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New South Wales

New South Wales News Retail 

Charter Hall, TelstraSuper sell another mall

May 24, 2024May 30, 2024 Marc Pallisco

A trust controlled equally by Charter Hall’s Retail REIT and TelstraSuper has divested another shopping centre, this time on the New

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New South Wales News Office 

Centuria banks premium on south Sydney office

May 21, 2024May 21, 2024 Marc Pallisco

Centuria has sold the second of three inner south city Sydney offices acquired eight years ago to seed the unlisted

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Hotels New South Wales News 

NRMA snares another Yamba resort

May 21, 2024May 21, 2024 Marc Pallisco

NRMA Parks and Resorts is beefing up its accommodation portfolio, snaring the waterfront Blue Dolphin Holiday Resort from the Mitchell

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New South Wales News Retail 

Chinese investor buys row of Sydney shops

May 16, 2024May 16, 2024 Marc Pallisco

A high net worth Chinese investor has snapped up a row of Haymarket shops offered separately. The $19.28 million outlay

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New South Wales News Retail 

Investors snap up NSW supermarkets

May 15, 2024May 15, 2024 Marc Pallisco

Two supermarkets in the heart of their respective New South Wales towns have traded to private investors. In the biggest

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New South Wales News Residential Retail 

Shop top project to expand Byron Bay’s retail centre

May 13, 2024May 15, 2024 Marc Pallisco

Byron Bay’s commercial heart will spread a little further south with developer Jason Dunn and ex-Seek director, Robert Watson, winning

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Industrial New South Wales News Victoria 

Barings, Rest swoop on $780m industrial portfolio

May 8, 2024May 8, 2024 Marc Pallisco

Goodman Group has sold a portfolio of 12 east coast industrial investments to Barings and Rest Super. The $780 million

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New South Wales News Residential 

Point Piper showpiece to smash Australian house price record

May 2, 2024May 2, 2024 Marc Pallisco

Four months after listing his London base, adjoining apartments covering four floors in Knightsbridge’s 55 Hans Place, with c$96 million

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New South Wales News Office 

Toyota Finance chooses Harry Seidler office for HQ

May 1, 2024May 2, 2024 Marc Pallisco

Toyota Finance Australia will relocate its headquarters from the lower north shore to the CBD, near The Rocks. The 52

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Essential services New South Wales News Residential 

Addenbrooke sells Alexandria site with development scheme

May 1, 2024May 4, 2024 Marc Pallisco

The O’Neil family’s Addenbrooke has sold a prime Alexendria site two and a half years ago the subject of a

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Hotels New South Wales News 

Feros brothers buy another inner city pub

April 30, 2024April 30, 2024 Marc Pallisco

Dean and John Feros have bought another historic inner city pub to occupy. The freehold going concern of Paddington’s Unicorn

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New South Wales News Retail 

Melbourne fund manager scoops up NSW mall

April 25, 2024April 25, 2024 Marc Pallisco

Stockland is selling Chris Lock’s IP Generation a regional New South Wales shopping centre it developed 28 years ago. Worth

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Hotels New South Wales News 

Jerry Schwartz swoops on another resort

April 24, 2024April 24, 2024 Marc Pallisco

Elanor Investors Group (ENN) is banking a 25 per cent premium quietly selling a Blue Mountains tourist accommodation complex after

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New South Wales News Retail 

Fund managers reap major windfall from Masters converted homemaker centre

April 24, 2024April 24, 2024 Marc Pallisco

Sydney fund managers Argus Property Partners with Kaipara Property Group, which also develops, have sold a Masters converted homemaker centre

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Industrial New South Wales News 

Opportunity fund snaps up another east coast asset

April 24, 2024April 24, 2024 Marc Pallisco

Centuria has bought another industrial property for a counter-cyclical fund backed by $50 million from wholesale investors. At 26 Redfern

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New South Wales News Retail 

Centuria divests two west Sydney malls

April 18, 2024April 19, 2024 Marc Pallisco

Centuria has sold two west Sydney neighbourhood shopping centres picked up when it took over Primewest – all up for

