Neil Werrett's Galileo Group buys industrial site for $130m
Galileo Group snapped up the 53.6ha site in Clyde in Melbourne’s south-east for more than double what developer Steven Sass paid.
Source: afr.com
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Galileo Group snapped up the 53.6ha site in Clyde in Melbourne’s south-east for more than double what developer Steven Sass paid.
The latest divestments come amid a fresh wave of disruption for the commercial property market as fund managers and investors reconsider pricing and returns required.