The Risks with Ascendas Real Estate Investment Trust’s Billion Dollar Australian Deal | The Motley Fool Singapore: "“Several trends that have been witnessed in the past year including a strong compression in yield which has led to an increase in asset prices, particularly in the core logistics markets of Western Sydney, Melbourne’s West and South East markets as well as Brisbane’s Trade Coast and the Logan Motorway corridor outside Brisbane.
The scarcity of quality assets available on the market combined with the continued aggressive acquisitions by offshore funds has seen some owners sell and capitalise on the high prices overseas buyers are willing to pay for quality locations.”"
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