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Good Guys cash in at Caringbah

People & Companies / Latest News

Australia

Aug 19 2017

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Carolyn Cummins, The Sydney Morning Herald

The march is on for large-format retail assets, with a private syndicate paying close to $30 million for the only NSW metro asset in the national portfolio of 15 retail investments leased to The Good Guys, paying a passing yield of 6.26 per cent.

While pricing for LFR assets in the direct markets have become tighter, there are opportunities for consolidation, which has prompted the rush for assets.

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

SOURCE: The Sydney Morning Herald

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