Investec Australia Property Fund (“IAP” or the “Fund”) today announced the acquisition of an industrial facility in Brendale, Brisbane for $15,624,000, which represents an initial yield of 6.25%.
Investec Australia Property Fund (IAP or the Fund) has today reported its first full year financial result since its successful listing on the ASX.
Investec Australia Property Fund has listed on the Australian Securities Exchange (ASX) following its recent successful capital raising.
Investec Australia Property Fund (IAPF or the Fund) is pleased to announce a final distribution of 5.18 cents per unit (cpu) pre-withholding tax (WHT) and 4.75 cpu post-WHT (2018: 5.08 cpu pre-WHT and 4.65 cpu post-WHT).
Investec Australia Property Fund (“IAPF” or the “Fund”) today announced the acquisition of a low rise office building in Symonston, Canberra for AUD 29,750,000[1] which represents an initial yield of 6.93%.
Investec Australia Property Fund, the only inward-listed Australian REIT on the JSE, today announced an interim distribution of 5.05 AUD cents per unit (cpu) pre-withholding tax (WHT) and 4.65 cpu post-WHT (2017: 4.95 cpu pre-WHT and 4.64 cpu post-WHT).
Investec Australia Property Fund (“IAPF” or the “Fund”) today announced the acquisition of an industrial property in Dandenong South, Melbourne for AUD 19 450 000 which represents an initial yield of 6.3%.
The decision by Investec Australia Property Fund (the “Fund” or “IAPF”) to focus on acquiring assets that require a more hands-on management approach is starting to deliver results.
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