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Industrial

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 Queensland 

Metals giant outlays $88m in Pinkenba

May 25, 2022May 25, 2022 Marc Pallisco

Sentinel Property Group has banked $88 million – a significant capital gain on the $48.5m it outlaid in October, 2017

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Industrial New South Wales News Retail 

Goodman secures another Alexandria site

May 18, 2022May 18, 2022 Marc Pallisco

Goodman Group has purchased another Alexandria bulky goods complex from Greg Karedis and Peter Cortis-Jones’ Arkadia. The 3.438 hectare Alexandria

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Industrial News Victoria 

MAB snares 45ha Melbourne employment site

May 12, 2022November 21, 2022 Marc Pallisco

MAB Corporation has snapped up three adjoining Thompsons Road, Cranbourne East, sites with plans for a $400 million logistics park.

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Industrial New South Wales News 

Charter Hall expands Minto holding again

May 12, 2022May 12, 2022 Marc Pallisco

Charter Hall, on behalf of the Prime Industrial Fund, has quietly purchased another holding on Minto’s Airds Road. The 1.34

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Industrial New South Wales News 

Kumho doubles down in Sydney

May 16, 2022May 16, 2022 Marc Pallisco

Kumho Tyres will more than double the size of its Sydney distribution centre and storage facility, with the pre-commitment of

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Industrial News Victoria 

Nolan consolidates to Dandenong South HQ

May 9, 2022May 9, 2022 Marc Pallisco

Nolan Group will consolidate several south east locations, including its Dingley Village headquarters, to a Dandenong South office/warehouse (artist’s impression,

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Industrial News Tasmania 

Endeavour, Warakirri acquire Tasmanian vineyard, business

May 2, 2022May 2, 2022 Marc Pallisco

The recently listed Endeavour Group has teamed with Warakirri Asset Management to acquire the real estate and business of Tasmanian

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Industrial News Victoria 

Burson leases Preston showroom

May 1, 2022May 1, 2022 Marc Pallisco

Burson Auto Parts has leased a modern Preston office/industrial building for a store. The Bapcor brand is paying starting annual

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Industrial News Office Queensland 

Government buys West End site for Olympic broadcast centre

April 29, 2022April 30, 2022 Marc Pallisco

The state government has snapped up a prominent waterfront West End industrial site with plans to convert it to the

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Industrial News Victoria 

Silk expands in Melbourne’s west

April 26, 2022April 26, 2022 Marc Pallisco

Silk Contracts Logistics has rented a second west Melbourne warehouse from Frasers Property Industrial. The 12,726 square metre facility, under

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Industrial New South Wales News Queensland 

Hines enters Australian industrial sector with $211.5m portfolio

April 20, 2022April 23, 2022 Marc Pallisco

Hines has entered the Australian industrial sector snaring four east coast investments, some with development upside, from fund manager Pipeclay

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Industrial New South Wales News 

Coombes acquires maiden industrial asset

April 19, 2022April 19, 2022 Marc Pallisco

After investing in cinemas, offices, shops, residential and land, Coombes Property Group has acquired its first industrial asset, opposite Sydney

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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 News Queensland 

Centennial outlays $24m on Brisbane warehouses

April 14, 2022April 22, 2022 Marc Pallisco

Centennial has outlaid $23.7 million for two more Brisbane industrial investments. At Pinkenba, near Brisbane Airport, the fund manager and

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Industrial New South Wales News 

BlackRock, NashCap JV outlay $120m for Sydney industrial park

April 11, 2022April 11, 2022 Marc Pallisco

Urban Logistics Co, a joint venture between BlackRock Real Estate Assets and NashCap, has paid $120 million for the Kirby

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Industrial News Victoria 

Assembly snaps up two more Melbourne industrial investments

April 4, 2022April 6, 2022 Marc Pallisco

Lowy family backed Assembly Funds Management and Cadence Property Group have snared two more Melbourne industrial investments for the Assembly

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Industrial News Residential Victoria 

Maribyrnong warehouses earn $20m from developer

April 4, 2022April 4, 2022 Marc Pallisco

Another industrial property around the Highpoint Shopping Centre will make way for a major apartment complex, after selling to a

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Hotels Industrial National News Office Residential Retail Spotlight 

Federal Budget 2022-23: how will it affect Australia’s key property sectors?

March 30, 2022April 1, 2022 Colliers

This is an excerpt of a Colliers Research report republished with permission. To download the full document, follow this link.

