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asset class

Industrial

status

Completed

LOCATION

Western Australia

gROSS LETTABLE AREA

63,000 sqm

Canning Vale, Western Australia

Significant investment in Western Australia's industrial infrastructure

The Fife Capital development at Canning Vale represents a significant investment in Western Australia’s industrial infrastructure. Canning Vale’s strategic location, with easy access to major transport routes, makes it an ideal site for logistics and distribution operations.

Fife Capital acquired a significant portion of BCG Australia’s property portfolio in 2021, including this Canning Vale asset, bounding Bannister Road, Cook Street and Vulcan Road within the Canning Vale Industrial Park.

Fife Capital arranged demolition of some existing manufacturing and processing facilities, and re-used existing building steel structures on others, saving embedded carbon.

The development was completed through 2023 and 2024 and comprises a mix of newly constructed A grade warehouse facilities and existing (improved) distribution centre warehouses, hardstands, retail showrooms, high quality landscaping, and amenities.

The development generates significant revenue through leasing to national businesses and serves as the key distribution hub for 4WD Supacentre, Iron Man 4WD, Airgroup, Jaybro and Dutt Transport.