Logistics facility
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Logistics facility
Charter Hall Direct Industrial Fund N0.2 has acquired a new $12.5 million industrial facility in Gracemere Industry park, Rockhampton, reflecting an initial yield of 8.5 per cent. The property will be developed by the Gibb Group, who will build a logistics facility that will incorporate administration offices and a high clearance warehouse, with concrete paved driveways and truck manoeuvring areas.