Carolyn Cummins is Commercial Property Editor for The Sydney Morning Herald.
A formerly ASX-listed company has bought the well-known harbourside-based Frisco Hotel in Woolloomooloo.
Hotel investor and operator Geoff Redmond has called time at the Club Hotel pub in Mount Druitt after 30 years of continuous ownership.
German-backed Deutsche Wealth and Asset Management is selling its prime North Sydney office tower with a value of about $100 million.
Peak Equities, led by Trevor O’Hoy, is looking to sell a fully leased property in Sydney’s Green Square precinct for more than $30 million.
Selling a northbound truck stop in Halfway Creek, anchored by ASX-listed tenant Ampol, for around $13 million appears to be a great outcome.
Barrister Brian Dooley called last drinks at Newtown’s Courthouse pub. He’ll hand the keys to his thirsty tenant, pub baron Bruce Solomon, who has paid a frothy $24 million.
Geopolitical unrest and higher interest rates may affect ordinary folks’ spending habits, but the super wealthy still spend big on collectibles with history and “providence”.
The hotel baron paid $41 million for the hotel on NSW’s Central Coast.
The wealthy Maple-Brown family is selling two shops in leafy Woollahra and a newly constructed Dan Murphy’s has hit the market.
The PR maven is aiming to get a big pay day from the sale of her former headquarters.