Fort Street Real Estate Capital
Fort Street Real Estate Capital
Property fund
Sector

Are you seeking long term stable returns

Business Highlights

Established in 2013, Fort Street Real Estate Capital (FSREC) is a leading specialist real estate investment and asset management company and the investment manager and property manager.

Investment Strategy – The FSREC Property Fund provides investors with exposure to a portfolio of Australian commercial property assets, with a diversified income profile to minimise exposure to risks.

The investment strategy to own and acquire convenience-based retail centres with a strong non-discretionary bias, in addition to office buildings in CBDs, fringe CBDs or major suburban centres.

FSREC currently owns 13 commercial property sites with a combined value of over A$795M.

Performance – The Group’s net asset value (NAV) at 31 December 2020 was $1.61 per which includes the cash for the December 2020 distribution payment.

Excluding the December 2020 distribution, the underlying NAV is $1.60 and represents an increase of 2.5% on the 30 June 2020 proforma NAV stated in the explanatory memorandum. All the assets in the portfolio were independently valued at 31 December 2020, resulting in an increase of 1.2% over the half-year.

The total value of investment properties increased by $9.7 million to $795.8M during this period, with the weighted average capitalisation rate reducing by 4bps to 6.06%. 

Commercial Property

Experienced Investment Team

Asset Manager

Diversified

Key Information

PrimaryMarkets Fees & Charges
Share Details
  • Type of shares: Fully Paid Stapled Securities
  • Estimated Price: $1.60
  • Number of Shares: 62,181

To view full property list click here

Team

Richard Hunt 

Executive Chairman

Ian Holmes 

Managing Director

Alex Maclachlan 

Chief Executive Officer

Jaclyn Strelow 

Executive Director

image

Agripower

Agriculture

image

Animoca Brands

Online Gaming

image

Arbortech

Industrials

image

Blooms the Chemist

Retail

Pharmacy

image

Crestone Holdings Limited

Wealth Management

image

Fort Street Real Estate Capital

Property

Fund

image

Haoma Mining NL

Metals & Mining

image

Happy Co

Information Technology

image

iSignthis

Information Technology

image

Myer Family Investments

Financial

image

Orbit Express

Aerospace Technology

image

Planet Innovation

Healthcare Technology