Charter Hall has struck a $215 million fund-through deal with Woolworths that will result in the development of one of the largest distribution centres of its kind in Australia.
The 68,000 square metre ambient temperature warehouse will be developed on Salta Properties Portlink Estate at Dandenong South, in Melbourne.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com