Original article by Ben Wilmot
The Australian – Page: 21 : 8-Dec-14

Stockholders in smaller industrial real estate investment trust (REIT) vehicles in Australia are calling on their managers to seek consolidation deals, in order to better compete with major rivals such as Goodman Group, Dexus Property Group and Stockland. In response, 360 Capital Group has bought a holding of 7.7% in competitor Australian Industrial REIT. The portfolio of assets owned by the target is worth $A308m, while the 360 Capital Industrial Fund has properties valued at $A501m

CORPORATES
AUSTRALIAN INDUSTRIAL REIT – ASX ANI, 360 CAPITAL INDUSTRIAL FUND – ASX TIX, 360 CAPITAL GROUP LIMITED – ASX TGP, GOODMAN GROUP – ASX GMG, DEXUS PROPERTY GROUP – ASX DXS, STOCKLAND – ASX SGP, MIRVAC GROUP – ASX MGR, APN PROPERTY GROUP LIMITED – ASX APD, FIFE CAPITAL PTY LTD, COLLIERS INTERNATIONAL HOLDINGS (AUSTRALIA) LIMITED