SYDNEY, AUSTRALIA: 360 Capital Group (ASX:TGP) has now entered into an unconditional contract to sell its entire 39.1% co-investment stake and sale of 50% of the management rights in FibreconX. Total consideration of $26.7 million equates to an IRR of 177% p.a. on original investment of $9.95 million. This sale generates a pre-tax profit of…
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360 Capital purchases 70% stake in Hotel Capital Partners
SYDNEY: 360 Capital Group has purchased a 70% interest in Hotel Capital Partners (HCP). HCP was initially established in 2000 by well regarded hotel investor and operator, Stephen Burt as a specialist hotel investor utilising third party capital to invest in hotels, hotel debt and management companies across the full spectrum of hotel classifications from…