15/05/2014 - 15:27

Pindan rebrands funds management division

15/05/2014 - 15:27

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Property developer and builder Pindan has rebranded its funds management arm, OTAN Property Funds Management, which will now be known as Pindan Capital. Pindan said the rebranding would better align the division with its long-established brand.

Pindan Capital managing director David Pringle

Property developer and builder Pindan has rebranded its funds management arm, OTAN Property Funds Management, which will now be known as Pindan Capital.

Pindan said the rebranding would better align the division with its long-established brand.

Otan was formed five years ago, offering services across equity investment in residential and commercial developments, the purchase and management of office buildings, retail and industrial sites, and facilitating offshore investment into Western Australian assets.

The fund has 12 projects under development in Australia with total sales values of more than $450 million.

Pindan founding director David Pringle will remain as managing director of Pindan Capital.

Pindan business development manager Scott Davison will also join the Pindan Capital team.

“The new brand creates a stronger sense of identity and represents Pindan’s proven capability as a fully integrated property group,” Mr Davison said.

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