Irongate Group (JSE:IAP) agreed to acquire a 50% stake in 510 Church Street in Cremorne for AUD 130 million on December 9, 2021. Cushman & Wakefield acted on behalf of Irongate Group (JSE:IAP). In related transaction Irongate Group (JSE:IAP) agreed to acquire Bibra Lake Property.

The acquisition of the Cremorne Property is due to complete on 15 December 2021.