Smithfield industrial warehouse sold for $27 million CBRE & Colliers
63 Britton Street Smithfield sold by CBRE’s Elijah Shakir, Jason Edge and Chris O’Brien together with Collier’s Gavin Bishop and Sean Thomson brokered the deal on behalf of the institutional vendor.
Charter Hall disposes of 2-30 Saintly Drive Truganina sold to Barings for $94.1 million
Charter Hall Group (Charter Hall or the Group) Core Logistics Partnership (CLP or the Fund) asset 2-30 Saintly Drive Truganina Victoria sold to Barings for $94.1 million, in line with book value, and with a passing yield of 4.7%. The transaction was brokered by Tony Iuliano of Cushman &...
The battle between buyers for land in Perth continues - Knight Frank
The buyer profile in Perth’s industrial market has been changing over the past few years as its strong fundamentals attract demand from a wider range of purchasers looking to benefit from the growing market says Geoff Thomson - Knight Frank Director, Head of Industrial Logistics, Western...
Two Industrial landholdings sold to owner-occupiers for over $5.2M in Melbourne’s’ North - Colliers
Colliers has successfully transacted two industrial landholdings off-market, as buyers jump on opportunities to secure vacant industrial sites. 205-207 Northbourne Road Campbellfield and 34 Yellowbox Drive Craigieburn sold for over $5.2million by Mitch Purcell and Corey Vraca of Colliers...
Centennial expands its asset management team hiring Jane Travers, Asset & Leasing Manager, Queensland.
Leading national property fund manager and developer, Centennial, has bolstered its asset and leasing management team, hiring former Charter Hall Asset Manager, Jane Travers to the role of Asset & Leasing Manager, Queensland.
PFM Corp set to relocate to ESR’s GreenLink Estate Cranbourne West - CBRE
Logistics and sensitive freight company PFM Corp is relocating from Dandenong South to Cranbourne West with its recent lease of a 15,400sqm warehouse to be delivered at ESR’s GreenLink Estate negotiated by CBRE’s South-East industrial team of David Aiello and Sasan Misaghian.
Dexus divests $25.3m prime industrial land in Melbourne’s west - CBRE
Dexus has sold 30,170sqm of premium industrial land in Melbourne’s west to two owner-occupiers for $25.3 million. CBRE’s Tom Murphy, Harry Kalaitzis and Fergus Pragnell brokered the deals on behalf of Dexus.
Irongate launches Industrial Property Fund with seed asset in Smithfield NSW - Colliers
Irongate has this week launched an unlisted industrial property fund, kicking-off with the $57.25m acquisition of a seed asset - adjoining industrial properties Sydney’s Smithfield. The property was exclusively sold to Irongate via Colliers Trent Gallagher, Gavin Bishop, Sean Thomson, and Peter...
Toll Group breaks ground with ESR Australia at A$420 million next- generation Retail Distribution and Fulfilment Facility
The facility is located in ESR Australia’s $1.2billion Westlink Industry Park in Kemps Creek NSW, one of Sydney’s fastest-growing logistics precincts. The new mega warehouse is set to handle 37 million parcels a year, with Toll taking up a 10- year lease over the 68,000sqm facility.
According to Orlando Maciel, Knight Frank Partner, Head of Industrial Logistics, New South Wales, despite a slowdown in momentum from what was a very hot market, the New South Wales industrial market is still seeing plenty of activity.