BYD expands in Melbourne, Sydney
Chinese car giant BYD has expanded again, committing to additional space at a Melbourne industrial estate (pictured, right) acquired late last year by EG Funds.
The car maker has signed a six year lease, extending its presence at the 1.98 hectare business park at 899 Mountain Highway, Bayswater.
The commitment comes six months since EG, for its Private Wealth arm, paid $19 million for investment – with five standalone buildings containing a total 10,834 square metres.
At the time of settlement, BYD had just signed up to part.
Rival Zeekr has also been expanding its local presence, recently leasing an ex-Wittner outlet in Sydney’s Waterloo.
Not long earlier, that group leased its maiden Queensland showroom – in Brisbane.
Dealership Lansvale Motor Group also rented an Australian showroom in 2024, in Sydney’s Prestons (continues below).
BYD expands in Australia
The Bayswater deal comes in the week BYD committed to a showroom in Sydney’s Moorebank.
Meanwhile its premium marque, Denza, recently leased an industrial space at Alexandria, again in the New South Wales capital.
Its national headquarters is in Macquarie Park, in Sydney’s north west.
Last October, BYD committed to a Victorian headquarters – part of a Salta estate in Melbourne’s south east.
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