Thursday, 16 July 2009

Parramatta. Application to wind up firm

Abacus Property Group has applied to wind up Premier Parking (NSW) because of outstanding payments for the Italian Forum car park, in Leichhardt, and Stockland and the Commonwealth Property Office Fund have also joined the move, replacing Premier as the operator of 110 Walker Streets and 201 Miller Street, in North Sydney, according to The Australian Financial Review. The family-owned company, based in the Parramatta CBD, commenced operations in the city in 1984. It is one of the largest car-parking businesses in Australia.