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Industrial News Victoria 

ESR, Up secure major industrial tenants

April 30, 2025May 6, 2025 Marc Pallisco

JOST Australia – a subsidiary of Germany’s JOST-Werke – will relocate its local headquarters within Melbourne’s west. The supplier of

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Industrial News Queensland 

ESR offloading another business park

April 4, 2025July 1, 2025 Marc Pallisco

Hong Kong listed JD.com Inc, also known as Jingdong Property, is buying an 18 month old fully let business park in

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Industrial News Western Australia 

Centuria, ESR trade Perth warehouses

March 27, 2025April 1, 2025 Marc Pallisco

ESR Australia is selling two adjoining Perth warehouses – branded one business park – to Centuria for an opportunity fund

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Industrial New South Wales News Queensland Victoria Western Australia 

ESR sells stake in $3.2b industrial fund

September 17, 2024September 17, 2024 Marc Pallisco

ESR Australia has sold a stake in a $3.2 billion industrial fund held with the Abu Dhabi Investment Authority, with

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Industrial New South Wales News 

ESR buys into Badgerys Creek

September 20, 2023September 20, 2023 Marc Pallisco

ESR Australia has forged into the burgeoning Badgerys Creek industrial market, snaring a 17 hectare site for $70 million. On

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Industrial New South Wales News 

ESR joins multi-level warehouse race

June 21, 2023June 21, 2023 Marc Pallisco

ESR Australia has secured a large Banksmeadow industrial site with a five year leaseback – and plans to replace it

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Industrial News Queensland Victoria Western Australia 

ESR closes out industrial fund with $160m spending spree

September 8, 2022September 9, 2022 Marc Pallisco

ESR Australia has swooped on two land rich industrial portfolios, closing out its Logistics Platform II (EALP II) fund after

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Industrial News Queensland 

ESR fills first speculative Queensland project

February 15, 2022February 15, 2022 Marc Pallisco

ESR Australia has leased its first speculative Queensland project – at Willawong, south of Brisbane. The 12,800 square metre building

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Industrial News Victoria 

ESR splashes out on huge Coolaroo site

December 1, 2021December 1, 2021 Marc Pallisco

ESR Australia is paying a speculated price of over $45 million for a Coolaroo industrial investment with immediate development upside.

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Industrial News Queensland 

ESR grows Brisbane portfolio with Wacol deal

October 26, 2021October 27, 2021 Marc Pallisco

ESR has added another Brisbane industrial property to its portfolio – this time at Wacol. The prefabrication plant on 7.512

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Industrial News Western Australia 

ESR divests Canning Vale warehouse

October 25, 2021October 24, 2021 Marc Pallisco

Decorative services group Borg has paid $18.5 million for a part-vacant Canning Vale warehouse. The seller, ESR, picked up the

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Industrial News Queensland 

ESR expands industrial estate with $17.7m deal

October 1, 2021October 1, 2021 Marc Pallisco

ESR Australia has paid $17.65 million for a seven hectare Berrinba industrial development site. The block abuts the group’s Gilmore

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Industrial New South Wales News 

ESR picks up Villawood industrial site

September 7, 2021September 9, 2021 Marc Pallisco

ESR is paying $58.1 million for an industrial investment with medium-term development upside, in Villawood. The 7.45 hectare property, 9

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Industrial News Victoria 

ESR locks in logistics group at Truganina

August 19, 2021August 20, 2021 Marc Pallisco

ESR Australia has committed 101 Warehousing to Truganina’s West Industry Park. The deal includes a five year extension on a

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National News 

ESR pays $7.1b for ARA AM

August 10, 2021August 10, 2021 Marc Pallisco

Hong Kong listed ESR is paying $7.07 billion (US$5.2b) for Singapore’s ARA Asset Management. The deal will see the buyer

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Industrial National News 

ESR becomes Australia’s third largest industrial owner

June 17, 2021June 18, 2021 Marc Pallisco

ESR Australia today settled on a $3.8 billion purchase of 45 industrial investments – the Milestone collection – and a

