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Major players commit to $450m Bankstown Airport logistics hub

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Hellmann Worldwide Logistics, Sydney Freezers and Beijer Ref have committed to purpose-built facilities at Aware Super and Altis Property Partners’ new $450 million Altitude industrial estate at Bankstown Airport in South West Sydney to streamline their supply chains.

Altitude is owned by superannuation fund Aware Super, managed by Sydney Metro Airports and developed in partnership with asset manager Altis Property Partners.

Located at Bankstown Airport, the premier logistics hub comprises 162,000 sqm of industrial and office space across 40 ha and is the most centrally located warehouse development of this scale, with its location close to major infrastructure routes including rail, sea and air freight hubs.

The first tenant to move into the new precinct is the Australian arm of Swedish refrigeration wholesaler Beijer Ref, who now operates from a purpose-built 22,000 sqm facility.

“Being a part of the complete development process has allowed us to accommodate all aspects of our business and maximise the technology and sustainability opportunities,” said Paul Campbell, Director of Operations at Kirby & Beijer Ref Australia.

“As a key part of the Beijer Ref sustainability strategy, the site includes a Beijer Ref Academy that will showcase an array of natural refrigerant solutions and offer natural refrigerant systems technology training to the broader industry,” Campbell said.

Together with its manufacturing and warehouse operations, he revealed that the site also features 1,400-square-metres of office space, conference and customer event facilities and a 260-square-metre flagship store.

German-based logistics provider Hellmann Worldwide Logistics also committed to the Altitude estate through a 13,111 sqm facility that consolidates two of its existing facilities at Ingleburn and Mascot. The deal was negotiated by Darren Curry and Ray Trimboli at Savills Australia and Peter Taylor at Taylor Nicholas.

“By consolidating two of our facilities into one purpose-built site at Altitude, we can improve our competitive position, offer shorter delivery times and further strengthen our service to our growing customer base in Australia,” said Ray Vella, Founding Director at Hellmann Worldwide Logistics.

A second warehouse spanning 10,000 sqm is under construction at Altitude for food distributor Sydney Freezers. The warehouse will include a 2,000 sqm temperature-controlled area, with practical completion expected by August this year. Shaun Timbrell from CB Richard Ellis brokered the deal.

This second warehouse will also comprise a further 19,200 sqm of industrial office ad warehouse space which is available for lease. The facility will be completed in September 2021.

Joseph Ajaka, Project Director at Altis Property Partners, said in a statement that they are thrilled to have such strong brands commit to Altitude at Bankstown Airport.

“By positioning themselves in the inner ring of Sydney, Hellmann, Beijer Ref and Sydney Freezers will benefit from enhanced supply chains, improving operational efficiencies, and ultimately providing a better service to their customers,” Ajaka said.

In addition, Altitude can accommodate a further 100,000 square meters of industrial accommodation pre-lease enquiry across the remaining pads.

Altitude will incorporate a range of environmental and sustainability elements, including a 1.9-megawatt solar system, rainwater harvesting, LED lighting and smart meters throughout and will strive for 5 Star Green Star design.

“Environmental, Social and Governance (ESG) initiatives are a major priority in everything we do,” said Tamara Williams, Director ESG at Altis Property Partners.

“Across Bankstown Airport we have an embedded network structure, so we can generate solar on site and share it across a number of different buildings,” Williams said

“Our focus is around community and creating a welcoming space for employees. As a result, she said that the Altitude precinct features ample connectivity and amenity for the people who work there,” she concluded.

In case you missed it: ESR Australia acquires office asset in Macquarie Park precinct for $71M

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