McMahon Clarke is pleased to have advised Centuria Property Funds Limited on the launch of the Centuria Industrial Income Fund No.1.
Centuria's new unlisted property fund includes three high-quality assets in core industrial locations within Brisbane and Adelaide.
Commenting on the project, managing partner Sean McMahon said, 'We are delighted to have advised Centuria on its new $62.5 million industrial fund, having also helped the Centuria team launch other successful funds, such as the Centuria Sandgate Road Fund and the Centuria 80 Flinders Street Fund.'
'It is great to see Centuria start 2021 with the launch of this significant fund, and to have helped them get the offer to the market. This project again highlights McMahon Clarke's depth of experience in retail and wholesale investment funds, across a broad range of asset classes and investment strategies.'