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News Office Queensland 

ESR, Goldman Sachs selling State Law Building

May 26, 2021May 27, 2021 Marc Pallisco

ESR and Goldman Sachs are understood to have sold a government-backed Brisbane CBD office to Hines. The State Law Building

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Industrial New South Wales News 

ESR secures two pre-commitments at Horsley Park

May 19, 2021May 27, 2021 Marc Pallisco

ESR has started constructing its $320 million Horsley Logistics Park, in Sydney’s west, after securing two pre-commitments. In the biggest

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New South Wales News Queensland South Australia Victoria Western Australia 

ESR spends $3.8b on Australian logistics portfolio

April 18, 2021October 25, 2021 Marc Pallisco

ESR Australia is paying $3.8 billion – the highest price outlaid in one line for a collection of Australian property

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New South Wales News 

ESR banks $32m in west Sydney

February 24, 2021February 24, 2021 Marc Pallisco

ESR Australia has sold an office/warehouse in Sydney’s west. The Fairfield East property, 44-46 Mandarin Street, is trading to a

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New South Wales News Queensland Victoria 

ESR buys 11 Propertylink investments for $302.5m

November 20, 2020November 23, 2020 Marc Pallisco

ESR Australia is buying out one of its managed funds – the Propertylink Australian Industrial Partnership II (PAIP II) –

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National News 

GIC buys majority EALP stake from ESR Australia

September 28, 2020September 28, 2020 Marc Pallisco

Singapore sovereign wealth fund GIC will hold an 80 per cent stake in the ESR Australia Logistics Partnership (EALP) after

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News Victoria 

ESR buying 79ha Cranbourne West industrial site: sources

July 1, 2020July 1, 2020 Marc Pallisco

ESR is speculated to be spending more than $75 million on an industrial development site in Melbourne’s south east. The

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News 

GIC invests $400m with ESR for fund targeting Australian logistics sites

June 24, 2020June 25, 2020 Marc Pallisco

GIC, formerly known as Government of Singapore Investment Corporation, will tip $400 million into ESR Cayman Limited (ESR) vehicle ESR

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New South Wales News 

ESR sells Liverpool office for $52.5 million

April 8, 2020June 28, 2020 Marc Pallisco

E-Shang Redwood Group (ESR Cayman Limited) has banked $52.5 million selling a four storey office leased to Centrelink in Sydney’s

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National New South Wales News 

ESR seeds office mandate with two wholly owned business parks worth $138 million

December 13, 2019December 15, 2019 Marc Pallisco

ESR Cayman Limited will seed an office focused mandate using two wholly owned Sydney business parks, picked up as part

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News Victoria 

ESR banks $24m from Mulgrave business park

December 9, 2019February 13, 2021 Marc Pallisco

Singapore listed The Straits Trading Company is paying Hong Kong based logistics giant ESR $24 million for a Mulgrave business

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National News 

ESR and China Merchants Capital create $350 million Australian logistics investment arm

November 13, 2019November 13, 2019 Marc Pallisco

ESR Cayman Limited (ESR) has announced a deal with China Merchants Capital Investments Co Ltd (CMC) to seed a $350

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News Victoria 

ESR sells Dingley Village industrial investment for $19.75 million

October 15, 2019October 15, 2019 Marc Pallisco

Hong Kong based logistics real estate platform ESR is continuing to reweight its portfolio, selling an industrial investment in Melbourne’s

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News Victoria 

ESR lists $25 million-plus industrial investment in Melbourne’s Mulgrave

July 18, 2019July 18, 2019 Marc Pallisco

Hong Kong based logistics giant ESR, which rose to prominence in Australia last July when it acquired industrial developer CIP

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News Victoria 

Frasers, ESR, buy ex-Peters ice cream HQ from Charter Hall and pre-commit Nissan to an office which is now for sale

June 14, 2019June 14, 2019 Marc Pallisco

EXCLUSIVE Joint venture partners Frasers Property Australia (FPA) and ESR are paying Charter Hall $14.5 million for a 4.67 hectare

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Industrial News Victoria 

Indian food wholesaler upsizes in Melbourne

June 21, 2025June 21, 2025 Marc Pallisco

Indian food wholesaler Chetak has signed a 15 year lease for a new base within an industrial estate replacing former

