The Industrial Trust No.1
The Trust was established in July 2015 by acquiring 3 properties well located in 3 states across Australia.
- Naval Base, WA
- Somerton, Vic
- Currumbin, QLD
Each property was securely leased to a single tenant under long-term lease.
In 2023, the Trust sold its properties at an 86% increase in capital value
The trust has returned an 18.6% p.a. realised IRR after fees.