Sunsuper Pty Ltd acquired 49% stake in Locomotive Workshop and the National Innovation Centre from Mirvac Group (ASX:MGR) for approximately AUD 230 million on August 5, 2021. Brokered by Colliers' Adam Woodward, James Barber and James Mitchell and Knight Frank's Ben Schubert, Paul Roberts and Graeme Russell, the stake was bought on a capitalisation rate of 4.7 per cent, with Mirvac retaining majority ownership of the asset.

Sunsuper Pty Ltd completed the acquisition of a 49% stake in Locomotive Workshop and the National Innovation Centre from Mirvac Group (ASX:MGR) for approximately AUD 230 million on August 5, 2021.