Vol 11. No.13
Wednesday 20 January 2010
Economic Overview
|
Current |
+/- |
Movement |
| $AUS/$US |
92.37 |
+0.17 |
 |
| Cash Rate |
3.75 |
Steady |
 |
| 90 Day Bill |
4.20 |
-0.03 |
 |
| 10 Year Bond |
5.485 |
-0.035 |
|
| ASX 200 |
4861.2 |
-49.9 |
|
National Property
Alkimos coastal city project (AFR Pg.50)
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The Western Australian government is today expected to name Lend Lease’s residential arm, Delfin Lend Lease as the developer of the 710 hectare, $1 billion plus Alkimos coastal city project, situated 40km north of Perth.
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Initially Lend Lease will develop 224 hectares of the site for urban use with construction of commercial and educational hubs and a town centre to follow.
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LandCorp, the Western Australian governments land agency, expects lots at Alkimos to be released by the end of 2011.
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The new precinct will include approximately 30% of open space and is to house 50,000 people within 30 years.
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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