Garda Property Group (ASX:GDF) said the ESR-managed fund acquiring its 25-hectare industrial development site at North Lakes in Queensland for AU$114 million received approval from the Foreign Investment Review Board, according to a Thursday filing with the Australian bourse.
The approval satisfies a key condition of the sale, the filing said.
The remaining conditions include the completion of an estimated AU$6.4 million in civil, intersection, and road works by Garda and land title issuance by Moreton Bay Regional Council.
The group expects the sale to be settled in the fourth quarter of fiscal 2025, the filing added.
Price (AUD): $1.22, Change: $-0.01, Percent Change: -0.41%
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。