Westbridge acquires Wacol site for leaseback to EGR - Australian Manufacturing Forum

Property fund manager Westbridge Funds Management has acquired a site at Wacol, south-west of Brisbane’s CBD, described as a “modern manufacturing facility”. The purchase is through the company’s Westbridge Diversified Fund No.4 for $14.5 million, it said in a statement on Wednesday.  According to Westbridge, the 1.6 hectare site at 53 Coulson Street hosts a…

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Shangri-La Construction collapses into liquidation owing $13m, 77 apartment owners owed $4.5m