January 15, 2018 - Peak Equities
Category : Blog
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We maintain strict adherence to our core investment criteria. Each of our assets must exhibit the following key characteristics:
We remain committed to monthly income distributions to investors at greater than 8.5% per annum. Yields on capital city and inner-suburban commercial assets sit at around 5%, and as such cannot be accommodated within our investment model.
Our attention is therefore directed to smaller capitals such as Adelaide and significant regional centres, where there is often a lag between property values and yields compared to the East Coast capitals. With a primary focus on population growth areas, we favour areas such as the north-south growth corridor between Coolangatta and the Sunshine Coast, as well as significant regional centres such as Wollongong, Newcastle, Geelong and Townsville.
Our decision-making is strongly influenced by reference to detailed demographic and historical information, and validated by a thorough due diligence investigation before we commit to any purchase.
In 2018 we will seek to steadily increase our portfolio with the acquisition of two or three high-quality assets. As our investor base grows, so will the value of individual assets in which we take an interest.
Wherever possible we look at acquiring assets off-market, as competition for publicly offered properties is intense. We will also explore property development opportunities where we consider they can be de-risked to a level that meets the expectations of investors.
Melrose Park Unit Trust
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