Penrith City Council site at 158-164 Old Bathurst Road Emu Plains sold to Akura and its capital partners (trading as Emu Plains Developments Pty Ltd).
Local wholesaler and distributor of packaging supplies, Venus Packaging lease 4,947sqm purpose-built warehouse Coburg North. CBRE agents Joe Brzezek and Daniel Eramo negotiated the lease on behalf of Banco Group, whilst Nelson Alexander agent Damien Theisz represented Venus Packaging.
Fourteen of 22 key industrial precincts are in supply deficit nationally, with four broadly balanced and only a few showing signs of oversupply, according to JLL’s Australian Logistics & Industrial Investment Review and Outlook 2024 Report.