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News Archive:
Orchard Capital Investments Limited (Orchard), as the responsible entity of Orchard Diversified Property Fund , today announced the settlement of the purchase of the Woolworths Regional Distribution Centre situated in Townsville (QLD) for a purchase price of $12 million.
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Orchard Capital Investments Limited announced today an extension of National Australia Bank maturity date and BOS International (Australia) Limited review date to 30 July 2010.
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Orchard Funds Limited (Orchard) and Orchard Capital Investments Limited (the Responsible Entity) provide the following update regarding the Orchard recapitalisation/sale process.
Read moreFollowing completion of the assignment of leases to Goodstart, NAB has issued a Positive Receivership Notice on the 11 June 2010 which confirms the expiry date of the Fund’s current debt facility as 30 June 2012. This Notice also effectively allows the Fund to resume quarterly income distributions to investors commencing with the distribution for the year ended 30 June 2010.
The Fund is now in a strong financial position with low debt, secure cash flow and acceptable banking arrangements. Read more
Orchard Capital Investments Limited (Orchard) announced today that ING Real Estate Healthcare Fund (ASX code: IHF) has been granted exclusive dealing status on the Essential Healthcare Trust
(EHT). Read more
Orchard Funds Limited (Orchard) announced today that Cromwell Corporation Limited (Cromwell) has been granted exclusive dealing status on the proposed sale / recapitalisation of Orchard and its managed funds. Read more