Dexus acquired 2-4 Military Road, an 18,000 square metre industrial facility in Matraville, in December 2009, consistent with its investment strategy of owning high quality logistics facilities located close to key infrastructure.
- Following the departure of Salmat in March 2015, Dexus tailored its leasing strategy to attract high volume/just in time express couriers that were highly dependent on being near the port and airport precincts
- Dexus formally engaged with FedEx, the world’s fourth largest logistics group, to customise the facility into their flagship head office and express domestic service for the Asia Pacific region
- Dexus completed the design and construction project within a limited timeframe, transforming the traditional warehouse into a modern, fully automated facility
- Dexus achieved:
- 51.8% increase in asset value as at 30 June 2017 from acquisition
- Rental growth of >10%
View more information on 2-4 Military Road, Matraville.