Industrial

Allied Express commits to new purpose-built facility at Bankstown Airport

Allied Express, Australiaโ€™s largest independently owned courier and express freight company, has committed to a 10-year lease for a purpose-built distribution centre and head office at Sydney Metro Airportโ€™s South West Sydney industrial estate โ€“ Altitude, Bankstown Airport

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Ringwood factory sells on 3% yield

A Melbourne investor has trumped several rivals at auction to pay $3.86 million โ€“ more than 60 per cent over the reserve – for an office/warehouse at Ringwood in Melbourneโ€™s eastern suburbs. According to selling agent, Teska Carson Director George Takis, the 5 Pilgrim Court property drew a 50 strong …

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ESR Settles on Westlink Land

ESR has settled on the first 21ha of land at the ESR Kemps Creek Logistics Park in Sydneyโ€™s newest industrial precinct of Mamre Road

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$60m Acquisition takes Charter Hall and PGGM portfolio to $560m

Charter Hall Group and its wholesale partner via the PGGM Industrial Partnership has acquired a 1.56ha premium inner brownfield industrial site in Queensland for $60 million off-market, reflecting a 4.4% equated yield with minimum annual rent reviews of 3%.

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Booming South West Sydney market boosted by new industrial site listing

A sizeable industrial freehold site in the booming South West Sydney market is set to go under the hammer, providing much needed supply to a region lacking quality stock. The 4,082sqm site at 166 Eldridge Road in Condell Park is situated in a market that has been devoid of industrial …

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