Feb 07 2017Add to Favorites
Simon Johanson, The Sydney Morning Herald
Fund managers have swooped on two Melbourne properties paying more than $20 million each in separate deals for an Abbotsford office and office-warehouse in Clayton.
Melbourne-based syndicator Terraplex has snapped up a refurbished Yarra River front office at 675 Victoria Street in Abbotsford for about $20 million.
SOURCE: The Sydney Morning Herald
The changing and competitive retail environment is driving transaction activity for shopping centres, as owners refine their portfolios, adjust their exposure to different states and asset types and seek greater diversification to improve their long-term risk-return profile.
More private investors will have access to individual, first mortgage secured loans, which produce a monthly income, via an online platform launched by Balmain Private.
In November 2017, real estate investment manager and advisory group, Ashe Morgan, closed its capital raising for its recent purchase of the Health and Forestry buildings in Brisbane adding to the assets it now manages on behalf of its investors.
Australia / Brisbane
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