Property market update: Perth, May 2022
Perth continued to outperform its bigger capital counterparts in May, as the city closed up the autumn season with a sol...
Investors will have the opportunity to invest in APN’s latest unlisted fund offering, launched this week.
“We are delighted to offer investors a high quality, well-leased office building in the heart of one of Australia’s leading non-CBD office markets,” said fund manager Steven Lawford.
In launching the fund, APN emphasised the growing attractiveness of direct property investment.
“With the cash rate at historical lows, we are seeing investors swing back to higher yielding ‘bricks and mortar’ investments,” Mr Lawford said.
An investment is an asset or item purchased with the expectation that it will generate income or appreciate in value in the future.
Property refers to either a tangible or intangible item that an individual or business has legal rights or ownership of, such as houses, cars, stocks or bond certificates.