Tolazo Pty Ltd entered into an unconditional agreement to acquire Industrial development site at 372 Progress Road, Wacol from Garda Property Group for AUD 13.5 million.

Tolazo Pty Ltd entered into an unconditional agreement to acquire Industrial development site at 372 Progress Road, Wacol from Garda Property Group (ASX:GDF) for AUD 13.5 million on July 10, 2024. A cash consideration of AUD 13.5 million will be paid by Tolazo Pty Ltd. The net sale proceeds used to repay variable debt. The sale is expected to settle on August 20, 2024.