Region. Deals done

KinCare has leased 2161 square metres, in Norwest Business Park. The office space has been leased for a 10-year term at a net rent of $284 per square metre. Ikea has purchased a development site in the Sydney Business Park precinct at Marsden Park reportedly for $29.5 million. The 73,550-square-metre site has been purchased with the intention to build an Ikea “concept store”. Exalt Group has leased 3300 square metres, at Smeaton Grange. The warehouse has been leased for a 3-year term at an undisclosed rent. Hallite Seals Australia Pty Ltd has leased 1539 square metres, at Blacktown. The warehouse has been leased from Lend Lease for a 5- year term at a net rent of $110 per square metre. HeartWare International has leased 1400 square metre, at Wetherill Park. The industrial facility has been leased for a 3-year term at a net rent of $110 per square metre.