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Sydney’s west heats up with two Western Sydney industrial properties sold for almost $9m - CBRE

Strong investor interest has underpinned the successful auction sales of two western Sydney industrial properties for a combined total of close to $9 million.

Victoria (Vic.)Melbourne

Deals

$13m Centennial distribution centre Sold with development potential CBRE

A Centennial Industrial Logistics managed partnership has purchased a 35,719sqm industrial site in Campbellfield for $13,297,000. CBRE Associate Director, Daniel Eramo, and Senior Director, James Jorgensen, negotiated the sale.

New South Wales (NSW)Sydney

New Projects

Interlink Industrial Estate sells out at record prices Niemeyer

Since its launch in 2018, prices for the state-of-the-art industrial units at Interlink Strathfield have soared by as much as 30% says Niemeyer’s Pedro Tabrizi and Robert McLaurin.

News Roundup

https://www.theaseandeveloper.com/news/2020/04/30/its-important-be-conscious-timelines-how-developers-are-adapting-covid-19/1588210194

It's important to be conscious of timelines': How developers are adapting to Covid-19

Dan Holden, founder of commercial brokerage firm HoldenCAPITAL, outlines where the challenges lie for Australia's developers moving forward.

The ASEAN Developer

https://www.commo.com.au/news/2020/04/21/how-make-sense-property-values-time-covid-19-when-there-no-market/1587449750

How to make sense of property values in the time of COVID-19, when there is no market

Urban Property Australia Founder and Managing Director, Sam Tamblyn examines how commercial property price trends will be determined in the wake of COVID-19.

COMMO.

https://www.therealestateconversation.com.au/news/2020/04/29/how-much-the-banks-generosity-costing-you/1588121720

How much is the Bank’s generosity costing you?

REINSW CEO Tim McKibbin questions who really is footing the bill when it comes to banks, landlords and tenants.

The Real Estate Conversation

https://www.thehotelconversation.com.au/news/2020/04/26/virtual-wine-tasting-wine-lady/1587871696

Virtual wine tasting by the Wine Lady

How DRNKS, a niche Sydney business evolved with the changes COVID-19 restrictions imposed upon them. WILLIAMS MEDIA spoke with Ella Stening, 'Wine Lady' of DRNKS.

The Hotel Conversation

https://www.therealestateconversation.com.au/2019/11/20/sydneys-most-expensive-property-has-sold-140m/1574211855

Sydney's most expensive property has sold for $140m

Kylie Rampa CEO of Property Lendlease says the $140 million sale of the One Sydney Harbour penthouse and sub-penthouse presents a paradigm shift in Australian property smashing $100,000 per square metre.

The Real Estate Conversation