February 01st, 2016
Impact Investment Group has lifted its property funds management empire to almost $400 million with the purchase of the Gold Coast Surgical Hospital for $45.8 million
The acquisition, on a net passing yield of about 7.1 per cent, is in keeping with Impact’s focus on high quality properties leased to tenants with a socially beneficial bent.
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In conversation with Nicole Richards at the Philanthropy Meets Parliament Summit, Daniel Lee shared his insights on topics including the role of philanthropy as a driver of systems change which addresses root causes of social challenges, the relationship between philanthropy and government and what the new political environment in the United States means for philanthropy.