AFR – Savvy property investors are filling up on service stations
23 March 2021
Featured in the Australian Financial Review: ‘Savvy Investors are filling up on service stations’ highlights how the service station sector is providing relative value at an accessible price, and how the pandemic has only increased its appeal.
‘Service stations, in particular, thrived during the pandemic as public transport was abandoned and many took to the road for a quick escape. The pandemic showed just how resilient service stations are as an investment. But investors had their eyes focused on service stations long before COVID-19 hit. There are now more than 6000 service stations across Australia and some 789 motor vehicles per 1000 people, the sixth-highest level globally.’
Parallel to the article, Banner are pleased to announce that the Banner Service Station & Convenience Store Property Fund has finalized its first acquisition at Logan Village, Queensland and the Fund is now open to further investments.
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