PFI's portfolio has gained about $150m since June

Fri, 03 Dec 2021

Property for Industry said the value of its portfolio should rise by about $150 million, or 8%, at Dec 31 and that it has bought a 5,000 square metre site in Penrose for $6.8m.Property for Industry's (PFI) portfolio already rose $240m, or 14%, in the six months ended June so the annual uplift will be about $390m, or 22%, taking the 97-property portfolio's value to $2.16 billion."Industrial property has continued to attract high levels of investor demand in the second half of 2021," said chief executive Simon Woodhams."The...

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