Frasers Property Australia, the Australian division of Frasers Centrepoint Limited, says it has secured over A$275 million ($276 million) worth of new development projects in the past 12 months.
The new projects consist of industrial and commercial projects and comprise 210,900 sqm.
The majority of the transactions were secured in Sydney and Melbourne with the remainder in Adelaide and Brisbane.
The group's total commercial and industrial portfolio is currently valued at A$2.4 billion.
Major pre-lease deals that have been secured within the last 12 months include Toshiba, Fisher and Paykel, Australian Geographic and Miele.
Within the next 12 months, the commercial and industrial business has a strong development pipeline of 280,000 sq m to deliver assets valued at over A$400 million.
Frasers Property is also looking to restock in its three main markets – Sydney, Melbourne and Brisbane.
Frasers Centrepoint Limited closed 1% lower at $1.505 on Wednesday.
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The new projects consist of industrial and commercial projects and comprise 210,900 sqm.
The majority of the transactions were secured in Sydney and Melbourne with the remainder in Adelaide and Brisbane.
The group's total commercial and industrial portfolio is currently valued at A$2.4 billion.
Major pre-lease deals that have been secured within the last 12 months include Toshiba, Fisher and Paykel, Australian Geographic and Miele.
Within the next 12 months, the commercial and industrial business has a strong development pipeline of 280,000 sq m to deliver assets valued at over A$400 million.
Frasers Property is also looking to restock in its three main markets – Sydney, Melbourne and Brisbane.
Frasers Centrepoint Limited closed 1% lower at $1.505 on Wednesday.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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