HGL Hudson Investment Group

Overview

Hudson Investment Group Limited (HGL) (ASX:HGL) is an ASX-listed industrial and commercial property company. HGL's principal area of activity is in investment, management and development of commercial properties in Australia. HGL's current focus is on developing an realising the value of its property at Warnervale on the NSW Central Coast.\\The Warnervale property is on a 44.5 hectare site comprising a factory and office complex occupying only 5 hectares of land adjacent Sparks / Mountain Roads Warnervale in the NSW Central Coast. The tenants are Bunnings Limited (100% owned subsidiary of Wesfarmers Limited (ASX: WES) and the Better Concrete Products Pty Limited, part of the Tellam Group. The NSW Department of Planning in late 2008 rezoned part of the site as IN1 General Industrial. Part of the rezoned land is to be acquired by Wyong Shire Council and the Company will be compensated based on market rates for the best use of the land. The site is located close to the Sydney – Newcastle freeway, about 100 km north of Sydney and 60 km south of Newcastle. Located within proximity of existing and proposed local landmarks:\\- $500 million China Theme Park development (DA lodged)\- Warnervale airport and\- Woolworths Wyong Distribution Warehouse\\The site is situated within the Warnervale Employment Zone in which Wyong Council aims to create 6,000 jobs and $1.5 billion investment.\\For further information, please visit our website at www.higl.com.au