North Sydney Commercial Property News

North Sydney commercial property news, commercial real estate market data, business news and insights.

Hong Kong toy king’s play for half of $600m Northpoint Tower
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Hong Kong toy king’s play for half of $600m Northpoint Tower
Hong Kong billionaire Francis Choi has sealed a deal to buy a half-stake in the $600 million Northpoint Tower in North Sydney from Cromwell Property Group’s long-time South African backer, Redefine Properties.
US consulate to move to North Sydney
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US consulate to move to North Sydney
The US consulate will move from Sydney’s CBD for the first time in 25 years, and into North Sydney. 
Asian investors set to snare half of Northpoint Tower
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Asian investors set to snare half of Northpoint Tower
A private Asian investment house is in advanced talks to buy a half-stake in the $600 million Northpoint Tower in North Sydney from Cromwell Property Group’s South African backer, Redefine Properties.
Grocon booted from Channel 9 tower project
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Grocon booted from Channel 9 tower project
Property giant Grocon has had a $200 million contract for a North Sydney office tower terminated amid a refinancing deal that saw construction scion Daniel Grollo arrange to pump funds into the company. 
Goggle Box, Ninja Warrior production house up for grabs
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Goggle Box, Ninja Warrior production house up for grabs
The production offices behind some of Australia’s most popular TV shows are on the leasing market, offering a rare opportunity to secure a readymade creative office hub near Sydney Harbour. The McMahon’s Point studios have been occupied …
Dexus grabs North Sydney’s Christie Centre for $60m
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Dexus grabs North Sydney’s Christie Centre for $60m
Property powerhouse Dexus is looking to bolster its position in North Sydney by snapping up The Christie Centre in Berry St for more than $60 million.
Chinese investment on the rebound in Sydney
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Chinese investment on the rebound in Sydney
Cashed-up Chinese groups are pushing deeper into Sydney’s suburban offices and apartments with sites worth about $200 million changing hands, defying concerns about a year-on-year slump in Chinese outbound property investment in the third quarter.
Develco to cash in on Sydney office boom
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Develco to cash in on Sydney office boom
Private company Develco has emerged as the latest company to capitalise on the rise in office values on Sydney’s north shore, putting an office building in Lane Cove on the block with hopes of selling it for more than $55 million. This article originally appeared on theaustralian.com.au/property.
Sydney pub market off tap, bar baron says
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Sydney pub market off tap, bar baron says
Sydney bar king Justin Hemmes has confirmed the city’s pub boom is still in full swing, with his private Merivale operation snapping up northern beaches watering hole The Collaroy in a play worth about $21 million. This article originally appeared on theaustralian.com.au/property.
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