Space Urban
Space Urban is the property development and management arm of Australia's BORG Group, managing a 153-site industrial, commercial and rural portfolio across Australia and delivering end-to-end planning, approvals, construction and property management services to both internal Borg subsidiaries and external enterprise clients.
- Company typePrivate
- Founded-
- HeadquartersSomersby, Australia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Space Urban does
Space Urban is an Australian property development and management company headquartered at Somersby, NSW, operating as a wholly-owned subsidiary of the diversified BORG Group. It was established to manage and optimise the Borg Group's freehold portfolio of 153 industrial, rural, and commercial sites spanning more than 147 million sqm across Australia, while also delivering end-to-end property development services to external enterprise clients. Core activities cover acquisitions, master planning and GIS-based site analysis, architectural and civil drafting, environmental planning and regulatory approvals (rezoning, development applications, NSW DPE/EPA/Port Authority liaison), construction oversight, and ongoing property and asset management.
The company delivers an integrated in-house value chain that distinguishes it from non-integrated developers: design, planning, approvals, construction (in conjunction with Borg subsidiary Crossmuller), and post-completion management are all coordinated internally. Its product surface includes industrial and logistics properties for lease, large-scale infrastructure such as the 75-hectare Glenlee Intermodal freight facility in Sydney's Southwest growth corridor (with Aurizon as accredited rail operator), commercial estates such as the 19-hectare Mount Penang Business Park on the Central Coast, and residential land subdivision. External enterprise clients served to date include Chamberlain Group, Cement Australia, Kleinfelder Australia, Bay Timber, and the Signal Energy/Canadian Solar joint venture behind the 333 MW Darlington Point Solar Farm.
Space Urban monetises through a hybrid revenue model combining recurring rental income from the owned portfolio (industrial, commercial, and rural leasing on both gross and net rent bases), one-time property development and sales proceeds (including residential land subdivision), managed-services fees for property and facilities management, and project-based development fees from external clients. Pricing is not publicly disclosed; customer acquisition is conducted directly through the company website (spaceurban.com.au), phone, email, and site visits, with no third-party real estate brokers involved. The company is led by CEO Allison Basford and maintains memberships in the Property Council of Australia, UDIA, and HIA.
Space Urban firmographics
Firmographics- Name
- Space Urban
- Legal name
- Space Urban
- Website
- https://spaceurban.com.au
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Space Urban is the property development and management arm of Australia's BORG Group, managing a 153-site industrial, commercial and rural portfolio across Australia and delivering end-to-end planning, approvals, construction and property management services to both internal Borg subsidiaries and external enterprise clients.
- Ownership category
- akta.pro rank
Space Urban industry classification
Industry- Product category
- Property Development and Management
- NAICS
- Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Lessors of Other Real Estate Property (53119)
- SIC
- Operators Of Nonresidential Buildings (6512), Lessors Of Real Property, Nec (6519), Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Mixed-Use Property Management (BPAJAGAE)
Keywords
Where Space Urban is headquartered
LocationHeadquarters
- HQ city
- Somersby
- HQ country
- Australia
- HQ region
- Oceania
Offices2 records
Markets served
Space Urban business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D
Revenue model
- Property Development & Sales: Space Urban develops and sells industrial, commercial, and residential land and built-form properties. Revenue is generated through property sales (residential land subdivision, commercial/industrial sales) and development fees from external client engagements.
- Property Leasing: Space Urban leases industrial, commercial, and rural properties to tenants. Revenue is generated through gross rent and net rent arrangements across its portfolio of 153 sites spanning industrial, rural, and commercial use types. Leasing includes warehouse, manufacturing, distribution, office, and hardstand spaces.
- Property Management: Space Urban provides property management services including maintenance and facilities management, leasing and makegood, asset management, and agistment and farm management.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Space Urban product offering
Product offeringCore offering
Space Urban acquires, develops, leases, and manages industrial, commercial, and residential properties across Australia. The company offers end-to-end property development services including master planning, architectural and civil drafting, environmental planning, rezoning, development applications, construction management, and ongoing property management. It also provides environmental approvals services to external clients such as Cement Australia, Kleinfelder Australia, and Bay Timber.
