Industrial

Amazon Re-Commits to Pellicanos’ Victoria DC

Diversified developer Pellicano has re-signed Amazon on a five-year renewal at the global giant’s first Australian distribution centre. The lease comes as the developer signs with six additional industrial clients across south-east Victoria – spanning a total of 66,025sqm and totalling year one rental of circa $6.5 million. Pellicano’s total …

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LOGOS acquires major development site in Eastern Creek, NSW to develop a c.$500m logistics estate

Leading Asia-Pacific logistics specialist, LOGOS in partnership with its LOGOS Australian Logistics Venture (LALV) has acquired a large-scale logistics development site in Eastern Creek NSW from the charitable property organisation, Sargents Charity Limited

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ESR Australia Closes Out EALP II with an additional $158.6million of national acquisitions

ESR Australia is maintaining the momentum of its acquisitions for its core plus logistics investment programme EALP II, deploying A$158.6million to acquire two well-located income-producing portfolios comprising eight assets spanning Brisbane, Melbourne, and Perth.

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City of Sydney buys Alexandria Woolstores

The City of Sydney Council has quietly purchased The Woolstores in Alexandria off market for $110 million from CorVal, reflecting a 4.9 per cent yield and WALE of 3.3 years. 

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Council approvals unlock much-needed logistics sites at Leppington and Ingleburn in South West Sydney

Stockland has received Development Approvals for its Leppington Business Park (Stage 2) and Ingleburn Logistics Park (Stage 3) from Camden Council and Campbelltown City Council respectively, providing more than 84,000 square metres of much-needed logistics space in Sydney’s growing south west corridor.

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