ABOUT REALSIDE
Realside combines the investment expertise developed over 20 years, and in excess of $2b in completed transactions, with the expertise of principals previously originating and undertaking private market investments within institutional firms as well as family offices.
The principals of Realside have been working together for many years and were previously responsible for the successful development of two multi-billion dollar investment firms; Atrium Investment Management and Primewest.
Realside continues to have an ongoing relationship with Atrium and together with its’ major shareholder, Quadrant Private Equity, Realside receives invaluable ongoing commercial support. Realside aligns itself with best in class investment professionals and continues to identify relationships and partnerships in both management and investment.
Realside Adelaide Office Fund – Offer Now Closed Fully Subscribed
Comprises a 50% interest in a $200m portfolio of 4 commercial office buildings. This is a high quality, diversified portfolio of A grade office buildings in Adelaide, purchased off market on a relatively high yield with a long, secure and diversified tenancy profile.
For the Information Memorandum Click Here
The Fund Metrics are summarised as follows:
- $50m equity raise
- 8.4% forecast year 1 cash return to investors, paid quarterly
- Target IRR 11.5% (5 years)
- NTA per unit $0.965
- Initial investment term 5 years
- Weighted average lease expiry profile of 5.7 years by income (as at 1 April 2020)
- 45% leased to the State Government of South Australia and the Commonwealth of Australia. Other Tenants include Nine Network, Viterra, & Kellogg Brown Root
- Acquired below valuation and replacement value.
- Net initial yield (fully leased) 7.26%
- 55% LVR
- There is no stamp duty payable on commercial property transactions in South Australia
- 200 bps yield spread between Adelaide and other key markets such as Sydney and Melbourne
DISCLAIMER
The information applies to Realside Pty Limited (ACN 612 803 175) AFSL 493146 and its related bodies ("Realside Pty Ltd").
The information contained in this email (and any attachments) may be confidential. It is intended solely for the addressee and unauthorised use is prohibited and may be unlawful. If you receive this email in error please advise the sender by using the “reply” function and delete the email (and attachments) with our apologies. This email has been sent by Realside Financial Group. Realside Financial Group includes Realside Capital Pty Ltd ABN 19 634 572 508 (“RC”) and Realside Property Pty Ltd 60 634 585 210 (“RPP”). RC and RP are authorised representative of Atrium Investment Management Pty Ltd ABN 17 137 088 745 (AFSL: 338634). This transmission is not personal financial advice and does not consider the recipient’s financial objectives, circumstances or needs. Realside Financial Group specifically disclaims all liability (including liability in negligence) to any person for any loss or damage consequential or otherwise suffered or incurred by that person resulting directly or indirectly from either the use of, or reliance on, the information contained herein. This email is provided for informational purposes and should not be construed as a solicitation or offer to buy or sell any securities or related financial instruments. While Realside Financial Group makes every effort to keep its systems free from viruses, it disclaims responsibility or liability for loss or damage from viruses and other defects arising in any way from this email transmission.
Information on this website is of a general nature only. It does not take into account any individual's personal circumstances, nor does it seek to make a personal recommendation to any individual. In order for a personal recommendation to be made you should contact an appropriately qualified and licensed financial adviser so a full needs analysis can be undertaken with full access to personal information. None of Realside, its related bodies corporate, nor any of their employees, will provide any individual with personal financial advice.
