BNE Property is Brisbane Airport Corporation’s (BAC) Property Division. We are responsible for guiding sustainable property development at Brisbane Airport, within BAC’s overall 2,700ha lease holding.
Representing one of south-east Queensland’s largest single-owner sites, BNE Property has a property portfolio valued at more than $1.265 billion including retail, commercial, industrial and land developments.
BNE Property believes Brisbane Airport has the potential to become one of the key commercial, recreational and lifestyle hubs in Brisbane. As a 24-hour global trade and commerce centre, it has the space and capacity for development and growth in a strategically-designed and ideally located environment.
Brisbane Airport is a thriving transport and commercial hub, located around 8km from Brisbane’s CBD in the heart of Australia's TradeCoast. It has two major terminals providing service to 32 airlines and more than 22.9 million passengers annually. There are more than 480 businesses at Brisbane Airport with a combined workforce of more than 23,000 people, which is expected to grow to 55,000 people in the next 20 years.
Brisbane Airport Corporation Pty Limited purchased Brisbane Airport from the Federal Government in 1997 under a 49 year lease with an option to renew for a further 50 years. Under this unique leasehold tenure, BAC retains ownership and control of the airport in its entirety for the duration of the lease term up to 2096.
BAC will invest $3.8 billion in projects over the next decade including the New Parallel Runway, new car parks and access facilities, terminal expansions, road upgrades, and new aprons and aeronautical facilities.