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San Remo Pasta Pays $8 Million For Adelaide Industrial Property

The rate per square metre of land is $158.

According to the selling agency, CBRE, owner-occupiers like San Remo made up the bulk of purchasers in recent years. This is opposed to recent years where institutional investors instead invested in the more expensive Sydney industrial market, or the larger Melbourne market.

More details about this sale are in the AFR.

About Marc Pallisco

Marc is a leading Real Estate freelance writer, author and analyst. He is also the founder for Realestatesource.com.au and is also employed as lead property writer for The Age. He currently resides in Melbourne, Victoria.

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