Investment

EMP No.1 Trust

ACTIVE

image

Description

The Fund is a newly established unit trust (in the form of an unregistered managed investment scheme) that will provide Investors exposure to two properties located at Buildings 8 & 23, 2404A Logan Rd, Eight Mile Plains QLD.

Building 8 is 100% leased, with Fulton Hogan recently renewing on a new ten (10) year lease across 80% of the Net Lettable Area (NLA).

Building 23 is 100% leased the Queensland Government, namely the Department of Housing and Public works and Metro South Health). The weighted average lease expiry (WALE) for Building 8 is 8.9 years and for Building 23 is 5.9 years.

Property

2404 Logan Road, Eight Mile Plains QLD 4113

Site Area

3,563sqm & 3,882sqm

Distribution Year 1

8.75%