Your catalyst for growth.
Delivering superior returns
to property investors.
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Delivering world class performance.
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Superior returns. Capital growth.
Mair Property Funds (MPF) has been helping investors
grow their wealth through commercial property
investment for more than 35 years.
Investing in commercial property is rarely an option for individual investors due
to the large amount of capital and the high level of expertise required.
By establishing and operating unlisted property trusts registered with the
Australian Securities and Investment Commission (ASIC), we make it an
accessible and rewarding possibility.
We believe in the power of investing in commercial property trusts, but
actions speak louder than words. That’s why we’re proud of our track record
of delivering superior returns to investors across our portfolio. Benchmarked
against major indices and other asset classes, we lead the way.
Our focus.
Mair Property Funds is a Western
Australian owned company offering
actively managed Australian
commercial property investment trusts.
• Funds Management
• Wholesale and retail trusts
• Holder of AFSL License (ASIC)
• Commercial Property Investment
We specialise in the acquisitions and management
of commercial property investment though unlisted
property trusts.
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ABOUT US
Focused on high performance.
Your wealth. Our business.
A good investment strategy means different things
to different people. To us, it means above-average
returns, capital security and growth, and confidence
in an experienced and knowledgeable team.
We’re a Perth-based business focused on
creating wealth for Australian investors,
offering a national outlook and quality property
investment opportunities across Australia.
We secure superior investments using our thorough
investment philosophy. We then actively manage
the properties on behalf of our investors to ensure
property performance and lease compliance,
keeping investors informed along the way.
Mair Property Funds manages more than
$183m of commercial properties, holding
assets over 17 trusts and syndicates.
Our investors benefit from personalised
service, professional expertise and many
years of successful experience.
Our investment philosophy.
The first step to owning
a superior investment is
superior buying.
We firmly believe that bought well, commercial property can outclass all other investments over the life of
the asset. Smart purchasing of good quality commercial property is what we do.
We conduct detailed analysis and due diligence, based on a comprehensive set of investment criteria and
our knowledge of market trends, to secure investments that will outperform in the long run. This strategy
involves focusing on attributes that will produce strong cash flow and capital growth, and eliminating or
reducing investment risk – such as lost income from leasing vacancies.
Coupled with our strong contract negotiation experience, we always ensure we maintain the expected
quality of our acquisitions.
Conservative gearing
We take a long term view
It’s all about you
We avoid high risk exposure by gearing our assets to
a maximum of 55% of the value of the property. The
current gearing across our existing portfolio is 38%.
Trusts are set up for initial fixed periods of 5 – 8
years. At the time of expiry, we give investors the
option to sell down the assets, or elect to continue
which is often the case as investors become
comfortable with the ongoing distributions.
At Mair Property Funds, we pride ourselves on
offering personalised service to each of our
investors. We take the time to explain what’s
going on and we make ourselves available
to answer any questions. Aside from offering
superior returns and capital security, good
communication is one reason people choose –
and stay - with us.
By servicing an interest-only debt which is secured
only by the property, we can maximise the yield
and the capital growth on the equity invested. It
also means we are less exposed if interest rates
rise.
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O U R I N V E S T M E N T P H I LO S O P H Y
We have proven success in acquiring low risk,
high quality assets with strong financial
growth and investment returns.
OU R I N V E S TM E NT C R ITE R I A
+ Targeted asset classes, sector
specific
+ Commercial zoning
+ Distributions paid from income
+ Conservative debt gearing
+ Strong tenants and lease security
+ Utilitarian building design with
modern building specification
+ Key demographic locations
+ Value-add potential
+ Below replacement costs
+ Development opportunities
+ Asset value – range of
$5m - $35m
+ Forensic Due Diligence
conducted
A diversified range of
quality investment
opportunities .
At Mair Property
Funds, we’ve got our
finger on the pulse.
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OUR PORTFOLIO
Our team of experienced professionals is always actively engaged with the market and our established
network to seek and identify high-quality opportunities, both in Western Australia and across the country.
The MPF difference is in the depth and breadth of our research. We regularly analyse properties for sale
against a detailed set of investment criteria and always obtain independent valuation reports as part of our
acquisition process. We only progress to full due diligence if a particular property satisfies our vigorous
requirements.