Product overview
Space Urban is a property development and management company that operates as part of the Borg Group. The company offers a unified suite of services centered on property development, leasing, and property management across Australia's industrial, commercial, and residential sectors. Their core offerings include Property Development (acquisitions, construction, infrastructure), Properties for Lease (industrial warehouses, commercial spaces, hardstand lots), and Property Management (maintenance, facilities management, asset management). Notable specialized offerings include Glenlee Intermodal, a major 75-hectare integrated freight and maritime facility in South-West Sydney, and Mount Penang Business Park, a 19-hectare commercial estate on the Central Coast. The company also provides in-house Environmental Planning and Approvals services and Design Services (master planning, GIS mapping, architectural and civil drafting). Their portfolio spans 153 industrial, rural, and commercial sites covering over 147 million square meters nationwide.
Differentiator
Problem solved
Functional benefit
Products and services
- Property Development
Quantifiable outcome
- Space Urban manages a portfolio of 153 industrial, rural and commercial sites totalling 147,121,081 sqm across Australia
- +4 more outcomes
Companies that use Space Urban
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
Space Urban technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Space Urban partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- CrossmullercoreCrossmuller, a subsidiary of the Borg Group specialising in end-to-end manufacturing and automation systems, collaborated with Space Urban on the Chamberlain Group facility project. Crossmuller provides world-class manufacturing facility development expertise. Space Urban also proposes the Wella Way expansion project to grow Crossmuller's manufacturing capabilities including sheetmetal, structural steel processing and fabrication. Crossmuller is also a technical consultant partner on external projects like Bay Timber.
- Kleinfelder AustraliaminorSpace Urban was engaged by Kleinfelder Australia to assist in managing the construction of the 333 MW Darlington Point Solar Farm. Space Urban provided in-house environmental management capabilities, including environmental monitoring and reporting required under regulatory and statutory approvals for the 710-hectare solar farm project in NSW.
- Bay TimberminorSpace Urban was commissioned by Bay Timber to prepare and secure all regulatory approvals (DA, CC, OC) for a new timber truss manufacturing facility in Beresfield, NSW covering 36,340 m2. Space Urban coordinated with technical consultants including Newcastle City Council, Crossmuller, Eclipse, Meraki Green, Marline, Credwell, Steve Watson and Partners, Affinity, NM Fire, and Custom Development Certifications.
- Cement AustraliaminorSpace Urban was engaged by Cement Australia to prepare a project modification to increase throughput at the Port Kembla Cement Mill. Space Urban managed project scoping, stakeholder engagement with NSW DPE, EPA and Port Authority, technical assessments, Statement of Environmental Effects, and responses to regulatory submissions.
- reDirect RecyclingcoreSpace Urban was approached by reDirect Recycling in February 2020 and was instrumental in identifying a suitable site, providing expert advice on land zoning and planning regulations, assisting in design and development, securing permits and approvals, and overseeing construction and commissioning of a 7,970m2 drill mud resource recovery facility in Wetherill Park. reDirect Recycling is also a Borg Group subsidiary entity whose facility is managed within Space Urban's portfolio.
- AurizoncoreAurizon, Australia's largest rail freight operator and an ASX-listed company, is the accredited RIM (Resource Inventory Management) for the Glenlee Intermodal facility. Aurizon's role is critical to the intermodal freight operations of the 75-hectare Glenlee site.
- Signal Energy AustraliaminorSignal Energy Australia is the joint venture partner (with Canadian Solar) that constructed the Darlington Point Solar Farm. Space Urban worked directly with Signal Energy Australia and Kleinfelder Australia to manage construction of the 710-hectare solar farm.
