Strategic Industrial Real Estate managed by Arrow Capital Partners entered into an agreement to acquire 82 Noosa Street and 62 Stradbroke Street located in Brisbane from Ascendas Real Estate Investment Trust (SGX:A17U) for approximately AUD 100 million on June 3, 2021. Strategic Industrial Real Estate managed by Arrow Capital Partners completed the acquisition of 82 Noosa Street and 62 Stradbroke Street located in Brisbane from Ascendas Real Estate Investment Trust (SGX:A17U) on July 9, 2021. The proceeds from the Divestments may be recycled to fund committed investments, repay existing indebtedness, extend loans to subsidiaries, fund general corporate and working capital needs and/or make distributions to Unitholders.