Sentinel divests balance of Brisbane business park
Sentinel has sold the balance of a Brisbane business park held 14 years. The Warren Ebert backed fund manager is
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Industrial
Government buys site for electric bus fleet
The state government has bought a major north east Perth industrial site to repurpose as a charging depot for its
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Developer buys balance of Melbourne quarry
A prominent developer has bought the balance it didn’t control of a former Boral quarry in a growth corridor south
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New JV spends $1.8b on life science assets
Warburg Pincus and Lendlease have swooped on a $1.8 billion (S$1.6b) portfolio of Singapore life science buildings. Speculated to include
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Logistics giant expands at Melbourne Airport
Cope Sensitive Freight has leased a major facility at Melbourne Airport, 16 kilometres north west of town. Construction of the
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Developer fills business park after spec warehouse deals
Elite Property Group has built out and, now, fully leased a Melbourne business park. The local builder secured two tenants
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Partnership drops $600m on incomplete Melbourne business park, intermodal terminal
Aware Super Real Estate and Barings, formerly known here as Altis Property Partners, are paying $600 million for an industrial
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Iveco recommits to ex-Metro Tunnel office
Truck giant Iveco, which three years ago ceased manufacturing in Australia – it now imports, mostly from Spain – has
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New-to-Australia car brands drive another lease deal
Demand for a swag of new-to-Australia car makes has driven another industrial lease deal. This time, Lansvale Motor Group, which
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Mitre 10 swoops on ex-rival outlet
Mitre 10 has leased part of a prominent ex-Masters outlet, now a logistics investment, abutting the St Marys Leagues Stadium,
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Unexpected buyer swoops on disaster recovery centre
Westpac has sold a Sydney data centre turned disaster recovery facility for $23.05 million. The five level, 5629 square metre
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Fund manager snares Perth data centre
Centuria has bought a 15 year old Perth data centre for the Industrial REIT (CIP). The two storey facility on
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Centuria sheds another Canberra asset
Centuria has sold a Canberra warehouse held eight years by its Industrial REIT (CIP). The Grace Removals occupied asset with
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Pepsico commits to Adelaide warehouse
Charter Hall has secured Pepsico to Adelaide’s Edinburgh Logistics Park. The Smith’s Snackfood Company parent has signed up for a
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RF Corval scoops up west Sydney warehouse
EXCLUSIVE RF Corval has bought its third major industrial investment in two months. At Villawood, it is also the second
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Spanish engineering giant sells under-utilised industrial site
EXCLUSIVE Engineering giant Acciona has sold a north west Sydney industrial holding for 10 per cent less than expectation when
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Blackstone swoops on Brisbane business park
Blackstone is replenishing its industrial portfolio, picking up a business park abutting Brisbane Airport from Dexus. The 3.43 hectare investment,
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Arcana selling maiden Mackay asset
EXCLUSIVE Arcana Capital is selling its maiden Mackay investment after eight years. The off-market deal for 91 Connors Road, Paget,
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Melbourne council locks up prominent site for park
EXCLUSIVE Another council will invest developer contributions on a locked-up site to repurpose as a park. The City of Melbourne
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MAB wins long battle to develop tip buffer site
On its first attempt with the planning minister, MAB Corporation has won a long battle to develop a prime infill
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Sydney warehouse quietly sells for $40m
A Canada based family office has purchased a 1.8 hectare Prestons investment – negotiating directly with the vendor. Represented by
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Self storage giant secures maiden Queensland asset
EXCLUSIVE Singapore based StorHub is powering through its $460 million budget for local product snapping up a distribution centre in
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Fund manager boosts south east Melbourne industrial portfolio
EXCLUSIVE RF Corval has quietly purchased an industrial investment on over two acres in the middle ring Melbourne suburb of
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Global self storage giant invests again in Australia
EXCLUSIVE Singapore-based Warburg Pincus-backed StorHub has added another Australian asset to its book, this time in Melbourne’s south east. The
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Tesla leases enormous site for “graveyard” of unsold cars
EXCLUSIVE A month after it was revealed a “graveyard” of unsold Teslas are sitting at Port Melbourne – the Elon
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Fund managers trade $102m industrial estate
EXCLUSIVE ESR has sold a multi-building business park picked up with its takeover of Propertylink in late 2018. The 5.8
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Victorian Livestock Exchange accepts discount on Pakenham site
The Victorian Livestock Exchange is the latest group affected by fading fortunes in Melbourne’s commercial property market, selling a vacant
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Another shoemaker shifts HQ across town
Urban Shoemakers will shift its base to a piece of the ex-CMI Music and Audio headquarters, now a small business
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Fund managers trade Canning Vale warehouse
Harmony Property Investments has bought another Canning Vale asset. The 1.53 hectare holding with a 5642 square metre office/warehouse at
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Cadence exits another industrial site in the black
Cadence Property Group is celebrating another windfall selling a major Melbourne industrial development site shortly after settlement. The 4.4 hectare
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