MPG is an unlisted public company that holds an Australian Financial Services Licence.
In 2013, through the establishment of MPG Asset Management (MPGAM), SPP entered into a 50/50 partnership with MPG Funds Management (MPGFM) to expand the business of MPG through the sourcing of suitable structured property opportunities and the procuring of private equity for participation in the ownership of these assets.
The successful partnership between SPP and MPG has seen the MPGFM business expand its property funds under management to in excess of $750m with assets across Australia
The benefit of the MPG relationship ensures that the property opportunities that SPP investors participate in are professionally managed by an award-winning Funds Management Company
APN Property Group Ltd is a specialist real estate investment management company that actively manages real estate funds on behalf of institutional and retail investors.
Established in 1996, APN is listed on the ASX and manages $2.8billion (as at 30 June 2018) of real estate and real estate securities. APN trades on the ASX under the code “APD”.
In 2016, SPP partnered with APN Property Group in establishing an unlisted pre-IPO property fund comprising of 23 Puma Energy Service Stations valued at $107million.
In 2017, SPP assisted APN in the establishment of the Convenience Retail REIT, an Australian Real Estate Investment Trust that owned an initial portfolio of 66 Service Station retail assets valued at $308 million. It was listed on the ASX in July 2017 under the code “CRR”.
SPP has an ongoing role to secure and procure Service Stations to be included in the Convenience Retail REIT