GPT Group to sell industrial parks to NashCap for about $250m
newscatcher
2022-11-24 14:31
GPT Group to sell industrial parks to NashCap for about $250m
GPT Group, led by Bob Johnston, is involved in one of the largest portfolio trades in industrial property in this half. Picture: James Croucher Listed property giant GPT Group is selling two eastern seaboard industrial parks to private equity real estate company NashCap for about $250m. The deal on a pair of properties in Sydney and Melbourne is one of the largest portfolio trades in industrial property in this half and shows the asset class is still attracting capital despite the slower pace of sales.

https://www.realcommercial.com.au/news/gpt-group-to-sell-industrial-parks-to-nashcap-for-about-250m

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