Business

Carolyn Cummins

Carolyn Cummins is Commercial Property Editor for The Sydney Morning Herald.

Walker Corporation and liquor group Kemenys will lodge plans for a mixed-use joint venture at three Kemenys-owned sites ...

Walker Corp in $1b residential project

Walker Corporation and liquor group Kemenys have teamed up in a joint venture to develop $1 billion of mixed-use residential developments on three Kemenys-owned sites in Sydney. 

The Bond, Hickson Road, Walsh Bay, now leased by DEXUS.

DEXUS upgrades property assets by $341m

The strength of bricks and mortar assets is forecast to remain strong as investors seek out less volatile sectors, according to the latest  Australian Property Institute's (API's) Property Directions Survey.

GPT Wholesale Shopping Centre Fund has sold its 50 per cent stake in Westfield Woden Plaza to Perron Investments.

Retail property in hot demand

Retail property is one of the hottest sectors in demand from investors as they seek put higher yielding assets that are benefiting from an improvement in consumer sentiment.

Going up: FJMT has been awarded the design for the new Ritz-Carlton hotel at The Star.

Putting on the Ritz-Carlton: The Star heralds return of luxury hotel

The Sydney skyline is set to be transformed with the development of the new $500 million Ritz-Carlton hotel, including apartments and an updated restaurant strip at Pyrmont, as part of the Star Entertainment group's renovation of the city's main casino as it prepares to take on James Packer's Crown resort at Barangaroo.