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Hotels New South Wales News 

Shakespeare invests again in Sydney

April 18, 2024April 18, 2024 Marc Pallisco

Shakespeare Property Group has swooped on a historic Darling Harbour hotel for a fund now seeking wholesale backers. The Melbourne

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Hotels New South Wales News 

Redcape, Patrick Gallagher negotiate hotel double-deal

April 18, 2024April 18, 2024 Marc Pallisco

Redcape has sold Patrick Gallagher Fairfield’s Crescent Hotel – where over 90 per cent of income is derived from electronic

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New South Wales News Residential Victoria 

Billionaire, millionaire snap up trophy estates

April 16, 2024April 16, 2024 Marc Pallisco

Two trophy estates – one worth two and a half times the other – have found buyers high profile in

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New South Wales News Queensland Retail 

Cupra makes it a dozen in Australia

April 11, 2024April 12, 2024 Marc Pallisco

Cupra has opened a second sales garage in Brisbane and committed to another, in south west Sydney, bringing the number

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A.C.T. New South Wales News 

Glenn Piper, Harvest Hotels swoop on pubs

April 4, 2024April 4, 2024 Marc Pallisco

Bruce Gordon’s WIN Corporation has sold its second asset in a month – the Scarborough Hotel, the City of Wollongong’s

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New South Wales News Residential 

Singapore fund manager doubles down on Australian social infrastructure

April 3, 2024April 3, 2024 Marc Pallisco

Singapore fund manager Cambridge RE Partners has bought its second local investment, three months after its first. Port Macquarie’s Hastings

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New South Wales News Office 

Mirvac takes hit on Sydney office stake

April 2, 2024April 3, 2024 Marc Pallisco

Mirvac has sold a half stake in a recently renovated Sydney office for a nine per cent discount to book

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New South Wales News Retail 

Melbourne fund manager adds another Bunnings to book

March 25, 2024March 25, 2024 Marc Pallisco

The Sydney investor who three years ago paid $11 million for the then new Bunnings Young, setting a record low

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New South Wales News Office 

John Singleton sells unique Sydney office

March 25, 2024March 26, 2024 Marc Pallisco

Annie Todd, the former wife of Atlassian co-founder Mike Cannon-Brookes, has secured one of inner Sydney’s most unique offices from

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Essential services New South Wales News Office 

Another ‘hot’ Centrelink trades off-market

March 18, 2024March 18, 2024 Marc Pallisco

The investor who paid $8.875 million for a large, freestanding Centrelink office on 1.72 acres in the Central Coast town

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New South Wales News Retail 

Developer spends $6.3m for gateway Northern Rivers site

March 13, 2024March 18, 2024 Marc Pallisco

Melbourne developer Cadre, established by Chris and Nick Tyas, has snared a gateway Northern Rivers site with plans for a

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Industrial New South Wales News Office 

Op shop giant leases base near Sydney’s geographic centre

March 13, 2024March 13, 2024 Marc Pallisco

For-profit op-shop Savers, which trades from 300 locations globally, has leased an office/warehouse 22 kilometres west of Sydney’s CBD, at

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Industrial New South Wales News 

Medical group turns 148pc profit from west Sydney sale

March 10, 2024March 10, 2024 Marc Pallisco

Global Medical Solutions has turned around a 148 per cent profit selling a major west Sydney industrial property after seven

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New South Wales News Office Retail 

Childcare boss snares Sydney arcade with development upside

March 10, 2024June 24, 2024 Marc Pallisco

Former Deutsche Bank and Macquarie Bank executive turned Oxanda Education founder, Adrian Fonseca, has snapped up the Roma Arcade in

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Industrial New South Wales News 

Roberts Jones ends 128pc in the black from Medich block sell-down

March 6, 2024March 7, 2024 Marc Pallisco

ISPT and UniSuper, in a 50:50 partnership, have bought the largest Enterprise zoned site in the Western Sydney Aerotropolis region

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New South Wales News Retail 

Melbourne fund manager secures another regional mall

March 6, 2024March 6, 2024 Marc Pallisco

Melbourne fund manager Fawkner Property is continuing to boost its regional retail portfolio, this time with another asset from Stockland.

