Carolyn Cummins

Lendlease’s $2 billion Sydney Place will soar 55-storeys, or 263 metres, and be the flagship site for software platform Salesforce.

Global property giant Lendlease’s $1.2 billion office tower above the Victoria Cross metro station will set a high bar for the revival of North Sydney.

Property giant Lendlease is confident it can turn itself into a leaner, more efficient business despite posting a hefty net loss for fiscal 2022.

The sale is indicative of increased investment in a city enjoying a cultural transformation.

Diversified fund manager Charter Hall has extended its presence in Melbourne’s “Paris end” after buying the freehold of the Collins Place precinct for an estimated $60 million.

The $8 billion diversified property giant says robust demand for its apartments and mixed-use developments should help it offset the challenges in the construction sector.

Cash continues to be pumped into the hot pub sector across the city and regional areas with prices escalating as investors and owner/operators battle it out to get a deal.

Private developers are focused on delivering long-term environmentally friendly and sustainable projects that range from assets in the north shore by Watermark to the tallest residential tower in Sydney’s south-west from the Fyve group.

Western Sydney University has taken possession of its new state-of-the-art health and medical research hub with the practical completion of stage 1 of Charter Hall’s $350 million Westmead Innovation Quarter (iQ) precinct.

ASX-listed co-working space operator Victory Offices has confirmed the closure of all of its Sydney city locations and lost its chief financial officer.