SPP’S ROLE IN RECENT EAM PROPERTY TRUSTS
Elara Village Shopping Centre / Marsden Park, NSW
EAM acquired a new Coles anchored Shopping Centre located within Stockland’s Elara Masterplan Estate in Marsden Park NSW. Tenants include Goodstart Early Learning, Castle Medical Centre and a series of quality essential needs operators. Construction was completed and the Centre opened in November 2021.
BMW Berwick / Berwick VIC
EAM successfully completed a $10.05m equity raising for the EAM Berwick Motor Trust (the “Fund”) a new unlisted, seven-year, fixed term direct property fund. The Fund acquired a new BMW dealership and service centre located in Berwick, Melbourne.
EAM Caboolture Property Fund / Caboolture QLD
An investment in a brand-new shopping centre in the fast growing corridor between Brisbane and Sunshine Coast. Major National Tenants pre committed include Coles, Liquorland, Chemist Warehouse and Petstock on long term leases (10- 15 years).
MPG BW Newstead Trust – 2017
Deal origination and negotiation, due diligence, Project Control meetings, equity raising, asset management.
- A new flagship Bunnings Warehouse in inner city Newstead (Breakfast Creek) Brisbane, QLD with 1,800 sqm of speciality tenancies
- Construction commenced March 2017 – Bunnings as Developer and the Bunnings Warehouse opened in March 2019.
- Long-term lease to Bunnings and speciality tenants
- $85m development
Convenience Retail REIT – July 2017
Acquisition, Due Diligence and Advisory.
- Listed in July 2017, an Australian Real Estate
- Investment Trust (AREIT) that owns an Initial Portfolio of 66 service station retail assets independently valued at $308million and located across Australia.
- Attractive and defensive forecast yield backed by long term leases
- Managed by APN Funds Management Limited
APN Retail Property Fund – 2016
Deal origination, asset management, acquisition & advisory.
- An unlisted pre-IPO fund comprising 23 Puma Energy service stations valued at $107m.
MPG Hardware Trust – 2016
Equity raising.
- New Bunnings Warehouse in Kingston, Tasmania.
- $19.7m development.
- Long-term lease to Bunnings.
- Opened June 2016.
MPG KM Trust – 2016
Deal origination and negotiation, due diligence, equity raising and asset management.
- A latest format Kmart store with approx 1,000sqm of complementary speciality retail tenants in Port Macquarie, NSW.
- Head Lease to Kmart.
- $30m development.
- Opened late March 2017.
MPG BW Trust 2 – 2015
Deal origination and negotiation, due diligence, equity raising and asset management.
A new Bunnings Warehouse in Bundamba (Ipswich) QLD.
- $33.6m development.
- Long-term lease to Bunnings.
- Opened May 2016.
MGW BW Trust 1 – 2014
Deal origination and negotiation, due diligence, equity raising and asset management.
- Two new Bunnings Warehouses in Huntingwood (Blacktown) NSW and Bundaberg QLD
- $65m development
- Long-term leases to Bunnings
- Opened: Bundaberg – December 2014 /
- Blacktown February 2015
MPG BW Rockhampton Trust – 2019
Deal origination and negotiation, Due Diligence, equity raising and asset management.
- This Trust provided an opportunity for investors to invest in the second largest, large format retail centre in Rockhampton QLD
- Quality Tenants include Bunnings, Autobarn, Petstock