Retail investor appetite rising for industrial assets

One of Australia’s biggest fund managers says demand from ‘mum and dad’ investors is underpinning its latest industrial property fund, against a backdrop of rising appetite for strong-performing commercial assets.

ASX-listed fund manager Centuria said it recently acquired two properties worth $50 million for its Centuria Diversified Property Fund, which it established to cash in on the growing appetite from unsophisticated and retail level inves…