New online investment platform, iPartners Pty Ltd, has launched its second offer to investors with a proposed $9 million, end value, property development planned in the Hunter region of NSW.
iPartners' investment opportunity is a 46-lot residential development on 3.68 hectares in the Lower Hunter Valley growth corridor in Gilleston Heights.
The pre-tax, projected rate of return on the equity investment of $1.12 million, based on the project's feasibility study by the experienced developer and 51 per cent project stakeholder, Clearstate, is expected to be 38 per cent over the 14 month term.
A director of iPartners, Rob Nankivell, said: "We expect this development will be very positive for our investors as it is located in a major Hunter Valley growth corridor, which has seen significant investment in infrastructure over recent years.
Walk for a Wish
CBRE staff from 22 offices across Asia Pacific will unite this October to take part in the eighth Walk for a Wish event - the firm's flagship charity fundraiser.
Close to 2000 staffers will walk 10 kilometres in their respective cities across the region on Friday, October 27. Following the success of last year's event, which raised an incredible $360,000 for charity in Australia and New Zealand, staff will again be given the opportunity to support a cause of their choice. CBRE staff in Australia are hoping to raise $200,000 for charity this year.
At the firm's Sydney event, TV/radio personality, podcaster and SANE Australia director, Osher Gunsberg will join the post-Walk for a Wish celebrations at the North Bondi Surf Life Saving Club.???
CBRE's president & chief executive Australia & New Zealand, Ray Pittman said since the event's inception in 2010, CBRE's Walk for a Wish event has raised over $US1.7 million regionally.
