Key Investment Fundamentals

This investment satisfies all key investment fundamentals

Near new buildings Strong tenant covenants Solid lease terms offering good forward growth Growth location within the Frankton Flats

Queenstown / Frankton has very strong forecast population growth over the medium term Good current cashflow at 5.55% pre tax, with the benefit of future development upside It is proposed that future development will be funded from development equity upside and additional borrowing Strong management & development background of the Management Entity Relative resilience with minimal impact from elimination of International tourism on centre activity