News & Insights

LABASSA CAPITAL AUSTRALIAN REAL ESTATE CREDIT FUND – RATING WITHDRAWN

LABASSA CAPITAL AUSTRALIAN REAL ESTATE CREDIT FUND – RATING WITHDRAWN.

LABASSA CAPITAL AUSTRALIAN REAL ESTATE CREDIT FUND – RATING WITHDRAWN

Melbourne, 06 August 2020 – Labassa Capital Australian Real Estate Credit Fund – Rating Withdrawn.

Australia Ratings Analytics (Australia Ratings) has withdrawn its investment rating of the Labassa Capital Australian Real Estate Credit Fund (the Fund). The manager, Labassa Capital, has undertaken a corporate restructure. As a consequence, units in the Fund were compulsorily redeemed in May 2020 by Labassa Capital.

FOR MORE INFORMATION, CONTACT:

Maggie Callinan, Director 
maggie.callinan@australiaratings.com 03 8080 6684