Irongate Group Acquires Industrial Property in Prime Brisbane Location

Written by PR Newswire

SYDNEY, March 8, 2021 /PRNewswire/ -- Irongate Group (ASX: IAP; JSE: IAP) has entered into a contract for sale of land to acquire an industrial facility located at 153 Main Beach Road, Pinkenba QLD (Property) for $24,750,000. The purchase price represents an initial yield of 5.3% and the acquisition will be funded through IAP's existing syndicated...

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