APN News & Media

Metrics

Total Investment Value:$24,000,000

Disposal:$35,000,000

Investor Equity IRR:19%

Fund Profit:$11,000,000

Investment Term:4 years

Investment Type

Investment Type:Develop-and-Hold

Location:Sunshine Coast, QLD

Sector:Industrial / Commercial

Investment Summary

  • Sought and Agreement for Lease from APN News & Media and acquired their preferred subject site in Yandina, QLD.  Sought approval and developed a state-of-the-art printing plant facility to service their regional newspaper requirements. 
  • A syndicate of wholesale investors supported the transaction and was ultimately sold to a QLD-based property fund manager for c.$35.0mln, delivering the investor syndicate with a net equity IRR of 19.0%.