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Market Chatter: Goldman Sachs Acquires 7 Urban Logistics Properties in Australia, Reuters Reports
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Market Chatter: Goldman Sachs Acquires 7 Urban Logistics Properties in Australia, Reuters Reports
Jul 23, 2024 3:28 AM

06:01 AM EDT, 07/23/2024 (MT Newswires) -- Goldman Sachs Group's ( GS ) alternative investments platform has acquired seven logistics properties across Australia to expand its real estate portfolio, Reuters reported Tuesday.

The properties, called "last-mile" facilities, are located along urban highways in Adelaide, Brisbane, Perth and Melbourne, the report said.

Financial details of the deal were not disclosed, Reuters said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 487.25, Change: +0.21, Percent Change: +0.04

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