Tuesday, September 29, 2020
International

Cope looks to offload industrial property portfolio

The privately-owned Cope Sensitive Freight has become the latest company to cash in on rising industrial property prices putting up a seven-strong portfolio of assets that is tipped to sell for about $34 million (£26.57 million).

There has been a run of industrial property portfolio sales as the depth has returned to the market in the middle part of the year.

Billionaire Bob Ell last month bought a major portfolio of six industrial properties in western Sydney from Simonson Properties for about $71m (£55.49m).

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