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Dexus Property welcomes Amazon's arrival in industrial property market

People & Companies / Latest News

Australia

May 03 2017

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Carolyn Cummins, The Sydney Morning Herald

Dexus Property says the arrival of global internet giant Amazon will support the Australian industrial property sector through increased demand for warehouses and logistic sites, which will boost rents for landlords.

Speaking at the Macquarie Conference in Sydney on Tuesday, Dexus chief financial officer Alison Harrop said Amazon would be looking for assets with close proximity to infrastructure, such as ports, rail and road. 

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

SOURCE: The Sydney Morning Herald

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