The Urban Developer
AdvertiseEventsWebinarsUrbanity
Industry Excellence
Urban Leader
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
JOIN US FOR A ONE-DAY DEEP DIVE INTO THE FUTURE OF THE INDUSTRIAL SECTOR
FIND OUT HOW THE INDUSTRIAL MARKET IS CHANGING IN 2026
LEARN MOREDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
25
print
Print
IndustrialTue 10 Jul 18

Logos Launches in NZ with Plans for $200m Industrial Estate

5473e958-c49b-48f3-b088-0d2618790d44

Logistics and operations specialist Logos has expanded into the New Zealand market, acquiring a 10-hectare site with plans to develop a NZ$200 million (AU$183m) estate.

Logos’ latest acquisition, from Fletcher Concrete and Infrastructure Limited, is a 55,000sq m site in Auckland's industrial suburb of Wiri.

The company, which has $4 billion of equity commitments across 14 ventures and a targeted end-value of more than $9 billion of assets under management, will develop the site into a logistics estate catering to the growing demand of its industrial market customer base.

Logos joint managing director John Marsh describes Wiri as a key industrial suburb in Auckland experiencing significant growth.

“We are currently in discussions with a number of existing tenant customers from our Asia Pacific portfolio to develop purpose-built opportunities on the site, including large format logistics operators, FMCG, ecommerce operators and 3PL groups.”

Related: Logos Signs Up Volvo Australia for Prestons Logistics Estate

It’s been a busy year for the industrial developer, with recent acquisitions including a $25 million warehouse in Sydney’s Yennora, a warehouse in Sydney’s Banksmeadow in an off-market deal worth $72.4 million and a site in Truganina for $28 million snapped up earlier this month.

The Wiri site, located on the corner of Roscommon Road and Wiri Station Road, has access to key arterial roads including the South Western Motorway, and proximity to Conlinx Inland Port, New Zealand’s largest container port by volume.

Logos joint managing director Trent Iliffe said the New Zealand industrial and logistics sector has experienced strong growth over the past few years on the back of the country’s underlying economic fundamentals, increasing population and the rise in e-commerce.

“We believe there will be many opportunities for Logos to partner with our investors and tenant customers across New Zealand over the coming years, and the Wiri site is an important and strategic first development for the group.”

IndustrialInternationalSector
ADVERTISEMENT
TOP STORIES
Exclusive

Queensland Decade of Gigaprojects a Developer’s Goldmine

Phil Bartsch
5 Min
Multiplex Moderna facility
Exclusive

Industrial Subsectors Win Investor Attention as Demand Blossoms

Clare Burnett
7 Min
Bee Bricks hero
Exclusive

Beyond Green: The Rise of Net-Positive Architecture in Australia

Clare Burnett
7 Min
Exclusive

Central Element Hotel Debut Spearheads Oxford Street Renewal

Taryn Paris
8 Min
London skyline near the walkie talkie tower showing the 85 gracechurch street development.
Exclusive

Basilica to Business: London Office Tower’s Historic Rework

Renee McKeown
6 Min
View All >
With new office space becoming unfeasible, Deicorp is pivoting to mixed hotel-residential mid-construction.
Office

Deicorp Plots Offices-to-Hotel Crows Nest Tower Switch

Patrick Lau
The six warehouses are accessible from both Parramatta and the new Western Sydney International Airport.
Industrial

Frasers Moves Ahead with $345m Scheme West of Sydney

Patrick Lau
Planning

Melbourne Blocks Released Under Small Sites Push

Lindsay Saunders
The state is now seeking developers for the parcels that have potential for 700 homes in well-established suburbs...
LATEST
With new office space becoming unfeasible, Deicorp is pivoting to mixed hotel-residential mid-construction.
Office

Deicorp Plots Offices-to-Hotel Crows Nest Tower Switch

Patrick Lau
5 Min
The six warehouses are accessible from both Parramatta and the new Western Sydney International Airport.
Industrial

Frasers Moves Ahead with $345m Scheme West of Sydney

Patrick Lau
2 Min
Planning

Melbourne Blocks Released Under Small Sites Push

Lindsay Saunders
2 Min
Affordable Townsville hero
Affordable & Social Housing

Greenfield 258-Unit Affordable Plans Launched for Townsville

Clare Burnett
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://www.theurbandeveloper.com/articles/logos-moves-to-new-zealand-with-plans-for-200m-development-estate