Why industrial property will remain compelling post-Covid
For Philip Ryan, Managing Director of Trilogy Funds, industrial property has been a great place to be while the Covid-19 pandemic rocked the retail property and office sectors. He says the Trilogy Industrial Property Trust has benefited from the low Australian dollar, high commodity prices and exposure to the booming logistics sector.
Thank goodness we don’t have exposure to retail. I think it would be quite a miserable experience at the moment if you owned areas in Queen Street Mall or Pitt Street Mall. That would be stressful … it’s difficult to know where those areas will be down the track.
Despite yield compression, industrial is set to remain a compelling story for investors as Ryan sees opportunities in regional areas, especially in Queensland and South Australia.
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