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Takeover target Industria REIT delivers on profit

Nick Lenaghan
Nick LenaghanProperty editor
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Industria REIT is getting on with growth while it waits to see what rival Growthpoint Properties Australia intends to do with its sizeable stake in its much smaller peer.

The Melbourne-based trust, part of the APN Property stable, has a $638 million portfolio of office and industrial assets in Sydney, Newcastle, Brisbane, Melbourne, and Adelaide.

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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

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    Original URL: https://www.afr.com/property/takeover-target-industria-reit-delivers-on-profit-20170823-gy29wx