Property development company, Stockland, will build a new logistics facility at the Yennora Intermodal Precinct in New South Wales for DP World to expand its operations into.
As part of a strategic partnership entered by Stockland and DP World in 2023, the approval allows for the redevelopment of an existing building into a modern facility with around 38,000 square metres allocated for warehouse space and nearly 2,000 square metres for office space.
The new building forms a key component of Stockland’s overall strategy to turn the Yennora Intermodal Precinct into a modern logistics hub for Greater Sydney.
Stockland Head of Logistics Development, Craig Lenarduzzi, welcomed this construction plan and is excited to see the company’s relationship with DP World strengthen throughout the facility’s six-year lease.
“We’re pleased to have received approval for this stage of the redevelopment of Yennora Intermodal Precinct, which marks one of the first steps in seeing our vision for the site come to life,” he said.
“Our plans to modernise the Yennora Intermodal Precinct will ensure it’s best placed to support local jobs, the freight and warehousing needs of our customers, and fulfill its role in the NSW Government’s ambitions to increase rail freight and reduce trucks on our roads.
“We look forward to progressing our proposal for the site alongside DP World.”
Yennora Intermodal Precinct covers more than 70 hectares, making it one of the largest distribution centres in the southern hemisphere with access to the Southern Rail Line (Sydney’s major arterial network) and Port Botany.
In January this year, DP World and NSW Ports announced a $400 million investment to extend the rail terminal at Port Botany which will improve rail capacity and efficiency from Port Botany through to Yennora Intermodal Precinct.
DP World Executive Vice President, Nicolaj Noes, said this milestone reinforces DP World’s position as a key enabler of trade in Australia.
“By integrating port-rail connectivity with warehousing and logistics, we are providing end-to-end supply chain solutions that support economic growth and the evolving needs of our customer,” he said.
Construction on the new facility is expected to be complete in late 2026.
In other news, experienced refrigerated transport and cold storage manager, Wayne Azzopardi, has joined SLR Trans as a dedicated business advisor.
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