CVC Trinity Property Fund
CVC Trinity Property Fund (ASX:CJT) is managed by CVC Limited and the rapidly growing listed property funds manager Trinity Group (ASX:TCQ). The Fund was previously known as Taragon Property Fund (TPG) and changed its name in January 2007.
Following approval by the unitholders in December 2006, CJT successfully conducted a $7.5m capital raising to acquire a bulky goods development site in the Sydney suburb of Belrose. A second acquisition, a modern office/warehouse building leased 100% to Ricoh Australia, was completed in October 2007.
To date, total funds under management is $38M however this is expected to grow up to $200M by end 2008.
CVC Trinity Property Fund ARSN 107 276 184
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