Downer EDI Reaps $16.4 Million From Sale of Australian Portfolio
In Hobart, Downer’s Austin Ferry complex sold for $1.4 million on a yield of 10 per cent, while in Launceston a vacant building sold for $600,000 before auction.
The Australian Financial Review, which reported the deals, also includes information about sales in Shepparton (northern Victoria), Forbes (NSW), Belmont (Perth), and Kalgoorlie (regional WA).
