Mitsubishi partners with ESR on first Aussie logistics project
Larry SchlesingerReporter
Japanese property giant Mitsubishi Estate Asia has made its first investment in Australia’s industrial sector after partnering with global platform ESR on a $175 million estate in south-east Melbourne.
The partners will develop 70,000 square metres of logistics facilities with an end value of $175 million on a 12.1-hectare site at 92 Enterprise Road in Pakenham.
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