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Frasers Property Australia has refinanced an existing debt facility using a $600 million five year derived from the LMA/APLMA Loan Principles. FPA must maintain its five star Global Real estate Sustainability Benchmark rating in return for interest cost saving from the second year of the loan term. FPA group chief executive officer Panote Sirivadhanabhakdi said, …
Continue reading “Frasers Property secures corporate syndicated green loans in Australia”
Frasers Property Australia announced that it is selling a diversified portfolio of seven major industrial assets, spread across the eastern seaboard, to Frasers Logistics & Industrial Trust for approximately A$169.3 million . The portfolio, which comprises four completed properties and three properties currently under development, has a WALE of 9.6 years and all properties are …
Continue reading “Frasers Property Australia portfolio sale to Frasers Logistics & Industrial Trust”
In one of the largest site acquisitions in Melbourne in recent years, Frasers Property Australia has secured a major land parcel in Wyndham Vale for a $440 million mixed-used community that will deliver around 1,200 residential lots and associated amenity, including over 20,000 sqm of retail facilities focused on local needs. The 115 hectare site …
Continue reading “Major land acquisition by Fraser Property Australia in Melbourne”
Brookfield Multiplex has been awarded a $290 million contract by joint venture partners Frasers Property Australia and Sekisui House Australia to build DUO, the fifth stage of the $2 billion master-planned Central Park precinct. DUO is a mixed residential, commercial and hotel development on the corner of Broadway and Abercrombie Streets in Chippendale. It is …
