TCQ 0.00% $1.03 trinity group

resort units up for sale?

  1. 68 Posts.
    Regardless of it likely being a purchase from a related party (TDG probably?), this seems like a good value purchase Trinity made recently: $20m for Cumberland Lorne resort, incl. 51 units, conference centre and mge rights.

    http://sales.cumberland.com.au/Home/tabid/36/Default.aspx

    The first 51 units sold last year for a reported $30m in less than 2mths.

    Who needs fund management fees when you can make quick profits like that?! :oP
 
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