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27 September 2023 retailbiz
$11m sale of The Hub Westlake shows resilience of convenience retail
The Hub Westlake, a convenience-based retail shopping centre anchored by SPAR, six specialties and a swim school has been transacted off-market by Colliers Retail Middle Markets associate director for QLD, Harry Dever, who sold the Brisbane metropolitan neighbourhood shopping centre to a private investor, highlighting ongoing demand for assets underwritten by non-discretionary retail. Real Asset […]
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20 September 2023 IMAP
Structuring the defensive part of the portfolio
Brendan Paul (Atrium Investment Management), David Berthon-Jones (Aequitas Investment Partners), and Michael Frearson (Real Asset Management) explain their approaches to constructing the defensive part of the portfolio.  When looking at the defensive side of a portfolio, David Berthon-Jones, CFA — Joint Chief Investment Officer at Aequitas Investment Partners — believes that in the current environment, […]
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13 September 2023 VIDEO
Sharecafe Webinar Presentation
Matthew Strotton, RAM Executive Director and Head of Real Estate, joins Sharecafe to discuss the robust performance of the RAM Essential Services Property Fund (ASX: REP) and the resilience of healthcare and essential services retail assets.
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13 September 2023 REAL ESTATE SOURCE
RAM pockets premium from neighbourhood mall
Real Asset Management has banked a 14 per cent capital gain offloading a small suburban Brisbane shopping centre after five years. The Hub Westlake, 21 kilometres south west of town, is trading for $11.46 million to a private investor. The Sydney based fund manager paid $10.075m. The off-market disposal – to a high net-worth Sydney […]
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12 September 2023 COMMO.
SPAR anchored Retail Investment sold on strong yield for $11.46m to a private investor by Colliers 
The Hub Westlake, anchored by SPAR sold for nearly $1.4m more than previous sale price showing resilience in the retail sector given current market conditions. The Hub Westlake sold by Colliers Harry Dever, Associate Director of Colliers Retail Middle Markets on behalf of Real Asset Management (RAM) Group.  The Hub Westlake, anchored by SPAR sells […]
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8 September 2023 THE COURIER MAIL
Strategic sale pays off
A listed property fund managed by Real Asset Management has divested a convenience centre in Brisbane’s inner-southwest it bought five years ago for a 14 per cent premium. A high-net-worth Sydney investor paid $11.46m for The Hub Westlake at 7 Penong St, which was part of the RAM Essential Services Property Fund (REP). The fund […]
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7 September 2023 NEWS.COM.AU
Popular Brisbane neighbourhood centre sells for $11.46m
A popular neighbourhood shopping centre in Brisbane’s southwest has sold to a private investor for $11.46m. The Hub Westlake showed the market strength of essential services given its sale was sealed despite recently subdued commercial property sales. The shopping centre was formerly part of ASX listed firm RAM Essential Services Property Fund (ASX: REP). RAM’s […]
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7 September 2023 REAL COMMERCIAL
Popular Brisbane neighbourhood centre sells for $11.46m
This article originally appeared in Real Commercial. A popular neighbourhood shopping centre in Brisbane’s southwest has sold to a private investor for $11.46m. The Hub Westlake showed the market strength of essential services given its sale was sealed despite recently subdued commercial property sales. The shopping centre was formerly part of ASX listed firm RAM Essential […]
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6 September 2023 MEDIA RELEASE
‘Proof of Essential Services Retail Property’s Resilience’ — RAM Announces Sale of The Hub Westlake for $11.46 Million
Real Asset Management (RAM) is pleased to announce the successful sale of The Hub Westlake in Queensland for $11.46 million to a private investor. The asset was formerly part of the listed RAM Essential Services Property Fund (ASX: REP). This sale demonstrates the resilience of well-positioned essential services retail property assets, showing a $1.4 million […]
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6 September 2023 AUSTRALIAN PROPERTY JOURNAL
Australian Property Journal’s sales and leasing transactions wrap
Office Glenelg, SA A fully leased commercial property at 6 & 8 Moseley Street has sold for $5 million, reflecting a yield of4%, amid renewed interest in the Jetty Road retail precinct. The property is located on two titles within the beachside suburb, on a combined landholding ofapproximately 1,300sqm and includes 30 metres of frontage […]
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1 September 2023 VIDEO
Investing in medical and essential services real estate
Matthew Strotton, Executive Director and Head of Real Estate sits down with Financial News Network for an interview sharing the insights of investing in healthcare and essential services retail real estate.
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30 August 2023 SHARECAFE
Investing in medical and essential services real estate
Matthew Strotton, Executive Director of Real Asset Management, provides an update on the RAM Essential Services Property Fund (ASX:REP). Peter Milios: Today we are talking with RAM Essential Services Property Fund, which has a market cap of $373 million. RAM is an Australian real estate investment trust or REIT, and invests in high-quality Australian medical and essential […]
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