24 Jun 2019

Quarry Greystanes delivers a premium industrial estate to Western Sydney

24 June 2019

Quarry, Greystanes delivers a premium industrial estate to Western Sydney

Dexus welcomes Beaumont Tiles, Orora and Coco Republic as new customers to Quarry, Greystanes which has resulted in the estate now being fully leased, marking the completion and delivery of the premium industrial estate to Western Sydney.

These new customers join 30 customers in the estate including Bunnings Trade, Toshiba, HelloFresh and Symbion.

The completion of Quarry, Greystanes has delivered the most significant industrial estate developed in the expanding Greater Western Sydney area in recent years.

The 70-hectare site was originally part of the 120-year old Prospect Quarry which was acquired by Dexus and its funds partners1 across two tranches in 2007 and 2014 and built out to deliver more than 310,000 square metres of premium warehouse space and around 30,000 square metres of high quality office space.

Dexus Head of Industrial Development, Chris Mackenzie, said: “Quarry has established a key economic hub for Western Sydney, attracting a diverse community of high calibre customers across a range of sectors, and providing employment for around 3,000 people.”

Dexus worked alongside its customers to deliver highly efficient, state-of-the-art facilities to meet their specific requirements.

Chief Executive Officer of Coco Republic, Nicholas Foster, said: “We are thrilled to have found a new home for our National Logistics Hub at The Quarry.

“The purpose built, sustainable facility will be key to enabling our exciting domestic and international growth strategy over the coming years.”

With a focus on sustainability, facilities in the estate feature:

‒ Capacity for rooftop solar PV panels, achieving energy and operational cost savings through renewables
‒ Harvested rainwater from rooftops combined with high water efficient fixtures in bathrooms and irrigation
‒ Intelligent LED lighting with sensors combined with motion and smart daylight harvesting
‒ Translucent roofs and wall sheeting for improved natural daylight linked to smart lighting

Recognising operational synergies between the Retail and Industrial property sectors, Dexus has aligned its business to support its customers’ activities though different stages of their supply chains.

Dexus Head of Industrial, Mark Cuddy said: “Our ‘Ship to Shop Shelf’ offering provides businesses like Beaumont Tiles and Coco Republic with the capacity to move products from air or sea ports to their end users or retail outlets via their warehouse space at Quarry.”



Rowena Causley

Head of Listed Investor Relations

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