![The 26,359 sq m site at 3 Anderson Street, Banksmeadow, sold for $20 million to a private investor](/web/20160813192822im_/http://www.smh.com.au/content/dam/images/g/q/q/g/p/6/image.related.wideLandscape.460x259.gqqgeq.png/1470899747193.jpg)
South Sydney industrial assets attract investors
A large industrial property in Banskmeadow, South Sydney, has sold for about $20 million to a private owner occupier, as demand in South Sydney continues to flourish.
A large industrial property in Banskmeadow, South Sydney, has sold for about $20 million to a private owner occupier, as demand in South Sydney continues to flourish.
Industrial landlord Goodman Group's embedded development margins put it in a position to deliver a forecast 6 per cent earnings growth in the coming year.
Investors are shifting their attention to hotels and pubs in regional NSW to take advantage of the rise in domestic tourism as more people opt for a "staycation".
Swedish fast fashion leader, H&M;, has extended its footprint in Sydney's western region with the opening of its eighth store at Macarthur Square, Campbelltown, scheduled for later this year.
Hotel czar Justin Hemmes has paid $10 million for the Alexandria Hotel in Alexandria to former owners Fiducia✓ and its partners.
The Sydney-based residential developer, Crown Group, is branching out to the hotel sector and will offer a range of suites as a complement to its growing apartment towers from the east to the west of the city.
Over the next 10 years we will see the design of commercial office buildings change due to a number of influencing factors from tenants.
NORTH SYDNEY $395 sqm gross.
Employment service provider Seek is speculated to be the latest tenant to be lured to the CBD, in the process of pre-committing to a Dexus Property Group building unveiled four years ago for a prominent Flinders Street site, opposite Federation Square.
The "mantra" of vitamin company Melrose Health is "being well and staying well is all about a whole-body approach to life".
Investment sales are breaching the $500 million mark, boosted by the purchase of the David Jones store at 77 Market Street by retail landlord Scentre Group and developer Cbus Property.
REA Group has warned the federal election will affect revenues in the first half of the current financial year after reporting a 16 per cent rise in full-year net profit to $215 million.
Sydney's industrial property market is surging ahead of Melbourne with more active retail, residential and infrastructure sectors driving development and uptake.
RV giant Apollo Caravan is poised to open its first retail sales outlet in Melbourne, in the northern suburbs' "caravan mecca" at Campbellfield, the gateway to the Hume Highwa.
Swiss watchmaker TAG Heuer✓ has re-opened its Sydney Flagship store at its landmark Pitt Street Mall, Sydney address, after a refurbishment.
Housing rents have fallen in all Australian capital cities apart from Hobart and Melbourne, data shows.
Centuria✓ Metropolitan office trust is on an expansion path as it looks to beat its maiden full year result of $44.8 million and achieve the forecast 3 per cent earnings guidance for the current financial year.
A consortium headed by Melbourne businessman John Shalit has moved to offload a two tower development site in Albert Road opposite Melbourne's famed Shrine of Remembrance.
Apartment owners looking to save a buck and the environment should take a lesson from one of Melbourne's oldest and most iconic apartment towers.
The interestingly-named Co-operation House, a building leased to the Textile Clothing and Footwear Union, has been sold for $4.5 million.
Drones are increasingly being used by body corporates and insurance firms to inspect the outside of tall buildings, but their use has prompted peeping Tom concerns from apartment dwellers.
Dexus Property Group is selling two of its large investment properties and will use the proceeds to repay debt and fund ongoing projects.
Listed pub landlord, ALE Property is to work with its tenant, the Woolworths-associate ALH, to develop underused parts of around 970,000 square metres of total land area to further enhance returns
Australia's supermarkets are at war and the battle is only beginning as more entrants start to eye off possible sites.
An oversized Brunswick East industrial site near Carlton North is set to make way for a landmark 10-level apartment building with speculation it is selling for nearly $10 million.
The number of suburbs across the country where homes cost a median $1 million has jumped by almost a third last year, with predictions more will join the club.
Significant reforms to NSW strata laws are forecast to create a wave of new interest in the Sydney strata market after years of flat growth.
Offices being converted to apartments and the sale of assets for the new Metro rail line has led to a fall in the vacancy rate across the North Shore's office market, according to the Property Council of Australia's latest Office Market Report.
Developers have identified the Hunter Valley as a growth sector in regional NSW, as improved infrastructure draws residents away from the crowded suburbs of Sydney.
Tamworth is set for a boost following the announcement by Australia's largest hotel operator, AccorHotels, that a new Mercure hotel is scheduled to open in December.
Small businesses fear they could be the next target of bad financial advice and predatory lending under a proposed low-regulation scheme for startups.
Community, industry and tertiary education sector must ensure students make informed decisions in course choice.
A free independent guide from SMH with expert information.
A free independent guide from SMH with expert information.
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