Elara Shopping Centre

Elara Shopping Centre

Overview

Eildon successfully completed a $30.1 million equity raising for the EAM Elara Village Property Fund to acquire a brand-new Coles-anchored Shopping Centre located within Stockland’s Elara Masterplan Estate in Marsden Park, NSW. The centre
commenced trading in November of 2021, having a very successful first 12 months of operation. The flagship Coles is supported by The Castle Hill Medical Centre, Goodstart Childcare, Snap Fitness, Desi Hatti Indian Grocer, Subway and many more specialty shops. EAM Elara Village Property Fund provides investors with:

  • Ownership in a large A-grade shopping centre asset, via an unlisted direct property Fund
  • Cash distributions paid to Investors on a quarterly basis, over the 7-year investment term
  • Opportunity for capital growth, represented in the Fund’s NTA
  • Long-term lease with a forecast Weighted Average Lease Expiry of 10+ years (100% occupation)
Important information

Asset Value is calculated by this method. Fund Unit Price is calculated by this method as at the date of completion. Distributions will be quarterly from the date of completion. Investment Term may be extended. WALE is calculated as at 28.11.22 and will change as tenants change.