Allan Fife of Fife Capital pleads with his investors

Fife Capital managing director, Allan Fife has written a personal letter to the investors in the Australian Industrial REIT setting out his case to reject the advances of the 360 Capital Industrial Fund and the proposal, which goes to a vote in May, to replace Fife Capital as manager of the Australian Industrial REIT with the 360 Capital Group.

“I believe that Fife Capital offers a stronger asset management platform, a superior industrial property expertise and better long term growth prospects for the Australian Industrial REIT than can be delivered by 360 Capital,” he wrote.

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