Tuesday, 3 April 2012

Erskine Park. $30 million deal

Logistics group, DB Schenker, has leased an office and warehouse complex, of 21,000 square metres plus, at Erskine Park. The deal is worth about $30 million, according to sources, The Australian Financial Review said. The company will occupy a $25 million facility newly built, speculatively, by the DEXUS Property Group. DEXUS bought a 7.6-hectare site in Lenore Drive in 2010 for more than $15 million, with part of it sold in July 2011 for $10.1 million..



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