KordaMentha Funds Management is acquiring the cold
storage facility from Austco Polar Cold Storage Pty Ltd in a $21
million off-market sale-and-leaseback transaction that offers a
forecast initial distribution yield of 8.25% pa.
- KordaMentha Funds Management acquires cold storage facility at
Laverton North for $21 million in sale-and-leaseback
transaction.
- Rare opportunity for investors to enter thriving industrial
property sector.
- Fund property located in highly strategic and sought-after
location in Melbourne's west.
KordaMentha Funds Management (KMFM) is pleased to announce its
entry into Melbourne's highly sought after industrial property
sector in Melbourne's Laverton North, with a new
single-property fund for wholesale investors.