Discover our investment product suite, tailored to align with preferences for liquidity, yield or both.

Single Assets Diversified Funds

Single Assets

All single asset loans are for representative purposes only. Please enquire below for our latest open for investment loan opportunities.

Current Investor Return

9.80% p.a. (incl. BBSW)

LVR

65% LVR on an 'As is’ Gross Realisable Value (ex GST)

Maturity

March 2024

Total Loan Facility

$5,700,000

Interest Payments

Monthly

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FM Pre-Development Loan,
Wadalba NSW

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Current Investor Return

9.80% p.a. (incl. BBSW)

LVR

55% LVR on an 'As is’ Gross Realisable Value (ex GST)

Maturity

April 2025

Total Loan Facility

$37,537,500

Interest Payments

Monthly

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FM Pre-Development Loan,
Bronte NSW

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Current Investor Return

10.80% p.a. (incl. BBSW)

LVR

65% LVR on an 'As if Complete’ Gross Realisable Value (ex GST)

Maturity

February 2025

Total Loan Facility

$11,969,100

Interest Payments

Monthly

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FM Construction Loan,
Hampton VIC

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Current Investor Return

11.30% p.a. (incl. BBSW)

LVR

65% on an 'As If Complete’ Gross Realisable Value of $83m (ex GST)

Maturity

December 2024

Total Loan Facility

$50,484,200

Interest Payments

Monthly


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FM Construction Loan,
Port Melbourne VIC

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Investor Return

18.00% p.a. total return

Anticipated Redemption

December 2025

Development

Proposed building will consist of 14 whole-floor apartments with basement car parking for about 43 vehicles

Guarantee

Guarantee by the Sponsors to repay the Face Value upon the redemption of any Unit

Interest Payments

Quarterly

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Preference Equity,
Kangaroo Point QLD

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Investor Return

18.00% p.a. total return

Anticipated Redemption

August 2026

Development

Proposed building will consist of 21 Strata Title dwellings with basement car parking for about 35 vehicles over a total NSA of 3,300sqm

Guarantee

Guarantee by the Sponsors to repay the Face Value upon the redemption of any Unit

Interest Payments

Quarterly

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Preference Equity,
Elizabeth Bay NSW

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* The Australian Bank Bill Swap Reference Rate (Mid) administered by ASX Benchmarks Pty Limited (or any other person which takes over the administration of that rate) having a tenor of one month as displayed on the Refinitiv Screen Page "BBSW" (or any replacement that displays that page) at or around 10:30am (Sydney time) on the 1st day of each calendar month. If a rate for that Interest Period cannot be determined in accordance with these procedures, the rate shall be determined by the Trustee in good faith and in a commercially reasonable manner. The BBSW rate captured at 1 July 2024 is 4.3%; the RBA Cash Rate captured at June 2024 is 4.35%. The images displayed are real assets, lifestyle imagery or artistic representations intended to depict properties and/or their locations, and may not accurately reflect the actual features or conditions of the assets.

Diversified Funds

Pallas High Yield Fund No.2
13.30%p.a.
First & Second Mortgage Fund, Open-Ended
Fund Highlight
Actively-managed portfolio of structured finance investments providing attractive risk-adjusted return (current avg. weighted portfolio LVR 71.4%).
Net Investor Return
9.0% p.a. margin above BBSW, paid monthly.
Maximum LVR
75%
Key Feature
Strong portfolio diversification (n>80) by investment structure and instrument type (on look-through basis).
Pallas Warehouse Trust No.3
10.80%p.a.
First Mortgage Fund, Open-Ended
Fund Highlight
A seasoned portfolio of CRE Loans in blue-chip metro locations in Australia and NZ.
Net Investor Return
6.50% p.a. margin above BBSW, paid monthly.
Maximum LVR
65%
Rating
"Superior" 4.0 star independent rating from SQM Research.
Key Feature
Manager alignment with 5% 'First Loss' Investment Protection.
Pallas Senior Income Fund
10.86%p.a.
First Mortgage Fund, Open Ended
Fund Highlight
Actively-managed portfolio with monthly liquidity, comprising diversified and seasoned CRE mortgage assets in Australia and NZ.
Net Investor Return
Target 5.00% margin over RBA Cash Rate, paid monthly.
Maximum LVR
66% (Portfolio level)
Rating
"Superior" 4.0 star independent rating from SQM Research.
Key Feature
Parent Company Balance Sheet support that forms a 'first loss buffer' for Fund capital up to $10m in aggregate.
Pallas Warehouse Trust No.4
9.35%p.a.
Non-Construction First Mortgage Fund
Fund Highlight
A portfolio of non-construction CRE loans in blue-chip metro locations in Australia and NZ
Net Investor Return
5.0% p.a. margin above the RBA Cash Rate, paid monthly.
Maximum LVR
70%
Liquidity
6 Months (subject to 5% of NAV cap per month)
Key Feature
Diversified non-construction fund with 5% 'First Loss' Investment Protection.
Pallas Short Term Fund
9.05%p.a.
First Mortgage Fund, Open-Ended
Fund Highlight
Capital preservation in short-term CRE Debt investments.
Net Investor Return
4.75% p.a. margin above BBSW, paid monthly.
Maximum LVR
65%
Rating
"Favourable" 3.75 star independent rating from SQM Research.
Key Feature
3-Month Redemption Notice Period.
Pallas FM Trust
7.50%p.a.
Fixed Rate Bond, Fixed Term
Fund Highlight
Quarterly income through AUSTRACLEAR notes, asset-backed income through exposure to seasoned portfolio of first mortgage loans only.
Net Investor Return
7.50% p.a., paid quarterly.
Maximum LVR
65%
Key Feature
Manager alignment with 5% Investment Protection credit enhancement feature for all AUSTRACLEAR notes on issue.

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