Focused development portfolio spanning office and industrial assets
Barton1: 19,800 sqm pre-leased office development
Cromwell is developing a ~19,800 sqm, six‑level office building in Barton, ACT, fully pre‑committed to a Commonwealth Government department under a 15‑year lease with a 5‑year extension option. Designed to target 6.0‑star NABERS Energy and 6.0‑star Green Star ratings, this landmark project strengthens our Australian office platform through long‑term income visibility and a high‑quality government covenant.
Led by Cromwell’s in‑house development team, the project reflects our disciplined approach to development, operational excellence and value creation. Initially funded by Cromwell, the outstanding quality of the asset and the strength of its AAA‑rated tenant make it well‑positioned for the introduction of a future capital partner, consistent with our capital‑light investment management model.
Managed developments
Practical completion anticipated: July 2026
Kilsyth Connect Logistics Park is a 37,138 sqm logistics estate in Melbourne’s premier outer‑eastern region, positioned for businesses seeking the advantages of immediate access to major transport infrastructure.
With 66% of the estate now leased, the final 6,465 sqm office‑warehouse, currently under construction and scheduled for completion in Q3 2026, represents the last remaining opportunity at the estate.
Strategically positioned near key major transport arteries, including EastLink and Maroondah Highway, Kilsyth offers efficient access to key distribution networks, enabling seamless connectivity to both Melbourne’s demographic heart and regional areas. The suburb’s strategic positioning facilitates streamlined transportation of goods and materials, reducing transit times and optimizing supply chain efficiency. Infrastructure development, combined with its proximity to freeways and regional markets, positions Kilsyth Connect as a prime choice for a well-connected logistics facility in Melbourne’s outer east.
Practical completion anticipated: July 2026
Cavan Connect Logistics Park is a 5-hectare logistics estate located in Adelaide’s premier inner northern region, positioned for users looking to benefit from the strategic advantages of being closely connected to major transport infrastructure.
The first major facility at the estate was purpose built for DGL Group, a leading provider of chemical formulation, storage and distribution services across Australia and New Zealand. The building was delivered on time and handed over to DGL in September 2025.
Stage 2 construction is expected to commence in March 2026, and the first of three new tenancies has already been secured, reflecting strong demand for well‑located, high‑quality logistics space in the region.
With Churchill Road North and Port Wakefield Road on the site’s doorstep, as well as access to surrounding major transport routes including Grand Junction Road, Northern Connector and the Port River Expressway, Cavan Connect provides ultimate connectivity and access to the Adelaide metropolitan area and interstate freight networks, making it a desirable location for a wide range of industrial and logistics enterprises.
