APN add two regional Coles sites to portfolio

APN Convenience Retail REIT (AQR) has acquired two regional Coles Express stores. The Gatton, QLD and Inverell, NSW stores were purchased for $5.1 million each. Both stores had been built within the last five years (2015 and 2016 respectively) and have been leased by Coles with a combined weighted average lease expiry of 8.3 years. […]

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