Register your interest
Cleveland Industrial Park Trust, QLD
EXCLUSIVE INVESTMENT OPPORTUNITY
Cleveland Industrial Park Trust
An exclusive investment opportunity to invest in the upcoming Cleveland Industrial Park Trust.
The Trust will acquire a highly attractive metro industrial + logistics facility at
19 Enterprise Street, Cleveland QLD.
The property is being acquired for $31.2m, representing a 55% discount to replacement cost and a high underlying land value of 81%.
The Trust is targeting a strong risk-adjusted return profile via an active leasing and asset management strategy. There are multiple value add opportunities available, including a potential warehouse expansion to increase the GLA by up to 3,600 sqm and outperform the base case target returns.
Register your interest
Complete the form and our Investor Relations team will be in touch.
KEY DATES
- Expressions of interest –
Register your interest now - Offer open –
Wednesday, 31 July 2024 - Applications close –
Friday, 16 August 2024 - Settlement –
Wednesday, 28 August 2024
Investment Rationale
~6.5% p.a.
STRONG TARGET AVG. DISTRIBUTION
~14% to 15% P.A.
ENHANCED TARGET IRR
39% SITE COVERAGE
VALUE ADD OPPORTUNITY TO INCREASE GLA BY UP TO 3,600 SQM
55% DISCOUNT
TO REPLACEMENT COST
21% UNDER-RENTED
HIGH EMBEDDED RENTAL REVERSION
81%
HIGH UNDERLYING LAND VALUE
VIDEO
GALLERY
Get in Touch
Should you have any queries, please get in touch with our Investor Relations team below.
Lyle Hammerschlag
Executive Director of Private Wealth
Dylan Tomkins
Director of Wealth Management
Nelmari Oelofsen
Investor Relations
Nothing in this section of Centennial Property Group’s (Centennial’s) website will form part of or be the basis for any contract or commitment. This section of our website is not an offer or invitation to acquire any securities in Australia or elsewhere. You should carefully read the information memorandum before deciding to invest in the financial product described in that information memorandum, particularly as no cooling-off regime will be available.
