Commercial Property Trust (Sydney, Australia)

Commercial Property Trust (Sydney, Australia) - Existing Units

Categories:	Funds, Property
Sale Type:	Asking Price
Price Guide:	AUD $7.10 per unit (8.97% discount to current NTA of A$20.2M)
Status:	Closed

Summary:

This sale of existing units in the long standing, successful property Trust which was originally established as a spin-off from the corporate restructure of the former ASX-listed property group. The aim of the Trust is to generate recurring distribution income and grow its Net Tangible Assets (NTA) per unit through investments in property opportunities. The major asset is a large-scale, multifaceted mixed use precinct located at North Strathfield, NSW, Australia. The configuration, design and features of buildings have been developed to suit large scale commercial tenants. Total Net Assets as at 31st December 2015 equal A$20,234,250.