Asset sale Completed
IKEA acquisition of 6 Sunray Drive, Innaloo (IKEA Perth store)
A$164m consideration
Announced Jun 2025 (approx.)
Advisers
6 Sunray Drive, Innaloo (IKEA Perth store)
Target
Not disclosed
IKEA
Acquirer
- Legal adviser
- Target
- 6 Sunray Drive, Innaloo (IKEA Perth store)
- Acquirer
- IKEA
- Seller
- GDI No.43 Property Trust
- Completed
- Jun 2025
- Sector
- REITs and property funds
In the league tables
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Sources
- lower than the prior year due to the June 2025 sale of 6 Sunray Drive, Innaloo (GDI No. 43 Property Trust), which generated approximately $1.1 million in annual management fees and a FY25 disposal fee gdi.com.au
- 20 Jun 2025 Clayton Utz advises IKEA Australia on $163.75 mil Perth acquisition claytonutz.com