Garda Property Group to Unlock $113.6M from North Lakes Sale

Garda Property Group Advances Capital Strategy

Garda Property Group has announced that it will settle the sale of its North Lakes industrial property on 19 November 2025, marking a significant milestone in its capital management strategy. The transaction, involving an ESR managed fund as the purchaser, is expected to release $113.6 million in capital before costs.

This capital release is a strategic move by Garda to strengthen its balance sheet by reducing variable rate debt. In an environment where interest rates can fluctuate, lowering exposure to variable debt can improve financial stability and reduce risk.

Implications for Growth and Investment

Beyond debt reduction, Garda has indicated that the freed-up capital will be redeployed into new opportunities. While details on these prospects remain under wraps, this signals the company’s intent to actively pursue growth avenues, potentially in other industrial assets or complementary sectors.

The involvement of an ESR managed fund as the buyer underscores ongoing investor interest in industrial property assets, which continue to be attractive due to their role in supply chains and logistics.

Looking Ahead

With settlement imminent, market participants will be watching closely for Garda’s next moves on capital deployment. The company’s ability to identify and execute on new opportunities will be critical in sustaining momentum and delivering shareholder value.

Executive Chairman Matthew Madsen and Head of Treasury Paul Brown have positioned this transaction as a foundational step in Garda’s evolving portfolio strategy, balancing prudent financial management with growth ambitions.