noscript

News and Announcements

Arcana Capital’s $6.6M acquisition projected to deliver 10% distribution per annum

  • Published January 18, 2023 7:53AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

Arcana Capital, led by former Queensland Premier Campbell Newman, has made a strategic acquisition of a 6,884 sqm warehouse in Silky Oak, occupied by industry leaders in logistics, Visy, and Australia’s largest banana producer, Mackays for $6.6m. The transaction was managed by CBRE.

This marked the fifth real estate acquisition for 2022 for Arcana and is projected to deliver a staggering 10% distribution per annum paid monthly to wholesale investors through its 18 South – Logistics Unit Trust.

“The site is located in the heart of one of Australia’s premier agricultural regions, with strategic positioning adjacent to the Bruce Highway and Main Northern Railway Line and proximity to agricultural producers in the area,” Arcana said, making it a prime location for logistics and supply chain operations. 

Arcana Capital continues to make smart investments, previously acquiring an industrial and engineering workshop in Western Australia’s Kalgoorlie for $10.9 million, an industrial and engineering workshop in Kayili Road, Kalgoorlie for $8.15 million, a medical and allied health property in Queensland’s Mackay for $6 million, and an industrial workshop also in Mackay for $3.5 million. It also recently offloaded a fully leased retail center on Bribie Island for $9 million

Don’t miss out on this opportunity to invest with a proven leader in the industry.

Smooth moves for former Qld premier

FORMER Queensland premier Campbell Newman’s Arcana Capital has bought a Cassowary Coast warehouse occupied by packaging and logistics giant Visy and Australia’s largest banana producer, Mackays, for $6.6 million.

It is Arcana’s fifth real estate acquisition for 2022.

Lot 6 and 17 Ann Road in Silky Oak comprises 6,884 sqm of specialised cold storage and multi-purpose industrial warehousing on 13,639 sqm of land.

“The site is located in the heart of one of Australia’s premier agricultural regions, with strategic positioning adjacent to the Bruce Highway and Main Northern Railway Line and proximity to agricultural producers in the area,” Arcana said.

Its 18 South – Logistics Unit Trust is projected to deliver a distribution of 10% per annum paid monthly to wholesale investors.

CBRE managed the transaction.

In September, Arcana acquired an industrial and engineering workshop in Western Australia’s Kalgoorlie for $10.9 million that was purpose-built last year for Pacific Energy, a wholly-owned subsidiary of Queensland Investment Corporation.

That followed its purchases of an industrial and engineering workshop in Kayili Road, Kalgoorlie for $8.15 million, a medical and allied health property in Queensland’s Mackay for $6 million, and an industrial workshop also in Mackay for $3.5 million.

In June, it offloaded a fully leased retail centre on Bribie Island for $9 million, six years after it paid $7.3 million for the asset.

Newman, who was also Lord Mayor of Brisbane, ran for the Senate in this year’s federal election with the Liberal Democrats.

Connect with the company and learn more about Arcana Capital by accessing their deal room here.

Capital Insights
Why Australia’s Mid-Market is a Goldmine for Investors

Australia’s mid-market and SME lending sector presents a significant, untapped opportunity for investors. Causeway Asset Management, led by Tim Martin, focuses on filling the funding gap by offering tailored private debt solutions with attractive risk-adjusted returns. With a proven track record, diversified portfolio, and expert risk management, Causeway is capitalizing on this underserved market, delivering strong returns for investors while supporting Australia’s economic backbone.

Executive Interviews
Agrivita: Capitalising on Global Demand for High-Quality Apples

Explore the strategic initiatives of Agrivita with insights from its Managing Director James Anderson and its Executive Chairman Derek Hopkins. This interview covers Agrivita’s approach to leveraging New Zealand’s reputation for premium apples, their unique packhouse facility, and diversification into other fruits. Find out how Agrivita plans to achieve impressive financial returns.

Join over 45,000+ sophisticated investors

Join Now