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New South Wales News Retail 

Revelop, Stockland trade Balgowlah mall

March 4, 2024March 4, 2024 Marc Pallisco

Revelop has snapped up a northern beaches strata shopping centre from Stockland – outlaying $155 million. Now expected to be

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Industrial New South Wales News Residential 

Reece changes hands at 5.1pc yield

March 1, 2024March 1, 2024 Marc Pallisco

Another Reece related deal – this one, the sale of an investment rented to the group in outer west Sydney,

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Industrial New South Wales News 

Centuria creates $107m industrial supersite

February 29, 2024March 2, 2024 Marc Pallisco

EXCLUSIVE Centuria has added another property to a west Sydney amalgamation quietly being created since 2022. In Wetherill Park, 11

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New South Wales News Residential 

Fox family sell Sydney’s landmark Boomerang

February 22, 2024March 10, 2024 Marc Pallisco

Lindsay and Paula Fox have sold Elizabeth Bay’s Boomerang, seven years after it was first touted off-market. The first Sydney

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Hotels New South Wales News 

Icon spends $66m on ex-Universal Film studio

February 22, 2024February 23, 2024 Marc Pallisco

Icon Oceania with Icon Developments have outlaid $66 million for Sydney’s RCA House, also once the Universal Film studio. The

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New South Wales News Retail 

Fund managers swap Eastgate Bondi Junction

February 21, 2024February 21, 2024 Marc Pallisco

ISPT has sold Sydney’s Eastgate Bondi Junction after 29 years. The trophy retail investment – with specialty tenants producing an

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New South Wales News Office 

Ho Group buys North Sydney office

February 15, 2024February 16, 2024 Marc Pallisco

Singapore based Ho Group has picked up an A-grade North Sydney office for c$95.5 million – a quarter less than

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New South Wales News Office 

Lendlease fills first piece of North Sydney tower

February 15, 2024February 19, 2024 Marc Pallisco

Ventia, which floated in 2021, has signed up for two floors of North Sydney’s Victoria Cross Tower, due for completion

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New South Wales News Office 

EG sells historic office on second attempt

February 15, 2024February 15, 2024 Marc Pallisco

EG Funds has sold a flour mill converted office in Sydney’s inner west on its second attempt. The six storey

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Essential services New South Wales News Residential 

Aveo offloads another vacant village

February 9, 2024February 9, 2024 Marc Pallisco

A vacant northern New South Wales aged care village will be converted into short term and affordable housing after selling

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New South Wales News Residential 

Telco lists priciest suburban exchanges

February 7, 2024February 8, 2024 Marc Pallisco

Telstra has listed two of the priciest exchanges in its suburban Sydney portfolio – combined, sources say, worth well over

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Industrial New South Wales News 

Global fund managers swoop on $62m Sydney logistics site

February 7, 2024February 7, 2024 Marc Pallisco

An alliance comprising Switzerland based Partners Group and the United State’s Realterm has purchased its maiden Australian property – a

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New South Wales News Office 

Growthpoint reaps windfall from south Sydney office

January 31, 2024February 1, 2024 Marc Pallisco

Growthpoint has divested a south Sydney office acquired when it took over Fortius Funds Management’s near $2 billion portfolio platform

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New South Wales News Retail 

Lendlease sells Darling Square retail component

January 31, 2024February 1, 2024 Marc Pallisco

Lendlease has sold a retail component of Haymarket’s $3.4 billion Darling Square. The fully occupied leasehold asset – 44 tenancies

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Essential services New South Wales News Victoria 

Australian Unity collects c$65m from medical centres

January 31, 2024February 1, 2024 Marc Pallisco

Australian Unity has sold two modern essential services assets held by the $3.8 billion Healthcare Property Trust. In the most

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New South Wales News Retail 

Mintus snares another mall

January 30, 2024February 4, 2024 Marc Pallisco

Mel Hazzouri’s Mintus has bought west Sydney’s Ashfield Mall ending 27 years of ownership for one of its vendors, Abacus

