Cadence Australian Real Estate Partnership I

CAREP I

Risk Profile

Value-Add

Fund Details

  • Investor Profile: Private
  • Vehicle Structure: Fund
  • Sector: Industrial & Logistics
  • Status: Closed for Investment

Inception Year

2023

Equity Raised

$55.3M

Target Returns

12%+EIRR

Vehicle Overview

CAREP I is a closed-ended, unlisted wholesale fund established in 2023 to acquire and manage a portfolio of industrial, retail and office assets, targeting a value-add strategy with the objective of delivering returns through a combination of income and capital growth. The fund is closed for further investment.

Investment Strategy

CAREP I‘s strategy is to invest in a diversified portfolio of income-generating industrial, office, and retail assets across Australia. The strategy prioritises value-add opportunities, targeting assets where active management, repositioning or capital works can drive stronger returns through enhanced income and capital growth.

CAREP I also seek’s to acquire properties at attractive pricing, including those with untapped potential or purchased during periods of market dislocation. Where suitable, the fund may also undertake selective ground-up development, either directly or through co-investment with other CPG-managed vehicles.

Vehicle Properties

  • Sector: Industrial & Logistics
  • Vehicle: CAREP I
  • Strategy: Value Add
  • Status: Current

Brooklyn, VIC

525 Geelong Road

  • Sector: Industrial & Logistics
  • Vehicle: CDIT 4
  • Strategy: Value Add
  • Status: Current

Somerton, VIC

125-175 Patullos Lane

  • Sector: Industrial & Logistics
  • Vehicle: Private Partnership
  • Strategy: Develop to Sell
  • Status: Complete

Truganina, VIC

The Crossing

Key Contacts

Tony Mount

Head of Investment Management

Mark Gower

Head of Asset Management