UniSuper and ISPT have acquired a 280-hectare (692-acre) greenfield logistics development site, named Burra Park, in a 50-50 joint venture.
The property is located immediately adjacent to the entrance of the new Western Sydney International Airport (WSA). WSA, which is under construction, will begin 24/7 operations in 2026 and aims to become Sydney’s largest airport.
The acquisition was negotiated on behalf of the purchasers by real estate investment management firm Richmond Bridge. As the largest parcel of enterprise zoned land within the Western Sydney Aerotropolis, the site offers unparalleled development flexibility and is primed to benefit from the region’s demographic and economic expansion, reinforcing its status as a premier logistics and industrial hub.
UniSuper and ISPT intend to progressively develop Burra Park, with the first stages delivering a super prime manufacturing, warehouse and logistics estate of more than 400,000 square meters (4.3 mill