360 CAPITAL GROUP LIMITED 26 October 2015
Members of Australian Industrial REIT (ANI) today approved the removal of Fife Capital Funds Limited and the appointment of 360 Capital ANI Management Limited (360CAML) as responsible entity of Australian Industrial REIT (ANI) with 99.7% of Members voting in favour of the respective resolutions.
360CAML is a wholly owned subsidiary of 360 Capital Group.
360CAML notes the announcement by 360 Capital Industrial Fund (TIX) that it now owns over 90% of ANI, will close the TIX Offer today and will commence compulsory acquisition of ANI.
ASX Release
360CAML will work with TIX to ensure a smooth compulsory acquisition by TIX of ANI. It is expected that this will take approximately six weeks to complete.
More information on the Fund can be found on the ASX's website at www.asx.com.au using the Group's ASX code 'TGP', on the Group's website www.360capital.com.au by calling the 360 Capital investor enquiry line on 1800 182 257, emailing investor.relations@360capital.com.au or contacting:
Tony Pitt | Tim Spencer |
Managing Director | Head of Investor Relations |
360 Capital Group | 360 Capital Group |
+61 2 8405 8860 | +61 2 8405 8872 |
360 Capital Group is an ASX-listed, property investment and funds management group concentrating on strategic investment and active investment management of property assets. The company actively invests in direct property assets, property securities and various corporate real estate acquisitions within Australian real estate markets on a private equity basis. 360 Capital Group's 18 full time staff have significant property, funds and investment management experience. 360 Capital Group manages nine investment vehicles holding assets valued at over $1.2 billion on behalf of over 10,500 investors and has over $200 million worth of co-investments across the 360 Capital Group.
Level 8, 56 Pitt Street Sydney NSW 2000 | T +61 2 8405 8860 | Fax +61 2 9238 0354 | E investor.relations@360capital.com.au | W www.360capital.com.au
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