Nov 12 2018
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Nov 05 2018
After selling to New Zealand investor Brian Cook on a cap rate of c. 5% in mid-2016, the newly completed Woolworths stratum investment under the Omnia building in Potts Point is available for sale.
Oct 30 2018
27-year-old Kayla Itsines and husband Tobi Pearce, 26, have come in at number 5 of the Young Rich List. With an estimated net wealth of $486million from their fitness app, ?Sweat? which has over 40 million users, paying $20 per month, last year the pair were ranked 40thwith a combined wealth of $63million.
Oct 08 2018
Investors via Balmain Private's digital platform have rushed to a recently offered Trinity Point Drive investment, with the investment oversubscribing within 4 hours of being listed on the platform.
The investment forecasts a 9.15% annual return for a term of 18 months with a Loan to Value ratio (LVR) of 43%, with distributions paid monthly.
Balmain Private have provided a residual stock loan to refinance five recently completed residential apartments located at 25 Trent Street, Glen Iris in Victoria. According to Balmain Private's head of distribution, Tom Sherston, the $2.2 million loan was syndicated between seven investors via the Balmain Private digital investment platform and oversubscribed within 45 minutes. The investment term is 12 months and forecast return 8.65% net with distributions paid monthly to investors
Jun 13 2018
With the global interest rate environment at all-time lows and banks paying a meager annual rate on savings, which is typically lower than the inflation rate, investors are having to search for opportunities to make their capital work harder.
Balmain Private is enabling investors to consider stand-alone investments in individual first mortgage loans, via a unique online platform.
Mar 27 2018
Brisbane City Council has approved the redevelopment of two former government buildings, which will see them merged to form one $500 million office tower.
Australia / Brisbane
Mar 20 2018
More private investors will have access to individual, first mortgage secured loans, which produce a monthly income, via an online platform launched by Balmain Private.
Mar 12 2018
In November 2017, real estate investment manager and advisory group, Ashe Morgan, closed its capital raising for its recent purchase of the Health and Forestry buildings in Brisbane adding to the assets it now manages on behalf of its investors.
Mar 02 2018
The recent sale of the Chinatown carpark by a Trust managed by Sydney based property group Ashe Morgan in Brisbane's Fortitude Valley for $64 million, ended an energetic 2017 for the group in Queensland which also saw the group purchase the Health and Forestry buildings in the Brisbane CBD for $66million.
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