MIRVAC Industrial Trust has reshuffled its portfolio with the sale of two non-core assets.
The trust has sold a property at 1541-1543 Abbott Drive, Wheeling, Illinois for $US1.97 million and approximately 9.2 acres of excess land adjoining the trust’s asset at 2727 West Diehl Road, Naperville, Illinois for $US2.50 million.
Forecast profit of $A2.29 million from these sales, combined with the forecast profit of $A7.15 million from non-core asset sales previously announced during FY07, results in a total forecast realisation of $A9.44 million in the period leading up to June 30, 2007.
Australian Property Journal
