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Big developers add to Brisbane project pipeline

Demand for Brisbane development sites continues to rise, with national giant Frasers Property Australia and local firm Mosaic Property Group settling a pair of separate transactions this week, collectively valued at more than $21 million.

Illuminated Brisbane sign with tall buildings in background
The bright lights of Brisbane are proving to be attractive to developers. Photo: Alex Cimbal/Shutterstock (Image source: Shutterstock.com)

Demand for Brisbane development sites continues to rise, with national giant Frasers Property Australia and local firm Mosaic Property Group settling a pair of separate transactions this week, collectively valued at more than $21 million.

Frasers Property Australia announced that it had acquired a plot in Brisbane’s Newstead

for $16.5 million, where it is planning to build a mix of apartments and terrace homes.

The 3,016 square metre site is lo…

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