NOTICE PURSUANT TO SECTION 601GCA OF THE CORPORATIONS ACT IMPLEMENTATION OF ATTRIBUTION MANAGED INVESTMENT TRUST (AMIT) REGIME Plantation Capital Limited ABN 65 133 678 029 (Plantation Capital) in its capacity as responsible entity (Responsible Entity) of the Passive Income (USA Commercial Property) Fund ARSN 155 770 095 (Fund) proposes to amend the Fund’s constitution so…
Annual Redemption Offer
Please note that our annual voluntary redemption offer will open on 1 September 2017 and will remain so until 5.00 pm on 29 September 2017. A letter explaining more information about the redemption process can be found in here. Please take the time to read it and act accordingly. The Offer will be funded with…
Sale Of Thornton Building
The sale of the office building at Thornton was completed today. We bought the property for $3.05m in August 2013 and sold the property for $3.975m in September 2016. The proceeds are earmarked for a redeployment with an industrial property in Atlanta currently under due diligence.
Fund Update
1. June 2016 Revaluations All the draft independent appraisals have now been received and reviewed, with questions outstanding on 3 of the 34 properties we own. Once those queries have been settled then we’ll be able to ‘book’ the movement in fair market value and strike our June unit price. I don’t mind telling you…
New Investor Portal
I’m pleased to advise that phase one of the Investor Portal work is now complete. The Investor Portal enables viewing and managing investor holdings securely, online. It is an effective and convenient way to access your investment details. At this stage you will be able to view your investment holdings and download various reports including…
Change Of Auditors
In an effort to deliver better efficiencies we have decided to change auditors in an effort to have the one firm audit our US and Australian operations. The swap over is well under way and it is a requirement that I formally notify you that the existing auditor has voluntarily resigned, and that we have…
General Advice Warning: This information is of a general nature only and does not take into account your objectives, financial situation or needs. You should consider the Product Disclosure Statement (dated 4 July 2018) issued by Plantation Capital Limited ACN 133 678 029 AFSL 339481 in deciding whether to acquire an interest in the Passive Income (USA Commercial Property) Fund. PropertyInvesting.com Pty Ltd is an authorised representative of Plantation Capital Limited ABN 98 096 059 353, AFSL 339481. Past performance is not a guarantee of future performance.