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‘Unloved, under-rented industrial’ a sweet spot for new fund

Irongate has joined the wave of fund managers funnelling capital into the booming industrial property sector, but with a twist: it will focus on buying properties that none of its bigger competitors seem to want.

The former ASX-listed group, which relaunched in April following a management buyout of its platform from Charter Hall, has secured seed funding from its Johannesburg-listed backer Burstone Group (formerly the Investec Property Fund) for its new industrial property fund.

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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com

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    Original URL: https://www.afr.com/property/commercial/unloved-under-rented-industrial-a-sweet-spot-for-new-fund-20231123-p5em7v