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ASPEN GROUP — Capital/Financing Update 2012
May 15, 2012
64404_rns_2012-05-15_e7e74515-1cf0-4cd3-8a47-779af7c4d5a9.pdf
Capital/Financing Update
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Aspen Group Limited ABN 50 004 160 927 Aspen Property Trust ARSN 104 807 767 Level 8, Septimus Roe Square 256 Adelaide Terrace, Perth Western Australia, 6000 Telephone: 08 9220 8400 Facsimile: 08 9220 8401 Email: [email protected]
ASX / MEDIA RELEASE 16 May 2012
SETTLEMENT OF ROCKLEA BUILDING
Further to the announcement of 20 March 2012, Aspen Group (ASX: APZ) is pleased to announce that settlement of the sale of its Heaton Street, Rocklea industrial building in Queensland occurred on 15 May 2012.
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For further information please contact:
Gavin Hawkins Managing Director, Aspen Group Phone: (08) 9220 8400 Mobile: 0402 148 279
David Tasker Professional Public Relations Phone: (08) 9388 0944 Mobile: 0433 112 936 Email: [email protected]
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About Aspen Group
Aspen Group is an ASX listed property investment and funds management group, focused on acquiring quality property assets and creating and managing innovative property funds and syndicates.
Formed in 2001, Aspen has progressed to now be a member of the S&P/ASX 300 index with assets under management in excess of A$1.3 billion.
Aspen’s core strength lies within the Group’s broad expertise across property acquisition, development and management enabling the Group to provide leading edge property solutions.
Aspen directly owns and manages a well diversified portfolio of commercial property assets Australia-wide. The portfolio is spread across the office, industrial and retail sectors and has grown through acquisitions and portfolio revaluations of existing properties driven by a strong property management focus.
Aspen also has developed an outstanding reputation for creating unique and successful funds management products and related services. These managed funds have provided investment opportunities across a broad spectrum of property sectors including tourist parks, residential land subdivisions, CBD office developments, private hospital developments and retirement and accommodation villages.
Aspen continues to look for acquisition opportunities for both balance sheet and syndication purposes in order to achieve further growth in both assets and earnings for security holders.
Website: www.aspengroup.com.au
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