The Skyring Fixed Income Fund is an opportunity to partner with an experienced, proven mortgage manager,
and to participate in quality investment opportunities throughout Australia fulfilling an income solution for an investor's portfolio.
By providing capital to borrowers, Skyring’s clients generate long-term, capital-stable income streams for their portfolios that are backed by high-quality, investment-grade properties and businesses within Australia.
Skyring Asset Management Limited (Skyring), in its capacity as Responsible Entity for the Fund,
is seeking to raise capital from investors, which will be used to provide a construction facility
to Highgate Hill Future Property Pty Ltd (the Borrower)
The purpose of the Offer is to raise funds in order to provide development finance to assist with the construction of a five-storey, 44-apartment development situated at 18, 20, 24, 26, 28 Jones Street and 8 Colton Street, Highgate Hill, Queensland. Specifically, this Offer is seeking to raise up to $5 million to be advanced to assist with funding the development.
This is a premium development with full city views. The borrower is targeting the 'owner-occupier' market and has positioned the apartments as a premium inner city development.
The purpose of the Offer is to provide first mortgage development finance to the borrower to assist with the construction of a five-storey, 45 apartment development situated at 18, 20, 24, 26, 28 Jones Street and 8 Colton Street, Highgate Hill, Queensland. Specifically, this Offer is seeking to raise up to $10 million to be advanced to assist with funding the Development. The Development has Brisbane City Council approval for 45 apartments with an estimated construction start date of June 2017. 1FULLY SUBSCRIBED View Latest Updates
1: the information of this webpage was prepared on or before the 20th February, 2017 and may no longer be a true and accurate representation of the Offer or Project referenced.