Charter Hall pre-commits Uniqlo Australia to 46,000 sqm Truganina distribution centre

Uniqlo, which started trading in Australia in 2014, has pre-committed to a 46,000 square metre distribution centre at Truganina, in Melbourne’s west. The $28 billion fashion empire has signed a 10 year lease for the facility to be developed by early 2021, and retained by Charter Hall Prime Industrial Fund (CPIF). The investment is earmarked

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CEVA Logistics commits to last piece of FPI’s West Park Industrial Estate in Truganina

Frasers Property Industrial has found a tenant to occupy the last piece of land at its 310 hectare West Park Industrial Estate in Melbourne’s western Truganina. CEVA Logistics, which already occupies 238,670 square metres of industrial stock at the park (including a landmark 166,000 sqm, $80 million warehouse), has signed a six year lease for

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Stockland to co-develop $2 billion Truganina business park – the largest industrial project in Melbourne’s west

Stockland has teamed with Mt Atkinson Holdings – led by a consortium of Melbourne businessmen – to create a $2 billion commercial park, set to be the largest industrial project in that city’s west. It is hoped the 260 hectare site, 25 kilometres from the CBD, in Truganina, will also become the city’s largest and

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ID_Land lists Truganina Central Shopping Centre site

EXCLUSIVE Another mixed-use development opportunity within the heart of a burgeoning new Melbourne pocket is for sale with residential builder ID_Land offering the 2.2 hectare site master-planned to make way for the Truganina Central Shopping Centre. The retail and commercial asset (artist’s impression, top) will contain 7390 square metres of lettable area. CBRE marketing agents

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Major Industrial Development Sites in Truganina Expected to Fetch $12 Million

RECEIVERS for the owners of a versatile 555-hectare Truganina property, the largest asset measured by area to hit the market last year, are selling down the property in smaller chunks.

After failing to sell for a total $100 million in separate campaigns in 2010, and 2011, four industrial development sites, each measuring about 42 hectares are now for sale, in a campaign being managed by Biggin Scott Commercial’s Andrew Egan and Frank Nagle.

Accessed via Hopkins Road, the blocks are expected to sell for about $3 million each.

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Truganina South Melbourne’s Newest Suburb

A NEW Melbourne suburb, 19 kilometres south-west of town, has been unveiled.

Truganina South will be developed on a 250 hectare block of land near Hoppers Crossing and in the council area of Wyndham which was recently identified as the country’s fastest growing.

Planning minister Matthew Guy (pictured, right) launched the suburb bound by Leakes, Palmers and Sayers roads, and, traveling west, farmland on the way to Derrimut Road.

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UGB Changes Great For Truganina Sale Campaign

Truganina siteTHE timing of last week’s Urban Growth Boundary changes couldn’t have come at a better time for the syndicate of investors selling Melbourne’s biggest development site, measured by area.

The massive 555 hectare site at Truganina, in Melbourne’s west, is expected to sell for $100 million – after failing to sell for about that amount two years ago, at the start of the economic downturn, and before the site’s zoning future was confirmed.

“Under the rezoning the site will be a keystone property for the future development of Melbourne,” said CB Richard Ellis director Walter Occhiuto, who is selling the site with Tom Hayes, said.

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UGB Changes Great For Truganina Sale Campaign

Truganina siteTHE timing of last week’s Urban Growth Boundary changes couldn’t have come at a better time for the syndicate of investors selling Melbourne’s biggest development site, measured by area.

The massive 555 hectare site at Truganina, in Melbourne’s west, is expected to sell for $100 million – after failing to sell for about that amount two years ago, at the start of the economic downturn, and before the site’s zoning future was confirmed.

“Under the rezoning the site will be a keystone property for the future development of Melbourne,” said CB Richard Ellis director Walter Occhiuto, who is selling the site with Tom Hayes, said.

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555 Hectare Truganina Site, Melbourne, Relisted For Sale

MELBOURNE’s biggest residential development site, measured by area, was quietly relisted for sale this week.

After failing to sell last year, the private families that control a 555 hectare block of land at 65 – 453 Hopkins Street, in Truganina, are trying their luck in a more buoyant market.

The land is near the new Western Freeway extension (known during construction as the Deer Park Bypass), which opened last year, and marries into the Western Highway at the suburb border of Caroline Springs, Ravenhall and Rockbank.

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Wesfarmers to close up to 75 Target Australia outlets and re-brand 92 as Kmart

Wesfarmers will undertake a major restructure of its Target business, close up to 75 stores and re-brand another 92 as Kmart. An announcement today also spells the end of Target Country. The discount department store traded from 289 outlets nationally and employed 13,000 people. A “significant” reduction in the business support office – which only

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Charter Hall pre-commits Coles to Melbourne and Sydney fulfilment centres

Coles Group has pre-committed to two high-tech distribution centres at Charter Hall Prime Industrial Fund (CPIF) owned estates in Melbourne and Sydney. The agreements, for a combined lettable area of 60,000 square metres, come six months after Charter Hall Group reset and extended leases to the same tenant, affecting Adelaide and Perth warehouses measuring a

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