Pallas Capital is pleased to introduce the Pallas Warehouse Trust No.3, a diversified, open-ended first mortgage fund with superior risk adjusted fixed income returns backed by real estate assets and a 4.0 star superior ‘High investment grade’ independent rating from SQM Research.

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7.0% p.a.

Current investor return net of all fees paid monthly in arrears

12 Months

Minimum notice required for the redemption of Notes in the Fund

65% LVR

Maximum Loan to Value Ratio

Investment Activity

As at the 31 December 2021, the Pallas Warehouse Trust No.3 was diversified across 19 first mortgage investments representing a Total Loan Investment amount of $31.9 million.

Locations & Property Types

Development site and / or residential, retail, commercial or industrial property, predominately located in Sydney, Melbourne and Brisbane Metropolitan areas.

Investment Protection

Pallas Warehouse Trust No.3 has an Investment Protection mechanism that holds bank guarantees and/or cash equal to 5.0% of the Issue Size. This assists the Fund in meeting redemption obligations in the unlikely event of an underperforming asset and reduces the overall risk profile to the investor.

Qualifying Loans

Each loan taken up by Pallas Warehouse Trust No.3 has to pass a 'comprehensive list' of Qualifying Loan Requirements including location and site amenity, borrower expertise, exit strategies and valuation requirements. A diversification strategy is in place to reduce exposure to any single SPV lender.

To request an IM for the Pallas
Warehouse Trust No.3 or speak with us
directly, click below via your preferred
method of contact:

Mark Schwarz
Partner – Distribution
mark.schwarz@pallascapital.com.au
0417 253 876

David Morgan
Partner – Distribution
david.morgan@pallascapital.com.au
0427 949 097

PWT3

Investment Activity