The MPG Retail Brands Property Trust provides investors with an opportunity to invest in a diversified portfolio of quality retail property, tenanted by some of Australia’s best known retail brands.
Year started: 2007
October 2023 Asset Update: We are pleased to confirm settlement for the sale of Village Lakeside Shopping Centre, Pakenham in October 2023. Whilst it was sad to say goodbye to one of the Trust’s original investments, it’s time to convert that capital into some exciting new investment opportunities.
Total Current Assets: $133.6 million (June 30, 2023)
Current Assets: 8 (Rocks Central Shopping Centre, South West Rocks, NSW | Coles, Moss Vale, NSW | Khub, Kadina, SA | Beaudesert Central Shopping Centre, Beaudesert, QLD | Seacrest Shopping Centre, Wandina, WA | Homecentral, Warrnambool, VIC | Sarina Village Shopping Centre, Sarina, QLD | 1 Currie Street, Nambour, QLD)
Occupancy: 99% (September 30, 2023)
Property interests: 4 (Bunnings, Kingston, TAS | Chirnside Homemaker Centre, Chirnside Park, VIC | Mildura Homemaker Centre, Mildura, VIC | Seaford Meadows Shopping Centre, Seaford Meadows, SA)
Core Property Rating: Recommended
Features & Benefits
- Diversified portfolio predominantly leased to brand name tenants
- Attractive regular tax-advantaged returns*
- Potential for capital growth
- Moderate gearing
- Defined exit strategy at 7 years. 6 years remaining (at June 2023).
- Experienced manager with a proven track record
- Reduced capital volatility
- Minimum investment only $10,000
Retail Brands in portfolio
- Mixed Retail
- Forty Winks
Geographical Diversification by State
Minimum investment: $10,000
September quarter 2023 Yield: 1.69 cents per unit.
Distribution Frequency: Quarterly
Investment Term: 7 years with 6 years remaining (at June 2023). Rollover date: June 2029.
WALE: 2.7 years (30 September 2023)
Net Tangible Assets: $1.25 (30 September 2023)
Gearing: 45% (30 September 2023)
Tax Deferral: 63% for the 2022 financial year
APIR Code: MFM001AU
The risks are typical of those that would apply to investments in real property and in units in property trusts which are detailed in the PDS.
Investors seeking regular income with taxation benefits and the potential for capital growth such as self-managed super funds, private investors and retirees.
*Forecasts are estimates only and are not guaranteed to occur. Please refer to the Product Disclosure Statement (PDS) dated 17 June 2021 for details relating to forecasts.
An investment in the MPG Retail Brands Property Trust (the Trust) may only proceed on an application form attached to the Product Disclosure Statement (PDS) dated 17 June 2021 issued by MPG Funds Management (MPG) AFSL No 227 114. This information is general product advice only and has been prepared without taking into account your personal circumstances, objectives, financial situation or needs. In deciding whether to invest in the Trust you should consider and read carefully the PDS and consider seeking the advice of a licensed financial adviser before making an investment decision. Your investment may be subject to investment risk. Neither MPG nor any member of the MPG Group guarantees the return on your investment, or the gain or repayment of capital. Your investment does not represent deposits or other liabilities of the MPG Group.
Core Property rating: Recommended
The Core Property rating (assigned in September 2021) presented in this document has been prepared and issued by Core Property Research Pty Ltd (“Core Property”), which is an Authorised Representative ASIC number 1280479 of Core Property Research Holdings Pty Ltd (ACN 633 170 751, AFS License No. 518320) (Licensee), and trading as Core Property. Whilst the information contained in the report has been prepared with all reasonable care from sources that Core Property believes are reliable, no responsibility or liability is accepted by Core Property for any errors, omissions or misstatements however caused. Past performance information is for illustrative purposes only and is not indicative of future performance. The Core Property publication is not and should not be construed as, an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Any opinion contained in the Report is unsolicited general information only. Neither Core Property nor the Participant is aware that any recipient intends to rely on this Report or of the manner in which a recipient intends to use it. To access the full report, please visit www.coreprop.com.au.The rating is subject to change without notice and Core Property assumes no obligation to update the report.