Brisbane – 9 Viola Place
Location
Brisbane, NSW
Target
9% p.a.
Description
The property occupying 9-13 Viola Place is a state-of-the-art logistics and office facility in the Brisbane airport commercial precinct.
Eagle is mindful of the impact of technology and its effect on property. The emergence of ‘clicks vs bricks’ has shifted retail spending from traditional shopping centres to the internet. Well located logistics facilities are the beneficiaries of this structural change, and in this respect, Viola Place ticks all the boxes. In addition to the warehouse component, the property enjoys a large clear span floor plate office component that is ideally suited to project-based organizations such as Hitachi Rail STS.
Tenants
9 Viola Place is a rare asset as it combines both logistics and large floor-plate office accommodation. It was built for the anchor tenants:
DHL Global Forwarding – a division of Deutsche Post, DHL and is an air, ocean, rail and road freight forwarding specialist. It handles major logistics projects under the brand name DHL Industrial Projects. Together with DHL Freight, it forms Deutsche Post’s Freight/Forwarding.
Hitachi Rail STS (previously Ansaldo Signalling and Transportation Systems or Ansaldo STS) – an Italian transportation company headquartered in Genoa, Italy and a wholly owned subsidiary of Hitachi (Listed Tokyo Stock Exchange – TYO:65010).