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Tesla Lease Sparks 133% Rent Boost and Defers Centuria’s Derrimut Redevelopment

9:55am on Wednesday 29th of October, 2025 AEDT Real Estate
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Tesla Lease Sparks 133% Rent Boost and Defers Centuria’s Derrimut Redevelopment

9:55am on Wednesday 29th of October, 2025 AEDT
Key Points
  • Tesla signs 10-year lease at Derrimut VIC with 133% re-leasing spread
  • Second data centre development planned adjacent to Telstra site in Clayton VIC
  • 42 Hoepner Road asset sold at 10% premium to book value
  • On-market buy-back of 7.1 million units narrows valuation gap
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