General Property Trust is looking to setup a third party funds management platform for a office wholesale fund.
Yesterday, GPT said in a statement is has held initial discussion with asset consultants and potential investors.
“The planned fund would provide wholesale investors with the opportunity to invest alongside GPT in a well diversified portfolio of domestic, prime grade office assets.
“GPT’s deliberations are at a preliminary stage. Should the fund proceed, GPT will inform the market accordingly,” the statement added.
By Kathryn O’Meara
