David Di Pilla’s HMC Capital is sizing up the acquisition of a $145 million half stake in a major Sydney mall, as the fast-growing funds management platform taps interest from an expanding pool of powerful institutional investors.
While the mooted deal for Roselands shopping centre is still in due diligence, if it is concluded as hoped it will represent a fresh expansion of the rapidly evolving funds platform that went public only five years ago.
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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
Campbell Kwan covers commercial and residential real estate for The Australian Financial Review, based in the Sydney newsroom. He was previously the breaking news reporter. Email Campbell at campbell.kwan@afr.com
