Lend Lease Pays $27 Million For Queensland Industrial Asset

LEND Lease Real Estate Investments has paid a reported $27 million for a major property on Boundary Road, Richlands. The 14,500 square metre warehouse was purchased on a yield of 8.2 per cent. Part leased to Toll Transport, Colliers International Queensland chief executive Simon Beirne and said the sale and low yield demonstrated the appetite

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