Tuesday, 3 July 2012

Region. News Ltd wants space

News Ltd is looking for 2500 square metres to 12,000 square metres of high-grade office space, in a building with large footplates, to lease in the medium to long-term, in Western Sydney, as well as Chatswood. Industry sources suggest the space could be used to house its NSW community news group, NewsLocal, formerly know as Cumberland Courier Newspapers, which is now currently headquartered at 142 Macquarie Street, Parramatta. In 2011, approval was granted for stage 1 for the demolition and construction of stage 1, of a six-storey retail/commercial building, and stage 2 conceptual approval for stage 2, a 37,873-square-metre commercial building. Estimated cost of the work: $52 million.



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