Combined, the five development opportunities could deliver up to 130,000 square metres of logistics product in the highly sought western corridor.
The acquisitions include 5.3 hectares of land on Old Wallgrove Road, Eastern Creek, a 50 per cent stake in a 4.3-hectare lot on Templar Road, Erskine Park, and a facility at 1
Huntingwood Drive, Huntingwood, with an adjoining two-hectare parcel of land.
“Eastern Creek and Erskine Park are great locations for industrial property due to the proximity to transport and infrastructure," said Matthew Faddy, GPT's head of office and logistics.
Mr Faddy said the new sites would replenish GPT's land bank and development pipeline following its success in delivering $300 million worth of logistics and business park assets at Erskine Park and Sydney Olympic Park last year.
