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Rebate Offer
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4.0% (100%)
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Minimum Initial Investment
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$1,000
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Expected Close Date
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Ongoing
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| Product Disclosure Statement |  Download Product Disclosure Statement (PDS) |
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The Australian Unity Retail Property Fund is an open unlisted property fund investing primarily in retail property including shopping centres, homemaker outlets, and service stations.
The Fund has a diversified tenant base which includes many of Australia’s most successful and best known brands including Coles, Target, Bunnings Warehouse, Kmart, Woolworths and Caltex.
The Retail Property Fund aims to provide investors with a steady level of income as well as capital growth over the medium to long term. It also aims to outperform the benchmark -Property Council/IPD Australian Retail property index.
The Fund was formed on 28 February 2009 by combining six existing Australian Unity property trusts.
What does the Fund invest in?
The Fund invests primarily in Australian direct retail property assets, however may also invest in other unlisted property trusts, retail sector Australia-REITs (Real Estate Investment Trusts) and cash as appropriate.
The Fund’s direct properties comprise of quality retail related assets. Many of these properties are also anchored by supermarkets, which have a lesser reliance on discretionary consumer spending. This is particularly important in times of economic difficulty.
Key benefits of the Retail Property Fund
- Solid and reliable income distributed quarterly.
- The potential for capital growth over the medium to long-term.
- Access to property investments without the obligations of direct property ownership.
- Access to investment opportunities in retail property that may not otherwise be available to individuals.
- A lower cost of borrowing than that typically available to an individual investor.
- Ability to obtain tax deferred income.
- Greater flexibility to access your investment compared to other direct property investment funds.
- Managed by specialist asset managers with the support of the Australian Unity Group.
Who should invest?
This Fund is typically suited to investors who:
- seek regular income distribution
- want a high degree of direct property exposure
- do not need ac cess to their investment in the short term
- are looking to diversify their existing property portfolio
- have at least a five-year investment outlook
About Australian Unity
Australian Unity Property Limited is the investment manager of the Retail Property Fund.
As one of the few funds management groups with in-house expertise to directly manage property assets, Australian Unity's property portfolio is currently valued at over $1.0 billion and comprises over 50 properties (as at 31 March 2010) in a number of different investment products.
The Australian Unity property team is skilled in all areas of property portfolio management including acquisition and disposal, lease negotiation, development and tenancy management. The emphasis is on negotiating long term leases with quality tenants to maximise rental growth.
| Fee Disclosure | | 2020 DIRECTINVEST will rebate 100% of the 4.1% entry fee on investments in the Australian Unity Retail Property Fund as additional units. 2020 DIRECTINVEST may receive a trailing commission of up to 0.40% pa. This trailing commission is paid by the fund manager and is NOT an additional charge to the investor. |
| Download Product Disclosure Statement (PDS) | | Property profiles | | Australian Unity Property Insights Autumn 2011 |
Important information
This investment product is issued by Australian Unity Property Limited ABN 58 079 538 499, AFS Licence No. 234455 in its capacity as Responsible Entity. This information is intended only to provide a broad summary of this financial product and does not take into account the financial objectives, situation or needs of any particular investor. In deciding whether to acquire, hold or dispose of the product, you should refer to the Product Disclosure Statement dated 28 October 2010 and the Supplementary Product Disclosure Statement dated 23 May 2011 to consider whether this product is appropriate for you. The information provided here was current at the time of publication only (1 April 2011), and we recommend that you access our website for further information. A copy of the PDS and SPDS is available at www.australianunityinvestments.com.au/rpf or by calling our Adviser Infoline on 1800 649 033.
Important information about forecast returns
#Returns are forecasts for new securities from 31 March 2011 and made on the basis that sufficient funding to purchase the fully developed expansion of the Waurn Ponds Shopping Centre is received. The future forecast returns are not guaranteed, and are provided only to indicate current projections for the Fund. Since the forecasts are based upon a range of objective assumptions, including external economic and market factors over which we have no control, your investment decision should assess the impact to you if the returns for the Fund should be less. In addition, the range and type of properties held by the Fund has meant that a number of assumptions about significant matters have to be relied upon when producing forecasts. These include the capitalisation rates for property valuations, continuation of leasing commitments and property income, capital expenditure requirements, the cost of debt, and the manner of development of the Waurn Ponds Shopping Centre. We emphasise that investment decisions should be made independently of the forecast returns, past performance, distribution rate, or the ratings given by a ratings agency, for the Fund, since these can vary, and are current only to the date of this publication. In addition, ratings need to be assessed in the context of the full report issued by the ratings agency.
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