About the Fund

Eight office properties located in Australian metropolitan and CBD markets

The Fund invests in Australian office property and related assets.

The Fund’s property portfolio is diversified across metropolitan and CBD markets in Sydney, Adelaide, Melbourne, Brisbane and Canberra, and was independently valued at $407.7 million at 31 December 2016.

View property portfolio
64 Northbourne Ave, Canberra, ACT

Fund snapshot as of 31 December 2016

Portfolio of 8
quality and diversified metropolitan and CBD office properties
94.66%
portfolio occupancy*
92 tenants
(approximately)
4.45 year WALE
(Weighted Average Lease Expiry)#

Our Investment Strategy

The Fund's objective is to provide unit holders with sustainable income returns via quarterly distributions and the potential for capital growth over the long term by investing in a diversified portfolio of Australian office properties. The Fund's strategy is to:

  • Focus predominately on owning Australian office properties in metropolitan and CBD markets
  • Grow net property income and enhance capital values through active asset management
  • Deliver investors sustainable and growing income returns via quarterly distributions
  • Maintain a  capital structure with target gearing below 40%, and
  • Construct a portfolio that maintains diversification of geography, tenants and lease expiry profile through investments in existing properties and potential future acquisitions.
2 Eden Park Drive, North Ryde, NSW

* As at 31 December 2016, by Net Lettable Area
# As at 31 December 2016, by Gross Property Income. Excludes The Brisbane Club tenancy at 241 Adelaide St, Brisbane with approximately 47-year term as this would distort the WALE.

Important information

The Fund is issued by Australian Unity Investment Real Estate Limited (AUIRE), ABN 86 606 414 368, AFS Licence No. 477434.
The information on this website is general information only and is not based on the financial objectives, situations or needs of any particular investor.
Past performance is not a reliable indicator of future performance.