Wednesday, 31 October 2007

Testing the water

Three buildings which are on the market in the Parramatta CBD will test investor interest in the city. A building, at 300 Church Street in the CBD core, is a 3-storey brick building with a GLA of 800 square metres, and leased to Cash Converters until September 2011. It will be auctioned by CBRE on November 1. Another building at 259 Church Street, with a building area of 300 square metres over two levels, and fully leased to a retail tenant, will be auctioned on November 8 by Richard & Wrench Parramatta. The Parramatta Club, in Hunter Street, a 1516 square-metre building over two levels, will be offered with vacant possession. Jones Lang LaSalle has called for expressions of interest to close on November 26.


Students get a new edge

New business degrees at the University of Western Sydney provide students with the most up-to-date and industry-relevant business education. The new courses to commence in 2008 are the Batchelor of Business and Commerce and the Master of Business and Commerce (Applied Service Management). The first is a specially targeted learning and leadership initiative aimed at high-achieving business students who receive a UAI of 90 or above, and the second, developed in consultation with industry partners, provides industry-specific knowledge and relevant professional business skills for managers in the services sector.


No casino for Rosehill

The Sydney Turf Club's proposal to build the a casino at Rosehill Gardens Racecourse has been dashed with the NSW Government's decision to award Tabcorp a 12-year extension of its Star City casino licence in return for a $100 million upfront fee, thus ruling out any second casino in the state. Tabcorp will invest $300 million to upgrade Star City.