Business
Melbourne Woolworths sale sets new benchmark – Property – The Australian Financial Review
The sale of the Blackburn South Woolworths to a local investor on a record low yield reflects the weight of capital seeking convenience-based…
The sale was brokered by Marc Leiba and Jonathan Rosenthal of Leiba Commercial, who said they had been unable to find a supermarket investment sale that had transacted on a lower yield.
The purchaser understands that it is a sharp cap rate, but this is…
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