About VOF11    

VOF11 offers retail investors the opportunity to participate in property development and repositioning style returns.  VOF11 will provide investors with the opportunity to gain exposure to five development and value adding assets located in Queensland, New South Wales and Victoria.  Based on the target returns from these assets, VCML is targeting for VOF 11 to meet or exceed an internal rate of return of 17% before tax but after fees and expenses.  Valad’s success in generating managed fund returns is evidenced by Valad achieving a weighted average project level equity IRR on completed projects of 28.7% (post fees and pre tax) in the Valad Opportunity Fund series.           

Project Portfolio  

• Melbourne International Airfreight Centre, Tullamarine, Victoria – an industrial refurbishment and leasing opportunity (SOLD NOVEMBER 2007)  
• Minchinbury Hometown, Western Sydney, New South Wales – a retail/homewares centre being refurbished in advance of strata subdivision of the tenancies  
• Oran Park, South-west Sydney, New South Wales – 107 hectares of land being positioned for rezoning from rural to residential use prior to sale  
• Richlands, Brisbane, Queensland – two development land sites covering 6.7 hectares in total, acquired with a view to consolidation in advance of rezoning from future industrial to general industrial and subsequent sale (SOLD NOVEMBER 2007)  
• Noosa North Shore, Noosa, Queensland – an interest in the development of 90 beach holiday homes with masterplan approval already in place.       

More information         

For more information you can contact Rochelle Ward at rochelle.ward@valad.com.au or on +612 8257 6629.