New Zealand's First Fully Automated Warehouse
Projected Gross Return
Cardinal Logistics Limited
Loan to Value Ratio (LVR)
Freehold Site Area
Targeted Practical Completion
Be part of a state-of-the-art, brand-new, automated logistics facility with a 29m stud height, located in the new master-planned zone of Drury South Crossing, Auckland. The facility will be occupied by New Zealand’s largest privately owned logistic company, Cardinal Logistics, on a 30-year initial lease term.
Cardinal Logistics provides multiple services to customers, including transport, container storage, freight forwarding, and third-party logistics. This scope maximises Cardinal's operational capability and provides a superior experience for some of the country’s largest produce, goods, and materials suppliers.
Cardinal was started in 1992 and now employs 500 staff across twelve operational sites. Two of these sites are currently owned by Mackersy Property syndicates (Waterloo Park, Christchurch & Tidal Road, Auckland), and we are proud to again align with Cardinal on powering their continued expansion in the logistics market.
Please email our investment team for further information firstname.lastname@example.org or phone (+64) 3 450 9540.
This investment is open only to Wholesale Investors under the Financial Markets Conduct Act 2013. Read more information on qualifying as a Wholesale Investor here or contact us to discuss your circumstances.