Shares often take centre stage when it comes to building a wealth portfolio, but there’s another asset class that’s been waiting in the wings, developing a strong foundation for investment portfolios. Australasian Property Investments Limited (APIL) managing director Peter Hughes said he expected the trend to continue. Unlisted property has been performing remarkably strongly over the five past years with an annualised total return of 21.6 percent, higher than the 8.8 per cent annualised return delivered by Australia’s equities over that same period.

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.

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.

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

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.

APIL is pleased to announce that the APIL Wingate St Leonards Office Trust 29-52 Christie Street, St Leonards has sold for over $160 million, during the month of March 2018.

Floreat Forum owned by APIL and managed by JLL has been awarded the coveted 2017 Shopping Centre of the Year by the Property Council of Australia.

APIL is pleased to announce the launch of the APIL Byford Market Place Trust. For more information please REGISTER YOUR INTEREST now.

APIL is in the final stages of the acquisition of a large format retail centre in Perth's northern suburbs.