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New South Wales News Office 

Dick Smith sells underutilised Sydney office

December 2, 2023December 2, 2023 Marc Pallisco

Businessman and philanthropist Dick Smith, via his eponymous investment house, has sold a Mascot office with significant development upside. The

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Industrial New South Wales News 

M&G banks $107m from Sydney warehouses

November 27, 2023November 30, 2023 Marc Pallisco

M&G Real Estate has quietly sold a major west Sydney industrial investment for $107 million – more than twice what

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Industrial New South Wales News 

Irongate seeds fund with Sydney business park

November 23, 2023November 23, 2023 Marc Pallisco

Irongate has picked up a land rich business park west of Sydney to seed a fund backed by Johannesburg listed

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Hotels New South Wales News 

Short family sells South West Rocks pub

November 23, 2023November 23, 2023 Marc Pallisco

Paul Hunter has added to his book of regional pubs, snapping up South West Rocks’ Seabreeze Hotel from the Short

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Hotels New South Wales News 

Redcape divests three more pubs

November 21, 2023November 22, 2023 Marc Pallisco

MA Financial managed Redcape has sold three more hotels, realising a total of over $86 million. In the priciest deal,

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Industrial New South Wales News 

Syndicate snares farm abutting Western Sydney International

November 15, 2023November 16, 2023 Marc Pallisco

A gateway industrial development site at the south west tip of the Western Sydney International Airport, which is under construction,

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Industrial New South Wales News 

Bob Ell banks major windfall from Sydney business park

November 15, 2023November 17, 2023 Marc Pallisco

Bob Ell has sold a North Rocks business park after two and a half years. The 4.68 hectare property at

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New South Wales News Office 

Luxury fashion house fills Sydney office

November 15, 2023November 15, 2023 Marc Pallisco

Brookfield Properties and the Investa Gateway Offices fund have filled Sydney’s 28 storey 388 George Street following four office lease

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Hotels New South Wales News 

Hong Kong family spends $109m on Sydney hotels

November 15, 2023November 15, 2023 Marc Pallisco

CapitaLand Ascott Trust has sold hotels in Sydney’s North Ryde and Parramatta. The $109 million deal to the Hong Kong

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New South Wales News Retail 

Southern Highlands Aldi fetches $12.35m

November 14, 2023November 14, 2023 Marc Pallisco

A five year old Aldi in central Moss Vale sold between private investors last week. The $12.35 million result for

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New South Wales News Retail 

NZ fund manager sells down Bondi Beach arcade for a premium

November 9, 2023November 9, 2023 Marc Pallisco

Ben Cook is the latest investor to profit from selling down an inner-city retail investment. The New Zealander’s Cook Property

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Industrial New South Wales News 

Wetherill Park warehouse value multiplies in nine years

November 8, 2023November 8, 2023 Marc Pallisco

A land-rich Wetherhill Park industrial investment with development upside has sold between locals for $25 million. The result for 23

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New South Wales News Retail 

GIC takes major hit on Sydney mall stake

November 1, 2023November 1, 2023 Marc Pallisco

Vicinity Centres has bought back the 49 per cent interest it sold six years ago in Sydney’s Chatswood Chase, with

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Industrial New South Wales News 

Nutella maker shelves Australian hazelnut farm, lists site

October 23, 2023October 25, 2023 Marc Pallisco

Ferrero Group has listed adjoining Riverina farms five years after planting some million hazelnut trees – worth $70m – over

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Hotels New South Wales News 

Developers buy InterContinental Double Bay

October 16, 2023March 27, 2024 Marc Pallisco

A consortium comprising local investor Mervyn Basserabie, Allen Linz, director of Rebel Property Group and Capit.el Group’s Eduard Litver, have

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New South Wales News Office Retail Victoria Western Australia 

Melbourne’s GPO for sale as part of $600m portfolio

October 16, 2023October 25, 2023 Marc Pallisco

ISPT has listed Melbourne’s GPO as part of a portfolio also with the neighbouring The Strand, a regional Western Australian

