This acquisition was sourced off-market from a private family and completed in the form of a club deal for two of our investors. The asset is a prominent corner building on a permanent retail and office location, generating stable income from diversified tenant profiles and sectors all the while offering potential value creation from under-rented units.
With an Ultra-Core investment profile, this investments aims to deliver 4-5% average cash-on-cash distribution over long term holding.
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