C Capital Acquires 507 Hectares of Land in Victoria, Australia
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C Capital, an APAC private asset manager, has acquired a 507-hectare landholding in Beveridge, Victoria, within the Northern Freight Precinct, which connects to the Inland Rail project. The site will support logistics, industrial, and data centre development in metropolitan Melbourne.
C Capital has appointed Lendlease as Master Development Partner to manage rezoning, infrastructure enablement, and development. The fully developed land is projected to reach an end value of approximately A$4.5 billion.
This is C Capital's first large-scale infrastructure investment in Australia following its acquisition of Richmond Funds Management in February 2025. The move aligns with the firm's strategy to expand its real assets and infrastructure-linked investments across Asia-Pacific markets.
Ben Cheng, CEO of C Capital, commented, "This investment reflects our commitment to Australia as part of our regional strategy. Partnering with local operators like Lendlease allows us to develop strategic assets over time."
Seil Kim, Partner and Co-Head of Australia, C Capital, added, "The Beveridge site offers an opportunity to develop infrastructure-linked assets at scale, and our collaboration with Lendlease positions us to unlock long-term value."
The project is expected to contribute to the growth of Victoria's freight and industrial ecosystem.
