Industrial Real Estate

Diversified property group Stockland has unveiled two new tenants for its recently completed KeyWest Distribution Centre.

Cheap finance, a strong leasing market, and global instability made Australian commercial property attractive for investors in 2019.

The battle for the country’s largest self-storage companies has kicked off with Hong Kong-based Gaw Capital Partners in talks to buy the listed National Storage REIT in the first major property takeover of the year.

It looked like the deal of the century — or the deal of the half-­century, at least.

Industrial properties are in hot demand as a new decade gets under way in Far North Queensland.

The idea of owning a man cave or sanctuary — where wealthy buyers can store their prized ­Maseratis or Ferraris, operate small businesses or set up an ­office or studio — has caught on in the Gold Coast, with developers selling twin spaces in a new Burleigh Heads development.

The $26 billion Australian real estate giant Goodman Group is believed to be vying for Sydney’s Moorebank Logistics Park, on offer by the listed Qube Holdings.

This has been another good year for commercial property markets. Continued inflow of funds searching for yield as bond rates fell further has driven a tendency for yields to continue to firm. And it’s not just property. This applies to asset markets across the board, both unlisted and listed.

Property funds manager Centuria Capital is finishing the year in striking fashion, snapping up two properties from the KKR-owned biscuit maker Arnott’s for its listed industrial trust for $236 million.