Friday, 27 June 2008

Westmead researcher wins prestigious award

Dr Linda Bendall, at the Westmead Millennium Institute, has been recognised for her cancer research into the treatment of leukaemia by being awarded the Premier's Award for Outstanding Cancer Research Fellow. Dr Bendall’s laboratory has led research into the ways cells interact to cause acute lymphoblastic leukaemia (ALL), which occurs most commonly in children. Her research uncovered new information about factors which may slow or prevent the growth of leukaemia. In the coming year, this research will very likely be taken into new clinical trials testing these promising new treatments.


Kennards and Valad dissolve partnership

The Homebush-based Kennards Self Storage will progressively acquire Valad Property group’s 50 per cent share in the business, which has 36 outlets in the metropolitan area, including those in Parramatta and Rydalmere and 10 other locations in Western Sydney. The decision to break was mutual, said MD, Sam Kennard In 2004 Kennards and Valad teamed up to acquire 24 properties under the Millers Self Storage brand. The transaction is expected to be completed by June 30, 2009, according to The Australian Financial Review.


National Storage may seek a new partner

National Storage which has more than 60 properties nationwide, including those at Minchinbury and Seven Hills, in Western Sydney, is likely to seek a new partner following the decision by the unlisted APN National Storage Property Trust to sell its $346 million portfolio, by November, to avoid an expensive refinancing that might have slashed distributions by up to 24 per cent, according to The Australian Financial Review.