Region. $20 million to expand Macpac

Jan Cameron, founder of adventure wear company, Kathmandu, which she sold to Quadrant Private Equity for $300 million, in 2006, will invest up to $20 million in the New Zealand –based, outdoor adventure wear company, Macpac, which has an outlet in Katoomba. Ms Cameron will help Macpac to expand by leveraging off the warehouse facilities and supply chains of her privately owned North Ryde-based Retail Adventures discount stores.

Yennora. Stockland to keep facility

Stockland will keep its flagship $350 million Yennora industrial distribution centre, the biggest in the country, after saying it was selling a number of industrial assets to focus on its ''three R'' strategy of retail, residential and retirement. Fund manager, 360 Capital, is to launch a $336 million listed industrial trust with seven new properties it has acquired from Stockland across Victoria, Queensland and NSW as the cornerstone assets.

Sydney Olympic Park. Work on office building

Work on a new six-storey commercial office building, in Murray Rose Avenue, in Sydney Olympic Park, is expected to commence as soon as Department of Planning approval is received. The building, opposite the train station, will incorporate five floors of commercial offices, with ground floor retail and 2 levels of underground car parking. To be built by developers FDC Construction and Fit Out Pty Ltd, the new building is expected to open in late 2012 and house up to 350 workers. This new, A-grade commercial office building will sit alongside the Watpac-developed 8 Australia Avenue building, which was recently purchased by a managed fund for $30 million.Several other commercial developments are in the pipeline as the property markets interest in the precinct increases.

North Ryde. New CEO of Macquarie hospital

Carol Bryant, CEO, of Westmead Private Hospital, has been appointed CEO, of the 183-bed state-of-the-art Macquarie University Hospital, opened in June 2010. She will take up her new role in early June when founding CEO, Robert Glynn, steps aside to relocate interstate for family health reasons. Chairman,hospital board, Dr Peter Dodd, said that Ms Bryant's outstanding track record as CEO, of Westmead Private, over the past nine years amply demonstrated her ability to run a leading private hospital in the Sydney area.