Western Australia-based property syndicates Baron Property Group and Vanilla Property Investments have made a $10 million play for an aged-care facility as part of a new joint venture.
APIL Group has sold its multi-tenanted industrial estate in Welshpool for $23.3 million, having confirmed its purchase of a neighbourhood centre last week.
While not the most glamorous assets in the commercial property sector, bulk warehouses, workstations, logistics centres and sheds have proved their worth in 2020.
Matrix Composites & Engineering announced it has signed a contract with Australasian Property Investments for the sale and leaseback of its Henderson facility.
Property syndicator APiL says it only took a matter of days to raise the equity required to buy Ballajura Central shopping centre from Charter Hall REIT.
While storm clouds gather over office assets and land development comes off the boil, interest in retail property is building as investors look for somewhere secure to park their cash. Click through to see our list of WA's top 10 locally-based shopping centre owners.
Bradken has sold its Bassendean engineering facility to Sydney property group Charter Hall in an off-market sale and leaseback deal worth about $32.8 million, while the Champion Drive Shopping Centre in Seville Grove has been sold for $13.5 million.
