Article on Australand's strategy to increase it's property trust division as the apartment market is weak at the moment.
"The outlook for the commercial, industrial and investment arm of the group is to increase capital allocations to large scale industrial land estates and to source about $200 million of new property a year."
Australand has been steadily increasing its asset base in its trust division and will continue that path in the year ahead...
W: http://www.smh.com.au/news/business/australand-shifts-from-sydney-apartments/2006/02/06/1139074167867.html
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