AMP Capital's shopping centre fund offers investors exposure to an established portfolio of prime shopping centre properties across Australia and New Zealand. The fund is a diversified portfolio with stable income streams from property leases which provides Investors with a core exposure and the opportunity to participate in capital growth.
A rigorous and pro-active management approach is focused on maximising the total return consistent with a conservative risk profile. An emphasis on low volatility is underpinned by the diversity and strength of income stream, whilst investment markets are targeted which will deliver the optimum combination of income and capital growth.
Our shopping centre fund’s key characteristics include:
Underpinned by strength in income
The key benefits of investing in our shopping centre fund include:
Access to an established portfolio of shopping centre assets diversified by geographic location, retail subsector and lease expiry profile. This includes 11 investments in premium shopping centres across Australia and New Zealand, including two of Australia’s top ten shopping centres1
The Fund has a high occupancy level of 99.6%2 providing the potential for a consistent and sustainable income stream which is underpinned by leases with some of Australia and New Zealand’s leading retailers
The potential for capital growth, underpinned by strict planning legislation creating a limited supply of Regional shopping centres within Australia
A sound risk-adjusted return. There is a strategic overweight holding of 85% towards Regional shopping centres, the property asset class that has delivered the best risk-adjusted return historically3
Access to AMP Capital’s expertise and experience in sourcing and managing shopping centre assets. With over 50 years of experience in managing property AMP Capital is one of the largest institutional real estate managers in the Asia Pacific region.
1 Shopping Centre New – Big Guns Survey Volume 29, Number 1, 2011. Top 10 shopping centre by Moving Annual Turnover and by Gross Lettable Area.
2 As at 30 June 2011.
3 Property Council of Australia.