City fringe

Sydney Airport Corporation is attempting to stop hotels within the airport precinct from using the valuable “Sydney Airport’’ moniker to attract tourists by claiming a trademark infringement that prohibits the use of the words.

Fort Street Real Estate has swooped on the Keilor Central Shopping Centre in Melbourne buying the major subregional centre for $113 million.

It takes vision to imagine a cow paddock on Melbourne’s western fringe being transformed into a $150 million soccer stadium surrounded by a commercial property precinct within five years.

QIC Global Real Estate and joint venture partners MAB Corporation and Gibson Property Corporation will start work in the new year on the $40 million first stage of their Merrifield City Centre in Melbourne’s northern growth corridor.

Offshore buyers are setting a cracking pace buying office blocks across Sydney’s suburbs and major centres in NSW but local groups have also bought up in the latest $300 million worth of transactions.

A school linked to the controversial Church of Scientology is selling off its netball court and grounds for a million-dollar sum.

A local investor has paid $2.6m for a unique listing at Kenthurst comprising of a residential home and a separate kindergarten.

GPT has locked in insurance group QBE as anchor tenant at its $300 million office development in Parramatta.

A red hot sale of a Country Fire Authority office in Lilydale has been sealed, with the building snapped up by a health organisation.