Mair Property Funds
Perth-based commercial funds management company, Mair Property Funds, has recently acquired a third asset for their popular MPF Diversified Fund No. 3, an office and warehouse facility in Derrimut (Victoria) for $6.2 million.
The Derrimut facility, which is located within the Paramount Industrial Estate, sits on a land area of 10,600 square metres with a building area of 2,860 square metres that was purpose-built for the current tenant in 2016.
Alex Lambert, Head of Commercial Funds at Mair Property Funds, was excited to announce the addition of another asset to the MPF Diversified Fund No. 3 portfolio.
“This purchase looks to further diversify our portfolio and is the first asset we have purchased for this fund outside of Western Australia.”