360 Capital Group in Due Diligence of Proposed AU$69 Million Property Acquisition
MT Newswires Live
Sep 24
360 Capital Group (ASX:TGP) said it is currently in due diligence on the acquisition of a AU$69 million, recently completed apartment complex in Sydney, according to a Wednesday Australian bourse filing.
The company said it will look to raise capital from third-party wholesale investors to invest alongside 360 Capital REIT (ASX:TOT), the group's listed equity real estate investment trust.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.