The Reed Property Trust is an unlisted unit trust that invests primarily in a range of income earning commercial property-based assets, consisting of direct property, listed & unlisted property trusts & property syndicates. The manager intends for the trust to raise capital each time suitable additional investments are identified. The Trust's objective is to provide investors with regular, tax advantaged income, with prospects for capital growth.

 

The existing portfolio is 100% leased taking into account rental guarantees.  91% of the lettable area of the portfolio is leased to national tenants with a weighted average lease term of 8.8 years. The underlying quality of tenants provides for relatively low volatility and a reliable income stream. Total assets in the fund now exceed $160 million. The properties are located in Toowomba, on the Sunshine Coast and Gold Coast in Queensland; and Canberra in the ACT and are spread between the commercial, industrial, healthcare and retail sectors.
 

Existing Portfolio

Chancellor Village Retail Centre - a newly constructed retail centre on the Sunshine Coast leased 100% & includes tenants such as ANZ Bank, Eagleboys Pizza, Subway & Video Ezy.
Chancellor Homemaker Centre - a newly constructed retail showroom centre fully leased by tenants such as Harvey Norman, Joyce Mayne & The Warehouse Group.

Noosa Gateway - another new retail showroom centre located at Noosaville on the Sunshine Coast & anchored by Officeworks Superstore.
Silver @ The Exchange - a new A-Grade commercial office building in the Varsity Lakes precinct between Bond University & Robina Town Centre on the Gold Coast. Anchored by IBM Australia, AON Insurance & the Gold Coast City Council.
Pioneer Rd Yandina - a new, purpose built, high tech industrial printing & publishing facility leased 100% by APN Printing Services.

BlueScope Coolum – a newly constructed industrial facility, purpose built for BlueScope Lysaght. The property is located at 41 Quanda Road, Coolum Beach, Queensland, situated between Maroochydore and Noosa on the Sunshine Coast. It comprises two lots in the new ‘Centra Park’ industrial estate at Coolum Beach.

Telstra House, Canberra – an ‘A grade’ commercial building, prominently positioned at the start of the boulevard entrance to the Canberra CBD

Canberra Eye Hospital - a quality commercial building situated in Amtech Park with Canberra's best equipped and most comprehensive eye care facility as the anchor tenant.

APN Toowoomba - a brand new, state of the art print facility purpose built for APN Printing Services and an existing general purpose industrial facility leased by Flexi-Foam Limited.

 

 

Features

3.0% Cash Rebate

Total return 17.3 cents per unit to 30 June 2007*

Limited Daily liquidity facility**

Minimum investment $5,000

Distributions paid quarterly

 

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. No ongoing commission is received.

 

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):

 

 

 

 

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.

* based on a unit price of $1.092, This is the historical performance of the investment, past performance cannot be relied upon to predict future performance.

** with up to 0.5% of the net asset value of the Trust will be made available to fund withdrawals each calendar month (a total of 6% of net asset value per calendar year.