• Acure Asset Management

INDUSTRIAL TRUST No 1

[FULLY SUBSCRIBED]


The Industrial Trust No 1 was established to acquire 100% of the units in the Underlying Trusts which separately hold the Somerton (Victoria), Naval Base (Western Australia) and Currumbin Waters (Queensland) Industrial Properties.


Investment Highlights


Purchase Price - $60.25m

Equity Raising - $33.00m


Projected Returns on Equity

  • Year 1 Distribution Forecast - 9.5%

  • Average (5yr) Distribution forecast - 10.4%

  • Projected Internal Rate of Return (IRR) - 11.8%

  • Quarterly Distributions from Settlement

Weighted Average Lease Expiry (WALE) of 9 years

Triple Net Leases


Naval Base, Western Australia

Somerton, Victoria

Naval Base, Western Australia

Currumbin Waters, Queensland

637 views0 comments

Recent Posts

See All