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ESR-REIT Buys A$288.6m Five-Asset Melbourne Industrial Portfolio from Frasers Property Industrial
ESR-REIT acquired five logistics assets across Keysborough, Truganina and Derrimut, Melbourne, from Frasers Property Industrial for A$288.6 million ($276.8 million net), a 20.5-hectare, 122,411 sqm portfolio at a blended 5.5% initial yield.
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