Industrial

Charter Hall Long WALE REIT is pleased to announce the acquisition of a modern distribution centre located in Larapinta, Queensland for a purchase price of $21 million on an initial yield of 4.77%.

Dexus today announced the acquisition of a portfolio of quality industrial properties alongside APN Industria REIT for a combined acquisition price of $1.5 billion

Centuria Industrial REIT has secured a portfolio of eight high-quality industrial properties within key urban infill markets throughout Sydney, Melbourne, Brisbane and Perth for a collective $351million, on a blended initial yield of 4.1%.

Buying habits expected to help drive demand for at least 720,000sqm of additional Sydney logistics space over the next four years, solely dedicated to supporting e-commerce sales.

Major Australian retailer and wholesaler of footwear, Munro Footwear Group (Munro), has committed to a new $50 million state-of-the-art distribution centre

EG has acquired its seventh investment opportunity in 12 months for wholesale investors on behalf of its Private Wealth division.

As part of Charter Halls' announcement on the $1.6bn acquisition of the ALE Property Group, the Fund also added two east coast industrial investments to the REIT worth $66.9m

Lendlease and Morgan Stanley Real Estate Investing have acquired a portfolio of eight assets from a private logistics group, in a $430m deal.

CouriersPlease has committed to a new lease on a 3,330 sqm existing industrial facility in Brendale, QLD with ISPT.

A global expert in electrical power and advanced materials, Mersen Pty Ltd, has taken up residence at 4-10 Hillwin Street, Reservoir in Victoria.

Beverage manufacturer Nu-Pure will expand its Victorian footprint with a new pre-lease in Truganina in Melbourne’s west.

German investment group has acquired a Melbourne industrial office and warehouse property in a deal worth $81.6 million.

Unusual site conditions have been overcome by Orica who has completed an $82.5m deal with Goodman for the sale of their Banksmeadow site.

An international pharmaceutical company will move into a 16,516sqm facility in Smithfield owned by Charter Hall Prime Industrial Fund (CPIF).

Charter Hall Group has secured a 10-year pre-lease agreement with national warehouse and distribution firm QLS Logistics (QLS) in its new 21,810sqm facility in Huntingwood.