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How the property boom is affecting the Garda (ASX:GDF) share price

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The Garda Diversified Property Fundย (ASX: GDF) share price is rising today after the company released its third-quarter FY21 market update.

The Garda share price is up 1.35% to $1.13 per share at the time of writing.

Garda is a property group headquartered in Brisbane thatย invests in, owns, manages and develops commercial and industrial real estate.ย 

What Gardaโ€™s update said

The Garda share price is responding positively to news that it sold 3 assets, all above book value, for a total of $30.6 million.

It provided 2 construction updates on tenant-committed properties in Brisbane, one in Wacol that is due for completion in May and…



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