The Yield+Infastructure Fund aims to acquire a portfolio of yield-producing real estate assets Australia wide, in areas considered as likely to benefit from urban renewal and/or the construction of new transport and community infrastructure by 2012.

The Fund's objective is to provide investors with an ongoing annual cash yield of approximately 5.0% and an annual compound return on equity exceeding 18% per annum, net of Manager's fees and Fund level expenses. This level of return will be achieved through careful identification of select “value-add” opportunities, active management of the portfolio, and ultimate re-zoning and development of specific sites.

Thus far, the Fund has secured eleven properties ranging in value from $9 to $24 million. The portfolio includes a mixture of yield producing assets and development sites in Perth, Melbourne, Sydney and Brisbane. Half of committed equity has been utilised to date, with the Manager planning to be fully invested by May 2011.