Cool chain 3PL expands in NSW

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Costa Logistics has completed work on a multi-million dollar expansion of its temperature-controlled distribution centre west of Sydney in NSW.

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Casino terminal signs rail and freight operators

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The Pacific Intermodal & Logistics Park at Casino has signed a Memorandum of Understanding with one of Australia’s leading national freight rail operators, followed by another similar agreement with one of the leading international providers of integrated

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Bunnings has secured a site within the first stage of the 256-hectare Sydney Business Park project, upon which it plans to build the chain’s largest store.

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Costco on the hunt for third Aust location, more to follow

Following ‘a very successful Christmas season so far’ at its Docklands, Melbourne store and passing the 100,000 member mark in Australia, Costco is on the hunt for a third location on the east coast.

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Industrial property market turns

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Market recovery is now more broad-based after being led by big retailers and logistics companies and rents have moved into growth phase.

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Wesfarmers hits back with $600m Bunnings boost

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Following Woolworths’ planned billion-dollar drive into the $36 billion home improvement sector with US partner Lowes, Bunnings owner Wesfarmers has struck back with a plan to invest more than $600m in a major New South Wales expansion.

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Woolworths RDC sold for $75m in lease-back deal

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The Charter Hall Group has agreed to purchase and lease back a new Woolworths regional distribution centre in Tasmania for $75 million.

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Mega truck-stop site for Tarcutta?

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The site of an approved $50 million development for an integrated mega truck-stop facility, strategically located on the Hume Highway at Tarcutta halfway between Sydney and Melbourne, is set to hit the market this week.

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An increase in gross take-up shows large occupiers are choosing to pre-lease or have purpose-built facilities, which will see the development pipeline growing again later in 2010.

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Congestion is killing business

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Congestion in Sydney is getting worse and it’s costing many businesses up to 10,000 dollars each year, according to a survey of NRMA Businesswise members.

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