13 November 2012, Australian Financial Review (subscription required)
Dixon Advisory’s listed US property investment trust will seek up to $80 million in equity to spend on the recovering housing market. The US Masters Residential Property Fund , which invests in residential property in the New York metropolitan area, is looking for an initial $40 million and can receive over-subscriptions for another $40 million. The local group says it is moving into the sector as US giants including the Blackstone Group and investor Warren Buffett are also targeting the housing market…