Johannesburg:IAP

Irongate Group acquires office building in Brisbane with 10 year lease

SYDNEY, Aug. 13, 2021 /PRNewswire/ -- Irongate Group (ASX: IAP; JSE: IAP) has today announced the acquisition of an office building located at 34 Southgate Avenue, Cannon Hill QLD (Property) for $36,000,000, which represents an initial yield of 5.0%.   The property is being acquired on a fund-th...

2021-08-13 06:28 17058

Irongate Board recommends against 360 Capital's request for Board seats

SYDNEY, July 30, 2021 /PRNewswire/ -- The Board of Irongate Group (Irongate or IAP) has recommended securityholders vote against the election of two 360 Capital Group executives to the Board at their upcoming Annual General Meeting on Tuesday 31st August. 360 Capital Group, including its associa...

2021-07-30 08:59 10571

Irongate Group Announces Acquisition of Canberra Office Property and Institutional Placement

SYDNEY, June 15, 2021 /PRNewswire/ -- Irongate Group (ASX: IAP; JSE: IAP) has today announced the acquisition of an office property inCanberra and a fully underwritten institutional placement. IAP has contracted to acquire a 100% interest in the property located at 38 Sydney Avenue, Canberra ACT...

2021-06-15 09:05 22486

Irongate Group delivers strong FY21 financial result

Highlights * Funds from operations (FFO) of 9.26 cents per security (cps) and adjusted funds from operations (AFFO) of 8.64 cps for the year ended31 March 2021 * Distribution of 8.92 cps for the year ended 31 March 2021[1] * Significant valuation uplift – portfolio now valued at A$1.237 bill...

2021-05-05 16:04 3428

Irongate Group Acquires Two Brisbane Industrial Properties

SYDNEY, April 19, 2021 /PRNewswire/ -- Irongate Group (ASX: IAP; JSE: IAP) has entered into agreements to acquire: * an industrial facility located at 57 – 83 Mudgee Street, Kingston QLD ( Kingston Property); and * an industrial facility to be constructed at Lot 24, Dunhill Crescent, Mornings...

2021-04-19 16:01 3374

Irongate Group Acquires Industrial Property in Prime Brisbane Location

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 acquisit...

2021-03-08 14:38 926