Sentinel's Warren Ebert says long industrial leases spell doom for fund managers - The Australian Financial Review
7/5/2022 12:00:00 AM2 years 9 months ago
by Larry Schlesinger
by Larry Schlesinger
Funds that purchased industrial property at the peak of the market are ‘going to get smashed’, says real estate investor Warren Ebert.
Driven by a huge influx of institutional capital into logistics on the back of the e-commerce boom, average yields on prime industrial properties in Australia have fallen to about 4.5 per cent, lifti… [+2645 chars]
full article...