1 minute read

Strategic sale of airport land

Next Article
SPORT

SPORT

AUSTRALIAN property funds and development firm Roberts Jones Pty Ltd (Roberts Jones) has announced the sale of a 17ha parcel of serviced land within its Burra Park development site at Badgerys Creek, to CDC Data Centres (CDC) for $150M.

Burra Park is Australia’s ground-breaking enterprise, logistics, and mixed-use employment precinct, strategically located near the Western Sydney International (Nancy Bird Walton) Airport and the future M12 Motorway, in the heart of the Aerotropolis.

Property group Boyuan Holdings Limited (BHL Group), as the development agent for Roberts Jones, is managing delivery of the required infrastructure and civil works for the 280-hectare Burra Park project.

The sale to CDC, the leading sovereign owner, developer and operator of highly secure and connected large-scale data centres across Australia and New

Zealand, is the second significant land transaction within the Burra Park site, following exchange of contracts with global logistics operator DHL in 2022 for a 24ha portion of the site.

CDC’s Badgerys Creek campus would be its second major facility in Western Sydney, after its initial $1.5B investment at Eastern Creek.

Commenting on the sale, Roberts Jones’ Director, Jonathan Pan, said: “Rob- erts Jones has taken the opportunity to capitalise on the strong, ongoing market demand for high-quality land assets in and around the Aerotropolis and divest a portion of our Burra Park site. We believe CDC’s core business aligns with our plans for Burra Park, as a world-class hitech enterprise, logistics and mixed-use employment precinct, in the heart of the Aerotropolis.”

BHL’s Chief Operating Officer, Paul

This article is from: