Dexus Nowra Property Fund
The Dexus Nowra Property Fund (the “Fund”) was a single asset fixed-term direct property fund which owned a large format retail centre in Nowra, New South Wales. The Fund is now closed to new applications.
At a glance
Investment type
Single asset, closed-end unlisted wholesale property fund
Fund status
Closed
Investors
Wholesale and sophisticated investors only
Property
Large format retail centre located at, 198 Princes Hwy, South Nowra, NSW Site area of 28000 sqm Gross Lettable Area (GLA) of 13,032 sqm
Investment term
5 years
Liquidity
Withdrawals will not be available during the term of the Fund
Major tenant
Home Co. with the rental income guaranteed by Woolworths Limited (ASX:WOW)
Direct Real Estate Contact
Dexus Investor Services
The Dexus Nowra Property Fund comprised a single large-format retail asset, located in an established retail precinct in Nowra on the NSW Coast. The asset was 100% leased, and guaranteed until 2031 by Woolworths Limited (ASX: WOW).
* Forecast only, distributions and returns and performance are not guaranteed – The forecast remains subject to a number of uncertainties and assumptions.