Wednesday, 17 May 2017

New South Wales

Sydney Industrial Portfolio Sold (www.smh.com.au)

• LEDA Holdings has acquired a portfolio of six industrial assets across Western Sydney for $71 million ($1,545/m² of Combined GBA), reflecting a yield of 6.79%.

• The portfolio comprises approx 45,851m² of building area across four assets in Wetherill Park, and one asset in Smithfield and Eastern Creek.

Victoria

Richmond Office Building Sold (www.smh.com.au)

• A private investor has acquired a 5,184m² office building at 658 Church Street, Richmond for $44 million ($8,488/m² of NLA), reflecting a yield of 5%.

• The property has a WALE of 5.8 years.

Hawthorn Retail Property Sold (www.smh.com.au)

• A private investor has acquired a 248m² retail property at 95 Burwood Road, Hawthorn for $2.125 million ($8,569/m² of GBA), reflecting a yield of 3.5%.

Mont Albert Showroom Sold (www.smh.com.au)

• A private investor has acquired a 218m² showroom at 677 Whitehorse Road, Mont Albert for $1.115 million ($5,115/m² of NLA).

Box Hill Office Property Sold (www.smh.com.au)

• A private investor has acquired a 145m² office property at 8 Ellingworth Parade, Box Hill for $1.28 million ($8,828/m² of NLA), reflecting a yield of 3.28%.

#SydneyIndustrialPortfolioSold #RichmondOfficeBuildingSold #HawthornRetailPropertySold #MontAlbertShowroomSold #BoxHillOfficePropertySold