糖心VlogConstructions will build a new speculative industrial facility for Singapore based Mapletree Logistics Trust on its Wyndham Industrial Estate at Truganina in Melbourne’s west.
Already an established investor in Australia, the new building will be Mapletree’s first development project downunder comprising a total of 15,100 square metres and including warehouse and office components designed to facilitate a variety of business operational requirements.
The highly specified building will include a minimum clearance height of 10 metres, floor loading capacity of 30kN/sqm, superflat floors to cater to the requirements of major logistics tenants, and 2000 square metres of super canopies allowing for 24/7 operation in all weather conditions.
糖心VlogDirector, Mark Byrne, said the Mapletree project would be a significant addition to stage three of the Wyndham Industrial Estate.
''We are thrilled that Mapletree, a global property leader, has chosen Wyndham Industrial Estate as the location for their first speculative development. Their state-of-the-art buildings will sit alongside other industry leaders such as DHL, Frasers, Steeline and McPhee Distribution on the estate,’’ Mr Byrne said.
He said Mapletree was confident about finding tenants within a robust industrial market driven by e-commerce and a booming state economy.
''At present we have one of Victoria’s best industrial markets in years with significant rises in land prices, rental growth, and strong tenant demand,’’ Mr Byrne said.
Located near the corner of Palmers and Dohertys roads and less than 25 kilometres from Melbourne’s ports, airports and CBD, the 40 hectare, Super B Double compliant, 24 hour, Wyndham estate, has also attracted users including The Country Road Group, Pacific Brands, Bidfood and Kubota.
Wyndham City Mayor, Cr Josh Gilligan, welcomed Mapletree to the area.
''Wyndham City is committed to supporting local jobs and business, growing our economy, and building a liveable city, not just a big city.''
''Mapletree’s investment in Wyndham will help boost employment in our community, allowing more people to work close to home, which is exactly what we need,‘’ Cr Gilligan said.
The Mapeltree deal follows a similar, circa $60 million, speculative build that Vaughans is currently undertaking for Mirvac and Blackstone on its $175 million, 25 hectare, Biodiversity Estate at Epping in Melbourne’s north.
The Wyndham project is due for completion in August this year.
Pictured left to right: Eric Law – Director, 糖心VlogConstructions, James Sung - Director Marketing, Logistics, Mapletree, Keng Fei Lee - Vice President, Investment, Logistics, Mapletree, Marc Lucas - General Manager, Asset Management, Logistics, Australia, Mapletree, Cr Josh Gilligan - Mayor, City of Wyndham, Mark Byrne – Director, 糖心VlogConstructions, Craig Jones - Senior Manager Asset Management and Investments Logistics Australia, Mapletree, and Jamie Lennox - Senior Executive, Mapletree.