Logistics & Industrial Capital Markets 2024 Outlook Report

Major transactions sold by Cushman & Wakefield in 2023

Largest Portfolio Transaction of 2023

Largest Individual Asset Sale of 2023

Australian Industrial Partnership Portfolio Greystanes, NSW & Truganina Industrial Estate, VIC • Sale Price: $560 million • 50% interest (tenants in common) in 20 prime, modern industrial assets within two pre-eminent logistics estates in Greystanes, NSW and Truganina, VIC. • Portfolio WALE of 3.3 years with $12.6 million of positive reversion accessible in the next four years. • Acquired by UniSuper with investment manager Richmond Bridge.

Axxess Corporate Park Mount Waverley, VIC • Sale Price: $315 million • Mixed-use corporate park incorporating a diverse range of tenancies including offices, warehouses, retail space and a childcare centre. • Seed asset for Gateway Capital & Cadillac Fairview’s new investment vehicle – the Gateway Capital Urban Logistics Partnership (GULP). • Diversified income profile across 100+ tenants – mix of national/international listed companies, Government, not-for profits and private entities.

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