In a deal worth around $2 billion, investment company Washington H. Soul Pattinson has sold off its holdings in a large portion of building materials manufacturer Brickworks’ logistics real estate in Sydney and Brisbane through a transaction with industrial property giant Goodman.
The complex transaction involves the sale of Brickworks’ investment in several industrial real estate partnerships already held jointly with Goodman, a fund manager and the biggest property company on the ASX.
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