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New acquisition

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SOLD | $40,000,000 | Two Victorian Industrial Assets   On behalf of Dexus, the Cushman & Wakefield Capital Markets Industrial & Logistics team are pleased to announce the successful divestment of two facilities in 32-40 Garden Street, Kilsyth for $26,500,000 & 57-67 Mark Anthony Drive, Dandenong South for $13,500,000.   32-40 Garden Street, Kilsyth comprises a 3.7 hectare regular shaped site improved with an existing industrial facility. With a low site coverage of approximately 29%, the property offers substantial potential for value enhancement through future warehouse expansion, or the development of a new facility, with the ability to support a total GLA of 20,000+ sqm.   57-67 Mark Anthony Drive, Dandenong South comprises a total 7,830 sqm across two buildings, situated on a single landholding of 14,916 sqm. The asset is fully occupied by U-Neek Bending and subject to 7.7 year remaining lease term, reinforcing market appetite for well-located industrial investments with strong lease covenants, underpinned by high underlying land value.   For further information on these transactions, or to request a sales analysis, please contact Chris Jones (+61 477 881 882) or Charlie Holmes (+61 439 334 154).   Mark O'Reilly Krista King Alex Abell   In conjunction with JLL   #cushwakecapitalmarkets #cushwake #capitalmarkets #industrial #logistics #investments #melbourne #australia

SOLD | $40,000,000 | Two Victorian Industrial Assets   On behalf of Dexus, the Cushman & Wakefield Capital Markets Industrial & Logistics team are pleased to announce the successful divestment of two facilities; 32-40 Garden Street, Kilsyth for $26,500,000 & 57-67 Mark Anthony Drive, Dandenong South for $13,500,000.   32-40 Garden Street, Kilsyth comprises a 3.7 hectare regular shaped site improved with an existing industrial facility. With a low site coverage of approximately 29%, the property offers substantial potential for value enhancement through future warehouse expansion, or the development of a new facility, with the ability to support a total GLA of 20,000+ sqm.   57-67 Mark Anthony Drive, Dandenong South comprises a total 7,830 sqm across two buildings, situated on a single landholding of 14,916 sqm. The asset is fully occupied by U-Neek Bending and subject to 7.7 year remaining lease term, reinforcing market appetite for well-located industrial investments with strong lease covenants, underpinned by high underlying land value.   For further information on these transactions, or to request a sales analysis, please contact Chris Jones (+61 477 881 882) or Charlie Holmes (+61 439 334 154).   Mark O'Reilly, Krista King, Alex Abell In conjunction with JLL   #CushWakeCapitalMarkets #CushWake #CapitalMarkets #Industrial #Logistics #Investments #Melbourne

The Competition Commission has approved the proposed acquisition of Technical Finishes SA by Saint-Gobain Construction Products SA which is active in the construction sector and operates in four business sectors namely innovative materials, construction products, building materials, and distributions. The merging parties have agreed to a package of remedies including a three-year moratorium on merger-related retrenchments, to increase procurement from historically disadvantaged person suppliers and skills transfer. #mergersandacquisitions #constructionindustry #propertynews #buildingmaterials #constructionmaterials #realestatenews #construction

Live Your Values Documenting your business’s values, vision, mission, etc, can be difficult. Particularly to get all to agree. However, we did, with great work shown by our team. Our values are not just words on paper. They are the very essence of our identity. Our “Living Our Values” document is more than a guideline. It’s a commitment we make every day. It embodies our dedication, passion, and vision for the future. At Australian Scaffolds, every scaffold we build, every product we sell and every handshake we exchange carries the weight of these values. Together, we continue to build a legacy of trust, safety, and excellence, enabling the builders of Australia to bring their visions to life safely and efficiently.

Why rent space with long term commitments when you can do this “on demand” and pay as you go, especially if your space demands change during the year. If you’re a growing business you can start small and scale-up your space as your revenues grow. More innovation from the team at Visku .

Check out this upcoming webinar from Western Specialty Contractors and Sika Emseal!

Manteena CEO, Mark Bauer, sharing his views about Costs of Construction at the recent Property Council of Australia discussion panel. For more insight into Mark's thoughts visit our latest blog post - link in the comments. #CostofConstruction #PropertyCouncilAustralia #ConstructionIndustry #ExpertInsights

🗞️ Development news: Nuveen Real Estate expands European logistics platform with first core plus acquisition in Denmark Nuveen Real Estate, one of the largest real estate investment managers in the world1 with $147 billion of assets under management2, has acquired a newly constructed logistics asset in Horsens, Denmark, via an off-market transaction for c.€33 million. The acquisition was made on behalf of the European Core Plus Logistics strategy which was launched in 2022 and targets core plus investments across both standing and development assets. Source: Nuveen, a TIAA company Follow Responsum Global Ltd #BuildingServices #BuildingDesign #BuildingEngineering #CIBSE #BuildingServicesRecruitment #MEP #MEPEngineering #MEPEngineer #Rics #PropertyDesign #architecture #Construction #Urban #Design #Engineering #BuildingPerformance #fire #Sustainability #VT #VerticalTransportation #Fire #FireEngineering #RealEstate #HouseBuilding #London #MEPDesign #CIOB #Property #TheBuildingServicesPodcast #BuildingPodcast #BuildingServicesBlog