In my eyes, some of these industrial property transactions are questionable. CIP just sold 30 Clay Place at a 38% premium to book value just five months ago (good for CIP); I believe this implies a cap rate of circa 3.0% (based on the 4.0% cap rate in December).
10 year Aussie government bonds are currently trading on a 3.5% yield. I haven't yet seen industrial rents increasing so much to justify these sorts of cap rates. Needless to say, I don't know what is going to happen, but we seem in unusual times to see industrial property cap rates lower than the risk free rate.
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Last
$3.13 |
Change
-0.030(0.95%) |
Mkt cap ! $1.987B | |||
| Open | High | Low | Value | Volume |
| $3.18 | $3.19 | $3.11 | $4.051M | 1.294M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8816 | $3.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.14 | 5775 | 2 |
View Market Depth
| Last trade - 16.10pm 11/07/2025 (20 minute delay) ? |
| CIP (ASX) Chart |