Tuesday, 1 February 2011

Region. Major industrial projects

CBRE’s industrial review highlights a series of major projects that are either underway or about to commence, in Western Sydney including a new 82,000 square metre distribution centre for Metcash, a 50,000 facility for Kmart, a new Best and Less centre totaling 36,000 square metres and a facility for Cassons totaling 17,000 square metres.


Parramatta. Bus service to Hurstville

The new Metrobus M91 service will deliver an extra 291 services a week providing an additional 16,878 passenger spaces for people travelling from Parramatta to Hurstville, from February 7. The service connects Parramatta, Granville, South Granville, Chester Hill, Yagoona, Bankstown, Padstow, Peakhurst, Penshurst and Hurstville.


Region. Kickstarting major projects

The development hiatus in Western Sydney is officially over, with major projects totaling 556,043 square metres due to be completed this year in the Outer South West, Central West and North West markets according to new research from CB Richard Ellis, whose NSW industrial director, Jason Edge, said developers such as DEXUS, Australand and Goodman were now kickstarting a range of major projects to capitalise on renewed tenant demand.