logistics

Industrial property has been the standout of Australia’s commercial property market, but a recent increase in warehouse vacancy has marked a surprising turn for the star sector. Recent Knight Frank data has shown a 7% …

A mega-sale to UniSuper and superannuation fund-backed manger ISPT sweeps away the last vestige of a China-backed plan for a city on the doorstep of the new Western Sydney airport.

The deal shows that industrial portfolio trades are still on the agenda despite quieter times in capital markets.

Asian warehousing giant ESR has paid $107m for a logistics property in Sydney’s Erskine Park.

The big sites around the new airport are changing hands and as developers swoop there are few bargains to be had in the once idyllic rural setting on the city fringes.

Only 25 years into a 99-year lease, the Bird family’s Archerfield Airport has long-term plans to become an industrial hub.

The private equity player is exiting after backing a move to assemble the holdings in the depth of the pandemic.

Warehouse powerhouse ESR is set to become the latest player to capitalise on the last-mile logistics boom, thanks to its venture with China Merchants Capital Investment.

The real estate fund manager was an early mover in the sector and is now expanding its remit along the eastern seaboard.