Irongate Group, a prominent real estate funds management firm, is actively expanding its footprint in the industrial and logistics sector, with recent acquisitions bringing its total investments in this arena to approximately $350 million. After previously divesting from the market during its peak, Irongate has strategically acquired key industrial properties in New South Wales and Queensland. Notably, the company sold a Real Estate Investment Trust (REIT) comprising 37 office and industrial assets for $1.7 billion, achieving a remarkable return of nearly 300%.
Under the leadership of CEO Graeme Katz, Irongate now manages assets valued at around $750 million and oversees projects with a projected final value exceeding $3.5 billion. Recent acquisitions include sites in Brendale, Narangba, Ingleburn, and Minchinbury, strategically located in Queensland and Sydney.
These investments are designed to capitalize on prime industrial real estate locations, with active management promising substantial returns throughout market cycles.
Looking forward, Katz has expressed intentions to invest in the revitalized office market, particularly within Sydney’s Central Business District. This strategic diversification underscores Irongate’s commitment to enhancing its portfolio and delivering robust returns to its investors.
