At Fawkner Property, we construct unlisted property trusts to provide unit holders with a consistent and reliable monthly income. We provide property investments with high-quality leases to financially strong tenants, creating stable income distributions.
We allow investors to gain access to properties which are typically beyond the resources of a single investor, giving you direct access to investment returns from a variety of quality commercial properties.
We creates syndicates of like-minded people to invest in property for steady income returns, well above bank fixed deposits.
Unlisted property trusts give you the opportunity to invest in highly desirable commercial property and secure reliable monthly income for the length of the trust.
At Fawkner Property, we create unit trusts which purchase commercial properties, and we then offer the units to investors.
The goal of these trusts is to provide investors with reliable monthly income derived from commercial properties tenants as well as capital growth in the value of the properties.
There are some important contrasts:
All trusts have a fixed term – usually six or seven years – which is set out in the disclosure document. At the end of the term an Exit Offer is made to investors, giving them the chance to exit at a nominated exit price, determined by the trustee in accordance with the deed (Fair Value). If 75% or more elect to exit, the trust is wound up. If less than 75% wish to exit, buyers are found for their units at the Fair Value. Priority is given to existing unitholders. If units remain unsold after six months, the trust is wound up.
Private Property Trust 11 and subsequent trusts have provision for an annual minor liquidity event, if the trust continues after the first Exit Offer. This allows for surrender of a specified number of units at Fair Value, up to 5% of the trust. These offers are discretionary and depend on the trustee being satisfied that the offer is in the interests on unitholders.