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Denison LMWI to launch more trusts

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By Vishal Teckchandani
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1 minute read

Property syndicate provider Denison LMWI aims to launch up to three single-asset property trusts a year as it capitalises on falling real estate prices.

"There is a window of opportunity here to source these kinds of assets on good yields and we are able to offer funds that have good value up front as well as a good running yield. That is not going to remain in place forever," LandMark White Invest (LMWI) funds management executive director Michael Este said.

Denison LMWI is in the process of raising $14.8 million for its first property trust comprising an office building in North Sydney.