Dixon, Fort St raise $160.7 million for commerical property launch

Capital Raising: Sydney-based Fort Street Advisers and financial planners Dixon Advisory Group have raised $160.7 million for a new commercial property fund.

The raising, completed yesterday, was more than $60m oversubscribed.

Fort Street director Richard Hunt and Dixon's Alex MacLachlan and Chris Brown have worked together at investment bank UBS in the past. The new fund will be managed by Fort Street Real Estate Capital, a partnership between the two firms.

Read the full article: Dixon, Fort St raise $160.7 million for commerical property launch

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