Fairfield Centre Syndicate
Overview
The Fairfield Centre Syndicate is an unregistered managed investment scheme.
The strategy of the Syndicate is to:
- acquire and hold the Property to provide Investors with a quality, high yielding property investment
- actively asset manage the Property by implementing repositioning, leasing, tenant remixing and marketing to optimise the income and value of the Property
- seek to further improve rental yield and to capitalise on the Property’s significant value-add potential by implementing the Repositioning Strategy over 2 stages, as follows:
- Stage 1: Re-convert BigW into a car park and enhance Level 1 retail
- Stage 2A: Convert Level 1 southern retail into office space
- Stage 2B: Build additional office space on rooftop
Investment thesis
The fund aims to acquire and hold the property to deliver quality, high-yielding returns while actively managing the asset through repositioning, leasing optimisation and tenant remixing. A multi-stage value-add strategy includes: Stage 1 converting the Big W space to parking and enhancing Level 1 retail; Stage 2A converting southern retail to office; and Stage 2B adding rooftop office space.
Assets
1
Portfolio valuation
A$115m
Occupancy
96%
WALE
4.3 years
Investor Relations
Rebecca Geaney
Investor Relations Manager
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