Asset sales offer trust investors some hope

Melbourne-based research firm PIR crunched the numbers on 140 unlisted property trusts and syndicates and found that 29 of them had LVR above 60 per cent.   PIR associate director Dugald Higgins said the quality of assets owned by unlisted trusts and syndicates ranged from prime to secondary-grade properties.    He said PIR estimated that valuations [...]