City fringe

National fuel and convenience retailer 7-Eleven will auction a second and final portfolio of 18 stores across Australia, as demand for the assets hits fever pitch.

Subdued business conditions and a lift in new developments have prompted a drop in space being taken up in office towers in the heart of Sydney but demand in the country’s resources capitals is holding up.

Apartment mogul Harry Triguboff has joined the growing band of developers buying out entire apartment blocks, with the acquisition of 60 units in an existing ­development in Sydney’s Macquarie Park.

The retail property market has received a boost with US private equity giant Blackstone sealing a deal to sell the Brimbank Plaza shopping centre in Melbourne’s northwest to a consortium led by Malaysian-backed group Mulpha for about $150 million.

High-profile property companies, the Roberts family-backed RF CorVal and Melbourne-based Grocon, have struck fresh deals in the western Sydney hub of Parramatta where billions of new developments are in the pipeline.

Healthy demand for office space in suburban Sydney is prompting a series of new projects with Singapore-backed Frasers and the private Winten Property Group winning the deal of approval for a $750 million development.

The John Bond-led Primewest has snapped up an office block and a shopping centre in Western Australia in deals worth $65m in total as it buys fresh assets that will add to its $4 billion property funds empire.

It looked like the deal of the century — or the deal of the half-­century, at least.

The former Denistone East Uniting Church, which a decade ago became one of the first parishes to hold its services spoken in Korean only, has sold.