Australian Property Growth Fund to Raise $30 Million

The trust is also expected to ask shareholders to back the internalisation of its management team at an extraordinary general meeting in late December.

As at September 2007, APGF had more than $540 million of funds under management including an office building at 124 Walker Street North Sydney, 516 Hay Street in Subiaco, Perth and an office building at the Tally Ho Business Park in East Burwood, in Melbourne’s eastern suburbs.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.