Wednesday, 20 April 2011

Sydney Olympic Park. $30.15 million sale

Centuria Capital has bought a five-level commercial building, in Sydney Olympic Park, for $30.15 million, from Watpac. The property comprises 5937 square metres of office space and 673 square metres of retail space. The building is fully leased to tenants including Watpac, Fujitsu and the Sydney Olympic Park Authority.


Wentworthville. Mall may be sold for $18.3m

Metroland Australia expects to settle soon for the sale of The Mall Wentworthville to Austino Wentworthville Pty Ltd, for $18.3 million.


Parramatta. Concern over Shell closure

The Parramatta Chamber of Commerce hopes that all levels of government become involved in discussions with Shell to head the proposal for the possible closure of its refinery at Clyde. The Western Sydney economy and its employment opportunities rely heavily on manufacturing and the Camellia area is home to other manufacturers. The area is a vital part of the Parramatta business community and an important employment hub, the chamber said. Shell employs 310 people at the refinery.