City fringe

Sydney’s action-packed pub market is set to be fuelled further as the Ingleburn Hotel is put up for sale for the first time in 60 years.

There was no secret recipe to the sale of a popular fast food outlet at Mentone. 

Childcare movers and shakers Mike Wu and Shan Kuo continue to establish themselves as industry king pins after launching a divestment strategy that could net more than $150 million. 

Singaporean sovereign wealth fund GIC has extended its holdings in the western Sydney hub of Parramatta by snapping up the Jessie Street Centre, in league with property funds group Charter Hall, from Canadian group Brookfield for about $420 million.

Long before it was a bustling retail strip in the heart of Mornington Peninsula, it was an historic cinema and then a dance hall where American soldiers were known to kick up their heels. 

Supermarkets are proving to be the hardiest part of the shopping centre industry with Coles selling successfully selling off two centres in NSW for a total of almost $45 million.

If it sounds too good to be true, it very well could be.

A Chinese group has swooped on an office block in the heart of Parramatta for about $82 million as Sydney’s suburban office boom rolls on, with new benchmarks being set across the city.

A development in Sydney’s western suburbs mooted as the next major Amazon facility has won approval, with supermarket giant Coles already slated to move into the estate being developed by Goodman and Brickworks.