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New South Wales News Retail 

Ex-Bunnings sells for record price

October 11, 2023October 11, 2023 Marc Pallisco

The former Bunnings Wollongong has sold to Sydney outfit Level 33 for $40 million – a record high for a

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Hotels New South Wales News 

Dore sells Stanmore’s Salisbury

October 10, 2023October 11, 2023 Marc Pallisco

Ged Dore and his wife Trish Larkin have sold Stanmore’s Salisbury Hotel after nearly a decade. The pair are banking

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New South Wales News Retail 

Lendlease divests Port Macquarie’s biggest mall

October 4, 2023October 5, 2023 Marc Pallisco

Lendlease has offloaded another asset in its open-ended unlisted convenience retail based Sub-Regional Retail Fund. Settlement City, Greater Port Macquarie’s

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New South Wales News Residential 

Harry Triguboff snares site from receiver

September 28, 2023September 28, 2023 Marc Pallisco

Harry Triguboff has bought a permit-ready apartment development site at Castle Hill, west of Sydney. The nonagenarian, via his Meriton

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New South Wales News Retail 

Woolworths meets market with leaseback sale

September 28, 2023December 13, 2023 Marc Pallisco

Woolworths’ development arm Fabcot has sold a three year old neighbourhood shopping centre at Bomaderry, on the New South Wales

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Essential services Land New South Wales News 

Landcom sells south west Sydney site to developer

September 27, 2023September 27, 2023 Marc Pallisco

Landcom has sold a major Jannali site zoned C2 – limiting development outcomes to recreation and tourism – for a

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Hotels New South Wales News 

Virtical snares Darlinghurst pubs for a discount

September 22, 2023September 23, 2023 Marc Pallisco

MA Financial has made a loss divesting adjoining Darlinghurst pubs bought in late 2020 – ahead of what was a

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New South Wales News Residential 

Collette Dinnigan lists luxury beach house

September 21, 2023September 25, 2023 Marc Pallisco

Designer Collette Dinnigan and her husband, prestige real estate agent, Bradley Cocks, have listed the luxury beachfront Rosedale home rebuilt

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New South Wales News Office Residential 

Investa, Oxford apply to repurpose modernist office

September 21, 2023September 21, 2023 Marc Pallisco

Investa and Oxford Properties Group are seeking permission to repurpose North Sydney’s c1957 MLC building as a build to rent

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Industrial New South Wales News 

ESR buys into Badgerys Creek

September 20, 2023September 20, 2023 Marc Pallisco

ESR Australia has forged into the burgeoning Badgerys Creek industrial market, snaring a 17 hectare site for $70 million. On

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Industrial New South Wales News 

Lendlease makes tactical industrial play

September 19, 2023September 20, 2023 Marc Pallisco

Lendlease has snared a 3.2 hectare industrial investment to expand the Smithfield Exchange business park it bought five years ago

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New South Wales News Residential 

Receivers list last Melissa Caddick property

September 15, 2023September 15, 2023 Marc Pallisco

Receivers representing investors speculated to have lost $23 million in Melissa Caddick’s six year Ponzi scheme – have listed the

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New South Wales News Office 

AEW divests North Sydney office

September 14, 2023September 14, 2023 Marc Pallisco

AEW Capital has sold a North Sydney office after five years and a renovation. The 14 storey, 6964 square metre

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Hotels New South Wales News 

NRL buys another hotel

September 14, 2023September 14, 2023 Marc Pallisco

Fourteen months after buying Brisbane’s Gambaro Hotel, the Australian Rugby League Commission has secured a Quest hotel, under construction in Sydney’s

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New South Wales News Office 

Cromwell, Sandran trade west Sydney office

September 14, 2023September 14, 2023 Marc Pallisco

Sandran has increased its footprint at Penrith, picking up an A-grade office near other assets it controls, for c$48 million,

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New South Wales News Office 

Cyber security giant snares Lower North Shore office

September 14, 2023September 18, 2023 Marc Pallisco

Fortinet has snapped up an A-grade McMahon’s Point office to occupy, from local investment house, Kingsmede. The three storey warehouse

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