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Focus on logistics as industrial sector ramps up

Finance Markets / Market Trends

Australia

Feb 10 2018

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Simon Johanson, The Sydney Morning Herald

Logistics sheds are proving the new black for property investors, with a new green-star rated warehouse leasing for $1.1 million and a Singapore fund’s $177 million purchase pump-priming industrial activity for the new year.

Global property player Blackstone has offloaded nine sheds across Australia’s eastern seaboard, the bulk in Victoria, to Singapore-listed Cache Logistics Trust in a $177.6 million deal.

Go to The Sydney Morning Herald and read the full story.

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