Cromwell Riverpark Trust
One of the market’s best performing unlisted property trusts; delivering investors outstanding income and capital returns, and demonstrating the strength of our ‘Back to Basics’ approach to single property trusts
Cromwell’s approach to property is characterised by a belief in the cyclicality of markets. We have a strong focus on governance, compliance and oversight, have the confidence to time entry and exit from markets, and seek to always align ourselves to the interests of our investors.
Our ‘Back to Basics’ Investment Trusts are structured to suit investors who are looking for peace of mind through a fixed term investment, paying reliable monthly distributions from a single high quality commercial property asset, underpinned by a long term lease to blue chip tenants.
The trusts are structured to include a maturity date, at which point the assets are either sold (and the proceeds returned to investors) or investors can vote to extend the trust. Generally a seven year term is chosen to maximise the potential for capital appreciation by ensuring any sale is attractive to prospective buyers.
A number of ‘back to basics’ case studies can be found below.
Cromwell Box Hill Trust
We launched a Product Disclosure Statement for the Trust in December 2012 and raised $70 million which, combined with debt, was used to acquire the 5 Star Green Star, 20-storey office tower in Box Hill, Victoria which had an expected valuation on completion of $117 million.
