News & Insights

Fund Manager Real Asset Management (RAM) has snapped up a 23-storey A-grade office tower in the heart of the Brisbane CBD. On behalf of investors RAM paid $141.3m for the tower at 333 Ann St in a deal struck by CBRE’s Bruce Baker and Peter Chapple on behalf of Growthpoint Properties. RAM head of real estate Matthew Strotton said […]

Australian-owned asset manager Real Asset Management has secured a modern 23-storey office tower in the heart of downtown Brisbane. In an off-market deal the wealth and asset manager paid $141.1 million for the fully-leased 14-year-old building at 333 Ann Street. The building—on the corner of Hutton Lane—is about 150m from Brisbane’s Central Station. In announcing the acquisition, RAM […]

Real Asset Management chief executive Scott Kelly said the fund manager had capitalised on a short “window of opportunity” before commercial property values rise again after acquiring a fully leased Brisbane office tower from ASX-listed Growthpoint Properties for $141.1 million on a yield of 7 per cent. The 23-storey A-grade tower at 333 Ann Street, in […]

This article originally appeared in Australian Property Journal. Real Asset Management (RAM) has pounced on an A-grade office tower in Brisbane, paying $141.1 million on a beefy 7.03% yield for 333 Ann Street, where it is eyeing off rental growth opportunities. It was bought off-market from ASX-listed Growthpoint Properties at just above June’s $140 million book […]

This article originally appeared in Real Estate Source. Real Asset Management has scooped up a 15 year old fully let office tower near Brisbane’s Central train station. The off-market deal for 333 Ann Street is worth $141.1 million reflecting a 7.03 per cent net passing yield. It also represents a windfall for the vendor, South Africa’s Growthpoint, which paid […]

The Responsible Investment Association Australasia (RIAA) has certified two fund strategies from Real Asset Management (RAM). The RAM Australian Diversified Fixed Income Fund and RAM Diversified Fixed Income and Credit SMA have been approved under RIAA’s Responsible Investment Certification, meaning that they adhere to operational and disclosures practices in line with responsible investment practices. “Good […]

Yeppoon’s Bay Plaza will introduce a host of new stores this year as the centre’s redevelopment continues in full swing. See what will open at the coast this year. A woodfired restaurant, cafe and bar chain will open its first venue outside South East Queensland when it fires up at the new-look Bay Plaza this […]

Fund manager RAM delivered a small boost to investors in its Essential Services Property Fund, after upgrading the full-year payout following a series of healthcare acquisitions, and as it increased its development pipeline to over $200 million. Trading under the ticker REP, the fund forecast a full-year distribution of 4¢ per security, up from 3.9¢ […]