In partnership with M&G Real Estate, property investment and asset management company Propertylink has acquired the Valad logistics portfolio.

The deal amounting to $137.9 million was struck on behalf of M&G Real Estate and Propertylink Australian Industrial Partnership (PAIP) and saw Propertylink structure the portfolio into two parts:  two long-lease core logistics assets via a management agreement with M&G Real Estate, and four higher yielding core-plus assets for Propertylink’s…