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1 Chapel St, Blackburn
Acquisition

Trident secures exclusive dealings for 1 Chapel St, Blackburn

A fully leased three-level office building on 7,246 sqm of Commercial 1 land, 300 metres from Blackburn Station, with an approved permit for 168 apartments to the rear.

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Acquisition

Trident acquires 19 Shierlaw Avenue, Canterbury

realcommercial — A four-level office building of 1,570 sqm on 799 sqm of Commercial 1 land, with 40 basement car spaces, parkland outlook and Canterbury Station at the door. Acquired fully leased, with a target 8% p.a. distribution and 20% IRR over a 12-month term.

Market

GIC backs Sydney office recovery in $450m deal

Australian Financial Review — Singapore's sovereign wealth fund sits behind the $450 million purchase of 1 Market Street, a 32-level tower of about 29,453 sqm transferred between Investa-managed funds — a signal of returning institutional conviction in Australian office.

Acquisition

Camberwell Junction landmark changes hands

Commo. — 250 Camberwell Road — an A-grade office building in the heart of the Junction — sold through Cushman & Wakefield and Gorman Commercial following a competitive expressions of interest campaign.

Acquisition

Trident acquires 255–257 Gympie Road, Kedron

realestatesource — A retail and office investment in Brisbane's inner north acquired for around $20.7 million, fully leased and held for an eight per cent income profile with development optionality on the Gympie Road frontage.

Acquisition

Coles sells Melbourne development for $37m

Australian Financial Review — Trident Capital Group acquired the 2018-built freestanding Coles Middle Camberwell at 725–757 Riversdale Road for $37 million, on a 4.42% fully leased yield — a 4,425 sqm Commercial 1 site with a Liquorland, two specialty shops and 209 car spaces.

Acquisition

Trident buys Surrey Hills office for occupation

Green Street News — Trident's $9.7 million purchase of a recently upgraded 1,550 sqm office at 268 Canterbury Road, on a 1,950 sqm Commercial 1 corner site 150 metres from Chatham Station, for its own occupation following a new fit-out.

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