Stockland Taps M&G for $439m Logistics Tie-up

By the Editorial Team · Thursday, June 25, 2026

Stockland has secured additional investment from British fund manager M&G Real Estate to support two logistics facilities in New South Wales and Queensland, expanding their industrial portfolio. This funding strengthens Stockland's strategy to leverage capital partnerships for growth and sustainability in its commercial property developments.

Diversified property group Stockland has expanded its industrial logistics partnerships by securing additional backing from British funds manager M&G Real Estate for projects in New South Wales and Queensland. This follows a series of industrial deals initiated last year, which saw Stockland bring on board M&G alongside U.S. private equity firm KKR to support its growing logistics operations.

In 2023, Stockland and M&G established the Stockland M&G Asia Partnership Trust, a 50-50 open-ended core partnership seeded with the Ingleburn Logistics Park in Sydney, an asset valued at approximately $415 million. Building on this collaboration, M&G's Asia Property Fund will now support a second investment vehicle, Stockland M&G Asia Partnership 2, with a target commitment of around $439 million directed toward warehousing projects.

The new partnership will fund the ongoing management and operation of two fully owned logistics facilities: Coopers Paddock in Warwick Farm, southwest Sydney, and the Willawong Distribution Centre in Queensland. Coopers Paddock, valued at $164 million with a capitalization rate of 5.75%, comprises 51,102 square meters of warehouse space offering strategic access to metropolitan Sydney and interstate transport routes. Meanwhile, the Willawong site encompasses 103,045 square meters of combined warehouse and office space, held at $275 million on a similar capitalization rate as of June 2025. Both facilities have been constructed to meet high sustainability standards.

Under the leadership of CEO Tarun Gupta, Stockland has pursued a strategy of enhancing capital partnerships across its commercial property portfolio. By bringing in co-investors, the company aims to unlock capital from existing assets while supporting expansion into new developments. This approach spans multiple sectors including land lease, warehousing, and residential rental properties.

In addition to its logistics ventures, Stockland recently announced a strategic alliance with a Morgan Stanley real estate investment fund to grow a portfolio of convenience retail shopping centres across Australia. This partnership complements the company's broader efforts to diversify capital sources and fuel growth across its property holdings.

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