Investec Australia Property Fund announced the acquisition of an AUD 19.17 million industrial warehouse in the heart of Sydney’s western industrial corridor.

Monday, 30 March 2015 14:39

Graeme Katz

Graeme Katz is the Executive Director of Investec Australia Property Fund.

Published in Property Leader

Investec Australia Property Fund (“IAPF” or the “Fund”) announced the acquisition of a $38.9 million office building in the heart of Sydney’s growth corridor.

Share price of Investec Australia Property Fund rallies 6% over the past six weeks as the rand hedge property stock continues to deliver on its growth promises. 

IAPF poised for acquisitive growth with gearing paid down to zero after successful rights offer

The Investec Australia Property Fund closed its capital raising on Friday fully subscribed raising approximately $120 million from existing investors by way of a rights issue.

Investec Australia Property Fund announces AUD120 million rights offer

Investec Australia Property Fund ("IAPF" or the "Fund") has announced the Fund's third acquisition since listing late in 2013, with the purchase of an office development newly completed in July 2014, strategically situated in Brisbane for AUD65.5 million.

The Investec Australia Property Fund ("IAPF") listed on the main board of the JSE on 23 October 2013.

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