Page 12 - Storage King News Today : Breaking News, Live Updates & Top Stories | Vimarsana

EG adds Brisbane industrial estate to diversified fund Save Share EG paid $32 million for the 2.4-hectare estate at 140 Wecker Road in Mansfield. The property was acquired for EG’s Australian Core Enhanced Fund, which targets investments in the office, retail and industrial sector offering higher returns through repositioning assets. The multi-tenanted industrial estate acquired by EG for its ACE Fund.   It is the fifth property acquired for the ACE Fund. In December, EG paid $48.75 million for a Bunnings warehouse in Rockdale near Sydney Airport on a yield of 5.4 per cent. The Wecker...

Premium Content Subscriber only 11AM; A three car crash was reported at 10.45am on Monday morning near Storage King, 522 Yaamba Rd, Norman Gardens. Reports from the scene indicate up to 10 patients were involved and all self extricated. It is understood one 33 year-old woman had a leg laceration and hit her head. Two persons were transported to Rockhampton Hospital via ambulance. The accident is not blocking traffic. It was been reported the vehicles are on the median strip. north rockhampton crash

Dec 15, 2020 Abacus Property Group, an Australia-based, publicly traded, diversified real estate investment trust (REIT) with interests in self-storage, intends to raise $402 million through institutional and entitlement offers. The company will use the funds to pay down debt and round out nearly $1 billion to invest in office and self-storage acquisitions, according to the source. The institutional component to the capitalization was completed on Dec. 9 and raised about $356 million. The entitlement offer, expected to raise $46 million, allows eligible Abacus shareholders with a registered a...