- Canadian SolarminorCanadian Solar is the joint venture partner (with Signal Energy Australia) that constructed the Darlington Point Solar Farm. The solar farm includes over one million solar panels generating 333 MW.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Space Urban competitors and assessment
Company assessmentBroad incumbents
- Stockland: ASX-listed Australian diversified developer with logistics, commercial, and residential land subdivision. Comparable on residential land subdivision (e.g., Tarneit-style projects) and industrial/logistics exposure, though vastly larger.
- Dexus: ASX-listed Australian diversified property group with industrial and office assets. Comparable as a major landlord and developer, but broader mandate and significantly larger scale than Space Urban's focused industrial/commercial book.
- Lendlease: ASX-listed global property and infrastructure developer with Australian commercial and industrial project pipelines. Comparable in end-to-end development capability and external client project work, though much larger and internationally diversified.
- GPT Group: ASX-listed diversified Australian REIT with logistics, office, and retail portfolios. Overlaps with Space Urban on industrial/logistics leasing but operates at much greater scale across multiple asset classes.
Direct peers
- Qube Holdings: ASX-listed Australian logistics and intermodal infrastructure operator. Directly comparable to Space Urban's Glenlee Intermodal asset given Qube's intermodal terminals, rail siding, and freight-focused property exposure in Sydney.
- Goodman Group: ASX-listed global industrial real estate specialist with a major Australian industrial portfolio focused on logistics and warehousing in Sydney/Melbourne growth corridors. Highly comparable in industrial asset focus, location strategy, and development-led model.
- Peet Limited: ASX-listed Australian land developer specialising in residential subdivision across growth corridors. Directly comparable in land subdivision economics and pipeline management in Australian growth areas.
- Cedar Woods Properties: ASX-listed Australian residential land developer active in Melbourne and Perth growth corridors. Comparable as a residential land subdivider in suburban growth corridors like the Tarneit project in Space Urban's pipeline.
- Charter Hall Group: ASX-listed Australian industrial and commercial property owner/manager with deep exposure to logistics warehousing and business parks. Most directly comparable listed peer in industrial property leasing and development across Australian growth corridors.
Emerging players
- Winton Property: ASX-listed smaller Australian industrial property fund with logistics and warehouse assets. Comparable in size profile and industrial property focus, though externally funded whereas Space Urban is internally held by Borg Group.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Space Urban social profiles
Digital presenceSpace Urban financial estimates
Financial estimateRevenue estimate
Valuation estimate
Space Urban leadership team
Management profileNumber of profiles
Profiles1 record
Space Urban funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Space Urban M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Space Urban
What does Space Urban do?
Space Urban acquires, develops, leases, and manages industrial, commercial, and residential properties across Australia. The company offers end-to-end property development services including master planning, architectural and civil drafting, environmental planning, rezoning, development applications, construction management, and ongoing property management. It also provides environmental approvals services to external clients such as Cement Australia, Kleinfelder Australia, and Bay Timber.
Is Space Urban a public or private company?
Space Urban is a private company. It is classified as corporate owned and is currently operating.
When was Space Urban founded?
Space Urban was founded in -1. It employs 11 to 50 people.
Where is Space Urban based?
Space Urban is headquartered in Somersby, Australia, in the Oceania region.
How does Space Urban make money?
Three revenue lines are on record. Property Development & Sales are the primary driver. The others are property Leasing and property Management.
Who are Space Urban's main competitors?
Broad incumbents on record are Stockland, Dexus, Lendlease and GPT Group. Direct peers are Qube Holdings, Goodman Group, Peet Limited, Cedar Woods Properties and Charter Hall Group. Winton Property is listed as an emerging player.
Does Space Urban have an API?
No public API is recorded for Space Urban.
What industry is Space Urban in?
Space Urban's product category is Property Development and Management. Its primary akta.pro industry code is BPAJAGAE, Mixed-Use Property Management. Its NAICS code is 531120 and its SIC code is 6512.