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Ozito Industries takes the first tenancy in Frasers Property Industrial’s Dandenong South development

Frasers Property Industrial has secured power tools and garden products company Ozito Industries Pty Ltd (Ozito) as the company’s first tenant in the Rubix Connect industrial estate in a deal negotiated by CBRE Senior Directors David Aiello and Stephen Adgemis.

Deals

Telstra data centre sold to Centuria Industrial REIT for $417 million

Telstra has entered into an agreement to sell its data centre complex in Clayton, Victoria to Centuria Industrial REIT for $416.7 million.

South Australia (SA)Adelaide

Deals

South Australian distribution centre sold to Primewest

Primewest has purchased the high-profile Border Express distribution centre in South Australia, completing the fifth acquisition in its Industrial Income Trust No 3 since its launch 12 months ago.

News Roundup

https://www.theaseandeveloper.com/news/2020/04/30/its-important-be-conscious-timelines-how-developers-are-adapting-covid-19/1588210194

It's important to be conscious of timelines': How developers are adapting to Covid-19

Dan Holden, founder of commercial brokerage firm HoldenCAPITAL, outlines where the challenges lie for Australia's developers moving forward.

The ASEAN Developer

https://www.commo.com.au/news/2020/04/21/how-make-sense-property-values-time-covid-19-when-there-no-market/1587449750

How to make sense of property values in the time of COVID-19, when there is no market

Urban Property Australia Founder and Managing Director, Sam Tamblyn examines how commercial property price trends will be determined in the wake of COVID-19.

COMMO.

https://www.therealestateconversation.com.au/news/2020/04/29/how-much-the-banks-generosity-costing-you/1588121720

How much is the Bank’s generosity costing you?

REINSW CEO Tim McKibbin questions who really is footing the bill when it comes to banks, landlords and tenants.

The Real Estate Conversation

https://www.thehotelconversation.com.au/news/2020/04/26/virtual-wine-tasting-wine-lady/1587871696

Virtual wine tasting by the Wine Lady

How DRNKS, a niche Sydney business evolved with the changes COVID-19 restrictions imposed upon them. WILLIAMS MEDIA spoke with Ella Stening, 'Wine Lady' of DRNKS.

The Hotel Conversation

https://www.therealestateconversation.com.au/2019/11/20/sydneys-most-expensive-property-has-sold-140m/1574211855

Sydney's most expensive property has sold for $140m

Kylie Rampa CEO of Property Lendlease says the $140 million sale of the One Sydney Harbour penthouse and sub-penthouse presents a paradigm shift in Australian property smashing $100,000 per square metre.

The Real Estate Conversation