Charter Hall Group has announced a joint venture partnership with Mitsubishi Estate Asia to develop a 40,000 square metre state-of-the-art industrial and logistics facility in Melbourne’s Laverton North. The project is the first stage of a broader $500 million estate, with potential for up to 175,000 square metres of lettable area. The new warehouse will feature advanced sustainability initiatives and target a 5 star Green Star rating. Construction began in January 2026, with completion expected in November 2026. The development is strategically located near major roadways, offering excellent connectivity to key Melbourne markets and the Port of Melbourne.

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