Established in mid- 2019, the Fund is the first retail investor offering that Fawkner Property has embarked on. The investment objective of the Fund is to build a portfolio of investment properties with a total purchase price of between $90 million and $120 million, geared to an LVR of not more than 55% (excluding temporary financing).
The Responsible Entity intends to hold the Properties as long-term investments. The strategy is to hold the properties without adding any significant value through development activity. Some real estate assets may be developed under a Fund-through Arrangement and these assets will be held as investments of the Fund from completion.