Latest Breaking News On - Horsley park estate - Page 1 : comparemela.com

H&M bolsters Australian presence with warehouse deal Share Industrial property platform Logos has fully leased its $330 million Marsden Park Logistics Estate in western Sydney after completing a 27,336sq m distribution centre for global fashion giant H&M and its sister retail brand, COS. H&M Group has committed to a five-year lease at the purpose-built facility. Rental terms were not disclosed. H&M and COS are the final tenants at Marsden Park Logistics Estate.  Prime industrial rents in Sydney average $123 to $136 per square metre, according to Colliers, potentially valuing the five-year deal in excess of $16.8 million. The new H&M distribution centre is the seventh and final building at the 21.5 hectare site, where Logos kicked off construction two years ago.

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