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ABL advises Stamford Capital and Citius Group on major Truganina logistics acquisition

Banking & Finance
Stamford Web

Arnold Bloch Leibler has advised Stamford Capital and Citius Group in connection with the financing of their acquisition of a major industrial and logistics development site at 725 Boundary Road, Truganina.  

The $180 million acquisition comprises approximately 58.9 hectares in Melbourne’s west, in one of Australia’s most active industrial and logistics precincts. The site is strategically located with access to Melbourne’s arterial road network, the Western Freeway, the Port of Melbourne, and Melbourne Airport.
 
The acquisition is expected to support the development of a major logistics and industrial precinct, with potential uses including warehousing, distribution, supply-chain infrastructure, and data centres, together with associated infrastructure and complementary uses.
 
Arnold Bloch Leibler’s team was led by Banking & Finance partner Paul Rubenstein and senior associate Crosby Radburn and supported by Liam Johnson and Harry Campbell. Arnold Bloch Leibler advised Stamford Capital in connection with both the corporate structuring and financing as required in connection with the acquisition.