GDI's JV Settles AU$18.3 Million Acquisition of Queensland Assets

MT Newswires Live

2025/10/09

GDI Property Group (ASX:GDI) said its mining accommodation co-living joint venture has settled the acquisition of three assets in Queensland, for AU$18.3 million, according to a Thursday filing with the Australian bourse.

The acquisition consists of a 144-room accommodation village, a motor inn, and a motel, the filing said.

The acquisition was funded through cash reserves and a new debt facility, per the filing.

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