Sunday 2 December 2007

BizBriefs

Pack and Send, which opened its first store in Parramatta in 1993, will celebrate its fiftheenth year in business in 2008 and expand overseas. It has trademarked the brand in 50 countries and plans to open 1000 stores around the world. Its turnover is $30 million plus ... Jim Flemming, former supermarket magnate and former Sydney Turf Club chairman, has died at the age of 75 ... Anne and Peter Breen, former publisher and editor, respectively of the defunct monthly "Sydney Business Review" have been made life mebership of the Parramatta Chamber of Commerce ... Leading Indian IT company, Wipro, is understood to be looking for office space in Parramatta to establish a global IT services centre ... Some 51 per cent of respondents to a council survey expressed confidence in where council was taking Parramatta; the figure was up 3 per cent on 2006.

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$150 million office proposal

International property group, Grosvenor Australia has purchased a two sites on the corner of Hassall and Station streets, for more than $21 million. The company, in a joint venture with Leighton Properties, propose to develop a 14-storey, 22,500-square-metre office building worth more than $150 million on a 3203-square-metre site. A completion date is expected in late 2009, subject to council approval. Grosvenor and Leighton developed the recently completed $60 million office building on the corner of Smith and Macquarie streets.

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