REAL ESTATE DEVELOPMENT – NEW SOUTH WALES

Contractors face crunch on cash flow

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Original article by Michael Bleby
The Australian Financial Review – Page: 1 & 6 : 19-Jul-21

The New South Wales government has imposed a two-week shutdown on construction across greater Sydney as part of its response to the COVID-19 outbreak. Shopping centre developer and owner Scentre Group responded to the shutdown announcement on 17 July by advising that it would close construction sites and place a halt on all shop fitouts at its Westfield centres across greater Sydney, while Multiplex closed all five of its construction sites in Sydney. BuildCorp boss Tony Sukkar says most companies within the construction sector should survive if the shutdown only lasts for two weeks, but things would become more problematic if it is extended.

CORPORATES
SCENTRE GROUP – ASX SCG, BROOKFIELD MULTIPLEX LIMITED, BUILDCORP COMMERCIAL PTY LTD

Grocon to build first major Sydney apartment project in 15 years

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Original article by Mercedes Ruehl
The Australian Financial Review – Page: 41 : 17-Sep-15

Grocon has acquired a residential development site in the Sydney suburb of Epping for $A56.5 million. The property developer plans a high-density apartment development for the site at 30-42 Oxford Street, comprising 250 apartments. The site is located close to the Macquarie Centre.

CORPORATES
GROCON PTY LTD, JONES LANG LASALLE INCORPORATED

Impresario’s Sydney stage

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Original article by Samantha Hutchinson
The Australian Financial Review – Page: 2 : 2-Dec-14

UK-based Ambassador Theatre Group wants a 1,650-seat lyric theatre to be included in the community facilities at the Central Barangaroo development in Sydney. It has proposed to build the theatre in partnership with Providence Equity Partners. Ambassador’s Sir Howard Panter says the lack of sufficient venues in Sydney means the city tends to be bypassed for major theatrical performances

CORPORATES
AMBASSADOR THEATRE GROUP, PROVIDENCE EQUITY PARTNERS INCORPORATED, LEND LEASE GROUP LIMITED – ASX LLC, MIRVAC GROUP – ASX MGR, GROCON PTY LTD, NEW SOUTH WALES. BARANGAROO DELIVERY AUTHORITY, SYDNEY THEATRE COMPANY

Eliza’s crowning glory yours for $15mn

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Original article by Samantha Hutchinson
The Australian Financial Review – Page: 47 : 6-Nov-14

Savills and McGrath are marketing a luxury apartment in the Sydney CBD on behalf of its developer, Ceerose. The 499sq m penthouse comprises three floors of the developer’s Eliza apartment building, which is adjacent to the Sheraton on the Park hotel. The penthouse is expected to fetch at least $A15m, and features four bedrooms, a lap pool, a marble staircase and a private elevator

CORPORATES
CEEROSE CONSTRUCTIONS PTY LTD, SHERATON ON THE PARK, LEND LEASE GROUP LIMITED – ASX LLC, SAVILLS (AUST) HOLDINGS PTY LTD, McGRATH REAL ESTATE PTY LTD, GROCON PTY LTD, COCO REPUBLIC, ARTBANK