Aspen Group is an ASX listed property investment and funds management group, focused on acquiring quality property assets and creating and managing innovative property funds and syndicates.
North Melbourne Football Club Chief Executive Eugene Arocca said this was another great announcement for the club.
“We are thrilled to have such a prestigious company join the North Melbourne Football Club,” Arocca said.
“To have such a strong and influential company as Aspen Group on board is a tremendous fillip for our club.
“Partnerships such as these are crucial to the success of any AFL club.”
Aspen Group Managing Director, Mr Angelo Del Borrello said Aspen was delighted to be joining North Melbourne as a sponsor in 2008.
“We believe Aspen Group and the North Melbourne Football Club share the philosophy that hard work, discipline and innovation will achieve results, and we look forward to working with the club throughout the 2008 season,” said Mr Del Borrello.
Formed in 2001, Aspen has progressed rapidly as evidenced by its inclusion in the S&P/ASX 300 index and assets under management which are now in excess of $1.4 billion.
Aspen’s core strength lies within the Group’s broad expertise across property acquisition, development and management enabling the Group to provide leading edge property solutions.
Aspen directly owns and manages a well diversified portfolio of commercial property assets Australia-wide. The portfolio, spread across the office, industrial and retail sectors, has grown in value to $380 million (31 December 2007) through acquisitions, and portfolio revaluations of existing properties driven by a strong property management focus.
Aspen also has developed an outstanding reputation for creating unique and successful funds management products and related services. These managed funds have provided investment opportunities across a broad spectrum of property sectors including tourist parks, residential land subdivisions, CBD office developments, private hospital developments and retirement and accommodation villages.
