More deals are in the pipeline for the APN Convenience Retail REIT, which announced two more service station acquisitions funded by a $50 million equity raising, and said others would follow.
Growth has been a constant theme for the real estate investment trust, which owns and leases out service stations in all mainland Australian states, more than half of them in Queensland.
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Martin Kelly is a property reporter based in Sydney covering all aspects of commercial and residential real estate including major deals, market trends and developments. Email Martin at martinkelly@afr.com