Archive for November 2nd, 2007

JV acquires land in Altona

Friday, November 2nd, 2007

In a joint venture, Folkestone and AMP Capital Investors’ Select Property Portfolio Fund No.2, have acquired 14.89 hectares of land at 300 Millers Road in Altona, Victoria.

Australand’s successful auction

Friday, November 2nd, 2007

Australand has sold 21 of its 24 land lots at Aspect in Belrose, on Sydney’s northern beaches. The lots were sold at an auction attended by 180 people.

Warehouse snapped up

Friday, November 2nd, 2007

A leased warehouse and office building at 21 Pickering Road in Mulgrave, Victoria, has sold under the hammer on a 6.75% yield. The 1166 sqm building has a five year lease in place to Crown Equipment.