News and Announcements
Trinity Accommodation Regional Hospitality Fund Annual Update 2016; >$13M Raised & New Acquisitions
- Published January 19, 2017 10:27AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Trinity Accommodation Regional Hospitality Fund (TARHF) invests in Australian regional hospitality assets outside of the main capital cities. Listed below is some of TARHS achievements during 2016;
- Raised more than $13m of new equity and has acquired new motels in Yass, Launceston and Batemans Bay with another to be announced shortly.
- Purchase regional motels, add value by undertaking capex, marketing and cost control, and hold for yield and capital growth.
- TARHF distributed more than 11%.
In that TARHF believes they have a bright outlook and look forward to 2017!
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