Syndicators with nearly $800 million worth of real estate announced fund revamps last week that have received a mixed reaction in the industry.
Auckland's Dominion Funds, which owns property worth nearly $400 million, proposed a deal for investors in eight of its 31 funds.
Wednesday, October 30th 2002, 9:08AM
by The Landlord
...Wellington's Urbus Properties announced last week that it would buy property from nine syndicates managed by associate Waltus. Urbus intends to apply for Stock Exchange listing before March 31 and provide investors with liquidity and the ability to trade, getting over some of the usual stumbling blocks of syndicated property investment.
Read More - Opens in a new window 7 November: Waltus answers critic
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