Unlisted property assets are a source of stability and long-term returns for REI Super.
Approximately 25% of REI Super’s property investments is in unlisted property assets, through one of our long-standing investment managers, Industry Super Property Trust (ISPT). ISPT provides a select group of industry funds (including REI Super) with access to high quality unlisted property assets for very low management fees, which means great investments at great value for REI Super members.
Unlisted property assets are assets that are not included in portfolios listed on the stock exchange. Unlisted assets are generally not readily available to individual investors, including self-managed super fund trustees.
Unlisted property investments are excellent long-term investments, providing a combination of growth and income to REI Super’s portfolio. They also have fewer short-term ups and downs in their returns than many investments, so they are valuable assets for stabilising returns to members.
REI Super’s investments in ISPT are through its Core Fund, which is a diverse portfolio of around 75 Australian commercial, industrial and retail properties of unmatched quality across capital cities and regional centres.
Since it started in 1994 to 30 June 2015 the ISPT Core Fund has delivered an average net of fees annual return of 9.17% per annum. In the financial year to 30 June 2015 it returned 10.74% (net of fees).
At 30 June 2015 the ISPT Core Fund was valued at a huge $8.7 billion.
The portfolio includes many iconic Australian properties.
- Melbourne’s GPO
- Westfield’s Doncaster Shopping Centre
- Brisbane’s Wintergarden complex; Casselden Place in Melbourne
- Liberty Place in Castlereagh Street, Sydney
- 2 National Circuit in Canberra
- 100 St Georges Terrace in Perth.
Future investment performance can vary from past performance, and you should not base your decision to invest in REI Super simply on past performance. Past earning rates are not an indicator of future earning rates. The investment returns of REI Super are not guaranteed, and the value of the investment may rise or fall.
The information contained in this article does not constitute financial product advice. However, to the extent that the information may be considered to be general financial product advice, REI Super advises that REI Super has not considered any individual person’s objectives, financial situation or particular needs. Individuals need to consider whether the advice is appropriate in light of their goals, objectives and current situation.