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Desane Locks In $5M Lease Extension with Signature Orthopaedics to 2032
5:53am on Monday 2nd of June, 2025 AEST
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Real Estate
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Desane Locks In $5M Lease Extension with Signature Orthopaedics to 2032
5:53am on Monday 2nd of June, 2025 AEST
Key Points
Seven-year lease extension agreed with Signature Orthopaedics at 7 Sirius Road, Lane Cove
Lease extension secures approximately $5 million in rental income until November 2032
Signature Orthopaedics manufactures advanced medical devices for local and global markets
Desane CEO highlights the lease as part of a broader strategy for stable income streams
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