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New South Wales

Industrial New South Wales News 

DHL snaps up Western Sydney Aerotropolis site

March 31, 2022April 12, 2022 Marc Pallisco

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

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Industrial New South Wales News 

Prestons warehouse trades at record low 3.35pc yield

March 31, 2022March 31, 2022 Marc Pallisco

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

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New South Wales News Residential 

Landmark Bronte block collects $44m from developer

March 30, 2022March 30, 2022 Marc Pallisco

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

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Land New South Wales News 

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

April 1, 2022April 1, 2022 Marc Pallisco

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

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Hotels New South Wales News Victoria Western Australia 

Tasman Holiday Parks swoops on four more assets

March 24, 2022March 24, 2022 Marc Pallisco

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

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New South Wales News Retail 

Pottsville mall collects $10.2m

March 24, 2022March 24, 2022 Marc Pallisco

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

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Hotels New South Wales News 

Gundagai hotel trades for $6m

March 24, 2022March 24, 2022 Marc Pallisco

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

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Hotels New South Wales News 

New Albury Hotel sells at 4.1pc yield

March 23, 2022March 23, 2022 Marc Pallisco

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

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Hotels New South Wales News 

Port Macquarie’s Mercure Centro sold to Laundy Hotels

March 22, 2022March 22, 2022 Marc Pallisco

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

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Hotels New South Wales News 

Jon Adgemis picks up Camperdown’s Lady Hampshire

March 22, 2022March 22, 2022 Marc Pallisco

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

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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, 2022March 6, 2022 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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Latest Podcast Episodes

  • Talking Property with Marc Pallisco – Episode 9 October 18, 2019
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