Private equity giant Blackstone has outlaid $33 million for two industrial facilities in Sydney and Melbourne.
The two deals were struck on a blended yield of below 6 per cent.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
