Capital Property Funds Executive Director, Joe Christie presents on the company's special purpose metropolitan office and first mortgage funds at FNN's Fund Manager Event.
Key points: - Primarily income style funds, with potential for Capital Growth, targeting 8.00% pa net of all fees and expenses
- Stable, income producing A-B grade offices located in CBD/near city markets including, Sydney/Melbourne/Brisbane CBD, near city/fringe, Parramatta, North Sydney, St Kilda Road, Richmond, Fortitude Valley, South Brisbane, Toowong, Spring Hill
- Strategy: typically investment term of 5 years, institutional grade assets with clear exit strategy
- 91 Phillip Street, Parramatta: Acquired for $30 million (in 2015) and sold to a global fund manager, BlackRock for $56.3 million (in 2018)
For more, watch Executive Director Joe Christie present.
