Company News Summary | 30 Jun 2020

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Brickworks Advises on JV Trust Securing Long-Term Amazon Lease

09:49:00 | Associate analysts

Original annuncemenet:JV Trust Secures Long-Term Amazon Lease

Brickworks announced that a lease pre-commitment for 20 years with Amazon has been secured at the JV Trust's Oakdale West Estate in Western Sydney (conditional on statutory approvals). The state of the art distribution facility will be a landmark development for the JV Trust, a 50:50 JV between Company and Goodman Group (GMG). On 14.9 ha of land, and a base floor area of 53,500 sqm, the 26-metre high-bay facility will comprise three mezzanine levels providing a total of 191,170 sqm of usable floor space. The target building completion date is in the second half of 2021.

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