trending Market Intelligence /marketintelligence/en/news-insights/trending/mmei4umausw9flr_rh5y1q2 content esgSubNav
In This List

City of Sydney seeks over A$200M sale of development site

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Video

S&P Capital IQ Pro | Powering Your Edge

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Enterprises are missing out on 24B by not optimizing cloud spending not going multicloud


City of Sydney seeks over A$200M sale of development site

The City of Sydney has placed a 1.2-hectare site in the Pyrmont district on the market for over A$200 million, The Australian Financial Review reported.

The site at 14-26 Wattle St. previously served as a council depot and has planning permission in place for a 50,000-square-meter mixed-use development featuring apartments, a childcare center and a city-owned indoor recreational center.

The local authority will use net proceeds from the sale to finance the A$1.7 billion, 10-year capital works program of the city, the Sept. 4 report added.

CBRE is managing the sale.