retail Western Australia 

Woolworths buys, sells anchored malls

December 5, 2024December 6, 2024 Marc Pallisco

Woolworths has bought and sold shopping centres it anchors east and west of the country. In a significant deal, the

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New South Wales News Office Residential 

James Packer, Time & Place buy historic warehouse to repurpose

December 5, 2024December 5, 2024 Marc Pallisco

A historic Surry Hills warehouse once occupied by David Jones has sold to James Packer and Time & Place, which

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New South Wales News 

Local brothers snare Luna Park Sydney

December 2, 2024December 2, 2024 Marc Pallisco

Brookfield has sold Luna Park Sydney to Oscars Group, led by local brothers, Bill and Mario Gravanis, which is planning

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New South Wales News Office Queensland 

Dexus sheds two more offices

November 28, 2024November 28, 2024 Marc Pallisco

Dexus has sold two more east coast offices for a total $443.2 million. In the biggest deal – just –

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Hotels New South Wales News 

Good Beer Co picks up historic Sydney pub

November 26, 2024November 26, 2024 Marc Pallisco

John Azar’s Good Beer Co has bought Sydney’s Edinburgh Castle Hotel a year after the close of an expressions of

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New South Wales News Retail 

Victorian public servants in the black following Bunnings disposal

November 26, 2024November 26, 2024 Marc Pallisco

An unlisted fund backed by VFMC – which manages annuity on behalf of 32 Victorian public authorities and related organisations

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New South Wales News Retail 

HMC sheds growth corridor retail investment

November 25, 2024May 22, 2025 Marc Pallisco

HMC Capital, on behalf of the HomeCo Daily Needs REIT, has sold a large format retail investment at Vineyard –

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New South Wales News Retail 

Singapore fund divests Wollongong mall

November 25, 2024November 26, 2024 Marc Pallisco

Singapore listed Paragon REIT and MA Financial have divested a regional shopping centre for a touch over book value but

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