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REAL ESTATE | AUSTRALIA

Australia is to Europe’s investors like it once was to the great seafaring nations: a land that took some time to discover.

It is now over a decade since Australia was considered an exotic destination for European investors. Yet the country, with its enormous wealth of natural resources, has always had a lot to offer. The demographic conditions are still excellent and the population, which is younger than in Europe, is growing steadily. The economy is still heavily dominated by the service sector, which accounts for around 70 % of GDP. The property market is characterised by a high level of transparency and liquidity. Melbourne has established itself as one of Australia‘s most important metropolises alongside Sydney and is considered one of the most liveable cities in the world due to its diverse culture and lively art scene. This is also reflected in the fact that many international companies have their headquarters in Melbourne, which keeps the demand for high-quality commercial property correspondingly high.

Australia Fund 1 was launched in 2006 for the property known as KPMG House in the heart of Melbourne. The property was sold at a profit in 2016. Australia Fund 2 brought together two attractive pieces of real estate in the docklands area, part of the biggest urban development project on the Australian continent.

Our Australia Fund 3 incorporated three Class A office buildings in the coastal city of Adelaide. Here, too, the fund’s investors were able to take up a lucrative exit offer as early as 2013. We are now planning to launch a fund for private investors combining real estate in the country’s most exciting cities, such as Sydney, Melbourne, Adelaide and Canberra. The fund will invest in completed office buildings with multiple tenants. The target yield will be 5 to 6% per year over a period of 8 to 12 years.

„Australia remains an attractive destination for international investors looking for stable returns in the property sector.“

Stefan Pfisterer, Managing Director

Transactions (examples)

AUSTRALIA FUND 1

Fund asset
Known as KPMG House, this Class A office building encompasses approximately 43,100 m² of rental space and 350 underground parking spaces on Collins Street, a prime location in central Melbourne.

AUSTRALIA FUND 2

Fund assets
Two Class A office buildings – Port 1010 and the Innovation Building – offering a total rental space of approximately 21,000 m² in the docklands area of central Melbourne, part of the biggest urban development project on the Australian continent.

AUSTRALIA FUND 3

Fund assets
Three Class A office buildings in a prime location in the centre of Adelaide with a total rental space of approximately 35,000 m² and a parking garage with spaces for 704 cars