Construction of Axiom’s Butler, WA project to commence
Axiom Properties Limited announced the Company had settled the purchase of its 3-hectare development site on Camborne Parkway and Butler Boulevard in Butler, WA from Woolworths Ltd and intends to commence construction on site next week.
The land purchase comes after long-standing LFRA Gold Member Axiom Limited was contracted to buy the site in mid-2019. The successful sale was brokered by LFRA Bronze Member Vend Property.
Since that time, Axiom has secured a Development Approval for 13,350 sqm of Large Format Retail and has largely pre-committed the development with national retailers.
AXIOM - ASX Announcement - Update On Large Format Retail Project
All conditions satisfied
Settlement scheduled for end of June
Pre‐commitments in place with ~60% of available space
Construction expected to commence early July 2021
Adelaide, Australia, Wednesday 9 June 2021: Axiom Properties Limited (ASX:AXI) is pleased to provide an update on its large format retail project in Butler WA. The 3 hectare development site that the Company agreed to conditionally purchase in July 2019 sits alongside the existing Woolworths Shopping Centre and adjacent to the Butler Train Station.
Read the full news release here:
New emergency services headquarters on track for 2021/22 bushfire season
Work on the $80m emergency services HQ, developed by Axiom Properties, is on track to be finished by the next bushfire season, the SA Government says. The headquarters, which will also include the state control centre, will house more than 300 staff from the CFS, MFS, SES and SAFECOM. It will be the first time in the state’s history all emergency services agencies will be based in the same building. They are expected to move in by November 1. Read More: Link: www.adelaidenow.com.au
Axiom sells 10ha slice of Adelaide Hills project, Glenlea for retirement 'resort'
Axiom has announced it will sell a 10ha slice of a major Mt Barker housing estate to retirement village developer Living Choice. The $5.5 million sale of land at the 50ha Glenlea Mt Barker site is expected to reduce the number of allotments at the broadacre subdivision from an initial 600. The proposed sale will still leave the project with a pipeline of over 250 allotments to construct, which it will continue to bring to market.
Adelaide, Australia, Friday 12 February 2021: Axiom Properties Limited (ASX:AXI) lodges the attached Appendix 4D Half Year Report for the half year ended 31 December 2020.
Authorised and approved for release by the Board.
ASX Announcement: Intention to seek shareholder approval return of capital.
Intention to seek Shareholder approval for a 1.5c return of capital
Follows recent sale of purpose‐built South Australian Emergency Services State Command Centre to Charter Hall Social Infrastructure REIT
Adelaide, Australia, Friday 12 February 2020: Axiom Properties Limited (ASX:AXI) advises that the Board has resolved to ask Shareholders to consider and pass a Resolution authorising the Company to reduce its share capital by returning to each shareholder an amount equal to $0.015 per Share held by them at 5:00 pm (CST) on 24 March 2021, representing a total return to shareholders of approximately $6,490,705.
Axiom agrees sale of South Australian Government Emergency Services State Command Centre
Agreement reached with Charter Hall Social Infrastructure REIT (ASX:CQE)
Total consideration of $80 million
CQE to fund all development costs to completion
Axiom Properties Limited (ASX:AXI) is pleased to announce it has reached agreement with Charter Hall Social Infrastructure REIT (ASX:CQE) to sell its new purpose‐built South Australian Emergency Services State Command Centre and adjacent multi‐deck carpark currently under construction.
Read the full news release here:
Ceremony marks construction start of new South Australian Emergency Services Headquarters
Axiom Properties Limited celebrated a major milestone this week with the first sod turned on the new $80m Emergency Services Headquarters at Keswick in Adelaide.