BRISBANE’S MILLION-DOLLAR SUBURB BOOM MORE QLD REAL ESTATE NEWS: The final golf course frontage lots have been released within the exclusive Vantage Coolum estate.The final 20 golf course frontage lots within Vantage Coolum’s gated estate have been released to market by developer Sekisui House. The land is ready-to-build and sure to appeal to a range of buyers.Research from Place Advisory indicates a solid performance of vacant land in the Yaroomba and Coolum area. More from newsParks and wildlife the new lust-haves post coronavirus11 hours agoNoosa’s best beachfront penthouse is about to hit the market11 hours agoPlace Project’s Syd Walker said premium golf front land was a rarity on the Sunshine Coast and with limited stock the Vantage Coolum was one of the last opportunities to build a dream home within a gated community in close proximity to everything the Sunshine Coast has to offer.“Buyers can choose from land ranging in size from a spacious 450sq m to 972sq m, they are all level and ready-to-build on which will help keep building costs down so buyers can focus on building their dream home,” he said.“Between 2015 to 2018, vacant land in Yaroomba and Coolum recorded a massive 15 per cent average annual increase in median price compared to 13 per cent for the rest of the wider northern beaches area.”Sekisui House project director Evan Aldridge said he expected interest to be strong with all lots registered and ready for buyers to build their dream home overlooking an established 18 hole golf course.“Level vacant land is in scarce supply around Coolum and Yaroomba and this is the final opportunity for buyers to secure a premium home site in a boutique private community and yet a few minutes’ drive to local beaches and Coolum Village retail precinct which includes a number of quality cafes, restaurants, banks, convenience stores and boutique retail shopping outlets,’’ Mr Aldridge said.“The golf course presents a unique opportunity to enjoy tranquil and private views which will never be built out. “It’s a real oasis tucked away yet so close to all the amenities you will ever need.” FITNESS GURU SELLS MANSION
Copenhagen Infrastructure Partners (CIP) has reached a first close on Copenhagen Infrastructure IV (CI IV) investment fund with EUR 1.5 billion. The fund, planned to be worth EUR 5.5. billion, will become the largest one within renewable energy infrastructure investments, according to the investment company. CI IV has a global reach and will diversify investments across technologies such as contracted offshore wind, onshore wind, solar PV, transmission, storage, waste-to-energy and biomass assets in low risk OECD countries in Western Europe, North America and developed Asia Pacific, CIP states. The investment strategy of CI IV is a continuation of the predecessor funds Copenhagen Infrastructure (CI) I, CI II and CI III, focused on long-term institutional investment. The final close on the new fund is expected during the next nine months. The fund is expected to achieve capital commitments of EUR 5-7 billion and invest EUR 10-14 billion in greenfield renewable energy infrastructure across North America, Western Europe, developed Asia and Australia. “We are very pleased to reach first close of CI IV with a mix of existing and new blue-chip institutional investors committing to the fund”, said Jakob Baruël Poulsen, Managing Partner in CIP. “The market timing is favorable for greenfield renewable infrastructure investments, and the fund and CIP are well positioned to capture the attractive market opportunity with significant visibility of the investment pipeline and a high degree of execution certainty delivered by a large team of experienced industrialists”. CIP said that several other institutional investors were in the process of committing to the new fund, including those from the Nordics, Continental Europe, UK, Israel, North America, Asia and Australia. The first close was reached on 15 June with capital commitments from a group of institutional investors, including Danish pension funds PensionDanmark and AP Pension, KLP from Norway as well as pension and life companies and large family offices.