Commercial Property News about Bunnings

Tell an investor a property leased to Bunnings Warehouse is for sale and immediately they’ll be expecting to pay big bucks for a tight yield.

An investment group has paid $180 million for four Bunnings Warehouse stores across Australia and New Zealand, three of which were yet to sell a single item. Such is the demand for properties leased to …

Bunnings has plans to expand across Britain and could buy or lease more than 100 sites in coming years as the Australian group becomes a major presence after buying Homebase last year.

Three more former Masters sites have changed hands for a total of $70 million as properties once-controlled by retail giant Woolworths’ home improvement venture are seized by new owners.

The acquisitive Charter Hall’s property funds empire has topped $20 billion with further growth in the offing as the company holds a $3 billion war chest back for its ­expansion.

Charter Hall Group has snapped up a Bunnings Warehouse retail property in Burnie, on the north coast of Tasmania, with the $21 million asset to seed a new fund. This article originally appeared on theaustralian.com.au/property.

A Melbourne family has landed the Bunnings Warehouse store at Colac in Victoria’s west for $7.8 million.

Bunnings Warehouse has opened its third UK store as the Australian home and hardware chain’s overseas expansion gathers pace.

A Bunnings Warehouse at Colac regional Victoria is the latest in the highly sought after hardware chain’s stores to be offered up for investors.