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GPT locks up warehouse portfolio with $825m bid – The Australian Financial Review

The contest for the portfolio of 24 logistics assets and four offices is the latest in a series of mega-deals this year.

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Led by Bob Johnston, GPT has been steadily swinging its diversified portfolio towards a greater focus on industrial assets, investing into a surging demand for warehouse space driven by both by online shopping and by tenants need to stockpile inventory…

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