Barings Real Estate’s Post

SOLD | $61,000,000 | 704-744 Lorimer Street, Port Melbourne VIC The Cushman & Wakefield Capital Markets Logistics & Industrial team congratulates our valued client on the successful divestment of 704-744 Lorimer Street, Port Melbourne VIC for $61,000,000. The 3.34 hectare landholding represents one of the closest sites of scale to the Melbourne CBD zoned for industrial and commercial use, boasting unrivalled location fundamentals, extensive street frontages and high visibility just metres from the West Gate Freeway and Citylink interchanges. Improved with a multi-tenant distribution facility totalling 25,372 sqm, the asset is well suited for a range of existing uses and repositioning outcomes. Further, the asset offers significant upside with the benefit of existing income and a short 1.9-year WALE, allowing for a wide range of future development outcomes including business park, multi-level warehousing, advanced manufacturing, life sciences and data centre. The asset sold via an Expressions of Interest (EOI) campaign and attracted strong interest from a diverse buyer profile including private investors, syndicates as well as institutional groups, both local and offshore. This interest was driven by the rare opportunity to acquire a high-profile infill investment/landholding on the doorstep of the Melbourne CBD. For further information on this transaction, please contact Chris Jones (+61 477 881 882), Tony Iuliano (+61 412 992 830) or Adrian Rowse (+61 414 836 817). Gary Hyland Nick Goodridge Charlie Holmes Brendan Harrison Oliver McIntosh Jack Shearer Archie Cropley Vivian Nguyen Bronte Senn Sarah Baker #Cushwake #CapitalMarkets #Industrial #Logistics #LogisticsandIndustrial #Investments #Melbourne #Australia

MAJOR TRANSACTION ANNOUNCEMENT - $600 MILLION | AUSTRAK BUSINESS PARK, SOMERTON VIC   The Cushman & Wakefield Capital Markets Logistics & Industrial team would like to congratulate Aware Super and Barings on the successful acquisition of the 100% interest in Austrak Business Park, Somerton, VIC. This marks the largest estate transaction in Victorian history.   Comprising a major intermodal estate across an impressive 100 ha of land within the heartland of Northern Melbourne’s core industrial precinct, Austrak Business Park is inclusive of a state-of-the-art intermodal terminal, stabilised component spanning ~190,000 sqm of GLA and future development land of ~38 ha with potential to add a further ~200,000 sqm of GLA.   This transaction is the largest single asset sale within the industrial and logistics sector nationally since 2021 and highlights the sustained demand for scale within the Australian logistics and industrial landscape, reinforcing the sector as the preferred asset class in the APAC region.    We would like to thank all involved in completing this landmark transaction.   Michelle McNally Pete Carstairs Shaun Hannah Neva Courts Gareth Price   For further information on this transaction, please contact Tony Iuliano (+61 412 992 830), Adrian Rowse (+61 414 836 817) or Chris Jones (+61 477 881 882). Read the article in The Australian today. https://lnkd.in/gqNhsmB3   Gary Hyland Charlie Holmes Nick Goodridge Jay Nash Brendan Harrison Oliver McIntosh Jack Shearer Vivian Nguyen Bronte Senn Sarah Baker   #CushWakeCapitalMarkets #CushWake #CapitalMarkets #Industrial #Logistics #IndustrialandLogistics #Investments #Brokerage

SOLD | $61,000,000 | 704-744 Lorimer Street, Port Melbourne VIC The Cushman & Wakefield Capital Markets Logistics & Industrial team congratulates our valued client on the successful divestment of 704-744 Lorimer Street, Port Melbourne VIC for $61,000,000. The 3.34 hectare landholding represents one of the closest sites of scale to the Melbourne CBD zoned for industrial and commercial use, boasting unrivalled location fundamentals, extensive street frontages and high visibility just metres from the West Gate Freeway and Citylink interchanges. Improved with a multi-tenant distribution facility totalling 25,372 sqm, the asset is well suited for a range of existing uses and repositioning outcomes. Further, the asset offers significant upside with the benefit of existing income and a short 1.9-year WALE, allowing for a wide range of future development outcomes including business park, multi-level warehousing, advanced manufacturing, life sciences and data centre. The asset sold via an Expressions of Interest (EOI) campaign and attracted strong interest from a diverse buyer profile including private investors, syndicates as well as institutional groups, both local and offshore. This interest was driven by the rare opportunity to acquire a high-profile infill investment/landholding on the doorstep of the Melbourne CBD. For further information on this transaction, please contact Chris Jones (+61 477 881 882), Tony Iuliano (+61 412 992 830) or Adrian Rowse (+61 414 836 817). Gary Hyland Nick Goodridge Charlie Holmes Brendan Harrison Oliver McIntosh Jack Shearer Archie Cropley Vivian Nguyen Bronte Senn Sarah Baker #Cushwake #CapitalMarkets #Industrial #Logistics #LogisticsandIndustrial #Investments #Melbourne #Australia