Investors receive consistent quarterly distributions from income (not capital)
Mair Property Funds currently manages more than $183m of commercial property assets on behalf
of its investors, delivering distributions of 11.8% across its portfolio – all paid from income rather than
capital. Our assets are held over 5 syndicates and 12 trusts, incorporating 38 properties. Talk to us
about investing in a diverse suite of assets that provide capital security with an above-average return.
A-Grade tenants, future-driven tenancy.
Income returns across a range of property sectors.
Our 38 properties comprise of more than 88 quality tenants.
We apply a strong discipline to tenant strategy making sure we
monitor and pay attention to key industry trends and direction
to ensure our tenants can support and align with both shortterm requirements like rent accountability, and long-term
performance objectives. 73% of these tenants are either multinational or national corporations, or are listed on the Australian
Stock Exchange.
Investors rely on our proven approach, passion and expertise to
buy strong investment properties at the right price that will deliver
secure income as well as capital growth.
Tenancy Mix
Sector Allocation – Income
1% 4%
MPF’s investment portfolio includes a healthy mix of property
sectors that provide diversified income returns. High yielding
industrial assets comprise 33% of the portfolio, a good mix of
retail assets and about 4% is attributed to the development sector.
2%
Retail
Large Format Retail
Multinational
25%
43%
National/ASX Listed
33%
40%
30%
Vacant
Industrial
Office/Medical
Private Business
11%
Vacant
11%
Development
Delivering strong, leading
performance on every level.
SU PE R I O R
R E TU R N S
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elivering a return on your investment is our
highest priority. To date, our investors have
enjoyed an average Internal Rate of Return of
14.2%p.a., surpassing industry benchmarks.
Q UA RTE R LY D I S TR I B UTI O N S
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on’t wait for your returns. Our income
distributions are paid quarterly to maximise your
investment cash flow.
C A PITA L S ECU R IT Y
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ith national and ASX listed tenants and low
loan-to-value ratios, you can be confident that
your capital invested is secure and stable.
K N OW LE DG E A N D E X PE RTI S E
+O
ur specialist knowledge allows us to see
opportunities and risks in our portfolio, and to act
decisively to maximise the end result for our investors.
PE RSO N A LI S E D S E RV I C E
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ersonalised service – Don’t get lost in the crowd.
As a boutique firm, we offer direct access to our
asset managers and team to all our investors and
welcome the opportunity to speak with you about
your investment.
R EG U L A R CO M M U N I C ATI O N
+ Let us keep you up to date on your investment and
the wider commercial property market with quarterly
written updates and special events for our clients.
Solid and consistent
investment returns.
History shows we outperform
other asset classes.
Across all MPF syndicates and trusts, our portfolio of commercial properties
has achieved an average internal rate of return of 14.2% p.a. (income plus
capital growth).
Over the last 10 years, MPF has delivered strong and sustainable returns that
outperform major benchmark indices.
Excluding capital gain, current income distributions to investors across all
funds under management is 11.8% on the initial investment. Average annual
capital growth since June 2002 is 5.4% with a total growth of 46% of initial
equity invested.
We contribute to the Investment Property Databank, which enables our
performance to be clearly measured. This reveals the superior performance
of our returns from commercial property when compared with other asset
classes, as well as unlisted and listed property trusts and equities.
Total Return - All Property
(per $10k invested)
Total Returns - MPF All Property Vs
Asset Class Performance Indices
300
42,000
200
34,000
100
26,000
0
18,000
10,000
An investment of $10,000 in June 2002, applied across all
syndicates and trusts managed by MPF, would have grown
to a total return of just under $42,000 by June 2016.
MPF All Returns
Direct
Property Index
Bonds - J.P.Morgan
7 - 10 Year
Unlisted Property
Trusts (inc MPF)
Equities
Property Equities
Inflations (CPI)
Our careful and selective approach to acquisitions and
asset management is a key factor in our ability to outclass
the competition.
OUR PERFORMANCE
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A wealth of experience.
The team at Mair Property Funds is passionate about helping investors
accelerate their wealth through commercial property. Our people are leaders in
their field, but they also care. Approachable and informative, they consistently
put investors’ best interests at heart.
Directors and Management Team
Damian Collins CHAIRMAN
Damian is the founder and Managing Director of Momentum Wealth. He has
more than 20 years’ experience in the property and finance industries and brings
a strong vision to Mair Property Funds. A successful and respected property
investor, Damian has a Bachelor of Business Degree and a Graduate Diploma in
Property. He is a member of the Institute of Chartered Accountants in Australia,
the Financial Services Institute of Australasia, the Mortgage Industry Association
of Australia and the Australian Institute of Management.
