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 achieved: June 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.
The project has delivered strong leasing outcomes, with occupiers secured across both the new purpose-built facility and the refurbished existing warehouse and office.
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.
Stage 2 construction commenced: May 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 commenced in May 2026 and includes a new National Head Office and distribution facility for Lancer Worldwide, a global leader in beverage dispensing equipment and technology, leveraging the site’s connectivity to key transport routes and freight networks. Comprising more than 6,200 sqm of best-in-class office, technical assembly and distribution space, the facility forms part of a broader 15,000 sqm expansion across three premium-grade tenancies, reflecting strong demand for well‑located, high‑quality logistics space in the region.
With direct access to Churchill Road North, Port Wakefield Road and key freight routes, including the Northern Connector and 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.
