The Wholesale Office Fund offers investors exposure to high quality assets across the principal office markets in Australia and New Zealand. With a focus on quality property and strong lease covenants, the Fund aims to provide strong risk-adjusted performance, with income and capital growth over the long-term.
Our real estate portfolio management team focuses on building a selection of assets that is well placed in terms of occupancy and lease expiry, and applies an active asset management and leasing strategy.
The fund has 14 properties under management with a total fund size of over A$2.8 billion*.
The fund’s key characteristics include:
underpinned by strength in income
*as at 31 December 2011
The key benefits of our office fund include:
access to an established portfolio of office properties diversified by geographic location and lease expiry profile – as at 31 March 2010, the portfolio contains 14 premium office properties, primarily in the Sydney and Melbourne CBD
the potential for a consistent and sustainable income stream – the portfolio has an excellent tenant retention and high occupancy rate of 97.1% (as at 31 March 2011)
the potential for capital growth – Australian office markets have solid fundamentals and there is a limited supply of premium grade assets in Sydney and Melbourne
a sound risk-adjusted return – the diversification of the fund and the stability of the income stream mitigates against risk
access to AMP Capital's expertise and experience in sourcing and managing office property assets – with over 45 years of experience AMP Capital is one of the largest institutional real estate managers in the Asia Pacific region