John Mair DIRECTOR
John established the real estate business known as Mair & Co. in 1966. John has
specialised in property investment, development and management. Since 1966
John has been involved with the establishment of over 35 private syndicates
and unit trusts to develop and/or invest in property. John has held a Real Estate
and Business Agent’s License in Western Australia for over 35 years. John is a
member of the Real Estate Institute of Western Australia.
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OUR TEAM
David Ellwood MANAGING DIRECTOR
Jennifer Wakeman DIRECTOR
David is a highly experienced property professional with
experience in a broad range of commercial real estate
transactions across Australia. His previous roles include
Director of Asset Management at a major real estate business,
Portfolio Manager for a large property fund and Asset
Manager of a Corporate Estate. He holds and Bachelor of
Science Degree and is a Certified Property Manager.
Jennifer is the co-founder and General Manager of
Momentum Wealth. She has a Master of Business
Administration (MBA), a Bachelor of Communications
Degree (Public Relations) and a Diploma of Property
Services (Agency Management).
Alex Lambert A S SE T M A N AGE R
Emma Everett STRATEGIC ALLIANCES MANAGER
Alex is responsible for the asset management of the trusts
and syndicates which are held within MPFL’s property
portfolio. Alex has fourteen years’ experience in the
property industry in both the U.K and Australia. He has held
senior positions within private property portfolio’s in the
U.K and in one of the largest property service providers.
Alex has diverse experience in asset management, urban
master-planning, investment and sales and leasing. Alex
holds a Bachelor of Science in Real Estate Management
and is a Member of the Royal Institute of Chartered
Surveyors.
Emma has more than ten years’ experience in the property
industry, serving in a diverse range of roles and more
recently as manager of strategic alliances. Emma brings
years of experience working closely with external advisors
and their clients to cater products, services and information
to sophisticated and high net worth individuals, and has
built strong relationships within a number of professional
industries. BA (Asian Studies), Grad Cert (HRM), Cert IV in
Property Services, Cert IV TAE
Saundra Weeratunge COMPANY SECRETARY
Peter Melling ACQUISITIONS MANAGER
Appointed as Accountant / Company Secretary of the Group
in August 2004. Saundra is a finance professional with over
25 year’s post-qualification experience across a range of
industries. She is responsible for all accounting, taxation and
financial matters within the Group and is also the appointed
Compliance Officer. Saundra holds a Graduate Certificate
of Business (Professional Accounting) and is a Member of
CPA Australia, an Associate Member of the Chartered
Institute of Management Accountants (UK) and an
Associate Member of the Governance Institute of Australia.
Peter is responsible for the implementation of the acquisition
strategy and ensuring maximum returns for investors.
Prior to joining Mair Property Funds, Peter spent several
years advising Local and State Government agencies on
acquisition and portfolio strategies across Australia. Prior
to this he managed the Queensland portfolio for Goodman.
He holds a Bachelor of Property Economics and Masters of
Applied Finance from Queensland University of Technology
and is an Associate of the Australian Property Institute and
sits on the Industrial Committee for the Property Council.
At Mair Property Funds, every aspect of our
business is driven by a core understanding that
our clients’ success determines ours.
Ready to take the next step?
Contact our team to learn how we can assist
you towards your investment goals.
We’re passionate about investing in commercial property
and proving the results of our investment options, and we
have the knowledge and the experience from our success
enable you to achieve your investment goals.
Please feel free to arrange a personal meeting, or register
to receive more information from us on our next investment
opportunity or information seminar.
08 9321 5566
E [email protected]
W www.mair.com.au
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DISCLAIMER: This information has been prepared by Mair Property Funds as a general guide only. It does not constitute an offer for sale, or solicitation for the purchase
of securities, financial products or other investments. It should not be relied upon to determine or to make decisions about the investment objectives, financial situation or
individual needs of any person. Mair Property Funds recommends investors seek professional advice before making a decision to invest.
Mair Property Funds and its related entities does not make any representations or give any warranties that the information contained within is or will remain accurate or
complete at all times and they disclaim all liability for harm, loss, costs, or damage which arises in connection with the use or reliance on the information.
Manager, Responsible Entity and product issuer:
Mair Property Funds Limited ABN 48151957676
Mair Property Securities Limited ABN 28091623862. AFS Licence 238386.
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