Peet Income Property Fund (PIPF)

Industrial and commercial property is the focus of our Peet Income Property Fund. With a diverse range of properties located throughout Australia.

The Peet Income Property Fund currently manages a portfolio of buildings worth more than $45 million situated in Brisbane (QLD), Canning Vale and Naval Base (WA) and Tullamarine (VIC).

The Fund  pays unitholders a quarterly return with the revenue generated from the rent received from the Investment Portfolio.

In June 2010 unitholders were advised that the Fund was to be wound up with the properties to be sold. The first property sale occured in October 2010 with the sale of 15 Brandl Street at a premium to valuation. Peet will continue to provide updates to investors on the sale process.

Key features of PIPF

  • A portfolio of 8 non-CBD commercial and industrial properties.
  • More than 600 Unitholders as at 30 June 2008.
  • Distribution paid in calendar year 2010 of 9.16 cents per unit.
  • Distributions paid quarterly. 

PIPF Portfolio