You are here

Rundown NY homes draw Aussie fund

US Masters Residential Property Fund buys only properties located less than an hour by public transport from midtown Manhattan

BT_20141212_AUSS12_1409008.jpg
The US Masters Residential Property Fund owns A$545 million of properties in New York's metropolitan area, including in Brooklyn (above), New Jersey and Harlem.

Sydney

THE first listed Australian landlord of US housing is hunting for rundown properties in the New York City area as prices hit new highs.

The US Masters Residential Property Fund owns A$545 million (S$592 million) of single and multi-family properties in the New York

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom