Vol 11. No.109
Friday 11 June 2010
Economic Overview
|
Current |
+/- |
Movement |
| $AUS/$US |
83.85 |
+1.28 |
 |
| Cash Rate |
4.50 |
Steady |
 |
| 90 Day Bill |
4.92 |
+0.02 |
|
| 10 Year Bond |
5.345 |
+0.040 |
|
| ASX 200 |
4435.3 |
+50.0 |
|
NSW Property
Qantas Headquarters update (AFR Pg.63)
Victoria Property
Southgate retail precinct refurbishment plans (AFR Pg.63)
-
Dexus Property Group is planning on upgrading the Southgate retail precinct.
-
The upgrade will include a new food court, escalators and frontage to Southbank Promenade.
-
The Waterfront restaurant will move from the Crown Casino into Southgate.
-
The $26 million refurbishment is yet to be approved, however, it is anticipated construction will commence in September and be completed by the end of 2011.
-
The Southgate complex includes 2 office buildings, a 9,000m² retail plaza and underground parking for 1,041 cars
.
Sources: As above
Disclaimer: All representations and information contained herein are made in good faith. The Information in this report contains material from other sources. Landsburys
Property Pty Ltd has not checked those sources and accepts no responsibility for the accuracy for that information. The information contained in this communication is
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