Exceed Capital has made a strategic move in the Australian commercial property market, acquiring the final two buildings in Dexus Industria REIT’s Brisbane Technology Park (BTP) portfolio for $45.8 million. The acquisition includes a data centre and an A-grade office building in Eight Mile Plains, secured at an attractive yield of around 9%
The properties — located at 7 Clunies Ross Court and 17–19 McKechnie Drive — are leased to high-quality tenants Toshiba and Interactive, providing Exceed Capital investors with immediate, stable income from nationally recognised occupiers.
Strategic Expansion in a Prime Brisbane Location
The acquisition further strengthens Exceed Capital’s footprint in the Brisbane commercial property market, aligning with its strategy of acquiring high-yielding, income-secure assets across Australia. Brisbane Technology Park is one of Queensland’s most established suburban business and technology hubs, offering strong connectivity, low vacancy rates, and long-term tenant retention — making it a compelling location for institutional and private investors alike.
Exceed Capital will hold the assets through its newly launched EMP Property Trust, a five-year closed-ended vehicle designed to deliver consistent investor returns and long-term capital stability
Completing Dexus’ Divestment and Exceed’s Growth
The deal marks the completion of Dexus Industria REIT’s $155.5 million divestment of its 13-property Brisbane Technology Park portfolio. While Dexus pivots toward industrial real estate, Exceed Capital continues to expand its presence in the office, data centre, and social infrastructure sectors — underscoring its ability to identify and acquire high-quality, yield-driven assets in growth corridors
Strengthening a National Portfolio
This acquisition follows Exceed Capital’s broader expansion strategy, which has seen the firm grow its medical, office, and social infrastructure portfolio across key Australian markets. Earlier this year, Exceed launched The Collective, an open-ended trust seeded with properties in Bundaberg and Newcastle, demonstrating the firm’s ongoing commitment to diversified, resilient real-estate investment opportunities
Outlook
With yields compressing across core office and industrial markets, Exceed Capital’s 9% acquisition yield highlights the company’s disciplined investment approach and ability to uncover value in high-performing suburban markets. The new assets enhance Exceed’s growing track record in delivering strong, risk-adjusted returns through active management and strategic asset selection.
Learn More
To learn more about Exceed Capital’s current investment opportunities visit here or register your interest here.
