{"id":34437,"date":"2021-09-08T11:52:53","date_gmt":"2021-09-07T23:52:53","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=34437"},"modified":"2021-09-08T11:52:53","modified_gmt":"2021-09-07T23:52:53","slug":"qantas-shortlists-parties-for-real-estate-sale","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/qantas-shortlists-parties-for-real-estate-sale\/","title":{"rendered":"Qantas shortlists parties for real estate sale"},"content":{"rendered":"

PHOTO: Qantas Airways. FILE<\/strong><\/p>\n

It\u2019s a tough time to be trying to sell airline tickets \u2013 but Qantas Airways is having much more success drumming up buyers for a $550 million-odd property portfolio.<\/p>\n

Qantas and its real estate agents, Colliers, received expressions of interest for the company\u2019s up-for-grabs properties last week and have shortlisted parties for the auction\u2019s second round.<\/p>\n

It is understood Colliers is calling for bids by Friday, September 17, and has expectations of offers at or above $550 million.<\/p>\n

ASX-listed giant Goodman Group, which is a hungry acquirer of anything logistics in Sydney south of the CBD, is the early favourite, but likely to come up against competition from familiar sparring partners including Charter Hall and Logos.<\/p>\n

\"Pia<\/a><\/div>\n
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Pia Whitesell\u2019s incredible beach home | WATCH<\/a><\/h2>\n<\/header>\n<\/div>\n

ESR, which recently outlaid $3.8 billion for Blackstone\u2019s Milestone, is also among the shortlisted parties.<\/p>\n

Up for grabs is\u00a0several major Mascot landholdings\u00a0covering almost 14 hectares in the heart of South Sydney\u2019s booming industrial precinct.<\/p>\n

The airline has owned some of the land since the 1960s and decided to sell\u00a0following a wide-ranging property review\u00a0which confirmed the Qantas headquarters will remain in Sydney.<\/p>\n

Analysts have it in their spreadsheets a \u201cfew hundred million dollar\u201d type sale, although property types reckon it could surprise on the upside.<\/p>\n

READ MORE VIA AFR<\/a><\/p>\n

https:\/\/www.instagram.com\/p\/CTd99xOFx0s\/?utm_source=ig_web_copy_link<\/p>\n

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