Assembly
Australian Diversified
Property Funds
The Australian Diversified Property Fund Series targets superior risk adjusted returns through a flexible and opportunistic approach to investment in Australian and New Zealand Real Estate
ADPF1
CLOSEDFollowing four oversubscribed offerings, AFM’s inaugural fund, ADPF1, reached its target hard cap of $350m in equity in July 2022. ADPF1 is now closed for investment.
ADPF1 maintains the flexibility to invest across most sectors, with its current investment portfolio including Logistics, Residential, Mixed Use, Large Format Retail and Alternatives assets.
The Fund is currently 75% drawn and is targeting a 10-12% net IRR for investors.
$350
million
Total Equity Commitments10-12%
Net IRR
Target ReturnTarget Investment Strategy
33% Value Add
34% Core Plus
33% Debt
Sector Allocation
48% Residential
28% Industrial
24% Other
ADPF2
EOI FOR SECOND CLOSEAFM successfully completed its first close of ADPF2 in November 2023, and intends to reopen ADPF2 for investment in 2024.
ADPF2 is a diversified closed end real estate fund targeting a gross IRR of 15% -17% which will invest in a mix of value add and core-plus strategies, as well as senior and mezzanine debt in Australia and New Zealand.
$350
Million
Target Equity Commitments11-13%
Net IRR
Target ReturnTarget Investment Strategy
50% Value Add
20% Core Plus
30% Debt
Contact us for
more information
NICHOLAS RODWELL
nick.rodwell@assemblyfm.com.au
+61 2 8023 4052