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Fraser Property Australia, Irongate Group settles ‘largest site acquisition’ in metro Melbourne

Frasers Property Australia and Irongate Group have settled the purchase of the former Bradmill manufacturing site with assistance from MinterEllison.

October 26, 2021 • By Naomi Neilson
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Fraser Property Australia, Irongate Group settles ‘largest site acquisition’ in metro Melbourne
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Firm: MinterEllison (Frasers Property Australia, Irongate Group)

 
 

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Deal: In “one of the largest site acquisitions” in Melbourne, Frasers Property Australia and Irongate Group have settled the purchase of the former Bradmill manufacturing site in Yarraville outside of Melbourne’s CBD.

Value: N/A.

Area: M&A.

Key players: N/A.

Deal significance: The 26-hectare site has a development to deliver a new mixed-use community with a diverse choice of homes, a neighbourhood shopping centre, parks and open space, in a 50-50 joint venture.

The acquisition represents the sixth development joint venture between Frasers Property and Irongate and is one of the largest site acquisitions in metropolitan Melbourne within recent times.

Naomi Neilson
Naomi Neilson
Naomi Neilson is a senior journalist with a focus on court reporting for Lawyers Weekly, as well as other titles under the Momentum Media umbrella. She regularly writes about matters before the Federal Court of Australia, the Supreme Courts, the Civil and Administrative Tribunals, and the Fair Work Commission. Naomi has also published investigative pieces about the legal profession, including sexual harassment and bullying, wage disputes, and staff exoduses. You can email Naomi at: naomi.neilson@momentummedia.com.au.
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