Region. Limited A-grade industrial land

There is a limited supply of A-grade buildings over 10,000 square metres currently in Western Sydney, according to Colliers International Market Snapshot-Western Sydney, Winter 2010. This has not yet resulted in any “spec” development along the M4 corridor, despite the undersupply. This is mainly due to a general reluctance on any leasing funding risk. Existing building rentals have remained relatively stable and Colliers was experiencing increased levels of genuine leasing enquiry, the report said.

Rouse Hill. GPT's ATMs at shopping centre

GPT Group has introduced its own automatic teller machines at its $475 million Rouse Hill Town Centre. GPT chief executive, Michael Cameron, said four ATMs, which are being trialled at the 70,000 square-metre centre. GPT receives a portion of every $2 transaction fee charged. The machines are owned by Aussie ATM, which looks after the servicing and secure cash transits.

Region. Three properties sold

A 6200-square-metre property, formerly tenanted by Australian Sweets, on Parramatta Road, Homebush, has sold for $7.5 million. A McDonald’s restaurant, on Victoria Road, West Ryde has sold for $3.35 million. A 2200-square-metre office building, at 331 High Street, Penrith, has sold for $6.05 million.

Bankstown. 34 hectares for sale at airport

Receiver KordaMentha, has moved to sell, through Colliers International, 34 hectares at Bankstown Airport, that was held in a venture between Mirvac Group, Leighton Holdings and Perth-based superannuation fund, Westscheme, according to The Australian Financial Review..