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Written by Marc Pallisco
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Monday, 22 February 2010 09:13 |
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AUSTRALAND has made about $1.35 million from the sale of a 1.55 hectare vacant industrial site in Adelaide.
The 21 – 81 Frost Road site, in Salisbury South was once part of a larger Australand development, but the group; deemed the site surplus to its needs, according to the AFR which reported the sale.
The new owner, building and construction products manufacturer BGC, will relocate to the premises from Albert Park. |
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Written by Marc Pallisco
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Saturday, 20 February 2010 01:04 |
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ADELAIDE’s Chinatown precinct is set for a $150 million residential and commercial project.
A joint venture between listed solar energy firm Advanced Energy Systems and Chinese property group Tangcheng Group is proposing a six-storey, 300-unit apartment project for the 171 – 207 Gouger Street site.
The majority shareholder in AES is billionaire Chenghui Xu, the AFR reports.
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Written by Marc Pallisco
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Wednesday, 17 February 2010 23:38 |
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DEVELOPER Lang Walker has been given the green light to build a $2 billion residential village in Adelaide’s north.
The South Australian government approved the first stage of the project, which will provide 614 houses and a town centre.
The Buckland Park project will spread over 1340 hectares, and offer 12,000 housing lots over the next 26 years.
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Written by Marc Pallisco
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Monday, 08 February 2010 00:37 |
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LOGISTICS giant Toll NQX has leased a 20,000 industrial property at billionaire property developer Lang Walker’s Vicinity Industrial Estate, in Adelaide.
Vicinity is near the mouth of Adelaide’s $560 million Northern Expressway (http://www.northernexpressway.sa.gov.au/).
Mr Walker told the AFR Toll’s lease vindicates his decision to focus on developing industrial estates on key transport routes and where the government is investing.
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Written by Marc Pallisco
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Friday, 22 January 2010 21:57 |
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ADELAIDE’s Chelsea Cinema will be sold.
Despite a public campaign to rescue the 85-cyear old cinema, Adelaide Now has reported the Burnside Council is seeking expressions of interest, which would see the 1810 square metre State Heritate listed cinema site sold.
An adjoining 725 square metre block at 39 May terrace is also available as part of the EOI campaign, set to close on February 26.
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