Thursday, March 16, 2017

Mirae Asset, Australia to real estate funds led conspiracy ... 140 000 000 000 closed early



[Korea goyounghun financial newspaper reporter] had completed the first half of hwajejak Australian Property Fund IPO earlier than the deadline date of 17 days of the day Mirae Asset Global Investments.

16 days, according to Mirae Asset Financial investment industry ended the day early Australian Government Department of ₩ 141 billion size of the "Mirae Asset Maps Australia real estate IPO fund that invests in offices located in Canberra, Australia.

Initially KB Kookmin Bank, Daewoo, Mirae Asset is one, Shinhan Bank, due to the appeal of 17 days, but we will finish via bank branches and other investors wanpan. Mirae Asset sales completed before treatment, while the amount allocated 80 billion won in just two days added volume. The amount of 60 billion won on a little bit assigned to the bank sales channel is not known to treat the MAS to invest directly.

Federal Ministry of Education building is in a building completed in the 12-storey central government agencies in areas densely 2010 Civic. Australian Federal Government agency under the Ministry of Education in Australia have been granted international credit rating agency S & P AAA rating criteria should rent the entire building. Business facilities and commercial facilities already building a 100% up to May 5, 2025 has gotta deal to lease long term. 5 years extension option exercise is available and rents are rising way by taking a fixed 3.35% annual. Through next year once the market re-rating is possible within 5% of the previous rent.

The fund has a minimum subscription amount of pieces is limited, but bad for public offering funds to 10 million won higher expected return to feel the charm yiraneunde 4-6% level is analyzed that investors Moline. In addition, it is expected that the vacancy rate is low also considered one mokhan. Building the price except the recruitment amounts to 280 billion won is expected to scale to meet local procurement finance.

No one was closed due within the moderate to repurchase from inception 5 years, 6 months, but after 90 days setting is listed on the Korea Exchange. Dividend will be paid every half year since the end of June. The Fund is not carried out hwanheji revenues are linked to the Australian dollar. Recently, a bar invest 880 billion won in the Brisbane office building Teachers Pension Agency.

Mirae Asset Global Alternative Investment Management is the asset that introduced the nation's first real estate fund in 2004 to 9 trillion.

Last year, it completed the offer of prime material Dallas, Texas office building scale of 300 billion won public offering ways to invest in the 4 buildings' Mirae Asset Maps US real estate fund. The yield of 4-6% is expected through a steady cash flow to the state it signed the largest US insurers State Farm more than 20 years long term lease. In addition, one asset management and is also preparing to launch a real estate investment fund IPO in the US this month screw building.

Industry insiders explained that "not a hwanheji will be aware, the exchange rate fluctuations" and "lending rate, etc. It should be noted also because it is not a fixed rate of return."



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