Augusta Capital Ltd’s Augusta Industrial Fund has closed oversubscribed again, this time with $115 million raised.
Augusta Industrial Fund
Augusta Capital Ltd opened its unlisted industrial fund to new investment today as it seeks up to $115 million to add 5 properties to its portfolio.
Augusta Capital Ltd has delayed the launch of its tourism fund while it raises new capital for its industrial fund and starts a new single-asset fund.
Augusta Industrial Fund, Augusta Capital, Bob Dey Property Report
Augusta Capital Ltd’s Augusta Industrial Fund has agreed to buy one Christchurch & 4 Auckland industrial properties for $174 million, taking the gross asset value of the fund to $294 million on completion.