Fairvest to sell all its office assets — but not to bargain hunters
The move is part of its strategy to ultimately become a retail-focused real estate investment trust
12 September 2022 - 19:10
Mid-sized cap Fairvest says it will continue to sell noncore assets and optimise its existing portfolio to reach its objective of becoming a retail-focused real estate investment trust (Reit).
In its pre-close presentation for the period ending September 30, the company said the merger with Arrowhead in January was to ultimately create a retail-focused fund servicing the lower LSM and previously underserviced areas...
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