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Industrial New South Wales News 

Woolworths formalises Eastern Creek pre-commitment

May 28, 2025May 28, 2025 Marc Pallisco

In the second major industrial pre-commitment this week, Woolworths has signed up for a 93,000 square metre fulfilment centre, in

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Industrial News Queensland 

Centuria banks $56m from south east Queensland warehouses

May 27, 2025May 27, 2025 Marc Pallisco

Centuria has sold three south east Queesland industrial investments on behalf of single asset funds. The deals for 76 Quinns

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Industrial New South Wales News 

Kmart commits to 100,000 sqm distribution centre

May 25, 2025May 26, 2025 Marc Pallisco

Kmart Group has pre-committed to a 100,000 square metre omnichannel fulfilment centre in Sydney’s west. ESR will deliver the c$500

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Industrial News Victoria 

US billionaire buys major Melbourne shed

May 8, 2025May 12, 2025 Marc Pallisco

Centuria, for a mandate backed by Starwood Capital, co-found by US billionaire and global real estate investor, Barry Sternlicht, has

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Industrial New South Wales News Queensland 

Frasers, Morgan Stanley seed industrial venture with eight assets

April 17, 2025April 18, 2025 Marc Pallisco

Frasers Property Industrial – controlled by Thai billionaire Charoen Sirivadhanabhakdi – today announced its first Australian capital partnership, choosing Morgan

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Industrial New South Wales News 

Manulife snaps up Masters-turned-logistics investment

April 15, 2025April 17, 2025 Marc Pallisco

Manulife Investment Management has made its first direct Australian real estate investment – a Masters turned distribution centre, in west

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Industrial News South Australia 

Fund managers trade major Adelaide distribution centre

April 15, 2025April 17, 2025 Marc Pallisco

EXCLUSIVE ESR has quietly sold another major industrial investment, this time at Dry Creek, 10 kilometres north of Adelaide. The

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Industrial News Queensland 

Blackstone scoops up another Brisbane business park

March 14, 2025March 18, 2025 Marc Pallisco

Blackstone has added another older business park to its book – choosing Brisbane again. The Arcadia Industrial Estate at Coopers Plains

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Industrial News Victoria 

Furniture retailer to move warehousing south

January 28, 2025January 28, 2025 Marc Pallisco

Focus on Furniture will relocate its local distribution centre 10 kilometres away from the city – at Cranbourne West. The

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Industrial News Queensland 

Garda quietly sells significant industrial asset

October 24, 2024October 24, 2024 Marc Pallisco

Garda Property Group has sold an industrial investment worth 22 per cent of its local portfolio. The funds through deal

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Industrial New South Wales News 

Spanish engineering giant sells under-utilised industrial site

July 18, 2024July 18, 2024 Marc Pallisco

EXCLUSIVE Engineering giant Acciona has sold a north west Sydney industrial holding for 10 per cent less than expectation when

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Industrial News Queensland 

Blackstone swoops on Brisbane business park

July 18, 2024July 18, 2024 Marc Pallisco

Blackstone is replenishing its industrial portfolio, picking up a business park abutting Brisbane Airport from Dexus. The 3.43 hectare investment,

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Industrial New South Wales News 

Fund managers trade $102m industrial estate

July 1, 2024July 1, 2024 Marc Pallisco

EXCLUSIVE ESR has sold a multi-building business park picked up with its takeover of Propertylink in late 2018. The 5.8

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Industrial News Victoria 

Import spike drives another car storage lease deal

June 11, 2024June 11, 2024 Marc Pallisco

A car import spike at Port Melbourne has driven another major industrial lease deal. This time, inventory and distribution management

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Industrial News Victoria 

Mattel commits Barbie, Ken to new Melbourne home

April 24, 2024April 25, 2024 Marc Pallisco

DHL Supply Chain has secured Mattel to one of two standalone office/warehouses it recently pre-committed to in Melbourne. The 31,000

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Industrial News Victoria 

Kennards expands historic Melbourne holding

April 12, 2024April 12, 2024 Marc Pallisco

Kennards Self Storage has quietly bought three small warehouses – all up covering 712 square metres – abutting one of

