Lendlease Group Enters Agreement With DHL Supply Chain for Victoria Logistics Facility

MT Newswires Live

Aug 12

Lendlease Group's (ASX:LLC) Australian Prime Property Fund Industrial struck a deal with DHL Supply Chain (Australia) to deliver a purpose-built logistics facility in Victoria, according to a Wednesday statement.

DHL Supply will design and construct a high-specification distribution facility on a nine-hectare portion of the site, with the arrangement securing a long-term lease to DHL.

Construction of the facility started in June and is targeted for completion in October 2027. Australian Prime Property Fund Industrial will manage ownership of the facility upon practical completion.

Lendlease Group shares gained over 1% in recent Wednesday trade.

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Australian Prime Property Fund Industrial will manage ownership of the facility upon practical completion.</p><p>Lendlease Group shares gained over 1% in recent Wednesday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IIGF.AU","symbol_name":"Intelligent Investor Australian Equity Growth Fund (Managed Fund)","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2658925591","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2658925591","pubTimestamp":1786510858,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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