A new building project at Crossroads Logistics Centre at Casula has started with a sod-turning event at the coming Electrolux Home Products expanded warehouse, administration and customer centre.
AMP Capital’s managing director (office and industrial), Luke Briscoe, said the location at Casula was ideal for businesses like Electrolux. Crossroads offers space and easy access to major roads and transport hubs such as the Port of Sydney, a necessary requisite for Electrolux as a major importer, supplier and distributor of white-goods.
“We’re delighted Crossroads will house Electrolux and their staff of 250 in their new purpose-built home. They will be neighbours with like-minded growing businesses such as WesTrac and Cosentino Group.”
Electrolux managing director Mike Putt said the move to Crossroads was strategic and necessary. “It’s a superb location for us in Sydney’s expanding south-west because it’s where a lot of our people live and because the businesses we’ve bought in recent years require more warehousing and administrative space. The 22,900 square metres of warehouse and office space in the Crossroads complex is a 55 per cent increase on our current premises and includes a 170-vehicle car park,” he said.
“We’ve set ourselves targets to deliver a remarkable consumer experience in everything we do and we wanted premises that both let us do that and befit Electrolux’s position as Australia’s leading major appliances company. With the extra purpose-built space at Crossroads we’re establishing a unique facility to give our retail customers a hands-on training experience using our products in a household environment.”
Electrolux’s new premises is due for completion in the second half of next year.
Crossroads Logistics Centre is owned by investors in the AMP Capital Diversified Property Fund. On completion, Crossroads will accommodate about 80,000 square metres of warehouse and office space across three precincts.
Electrolux is Australasia’s leading major household appliances company through its Australian and New Zealand subsidiaries, Electrolux Home Products and Electrolux NZ. With head office in Sydney, Electrolux markets its products under the Electrolux, AEG, Westinghouse, Kelvinator, Simpson, Chef, Dishlex, BeefEater, Vintec and Transtherm brands. Electrolux’s small appliances division markets its floorcare products under the Electrolux and Volta brands and its small domestic appliances under the Electrolux brand. Electrolux runs a manufacturing plant in Adelaide producing cooking appliances. Electrolux imports into Australia various products including kitchen appliances and dishwashers from Europe which it markets under the AEG and Electrolux brands. It also imports gas and electric cooktops from China, small fridges, washers and dryers from Thailand, and barbecues from Japan and China.
About AMP Capital
AMP Capital is a specialist investment manager with $178.9 billion in funds under management as of June 30 and more than 250 investment professionals. It has a heritage and strength in real estate and infrastructure and specialist expertise in fixed income, equities and multi-asset solutions. It’s a subsidiary of AMP, which was established in 1849 and is one of Australia;s largest retail and corporate pension providers.