Aecom House
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Project name: Aecom House
Location: 12 Cribb Street, Milton
Property: Office Building in Milton, Queensland
Purchase Date: May 2011
Purchase Price: $13.3 million
Current Distributions: 12% p.a. (a further 3% p.a. is being retained within the fund)
Harvest acquired this outstanding commercial asset in the heart of Milton, together with investment partner, the Denison Group. The property is currently producing sufficient income to distribute 15% p.a. to investors; however investors are receiving an annual distribution of 12% p.a. with the remainder being retained within the fund.
