Commercial property deals

Hotels magnate Justin Hemmes has paid more than $37 million for the Tennyson Hotel in Sydney’s Mascot to expand his booming hospitality empire. This article originally appeared on theaustralian.com.au/property.

This Clovelly property might not be much to look at, but it sold on one of the tightest yields of any commercial property in Australia this year.

The Presbyterian Church is believed to have paid more than $15 million to keep historic Botany Bay property Primrose House out of the hands of developers.

A five-star hotel that is unquestionably one of Australia’s most remote has been sold after more than a year on the market.

Boston-based investment manager AEW Capital Management is looking to enter the local market with the purchase of a B-grade tower in Sydney’s Clarence St for close to $170 million. This article originally appeared on theaustralian.com.au/property.

Prominent Sydney hotel owner and developer Iris Group has paid $39 million for a Newcastle site that carries approval for a major mixed-use project. This article originally appeared on theaustralian.com.au/property.

Macquarie Capital-backed property funds manager Logos is buying a major Sydney logistics facility occupied by Woolworths, which was put on the block earlier this year for $180 million. This article originally appeared on theaustralian.com.au/property.

A quaint fire station with one of the most intriguing histories of any emergency services building in Australia is on the market.

A Point Cook pub and gaming venue leased to Geelong Football Club has been tipped onto the market, with expectations it will fetch more than $18 million.