Business

Carolyn Cummins

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

A Clovelly freehold building directly opposite the popular Clovelly Hotel at 338-342 Clovelly Road has sold to a private ...

Clovelly asset breaks local records

A prominent Clovelly freehold building at 338-342 Clovelly Road, directly opposite the Clovelly Hotel, has been bought by a private investor and owner-occupier for $2.92 million.

Takeovers and share buybacks could dominate the A-REIT sector, which invests in office towers.

Property trusts looking at buybacks as takeovers loom

The "will they, won't they" move on Investa Office Fund by its largest shareholder, Cromwell Corp, has thrown the spotlight on to the real estate investment trust sector, prompting speculation of a fresh round of mergers and acquisition activity in the coming year.

The Presbyterian Church Property Trust is believed to have paid more than $15 million for a beach front site, which ...

Presbyterian Church Property Trust boosts its portfolio

The Investa Commercial Property Fund has cemented its position in the group with the purchase of an 8.94 per cent stake in Investa Office Fund from Post Sale Portfolio Issuer Pty Ltd, a company owned by funds managed by Morgan Stanley Real Estate Investing (MSREI).