Darling Park sparks up with tenant reshuffle
The owners of Sydney landmark Darling Park have struck several major leases in deals that show some confidence in the city’s western corridor market.
The owners of Sydney landmark Darling Park have struck several major leases in deals that show some confidence in the city’s western corridor market.
The property major dropped the proposed scheme and will update investors on its plan at its annual meeting this week.
Australian superannuation funds are making bigger than ever plays offshore and one of the largest is targeting London’s office market at a time when few others are.
The funds house has snapped up a Sydney data centre and is chasing more assets in the US ahead of floating a new trust on the ASX. The sensitive assets could do better now that the Chinese owners have have sold out.
Retail properties are now changing hands at a more rapid clip as the window to pick up assets is closing.
The national boom in build-to-rent projects is finally gathering steam in Sydney with a huge precinct proposed for the inner west suburb of Marrickville.
The private developer has warned that capital is demanding extra returns for investing in Victoria, but is confident that the state will forge ahead if changes are made.
The group is buying into one of the country’s hottest industrial precincts as the south Sydney area takes off.
Investors were shaken as Jason Pellegrino flagged his exit from Domain after six years running the company, and Nine is keen to turn its property offshoot around.
Bob Ell had ridden the dramatic rise in land values on the city’s outskirts.
Original URL: https://www.theaustralian.com.au/author/ben-wilmot/page/4