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Frasers Property Industrial sells five Melbourne logistics assets to ESR-REIT units for A$288.6 million

PUBT·07/30/2026 02:58:11
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Frasers Property Industrial sells five Melbourne logistics assets to ESR-REIT units for A$288.6 million
  • Frasers Property Industrial sold five freehold industrial assets in Melbourne to ESR-REIT subsidiaries for gross A$ 288.6 million.
  • Net purchase consideration totaled A$ 276.8 million, reflecting a 7.77% premium to the latest book valuation.
  • Portfolio totals about 1.3 million square feet of gross lettable area, running at 90% occupancy with a 3.2-year WALE.
  • Assets are modern logistics and warehouse facilities across Melbourne industrial submarkets including Truganina, Derrimut, Keysborough.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Frasers Property Limited published the original content used to generate this news brief on July 31, 2026, and is solely responsible for the information contained therein.