Real Estate

Property Fund Hires Manager

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The fund manager of a $450 million office real estate trust has jumped ship to another manager. : Grant Nichols who ran the roughly $450 million Australian Unity Office Fund is taking over as the fund manager of the $850 million Centuria Metropolitan real estate investment trust's fund manager. Nichols' appointment comes at a time when CMA is repositioning itself as an office property fund, shedding its industrial assets. Centuria head of real estate and funds management Jason Huljich said Nichols was appointed after an extensive search.

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