Medical & retail multi-tenanted shopping centre

Initially we were planning an internal syndication with this asset, however, half way through the capital raise we found there was strong demand from one of our valued clients to acquire it in its entirety. They had a strong connection with the shopping center and purchased it for a long term yield play. The market has since tightened following yield compression, locking in high capital growth over the last two years, being worth at least $2.5 million more than what our client paid in 2021.