Strong result for Edinburgh Parks - May 2018 - Hampton Property Group
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Strong result for Edinburgh Parks – May 2018

26 May Strong result for Edinburgh Parks – May 2018

Posted at 02:02h in News by

The industrial asset held in Edinburgh Parks, South Australia has been sold vacant possession to a multinational energy infrastructure corporation, representing a gross capital gain of 14% as it transitioned from a tenanted asset to vacant possession. The site offered a range of expansion opportunities which the purchaser is expected to take advantage of.

Investors in the Trust received monthly distributions for the majority of the 4 year term, with annual cash distributions generally in the 12-15% range.