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Published Tue, Aug 2, 2016 · 09:50 PM

Frasers Centrepoint Ltd

FRASERS Property Australia (formerly Australand), a unit of Frasers Centrepoint, has exchanged contracts with Australia-based Hanson Concrete to acquire a 10-ha site adjacent to its Eastern Creek Business Park in western Sydney. The site at Kangaroo Avenue Eastern Creek, which will accommodate up to 60,000 sqm of built form, complements Frasers Property Australia's previously developed 100-ha Eastern Creek Industrial Estate, said the Australian division of Frasers Centrepoint Ltd. The new land parcel will be released to the market next year with pre-lease, turnkey and land sale opportunities.

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