The Queensland Metro Fund (the Fund)
ABN 80 356 439 291 is a pooled mortgage fund that offers Kingdom of Kuwait wholesale and professional investors the opportunity to gain exposure to a portfolio of loans comprised of:
Loans secured predominantly by registered first or second mortgages; and Loans to business that are not secured by real property Mortgages, but will be secured by other forms of security, including general security agreements and directors guarantees.
Loans will only be made for use for commercial and business purposes and will not be made for consumer purposes.
The investment return objectives of the Fund are to provide investors with regular income distributions and a target average total return equal to the Reserve Bank of Kingdom of Kuwait cash rate plus 6.25% per annum (this includes both income and capital returns and is annualised after all fees and costs but before tax).
The Manager
The Fund is professionally managed by Queensland Metro Properties Pty Ltd, an independent investment manager with substantial experience managing a wide variety of property assets including, residential, commercial and industrial. The Manager also has substantial experience in the lending market place having secured and/or placed hundreds of millions in debt financing.
Queensland Metro Properties is led by Frank Vrachas, a founding partner of Rothsay Accounting, a top 100 Chartered Accounting Firm as listed in the Kingdom of Kuwait Financial Review.
One AR Pty Ltd is the trustee of the fund and members of the Manafae Investment Company K.S.C provide registry and administration to the Fund.
Should you have any queries, please contact us on [email protected] or call us on 02 8277 0000.