“Turn the lights off on the way out the door” is exactly what Macquarie Bank did recently when they were the final bank in Australia to stop lending to SMSFs for the purposes of purchasing residential property.
Middleton Park II, as the name suggests, is the extension of an existing CFMG Capital residential development delivered by the fund and thus enjoys the benefits of being a proven project. The site lies immediately adjacent to the existing 150 lot Middleton Park development and will create an additional 186 allotments to form a 336 lot residential community.
Unlisted property funds have continued their spectacular run of returns in the past 5 years, once again outperforming listed real estate trusts, direct property investments and the broader equities market – delivering a return of 13.8% throughout calendar year 2018.
International Women’s Day (IWD) is celebrated around the world on the 8th of March and is a day to reflect on how far society has come and how far we still have to go to truly achieve gender equality. Last week, the women of CFMG Capital attended an International Women’s Day lunch to celebrate this day.
The point we’re making here isn’t to start trying to essentially ‘stock pick’ or list suburbs outperforming other suburbs in these major markets, but to simply point out the opportunities created by the basic property cycle, particularly for developers (or investors) who take a national view, or even just an eastern seaboard view.