Fenner Dunlop’s Belle Banne pre-commits to Salta’s Nexus Industrial Estate

Salta Properties has pre-committed an arm of Fenner Dunlop, the world’s biggest manufacturer of conveyor belting for mining and industrial applications, to a Dandenong South warehouse. Belle Banne Conveyor Service’s facility, within the Nexus Industrial Estate on Portlink Drive will include a double storey 438 square metre office. Attached to that will be a 6560

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Frasers’ logistics trust buys Melbourne and Thames Valley investments, sells half stake of Brisbane facility

Frasers Logistics & Commercial Trust will pay its parent Frasers Property $91.6 million (S$89.9m) for an industrial investment in Melbourne and a high-tech business park in the Thames Valley (pictured, top), about 60 kilometres west of London. The Singapore listed fund also announced today it is selling its remaining half stake in a Coles-leased cold

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Nationwide Towing & Transport founders sell four industrial investments with a leaseback

The founders of Nationwide Towing & Transport have sold four industrial investments with a leaseback for a speculated total price of more than $14 million. The same vendors separately offloaded Collingwood’s Melbourne Impound Yard to RACV – which in 2017 acquired a 51 per cent stake of the tow business now under the Nationwide Group

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FJT leases distribution centre from Melbourne Airport Corporation

FJT Logistics has leased a Melbourne Airport distribution centre just vacated by Japanese rival, Nippon Express, which has expanded. The 4,532 square metre property, Warehouse B, Reid Way, is within Melbourne Airport Business Park and owned by Melbourne Airport Corporation. Knight Frank’s Marco Sandrin and Brent Glassford brokered the deal. FJT will relocate from Keilor

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Dexus Australia Logistics Trust spends $269.4m on six assets

Dexus will sell Lake Business Park South, near Sydney Airport, and five premium quality industrial assets in Melbourne’s Truganina, to Dexus Australia Logistics Trust – in which it controls 51 per cent. The $269.4 million deal reflects a 5.3pc passing yield. The portfolio of newly constructed properties is 91pc occupied with a weighted average lease

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McDonald’s chooses Melton South for Australia’s thousandth store

McDonald’s has chosen Weir Views – one of 11 suburbs recently gazetted around Melbourne’s Melton South – for its thousandth Australian restaurant. The Opalia Shopping Centre venue near the north west corner of Exford and Elpis roads will also be the group’s first flagship sustainable store here. To be constructed using recycled materials, including for

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