April was a very busy month for the Fund with more than $5m on new investor and top up applications being received. Clearly investors wanted to take advantage of the opportunity to get in ahead of the portfolio revaluation (due May & June). The Fund is now at approx $46.5m in unitholder funds – a…
March Unit Price Falls To $1.028
Following on from recent strength in the Australian Dollar (AUD) against its US counterpart (USD), which saw the exchange rate increase from (AUD:USD) 0.8957 in February to 0.9247 in March, the Fund’s unit price has fallen from $1.077 (Feb 14) to $1.028 (Mar 14). The majority of the Fund’s assets are held in USD, so…
An Update From Aran Dunlop (Fund Acquisitions)
Recorded for the Unitholder Briefing on 5th April 2014, here is an interview between Steve McKnight (Chairman) & Aran Dunlop (US Property Acquisitions). The interview provides many insights about the current state of the US commercial property market and the portfolio’s performance.
An Update From Stu Silver (property manager)
Recorded for the Unitholder Briefing on 5th April 2014, here is an interview between Steve McKnight (Chairman) & Stu Silver (US Property Manager). The interview provides many insights about the current state of the US commercial property market and the portfolio’s performance.
Haydn Wright Resigns
It is with much regret that I advise investors of Mr Haydn Wright’s resignation from the Board due to personal reasons. Haydn has served the Board faithfully and with distinction, and his support has been much valued. We wish him all the best for the future. – Steve McKnight
New Property: Giron Circle
We’ve just committed to acquiring another property in the Fund, and it’s a ripper. Watch the video to find out all the juicy details. Once we have closed we will add it to the profiles page.
General Advice Warning: This information is of a general nature only and does not take into account your objectives, financial situation or needs. You should consider the Product Disclosure Statement (dated 4 July 2018) issued by Plantation Capital Limited ACN 133 678 029 AFSL 339481 in deciding whether to acquire an interest in the Passive Income (USA Commercial Property) Fund. PropertyInvesting.com Pty Ltd is an authorised representative of Plantation Capital Limited ABN 98 096 059 353, AFSL 339481. Past performance is not a guarantee of future performance.