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Industrial News Victoria 

Spotswood coach depot trades at 1.99pc yield

April 1, 2022April 1, 2022 Marc Pallisco

A Spotswood coach depot once owned by AAT Kings Tours has sold for $6.4 million reflecting a low 1.99 per

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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 New South Wales News 

Prestons warehouse trades at record low 3.35pc yield

March 31, 2022March 31, 2022 Marc Pallisco

A warehouse under construction at Prestons has sold to Pittwater Industrial for $58.255 million reflecting a record low yield for

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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 News Victoria 

Consortium swoops on Kensington’s Younghusband site

March 29, 2022April 1, 2022 Marc Pallisco

ASX-listed Irongate Group, local construction firm Built and Canada’s Ivanhoé Cambridge are paying $60 million for Kensington’s Younghusband site. The

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Industrial News Queensland 

Macquarie snares full control of Cubbie Station

March 24, 2022March 24, 2022 Marc Pallisco

China based textile group Shandong Ruyi has exited the landmark Cubbie Station near Dirranbandi – selling its 51 per cent

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Industrial News Victoria 

Amazon chooses Melbourne for first Australian sort centre

March 18, 2022March 18, 2022 Marc Pallisco

Amazon will open its first Australian sort centre at Goodman Group’s Amaroo Business Park, in Craigieburn. The 15,600 square metre

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Industrial News Queensland 

Winning Group commits to $200m industrial estate

March 17, 2022March 17, 2022 Marc Pallisco

Winning Group is the first tenant to pre-commit to a Wacol industrial estate being delivered by LOGOS, KKR and Mubadala

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Industrial News Western Australia 

Andrew Forrest spends $70m on East Kimberley cattle stations

March 15, 2022March 16, 2022 Marc Pallisco

Andrew and Nicola Forrest, via their diversified agribusiness, Harvest Road, have picked up a portfolio of East Kimberley cattle stations.

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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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Industrial National News 

ADIA boosts exposure to industrial fund

March 14, 2022March 14, 2022 Marc Pallisco

The Abu Dhabi Investment Authority will tip over a billion dollars into the LOGOS Australian Logistics Venture, created with LOGOS,

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Industrial New South Wales News 

Lineage acquires west Sydney site for $250m cold storage warehouse

March 9, 2022March 10, 2022 Marc Pallisco

Lineage Logistics has acquired a seven hectare site within Mirvac’s Aspect Industrial Estate, at Kemps Creek. The Michigan based distribution

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Industrial News Victoria 

Campbellfield industrial lots trade for record rate

March 8, 2022March 8, 2022 Marc Pallisco

An occupier has outlaid $9 million for three adjoining Campbellfield industrial lots. The price for the 1.193 hectare holding covering

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Industrial New South Wales News 

Yoghurt factory collects $8.2m from pharmaceutical group

March 3, 2022March 3, 2022 Marc Pallisco

A pharmaceutical group has paid $8.2 million for a Smithfield industrial property with plans to occupy. The 4546 square metre

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Industrial News Queensland 

Charter Hall, PGGM secure inner Brisbane industrial investment with upside

February 28, 2022February 28, 2022 Marc Pallisco

Charter Hall and Dutch pension fund PGGM have outlaid $60 million for a fully leased Bowen Hills industrial investment with

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Industrial News Victoria 

Panel beater leases ex-Mazda distribution centre

February 23, 2022February 24, 2022 Marc Pallisco

Charter Hall has secured collision repair and parts provider AMA Group to the Somerton Logistics Estate in Melbourne’s north. The

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Industrial News Queensland 

Clarence swoops on Brisbane industrial site

February 18, 2022February 18, 2022 Marc Pallisco

Clarence Property intends to develop a business park – Heathwood Hub – on a 17 hectare south Brisbane site it

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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 

Preston warehouse trades between investors

February 11, 2022February 11, 2022 Marc Pallisco

Private investors have traded a large Preston warehouse which has been occupied by one business since 1994. The 4916 square

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Industrial News Victoria 

Ascot picks up regional wine distribution centre

February 10, 2022February 10, 2022 Marc Pallisco

The Wine Depot, a brand of ASX-listed Digital Wine Ventures, has sold a Barnawartha North distribution centre with a 12

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Industrial New South Wales News Victoria 

LOGOS boosts east coast development pipeline

February 9, 2022February 9, 2022 Marc Pallisco

LOGOS, in a partnership created last year with KKR and Mubadala Investments, has snapped up two east coast development sites

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Industrial New South Wales News 

Aliro snares neighbouring Chipping Norton sites

February 2, 2022February 2, 2022 Marc Pallisco

Aliro has quietly snapped up two neighbouring Chipping Norton industrial investments for their development upside. The 4.91 hectare holding incorporating

