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Showing 101 - 110 of 708 results for "Lease"

Coombes Property Group adds to industrial portfolio

CHLOE WALKER  |  TUESDAY, 19 APR 2022
Sydney-based developer Coombes Property Group (CPG) has made its first major acquisition in the industrial sector after the purchase of a large site near Sydney Airport for just over $25 million. Led by Michael Coombes, CPG is best known for its residential ...

Charter Hall, Investa in $800m JV

CHLOE WALKER  |  TUESDAY, 12 APR 2022
... 360 Queen Street, which will provide a new benchmark for Queensland's premium office sector when it opens in 2025." "These lease agreements signal a clear resurgence in the office sector. "We are seeing flight-to-quality where premium, state-of-the-art ...

Warakirri acquires stone fruit orchards

JAMIE WILLIAMSON  |  TUESDAY, 5 APR 2022
... orchards in Australia. They are the first investments made by the Farmland Fund which was launched last year. Under a 20-year lease partnership, W. F. Montague's stone fruit production footprint will expand to be one of the largest growers of premium ...

Centuria joins forces with Morgan Stanley

KARREN VERGARA  |  WEDNESDAY, 16 MAR 2022
... million Mater Private Hospital. The three hospitals are collectively worth $210 million based on a 12-year weighted average lease expiry and assume a 99% occupancy rate. Centuria healthcare managing director Andrew Hemming said the fund manager's healthcare ...

Westbridge Funds buys $16.21m industrial facility

CHLOE WALKER  |  WEDNESDAY, 16 MAR 2022
... facility in a prime logistics location within proximity to Perth's key transportation networks," he said. "It also has a strong lease covenant providing a secure, long-term income stream, so it was very appealing to buyers. "The Western Australian industrial ...

EG, SIGMA to deliver Tasmanian distribution facility

CHLOE WALKER  |  TUESDAY, 1 MAR 2022
EG Funds (EG) has partnered with A SX listed pharmaceutical wholesaler and distributor company Sigma Healthcare to deliver a storage and distribution centre on a parcel of land in Bridgewater, Tasmania. Bridgewater is a newly formed industrial estate ...

Charter Hall, PSP Investments acquire Brisbane site

CHLOE WALKER  |  THURSDAY, 24 FEB 2022
... secured 70% leasing pre-commitments and will provide a rent guarantee over the balance of the space, with subsequent secured lease terms determining the final cost of the investment. Due for completion in December 2022, the building is within 200 metres ...

Charter Hall snags another Bunnings

CHLOE WALKER  |  TUESDAY, 22 FEB 2022
... warehouse, located in South Nowra. The property was purchased by the fund manager for $65.3 million, with an attractive net lease of 12 years and an initial passing yield of 4.0%. With a prominent 240 metre frontage, this is the only Bunnings in the ...

ASFA names new chair

KARREN VERGARA  |  WEDNESDAY, 2 FEB 2022
... chief executive of Suncorp's Australian insurance business. Dransfield also spent time in leadership roles at IAG, Lend Lease, Vero Insurance, and AMP. ASFA director Chris Davies commented that Dransfield's experience in leading financial organisations ...

Korean pension fund spends in Sydney

JAMIE WILLIAMSON  |  TUESDAY, 1 FEB 2022
The National Pension Service of Korea is now one of the co-owners of Sydney's Darling Quarter. Allianz Real Estate, on behalf of NPS and Allianz, has acquired 50% of Commonwealth Bank Place, also known as Darling Quarter. The two paid $630 million for ...