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FUND
Venu Hospitality Fund
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SECTOR
Hospitality – Hotels, Restaurants, Clubs, Queensland
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PROJECTED RETURNS* (YEAR 1)
Projected Year 1 (annualised) Cash Dividend of 7.5c per Stapled Security
Projected Year 1 (annualised) Franking Credit of 2.5c per Stapled Security -
RISKS
Investors will be exposed to all of the risks involved in investing in property, either directly or indirectly through managed funds, including property development risks; and the risks associated with operating a business, in
particular the risks associated with operating hospitality related businesses. The key risks associated with the
Fund are described in the IM. -
FUND STRUCTURE
The Fund will be a stapled vehicle
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GROSS ASSET VALUE
$80.6m
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INITIAL GEARING
Low Initial Gearing of 19.73% on GAV
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PRINCIPAL ASSETS
Beach House chain of Hotels and Bar & Grills, Madame Wu, Casa Cibo, Chu the Phat, Pine Beach Hotel, Beachmere Tavern
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TRUSTEE
Stara Investment Management Limited
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MANAGERS
Cooee Investment Management Pty Ltd (Investment Manager)
The Businesses and Hotels will be operated by HM&A Co Pty Ltd ACN 616 272 345
Trading as Venu Plus Management (Business Manager) -
INVESTORS
Open to direct wholesale and sophisticated investors
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FUND TERM*
Open ended, subject to Limited Redemption Facility and Periodic Liquidity Events every five (5) years.
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STATUS
Coming Soon
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AVAILABILITY
Complete expression of interest form here
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INFORMATION
Register here for a copy of the Information Memorandum
* THE FINANCIAL PROJECTIONS AND TARGETS ARE NOT GUARANTEED. THE PROJECTED DIVIDEND AND FRANKING CREDIT FOR YEAR 1 IS AN ANNUALISED FIGURE FOR A PART YEAR TO 30 JUNE 2023. THE PROJECTIONS ARE BASED ON A NUMBER OF KEY ASSUMPTIONS WHICH WILL BE OUTLINED IN THE INFORMATION MEMORANDUM. THE FUND’S TARGET RETURN MAY VARY OVER TIME ACCORDING TO MARKET CONDITIONS. THE FUND MAY INCREASE DEBT TO A MAXIMUM OF 40% OF GAV TO FUND ADDITIONAL ACQUISITIONS. THE FUND MAY NOT BE SUCCESSFUL IN MEETING ITS OBJECTIVES, AND LIKE ANY INVESTMENT THERE ARE RISKS ASSOCIATED WITH AN INVESTMENT IN THE FUND. DETAILS OF SPECIFIC RISKS ASSOCIATED WITH THE FUND WILL BE SET OUT IN THE IM.
Register Your Interest in the Venu Hospitality Fund Below:
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