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| | Australia - residential house prices: Sydney, Melbourne, Brisbane, Perth Adelaide, Canberra, Hobart |
 | | The portfolio has a net annual passing rental of $18.85 million, which reflects a weighted average initial yield on the investment portion of the portfolio of 9.9% (pre- costs) which will increase to 11.1% (pre-costs) when fully leased. |
 | | As part of the transaction, Linfox has entered into leases over space it currently occupies in several of these strategic locations. |
 | | Mr Andrew Fox, Managing Director of Linfox Property Group, said, 'The transaction represented a win-win outcome for both parties. |
| www.propertyweb.com.au /press/pr0340.html (686 words) |
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