First Light Capital has settled the purchase of the Parnell Service Limited business including the management rights to a portfolio of 19 commercial & industrial properties. We welcome David Nicoll to the First Light Capital team as an Advisor for a period of 5 years, and are pleased to announce that Christine Morgan and Todd Ansell will also join to ensure a smooth transition of the business.
First Light Capital
The addition of Collingwood Street with a large ASX listed corporate and a Government entity as tenants provides added security and diversification to the Fund's income streams.read more
This property is now owned by Apollo Drive Investments Limited which is a PIE Fund and will give investors the same benefits as direct property ownership in addition to the tax benefits applicable to PIE entities.read more