Carolyn Cummins

Carolyn Cummins

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

Iris Capital on expansion path

Carolyn Cummins Iris Capital group will use cash raised from the sale of non-core pubs to tap into the booming residential apartment sector.

Deals and deeds

Carolyn Cummins deals and deeds

Mobile tech creating new opportunities and challenges for time-sensitive business

Carolyn Cummins How many times are the words "what's the IT number?" yelled across an office?

Hotel sector set for expansion

New developments: Lend Lease's revised plan for a hotel at Darling Harbour.

Carolyn Cummins Major sporting events including the AFL Grand Final are set to boost demand for hotel accommodation in Melbourne in the next few months.

Premier to take on overseas retailers

Brand expands: Smiggle store.

Carolyn Cummins Premier Investments to expand its retail outlets for Smiggle and Peter Alexander brands.

Without reserve

Carolyn Cummins Makeover reveals shopping mecca, says Carolyn Cummins.

Courts

Boutique fund stings $1 million out of Morgan Stanley over Orchard recapitalisation

Gavel.

Carolyn Cummins In a David and Goliath court case, the small firm Vasco Investment Management has won a $1.03 million payment from the giant Morgan Stanley over the advice given in the recapitalisation of the former...

Land for cemetery snapped up

Carolyn Cummins A $30 million proposal from the not-for-profit Catholic Metropolitan Cemeteries Trust (CMCT) to build a new 113-hectare cemetery near Campbelltown at Varroville has been unanimously supported by the...

Lend Lease expands in London

Lend Lease building.

Carolyn Cummins Lend Lease has applied to Southwark council for permission to build nearly 593 homes and develop 3990 square metres of retail space at Elephant Park - the latest step in its £1.

Lantern Hotel Group acquires Waterworks Hotel for $8.25m

Generic beer

Carolyn Cummins Lantern Hotel Group has paid $8.25 million for the Waterworks Hotel in Botany.

Lend Lease to refinance $550m fund

Menai Marketplace: One of the shopping centres included in the Lend Lease fund.

Carolyn Cummins Investors in the $550 million-plus Lend Lease Real Estate Partners Fund 3 have opted to support a partial recapitalisation and keep ownership of the shopping centre assets, rather than support a...

Developers on the hustings for new land

Sitting on a goldmine: Owners of units in certain industrial estates are probably sitting on an asset which is most likely worth double as a development opportunity versus its current industrial use.

Carolyn Cummins Trusts are lining up to dip toes into tempting waters around industrial properties in strategic locations to take advantage of $20 billion infrastructure projects, says Carolyn Cummins.

Without reserve

Carolyn Cummins The Beverly Hills Cinemas and Subway Restaurant has been sold for $6.5 million through Michael Ajaka and Ari Danas, from JLL, who are also selling the Cronulla Cinema and Retail Complex.

Laneways the new retail hubs

Carolyn Cummins Melbourne has had the rub on Sydney over laneway occupation for years but changes in legislation in Sydney have paved the way for its current laneway revitalisation program.

Leasing ladder

Carolyn Cummins Leasing ladder.

Zara finds a home in Pitt St Mall

Carolyn Cummins Pitt Street Mall is the new battleground for the international retailers, with the Spanish label Zara, said to be looking at opening a Zara Home store in the Glasshouse arcade adjoining the new H&M...

Investment demand focuses on Western corridor

Carolyn Cummins Investors have started to move on acquiring numerous properties in Sydney CBD's western corridor.

Grand Hotel latest pub on the market

Carolyn Cummins More than $1 billion of pubs have changed hands in the past few weeks.

Property

GPT launches $376 million Metro Office Fund

5 Murray Rose Drive, Olympic Park is a seed asset for GPT metro fund.

Carolyn Cummins GPT has launched its well-telegraphed $376 million national Metro Office Fund to boost its funds under management.

Apartment demand puts Parramatta in lead for office sales

The $2 billion Parramatta Square project.

Carolyn Cummins Buyers are heading to Parramatta, which is considered the next growth engine for the office sector.