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Partnership and financial discipline are at the heart of our approach to investment, to deliver stability and long-term growth.
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Properties
We focus on core property sectors, building better futures through the places we share.
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As a leading property investment management company, we drive value and mutual success to bring aspirations to life.
30 Years
At Charter Hall, we believe that the best investments begin when people and businesses work together towards shared goals.
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Our next-generation Midwest Logistics Hub is still at earthworks stage, but Industrial Delivery Manager Dom Meese is already excited about what a game-changer it will be for the industrial property sector.
The 60-hectare master-planned estate sets a new benchmark in Australian warehouse and logistics facilities thanks to its state-of-the-art design features and sustainability initiatives. Once complete it will underscore our position as market leaders in Melbourne, where we already have the city’s largest industrial portfolio.
“This is the last large parcel in the established industrial area of Truganina, and we’re offering leases of up to 50,000sqm,’’ says Dom. “Anyone with a requirement of over 30,000sq m has very limited options in that area, so it will appeal to large multinationals and other big companies.’’
Midwest Logistics Hub’s large sites and location, so close to the city and the Port of Melbourne, and with multiple access points to the Princes Freeway, Western Ring Road and Western Freeway, make it unique. But its cutting-edge planning and design make it truly special.
“Because it's a greenfield opportunity, we are able to make it truly next-generation,’’ says Dom. “Most industrial sites are big concrete jungles, just sheds and cement really, whereas we're looking to create an estate where people feel they are part of a community.’’
Once fully built out, Midwest Logistics Hub will accommodate over 2000 people daily and attract a large number of visitors. To cater to all their needs, it will include a wide range of facilities and amenities seldom seen in industrial estates.
“We're looking at putting a hotel on site, along with a community area and shared office space,’’ says Dom. “We know our tenants will host colleagues from out of town and other visitors from interstate or overseas, and this will offer them a convenient place to stay, and from which to work.
“For those living locally we are currently investigating whether there's any scope to provide an on-site childcare centre. We're also looking at small-format retail such as cafes, and we are providing offices for ancillary businesses such as the CBRE team who will be based on site to quickly respond to tenants’ needs.’’
Sustainability considerations are central to the planning of Midwest Logistics Hub, as they are to all our projects today.
“Three to four years ago, sustainability in industrial wasn’t a factor, it was it was more an office-sector inner-city CBD building issue,’’ says Dom. “But now it's definitely at the forefront of our investors’ and tenants’ minds and an essential part of all our industrial developments.’’
For every new project we evaluate all sustainable options, from high-efficiency LED lighting to embedded power networks, alternate or co-generated power systems, use of recycled materials, rainwater harvesting and sensitive design and landscaping.
“We’re putting solar on the roof of every warehouse we build in this estate,’’ says Dom. “Paybacks periods are down to under 40 months so it's a no-brainer for us and our tenants, and we're happy to work with them by providing a capital outlay to pay for it where necessary.’’
Gardens and landscaping will be critical to making Midwest Logistics Hub a truly welcoming workplace.
“Our landscaping is going to be second to none—the aim is a space that feels more like a housing estate rather than an industrial park,’’ says Dom.
“For example we are looking at ways to incorporate a jogging track. As an Industrial Delivery Manager I'll be over the moon if I can return to the site one day and see people out exercising and enjoying green spaces in an industrial zone.’’
The Midwest Logistics Hub is expected to be fully built out within the next two to three years, and once complete will be the jewel in the crown of the Charter Hall Prime Industrial Fund, our largest industrial fund.
With the first tenant already on board - a large global 3PL provider - the hub is expected to appeal to a wide range of warehouse and distribution operators including e-commerce, last-mile distributors and large multinationals.
“We've probably got close to 50 hectares’ worth of inquiry in the market at the moment. so we expect it to fill out quickly,’’ says Dom.
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Thanks for your interest in Charter Hall. Fill in your details below and we’ll get back to you as soon as possible.
I am interested in
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All personal information submitted will be treated in accordance with our privacy policy.
By registering and/or submitting personal data to Charter Hall, you agree that, where it is permitted by law and in accordance with our Privacy Statement or where you have agreed to receive communications from us, Charter Hall may use this information to notify you of our products and services and seek your feedback on our products and services. Please note you can manually opt out of any communications.
Talk to us
Thanks for your interest in Charter Hall. Fill in your details below and we’ll get back to you as soon as possible.
I am interested in
Enquiry
*Indicates that this field is required.
All personal information submitted will be treated in accordance with our privacy policy.
By registering and/or submitting personal data to Charter Hall, you agree that, where it is permitted by law and in accordance with our Privacy Statement or where you have agreed to receive communications from us, Charter Hall may use this information to notify you of our products and services and seek your feedback on our products and services. Please note you can manually opt out of any communications.