Processing timeline
33
days
Acquirer(s)
RDO AUSTRALIA PROPERTY HOLDINGS NO 2 PTY LTD ABN - 28 633 633 753
Target(s) or Vendor(s)
CD & JB INVESTMENTS PTY LTD ACN - 630 465 815
Other parties
None listed
RDO Australia Property Holdings No 2 Pty Ltd is acquiring the freehold land and buildings of three commercial truck dealership sites in West Wodonga, Victoria. This asset acquisition from CD & JB Investments Pty Ltd is within the non-residential property operators sector, focusing on commercial leasing services for truck dealerships.
CD & JB Investments Pty Ltd (the Vendor ) owns, and supplies commercial leasing services in respect of, three commercial truck dealership sites in West Wodonga, Victoria (collectively, the Target Premises ). RDO Australia Property Holdings No 2 Pty Ltd ( RDO Australia ) owns, and supplies commercial leasing services in respect of, three commercial truck dealership sites in Wagga Wagga, Dubbo, and Orange (all in New South Wales). RDO Australia does not currently supply commercial leasing services in West Wodonga. RDO Australia proposes to acquire 100% of the freehold land interest and buildings of the Target Premises from the Vendor. After the Acquisition, RDO Australia will own the Target Premises and will continue to supply commercial leasing services in respect of the Target Premises.