Qube to Partner with Woolworths for New Regional and National Distribution Centres

Qube Holdings Limited (ASX:QUB) has exchanged two development management agreements and two agreements for lease with the Woolworths Group Ltd (ASX:WOW) for developing new major warehousing at Moorebank Logistics Park.

The new capacity for WOW will consolidate operations into a distinctive rationale built high bay facility, leveraging world-leading developments in retail, supply chain as well as semi-automated and automated technology.

On 23 June 2020, QUB quoted at A$2.790 up by 3.333% on 12:00 PM.

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