Tuesday 2 June 2026

 

Corval expands Industrial Infill Trust 2 with Brisbane acquisition

 

Corval has acquired a multi-tenanted industrial estate in Acacia Ridge, Queensland, alongside long-term Japanese capital partner Kanden Realty & Development Co. Ltd (KRD), further expanding the Industrial Infill Trust 2 portfolio.

The acquisition comprises four industrial buildings on a 32,350 sqm site with approximately 18,627 sqm of lettable area and is fully leased across a diversified tenant profile.

Located approximately 12 kilometres south of the Brisbane CBD, the property is positioned within one of South East Queensland’s most established industrial precincts and offers strong access to major transport networks.
The acquisition represents the fifth asset within Industrial Infill Trust 2, which now spans New South Wales, South Australia, Western Australia and Queensland.

Corval Senior Industrial Fund Manager Michael Hua said the acquisition reflected continued conviction in Australia’s urban infill industrial sector.

“This acquisition represents another strong addition to the Industrial Infill Trust 2 portfolio and reflects our continued conviction in Australia’s urban infill industrial sector,” Mr Hua said.

“Acacia Ridge is one of Brisbane’s most strategically important industrial precincts, underpinned by strong transport connectivity, constrained supply and ongoing occupier demand.”

Corval is also progressing a sixth acquisition, currently in due diligence, which is expected to increase total Trust 2 assets to approximately $130 million. The Trust remains open to new wholesale investors as part of the ongoing capital raising process.

The acquisition is expected to settle in coming months, subject to customary conditions.