Region. International sponsor for AFL team

The AFL's newest team, known at the moment as Team GWS (Greater Western Sydney), will be reveal next week the colours and name of the team preparing to join the competition in 2012 and its first major sponsor, said to have signed a three-year deal. The club's CEO, Dale Holmes, said the sponsor was a multinational company with a base in Western Sydney. The club was still trying to secure a second major sponsor. The team name has been chosen through a public campaign, which attracted about 20,000 suggestions.

Rosehill. Appointment of independent directors

The NSW government is inviting applications for three independent directors of the merged STC and AJC racing clubs. The positions are voluntary and for a four-year term The foundation board of directors will consist of three independent directors and three appointed by the racing clubs.

Region. Three firms win water awards

Three regional businesses are winners in Sydney Water’s annual business water efficiency awards: Swift Electroplaters, Silverwater – save water by recycling the rinse water they use in the electroplating process; Diageo Australia, Huntingwood – save water by improving maintenance and continuing to look for opportunities to improve water efficiency in the manufacturing process; and Merck, Sharp & Dohme, South Granville – save water by re-directing clean waste water from is purified water systems to the utilities cooling tower, and improving water efficiency in taps, toilets and showers.

Region. UWS signs agreement

The University of Western Sydney and Intellectual Ventures (IV) have signed a master license agreement to develop inventions and finance patenting costs for inventions. Professor John Ingleson, deputy vice-chancellor (international and development) said the agreement will see more opportunities for ideas and inventions at the UWS to be commercialised. "The agreement with Intellectual Ventures will open up more opportunities for UWS researchers to tap into a global source of funds and commercialise their ideas - particularly ideas which are in the early stages of development," he said. Intellectual Ventures is a $5 billion organisation that funds the creation, dissemination and use of technological inventions.

Castle Hill. Property sold for $4.5 million

Receivers and managers, Korda Mentha, have sold a 1735-square-metre building on Old Castle Hill Road, owned by Mileto House, for $4.5 million. The building is 90 per cent tenanted by long-term tenants.

Yennora. Property sold for $5.35 million

Stockland has bought a 20,850-square-metre vacant property on the corner of Byron and Military roads, Yennora, for $5.35 million. The property, adjacent to the group’s distribution centre, includes a 6728-square-metre building purpose built for the vendor, the Australian Wool Testing Authority.

Parramatta. 220-unit project approved

The Sydney West Joint Regional Planning Panel has approved the demolition of buildings and construction of a 19-storey mixed-use development containing 220 residential units and ground floor commercial office space, over three levels of basement parking space, with strata subdivision, on a 2701.6-square-metre site, at 36-46 Cowper Street (on the corner of Cowper and Parkes streets). The applicant was Sonenco Group Pty Ltd and Jamaj Investments Pty Ltd. Estimated cost of the work: $35.7 million.