An opportunity exists to participate in a $ 5M equity raising for this exciting project.
MBUT is a specialised unlisted property fund open for Investment.
Investing with MBUT would have the distinct advantage of having accelerated capital growth and high investment returns.
|Solicitors||Henry Davis York|
|Operator||Toga Far East Hotels|
|Quantity Surveyors||WT Partnership|
|Consultant||EY (formerly Earnest Young)|
|Project Managers||RPS Management|
|Construction Superintendent||BlueVisions Management|
|Early Works Contractor||DECC Shoring Pty Ltd|
PROJECT STATUS AT A GLANCE
|Land Property||acquired (unencumbered)|
|Debt Finance Offers||final stages|
|Drawings and Design||final amendments|
|Excavation and Piling||completed|
|Hotel Management||TFE Hotels engaged|
|Planned Start of Construction||June 2017|
|Main Contractor||being awarded|
|Planned Start of Operations||October 2018 earliest|
Foreign investors are generally subject to the concessional withholding tax rate of 15% on passive investment activities offered by an Australian Unit Trust.
Foreign investors are advised to discuss the investment intent with tax and financial advisors carefully before investing.
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