MAJOR TRANSACTION ANNOUNCEMENT - $600 MILLION | AUSTRAK BUSINESS PARK, SOMERTON VIC   The Cushman & Wakefield Capital Markets Logistics & Industrial team would like to congratulate Aware Super and Barings on the successful acquisition of the 100% interest in Austrak Business Park, Somerton, VIC. This marks the largest estate transaction in Victorian history.   Comprising a major intermodal estate across an impressive 100 ha of land within the heartland of Northern Melbourne’s core industrial precinct, Austrak Business Park is inclusive of a state-of-the-art intermodal terminal, stabilised component spanning ~190,000 sqm of GLA and future development land of ~38 ha with potential to add a further ~200,000 sqm of GLA.   This transaction is the largest single asset sale within the industrial and logistics sector nationally since 2021 and highlights the sustained demand for scale within the Australian logistics and industrial landscape, reinforcing the sector as the preferred asset class in the APAC region.    We would like to thank all involved in completing this landmark transaction.   Michelle McNally Pete Carstairs Shaun Hannah Neva Courts Gareth Price   For further information on this transaction, please contact Tony Iuliano (+61 412 992 830), Adrian Rowse (+61 414 836 817) or Chris Jones (+61 477 881 882).   Read the article in The Australian today. https://lnkd.in/gZU8NDZi   Gary Hyland Charlie Holmes Nick Goodridge Jay Nash Brendan Harrison Jack Shearer Vivian Nguyen Bronte Senn Sarah Baker   #CushWakeCapitalMarkets #CushWake #CapitalMarkets #Industrial #Logistics #IndustrialandLogistics #Investments #Brokerage

On behalf of our valued vendor, the Cushman & Wakefield Capital Markets Logistics & Industrial team would like to congratulate KM Property Funds on the successful acquisition of 13-19 William Angliss Drive, Laverton North VIC for $92,000,000. The asset comprises a major industrial estate in the highly coveted and tightly held infill precinct of Laverton North in Melbourne’s West. Situated on a 12.1 hectare landholding with dual street frontages are three high quality office warehouse facilities plus 1.62 hectares of development land able to be immediately activated. The asset sold via an International Expressions of Interest campaign and attracted interest on a local, national and international level given the strong underlying tenant covenant, future reversionary upside, and the ability to access the surplus land immediately. The sale represents one of the larger individual transactions this year within Victoria and highlights the ongoing demand for scale within the sector, particularly where the potential to further enhance returns exists.   For further information on this transaction, please contact Tony Iuliano (+61 412 992 830), Chris Jones (+61 477 881 882) or Adrian Rowse (+61 414 836 817). #Cushwake #CapitalMarkets #Industrial #Logistics #LogisticsandIndustrial #Investments #Melbourne #Australia *in conjunction with JLL

CBRE is pleased to announce the successful sale and settlement of an international grade industrial asset at 32 Iport Drive, Rolleston, Christchurch. 32 Iport Drive is a purpose-built, premium grade logistics facility located in the South Island’s transport and logistics epicenter. This trophy industrial investment features a 4.5ha site and 29,401sqm of premium grade warehouse and office area. CBRE’s vertically integrated international and national platform delivered strong interest with 7 offers from both offshore and domestic buyers showing a genuine depth in the market. This transaction has marked significant milestones in Christchurch’s commercial and industrial real estate markets including: 1. The largest commercial real estate transaction in Christchurch since 2022 2. 3rd largest transaction in Christchurch involving an industrial asset in the last 20 years.   For further information, contact the CBRE Capital Markets Team. Tim Rookes Bruce Catley Chris O'Brien Brent McGregor John Holmes Brad Ross #industrial #investment #capitalmarkets #christchurch #rolleston

Receivers offer industrial facility Sydney's south west for sale - Ray White Commercial RWC(SC) agents Samuel Hadgelias and Nick Ward, appointed by BDO as Receivers, to market 15 Grahams Hill Road Narellan for sale. Samuel Hadgelias highlights Sydney's constrained supply and record-low vacancies, driving stakeholders to explore growth potential in less established areas to secure larger land holdings.” "Acquiring industrial assets of this scale is a rarity in Sydney’s south west and the property is being marketed as ‘vacant possession’ which is generating interest from owner occupiers who have outgrown their current premises and investors looking to capitalise on the incredibly strong occupier market with record low vacancy rates throughout Sydney’s south west," Nick Ward said. Read more on The Industrialist - https://lnkd.in/gwAZerqE Leslie Yifu Li Svetlana Lobinskaya Liam Regan Henry Robertson RWC Western Sydney Ray White Commercial (SC) Vanessa Rader James Linacre Leteicha Wilson BDO Haleh Fardin Cassandra Glover Fhovie de La Cruz Owen White Nina Clarke The ASEAN Developer COMMO #RWC #rwcsc #sydneyrealestate #industrialrealestate #industrialfacilityforsale #forsale #industrialinvestment #sydneyinvestment #sydneysouthwest

