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Sydney's GDI Property Group increases Perth presence

Ingrid Fuary-Wagner
Ingrid Fuary-WagnerExplainer editor

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Sydney-based fund manager GDI Property Group is upping the ante on its Perth investments with a call option to purchase a $98 million portfolio of 17 properties across the west coast city's metropolitan area.

The portfolio is fully-leased to high-profile car dealerships and services centres on arterial roads.

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Ingrid Fuary-Wagner is the AFR's explainer editor, based in Sydney. She previously wrote about property and before that was news editor at Domain. Connect with Ingrid on Twitter. Email Ingrid at ingrid.fuary-wagner@afr.com

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    Original URL: https://www.afr.com/property/commercial/sydney-s-gdi-property-group-increases-perth-presence-20191115-p53b12