Aliro Prime Industrial Vehicle

DETAILS

Fund manager
Aakriti Chona
Established
2021
Sector
Industrial
Geographical exposure
Australia with a focus on eastern seaboard markets
Vehicle status
Open for investment

Fund overview

Aliro’s prime industrial vehicle was established in 2021 to acquire and manage a scaled portfolio of industrial assets focused on Australian eastern seaboard markets.

Investment Strategy

Institutional grade industrial assets, (in core eastern seaboard markets) within proximity to infrastructure and strong demographics.

Income focused investments driving cash-on-cash yield post stabilisation.

Stabilised assets, plus up to 30% enhanced and develop to core.

Investor Information

Vehicle type
Open-ended vehicle structured as a club. MIT compliant. [1]

Liquidity provisions
Liquidity review on the seventh anniversary and every five years thereafter.

Target Returns
10.0% [2]
Assets in Portfolio
3 [3]
Current Portfolio GAV
$105m [3]
Target Portfolio GAV
c. $1.5b

[1] It is the intention that the Trust will qualify as a Managed Investment Trust (MIT) and withholding MIT for tax purposes once new investors are admitted, subject to the investors satisfying the “Qualified Investor” requirements for the Vehicle to achieve the MIT status.

[2] Target net levered (at 45% gearing) IRR over seven years post-fees, pre-performance fee.

[3] As at March 31 2024