Sukin manufacturer signs 10-year lease in ESR business hub

The manufacturer behind natural beauty brand Sukin has signed a 10-year lease to occupy a purpose-built factory and office in the new ESR Clayton Business Hub.

Developer and property owner Hong Kong-listed ESR Australia said it has signed BWX to anchor its new business park, with the lease starting later this year.

BWX’s bespoke building will cover 18,000 square metres.
BWX’s bespoke building will cover 18,000 square metres.Credit:Artist’s impression

BWX is a $609 million ASX-listed wellness and natural beauty manufacturer with global reach which also counts Nourished Life, Andalou Naturals and Mineral Fusion among its brands.

The manufacturer’s bespoke building will cover 18,000 square metres in ESR’s hub, about 46 per cent of the facility’s total lettable area.

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ESR acquired the 6.4 hectare Clayton site in December 2019 when it had several outdated factories on it which were subsequently demolished, making way for a 5 Star Green Star rated development where BWX is the first tenant.

The group’s chief executive Phil Pearce said the site will hold another 21,000 sq m of office and warehouse space, with flexibility to accommodate buildings from 2000 sq m to 18,000 sq m in size.

“The purpose-built facility will allow us to bring our manufacturing facilities and support office all under one roof, while at the same time significantly increase our capacity,” BWX chief operating officer Rory Gration said.

ESR Group claims to be the Asia-Pacific’s largest logistics real estate group by gross floor area and by value of directly owned assets and the funds and investment vehicles it manages.

It has US$26.5 billion ($34.2 billion) in assets under management across 18.7 million sq m of real estate and land.

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Source: Thanks smh.com