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Industrial News Victoria 

SPC offloads Shepparton plant with a leaseback

January 31, 2022January 31, 2022 Marc Pallisco

SPC has sold its landmark Shepparton food processing plant and distribution centre with a 30 year leaseback. The $66 million

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Industrial N.T. News Office 

Sentinel invests again in the NT

January 7, 2022May 16, 2022 Marc Pallisco

Sentinel has acquired two more top end properties. In Darwin, the fund manager is paying $7.4 million for a cold

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Industrial News Victoria 

GeelongPort sold for c$1.2b

January 4, 2022January 5, 2022 Marc Pallisco

Palisade Investment Partners has made its second major infrastructure purchase in two months – teaming with Spirit Super to acquire

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Industrial News Victoria 

Aliro secures Dandenong South warehouse

December 22, 2021December 23, 2021 Marc Pallisco

David Southon and Daniel Wise’s Aliro Group has snapped up another Melbourne industrial investment, this time at Dandenong South. The

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Industrial News Retail Victoria 

Epping commercial sites fetch c$50m

December 22, 2021February 10, 2022 Marc Pallisco

Three major commercial properties across the road from each other in Epping, considered the CBD of Melbourne’s north, have sold

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Industrial News Victoria 

Sector embarks on major spending spree

December 22, 2021December 22, 2021 Marc Pallisco

Sector Property Group has swooped on a major industrial asset in Melbourne’s west Altona, with plans for a business park.

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Industrial New South Wales News Retail 

Former Toll exec banks $128.5m from industrial investments

December 21, 2021December 21, 2021 Marc Pallisco

Lyall McLachlan, who in 1985 teamed with Paul Little and Peter and Mark Rowsthorn to acquire Toll Holdings, has sold

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Industrial News Victoria 

Holman expands in Broadmeadows

December 16, 2021December 16, 2021 Marc Pallisco

Holman Industries has leased part of the Broadmeadows Logistics Estate, under construction on the site of an ex-Woolworths distribution centre.

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Industrial News Victoria 

LOGOS secures car parts giant to Broadmeadows

December 14, 2021December 15, 2021 Marc Pallisco

LOGOS has secured GPC Asia Pacific to a 39,000 square metre distribution centre at its Broadmeadows Logistics Estate, north of

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Industrial News South Australia Victoria 

Proterra banks $360m from SA, Vic farms

December 12, 2021December 12, 2021 Marc Pallisco

Proterra Investment Partners has banked over $360 million selling 49 farms to 23 local buyers. The price for the Corinella

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Industrial News Victoria 

Yiddinga sold after 30 years

December 12, 2021December 12, 2021 Marc Pallisco

Farmer Andrew Farran, a former Australian diplomat and trade advisor, has sold West Wimmera’s Yiddinga after 30 years. Six kilometres

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Industrial News Queensland 

SC Capital makes maiden Brisbane investment

December 12, 2021December 12, 2021 Marc Pallisco

In its maiden Brisbane deal, SC Capital has picked up a Stapylton industrial investment with immediate development upside. The 3.7

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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 Office Victoria Western Australia 

Irongate invests $156m in Perth, Melbourne

December 10, 2021March 2, 2023 Marc Pallisco

Irongate (IAP) is paying $26 million for a business park in Perth’s Bibra Lake. The deal for 16 Aspiration Court

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Industrial New South Wales News 

Tradezone leases Goodman distribution centre

December 8, 2021December 8, 2021 Marc Pallisco

Online electrical wholesaler Tradezone has leased part of Goodman’s Huntingwood East Distribution Centre as its maiden Sydney location. The agreement

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Industrial News Victoria 

Panel maker leases warehouse in ‘CBD of the north’

December 9, 2021December 9, 2021 Marc Pallisco

Creative Composites, which manufactures panels for recreational vehicles (RVs) and the construction industry, has leased an Epping warehouse about to

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Hotels Industrial News Western Australia 

Andrew Forrest buys farm, hotel and vineyard

December 8, 2021December 8, 2021 Marc Pallisco

Andrew and Nicola Forrest’s Tattarang has outlaid about $50 million for two Western Australia investments. In the biggest deal, the

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Industrial News Victoria 

EG doubles down in Blackburn

December 6, 2021December 7, 2021 Marc Pallisco

Forza Capital has sold two east Melbourne industrial investments to EG Funds Management. In the biggest deal, a multi-tenanted 21,903

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Industrial News Victoria 

Shaw Fabrics pre-commits to Frasers industrial estate

December 3, 2021April 26, 2022 Marc Pallisco

Frasers Property Industrial has pre-committed a second group, Shaw Fabrics, to Tarneit’s Canvas West business park. The blinds and fabric

