CGA Bryson Funds Management Limited is our specialist property funds management business, which we have established to complement our development and construction activities.CGA Bryson Funds Management Limited (“CGABFM”) was granted its Australian Financial Services Licence by ASIC in April 2007.
Since that time, we have established and now manage, the following unlisted wholesale funds:
(i) CGA Bryson Development Fund No 3
This fund is closed to new investment. It is a single project development fund established on 21 August 2007, with an equity investment of $4.5 million. The sole investor is an institution. The project involves the development of 9 office/warehouses located at 11 & 12 Phillip Court, Port Melbourne, with an anticipated end value of approximately $14.7 million.
To review the asset of the fund click here.
(i) CGA Bryson Development Fund No 4
This fund is closed to new investment. This is a single project development fund established on 22 August 2007, with an equity investment of $5 million. The investors are wholesale investors. The project involves the development of 9 retail outlets, 10 office suites and 1 double storey office located at 11-17 Pearcedale Parade, Broadmeadows, with an anticipated end value of approximately $16.4 million.
To review the asset of the fund (commercial component) click here.
To review the asset of the fund (retail component) click here.
(iii) CGA Bryson Opportunity Fund No 1 (CGABOF1)
This fund is closed to new investment. This is a multiple project development fund established on 25 June 2008, with an equity commitment of $33.5 million. The investors include superannuation funds. The objective of the CGABOF1 is to generate investor return through undertaking development projects across various property sectors around Australia, particularly concentrating on Melbourne suburban locations.
To review the assets of the CGABOF1 click here.
In June 2004, we successfully established a wholesale unregistered managed investment scheme. The CGA Bryson Development Fund attracted wholesale investors to develop offices and warehouses at Gilda Court in Mulgrave, which had an end value of approximately $15.7 million. Completed in June 2007, the fund achieved an 18.4% internal rate of return for the unitholders before tax but after fees and expenses.
In providing this information CGABFM is not offering, or intending to influence you in making a decision in relation to, any other financial product that it may offer now or in the future. You should consider any Product Disclosure Statement (or other relevant offer document) in deciding whether to acquire or continue to hold any financial product that is or may be issued in the future by CGABFM. Past performance is not an indication of future performance.