Business
Stockland : and M&G Real Estate grow Australian logistics partnership with $438m investment in Sydney and Brisbane assets
Stockland : and M&G Real Estate grow Australian logistics partnership with $438m investment in Sydney and Brisbane
About this update from Stockland
Stockland (ASX: SGP) and M&G Real Estate, part of M&G Investments' US$109 billion [1] private markets business, today announced the expansion of their Australian logistics partnership through the addition of two assets in New South Wales and Queensland, with a combined value of A$438 million [2] . M&G Real Estate will hold a 49.9 per cent interest in the new assets on behalf of the M&G Asia Property Strategy, with Stockland retaining a 50.1 per cent interest and continuing to manage the portfolio. The investment builds on the Stockland and M&G's logistics partnership, which was established in 2024 and formed around the Ingleburn Logistics Park in Sydney. Together with Coopers Paddock in Sydney and Willawong Distribution Centre in Brisbane, the partnership and aligned structures now comprises three strategically located assets, with a combined value of approximately A$900 million [3] . Australia's logistics sector continues to benefit from e-commerce growth, supply chain optimisation and demand for well-located industrial space. The two new assets add approximately 154,000 square metres of modern logistics space across key east coast markets, with strong transport links and sustainability features including Green Star Performance certification and rooftop solar. The expansion demonstrates that investors continue to see strong demand for well-located, high-quality logistics assets across Australia. It also underlines the value of working with local partners who understand these markets and can manage the assets effectively. Stockland Chief Investment Officer, Justin Louis, said: "The transaction reflects the continued development of our partnership with M&G Real Estate and our shared commitment to providing high-quality, commercially attractive investment opportunities for capital partners. The addition of these assets enables us to further scale our funds management platform and create long-term value for our partners. "Logistics remains a key growth driver for Stockland, supported by strong customer demand, population growth and ongoing supply chain evolution. With a portfolio of strategically located assets and development opportunities, we are well positioned to benefit from these long-term structural trends." Jing Dong (JD) Lai, Chief Executive Officer and Chief Investment Officer of M&G Real Estate Asia, said: "This investment builds on our conviction in Australian logistics and the value of working with an established local partner in Stockland. "Coopers Paddock and Willawong Distribution Centre give us exposure to high-quality assets in two established logistics locations. Together, they strengthen the portfolio with assets that are well placed to serve occupiers' evolving needs and support resilient long-term performance for investors." Coopers Paddock in Warwick Farm, Sydney, comprises four logistics buildings, with connectivity to the M5 and M7 motorways and broader arterial road networks, supporting efficient distribution across Sydney and interstate markets. Willawong Distribution Centre, located in Brisbane's southern industrial precinct, comprises seven modern warehouses, with access to major road arterials and proximity to the Acacia Ridge intermodal freight terminal. Additional information Stockland's national logistics platform includes 28 [i] properties located in major population and freight corridors across Australia. Stockland and M&G Real Estate also announced a land lease communities partnership with investment in two purpose-built communities - Halcyon Jardin and Halcyon Evergreen in Australia earlier in 2026, reflecting the broader relationship between the two groups. M&G has been investing in Asia Pacific for more than two decades, with a strong track record in Australia since 2004. The M&G Asia Property Strategy focuses on delivering stable income and resilient performance through a diversified portfolio of real estate assets across the region. Recent investments, including Logisvalley Ansan in Seoul and Ingleburn Logistics Park in Sydney, demonstrate the Strategy's focus on high-quality logistics assets in key gateway markets. [1] As of 31 December 2025 [2] The acquisition has been completed for A$438 million (US$315 million); exchange rate: 1 USD : AUD 1.3899 [3] The Stockland and M&G's logistics partnership comprises three strategically located assets with a combined value of approximately A$900 million (c.US$650 million); exchange rate: 1 USD : AUD 1.3899 [i] As at 30 June 2025.