Bennelong chooses Parramatta
The privately-owned, diversified international investment company, Bennelong Group, based in Melbourne, chooses properties in non-central CBDs, like Parramatta and Camberwell, in Victoria, because of tenant demand.
"It's a value proposition because of tenant retention, vacancy rates, capital growth and you don't have the boom and bust cycles that demand and supply tend to inflict on CBD markets," said chairmam Jeff Chapman.
Bennelong owns 11 properties in non-central business district markets in Melbourne, Sydney, Brisbane and Canberra, with about 65,000 square metres in combined gross lettable area.
"It's a value proposition because of tenant retention, vacancy rates, capital growth and you don't have the boom and bust cycles that demand and supply tend to inflict on CBD markets," said chairmam Jeff Chapman.
Bennelong owns 11 properties in non-central business district markets in Melbourne, Sydney, Brisbane and Canberra, with about 65,000 square metres in combined gross lettable area.
Labels: Bennelong
posted by parramattas at 09:23
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