Tuesday, 12 May 2009

Erskine Park. Linfox buys site for $25.5m

The Linfox logistics group has purchased a 24,750-square-metre facility, at Erskine Park, from an undisclosed vendor for $25.5 million. Linfox is believed to be fitting it out for International Foods, according to The Australian Financial Review. Paul McGlynn, of Colliers International, said low interest rates made it more effective for logistics companies to own rather than lease assets.


Penrith. Shopping centre on the market

The Cranebrook Village Shopping Centre, at Borrowdale Way, Penrith, is for sale by expressions of interest and selective tender. The centre, with a site area of approximately 17,320 square metres, contains a supermarket and 10 specialty stores. Tender documentation is available at Penrith City Council. EOIs close on May 29.


Hawkesbury. UWS scientists boost research

The University of Western Sydney has purchased a sophisticated instrument that will help scientists further their research on projects as diverse as renewable energy and biological science. The Secondary Ion Mass Spectrometer (SIMS), which analyses the surface of materials, will be installed at the Hawkesbury campus. The facility will be used by researchers from across the disciplines at UWS and their colleagues from around Australia and internationally. It will be operational in mid-2009