SOLD | $92,000,000 | 13-19 William Angliss Drive, Laverton North VIC On behalf of our valued vendor, the Cushman & Wakefield Capital Markets Logistics & Industrial team would like to congratulate KM Property Funds on the successful acquisition of 13-19 William Angliss Drive, Laverton North VIC for $92,000,000. The asset comprises a major industrial estate in the highly coveted and tightly held infill precinct of Laverton North in Melbourne’s West. Situated on a 12.1 hectare landholding with dual street frontages are three high quality office warehouse facilities plus 1.62 hectares of development land able to be immediately activated. The asset sold 100% occupied by two tenants, reflecting a WALE (by income) of 5.3 years. The current passing income profile equates to approximately 27% below the assessed market rental, offering significant reversionary upside in the medium-term. The asset sold via an International Expressions of Interest campaign and attracted interest on a local, national and international level given the strong underlying tenant covenant, future reversionary upside, and the ability to access the surplus land immediately. The sale represents one of the larger individual transactions this year within Victoria and highlights the ongoing demand for scale within the sector, particularly where the potential to further enhance returns exists. For further information on this transaction, please contact Tony Iuliano (+61 412 992 830), Chris Jones (+61 477 881 882) or Adrian Rowse (+61 414 836 817). Gary Hyland Nick Goodridge Charlie Holmes Brendan Harrison Jack Shearer Vivian Nguyen Bronte Senn Sarah Baker #Cushwake #CapitalMarkets #Industrial #Logistics #LogisticsandIndustrial #Investments #Melbourne #Australia *in conjunction with JLL

SOLD | $92,000,000 | 13-19 William Angliss Drive, Laverton North VIC   On behalf of our valued vendor, the Cushman & Wakefield Capital Markets Logistics & Industrial team would like to congratulate KM Property Funds on the successful acquisition of 13-19 William Angliss Drive, Laverton North VIC for $92,000,000.   The asset comprises a major industrial estate in the highly coveted and tightly held infill precinct of Laverton North in Melbourne’s West. Situated on a 12.1 hectare landholding with dual street frontages are three high quality office warehouse facilities plus 1.62 hectares of development land able to be immediately activated.   The asset sold 100% occupied by two tenants, reflecting a WALE (by income) of 5.3 years. The current passing income profile equates to approximately 27% below the assessed market rental, offering significant reversionary upside in the medium-term.   The asset sold via an International Expressions of Interest campaign and attracted interest on a local, national and international level given the strong underlying tenant covenant, future reversionary upside, and the ability to access the surplus land immediately. The sale represents one of the larger individual transactions this year within Victoria and highlights the ongoing demand for scale within the sector, particularly where the potential to further enhance returns exists.   For further information on this transaction, please contact Tony Iuliano (+61 412 992 830), Chris Jones (+61 477 881 882) or Adrian Rowse (+61 414 836 817).   Gary Hyland Nick Goodridge Charlie Holmes Brendan Harrison Oliver McIntosh Jack Shearer Vivian Nguyen Bronte Senn Sarah Baker   #Cushwake #CapitalMarkets #Industrial #Logistics #LogisticsandIndustrial #Investments #Melbourne #Australia *in conjunction with JLL

SOLD | $92,000,000 | 13-19 William Angliss Drive, Laverton North VIC   On behalf of our valued vendor, the Cushman & Wakefield Capital Markets Logistics & Industrial team would like to congratulate KM Property Funds on the successful acquisition of 13-19 William Angliss Drive, Laverton North VIC for $92,000,000.   The asset comprises a major industrial estate in the highly coveted and tightly held infill precinct of Laverton North in Melbourne’s West. Situated on a 12.1 hectare landholding with dual street frontages are three high quality office warehouse facilities plus 1.62 hectares of development land able to be immediately activated.   The asset sold 100% occupied by two tenants, reflecting a WALE (by income) of 5.3 years. The current passing income profile equates to approximately 27% below the assessed market rental, offering significant reversionary upside in the medium-term.   The asset sold via an International Expressions of Interest campaign and attracted interest on a local, national and international level given the strong underlying tenant covenant, future reversionary upside, and the ability to access the surplus land immediately. The sale represents one of the larger individual transactions this year within Victoria and highlights the ongoing demand for scale within the sector, particularly where the potential to further enhance returns exists.   For further information on this transaction, please contact Tony Iuliano (+61 412 992 830), Chris Jones (+61 477 881 882) or Adrian Rowse (+61 414 836 817).   Gary Hyland Nick Goodridge Charlie Holmes Brendan Harrison Oliver McIntosh Jack Shearer Vivian Nguyen Bronte Senn Sarah Baker   #Cushwake #CapitalMarkets #Industrial #Logistics #LogisticsandIndustrial #Investments #Melbourne #Australia *in conjunction with JLL