Cadence AC St Marys 1

Risk Profile

Core Plus

Fund Details

  • Investor Profile: Institutional
  • Vehicle Structure: Partnership
  • Sector: Industrial & Logistics
  • Status: Closed for Investment

Equity Raised

$84.1M

Vehicle Overview

Cadence AC St Mary’s 1 is a partnership with a foreign institutional Capital Partner, established to acquire, develop and manage a single asset within the industrial and logistics sector. The vehicle pursues a core-plus strategy, underpinned by active management and tailored initiatives designed to deliver sustainable, long-term risk-adjusted returns.

Investment Strategy

Cadence AC St Mary’s 1 is focused on unlocking value through the acquisition of an intermodal terminal in St Mary’s at below replacement cost. As part of the transaction, a new 20-year lease was negotiated with the tenant, providing a long WALE and secure income profile. The strategy also targets capital upgrades, with further upside supported by the site’s optionality and potential for future development.

Vehicle Properties

  • Sector: Industrial & Logistics
  • Vehicle: Institutional Partnership
  • Strategy: Core+
  • Status: Current

St Mary's, NSW

St Marys Intermodal Terminal

Key Contacts

Tony Mount

Head of Investment Management