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%.
