Mar 28 2017Add to Favorites
Carolyn Cummins, The Sydney Morning Herald
Dial A Dump Industries has progressed with its $700 million energy from waste facility at Eastern Creek industrial park, with the lodgement of a submission for approval to the Planning Assessment Commission NSW.
The proposed facility has raised the tempers of the local community and the NSW Greens who fear the incinerator's environmental and health impacts. It covers four hectares and is located next to the company's Genesis recycling facility, which has been operating since 2012, on Dial A Dump's 120-hectare site in the estate.
SOURCE: The Sydney Morning Herald
Home loan approvals have fallen significantly off the back of the APRA and the Royal Commission initiatives together with new Responsible Lending Criteria. The ABS recently reported that home loan approvals have fallen by 13.6% year on year and within that, investment loans have come back by c.20%
Off the back of successfully settling a $48m syndicated first mortgage for a residential apartment development in Sans Souci just weeks ago, Sydney-based real estate investment manager Centennial Property Group (CPG) opened a new fund with a focus on the industrial and logistics market, Centennial Industrial and Logistics Fund II (CIL II). The fund, available only to wholesale and private high net worth investors, opened on 1 November and was seeking to raise c. $38 million. CPG closed the fund less than two weeks later, well before the official close date, due to oversubscription.
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