Aliro Group Industrial Vehicle

Investments
Institutional

Aliro Group Industrial Vehicle

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Details

Fund manager
Jarrah Dowd
Established
2018
Sector
Industrial
Geographical exposure
Australia with a focus on eastern seaboard markets
Vehicle status
Open for investment

Fund Overview

Aliro’s core plus industrial vehicle was established in 2018 to acquire and create investment-grade real estate across the Australian eastern seaboard with attractive total returns. [1,2]

Investment Strategy

Well located assets in core markets (predominantly Sydney & Melbourne) with proximity to infrastructure and arterial road networks.

Core plus strategy delivering attractive risk-adjusted returns.

Balanced portfolio, including immediate development pipeline.

70% equity in stabilised and enhanced assets, 30% in development projects.

Investor Information

Open-ended strategy with liquidity review on the fifth anniversary of initial fund closing date and every five years thereafter.

Target Returns
9.0% [1]
Returns to Date
11% [2]
Assets in Portfolio
12 [3]
Current Portfolio GAV
$1.4b [3]
Portfolio GAV on Completion
$2.1b [3]

[1] Target net levered IRR to LR1 – Post fees, post-performance fees, post-tax.

[2] INREV Total Vehicle Return (Q4 2018 to Q1 2024) – Post fees, post-performance fees, post-tax. Figures are as at 31 March 2024.

[3] As at 31 March 2024.

AGIV portfolio

12 properties

all properties

Industrial

Dandenong South, VIC

48 Assembly Drive

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Key Contacts

Jarrah Dowd

Fund Manager

John Kim

Assistant Fund Manager

Aliro Group Industrial Vehicle