Quadrant Investments Large Format Retail Trust No. 1

Address
637-655, 673 & 688 Marshall Road & 1968 Beach Road Malaga

Net Lettable Area
18,924sqm

Role
Asset & Trustee Manager

Description

• Portfolio of large format retail properties
• Eight buildings over four individual titles
• Year 1 forecast income distribution of 9.75% (estimated)
• Target investor IRR of 11%+
• Five year initial Trust Term
• Diversified income stream from 20 tenants
• WALE of 5 years
• Huge 48,000sqm aggregated highway land holding
• NLA of 18,924sqm

Transaction Date
March 2018

Purchase Price
$39,998,000