Dexus forms joint venture with Boral for logistics precinct

Boral partners with Dexus to build major logistics hub in Ravenhall

Construction materials company Boral has teamed up with property group Dexus (ASX: DXS) to develop the Ravenhall Logistics Precinct, which is expected to become one of the largest industrial developments in Australia.

Dexus to Invest $7.2B to Build Australia’s Largest Logistics Estate

Australia’s Dexus is taking on a logistics joint venture in western Melbourne estimated to require more than A$10 billion ($7.2 billion) in investment, in what the company described in an announcement on Tuesday as the largest such project ever in... Read More>> The post Dexus JV to Invest $7.2B to Build Australia’s Largest Logistics Precinct appeared first on Mingtiandi.

Dexus forms joint venture with Boral for logistics precinct

Save (0) Please login to bookmarkClose Username or Email Address Password Remember Me Dexus and Boral have entered a joint venture to develop the Ravenhall Logistics precinct in Melbourne’s west. Subscribe to Lawyerly to access this article.Already a subscriber? Username or Email Address Password Remember Me Lost your password? The post Dexus forms joint venture with Boral for logistics precinct appeared fir…

Dexus and Boral partner in $10bn project

Dexus has announced a joint venture with Boral to develop a major logistics precinct in Melbourne's western corridor with a potential lettable area of 2.5 million square metres. Dexus chief executive Ross Du Vernet confirmed on the sidelines of the Macquarie conference today the expected end asset value will exceed $10 billion. The project will transform a 630-hectare site at Ravenhall, about 20 kilometres from the CBD, into what is likely to be…