Carolyn Cummins

Carolyn Cummins

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


Australian REITs start the year with a bang

Carolyn Cummins The Australian real estate investment trust sector has completed more than $510 million of deals and capital raisings in the first week of 2015.


Circular Quay set for new hotel and apartments after Gold Fields House sale

Artist impression of the landmark Gold Fields House at Sydney'??s Circular Quay.

Carolyn Cummins Sydney's iconic Circular Quay precinct is to get a facelift with the addition of a five-star hotel and upmarket apartments, following the sale of the Gold Fields House at 1 Alfred Street to the...

Fifty shades of lingerie to light up retail this year

Carolyn Cummins Retail experts are tipping women's intimate apparel as one of the hot spots for the sector this year with the release of the steamy movie, Fifty Shades of Grey, expected to trigger a rise in sales of...

Review of retirement sector in effort to simplify fee structure


Carolyn Cummins The multibillion-dollar retirement sector is preparing for an industry-wide review, in an effort to simplify and standardise, where possible, its complicated fee structure.


All signs point up for commercial property

52 Martin Place has sold for a record price. The building is currently occupied by Channel 7.

Carolyn Cummins Investors are bracing for a big year in 2015 with mergers at the smaller end of the listed trust market, big-ticket property sales, with a emphasis on the retail sector, and more cash flowing in from...

Accor to build hotels in China under alliance

Novotel Beijing Sanyuan exterior.

Carolyn Cummins Accor hotel group has expanded its footprint in Asia by signing an alliance to create a company in China with more than 2000 hotels, and the ability for significant expansion.


Gold Fields House sells for $425 million

An artist's impression of the landmark Gold Fields House at Circular Quay, Sydney.

Carolyn Cummins An office block will be turned into apartments with arguably the best views of Sydney Harbour after it was snapped up by China's Dalian Wanda Group for $425 million.


Mirvac sells 50 per cent stake in Riverside Quay

Darling Park, Sydney

Carolyn Cummins Mirvac Group has entered into an agreement with ISPT, one of Australia's largest unlisted property fund managers, to sell a 50 per cent interest in its office development at 2 Riverside Quay,...

Niche REITs the big winners in 2014


Carolyn Cummins Australian real estate investment trusts (A-REITs) continued their post-global financial crisis recovery this year, with niche trusts leading the charge towards strong returns and increased stability...

Milperra sale reaps $12m

318 Horsley Road, Milperra in SydneyĆ¢??s south-west has sold for $12.1 million to a privately owned owner-occupier

Carolyn Cummins A 3.34-hectare property comprising a freestanding industrial warehouse and office at 318 Horsley Road, Milperra in Sydney's south-west has sold for $12.1 million to a privately owned owner-occupier.

Chifley Securities secures $25m deal

Finance veteran Dominic Lambrinos.

Carolyn Cummins The newly launched Chifley Securities has scored its first big deal, worth $25 million, through a refinancing arrangement put together by receiver Jamieson Louttit, of Jamieson Louttit & Associates.


Sydney siege casts pall over Christmas shopping

Police have sealed off part of the Sydney CBD.

Sue Mitchell and Carolyn Cummins Retailers fear the siege in Sydney could further dampen already subdued consumer sentiment in the countdown to Christmas.

Sephora v Priceline Pharmacy: Lipstick wars gain momentum

Priceline Pharmacy

Carolyn Cummins The battle for supremacy in the cosmetics market, triggered by the arrival of Sephora, has started, with rival Priceline Pharmacy firing the first salvo.

Sephora faces off against David Jones, Myer in beauty battle

No expense spared: Crowds who had lined up for more than 6 hours were treated to catering and entertainment ahead of Sephora's grand opening.

Carolyn Cummins The battle for supremacy in the cosmetics market, triggered by the recent arrival of Sephora, is in full swing, but analysts are already pointing to Australia’s department stores as the biggest...

2015: Game On as year of two halves in 2014 winds up to 2015

Carolyn Cummins The year in retrospect was a game of two halves.

New rooms at the Inn

Spruced up: Travelodge is giving its hotels a refresh.

Carolyn Cummins Hotels are looking hot again

Leasing Ladder

Carolyn Cummins SYDNEY $450 sqm net.


King of jewellers is coming to Sydney’s CBD

74 Castlereagh Street, Sydney.

Carolyn Cummins In 2014, retail leasing activity in Sydney's CBD has been dominated by the influx of international "fast fashion" and mainstream retailers, all of which have found space in the super prime Pitt...

Wynyard precinct's $1 billion upgrade step closer

Popular place: The Wynyard development from Carrington Street.

Carolyn Cummins The Wynyard transport hub will lead into the Wynyard Walk, from Clarence Street to Lend Lease's $6 billion Barangaroo precinct.


Double Bay's Golden Sheaf pub sold to private investor

Golden Sheaf

Carolyn Cummins The Golden Sheaf hotel at Double Bay has been sold to a private investor in a lease-back agreement.