Investa Properties have announced the launch of its new $150 million office syndicate, the Investa Diversified Office Fund. This is Investa’s eleventh unlisted offering since the formation of Investa Property Group in November 2000 and will take Investa’s external funds under management to $1 billion.

 

The syndicate will have interests in ten quality office assets, five of which are located in Sydney with the remainder located in Canberra, Brisbane and Adelaide. The average lease expiry is 5.8 years and over 90% of leases on the properties are with Government, ASX 100 organisations, or major multinationals.

 

The syndicate has received a ‘Highly Recommended’ rating from Aegis with a projected distribution for 2006 of  8.25% that is 100% tax deferred. This is an open ended unlisted

fund with a review in 10 years. It is being offered to the public for approximately 6 weeks -

opening on 12 April 2005 and closing on 31 May 2005. Be aware that high initial interest will most likely result in the offer closing early. Applications will be treated as a first in best dressed basis.

 

Liquidity Facility

Commencing 1 July 2008 Investa will provide or will procure the provision by a third party of a limited liquidity facility for the benefit of investors in Investa Diversified Property Trust.

 

 

Features

Investment Term 10 years (ability to redeem early)

Minimum investment $10,000

Projected unit yield 8.25%

Projected tax benefits 100%

Distributions paid quarterly

Lonsec  'Upper Recommended'

Optional 60% finance (see below)

3.0% Cash Rebate

 

Fees, Charges and Commissions

As with all unlisted property trusts we will be paid a distributor fee, this is equal to 4.0% of the funds that you invest and no ongoing commission. If this investment is lodged through us we will rebate directly to you the 3.0% upfront commission that we receive. keeping 1% for administration costs.

 

 

Further Information

For further information please download any of the following files or right click on the button and 'save target as' to download to your computer (all files are in *pdf format):

 

 

 

60% finance is available for this investment through Macquarie Bank With Macquarie Property Access you can borrow 60% of the funds required to invest in this unlisted property trust. The loan is for a 3 year period and there are three interest rate options for lenders. The minimum loan amount is $50,000, and given that a 60% loan is provided this equates to an investment in the property trust of $84,000 ($50,000 loan and $34,000 of your own funds). Additional features include no margin calls available for individual, joint, company or trust applicants 2.1% establishment fee, we will rebate 1.0% of this to you potential for tax deductions on loan interest minimum loan amount $50,000   Loan Type Interest Variable monthly in arrears 8.90% 1 year fixed, paid in advance 8.90% 3 years fixed paid in advance      9.00%   Further Information For further information please download any of the following files or right click on the button and 'save target as' to download to your computer (all files are in *pdf format): Loan Application (390k) Lonsec Research (850k) Loan Research (650k)

 

 

IMPORTANT : This information has been prepared without taking into account your investment objectives, financial situation and particular needs. National Financial Solutions Pty Ltd (the authorising licensee) makes no recommendations as to the merits of any investment opportunity referred to on this site or via email correspondence. All indications of performance returns are historical and can not be relied upon as an indicator for future performance. Any investment decision in the products listed is entirely yours. NFS bears no responsibility for the appropriateness of the investment to your circumstances.  NFS will not be held responsible for the performance or security of any investment going forward. Furthermore NFS recommends that you seek advice from an independent person as to the appropriateness of any investment that is placed through our service.