Editors Picks
15 April 2018
$14M PROFIT IN THREE YEARS
SYDNEY developer Aland has sold the 138-metre tall, 330-apartment Peak project, at 14-20 Parkes Street, Parramatta, to Singapore-listed CWG International for $40 million, three years after picking up the site for $26 million. The property had been on the market for more than two years.
15 April 2018
LAGOON PLAN FOR OLYMPIC PARK
PLANS for an open water surf sports lagoon at Sydney Olympic Park have been approved by the NSW Department of Planning and Environment, with the $24 million facility scheduled to open in late 2019.
15 April 2018
$120M BUSINESS HUB PLANNED
CHARTER Hall Group, in partnership with Commercial Industrial Property, proposes to develop a $120M industrial project on a 19-hectare site leases from the Western Sydney Parklands Trust for 90 years. The project, to be known as the Bringelly Road Business Hub, would have about 80,000 square metres of gross lettable space, to be delivered over an estimated five years.
15 April 2018
NSW RECORDS HIGHEST GROWTH
NSW has recorded the highest economic growth rate of all mainland states, increasing its State Final Demand by 1.0 per cent in the December quarter.
15 April 2018
APPROVAL FOR $5M MOTOCROSS
BLACKTOWN City Council has approved a DA for a $5 million motocross park, at Eastern Creek, where a specially built air dome will cover a two-track motocross stadium with seating for 6000 customers.
15 April 2018
CHILD WINDOW SAFETY LOCKS MANDATORY
LAWS designed to enhance child safety have come into force across NSW, with window locks now mandatory on strata buildings, Minister for Better Regulation Matt Kean said.
15 April 2018
LABOR HAS BETRAYED US: AYRES
LABOR’S backflip on the Powerhouse Museum is demonstration that the party has abandoned Western Sydney, Minister for Western Sydney Stuart Ayres said.
