Garda lands O’Brien lease at long-vacant Acacia Ridge asset

When Australian REIT Garda Property Group completed its gleaming new industrial shed at 38–56 Peterkin Street in Acacia Ridge in December 2025, it had no tenant lined up.

Six months of vacancy in a building that cost real capital to develop is not the kind of story a REIT wants to tell investors — and analysts had begun to take note, with some expecting a lease out only in FY27.

On 1 June 2026, the REIT moved to change that narrative.