Cited form Courier Mail. Written by Chris Herde The developers behind a $450m visionary town centre development in Brisbane inner west have sold the project site citing Covid and the economic climate for their decision to sell. Brisbane-based investment company IJ Capital paid $53m for the 9000sq m site on the corner of Sherwood Rd and High St, known as…
A Brisbane fund manager has walked away with a 50 per cent gross capital gain in less than two years on a Gold Coast neighbourhood mall, bought from Stockland. IJ Capital, led by Scott Lai, paid $40.1 million in March 2020 for Coles-anchored Benowa Gardens, 4 kilometres west of Surfers Paradise, and sold it after just two-and-a-half weeks on the…
If you’re searching for a means to diversity your investment portfolio, a property trust may be worth your consideration. A property trust is a type of managed fund that affords investors the opportunity to invest in a range of real estate assets including residential homes, commercial buildings, industrial warehouses, hotels, shopping centres, hospitals and other specialist properties. They are overseen…
Property prices are something Australians love to talk about. They’re either falling, rising, or hitting the roof. Rarely does a family BBQ, brunch with friends or after work drinks with colleagues come and go without talk of the property market. It’s a national pastime and you’ be hard pressed to find an Aussie that doesn’t want to get their foot…
