Wide ranging residential yields in Dixon Advisory’s US housing fund as shares debut on ASX
24 July 2012, Property Observer
Yields ranging from 4.7% to 12.2% are being achieved on properties acquired to date by the US Masters Residential Property Fund, which has listed on the Australian Stock Exchange (ASX) last Friday…
In just 13 months, small fund grows into a $165m outfit
17 July 2012, The Australian (subscription required)
Dixon Advisory’s US Masters Residential Property Fund began as a small $70 million fund, with aspirations of cracking the debt-stricken US residential market. In 13 months it has morphed into a $165m fund of 146 houses and 400 units, with a further 100 houses under contract…
After Years of False Hopes, Signs of a Turn in Housing
27 June 2012, New York Times
Announcements of a housing recovery have become a wrongheaded rite of summer, but after several years of false hopes, evidence is accumulating that the optimists may finally be right…
$100 Million for Pieces of the Big Apple
19 May 2012, The Australian (subscription required)
This fund, whose responsible entity is Dixon Advisory, was a 2011 initial public offering that has so far raised $100 million to buy residential property in the New York area.
Dixon Advisory’s US Property Fund Seeking Extra $100 Million Ahead of ASX Listing
18 May 2012, Property Observer
Dixon Advisory’s US Masters Residential Property Fund, the only listed Australian property trust with a primary strategy of investing in US residential property, is seeking to double in size ahead of its July listing on the Australian Stock Exchange…
Door opens to US market
11 March 2012, Sydney Morning Herald
Many investors have been taking the plunge into US real estate, lured by the combination of a strong local dollar and dirt-cheap properties stateside…