SMATS Australian Development Equity Fund.

Paddington by Griffin

Investing In Quality Australian Property Development Projects.

SMATS Australian Development Equity Fund provides a unique opportunity to invest in expected profitable Australian property development opportunities from the earliest phase of their lifecycle, allowing investors to reap the benefits of the developments’ margin.

SMATS Australian Development Equity Fund is suitable for long term investors seeking equity type returns from Australian property development projects. The trustee of the fund is SMATS Consortium Pty Ltd. The trustee will appoint SMATS Asset Management Pty Ltd to approve, manage and monitor the investments of the fund.

Potential projects will be identified via carefully screened trusted business partners, and equity funding will be deployed if approved. The fund will have the ability to assess opportunities, make fast decisions and deploy funds promptly, to capture market opportunities as they arise.

Sectors:

  • Land subdivision
  • Multi townhouse construction
  • Low to medium density residential unit developments
  • Mixed use residential and commercial developments up to 8 levels in height
  • Commercial developments

Fund Type:

  • The fund is an open ended equity growth fund
  • No leverage

Investment Targets:

  • The fund is targeting a gross IRR of 18% p.a. on projects
  • The fund will hold a portfolio of projects across different sectors and geographies in Australia
  • Expected life cycle of most projects to complete is 3-4 years

Equity Capital Deployment:

  • Maximum single project equity allocation is A$5M from the fund
  • Projects will require a minimum of 20% of equity as a portion of the total development cost of the project.

Minimum Investment:

  • A$100,000

Restrictions:

  • Redemptions are subject to a 4 year lock-in period and approval of the trustee
  • Foreign investors cannot hold more than 5% of the fund without FIRB approval

We welcome your participation and further enquiry by submitting your details here.

Further information and a copy of the Information Memorandum is available upon registering your interest.

Register your interest.