A Sydney based private investor has paid $13.2 million for a Big W-anchored retail centre at Cessnock in regional NSW.

Savills Australia and New Zealand has appointed two senior leaders to its valuations and advisory team, bolstering the capabilities and expertise in the global real estate brand’s Sydney office.

Nearly 40 percent of the $26.9 billion total Australian investment in commercial property in 2016 was spent in New South Wales.

Two adjoining property lots in Como have hit the market, presenting buyers with an exceptional opportunity to redevelop within the Canning Bridge precinct.

A prime landholding opposite Port Melbourne’s North Port Oval has been offered to market, with permits and plans in place for the development of luxury apartments which will capitalise on the location and stunning park and city views on offer.