According to a 4 February ASX announcement, 360 Capital will undertake a strategic review of CVC Property Fund with a view to determining how best to actively engage the expertise and capabilities of 360 Capital to improve the value of the fund for all parties and shareholders.
“We are happy about looking to do something like this to provide them with the opportunity to conduct that strategic review, given the things they’ve been doing lately in the market,” CVC Limited property executive Mark Avery told InvestorDaily.
“There’s not much information to provide at this point in time,” he said.
360 Capital is a property investment and funds management group holding assets valued at more than $845 million on behalf of 9,000 investors.
