Sydney Morning Herald
Away to a ‘recommended’ start
Weekend Edition 18-19 July 2009
Carolyn Cummins
The first retail offering from the joint venture Denison LMWI has received a “recommended (lower end)” rating from the research house Lonsec. LMW Invest (part of ASX –listed LandMark White Group) and the Denison Group have formed a joint venture owning the eight-storey 165 Walker Street, North Sydney, site. Linden Toll, director of marketing and distribution with LMW Invest, said early indicators showed strong demand as investors sought traditional property investments. The trust is forecast to return 9 per cent a year to June 30, 2011. The close-ended, illiquid syndicate has a five-to-seven-year investment term. The net tangible asset value, on launch, will be 82.5c per unit.
www.denisonlmwi.com.au
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7 July 2010 - LandMark Byte Turns 4!
Celebrating LandMark Byte's 200th Edition please click here for the full report.
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6 July 2010 - RBA announces interest rate remains unchanged
At its meeting today, the RBA Board decided to hold the cash rate at 4.50 per cent.
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16 October 2009 – LMWI Diversified Property Fund – September 2009 Quarterly Report - We are delighted to announce that the LMWI Diversified Property Fund has provided a total return for the month of 6.14% and 14.35% over the quarter to 30 Sept 2009. Click here to read the full report.
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