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Industrial News Victoria 

Lease assigned for major car storage facility

March 28, 2024March 28, 2024 Marc Pallisco

A landmark vehicle storage facility spreading 8.68 hectares across two Melbourne streets has been assigned between providers. The 18 month

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Industrial News Victoria 

Aware, Goodman trade uber-green Melbourne business park

March 27, 2024April 2, 2024 Marc Pallisco

EXCLUSIVE A south east Melbourne industrial estate containing the first warehouses registered with a v1 classification under the Green Building

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Industrial News Victoria 

Salta sells c$230m Melbourne industrial site

March 14, 2024March 18, 2024 Marc Pallisco

Two years after picking up a major Melbourne industrial development site, Salta has sold just over half for an impressive

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Industrial News Victoria 

Taxi giant sells prominent Clifton Hill warehouse to StorHub

March 4, 2024March 7, 2024 Marc Pallisco

EXCLUSIVE The Gange family, which via its Gange Corporation is the state’s largest taxi operator with various brands including Silver Top,

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Industrial New South Wales News 

Centuria creates $107m industrial supersite

February 29, 2024March 2, 2024 Marc Pallisco

EXCLUSIVE Centuria has added another property to a west Sydney amalgamation quietly being created since 2022. In Wetherill Park, 11

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Industrial New South Wales News 

Global fund managers swoop on $62m Sydney logistics site

February 7, 2024February 7, 2024 Marc Pallisco

An alliance comprising Switzerland based Partners Group and the United State’s Realterm has purchased its maiden Australian property – a

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Industrial News Victoria 

Cabrini arm consolidates Melbourne accommodation

November 28, 2023November 30, 2023 Marc Pallisco

EXCLUSIVE Cabrini Healthcare, which has a significant technology arm behind several brands, will consolidate its Assistive Living Technologies & Equipment

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Industrial New South Wales News 

M&G banks $107m from Sydney warehouses

November 27, 2023November 30, 2023 Marc Pallisco

M&G Real Estate has quietly sold a major west Sydney industrial investment for $107 million – more than twice what

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Industrial New South Wales News 

Syndicate snares farm abutting Western Sydney International

November 15, 2023November 16, 2023 Marc Pallisco

A gateway industrial development site at the south west tip of the Western Sydney International Airport, which is under construction,

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Industrial News Victoria 

Stockland fills first warehouse at $2b business park

October 23, 2023October 24, 2023 Marc Pallisco

Stockland has developed its first investment at Truganina’s $2 billion Melbourne Business Park following a pre-commitment by e-commerce giant New

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Industrial New South Wales News 

Lendlease makes tactical industrial play

September 19, 2023September 20, 2023 Marc Pallisco

Lendlease has snared a 3.2 hectare industrial investment to expand the Smithfield Exchange business park it bought five years ago

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Industrial News Victoria 

Harry the Hirer leases Melbourne warehouse

August 31, 2023August 31, 2023 Marc Pallisco

EXCLUSIVE Fresh from buying a riverside Abbotsford office to move his Harry the Hirer business to – after deciding to

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Industrial News Queensland 

Gold Coast warehouses sell prior to completion

August 30, 2023August 30, 2023 Marc Pallisco

Two near equal sized office/warehouses – all up offering 3318 square metres – in south east Queensland’s fastest growing residential

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News Office Victoria 

State government fills East Melbourne office

August 2, 2023August 2, 2023 Marc Pallisco

The Department of Treasury and Finance, on behalf of the Department of Education, has leased the balance of an East

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News Office Victoria 

Milwaukee leases ex-Toyota research centre

May 5, 2023May 6, 2023 Marc Pallisco

Milwaukee Tool – which turns 100 next year – has leased the former Toyota Technical Centre at Notting Hill. The

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Industrial New South Wales News 

Toll pre-commits to its largest Australian distribution centre

May 3, 2023May 3, 2023 Marc Pallisco

Toll Group has pre-committed to what will be its biggest Australian distribution and fulfilment centre. Covering 10.8 hectares – or

