Receivers and managers of an Xpress Group subsidiary, the company being pursued by NAB for allegedly conducting a $43 million fraud scheme, has put up for sale some of the company’s NSW petrol stations.
The petrol stations up for sale are owned by Press Australia, a key property arm of Xpress. The portfolio consists of 11 petrol stations primarily located across regional NSW, with one of them being located in the south-western Sydney suburb of Denham Court.
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Campbell Kwan covers commercial and residential real estate for The Australian Financial Review, based in the Sydney newsroom. He was previously the breaking news reporter. Email Campbell at campbell.kwan@afr.com