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Industrial News Victoria 

Derrimut, Kilsyth warehouses earn $32.35m from private buyers

December 3, 2021December 3, 2021 Marc Pallisco

Local private investors have splashed out over $30 million on mid-size industrial assets each side of the city. In Kilsyth,

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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 Victoria 

Westbridge seeds fund with Broadmeadows warehouse

November 29, 2021November 30, 2021 Marc Pallisco

Holman Industries has sold a major Broadmeadows warehouse with a leaseback. The $15.36 million deal for 125 and 145 Northcorp

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Industrial News Victoria 

Brix, Costa AM acquire prominent Bayswater warehouse

November 29, 2021November 29, 2021 Marc Pallisco

A partnership comprising Brix Property Group and Costa Asset Management has purchased another infill industrial investment – this time at

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Industrial New South Wales News 

Aliro fills more of ex-Toyota sales HQ

November 29, 2021November 29, 2021 Marc Pallisco

Aliro has secured Australia Post to 12,750 square metres of Toyota’s former Woolooware Bay sales and marketing office, and warehouse,

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Industrial News Queensland 

Rural Funds buys Queensland cattle stations

November 29, 2021November 29, 2021 Marc Pallisco

Rural Funds Management is paying $68.8 million – some 20 per cent over expectation – for an aggregation of Queensland

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Industrial News Office Victoria 

Perri buys Fishermans Bend site

November 26, 2021November 26, 2021 Marc Pallisco

Perri Projects is paying $15.65 million for adjoining Fishermans Bend office/warehouses. On a 7377 square metre Capital 1 zoned site,

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Industrial News Queensland 

Dexus snaps up Narangba warehouse

November 23, 2021November 23, 2021 Marc Pallisco

Dexus has paid $44.5 million for an industrial investment in Brisbane’s north Narangba. The price for 9 Boron Street reflects

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Industrial News Victoria 

Bambis leases Truganina warehouse from Frasers

November 17, 2021November 17, 2021 Marc Pallisco

Frasers Property Australia has snared homewares wholesaler Bambis to its West Park Industrial Estate, at Truganina. The tenant, responsible for

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Industrial News South Australia 

QIC spends $13.4m on former Futuris factory

November 17, 2021November 17, 2021 Marc Pallisco

Queensland Investment Corporation has swooped on an Adelaide warehouse for years occupied by Futuris Automotive Interiors. The fund manager is

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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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Industrial New South Wales News 

Pittwater purchases Milperra industrial investment

November 15, 2021November 16, 2021 Marc Pallisco

Pittwater Industrial has paid $34.2 million for a Milperra warehouse investment. The deal for 373 Horsley Road is a major

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Industrial News Queensland 

Cadence flips Redbank site for massive premium

November 14, 2021November 14, 2021 Marc Pallisco

Cadence Property Group has offloaded a Redbank industrial site for $17 million. The sale of 36-48 River Road to an

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Industrial News Victoria 

Dixie Cummings sells Seaford warehouse with a leaseback

November 10, 2021November 11, 2021 Marc Pallisco

Furniture importer and wholesaler Dixie Cummings has sold a Seaford industrial site with a leaseback. On 4.3 hectares, 80 Hartnett

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Industrial News Western Australia 

Quadrant invests again in Perth

November 10, 2021November 10, 2021 Marc Pallisco

Perth fund manager Quadrant Investments has picked up a second asset for its Q1 Diversified Income Trust, which launched in

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Industrial New South Wales News Queensland Victoria 

Centuria picks up four investments with development upside

November 8, 2021November 8, 2021 Marc Pallisco

Centuria, for its Industrial REIT (CIP), has spent $129.4 million on four east coast investments with development upside. In the

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Industrial News Victoria 

PEGS buys up more of Keilor Park

November 5, 2021November 5, 2021 Marc Pallisco

Penleigh and Essendon Grammar School is speculated to have bought a major industrial asset next door to its 24 hectare

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Industrial News Victoria 

GPT commits logistics group to Truganina

November 5, 2021November 5, 2021 Marc Pallisco

The GPT Group has secured Glen Cameron Group to a major industrial property at its Gateway Logistics Hub, in Truganina.

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Industrial News Victoria 

Salta acquires controversial Cranbourne West industrial site

November 3, 2021March 14, 2024 Marc Pallisco

A Cranbourne West industrial site – the subject of an independent broad-based Anti-Corruption Commission investigation – has quietly sold to

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Industrial News Victoria 

Blackstone locks up Fort Knox portfolio

November 4, 2021November 4, 2021 Marc Pallisco

Blackstone is paying $400 million for Fort Knox Self Storage, which includes 11 Melbourne properties. The deal is with the

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