As a specialist property fund manager, the primary objective of Placer Property is to facilitate high quality investment opportunities for investors seeking regular and reliable income from commercial property.
Placer Property is focused on Australian property investment opportunities, primarily in the retail and office sectors. Placer Property identifies quality investment opportunities that are:
Placer Property actively manages its real estate portfolio, maintains strong relationships with its tenants and continually looks for value enhancing opportunities for its investors.
Placer Property also considers that its property investments should be managed with gearing levels at 50% or lower, and that appropriate interest rate hedging strategies be adopted to manage risk and returns for its investors.
Placer Property Limited draws on the extensive experience of its Directors and the skills and knowledge of senior management who are specialists in property syndication, each having more than 18 years of property related experience.
NewActon East is a modern eight level mixed-use building comprising a small retail area, major office component, 32 residential apartments on the upper levels and 176 car parking spaces.
The property has a WALE (by income) or 7.8 years and forecast distributions of 8.6% in FY16.
The Stables Property Fund owns The Stables Shopping Centre, a neighbourhood shopping centre, anchored by Woolworths Supermarkets, and located in Golden Grove, an established and affluent residential suburb approximately 22 km northeast of the Adelaide CBD.The shopping centre devel...