The Premium Estates concept extends to the creation of green open spaces, outdoor fitness areas and amenities for employees and the wider community to enjoy. For example, at Frasers Property Industrial’s Vantage Yatala in Queensland, this will include a full-sized basketball court.
The innovative modular building design methodology also supports waste reduction while still allowing for customisation by customers, in line with Frasers Property Industrial’s net-zero carbon by the end of FY 2030 target. Materials have been carefully selected to minimise impact on the environment and all estates in the Frasers Property Industrial portfolio will target 5 Star or 6 Star Green Star Design and As Built certified ratings.
Ninotschka Titchkosky, co-Chief Executive Officer of BVN, said: "The difference with Frasers Property Industrial’s vision is that it is holistic. Our goal was to work with them to develop a new model that balances cost and speed to market, with quality and the environment."
"Creating a modular, but customisable system for the design means we can ensure the quality is kept very high, by optimising all the elements to reduce the impact on the planet and create a fantastic contemporary work environment. It’s a very exciting time for the industrial and logistics sector as it moves into a 21st century model of operations and development."
As the industrial and logistics sector continues to grow, an additional 1.8 million square metres is forecast to be required to be released to the market in Australia each year to meet demand, which is 25 per cent above historical averages . Additionally, employees in logistics, industrial and trucking, are expected to grow by 7.3 per cent by 2025 to around 700,000 Australians .
As a foundational partner of Healthy Heads in Trucks and Sheds, a road transport, industrial and logistics industries not-for-profit charitable foundation, Frasers Property Industrial is actively involved in supporting the wellbeing of those in the industry.
Naomi Frauenfelder, Chief Executive Officer of Healthy Heads in Trucks and Sheds, said: "The impact of the pandemic has reinforced the importance of a healthy work environment for many across Australia, and for those in the industrial and logistics industry, this is no different, however, their workplace is often a truck or a shed."
"It is fantastic to see Frasers Property Industrial implementing an industry leading framework across its estates that puts the health and wellbeing of those working in the sector at the forefront."
Frasers Property Industrial’s Premium Estates concept has commenced roll out in New South Wales at The YARDS, in Victoria at 4 Ten Epping and in Queensland at Vantage Yatala. Crusader Caravans and Intel Engineering’s new facility at 4Ten Epping will be the first new development completed in accordance with the new Building Design Guidelines.