Fund manager AIMS Group has embarked on a flurry of trades around its investment in an $80 million listed properties securities fund that disgruntled investors are seeking to wind up.
Further detail on the shifting stakes in the listed AIMS fund emerged on Monday as a motion to wind up the beleaguered fund was defeated at the second consecutive shareholder meeting. On Friday a similar motion fell short as well.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
