We are pleased to announce the successful realisation of the LFM Long WALE Trust No. 1 following the sales of the fund’s properties – Goodstart Childcare Centre, Griffin (QLD) and Gawler East Fuel & Car Wash (SA).
The Trust was established with a clear strategy to acquire newly developed assets at an attractive discount to market value through prudent deal structuring and strong off-market relationships. Acquired as part of a portfolio in February 2020 for $11.2 million, the properties have now been sold for a combined total of $15.95 million, representing a significant uplift in value over the investment period and enabling the successful realisation of the Trust for investors.
KEY HIGHLIGHTS:
7% average annual distribution
$1.56 unit price
13.7% p.a. IRR
1.98x equity multiple, including distributions
The Trust delivered on its forecast distributions despite a challenging period characterised by rising interest rates and heightened market volatility. Through active asset management, disciplined execution and opportunistic disposals, we remained closely aligned with market conditions, enabling us to maximise value for investors and execute transactions at the right time.
This outcome reflects our continued focus on balancing secure income with capital growth, reinforcing the long-term value of the portfolio and delivering strong returns to investors.
We thank our investors for their support throughout this investment.
