Tuesday 12 May 2009

Erskine Park. Linfox buys site for $25.5m

The Linfox logistics group has purchased a 24,750-square-metre facility, at Erskine Park, from an undisclosed vendor for $25.5 million. Linfox is believed to be fitting it out for International Foods, according to The Australian Financial Review. Paul McGlynn, of Colliers International, said low interest rates made it more effective for logistics companies to own rather than lease assets.

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