John Hayson Sydney

Last month, Walker announced it had purchased land in Brisbane’s inner west from John Hayson Sydney developer to embark on a new $100m-plus development with shops and 243 apartments in two towers, 12 and 20 storeys high.

The 3240sq m property fronting Milton Railway Station on Railway Terrace is an amalgamation of eight housing lots.

Walker plans to build one and two-bedroom apartments priced between $420,000 and $550,000 within the traditionally industrial and low-density residential area where the Lion Nathan Brewery is also located.

Also last month, Walker was in negotiations to sell a portfolio of industrial properties worth close to $150m to Tony Pitt’s 360 Capital Property Group. It is believed a deal is still to be finalised.

Overall, Walker’s pipeline of projects is worth about $4.3 billion. The $1.3bn five-year commercial development Collins Square in Melbourne is its largest.