News and Announcements
US Residential Fund CEO Interview
- Published July 20, 2016 12:09PM UTC
- Publisher Wholesale Investor
- Categories Executive Interviews
US Residential Fund is an ASX-listed business that is seeking to raise capital in order to transform over time from a property owner to a fund manager that retains exposure to property assets. Starting with a portfolio of 140 established rental houses in three US states, the fund has paid a A$0.06c pa distribution, which equates to a 10% return against the current capital raising offer price.
The fund is moving into the attractive multifamily property asset class and has established infrastructure in the US and Australia, which can be readily employed to execute the funds management strategy.
Please listen to Andrew Meakin, Managing Director of US Residential Fund below.
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