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3 February 2009 - LandMark White Research
RBA decreases rates by 100 basis points moving official cash rate to 3.25%.
Michael Este, Executive Director, Funds Management commented that property investment fundamentals continued to improve with the difference between the official cash rate and property yields continuing to widen. "Property fund managers continue to see opportunities arising that will make very sensible additions to a portfolio of property assets. As long as capital can be secured investments look better each day."
The LMW Invest Diversified Property Fund is a property securities fund providing exposure to both the Australian and International REIT market, as well as Australian unlisted property funds. |
