Stockland and M&G Real Estate have expanded its Australian logistics partnership through the addition of two assets in New South Wales and Queensland, with a combined value of A$438 million ($304 million).
M&G Real Estate will hold a 49.9 percent interest in the new assets on behalf of the M&G Asia Property Strategy, with Stockland retaining a 50.1 percent interest and continuing to manage the portfolio. The investment builds on the Stockland and M&G’s logistics partnership, which was established in 2024 and formed around the Ingleburn Logistics Park in Sydney. Together with Coopers Paddock in Sydney and Willawong Distribution Centre in Brisbane, the partnership and aligned structures now comprises three strategically located assets, with a combined value of approximately A$900 million ($625 million)
Australia’s logistics sector continues to benefit from ecommerce growth, supply chain optimization and demand for well-located industrial space. The tw