Brickworks Limited (ASX:BKW) announced that it has secured a lease pre-commitment for 20 years with Amazon at the JV Trust’s Oakdale West Estate in Western Sydney.
The state of the art distribution facility shall be a landmark development for the JV Trust, which is a 50:50 joint venture between the company and Goodman Group (ASX: GMG).
Post the completion of committed Amazon and Coles facilities at Oakdale West, the value of JV Trust assets is anticipated to be ~ A$3 billion.
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