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By Lewis Jackson
SYDNEY, Oct 10 (Reuters) - Investors in an Australian unlisted commercial property fund run by Centuria Capital Group who tried to withdraw money received a tiny fraction of their funds as requests exceeded available liquidity, the manager said in a statement on Tuesday.
The A$238 million ($153 million) Centuria Diversified Property Fund, which invests in offices, warehouses and other buildings across Australia, paid roughly 13% of redemption requests during a regular quarterl...
>>> Read more: Australian unlisted commercial property fund sharply limits withdrawals
SYDNEY, Oct 10 (Reuters) - Investors in an Australian unlisted commercial property fund run by Centuria Capital Group who tried to withdraw money received a tiny fraction of their funds as requests exceeded available liquidity, the manager said in a statement on Tuesday.
The A$238 million ($153 million) Centuria Diversified Property Fund, which invests in offices, warehouses and other buildings across Australia, paid roughly 13% of redemption requests during a regular quarterl...
>>> Read more: Australian unlisted commercial property fund sharply limits withdrawals
