Asset prices that sizzle
There's nothing quite like the sizzling of a snag on the Bunnings BBQ. That is unless you own the asset Bunnings and can sell it at a premium in this hot market.
This is just one savvy investment Hamish Wehl, head of retail investments at Cromwell Property Fund explains in the video below.
"We acquired that asset for $27.5 million in 2015, and we sold that asset in August this year for $48.8 million. So that was an exceptional return for the fund and the fund investors," said Wehl.
In this video, Wehl discusses the importance of having these Blue Chip tenants, what's next for leasing and when leasing incentives will stabilse.
For more information about Cromwell’s funds, please visit their website or fill in the contact form below.
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