Latest APIL News

APIL Reaches $1Billion Property Fund Milestone

Australasian Property Investments Limited is sizing up opportunities in the industrial market, launching a new syndicate that’s pushed the business beyond the $1 billion investment mark. It’s been almost 20 years since Australasian Property Investments Limited (APIL) made its debut in the local property scene with the purchase of a retail premises in Midland and an office building on Kings Park Road. At that time, in 2001 APIL’s then two-property portfolio was valued at about $10 million - in 2019 the value of APIL’s past and present management portfolio has reached above the ten-figure mark to hit the $1 billion investment milestone.

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New Medical Centre Set to Open at Floreat Forum

Floreat residents will soon have more choice when it comes to healthcare with a brand new medical centre set to open its doors at Floreat Forum Shopping Centre in November. Floreat Forum General Practice, will house nine treatment rooms as well as a reception and waiting area, along with a pathology service provided by Clinipath. Works have already started on the new centre which will offer a comprehensive range of general medical care for men, women and children as well as offering a range of specialist services, including skin cancer checks, cosmetic treatments, travel vaccines and on-site pathology.

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APIL acquires Alto Underwood QLD

APIL is proud to announce settlement of its most recent investment fund, “Alto” 39-45 Compton Road Underwood Queensland. The fully leased large format retail centre is securely anchored by BCF and Betta Home Living and located in a busy retail precinct approximately 23km south of the Brisbane CBD. The centre occupies a strategic 13,430sqm corner site and is APIL’s second property purchase in Queensland

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NEW – Flinders Square Shopping Centre

APIL has expanded it's property portfolio in August 2018 with the acquisition of the Flinders Square Shopping Centre located in Yokine WA. The site area is approx. 20,235m2 and the centre has a gross lettable area of just over 6000m2 and is located approx. 5 km north of the Perth CBD. Purchased for $39.5m it has an 8 year investment timeframe and forecast income distribution of 6.5% pa.

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