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15/10/2015 - 14:34

CTI Logistics sells warehouse for $26m

15/10/2015 - 14:34

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Trucking company CTI Logistics has entered a sale and leaseback deal for its Bibra Lake warehouse facility, with Investec Australia Property Fund paying $26 million for the site.The deal represents a yield of 7.94 per cent, with CTI Logistics leasing back the site for a 12-year term.

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