City Pacific - Timed To Perfection!
25th November, 2006
When City Pacific releases their arrows, they hit the target with the right deal at the right time, and the most recent decision to purchase Gainsborough Greens is a prime example.
"Queensland will win the population race with Melbourne by the middle of the century….it will be the booming settlements either side of Brisbane," says demographer Peter McDonald, head of the Australian National University's Demography and Sociology Program.
The quote from Professor McDonald reported in a property story on page 8 of the Weekend Australian, November 25-26, 2006, was confirmation the recent Gainsborough Greens purchases by City Pacific subsidiary, Mirvac Pacific had struck the bulls-eye.
"Anyone else in the queue for the Gainsborough land must feel like an English cricketer on a sunny November's day at the Gabba," said City Pacific Corporate Media Manager Mike London.
The Weekend Australian headlines, "Growing Where The Sun Shines", illuminated the page as Aussie scribe George Megalogenis relayed information, of concern for developers, who may well be burning up investors funds quagmired in interest rate-fried mortgage belts elsewhere.
Stoking the flames Professor McDonald turned up the heat even further, "Brisbane's population will more than double, from about 1.8 million to 3.8 million, by the middle of the century. The rest of Queensland will surge even faster, from 2.1 million to almost 5 million over the same period."
Can it get any better than that? Yes, if Professor McDonald's words are not enough to convince the skeptics, then the Weekend Australian backed up the good professor's numbers with its own research.
Add to that Australian National University economics professor Ross Garnaut, who reportedly believes the China-led boom will accelerate the flow of people and income to Queensland and Western Australia.
For nine years now the City Pacific Mortgage Trust has consistently provided their investors with higher returns thanks to an experienced management team, whose research and timing skills are a matter of record.
The City Pacific Mortgage Trust is not about promises to investors of what it hopes to do, but a fund that is soundly and factually based on what it has done, on what it is doing, and what it will continue to do – and that is to fund the right developments at the right time.
CEO & MD Phil Sullivan on timing, "Our strength lies in our team of skilled managers….."And Gainsborough Greens, "We've arranged with Mirvac to create a masterplan community that offers a premier lifestyle environment unequalled in this region."
