DWS has acquired 32–36 York St., a boutique office building in the heart of Sydney’s CBD, from a local private real estate developer. The transaction, on behalf of two DWS-managed German real estate funds representing institutional and retail investors, was sourced and executed by the Australia-based investment team.
36 York St., comprising a recently completed office redevelopment with ancillary retail and newly built extension, has been integrated with a historic 1886 timber‑structured warehouse at 32 York St. to form a modern, high‑quality boutique mixed‑use asset. With a total lettable area amounting to approximately 8,200 square meters (88,264 square feet), the refurbished office features generous window frontages, increased ceiling heights, and new end‑of‑trip facilities, while ground-level restaurant, bar and café offerings enhance the mixed‑use concept. Its strong environmental, social and governance (ESG) credentials include a five‑star Green Sta