Newcastle以38.7M美元购买了一个工业场地,以增加收入和避免价格上涨。 Newcastle bought an industrial site for $38.7M to boost revenue and avoid rate hikes.

纽卡斯尔市以3 870万美元购买了8 64公顷的沙盖特工业场地,这是其未来基金下的首次采购。 The City of Newcastle has acquired the 8.64-hectare Sandgate industrial site for $38.7 million, marking the first purchase under its Future Fund. 该场址以前是理事会拥有30多年的,包括两个租用的仓库,每年创收128万美元,并有两个经核准的开发申请。 The site, previously council-owned for over 30 years, includes two leased warehouses generating $1.28 million annually and has two approved development applications. 购置的目的是在不提高费率的情况下使收入多样化,以支持基础设施和服务。 The acquisition aims to diversify revenue to support infrastructure and services without raising rates. 这是在Bunnings仓库和医疗中心之后添加到基金的第三个资产。 It is the third asset added to the fund, following a Bunnings warehouse and a medical centre. 总体规划进程将评估今后的用途,包括工程仓库可能搬迁。 A master planning process will evaluate future uses, including potential relocation of the Works Depot. 该基金的治理委员会和理事会批准了购买。 The purchase was approved by the fund’s governance committee and council.