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ESR-REIT to buy Melbourne logistics asset at 18 Foxley Court for A$ 52.5 million
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ESR-REIT to buy Melbourne logistics asset at 18 Foxley Court for A$ 52.5 million
  • ESR-REIT agreed to buy the freehold logistics asset at 18 Foxley Court in Melbourne for AUD 52.5 million; expected to complete in 3Q 2026.
  • Property spans 23,229 sq m; 100% occupied; WALE 4.8 years; leased to HealthShare Victoria.
  • Total acquisition outlay estimated at AUD 57.1 million, including fees and costs; first-year NPI projected at AUD 3 million.
  • Manager plans to fund the broader Melbourne logistics acquisition program with divestment proceeds, debt financing; no new units planned.
  • On a pro forma FY2025 basis, the six-asset Melbourne portfolio acquisition is projected to lift DPU by about 5.1%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ESR-REIT published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: LX9SA3UKJUDVR2PW) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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