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New South Wales News Office 

Council spends $54.5m for office

February 13, 2023February 20, 2023 Marc Pallisco

Stirling Property Funds has sold a renovated Liverpool CBD office to the Inner West Council for $54.5 million – a

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Industrial News Victoria 

Leather carer to develop distribution centre

February 3, 2023February 3, 2023 Marc Pallisco

Shoe and leather care product maker Waproo will develop a distribution centre on a Truganina site it just acquired for

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Industrial News Western Australia 

Inghams commits to east Perth warehouse

January 29, 2023January 30, 2023 Marc Pallisco

ASX listed poultry supplier Inghams Group has committed to a temperature-controlled distribution centre at LOGOS’ Hazelmere Logistics Estate, east of

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Industrial News Victoria 

Occupiers spend over $18m in Truganina

November 23, 2022November 24, 2022 Marc Pallisco

Occupiers have swooped on two Truganina industrial assets. In the biggest deal, Success Logistics paid $13.5 million for a 5061

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Industrial News Queensland 

CEVA to establish Queensland HQ

November 6, 2022November 6, 2022 Marc Pallisco

CEVA Logistics has pre-committed to another ESR business park, this time, Berrinba’s Gilmore Industrial Estate, 25 kilometres south of Brisbane.

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Industrial New South Wales News Queensland Victoria 

Greystar snares five east coast industrial sites

October 20, 2022October 21, 2022 Marc Pallisco

Greystar has established an Australian industrial development pipeline with the purchase of five east coast assets. At 26 Ferndell Street,

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Industrial News Victoria 

Developer snaps up central Truganina site

September 6, 2022September 6, 2022 Marc Pallisco

An industrial developer has acquired a 2.1 hectare central Truganina site for $15 million. The land is one of the

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Industrial News Victoria 

ISPT spends big in Melbourne’s ‘Toorak of industrial’

August 31, 2022September 2, 2022 Marc Pallisco

ISPT, which earlier this year appointed a new leader, Chris Chapple, set to start in October, is speculated to be

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Industrial New South Wales News 

Church makes tactical $55m Central Coast warehouse play

May 25, 2022May 25, 2022 Marc Pallisco

The Seventh-Day Adventist Church has outlaid $55 million for a 6.5 hectare Central Coast industrial asset behind the manufacturing plant

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Industrial News Victoria 

RMA leases Mickleham warehouse

April 14, 2022April 14, 2022 Marc Pallisco

Dexus is the latest landlord to be rewarded for building a large warehouse on a speculative basis, securing a lease

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Industrial New South Wales News 

DHL snaps up Western Sydney Aerotropolis site

March 31, 2022April 12, 2022 Marc Pallisco

DHL is paying fund manager Roberts Jones over $140 million for a 24 hectare industrial development site abutting the Western

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Industrial News Victoria 

Early Settler, CEVA pre-commit to major Melbourne warehouses

March 30, 2022March 31, 2022 Marc Pallisco

Two major south east Melbourne industrial pre-commitments have been signed this month. In the biggest deal, Early Settler will occupy

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Industrial New South Wales News 

Bob Ell banks major capital gain at Milperra

March 14, 2022March 15, 2022 Marc Pallisco

Bob Ell’s Leda Holdings has banked a substantial capital gain from an older-style Milperra industrial investment held for four years.

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News Office Victoria 

Singapore group swoops on two Docklands offices

February 15, 2022July 3, 2022 Marc Pallisco

Singapore listed Straits Trading Company has substantially increased its exposure to Melbourne, outlaying c$150 million for two neighbouring mid-rise offices

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Industrial National News 

Blackstone spends $2.1b for stake in logistics portfolio

December 10, 2021December 10, 2021 Marc Pallisco

Blackstone, via its Core+ Real Estate strategy in Asia, will pay $2.1 billion for a 49 per cent stake in

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Industrial News Victoria 

Dandenong South warehouse sells for $20m

November 15, 2021November 15, 2021 Marc Pallisco

A land rich Dandenong South industrial investment has sold for c$20 million reflecting a 3.25 per cent yield. Despite its

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