City fringe

Malaysia-listed Eco World International Berhad has swooped on a prime apartment site in Macquarie Park in Sydney’s booming northwestern suburbs, for a $139 million mixed-use project. 

Theme park and entertainment centres operator Ardent Leisure was on the mend after a period of turmoil, new chairman Gary Weiss told the company’s annual general meeting on Monday.

The Bowden Group has reaped $90 million from the sale of its two Sydney hotels, the Hurstville Ritz and the Cabramatta Hotel, in a record pub deal for the year.

Brothels remain hot property on the commercial property market, with a number of well-known and longstanding venues currently for sale.

When it comes to Australia’s most unique commercial properties, this one might take the cake. The chance to lease and revitalise the historic Jack’s Magazine site in Melbourne looms as a once in a lifetime …

The listed Growthpoint Properties Australia has offloaded a Woolworths national distribution centre and the attached Victorian state head office in Melbourne’s eastern suburbs to a private group in a deal worth $90.75 million. The sale …

It is shaping up as the year of the mega deal for top shopping centres, after mall landlord Vicinity Centres and Singapore’s sovereign wealth fund GIC agreed to swap assets worth a combined $1.1 billion.

The Chester Square Shopping Centre in Sydney’s southwest has been sold by a Smorgon family-linked company for $68.5 million on one of the tightest ever yields at which a neighbourhood shopping centre has traded.

Meal subscription service Marley Spoon has expanded its Australian operations, leasing a production and storage facility at Altona North in Melbourne’s west.