Carolyn Cummins

Carolyn Cummins

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

Tudor Hall Hotel, Redfern snapped up by pub baron

Tudor Hall Hotel, Redfern, bought by Martin Short's W. Short Group

Carolyn Cummins One of Paddington’s well-known pubs, the Grand National, has been put on the market, complete with a long term tenant.

Pyrmont is in strong demand

100 Harris Street, Pyrmont, which was formerly the offices of real estate magnates Isaac and Susan Wakil, sold for more than $90 million.

Carolyn Cummins City-fringe sites appeal to media and entertainment companies.

The science of shopping

Carolyn Cummins Technology is fast becoming the norm in shopping centres from ordering meals, to measuring for new clothes.

Northern Beaches prove popular for developers

Carolyn Cummins Developments around the new Northern Beaches Hospital are expected to boost property activity in the area.

Without Reserve

East Village, Victoria Park, Sydney.

Carolyn Cummins The mixed-use development East Village at Victoria Park, has set the scene for redevelopment in the area, such as the planned Green Square site, according to investors and retailers.

Banks declare they are here to stay with new-look branches

NAB branch in Chatswood near the bus interchange on Victoria st.  .

Carolyn Cummins A community backlash occurred when some bank branches closed after the introduction of online banking and ATMs.

Microsoft to open flagship Pitt Street Mall store

Bill Gates: Microsoft is said to be opening a flagship store in Pitt Street Mall.

Carolyn Cummins It is said the computer giant's first major site in the country will be in Pitt Street Mall.

$11b Novion, Federation merger deal clears court hurdle

Chadstone Shopping Centre, Melbourne, owned 50/50 by Novion and Gandel Group.

Carolyn Cummins The proposed $11 billion merger between Novion Properties and Federation Centres has cleared another hurdle with shareholders set to vote on the plan on Wednesday May 27, in Sydney.

Canada's Ivanhoe Cambridge takes slice of Sydney office Liberty Place

Carolyn Cummins LaSalle Investment Management has sold a stake in the $1 billion office and retail complex at 161 Castlereagh Street to Canadian investment group Ivanhoe Cambridge and private equity group Blackstone...

GPT CEO change could trigger new M&A deals

Michael Cameron, appointed as new head of Suncorp.

Carolyn Cummins The departure of GPT Group's chief executive, Michael Cameron, could trigger a fresh round of mergers and acquisitions among the real estate investment trusts, as well as personnel reshuffles.

Suncorp names GPT chief Michael Cameron as its new CEO

Michael Cameron was CEO of GPT for six years.

Carolyn Cummins In a shock move, Michael Cameron will step down as managing director and chief executive of GPT Group (GPT) after six successful years, to take on the role of Group CEO and Managing Director of...

Recovering housing market boosts retail sector

Myer at Sydney Central Plaza.

Carolyn Cummins Falling fuel prices and low interest rates have left more in home owners' pockets and boosted the fortunes of large format retailers.

City and fringe offices in demand in Sydney

Blue-chip: A four storey  building at 63-73 Ann Street, Surry Hills, is up for sale.

Carolyn Cummins Office assets are in demand across the Sydney city and its fringe areas, as investors look to higher yielding sectors, thanks to the low interest rate environment.

Leasing ladder

Carolyn Cummins CROWS NEST $1032 sqm net.

Woolworth in sales and leaseback of 10 petrol stations

Carolyn Cummins Supermarket group says it prefers to enter long-term leases for its retail premises rather than hold property assets.

Top retail tenants becoming richer than their landlords

Pitt Street Mall, home to some of the richest brands in the world.

Carolyn Cummins Top retail tenants are gaining increasing power over the real estate they occupy.

Burger wars: McDonald's makes rare exit from Sydney CBD

The venerable Big Mac is feeling the heat from a new breed of burger outlets.

Carolyn Cummins The McDonald's on the corner of George and Bridge Sydney, popular for a late night snack after a night at the the nearby pubs, has closed, with the fast food giant deciding not to renew the lease.

Mortgage Choice co-founder to sell Avalon waterfront property

An Avalon waterfront property with multiple residences and boathouses is up for sale.

Carolyn Cummins Marara on the northern beaches is expected to attract interest from local and overseas developers.

Weak start to 2015 for commercial property sales

An artist impression of 309 George Street if it is redeveloped.

Carolyn Cummins The commercial property market has started the year quietly, with just $3 billion of assets changing hands, the lowest level of activity in the first quarter since 2011.

Neighbourhood mall sales top $400m

Carolyn Cummins Investors have paid up to $400 million in four deals for neighbourhood shopping malls, reflecting high demand for assets that have development opportunities and are anchored by the profitable food...