Trinity Property Trust (TPT)
The key objective of the Trinity Property Trust (TPT) is to consistently deliver investors above benchmark returns by actively managing a diversified portfolio of domestic real estate assets.
Established in 1998, TPT is TFM's flagship fund, which has achieved a 10-year rate of return of 9.19% per annum (as at 30 June 2010).
Fund Profile
TPT is an unlisted fund focused on the needs of long term institutional investors seeking exposure to a diverse portfolio of property assets that can deliver total returns above benchmark.
TPT’s total returns include consistent income returns, capital growth and a component from active management and repositioning of property assets.
The fund differentiates itself from the vast majority of its peers by its higher exposure to smaller and more management intensive assets.TPT’s asset class sub sector comprises of well located multi-tenanted B Grade commercial, sub-regional and neighbourhood retail and industrial assets. These assets have the potential to deliver enhanced returns from a higher degree of active management.
The smaller lot size of TPT assets provides demonstrably enhanced liquidity and agility. This enables the Fund to quickly execute geographic and sector tilts to capitalise on market conditions.
In order to deliver consistent peer outperformance the Manager adopts an end-to-end philosophy of managing all facets of a real estate portfolio. The manager seeks to maximise property performance through pro-active 'hands-on' asset management, development management, property management and leasing.
The Fund adopts a stable capital structure with appropriate use of debt; strict selling discipline, and a stable investor base. In the long term the fund will aim to develop a strong institutional investor base to enable the fund to continue to capitalise on opportunities within major domestic property markets.
For more information on the Trinity Property Trust, please call David Asplin on 07 3002 4200.
Unit Price
The TPT Unit Value is calculated on a monthly basis. Past performance is not an accurate indicator of future performance.
2010
Month |
Price |
| 31 July 2010 | $0.9131 ($0.0044 dist entitlement) |
| 30 June 2010 | $0.9134 (ex $0.0300 dist) unaudited |
| 31 May 2010 | $0.9286 |
| 30 April 2010 | $0.9286 |
| 31 March 2010 | $0.9284 |
| 28 February 2010 | $0.9289 |
| 31 January 2010 | $0.9289 |
2009
Month |
Price |
| 31 December 2009 | $0.9291 |
| 30 November 2009 | $0.9509 |
| 31 October 2009 | $0.9513 |
| 30 September 2009 | $0.9668 |
| 31 August 2009 | $0.9670 |
| 30 June 2009 | $0.9687 |
| 31 July 2009 | $0.9687 |
| 31 May 2009 | $1.1264 |
| 30 April 2009 | $1.1451 |
| 31 March 2009 | $1.1779 |
| 28 February 2009 | $1.1779 |
| 31 January 2009 | $1.1779 |
2008
Month |
Price |
| 31 December 2008 | $1.1806 |
| 30 November 2008 | $1.2835 |
| 31 October 2008 | $1.2835 |
| 30 September 2008 | $1.2835 |
| 31 August 2008 | $1.3058 |
| 31 July 2008 | $1.3058 |
| 30 June 2008 | $1.3082 |
| 31 May 2008 | $1.3239 |
| 30 April 2008 | $1.3240 |
| 31 March 2008 | $1.3239 |
| 28 February 2008 | $1.3209 |
| 31 January 2008 | $1.3209 |
2007
Month |
Price |
| 31 December 2007 | $1.3215 |
Latest Reports and Publications
Download a copy of the TPT 2010 Financial Report
Download a copy of the TPT June 2010 Quarterly Report
Download a copy of the TPT March 2010 Quarterly Report
Download TPT Half Year Financial Report - 31 December 2009
Withdrawals
The Board resolved that a Withdrawal offer will not be made for TPT effective 1 July 2009. The Board resolved that until further notice there will be no withdrawal offers available to TPT investors.