MGR has been reported in today's AFR as developing a $200MN distribution facility for Woolworths in Sydney's south-west, the biggest single industrial property venture since the real estate collapse (60ha)
The project will break new ground for Woolworths with a huge Big W distribution centre (9ha), the first in NSW, and a new national distribution centre for Dick Smith (5ha).
Both will become long-term investments for MGR with leases of 20 years or more and initial returns in excess of 8%.
huge industrial property venture
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Last
$2.16 |
Change
-0.040(1.82%) |
Mkt cap ! $8.996B | |||
| Open | High | Low | Value | Volume |
| $2.19 | $2.20 | $2.16 | $18.30M | 8.446M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 403582 | $2.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.18 | 188102 | 4 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| MGR (ASX) Chart |
