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.
Read the full news release here:
Perth housing revival fuels boom in large-format centres
A housing revival has helped fuel a mini-boom in large-format retail development in Perth, with $125 million worth of projects under way or approved. Read the full article here:
Further to the previous ASX Announcement 01/05/20: The Development Application for construction of South Australia's Emergency Services Headquarters has been approved
Axiom refers to its previous announcement and is pleased to advise that the Minister for Planning has now approved the development application for the Construction of an integrated Emergency Services Sector Headquarters comprising of a multi-storey office building, multi-deck car park, hardstand area, a storage building, landscaping and other ancillary works. Axiom along with its consulting team continues to progress design documentation ready for construction commencement anticipated for early July, as well as working towards achieving financial close.
Previous ASX Announcement 1/05/2020
ASX Announcement: AXIOM signs South Australian Emergency Services State Control Centre Government Lease at Worldpark
Agreement for Lease executed with South Australian Government
Axiom to construct bespoke office building and ancillary amenities
Government agrees to occupy building on long term lease basis
Refer attached PDF: AXIOM ASX 1-5-20.pdf
First look at plans for SA’s new emergency services headquarters
The state’s new emergency services headquarters at Keswick will cost $43 million to develop,
featuring a four-storey office complex, six-level carpark and storage for the CFS’s heavy
tankers and bulk water carrier.
Refer attached PDF: APL - Axiom secures new wa opportunity.pdf
SIXTY2CURRIE - Work Club in Adelaide will be one to watch
Søren was in town to do the initial round of publicity for his stake in a 25-storey, $180 million property development on the site of the old Avant Garde Furnishings shop on Currie Street. Søren’s business Work Club will take out two of the 25 storeys and act as the development’s agile co-working space...
Refer attached PDF: CityMag-Work Club.pdf
Premium co-working club joins $180m tower
Global co-working network Work Club has agreed to take two floors in the $180 million hotel and office development SIXTY2CURRIE, Adelaide. The club, founded by Danish entrepreneur Soren Trampedach, offers "premium boutique" accommodation to a diverse range of end users.
Refer attached PDF: Co-working Club.PDF
Currie Street tower aspires to redesign the modern workspace
Published Adelaide 30/05/2019
"A developer will devote two levels of a new Currie Street tower to “gig economy” workspaces, hoping to pre-empt a commercial real estate future in which long-term leases for large numbers of full-time staff are a thing of the past."
Adelaide, Australia, Friday 22 February 2019: Axiom Properties Limited (ASX:AXI) refers to the Half Yearly Report announced by Event Hospitality and Entertainment Limited (ASX:EVT) yesterday, 21st February and the subsequent media reports, and is pleased to provide the attached media release in relation to the Company’s 50% Joint Venture (JV) interest in the mixed-use development at 62 Currie Street, Adelaide, South Australia. Axiom and its Joint Venture Partner are delighted to be bringing this world-class offering to the Adelaide market.