- Taking advantage of a supportive market landscape for CRE debt, Nuveen Real Estate offered financing for this development of a prime 5 green star warehouse precinct in Melbourne
- Located in Reservoir, a strategic “last-mile” infill site within an established logistics precinct in close proximity to major arterial roads and strong connectivity to Melbourne’s CBD (11km), port (20km) and airport (18km)
- The asset will consist of 43,390 sq m NLA of generic design to cater for a cross section of tenant requirements
- The project has the potential to benefit from its superior offering vs. existing stock, limited supply competition, record low vacancy rate and tenant demand which should drive up rents
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*Please note that the assets shown are a select sample only and do not represent all of Nuveen Real Estate's assets. The case studies presented herein reflect an objective, non performance-based standard. It should not be assumed that any investment has been or will be profitable.