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Warehouse Reits doing well in Australia

They plan to invest more than A$3b in the next five years but supply is limited

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Hot investment: Industrial properties delivered rental returns of 8.6 per cent in the year through June, compared with 7 per cent for retail and 7.3 per cent for offices. - PHOTO: BLOOMBERG

[SYDNEY] The usually staid market for Australian warehouses is heating up as investors chase a limited supply of properties for returns that are beating offices and malls. Stockland, the nation's biggest diversified real estate investment trust, plans to double its holdings of industrial