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BRIEF-Investec Australia Property Fund buys property in Melbourne‍​
September 18, 2017 / 7:28 AM / 2 months ago

BRIEF-Investec Australia Property Fund buys property in Melbourne‍​

Sept 18 (Reuters) - Investec Australia Property Fund

* ANNOUNCED THE ACQUISITION OF AN INDUSTRIAL PROPERTY IN HALLAM, MELBOURNE FOR AUD 22,000,000 WHICH REPRESENTS AN INITIAL YIELD OF 6.3%‍​

* ACQUISITION IS ACCRETIVE FOR THE FUND AND WILL BE FUNDED BY UTILISING THE FUND’S EXISTING DEBT FACILITY‍​ Further company coverage:

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