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Aspen Group (TSX: APZ) is a real estate investment trust that both invests directly in real estate and sets up funds for investors. Aspen was formed in 2001 and now is in the S&P/ASX 300 index. Their group of companies owns properties in the office, retail and industrial sectors.
Aspen also uses its subsidiary Aspen Funds Management Ltd to manage funds and investment services. Its head office is in Perth, Western Australia.
Aspen Group Property Portfolio:
Dunsborough Lakes, Whitsunday Shores, Seaside Fern Bay, Byford on the Scarp, St Leonards Private Estate, Aspen LV Plus Ballina, Elders Woolstores Building, Spearwood, WA; Septimus Roe Square, Perth, WA; Aspen Karratha Village, Karratha, WA; Alcoa Head Office, Booragoon, WA; 564 St Kilda Road, Melbourne, VIC, 215 Browns Road, Noble Park, Melbourne, VIC; MTAA House, Currie St, Adelaide, SA; 51-63 Heaton Street, Rocklea, Brisbane, QLD; Level 5, 33 York Street, Sydney, NSW and Aspen Parks.
Their funds include: Aspen Parks Property, Aspen Diversified Property, Aspen Development No. 1, Aspen Select Property, Aspen Villages Property, and Aspen Communities Property.
The Aspen Group is an A-REIT working to profit from various sectors of the Australian market.
Next: Becton Property Group -- retirement villages and nursing homes<
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