Borders sold to a competitor

Borders bookstores in Parramatta, Macarthur Square, Campbelltown and Macquarie Park, North Ryde, are included in the sale of the company’s 30 stores in Australia, New Zealand and Singapore, to private equity firm, Pacific Equity Partners (PEP), for $110 million. PEP owns competitor Angus & Robertson.

Catholic cemetery is on the market

The Liverpool Catholic Club has put up for sale its 10-hectare Catholic Lawn Cemetery, at Kemps Creek, which it had purchased 10 years age. It has a book value of $1 million and averages 110 burials annually.

Parramatta hotel changes its name

The Stella Hospitality Group, the third largest branded hotel group in Australia, has acquired the Pacific International Suites, in the Parramatta CBD, and renamed it the Mantra Parramatta. In addition to Mantra, the group’s brands include Peppers, Breakfree and Protea. The group has some 15,000 rooms.

IT firms on show at CeBit Australia 2008

Five firms in the Parramatta-based Western Sydney IT Cluster firms were a significant presence at CeBIT Australia 2008, Australia’s major international ICT trade show Atmail, CeBIT Mobbiexpress, Codec, Etime Biz. NSW Pavilion promotes the innovation and diversity of the New South Wales ICT sector in servicing the business market and is managed by the NSW Department of State and Regional Development.