Here’s some more great news for Fund investors.
We’ve just received an independent appraisal on a property we are hoping to buy for the fund (and is in the final stages of due diligence) that has come in at $950k more than our acquisition price. That ought to bring a smile to every Fund’s investor’s face.
Read the appraisal for yourself here
And here’s some even better news… provided you get your completed new or top up application in before midnight 30 June you will benefit from this acquisition!
You see, our due diligence will not be completed until early July, and as such, assuming the property passes Board review / revaluation then the $950k gain will be reflected July (not June) unit price.
Just remember that in order to pay the June unit price you MUST provide your new or top up application form, ID and investment sum by midnight 30 June 2014. No extensions are possible for any reason.
You can request an information pack with the PDS and application form here.
Sincerely,
– Steve McKnight
