Multiplex Acumen Property Fund has invested $11 million in two unlisted property funds.
The fund has purchased 6 million units at $1.00 per unit in the APN UKA Vienna Retail Fund, a new unlisted property fund which recently bought an 80% interest in a shopping centre in Vienna, Austria, valued at €106 million.
The fund has also bought 5 million units at $1.15 per unit in the SAI Essential Healthcare Trust, an unlisted property fund.
SAI has a property portfolio of seven healthcare assets valued at $117 million.
The fund earned commission income of circa $0.5 million from these two investments.
By Adam Parsons
